How To Run Webinars That Don't Suck
đ˛ And hit 55% conversions
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Hey founder,
A LinkedIn connection of mine DMâd me last week. Letâs pretend his name is Paul.
He filled me in on a 2-day, in-person workshop heâs hosting in late May. He wanted some advice on ways to promote and sell it.
He didnât have much to spend on paid promotion. He was more interested in organic channels.
We set up a coaching call to talk options and put a plan in place. On my list were:
Organic social media
Newsletters
Webinars
Landing page
I ordered them this way intentionally. These four channels pair well with the four stages of Paulâs (and everyoneâs) sales funnels:
Awareness: Paul will post valuable content on 1-2 social channels will bring awareness to the problems his workshops solve.
Interest: As his social connections become aware, heâll move them to an owned channel like email where he can continue to give value and earn trust.
Desire: Heâll announce 1+ webinars to his email list (and social), where heâll give more value and showcase his style & expertise â moving prospective customers from âI like itâ to âI want it.â
Action: As he crosses from marketing to selling, his landing page will enable his prospects to take action and pay for his workshop.
There are other channels for each stage. These are just some of my favorites, and a good match for Paulâs needs and budget.
Heâs also short on time, otherwise we would have also considered lead magnets and waiting lists.
Making good progress, untilâŚ
Paul took a few pages of notes. He was stoked with the plan so far⌠Until we got to webinars.
I remember saying, âOK, the next one to set up is a webâŚâ
He cut me off, âJay, letâs skip webinars. I donât want to run them.â
I asked why. He shared, âTheyâre just not for me.â
I probed some more.
To paraphrase, he revealed, âThey just feel weird. Like, no one is going to plunk down their credit card after listening to my hour-long sales pitch. It will also take too much time to build. Plus Iâve never run one and now doesnât feel like the best time.â
I smirked and said, âMan, youâve been to some shitty webinars.â
I continued, âThatâs definitely NOT what I had in mind. Letâs talk it through a bit and then you can decide if we keep it or replace it.â
âFair enough.â Paul replied.
Luckily, I happened to be building this upcoming webinar đđź
I was able to show Paul how I create webinars that feel good, deliver value, and convert well.
What follows are some of the key takeaways that led Paul to commit to running his own webinar.
By following along, youâll learn:
đ How to overcome the typical pitfalls & objections of our first webinars
đ The unrivaled conversion rates of webinars â not just for selling workshops, but any product or service
đ How to avoid running webinars that suck
đ If youâre a premium subscriber, keep a lookout for a behind-the-scenes look of how I built my upcoming webinars, what I researched & learned, and how they converted.
Subscribe today if thatâs something youâd like to see.
Webinars take work
The pushback Paul had with webinars is the same many of us have: Theyâre intimidating and take a lot of work.
Fear factor
Webinars require new skills like presenting, storytelling, and performing. Like anything else, youâre going to suck a little (or a lot) at first.
You might dread your first 5, 10, or 50 webinars. Take it from someone who has a heavy introverted side.
But you WILL get better.
Your confidence will pick up and youâll begin to enjoy them. Especially when you see your conversion rates soar.
Webinars average 55% conversion rates. Thatâs bananas when compared to 1-2% for social and 5% for email.
Hard work
Youâre also not gonna whip up a valuable webinar in an hour.
Plan to spend 2-3 weeks preparing and building your first few webinars.
Youâve got to learn:
The tools & tech to use (even if lo-fi at first)
Crafting your story arc
Creating your visuals/slides
Building in your offer (the thing youâre selling)
Packaging it all together
How to rehearse, tweak, rehearse, trim, rehearse some more
When you combine the intimidation and work required, itâs no wonder webinars are often the marketing tactic on the chopping block.
But beyond the high conversion rates, thereâs more good newsâŚ
High LTV of one webinar
(LTV = lifetime value)
Once you find a setup and structure that works, youâll leverage it to guide all your future webinars. That means, youâll shrink your timelines from weeks of setup, to days or hours.
Youâll also run the same exact webinar several times. Rinse and repeat. Each time, your list will grow and youâll sell more stuff.
Once your attendee count starts to fade, youâll change the name, swap out the stories you tell & examples you share, and reboot.
All fair, so long as you continue to refine and improve your webinar to that point that it doesnât suck.
Webinars that suck
Did you find yourself nodding along with Paulâs rejection of webinars? Why?
If youâre like me before I ran my first webinar, you might picture them to feel like some cringy infomercial.
That youâd have to pretend to be some used car salesman, peddling your products-for-sale.
Truth is, weâve both sat in plenty of these sleazy webinars. Where we felt like we were being sold to â from the minute we joined till the closing Q&A. Gross.
Iâve also joined webinars that lulled me to sleep. Where the host read their 200-slide PowerPoint sales presentation to me, in monotone.
Thatâs NOT the kind of webinar you or I want to run. And itâs not the webinar your audience will feel good attending. Which means those 55% conversion rates will be closer to .5%.
Instead, weâre going to run webinars everyone feels good being a part of â you and your audience.
How? Thatâs exactly what Iâll cover in next Sundayâs deep dive.
Iâll share the five guidelines I use to build high-value webinars:
Set the table
Tell one story
Teach one thing
Make it interactive
Help with the next step
See you then! And Happy Easter if you celebrate. đ°Â đŁÂ
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Jay Melone
Founder-Creator
Passive Profits
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