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Financial Video Solutions Available Now

Our Video Solution gives you another option to communicate with the customer, and can even improve the efficiency of many of your existing communication channels.

Online Financial Video Solutions

Solutions Offered:

  • Video offering – turnkey (fully managed)
  • Custom video production
  • Multi lingual
  • Video distribution and syndication
  • Social media advisory

 

Industries Served:

  • Mortgage Lending, including prepurchase and reverse mortgage counseling
  • Mortgage Servicing, including foreclosure prevention, modification
  • Credit counseling
  • Bankruptcy
  • Money management
  • Debt management
  • Insurance

Read below for specific examples of how this solution enhances your communication with your customer 

 

Communication
Channel
Improved with
Online Video
Implementation
Options
the internet WEB SITE
The internet can provide a very robust interaction with consumers.  But the challenge is providing the user with content that engages and retains their interest.
Video dramatically improves the internet experience.  Over 75% of internet users already watch online video, consuming over 8 minutes of video in a single session.
  • Install the video player on your web site – small amount of code to implement – and begin to immediately offer professional video.
  • The customer can be encouraged to REACT to the video, completing a series of educational videos, and even receive a certificate of completion. 
  • Individual videos can be used to support specific web content, enhancing the customers understanding.
  • Video can link back to other documents or forms on the web site.
call center CALL CENTER
In this environment, a call center to deal with customers in crisis can present a significant challenge.  It can be hard to staff, difficult to train, and deliver inconsistent results.
Video enhances the call center by delivering a consistent message to customers on the web, as well as providing the call center agents an opportunity to direct the customer to the video education series.   This increases your pull through and lowers your costs.
  • Send customer a customized link to a video tutorial to get them started – this will increase the response rate, and decrease talk time.
  • Prompt “customers on hold” to visit video tutorial, which should make existing agents more efficient.
  • Encourage customer to share the video with family members or financial advisors.    
  • Videos can be produced in multiple languages, improving your ability to communicate with customer.
direct mail DIRECT MAIL
Sending documents and material to the customer is typically a step in the process of communicating with the customer, but you cant be sure if they read it, understand it, and even respond to it.

Video enhances your direct mail efforts by allowing you to direct customers back online for an education session.  Video allows you to hear it, see it, read it AND react in a single session.

Use of video may reduce the amount of documentation sent, saving time and money. 
  • Include link directly in mail to video education series.
  • Use the videos to supplement the “dense documentation” that customers often receive.
  • Stress that the video series is confidential and available all day, every day, no waiting.
  • Include pictures or images from video, to make marketing pieces more robust.
counseling COUNSELING
An in-person counseling session can be the most valuable interaction for a consumer who is prepared to engage in it.

Video can enhance the counseling session by providing education in advance of meeting with the counselor.  In many cases, the video education may be able to replace the educational requirement of the mortgage workout program.

  • Counselors send the video link to the customer.
  • Counselors can view the video WITH the customer, often having the video deliver tough news.
  • Counselors can use the video as a training tool to reinforce their own understanding of the subject matter.
public awareness PUBLIC RELATIONS AND MARKETING
How often are you able to deliver the newest technology, the newest solutions in an innovative way, and prove your commitment to your customers?  

Online video is a web2.0 solution that has proven to be popular with customers.  This will provide evidence of your commitment to using ALL the possible tools to help consumers in crisis. 

  • Create press releases regarding use of WEB2.0 tools to demonstrate your commitment.
  • Use success stories to reinforce your commitment to customers.
  • Be positioned as an innovator

In The News

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Mortgage Foreclosure Prevention -
Case Study

In 2009, Homeownership Preservation Foundation launched the FLS video solution. It’s being used over 25,000 times per month, supporting outreach and education to consumers on the 995hope.org website. The solution provides videos about the government’s Making Home Affordable program, including modification options and foreclosure prevention.

> More on Mortgage Foreclosure Prevention