The comparative numbers speak for themselves. These are courtesy of Femtrepreneur:
But webinars can convert participants into buyers at 10 – 20% and up, in any industry.
And your audience doesn’t need to be massive – webinars work well for small groups, even for around 30 or so people. Jenna Soard from YouCanBrand.com, made $17K from one webinar which only hosted 100 people.
To boot, the product that was being promoted cost $997, a sum that would usually be too expensive for people to make an on-the-spot decision to buy…
Webinars are a powerful sales tactic, no matter the industry or size. This article provides a short guideline about how to use them to boost sales.
Before we get into details, you may be wondering what is a live webinar…
Using meeting software, a live webinar is a seminar that is hosted over the Internet. Anyone anywhere in the world can participate if they have a computer or even mobile phone with an internet connection.
Meeting software enables hosts to give online presentations by:
Image Credit: Clickmeeting
An example of a meeting software whiteboard.
While the offline sales meeting allows people to interact face-to-face, webinars connect people digitally.
It is just about impossible to make a first-time sale to a person who visits your website for the first time. In fact, according to HubSpot, 96% of first time visitors will not be ready to buy.
The theory behind that is due to trust, and where these visitors are in the sales funnel process.
Essentially, the overall idea is that because there are so many scams online, if you’re not a well-know business already, you’re going to need to earn the trust of people before they buy from you. This is why webinars are powerful – they’re the closest thing to face-to-face interaction in the digital sphere.
Because registrants can see the host, and experience their knowledge, your business becomes “real” to them. If your message adds value, and they can see the worth of what you’re offering, its going to be easier to make that sale than on social media, your website, or any other mechanism.
Putting yourself in the shoes of your buyer persona, map out the process and the marketing of your webinar. Since you are holding a live webinar with the intention of making sales, you’re going to want to make sure conversions from registrant to buyer are as high as possible.
Use these guidelines when building your process:
Webinars, when done properly, are a powerful way to generate more sales.
They work well because they help people to trust you faster, and anyone in the world can attend.
To get good results though, the webinar needs to be promoted and the process well thought out.