PLANning A ROI FOR VIDEO PRODUCTION SERVICES


When planning for return on investment (ROI), several key factors need consideration to ensure strategic decision-making and maximize the effectiveness of investments.


Define clear and specific objectives for your investments. Whether it's increasing sales, improving brand awareness, or enhancing customer engagement, having well-defined goals allows you to measure and evaluate the success of your efforts.



If soliciting your product and/or service to increase sales, you may need to focus of catchy marketing tactics that resonate with you viewers and make them want to spread the word to other people that they may know. A very good read on this topic is “Contagious by Jonah Berger."


Here are some insightful considerations of a ROI from professional videography investments:

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1.Building an Email List


As a business owner, building an email list offers numerous benefits that can contribute to the growth and success of your venture. Email provides a direct and personalized communication channel with your audience. Unlike social media platforms or other marketing channels, emails land directly in your subscribers' inboxes, allowing you to deliver targeted messages and promotions directly to them.


Email marketing has been proven to drive higher conversion rates compared to other marketing channels. By nurturing your email subscribers with valuable content, promotions, and offers, you can encourage them to take desired actions such as making a purchase, signing up for a webinar, or downloading a resource.


It's also one of the most cost-effective marketing strategies available to businesses. The overhead costs associated with sending emails are relatively low compared to traditional advertising methods, making it accessible for businesses of all sizes.



When creating videos to solicit email addresses, focus on providing valuable content that addresses your audience's pain points or offers solutions to their challenges. Use the video to showcase the benefits of subscribing to your email list, such as exclusive tips, resources, or discounts. Ensure that the call to action (CTA) is clear and compelling, motivating viewers to take action and provide their email address.

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2.Increasing sales


Increasing sales is a primary objective for business owners, and achieving this goal brings forth several significant benefits. The most apparent benefit of increasing sales is the growth in revenue. Higher sales volumes translate directly into increased income for the business, providing financial resources for expansion, investment, and further development.


Successful sales growth is often indicative of a strong brand reputation and customer satisfaction. Positive word-of-mouth recommendations and customer testimonials resulting from increased sales can further enhance the brand's credibility and attract new customers.


By focusing on sales growth strategies and continuously striving to meet customer needs and expectations, business owners can unlock these benefits and drive long-term success.



To effectively promote products or services through video, employ catchy marketing tactics that resonate with your audience's interests and preferences. Highlight the unique selling points and benefits of your offerings in an engaging and memorable way. Incorporate storytelling elements that evoke emotion and drive viewers to share the video with their networks, leveraging the power of word-of-mouth marketing.

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3.Creating Brand Awareness


Creating brand awareness is essential for business owners as it fosters increased visibility, trust, loyalty, and profitability, while also providing a competitive advantage and opportunities for growth and expansion. By investing in brand building efforts, businesses can position themselves for long-term success in the marketplace.


A well-established brand inspires trust and credibility among consumers. When people are familiar with your brand and perceive it positively, they are more likely to believe in the quality and reliability of your products or services.


When using video to create brand awareness, focus on capturing the essence and personality of your brand. Tell your brand story in a creative and authentic manner that resonates with your target audience. Showcase your brand values, mission, and unique selling proposition to differentiate yourself from competitors. Consider incorporating elements of entertainment or humor to make the video memorable and shareable.

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4.The intangibles


While return on investment (ROI) typically refers to financial gains, there are several other returns or benefits that business owners may consider when evaluating investments:


  1. Brand Equity: Investments in branding, marketing, and customer experience initiatives can enhance brand equity, which represents the intangible value associated with a brand. A strong brand can command higher prices, attract top talent, and generate customer loyalty, ultimately contributing to long-term profitability and sustainability.
  2. Customer Lifetime Value (CLV): By focusing on acquiring and retaining high-value customers, businesses can increase customer lifetime value—the total revenue generated from a customer over their entire relationship with the company. Investments in customer satisfaction, loyalty programs, and personalized marketing can boost CLV and drive sustainable growth.
  3. Market Share: Investments in market expansion, product innovation, and competitive positioning can lead to gains in market share—the portion of total sales within a specific industry or market segment. Increasing market share can improve economies of scale, bargaining power with suppliers, and overall competitiveness.
  4. Employee Satisfaction and Retention: Investments in employee training, development, and workplace culture can lead to higher levels of employee satisfaction, engagement, and retention. Satisfied and motivated employees are more productive, provide better customer service, and contribute to a positive brand image, ultimately impacting business performance and profitability.
  5. Social and Environmental Impact: Businesses may also consider the social and environmental returns on their investments, such as reducing carbon emissions, promoting sustainable practices, or supporting community initiatives. These investments can enhance brand reputation, attract socially-conscious customers, and contribute to long-term societal well-being.
  6. Operational Efficiency: Investments in technology, process improvement, and supply chain optimization can improve operational efficiency, reduce costs, and increase productivity. Streamlining operations and eliminating inefficiencies can lead to higher profitability and competitiveness in the market.
  7. Risk Mitigation: Some investments may focus on mitigating risks and uncertainties that could impact the business negatively. This could include investments in insurance, cybersecurity, disaster recovery, or diversification of revenue streams to reduce dependence on a single source of income.
  8. Innovation and Adaptability: Investments in research and development, innovation, and market intelligence can enhance a company's ability to adapt to changing market conditions, consumer preferences, and technological advancements. Being proactive and innovative can help businesses stay ahead of the competition and seize new opportunities for growth.
  9. Customer Satisfaction and Advocacy: Investments in customer service, product quality, and brand experience can lead to higher levels of customer satisfaction and advocacy. Satisfied customers are more likely to recommend the business to others, leading to positive word-of-mouth referrals and organic growth.
  10. Strategic Partnerships and Alliances: Investments in strategic partnerships, alliances, and collaborations can create synergies, expand market reach, and unlock new revenue streams. Building relationships with complementary businesses or industry leaders can provide access to new markets, technologies, or distribution channels.



By considering these alternative returns on investment, business owners can make more informed decisions that align with their broader strategic objectives and contribute to sustainable growth and success over the long term.

In conclusion

I hope these tips are helpful when investing in a professional video production. The key is really thinking and planning out the use of these videos to get the most out of your investment. 


As the proprietor of a video production enterprise, my foremost goal is to provide you with services and products tailored to your needs, yielding concrete advantages. I wholeheartedly subscribe to the notion that your prosperity corresponds directly to mine. Whether you helm a small-scale business or hold the reins as a marketing overseer in a Fortune 500 establishment, comprehending the returns on your investment stands paramount in refining your video production selections. Should you seek guidance on packages that harmonize with your existing requisites, feel free to reach out to us at www.blendzmedia.com.