There’s a reason why video agencies are in demand today. Video marketing is currently one of the best strategies out there to make a business successful and well known, thanks to the power of the Internet and social media networks such as Facebook and Youtube.

Today, I just want to share with you several fun facts about video marketing. Are you ready to learn? Then read below:

• The first-ever viral video on the internet was The Spirit of Christmas 1995
• The first-ever video-sharing site was developed by Chase Norlin in 1997. The name of the website was ShareYourWorld.com
• Vimeo was officially launched on the internet in 2004. A year later, in February 2005, YouTube was also launched.
• Gang Style by Korean singer, PSY, was the first video on YouTube that reached a billion views. This was in 2012.
• Statistics in the US revealed that men are more likely to spend 44% more time watching videos on YouTube than women.
• YouTube is the highest Video provider garnering 182.2 million unique views per month. No wonder, 72% of marketers choose them for video ads.
• The average time spent by adults (in the USA alone) watching online videos from 2011 to 2015 has increased to a whopping 195%
• Facebook has revealed that by 2018, its content will be 90% video-based.
• From 2015 t0 2017, companies have increased their video ad spending by 67%
• 70% of ad agencies in the US believe that video ads are more effective than ads on TV.
• 70% of YouTube views are done on mobile devices.
• 15 Second Ads are considered the best choice for established brands. It has a 54% Ad recall factor.
• 14% of retail sales on the internet are influenced by videos
• 73% of customers are more likely to make a purchase after watching a video ad.
• Amazon spends $3 billion on video content alone.

Amazing, right?