Customer success is the key to long term growth and success. According to the Pareto Principle, or 80/20 rule, 80% of your revenue comes from 20% of your most loyal customers.
So how do you make your customers loyal?
According to Neil Patel, customer empowerment is the key to great retention rates. “Every customer you retain saves your business the cost of acquiring a new customer to replace him or her. And acquiring a new customer is five times more expensive than retaining an existing one.”
Video onboarding is a strategy to empower customers to use your product better. Through onboarding you can guide your users to achieve their goals with targeted, inside information.
Video onboarding poses several advantages:
It is no wonder that over ⅓ of customers use video learning libraries to train new customers with flexibility and autonomy. Video provides a low touch, but still face-to-face, way to empower customers help themselves. These videos could include:
Here, you can make how-to videos for important features, and then categorize these videos into relevant folders. A bonus here is that users can subscribe to folders, and be automatically updated each time a new feature video is added to keep up with product examples.
With a low touch model such as this, you will want to be sure to ask questions, such as “was this video helpful?” to ensure that you are providing the correct information to your customers. You can also monitor heatmaps of your videos to see where users are dropping off.
With a video learning series you can drip training content out over time to ensure that your customer is seeing the right content at the right time, and does not have to wade through an ocean of knowledge. Create a composite of micro demos to show users how to get started.
Either create short videos for independent features, or show chapters, so the viewer has autonomy over the learning process.
As you onboard customers, video is powerful tool to engage and communicate. You can introduce yourself, share best practices for their use case, and show them how it is done.
Introduce yourself to establish a personal connection, and then share your screen to give walk through your product. If you use Fullstory, you may want to record yourself over a session of theirs to give them real time feedback on how they are using your product.
If you are repeating a lot of the same content, you may want to merge custom introductions with micro-demos from your video library, to add a touch of personalization to the content.
Continue on to the next article: Expand Accounts with Personalized Videos →
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Introduction to Video Selling
Video to Jumpstart and Accelerate Sales
Expert Video for Selling Tips