This commentary, written by Indiana Chamber VP Rebecca Patrick, originally appeared on Inside INdiana Business.
If a picture is worth a thousand words, exactly what is a video worth? That’s a question more and more organizations have been asking in the last few years.
We’ve all seen something “go viral” on YouTube and make its way around social media and even the traditional news. And the frequency of business emails with video content continues to rise – and with good reason: Consumer surveys reveal those emails are noticeably more effective.
The list goes on and on about the emergence and power of video messaging, whether it’s used for external marketing or rallying the troops inside your company. The population in general – thanks to continued technology advances – is increasingly more visual in how it wants to receive information.
In 2014, the Indiana Chamber opted to devote space in its office to a video studio. We built it with three types of communications in mind: 1) messages to our 17,000 members and investors; 2) public policy advocacy to a broad, public audience and 3) media-ready footage.
The studio was possible for us – and for other businesses our size – because the equipment prices have come down to meet the demands of the masses who want to film videos for webcasts and more. So a suitable video camera, lighting equipment, teleprompter and accessories for our studio were quite affordable.
But before we made that leap, we did our homework. We talked to member companies in the communications/marketing field and to videographers to make sure our studio would be capable of doing what we wanted.
Over the last 18 months, the Indiana Chamber has produced more than 50 videos – ranging from legislative calls to action and television commentaries to event promotions and membership testimonials.
Tom Easterday, our current chairman of the board of directors who is executive vice president at Subaru of Indiana Automotive Inc. in Lafayette, believes video messaging is “effective for communicating with a lot of different generations; it can be used as part of social media, as part of your web site and direct communication.”
At Subaru, Easterday films various videos – many for internal use.
“Frequently we will have messages we will need to get out to our associates before it breaks in the press or before the rumor mill starts. We’ve found that having our own in-house closed-circuit television system and utilizing video allows us to get the same message out to all of our associates at the same time. It’s a very valuable communications tool in that regard,” he explains.
“It helps us be more effective in getting associates to understand what is happening, and gets their buy-in and cooperation regarding whatever the next move is we need to make as a company… It’s a very clear message instead of hearing it second or third hand, or via written communication, which may or may not be read.”
Subaru has also used video to maximize the time of its dealers and suppliers. The company produced a five-minute video introduction on the plant when dealers from across the United States were arriving with limited time on their hands. A virtual tour of the facility is also available on the company web site.
Easterday says videos are a welcome option for material that is “very difficult to put into print or would be tedious to read on a web site.”
He also encourages companies to not dismiss video production out of concern over price.
“There are a lot of companies out there that do them so you can shop around, or we have our own internal videographer. That can definitely cut the cost down,” Easterday shares. “But if you shop around and ask the communications companies to provide you samples of their work, they will do that.”