Brad Jefferson says, “Marketers want to reach Generation Y, and for a good reason. This demographic, born between 1980 and 2000 and now known as “millennials,” will collectively spend more than $200 billion annually beginning in 2017, which comes out to $10 trillion over the course of their lifetimes.

How can businesses connect with this purchasing powerhouse? Millennials aren’t as responsive to the TV commercials and print advertisements that worked for older generations. Instead, they want engagement. The good news is that they’re highly engaged with video. Here are three reasons why incorporating video into your marketing strategy will help you reach millennials.

1. Move millennials through the purchase process

Today, millennials consume video for more than just entertainment. They use video to learn about companies and make purchase decisions. According to a recent consumer study byAnimoto, eight out of ten millennials find video helpful when researching a product or service. In fact, they’re 85% more likely than baby boomers to purchase a product or service if they can watch a video explaining it beforehand”.

Why video marketing is one of the most effective ways to reach millennials

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