Webinar Strategy That Causes Customers To Buy
January 8, 2010 by Stephen Beck
Filed under Home Based Business
The primary goal of any webinar is to increase sales for your business. How will you use your webinar to improve your bottom line? Choosing the appropriate webinar strategy is key to making sure the time you spend on your webinar is translated into concrete sales. Read the brief overview of four different webinar strategies below and choose the model that is right for your business.
In the first webinar strategy, you present a free webinar that gives valuable information to your viewers. Provide information on a topic that viewers want to know about. This will attract them to your webinar. Once you have your captive audience, do not skimp on quality. Give them the content they have been seeking. By doing this, it will be easy to make the push for your goods or services at the end of your webinar. You have already given them something of value, so it will be easy for them to see how paying you for your product will bring even more value to their lives!
The second webinar strategy is best for those selling a service for a more complex process. This webinar strategy promotes your services by making the viewer realize how you will help them with an otherwise complicated task. Your viewers will be eager to buy your service when they see how you can make their lives easier!
The third webinar strategy uses the free webinar to hook viewers into purchasing webinar classes. If provide enough information in your free webinar, you will be sure to intrigue them. Make them realize that by purchasing further courses they will have access to even more of your knowledge and expertise.
In the fourth webinar strategy, you do the same webinar numerous times. The difference is that you will present the webinar to different groups of people each time. Every presentation is a fresh opportunity to land sales. This continuous push for your product will ensure a constant stream of new potential clients for your business.
Each webinar strategy has its own benefits, and you can even consider using all four of them at different times to promote your business. Taking the time to learn about each strategy will go a long way in strengthening your marketing plan.
Stephen Beck is good at helping families learn how to succeed online through webinar strategy. Go get Stephen’s free online business information at http://www.WildlyWealthyWebinars.com so that you can start today.
How To Use Techniques On Business Webinars That Drive Prospects To Take Action
September 4, 2009 by Stephen Beck
Filed under Make Money Online
If you are looking to maximize your sales on business webinars, you must motivate your attendees to buy from you. You can do this by creating elements in your marketing process. These elements need to be built in whether you do online of offline marketing and whether you sell services, physical products or digital products. These elements are creating a sense of urgency and a fear of loss.
Creating a sense of urgency by using scarcity is one way. If you are hosting a webinar you can do this buy saying “this offer is only available until 11:59 tomorrow evening.” By utilizing a time limit, the people who are in position to buy but are holding off will be motivated to buy. Without utilizing a time limit they might never buy from you even though they want to.
You can also drive prospects to take action on your business webinars by limiting supply. If you say “There are only 150 copies of this item” people know there is a risk you might run out. Make sure the reason you limit copies makes sense. Saying “only 150 copies because I feel like it” will not work.
If you are looking for ways to create limits on product quantity, here are two ways you can do this. Say you offer consulting services. You can limit the number of hours you offer because time is a limited resource. If you are offering a physical workshop, you can use the limited amount of seats. The place you are holding the workshop has limited capacity. If you are selling a product that has to be produced, you can create a limited first run, like only 100 so if they want to get in on that run, they have to buy now before you run out.
When it comes down to quantity limitations, there are several ways you can do this. One way is to promote the power of the information by saying “I need to limit the amount of these courses because if the information gets into too many hands it will hurt all of us.” Now your potential buyers feel like they are in an exclusive club.
The previous techniques deal with sense of urgency but using fear of loss on business webinars is also important. By presenting a potential loss in the mind of your prospect this can be a powerful motivator for taking action. For instance, if you say “free shipping to the first 50 buyers”, this will motivate some people on the fence to take action.
Considering these scenarios, you should have a greater understanding why you need to drive your prospects to take action now. To really increase your conversions, you should also include a penalty if they do not buy now. One of the easiest penalties to implement is a price increase after a certain period of time. Another strategy is you can simply take the product off the market or take parts of it off the market. Whatever you do, the key is to identify the penalty and communicate it to your prospective customers clearly.
This also works well when you create live events. Business webinars are live events that have a maximum amount of participants that can connect. Live in person events have a maximum amount of space. An event can even be something going on in your life or business that affects what you are promoting.
One technique some business owners use is the employer/employee event. The employer is “away on vacation” and the employees offer a special discount on the product for a set amount of time, which coincides with the return of the employer from vacation. Once the time passes, the special discount no longer applies. What this does is creates urgency and a fear of loss in the minds of your prospects. This event can even be promoted on business webinars that you host for your prospects.
The bottom line is if you want to maximize your conversion rates you need to implement plans to do so. By creating a sense of urgency and a fear of loss you motivate people who might have otherwise put it off to do business with you.
Stephen Beck teaches families how to make profits online with the business webinar. Go get his free online business information at http://www.wildlywealthywebinars.com so your family can begin using business webinars now.











