Webinar: What Is It and How It Works

In a time where mass gatherings are highly discouraged due to the pandemic, there’s a big chance you’ve heard of the term Webinar. Of course, they have been around since most of us can remember, but their popularity seems to have become explosive with the arrival of the Covid-19 pandemic. They are used by anyone from small businesses to corporations and academic institutions.

In this piece, we will have a deeper look into webinars, what they are, and how they work. Let’s dive right in!

What Are Webinars?

Simply put, a webinar is a seminar-style workshop, presentation, lecture, or conference that is hosted online. In fact, the word webinar comes from combining “web” and “seminar”. Even if webinars are still new to many entrepreneurs, they are a tried-and-true stratagem that produces great results for many companies around the globe. This is especially considering the current continuous rise of video content’s popularity for connecting with new customers to promote brand authority.

Also, through webinars, businesses can convey important business information to potential clients, employees, partners, and associates. This could include anything from product demonstrations to overviews for processes like sales, strategy breakdowns, in-depth coverage of common practices and industry topics, job application timelines, and so much more.

The goal of any webinar is to share information online with a group of viewers. So, webinars can be hosted by teams or individuals within an organization as well as between multiple organizations partnering on similar content. Moreover, webinars can also be hosted by individuals not associated with any brand provided that they are knowledgeable enough. In a recent review at ecosecretariat.org/webinarjam-review/, WebinarJam is described as a record breaker as far as webinar hosting is concerned. This is perhaps due to its ease of use, multiple features, huge audience base, and enormous popularity.

With that said, let’s now get to the main course!

Different Types of Webinars and How They Work

There are different types of webinars used to effectively achieve specific business or audience goals. Also, there are different webinar content types such as slideshows, live videos, text chat, whiteboards, screen sharing, pre-loaded webinars, polls, etc. At the end of the day, your choice will depend on what you want to achieve and who you wish to reach.

Webinars for Marketing, Lead Generation, and Partnerships

Well, there are various ways to do marketing and lead generation. You may choose to create in-depth industry white papers, publishing case studies for product promotion, or even designing product eBooks. However, hosting marketing and lead generation webinars is among the best tactics today. They are one of the tried and proven means of generating high-quality marketing leads and, in turn, increasing company revenues. As a matter of fact, webinars have proven to be beneficial even amid the current COVID-19 pandemic where many companies have shifted to virtually hosted events. That way, companies can gain valuable leads they can follow up with later through tailor-made conversations that convert them into potential customers.

Education Webinars

When it comes to learning, webinars are the undisputed champions. Through them, schools and universities can offer distance learning opportunities to students. As a matter of fact, these tools enable students to attend lectures at any time anywhere whether using a tablet, laptop or even a smartphone-provided there is an internet connection. Also, webinars have proven to be powerful learning tools especially a time like now when social distancing and staying at home is being encouraged to combat the spread of COVID-19. Student can comfortably take classes while at home

Webinars for Product Demos

Most companies are relying on webinar technology to strategically sell their products and services and also establishing a cohesive relationship with potential clients. So, if you have a great product that you need to showcase to a huge audience, using a webinar is a great idea. You can offer a detailed product demo using a webinar presentation while answering questions that interested consumers might have. Moreover, you get your participants’ attention and educate them about the product. You can also nurture your leads and convert them into return customers.

Employee Training and Team meetings Webinars

Webinars also go a long way when it comes to passing knowledge and showing practical skills to your employees. Therefore, whether you have a remote team or a team too big to fit into a room for training, webinar training is all you need, to train them from wherever they are. That would be way much engaging as compared to other means such as written materials.

Webinars for Customer Retention and Nurturing

Well, even if inspiring webinars are a great way of attracting new customers, it is also imperative to nurture your existing ones. Customer retention is an important aspect of any business. Here, a customer retention-oriented webinar helps you in establishing a personal relationship that keeps them coming back for your products or services. Additionally, your customers can keep up a consistent track of your new arrivals, crucial business announcements, and an opportunity to get their questions answered.

The above are just some of the main types of webinars, their benefits, and how they work. With this information, choosing the right webinar should be a breeze. You just have to pick one that aligns with your goals and objectives.