Understanding Your Explainer Video Statistics

Understanding Your Explainer Video Statistics

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Explainer Video Statistics Video Transcript

This is The Video Igniter Show where we teach you how you can use videos to improve your business. In this episode, you will learn how to look your explainer video statistics to see if people are engaged or if they click away too soon.

Why Your Explainer Video Statistics Matter

In this episode of The Video Igniter Show I’m going to teach you how to view your animated explainer video statistics. Knowing how to interpret & analyze that data will enable you to then improve the effectiveness and conversion rate of your videos.

Animated Video Statistics

Free Stats And Analytics For Your Animated Explainer Video

There are many different services out there you can use to host your videos that provide stats and analytics. This enables you to see how people are consuming your online videos. We’ve been using Wistia for over a decade. You can j using them for hosting and analytics because they have a free hosting plan available.

Understanding Your Animated Explainer Video Analytics

Services like Google Analytics and Wistia let you see your animated video analytics for free.

 

Understanding The Introduction Of Your Video

Here’s a video we already published that’s been online for a while now. It’s been seen by hundreds of people already which so there is enough data to show an average viewing pattern for the video. The first thing I look at is the play rate. That’s the percentage of people who arrive on my landing page and actually click play on the video. If your number is low, consider creating a different thumbnail that will encourage more people to click play on the video.

For B2B videos, it makes sense to use the thumbnail to explain what value and benefit the viewer will get if they take the time to watch your video.

Explainer Video Statistics

In the first 3-10 seconds of your explainer video statistics, you don’t want to see a huge immediate drop off.

The next thing I look at on the video’s analytics are the first three to ten seconds of the video. After people click play, are they sticking around to watch the rest of your video? Or is there a sharp drop off? Some amount of drop off is to be expected. However, if you notice a sharp drop off, consider changing the introduction of your video so that it’s more clear so that it hooks the viewer. You want to ensure they understand they will receive some value relevant to them if they keep watching the video.

Getting in touch with your video producer to whip up a new intro for your video is probably going to be expensive after you’ve already wrapped up production – so it makes sense to film a few alternate intros to your video when it’s being produced.

Improve Your Animated Video's Conversion Rate Video Igniter Animation

Checking For Abnormal Patterns

After the intro, I like to scan through the video to see if there are any abnormal patterns. Sharp drop offs usually mean the message is irrelevant to the viewer or the idea is presented at the wrong time. For example, it doesn’t always make sense to bring up your pricing in your main marketing video when you’re still in the early phases of educating your viewer.

Another pattern to look out for are places where people are going back and rewatching your video.

rewatching explainer video statistics

Review your explainer video analytics to see if there are sections where people go back to rewatch parts of your video.

Either that section is very compelling and worth revisiting… Or it’s unclear to your viewers what’s happening in that part. Which is why they have to go back and rewatch it again. Either way, you’ll need to do a little creative interpreting to determine if that section is effective… Or if you should change it… Or if you should remove it entirely from the video.

Does Your Video Have A Strong Ending?

The last thing I look at when analyzing a video’s viewing pattern is to see what people are doing at the end of the video. Hopefully most people are making it all the way to the end of your video. And if they do, are they taking action? And can you actually measure and track this action? Wistia, for example shows these little dots when someone clicks on the last scene of my video to take them towards the next action step… Like signing up or downloading an app. This is great and we want to optimize more of this kind of action in our marketing funnel.

That’s all for this episode, thank you for watching. If you want to support the show, share it with someone who will find this useful. Also, don’t forget to subscribe on YouTube for more video marketing tips.

Key Metrics to Track for Explainer Video Success

When it comes to tracking the success of your explainer video, focusing on specific metrics is crucial for gauging viewer engagement and improving your content over time. Here are the key performance indicators (KPIs) to monitor:

1. Play Rate: A Vital Starting Point

Explainer Video Statistics Play Rate

The play rate measures how many visitors clicked on your video after landing on your page. A low play rate suggests that your thumbnail, title, or video description may not be compelling enough. Consider testing different thumbnails or copywriting strategies to attract more clicks.

2. Engagement Rate: Are Viewers Watching the Full Video?

Engagement rate refers to the percentage of viewers who stay throughout the video. Pay close attention to where viewers drop off and tweak your content to retain their interest. High engagement signals that your explainer video is successfully communicating its message.

3. Drop-Off Points: Understanding Where You Lose Viewers

Explainer Video Statistics Drop Off Points

Tracking drop-off points is essential for understanding which sections of your video lose the most viewers. If the audience is dropping off significantly after the intro, you may need to revise your opening to hook viewers right away. On the other hand, a drop-off at the middle could indicate that the video is too long or loses focus.

4. Rewatch Rate: What Do Viewers Find Interesting?

A higher rewatch rate can signify that a particular section of your video is engaging or complex, prompting viewers to watch it again. Use this data to identify your video’s strongest points and areas that may need clarification or additional emphasis.

How Video Analytics Can Drive Your Marketing Strategy

Explainer Video Statistics Analytics

By analyzing your explainer video statistics, you can identify trends and patterns that allow you to optimize your video for higher conversion rates. For example, understanding where your audience drops off helps refine the content, pacing, or call to action. Implementing these insights ensures your explainer video not only attracts viewers but also motivates them to take action, whether that’s signing up for a newsletter or purchasing a product.

Improve Conversion Rates with Data-Driven Insights

Improve Conversion Rates with Data-Driven Insights

The ultimate goal of any explainer video is to convert viewers into customers. Tracking the conversion rate – the percentage of viewers who complete your desired action after watching the video – is crucial. This could mean downloading an ebook, subscribing to a service, or making a purchase.

By testing different calls to action at the end of your video and tweaking messaging throughout, you can increase the likelihood of achieving a higher conversion rate. For instance, including a limited-time offer or a strong call to action like “Click to Learn More” or “Get Started Now” may encourage more viewers to take immediate action.

Want Help To Improve Your Video Conversion Rates?

Improve Your Video Conversion Rates

Video Igniter’s video promotion team can help you develop and refine your explainer video to improve its conversion rate over time. Send us a message or schedule a call to speak with our team about improving your video’s effectivness.

What is Video Igniter Animation?

Check out our animated video portfolio to see our latest and greatest creations.

 

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Explainer Video Statistics Resources

Explainer Video Statistics Resources

Looking for extra help create an explainer video or get the most out of your existing video? Check out these free resources:

6 Ways To Get High Viewer Engagement For Your Animated Videos

Add Animated Infographic Video Content To Increase Engagement

How To Create A Homepage Video That Generates Leads For Your Company

What Explainer Video Services Does Video Igniter Offer?