Video Commerce Summit: Using Video as the Fuel in Your Social Media strategy, Jimmy Healey, Onlineshoes.com

June 2nd, 2009 Posted in video commerce, video commerce summit by Xavier Casanova

Using Video as the Fuel in Your Social Media strategy
Jimmy Healey, Onlineshoes.com

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Onlineshoes.com Seattle-based online retailer - one of the first brick-and-mortar business to go online mid-90’s.
- Online, trying to recreate the traditional experience, online
- Video seeing as the way to bridge between brick-and-mortar and online shopping experience
- Convinced of the value of video, question was about how to start and how to convince the team to do it

Why social media/video?
In this tough economy seeing erosion of other marketing channels, getting more and more expensive to do marketing, like SEM for instance. Sometimes even competing with manufacturers. Margins keep getting squeezed.
- Even channels like email threatened. 3-5 years from now, will people check emails as much (vs MySpace, Facebook)?
- Is how our business is going to be viable in 3-5 years? Social media seen as the long term strategy. Video as acquisition tool (posted on Facebook, Twitter), as conversion tool (Video on site)

History

- Initially started 1.5 years ago as a one-man-show, leveraging past sales experience/athlete runner. Put it on video site onlineshoes.tv

- Now on product pages, carefully picking the products that were revenue and traffic driver for the side. Example Asics GT2140 http://www.onlineshoes.com/productpage.asp?gen=w&pcid=130271 Notice the type of video that’s essentially an animation with photos, audio - because there is limited type to produce. Currently we can produce 300 videos/year.

- Importance of a good call to action on product pages. Went from 0.5% of click-through rates on video (product page) to 5%. Trying to get it be higher. Significant Average order size and conversion rate for people who saw the video.

Question: are you measuring returns? Answer: we’re not in the context of video.

- Point about proving ROI, paying for production and video platform with co-op dollars. Charging manufacturers for shooting the video and playing it

Question: is the appetite higher internally for doing a “viral” video project? Answer: example of Green Day project internally:
- wanted to do a quick video
- asked everybody internally about tips
- within 2H, video was produced, ready to go live next day
link: http://onlineshoes.tv/p/158/12-ways-to-stay-green-in-your-everyday-life/

On contests. Examples
“How do you Dansko” 13,000 views 257 comments, 50 words average comment length
Merill post, 140 comments, 60 words average
- Easy to put in place, gets a ton of UGC
- Following on contests, you can use as ideas for create a spontaneous videos. Example Dansko (using family/friends) http://onlineshoes.tv/p/118/what-does-dansko-mean-to-you/



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