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Wednesday, 20 Aug 2008
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Webinars
Aren't Just For Selling
by
Bob Hanson
A recent survey of business marketers revealed that most companies
tend to use only one kind of webinar: the marketing webinar.
Though the marketing webinar is the most common use of
one-to-many web collaboration services, but it is not the only
one. Webinars, which offer a lower cost-structure than live
seminars, can be used in diverse ways to cut marketing, sales
and product development costs and drive top-line growth. A great
Web collaboration and webinar strategy can even create competitive
or strategic advantage.
But first a definition: a webinar is a one-to-many seminar
delivered over the Web using today's collaboration services
(such as WebEx or MS Live Meeting). Most marketing webinars
are designed to attract prospects to a Web seminar with the
goal of setting the table for sales appointments.
Here are seven less common but potentially effective ways of
using webinars.
1. Positioning webinars: A positioning webinar
seeks to position or reposition a company within a new market,
vertical market or a specific group. These events would typically
be heavy on education rather than sales pitch.
A B2C example could be a home store which wants to position
itself as the one-stop shop for projects rather than just a
purveyor of "nuts and bolts". The company could run
webinars to its lists in partnership with key vendors, based
on the common home projects for that time of year. It could
then direct attendees to its local store and perhaps send coupons
and "how to" information from the sponsoring vendor.
B2B companies may want to reach a CXO if they have been well
known at a lower level in the company. They might hire an analyst
or consultant to talk about key problems that face a CXO, and
tie the webinar into the solution that the sponsoring company
offers.
2. Web focus groups: Take your in-person focus
groups and adapt them to leverage the features of the leading
Web collaboration platforms. You can gather much of the same
data at a fraction of the cost and time of a live focus group.
While you won't be able to read body language, you can, for
example, help prioritize one feature among three for the next
product release.
One company I worked with did a collaborative focus group quarterly
with all of its resellers to review the product road map and
get feedback on how the product was faring. This helped its
channel relationships and the company made better decisions
about the direction of the product.
3. Webinars as infomercials: Some marketers
will tell you to never do a pure sales-pitch event or webinar.
I strongly disagree (see the infomercial industry for success
with sales pitches). In some situations these webinars make
perfect sense. But recognize that the best sales pitches often
involve educating prospects so they receive value even if they
do not buy at the end of the event.
These events typically go for 30 minutes and include an overview
of the problem solved, case studies of success with the service
or a short product demo, and the unique approach the company
takes to solve the problem. End with a special offer and call
to action.
4. Database-building webinars: These are events
geared toward building the list of target individuals at the
"top of the marketing funnel"; they are my favorite
because prospects love them, but so few companies do them. Think
of topics that are current and newsworthy, and leverage partners
and media for the most bang for your buck.
For example, right before the recent spam laws were enacted,
a company in the anti-spam business hired a spammer to be interviewed
by one of the well-known editors of a technology publication.
The webinar was attended by about 850 people who heard how the
spammers worked and why the problem was not going to be solved
soon. This was a very human glimpse into an everyday problem
and helped add many hundreds of target prospects to the company's
opt-in list.
5. Training webinars: Offering free or paid
training over the Web is done by many companies today, but it
can be used by most. Training webinars can be a great way of
moving new customers up the adoption curve and avoiding support
calls and common customer issues.
Consider archiving basic trainings and encourage new customers
to take the trainings immediately after buying. Typical trainings
can be either introductory for new users or can cover the top
questions people have about your product or service.
6. Webinars to test seminars: Before investing
many tens of thousands of dollars on a live seminar or road
show, consider testing and perfecting the idea through a webinar.
If successful, go out on the road. Note that webinars can also
be used to test other major efforts, such as new marketing strategies
or product ideas.
To test out a seminar idea, you would pilot your proposed marketing
campaign and webinar presentation to see if it achieved your
attendance and overall event objectives. If the webinar hit
pre-defined hurdle metrics, you would give the green light to
the roadshow.
7. Partner/strategic alliance recruitment webinars:
This is really just a marketing webinar targeted at
prospective partners and can be successfully used in the marketing
mix for recruiting partners.
For example, one security technology company used a webinar
to support its roadshow seminar in its channel recruitment efforts.
It got 217 registrants to the live webinar, reaching potential
partners more cost effectively than its live seminars. And it
generated leads with potential resellers who do not generally
attend shows. Finally, the company marketing a recorded version
of the webinar for ongoing recruitment efforts.
There are other ways of using webinars, and you may have your
favorites for your business and target market. My experience
indicates that understanding and employing the different options
can help you gain access to new sales opportunities and markets,
get closer to customers, create better offerings and fuel sales
growth.
Bob Hanson is the founder of WebinarU.

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