Nearly three-quarters of consumers (73%) say they are more likely to purchase after watching videos explaining a product or service, according to a recent report from Animoto.

The survey of 1,014 US consumers also found that nearly all respondents (96%) say they find videos "helpful" when making purchase decisions online.

In particular, 93% find online videos useful when comparison-shopping, 87% find them helpful for researching additional items from the same brand, and 93% find them valuable for instructions post-purchase.

Below, additional key findings from the report.

Brand Engagement 

• 71% of respondents say watching video content produced by businesses leaves them with a positive impression of those brands.
• 64% find it helpful to watch videos to learn more about a company they may purchase from.
• 58% consider companies that produce video content to be more trustworthy.

Video Preferences

• 83% respondents say the ideal length of a video to inform a purchase decision is five minutes or less.
• 42% would like to see more product description or service demonstration videos, such as 360 degree views of products.

For more results from the survey, check out the following infographic:

About the research: The report was based on data from an online survey of 1,014 US adults conducted between December 26-30, 2013.