In general response to many of the comments, including AJ’s and Jeff’s, I will say that vin specific videos were revolutionary 5 years ago and it was the truly progressive dealers that were the first to jump on the vin video band wagon. Today, marketing and advertising blogs all over are showcasing the move of ad dollars to online ad spend, and particularly video in relation to both desktop and mobile shoppers. eMarketer predicts 169 million people (71% of internet users) will be watching online video each month by the end of 2012. They also estimate that US online video ad spending will enjoy an aggressive 40% year-over-year increase from 2011. (1) If you have a minute check out the article, because it outlines the shift that advertising decision makers are making to put their ad dollars into online video with Pre-roll topping the list at 63%, followed by in-banner 53%, Mobile 55%, etc.
Questions to ask are:
-How
targeted is my online video strategy?
-What is the
reach of my online video strategy?
Yes, website stickiness and website lead conversion are important, and can absolutely be impacted by vin specific videos but many dealers including some of the readers of this thread have expressed distaste for vin videos that are all scripted the same …. “this 2011 Acura MDX has air conditioning and power windows and locks…” and I’m sure the consumer would agree.
The solution to this problem is selecting a video vendor that will utilize the custom dealer comments in your feed to determine the quality of the video voice over script. Imagine the beauty of “
This Certified 2011 Acura MDX has leather seats, Acura Navigation system with Zagat Survey restaurant reviews, voice recognition system, and is backed by a 12mo/12000mi Limited warranty plus a 7 yr/100,000 mi Powertrain Limited Warranty”. In this scenario the dealer can impact the script quality.
But by no means are VIN videos the end of the road for a strong online video strategy. Here are several areas that video can impact:
SEO:
-Google domination via targeted video SEO (like the Carmercial offering or UnityWorks! Media’s Accelerated Video Search Engine Optimization)
-A strong vin video SEO/YouTube strategy with NEW and USED Vin videos
Website Stickiness & Website Lead Conversion:
-
Vin videos
-
Relevant video content including vendor and dealer content like sales specials, service specials, customer testimonials, service how to videos, OEM content, and Dealer unique programs like Younger’s “Younger for Life” or Germain’s “Germain Advantage”, AutoNation’s “Money Back Guarantee” or Saint Paul Autos vehicle exchange program.
-
Visitor friendly “video hub” where a consumer can easily access an organized delivery of all NON-VIN content. Great example:
Germain Cadillac - Columbus Cadillac Dealer - Great Deals on New and Used Cadillac Cars and SUVs - Germain Cadillac of Easton.
Mobile Friendly:
-Vin videos
- Specials videos
-“Video hub”
Third Party Sites:
-
Vin videos on your basic 3[SUP]rd[/SUP] party sites … AutoTrader, Cars, KBB, DealerRater, Vast, Carsoup
-Specials Videos (not all sites have this option, although AutoTrader does)
Social Networking strategy:
-Vin videos
-Other relevant dealer and/or vendor content
Lead follow up:
-Are you able to respond to a lead with an invitation to view a video relevant to their request, or as an enticing offer to try and re-engage a non-respondent contact (“we’ll give you 110% value for your trade-in”)?
Fixed Ops:
-Video SEO
-Relevant website content answering many common service questions
-Video specials
Just like all things, it may be easier to hire a provider to do some or all of this for you rather than tackling this in house. However, for those that already have a savvy group of people who are able to take some of this on themselves the take-away is still the same. Vin Videos are certainly a bedrock product that can provide a lot of lift organically and on your website, but a strong video strategy should plug in and complement all your other online marketing strategies like pre-roll, SEO, in-banner advertising etc.
Oh and Jeff … BRING IT ON IN 2012!! J
Article Source:
(1)
Pre-Roll, Mobile Top Video Ad Formats for 2012 - eMarketer