The COVID-19 pandemic has completely shifted the way the world works — including how businesses function and how employees do their jobs. Here at Wistia, we immediately noticed an uptick in content creation and video engagement this March when the pandemic began to sweep the nation.
Now, several months into this “new normal,” we’re ready to pull back the curtain and share some data and trends from our platform in true Wistia fashion. After all, we do have a track record of being super transparent with our business decisions, successes, and even the occasional flop.
Below, we’ve outlined the top three trends related to video engagement that we’ve seen during the pandemic and tips for how to use this information to implement a more strategic video plan this year. All data referenced is compared to Wistia data pulled from the prior year, 2019. Let’s dive in!
Video consumption is more ubiquitous than ever — and our data clearly supports this trend.
Before March of 2020, Wistia saw an 18% increase in hours watched per week from 2019 to 2020. Hours watched represents the average number of hours of video content consumed per week across all of our customers.
We started 2019 with an average of 2.2M hours watched per week. This increased to an average of 2.6M hours at the beginning of 2020.
Since early March of 2020, we’ve seen a year over year increase of 120%. The average weekly hours watched increased drastically from 2.6M to 4.6M — peaking at 5.7M during the week of April 27th.
This increase means that people are watching more video content on our platform than ever before.
Additionally, before March of 2020, Wistia saw a 31% increase in weekly video plays from 2019 to 2020. This represents the number of times a video was played in a given week.
The number of average weekly video plays was 1.6M at the beginning of 2019, which increased to 2.1M at the beginning of 2020.
Since early March, that number has increased by 65% compared to the same time last year. This means that viewers are actively engaging with video content at a much higher rate than they were before the pandemic.
This increase in engagement has created a huge opportunity for SMBs to connect with consumers through well-marketed content. How can you engage your audience with video? From video voicemails for personalized sales outreach to teaser videos on social media — the options are only limited to your imagination. If you’re looking for where to get started, check out these 15 business video examples for inspiration.
Many organizations and industries have pivoted to relying heavily on video for communication and other essential business functions, which has leveled the playing field for SMBs.
Quarantine and work-from-home mandates have forced marketers and non-marketers alike to become creators and embrace constraints to produce great work — and many have realized that you don’t need a professional set up to produce high-quality video and audio content. Just look at Saturday Night Live — a highly planned and produced comedy show that pivoted to creating the entire weekly show from home.
Businesses have embraced these challenges with video content from home, conveying a level of authenticity that’s been quite welcomed. This trend of making video more accessible has led to an increase in the total volume of video uploaded to Wistia.
Before March of 2020, Wistia saw a 42% increase in weekly video uploads from 2019 to 2020. This number averaged 121K at the beginning of 2019 and increased to 172K at the beginning of 2020.
Since early March, the year over year increase has jumped to 120%. We’re now seeing an average of 280K videos uploaded to Wistia each week.
If you’ve been considering dipping your toes into the video waters, there’s no time like the present. Check out our free Beginner’s Guide to Video Production series to get started.
Small business leaders are some of the savviest and most resourceful leaders out there. When an opportunity comes knocking, they answer the door.
Before March of 2020, Wistia saw a 17% increase in weekly account creations from 2019 to 2020. This number averaged 2.9K at the beginning of 2019 and increased to 3.4K at the beginning of 2020.
Since early March, the year over year increase has jumped to 85%. We’re now seeing an average of 5K Wistia accounts created each week.
When signing up for Wistia’s services, a majority of small business leaders have noted they have more of a need to store and share videos since the pandemic began. These types of customers tend to be starting their video marketing program from scratch, recognizing that every business moving forward will have some aspect of digital engagement.
For example, SMBs can now host well-produced virtual events that are much more affordable and easy to execute compared to a live, in-person event. From small-scale webinars to large-scale conferences, we’ve seen the full spectrum of virtual events.
In addition to events, many companies are getting creative with how they reach their audiences. We’ve seen an uptick in sales teams using video as an outreach and communications tool versus in-person meetings. We’ve also seen creators of all kinds — school teachers, exercise instructors, entertainers, and more adopt a video-first strategy.
Creativity doesn’t stop just because marketers are working from home. As we create a new future, brands are in a position to reach their audiences in new and authentic ways.
Our data confirms that marketers are working harder than ever to create content that is appealing to their consumers–meeting them where they are through well-executed video content.