How To Make Money Online With Webinars (The Best Online Sales Conversion Tool)

In today’s post I am going to reveal to you how to make money online with webinars and why I believe (and many of other top marketers) webinars are the best online sales conversion tool.

If you are reading this post and don’t know what a webinar is… it is simply an online seminar or presentation to a group of people (your audience,/ target market.). Webinars can be done live or prerecorded and delivered on demand or at allocated times…. More on this in a moment.

But First…

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Why are webinars the best online sales conversion tool?

I am going to explain to you now why webinars are in in my opinion the BEST online sales conversion tool! Ready?

Imagine having a a targeted captive audience that you can:

  • Build instant rapport and interact with
  • Build your credibility and authority and stand out from your competitors
  • Educate
  • Build you brand, and create more exposure for yourself and your business
  • Deliver your marketing and sales message to
  • Drive Leads and Sales
  • Increase conversions 10 times than via a website.
  • Test if there is market for your product or service before creating a product and service.

Well that’s what this online tool or medium known as a webinar can do for you and it the next best thing to presenting face to face, with the advantage that you can connect and present to people from all over the world.

Webinars are an excellent selling platform and they give you the opportunity to sell one to one or to many people who attend your presentation.

Re-purpose Your Webinars From Exposure Leads and Sales

The webinar format is so versatile that it allows you to re-purpose your the content you present in a webinar and turn them into information products, articles, podcasts, blog posts, books, promotional videos, and training modules.

The Power of Automated Webinars

You can record your live presentations, record them and automate them having your webinars available for replays using webinar replay software.

You Can Access A Complimentary Automated Webinar Software Here

This is fantastic leverage for you as you get the opportunity to run your webinars you have already presented 24/7 and if you have more than one webinar presentation it’s even more powerful because it’s like having a sales force bring you in leads and sales on autopilot.

How To Make Money Online With Webinars

how-to-make-money-online-with-webinarsWebinars, as I have already mentioned are a wonderful positioning tool where you can share your knowledge and expertise to your audience. They are a great way to educate and  place you in the minds of your audience.

How To Monetize Your Your Webinars

” A lot of people are doing webinars… only a few know how to monetize them effectively.”

Steven Essa  x10effect.com

I wanted to share with this quote by Steven Essa  who is a leading expert on how to use webinars effectively in your business.

Steven’s quote reigns true in that not many people know how to maximize and monetize their webinars.

I am going now  to share with you some models on how you can make money using webinars:

How To Make Money Online With Webinars (6 Profitable Webinar Business Models)

  1. The Demo Model – Present, demonstrate and sell your product or service on a live webinar.
  2. Info Product Model – Create and sell an information product like a paid training series,  information delivered in a membership site where you can earn recurring monthly income.
  3. List Builder/ Lead Generator Model – Giveaway a valuable webinar you have put together yourself or one where you have interviewed a known expert in your market in exchange for some ones name and email address.
  4. Coaching Model Use your webinars to teach your students in your market by delivering quality content, question and answer sessions to help them learn, achieve and grow.

This model can be in the form of a high end coaching package which can be delivered through a membership site.

I have seen this work in countless industries from business coaching to forex trading and everything in between.

5. Do It For Others Model: There are a lot of people, businesses, speakers, authors that one don’t know how to use webinars and are so busy working in their business that they don’t have the time.

You can offer them a service where you organize, create, promote and even deliver the webinar for a fee or percentage of sales.

6. Joint Venture ModelHere you can find and contact people with databases in your industry and ask them if they want to have a joint venture arrangement where you can present your product or service to them and to their database and agree to split the profits with them.

It’s win win because they get extra revenue and you get to leverage their data base and also profit.

(This strategy works really well if you have a great product and no list or a small list.)

how-to-make-money-online-with-webinars

How To Make Money Online With Webinars ( 6 Steps)

Step 1:

Schedule A Date and Time For Your Webinar using ar webinar platform like Gotomeeting.com. 

OR

You can also use Webinar JEO a very cost effective tool with no capping on attendees.

Decide how long your webinar is going to be 60 or 90 minutes?

Step 2:

Promote Your  Webinar 

Here are some suggestions on how:

  • Email your list or data base announcing the topic ,date and time of your webinar and why they should attend.
  • Announce and share your webinar link on your social media accounts.
  • Create an event in Facebook and invite your friends and fans to attend and share your event.
  • Create an optimized YouTube video, a mini commercial with the link to your webinar. (Also upload the video on other video sharing platforms like Vimeo and Daily motion.)
  • Announce the webinar on your blog/ website.
  • Write and send out a press releases about your webinar.
  • Paid Traffic – Use Facebook Ads, Bing Ads and YouTube Ads (Upload a short video that asks them to register for the webinar.)
  • Leverage the person your  interviewing to promote to his or her list and social media followers.
  • Create a power point slide (embed a clickable link to register for the webinar) with a catchy title promoting the webinar and upload your slides to SlideShare.
  • Promote it on classified ad sites like US Free Ads, Craigslist, BackPage and Gumtree.

Step 3:

Deliver Your Presentation

  • Create Your Presentation Slides – Using Power point, Keynote, Google Docs etc.
  • Deliver great content. In your  introduction include a stick strategy, which  gives the attendee a reason or an incentive to stay till the end of the webinar.

For example if you are running a webinar on “7 WAYS TO USE BIG ONLINE BRANDS TO POSITION YOUR BUSINESS  FOR GROWTH AND PROFITS.

You could say that later on in the webinar you will show them how to access 4 more powerful bonus strategies.

Strategies that will compliment the 7 strategies that you’ll be teaching on the webinar.

Step 4:

Make An Offer / Have A Call To Action

If you are selling your product or service, make your attendees an offer.

If you aren’t selling anything on your webinar think of call to actions to build on the relationship you have made with your webinar attendees. Ask them to subscribe to your website for more updates and trainings or simply connect with you on social media.

Step 5:

Follow up

Send out an email with the replay details to your database that registered and didn’t attend .

Furthermore for those that did attend you can keep communicating with them via email especially if you have made an offer with an expiration date.

Let them know there is only 24 hours to go until the special offer expires.

Step 6:

Automate

Use an automated webinar replay software to make your recorded webinar available and keep promoting it to your target audience and prospective customers via the tactics explained in Promote Your Webinar tactics in step 2 listed above.

Webinars are a fantastic way to sell, get your message out there, set yourself apart from your competition.

Even more powerful automated webinars can be used 24/7 giving your business massive leverage.

Get on board using the power of webinars to launch, promote and position your online business for success.

Resources You Can Use On:

How To Make Money Online With Webinars

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