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MGT 6311 Final Exam (Latest 2022/2023)

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MGT 6311 Final Exam (Latest 2022/2023)

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MGT 6311 - Final Exam

1. Youtube Stats: - First video aired on 4/23/05
- over 1 billion unique visitors/month, 6 billion hours of videos/month
- 25% of views come from mobile devices
- Second largest search engine behind Google
- 17% of all internet traffic
- 56% of vides are <2mins

2. Most common videos: - Explainers
- Product Demos
- How-Tos
- Testimonials

3. Video Stats: >4/5 Twitter users watch video content on
Twitter 10billion videos/day are watched on Snapchat
500million people/day watch videos on Facebook


85% of videos watched on Facebook are watched without sound

4. Video Views: A video is considered a view on Facebook if it runs for
at least 3 seconds

5.Impact on Video on email: Including video in email increase consumer
engage- ment and has an overall positive impact on the channel


The word "video" in email subject line

1/

,- increases open rates by ~20%
- increases CTRs by ~65%
- reduces unsubscribes by 26%


A video included in the email increases CTR by 200-300%

6. Impact of Video on Websites: Video has a roughly 100% increase in
conver- sion rates

7. Online Video Stats: - online videos will account for 80% of all
consumer web traffic by 2020


- 83% of consumers indicate they're willing to share videos they
like with their friends and peers


- 85% of the US internet audience watches videos online.




2/

,8. Business goals for using online video: - Communication
- Sales
- Lead Generation
- Customer Service
- Promotion

9. Customer preference/behaviors: - 2/3 consumers prefer watching
explainer videos


- 3/4 millennials say video helps them in comparison shopping


- 40% of consumers say videos increases the chance of purchasing
a product through their mobile devices


- 69% of users prefer to watch a video to learn a product/service than
reading about it

10.Video Content Tips: - Capture attention early


- Shorter is typically better (30secs - 2mins)


- Keep it casual


- Maintain relevance

11.Onsite Video: Onsite videos are a use of videos on an organizations
website


3/

, 12.Online Video: Online videos are videos residing on a third-party site
such as YouTube

13.Benefits of Onsite Video: - Make Website Stickier: makes customers
spend more time on our site


- Capture Customer/Prospect Attention: help pull the customer
deeper into the buyer journey


- Create Buzz: create new awareness and interest via viral advocacy


- Disseminate Information More Clearly: easier for a customer to see a
product in action


- Build product/service interest: Seeing and hearing a person talk can
be a more engaging process




4/

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