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Monetizing Your Webcasts: Will
 Customers Pay for Content?


      Melanie Turek, Industry Director

 Enterprise Communications & Collaboration
               March 2011
Online Events: Changing Delivery for a Changing World


•   Growing number of dispersed
    workers, business partners and
    suppliers.
•   Education, training and best
    practices are critical in a global
    marketplace.
•   More people are comfortable with
    online events.
•   Change the delivery, not the
    business model.




                                                        2
Webcasts Offer Benefits Over In-Person Events


•   Eliminate Travel
•   Reduce Costs
•   Reach More People
•   Better Deploy Trainers
•   Customize Content
•   Interactive Sessions
•   Build a Better Brand
•   Record for Later Use
•   Demonstrate ROI


                                                3
Web Conferencing Addresses Key Event Needs

     Web Conferencing Tools

 •   Web-based presentations           The Training
                                         Advantage
 •   Collaboratively share
     applications and files    •   Maximize Reach,
 •   Annotate documents            Lower Costs
 •   Sidebar chats             •   Deliver Customized
 •   Q&A
                                   Presentations

 •   Polls and surveys         •   Follow Up Anytime,
                                   Anywhere
 •   Record and archive
     meetings


                                                        4
Web Conferencing Offers Two Ways of Learning

         One-to-Many
                                   Primarily used for:
                                   • Sales and marketing presentations
                                   • Training
                                   • Company-wide meetings
                                   • Investor Relations
                                   • Events/ Conferences



                                    One-to-Few/Few-to-
                                           Few

    Primarily used for:
    • Project teams
    • Business planning
    • Research and development
    • Departmental meetings




                                                                     5
Content is King


•   Clear Information
•   Hands-On Training
•   Actionable Best Practices
•   Market Trends – and Interpretation
•   Interaction
•   Q & A, Polling, Surveys




                                         6
Other Key Considerations


•   Cost
•   Topics
•   Time
•   Technology




                           7
For Additional Information




     Melanie Turek
     Industry Director
     Enterprise Communications
     (970) 871-6110
     melanie.turek@frost.com




                                 8
Who We Are


   Started as online newsletter for educators
   About 25 webinars a year
   Target audience is k-12 administrators
   Most listen in groups
   Used for professional development

The Competition
 Nonprofit education groups with free events
 Other for-profit webinar companies




                                                 1
Webinars and the Internet: Perfect together

 Time sensitivity
 Fills specific need
 Unique—no one else is offering the same
  event




                                                2
Look for ways to increase desire to buy now




Offer premium for sign up by specific date
(We offer free CD-ROM)




                                                3
The big value of the recording link

 People are motivated to sign up for event
  offered on specific date, but… many can’t
  make it on that date.

 Link provides almost immediate gratification
  for people who ask if it will be offered
  again—much better than just offering them a
  CD.



                                                 4
Good content alone is not enough

 Consider hiring stars in your field. They bring
  in bigger audiences and know how to keep
  it interesting
 Look for ways to break up the presentation
  by using chatbox creatively and including
  polls when appropriate.
 Consider use of short breaks for discussion
  at remote locations



                                                    5
Pricing: Give value, but don’t undercharge

 Look at what others are charging in your
  field, but don’t be afraid to charge more for
  good content
 We provide live webinar, link and CD for one
  price when registrant sign up by deadline
 Offer discounts for multiple sites




                                                  6
Promotion schedule
 Series of 5 emails
 Send first email 4 weeks in advance
 Expect most sign-ups to come in last 2 weeks


Other Approaches:
 Affiliate arrangements with others in field
 Advertising /links on select websites
 Get presenters to promote webinar to their lists




                                                     7
Who can use paid webinar model

 Providers of specialized information
 Large universe of prospective registrants




                                              8
Paid Content Can Provide Real Value for Customers




         © Copyright Internet Marketing Institute. All Rights Reserved
Intro to Mary O’Brien
 Employee #68 at GoTo.com
 Focused on Search Engine Marketing Since 1998
 Trained over 7000 advertisers on SEM in Yahoo and
  Adcenter Workshops and through PPC Summits since
  2003
 Currently teaching online classes on AdWords, SEO &
  Social Media, Small Business Search Marketing, Effective
  Ecommerce, Lead Generation and Landing Page
  Optimization
 Accent – English? Irish? American?


              © Copyright Internet Marketing Institute. All Rights Reserved
Intro to Internet Marketing
Institute
 Providing actionable and strategic internet marketing
  training to small and medium sized businesses and
  agencies in an accessible, affordable way




              © Copyright Internet Marketing Institute. All Rights Reserved
Internet Marketing Institute
Initial Offering
 4 - 5 paid Seminar series per year
 Designed to provide accessible expert content at attendee’s
  convenience
 Seminars are recorded and accessible for 90 days after event
 Each Seminar series focuses on a specific Internet Marketing topic
 Seminar’s for 2011 cover:
      AdWords Advertising
      SEO & Social Media
      Online Retailing
      Inbound Marketing
 Typical Series – 18 Classes, 18 – 20 Experts, 45 – 70 minutes long



                 © Copyright Internet Marketing Institute. All Rights Reserved
Seminar Value
 2 Free Preview Webinars per Seminar
 Pricing: Early Bird - $297, Regular - $597
 Content is focused on Actionable Strategies and expert
  insider tips
 Lots of Q & A and access to at least 18 experts
 Members area for:
      Additional questions
      Bonuses & white papers
      90 day access to recordings
      Session transcripts
      Interaction and brainstorming with peers
 Typical bonuses offer dollar value equal to the event price

                 © Copyright Internet Marketing Institute. All Rights Reserved
Business Case for Webinars
 Webinars are less expensive to produce and cost
    savings can be passed back to attendees
   Webinars are more accessible to international
    customers
   Webinars support a broadening of our online offering
   Webinars lend themselves better to the training model
    than large conferences
   Webinars provide many of the interactive features of
    live events that allow for effective adult learning

               © Copyright Internet Marketing Institute. All Rights Reserved
Previous Model
 1 and two day conference events
 200 – 300 attendees
 10 – 20 sponsors/exhibitors
 Specifically about Paid Search advertising
 Typically $695 - $1295
 Long sales & marketing cycle
 Very expensive to produce




             © Copyright Internet Marketing Institute. All Rights Reserved
Current Marketing Model
 Typically 6 – 8 week marketing cycle
 Most people register to take advantage of Early Bird rate
 2 preview webinars per event
 Marketing via email to large list and some Social Media,
  also testing direct mail and search engine marketing
 Shorter marketing cycle allows us to offer more niche
  content, more frequently
 Recognizable experts are a real draw
 Using email reminders, live chat and recording through
  Ready Talk system to increase attendee engagement and
  learning

              © Copyright Internet Marketing Institute. All Rights Reserved
New Business Model
 More manageable cash flow
 Able to provide training to a much larger audience
 Opportunity to build a global brand
 Extend our online product offering
 Maintaining integrity of events and continuing to
 receive high reviews and positive feedback from
 attendees


             © Copyright Internet Marketing Institute. All Rights Reserved
Contact Us
mobrien@internetmarketinginstitute.com

Follow Mary O’Brien on Twitter:
@MktgInstitute

Upcoming IMI Events:
AdWordsAdvantage.com                   May 10 – 19
SEOandSocialMediaSuccess.com           July 12 – 21




                      © Copyright Internet Marketing Institute. All Rights Reserved

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Generate More Qualified Leads with Webinars

  • 1. Monetizing Your Webcasts: Will Customers Pay for Content? Melanie Turek, Industry Director Enterprise Communications & Collaboration March 2011
  • 2. Online Events: Changing Delivery for a Changing World • Growing number of dispersed workers, business partners and suppliers. • Education, training and best practices are critical in a global marketplace. • More people are comfortable with online events. • Change the delivery, not the business model. 2
  • 3. Webcasts Offer Benefits Over In-Person Events • Eliminate Travel • Reduce Costs • Reach More People • Better Deploy Trainers • Customize Content • Interactive Sessions • Build a Better Brand • Record for Later Use • Demonstrate ROI 3
  • 4. Web Conferencing Addresses Key Event Needs Web Conferencing Tools • Web-based presentations The Training Advantage • Collaboratively share applications and files • Maximize Reach, • Annotate documents Lower Costs • Sidebar chats • Deliver Customized • Q&A Presentations • Polls and surveys • Follow Up Anytime, Anywhere • Record and archive meetings 4
  • 5. Web Conferencing Offers Two Ways of Learning One-to-Many Primarily used for: • Sales and marketing presentations • Training • Company-wide meetings • Investor Relations • Events/ Conferences One-to-Few/Few-to- Few Primarily used for: • Project teams • Business planning • Research and development • Departmental meetings 5
  • 6. Content is King • Clear Information • Hands-On Training • Actionable Best Practices • Market Trends – and Interpretation • Interaction • Q & A, Polling, Surveys 6
  • 7. Other Key Considerations • Cost • Topics • Time • Technology 7
  • 8. For Additional Information Melanie Turek Industry Director Enterprise Communications (970) 871-6110 melanie.turek@frost.com 8
  • 9. Who We Are  Started as online newsletter for educators  About 25 webinars a year  Target audience is k-12 administrators  Most listen in groups  Used for professional development The Competition  Nonprofit education groups with free events  Other for-profit webinar companies 1
  • 10. Webinars and the Internet: Perfect together  Time sensitivity  Fills specific need  Unique—no one else is offering the same event 2
  • 11. Look for ways to increase desire to buy now Offer premium for sign up by specific date (We offer free CD-ROM) 3
  • 12. The big value of the recording link  People are motivated to sign up for event offered on specific date, but… many can’t make it on that date.  Link provides almost immediate gratification for people who ask if it will be offered again—much better than just offering them a CD. 4
  • 13. Good content alone is not enough  Consider hiring stars in your field. They bring in bigger audiences and know how to keep it interesting  Look for ways to break up the presentation by using chatbox creatively and including polls when appropriate.  Consider use of short breaks for discussion at remote locations 5
  • 14. Pricing: Give value, but don’t undercharge  Look at what others are charging in your field, but don’t be afraid to charge more for good content  We provide live webinar, link and CD for one price when registrant sign up by deadline  Offer discounts for multiple sites 6
  • 15. Promotion schedule  Series of 5 emails  Send first email 4 weeks in advance  Expect most sign-ups to come in last 2 weeks Other Approaches:  Affiliate arrangements with others in field  Advertising /links on select websites  Get presenters to promote webinar to their lists 7
  • 16. Who can use paid webinar model  Providers of specialized information  Large universe of prospective registrants 8
  • 17. Paid Content Can Provide Real Value for Customers © Copyright Internet Marketing Institute. All Rights Reserved
  • 18. Intro to Mary O’Brien  Employee #68 at GoTo.com  Focused on Search Engine Marketing Since 1998  Trained over 7000 advertisers on SEM in Yahoo and Adcenter Workshops and through PPC Summits since 2003  Currently teaching online classes on AdWords, SEO & Social Media, Small Business Search Marketing, Effective Ecommerce, Lead Generation and Landing Page Optimization  Accent – English? Irish? American? © Copyright Internet Marketing Institute. All Rights Reserved
  • 19. Intro to Internet Marketing Institute  Providing actionable and strategic internet marketing training to small and medium sized businesses and agencies in an accessible, affordable way © Copyright Internet Marketing Institute. All Rights Reserved
  • 20. Internet Marketing Institute Initial Offering  4 - 5 paid Seminar series per year  Designed to provide accessible expert content at attendee’s convenience  Seminars are recorded and accessible for 90 days after event  Each Seminar series focuses on a specific Internet Marketing topic  Seminar’s for 2011 cover:  AdWords Advertising  SEO & Social Media  Online Retailing  Inbound Marketing  Typical Series – 18 Classes, 18 – 20 Experts, 45 – 70 minutes long © Copyright Internet Marketing Institute. All Rights Reserved
  • 21. Seminar Value  2 Free Preview Webinars per Seminar  Pricing: Early Bird - $297, Regular - $597  Content is focused on Actionable Strategies and expert insider tips  Lots of Q & A and access to at least 18 experts  Members area for:  Additional questions  Bonuses & white papers  90 day access to recordings  Session transcripts  Interaction and brainstorming with peers  Typical bonuses offer dollar value equal to the event price © Copyright Internet Marketing Institute. All Rights Reserved
  • 22. Business Case for Webinars  Webinars are less expensive to produce and cost savings can be passed back to attendees  Webinars are more accessible to international customers  Webinars support a broadening of our online offering  Webinars lend themselves better to the training model than large conferences  Webinars provide many of the interactive features of live events that allow for effective adult learning © Copyright Internet Marketing Institute. All Rights Reserved
  • 23. Previous Model  1 and two day conference events  200 – 300 attendees  10 – 20 sponsors/exhibitors  Specifically about Paid Search advertising  Typically $695 - $1295  Long sales & marketing cycle  Very expensive to produce © Copyright Internet Marketing Institute. All Rights Reserved
  • 24. Current Marketing Model  Typically 6 – 8 week marketing cycle  Most people register to take advantage of Early Bird rate  2 preview webinars per event  Marketing via email to large list and some Social Media, also testing direct mail and search engine marketing  Shorter marketing cycle allows us to offer more niche content, more frequently  Recognizable experts are a real draw  Using email reminders, live chat and recording through Ready Talk system to increase attendee engagement and learning © Copyright Internet Marketing Institute. All Rights Reserved
  • 25. New Business Model  More manageable cash flow  Able to provide training to a much larger audience  Opportunity to build a global brand  Extend our online product offering  Maintaining integrity of events and continuing to receive high reviews and positive feedback from attendees © Copyright Internet Marketing Institute. All Rights Reserved
  • 26. Contact Us mobrien@internetmarketinginstitute.com Follow Mary O’Brien on Twitter: @MktgInstitute Upcoming IMI Events: AdWordsAdvantage.com May 10 – 19 SEOandSocialMediaSuccess.com July 12 – 21 © Copyright Internet Marketing Institute. All Rights Reserved