We already know that video marketing is a powerhouse in the digital advertising space, and for franchising businesses engaged in franchise marketing, it holds even greater significance. As we speak, competition grows fierce every day and attention spans are shrinking, video marketing offers a dynamic and engaging way to connect with potential customers. Through compelling visuals, storytelling, and information dissemination, marketing your franchising business using video content can greatly impact your business.
For the uninitiated and for those who are planning to jump on franchising a business, this is for you as well. At this time, what is a franchise business and the marketing strategy it entails, particularly focusing on digital marketing strategy?
A franchising business in simpler terms, is like a partnership between two parties: the company that owns the business concept, and the individual who wants to run a business using the concept of the business ownerโs brand, and support. As a franchise business owner, expanding your venture likely tops your to-do list. The primary objective of each โfranchisorโ is to promote its brand and its offerings to potential โfranchiseesโ. Additionally, the strategies involved include, but are not limited to, generating leads, increasing sales, boosting brand visibility, and ultimately driving revenue growth for both the โfranchisorโ and โfranchiseesโ.
Ideally, the marketing strategies should encompass various tactics, including advertising, public relations, social media marketing, email marketing, content marketing, and local marketing efforts. All of these should create a balance for consistent brand messaging across all mediums and fortunately, it’s also the best way to incorporate video marketing!
Benefits of Running a Video Marketing Campaign For Your Franchising Business
Indeed, when it comes to franchise sales, video marketing is a potent yet often underutilized tool. Contrary to popular belief, creating compelling videos doesnโt really demand a big budget; weโre here to debunk that myth and demonstrate why itโs worth investing in videos for franchise advertising.
Video marketing possesses a unique ability to convey emotion, authenticity, and personality that other mediums often canโt match:
Engagement
Firstly, videos combine visual and audio elements, creating a more immersive and entertaining experience compared to written content alone. For example, a franchise business can produce videos showcasing their success stories, introducing their team, or demonstrating their product or service, resulting in holding the audienceโs attention and increasing their likelihood of becoming franchisees.
Content ideas:
- Product demo
- Success stories
- Team introductions
Storytelling
With proper and well-crafted scriptwriting, a video can truly take your viewers on a journey, forging emotional connections and inspiring actions. An excellent example of content is by sharing the journey of successful franchisees or the brandโs origin story, a franchise business can connect with would-be franchisees on a deeper, emotional level, making them more likely to invest in the franchise opportunity.
Content ideas:
- Brand Origin Story
- Franchisee Success Stories
Trust Building
Trust is a critical factor in the success of every franchise business. Obviously, when a video is made with pure intentions and aligns with your companyโs goals, it can make the brand feel real, fostering a connection with your audience. Genuine testimonials, behind-the-scenes looks, or interviews with key figures in the franchise can make it feel trustworthy. Above all, when authenticity is established, it instills confidence in the franchiseโs potential.
Content ideas:
- Testimonial videos
- Behind-the-scenes
- Interviews (key figures, franchisees, etc.)
Versatility
A single video or its segments can serve multiple purposes, from social media advertising to franchise expos and sales pitches. As a bonus, short-form content can be extracted from the video itself and be repurposed to be posted strategically across all social media platforms!
The capacity of video marketing to engage, tell stories, and build trust to various marketing channels makes it a must-have for franchise owners looking to thrive and expand. Besides, this not only sets them apart in a crowded market but also establishes a connection with potential franchisees, a crucial part of franchise development.
Video Strategy For Your Franchising Business
At this stage, youโre probably sold on the idea of incorporating video elements for your current marketing strategy and want to give it a shot. Furthermore, before filming, always keep these insights in mind to help you maintain a steady course towards effective video content.
1. Define Your Goals
Firstly, clearly establish your objectives when creating video content. Are you looking to attract franchisees? No problem. Secondly, start filming about your services and how they are better than your competitors. Knowing your goals will shape the content and messaging of your videos.
2. Know Your Audience
Understand your target audience – whether itโs potential franchisees, customers, or both. Tailor your video content to address their needs, pain points, and interests. Remember, there’s a fitting solution for everyone, and a video that resonates with your target market is more likely to drive engagement and conversions.
3. Craft Compelling Stories
As mentioned, storytelling is a powerful tool. Use narratives to convey the unique selling points of your franchise, the success stories of your franchisees, or the journey of your brand. Compelling stories make your content relatable and memorable.
4. Keep it Concise and Engaging
Keeping your video content straight-to-the-point creates a โhookโ to keep your viewers engaged. Use high-quality visuals, graphics, and animations to make your videos appealing and informative.
5. Call to Action (CTA)
Every video should include a clear and compelling call to action. Whether itโs inviting viewers to contact you for franchise opportunities, visit your website, or make an inquiry, a well-crafted CTA directs your audience toward the desired action.
6. Optimize Local SEO
Given that franchising often targets specific locations, it’s important to adapt your video marketing SEO to focus on these areas. If for example, you want a franchisee at a location that offers high-foot traffic with potential high purchasing power, then it makes sense to localize your video marketing SEO to hyper-target this audience. When creating a video, always plan ahead of what keywords you want to include on your copywriting relevant to the desired locale.
By following these tips, and focusing on video production, you can produce effective video content that resonates with your target audience, strengthens your franchise brand, and drives results.
Future-proof Your Franchising Business with Video Marketing
Video is the future and itโs not just a passing fad, itโs here to stay. To further strengthen your video marketing efforts, here are the two key points to ensure you stay on track while hitting your numbers!
1. Research, Assess, and Analyze
Continual research, assessment, and analysis are key. This involves staying updated through industry sources, webinars, conferences, and networking to identify emerging trends that may enhance franchise engagements. When you launch a video marketing campaign, also be evaluating! Measure performance metrics, like engagement, view counts and reach to enhance ROI. Every social media platform has a built-in insights tool for you to follow and itโs important you capitalize on it.
Moreover, your franchising business may assess video engagement metrics on social platforms to determine which types of content resonate most with your audience, leading to more refined and successful video strategies.
2. Embrace New Technology Trends
Like the popular adage, โthe secret to getting ahead is getting started.โ Clearly when a new or emerging tech comes up, itโs vital to stay informed about these advancements and try to incorporate them into your video marketing strategy.
Take a look at virtual events. With the shift to remote work and online interactions, virtual events have gained momentum. Franchise businesses can leverage virtual events to host and connect with potential franchisees, showcase their offerings, and expand their network. Furthermore, it is incredibly effective due to the convenience it provides without having to suffer and worry about logistics.
Indeed product demos and Interactive talks are also another effective way to market your franchising business. One great example for this is utilizing video streaming to provide real-time engagement with your audience and answer questions on the spot, and generate โorganicโ interaction.
Conclusion
Video marketing is a formidable force to be reckoned with for franchising businesses, offering dynamic engagement and storytelling capabilities that build trust and offer unmatched versatility. It is essential for every franchise owner seeking growth and success.
To simplify this journey, consider hiring us at Socialize Video. Weโll help you navigate the ever-evolving digital landscape. We have a team of dedicated experts that covers all aspects of video creation, from scripts and creative direction to photography and cinematography; no stone is left unturned.
Finally, take a leap into the future of marketing. Utilize videos to increase connections, share unique brand narrative and solidify your brand through strategic franchise marketing. Staying agile and dynamic gets you ahead! Your video marketing journey has just begun and letโs propel your business to the forefront of the market.