Free or Paid Host Webinars help you to earn money online
You can conjointly create money if you’re associate skilled in your field by hosting webinars relevant to your field then discovering ways to monetize these webinars.
A webinar refers to a live video presentation that is broadcast live over the internet and interactive. With the help of video conferencing technologies, you’ll consider a webinar as a seminar or workshop that’s command over the net.
There are many thousands of individuals who host webinars, and a few of them receive the maximum amount of $10,000 from one webinar. If they can do that, you can, too.
However, why webinars?
Webinars offer a tremendous opportunity because the demand for webinars is increasingly growing. A Kenneth Research study suggests that by 2023, the webinar market is set to cross $800 million, up from $547 million in 2015.
There are also other aspects that create it an ideal chance to host webinars. First, nearly three-quarters of consumers prefer to watch video content over text reading, making webinars the case.
In addition, 20%-40% of webinar participants become eligible leads, and 5% of participants make a purchase within a few hours of watching the webinar. With such numbers, it’s no marvel that seventy-four of B2B marketers agree that the most effective way to generating high-quality leads is thru webinars.
So, how do you make money from webinar hosting?
Run webinars and sell your offering to gain leads
Two types of webinars exist paid webinars and free webinars.
By charging attendants an entrance fee to access the webinar, paid webinars to make money. Hosting paid webinars can be a fast way to make cash if you are a professional who has already established ample authority in your field.
This is because your opinions and experience are valued, and thus, individuals will have no worries about paying to hear you talk about your profession.
With free webinars, you don’t charge individuals to join the webinar. So, with free webinars, how can you make money?
As a lead generation machine, free webinars are essentially used. The idea is to invite potential customers to your webinar and then, during the webinar, pitch to them and hopefully turn some of them into paying customers.
For example, let’s say you are a digital marketing expert. In order to teach people how to boost their SEO scores, you hold a free webinar, and 5,000 people attend the webinar. Towards the end of the webinar, you make a pitch about a tool you have developed that helps with keyword analysis, after providing the participants with useful details about search optimization.
Out of the 5,000 participants, 250 participants end up paying a price of only $100 for an annual subscription to your keyword analysis tool, and you end up earning $25,000 from a single webinar. The webinar was not, in this case, the product itself, but a way to create and convert leads. You effectively provide useful data for free with free webinars and then close the webinar by providing a paid product or service.
