{"id":17365,"date":"2019-06-11T13:02:13","date_gmt":"2019-06-11T13:02:13","guid":{"rendered":"https:\/\/sundaysky.com\/blog\/personalization-video-index-intro\/"},"modified":"2025-02-18T17:39:18","modified_gmt":"2025-02-18T17:39:18","slug":"personalization-video-index-intro","status":"publish","type":"blog","link":"https:\/\/sundaysky.com\/jp\/blog\/personalization-video-index-intro\/","title":{"rendered":"New Consumer Research: Introducing the Personalization x Video Index"},"content":{"rendered":"<p>If you\u2019re a marketer, how well are you personalizing your digital experiences and attaining your video engagement goals? The question is debatable because the answer depends on one\u2019s perspective. A brand may believe it is executing personalization effectively, but in truth, the opinion of the brand\u2019s customers carries greater resonance.<\/p>\n<p>&nbsp;<\/p>\n<p>SundaySky\u2019s new study, the Personalization x Video Index (PVI), quantifies the personalization and video efforts of Fortune 500 companies according to customer feedback, offering key insights into the relationship between personalization, video experiences, customer satisfaction, and customer retention.<\/p>\n<p>&nbsp;<\/p>\n<p>Using criteria from Forrester Research analyst Andrew Hogan\u2019s report <a href=\"https:\/\/www.forrester.com\/report\/Pivot+To+PersonFirst+Personalization\/-\/E-RES135945\" target=\"_blank\" rel=\"noopener noreferrer\">Pivot To Person-First Personalization<\/a> \u2014 that demonstrate personalization efforts are informative, relevant and helpful, and signal customer value \u2014 and SundaySky\u2019s own best practices for video, the PVI identifies the top 60 brands deploying personalization and video across six industry verticals (retail, travel, healthcare, telecommunications, insurance, and financial services). Over a three-month span, customers from these brands, age 18+ and residing in the United States, were asked to rate their overall experience with the brand and evaluate the brand\u2019s attempts at personalization or video on a 0-to-10 scale.<\/p>\n<p>&nbsp;<\/p>\n<h4>Results from the PVI confirm the importance of branded, digital video and personalization.<\/h4>\n<p>The findings indicate each strategy provides value to consumers and improves customer satisfaction, while the convergence of both initiatives \u2014 in the form of personalized video \u2014 lifts consumers\u2019 satisfaction with brand efforts. For instance, more than 70% of the brands that were ranked in the top 10 for either personalization or video by their customers, such as Bank Of America, United Healthcare, Target, and Verizon, use personalized video.<\/p>\n<p>&nbsp;<\/p>\n<h4>Financial services and travel industries ranked the highest, for personalization and video, respectively.<\/h4>\n<p>When measured by industry, the PVI reveals financial services brands scored the highest for personalization, likely due to a seamless personalization of the banking experience for customers across multiple channels. Though, there is a ripe opportunity for financial services and retail banks to add more digital video into their marketing and advertising efforts, as many firms still ignore the effectiveness of the medium. \u201cOnline video can serve digital business strategy professionals by increasing brand awareness, educating customers about products and services, and helping with lead generation, cross-selling, and upselling,\u201d writes Nick Barber, Forrester analyst, in his April 2019 report <a href=\"https:\/\/www.forrester.com\/report\/Financial+Services+Firms+Should+Weave+Online+Video+Into+Every+Customer+Journey\/-\/E-RES129224\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Services Firms Should Weave Online Video Into Every Customer Journey<\/a>. \u201cSpecifically, video can&#8230; encourage customers to buy, \u2026 increase [their] satisfaction, [and] connect with [them] on an emotional level.\u201d<\/p>\n<p>&nbsp;<\/p>\n<blockquote>\n<p>\u201cOnline video can serve digital business strategy professionals by increasing brand awareness, educating customers about products and services, and helping with lead generation, cross-selling, and upselling,\u201d writes Nick Barber, Forrester analyst, in his April 2019 report <a href=\"https:\/\/www.forrester.com\/report\/Financial+Services+Firms+Should+Weave+Online+Video+Into+Every+Customer+Journey\/-\/E-RES129224\" target=\"_blank\" rel=\"noopener noreferrer\">Financial Services Firms Should Weave Online Video Into Every Customer Journey<\/a>. \u201cSpecifically, video can&#8230; encourage customers to buy, \u2026 increase [their] satisfaction, [and] connect with [them] on an emotional level.\u201d<\/p>\n<\/blockquote>\n<p>&nbsp;<\/p>\n<p>Meanwhile, the travel industry rated the highest for video, given the large amount of footage travel brands utilize from destinations, activities, properties and other visual content.<\/p>\n<p>According to SundaySky CEO Jim Dicso, the PVI report confirms the need for brands to find innovative ways of connecting with customers on a one-to-one level. \u201cConsumers have access to unprecedented amounts of information and options, and as new entrants compete for their attention, brands need to compete on a dimension of customer experience where each experience is personal, valuable and emotionally engaging to each person,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SundaySky\u2019s new study, the Personalization x Video Index (PVI), quantifies the personalization and video efforts of Fortune 500 companies according to customer feedback, offering key insights into the relationship between personalization, video experiences, customer satisfaction, and customer retention.<\/p>\n","protected":false},"author":4,"featured_media":19621,"comment_status":"closed","ping_status":"closed","template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","om_disable_all_campaigns":false,"inline_featured_image":false,"footnotes":""},"industry":[],"use_case":[],"blog-topic":[123,125],"class_list":["post-17365","blog","type-blog","status-publish","format-standard","has-post-thumbnail","hentry","blog-topic-personalization","blog-topic-trends-research"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>New Consumer Research: Introducing the Personalization x Video Index | SundaySky<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sundaysky.com\/jp\/blog\/personalization-video-index-intro\/\" \/>\n<meta property=\"og:locale\" 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