How webinars help your brand grow and achieve business goals
If you’re in the B2B domain, it is very important to establish your credibility and expertise. And connecting one-on-one or one-on-many with your vendors or with your existing and potential customers greatly helps businesses do that. But with the recent lockdowns due to COVID-19, brands and marketers need to adopt new ways to promote their products or communicate with their prospects. This requires crafting a sound B2B content marketing plan by weaving together multiple ideas. What about considering webinars as a part of your content marketing plan? Especially when remote working has become the new normal?
A study done before the lockdown reported that 73 percent of marketers find webinars to be one of the most efficient ways to create new opportunities for their business. In March 2020, the number of webinars increased by 330 percent while the number of participants is doubling every month.
Recently, Nasscom – the national association of Indian information technology and business process outsourcing – held a webinar named Combating COVID 19 Through Technology. The topics mostly revolved around how Indian healthcare startups should respond to the crisis; how they can build winning relationships with large hospital chains; how COVID-19 has presented new opportunities.
Let’s consider why you too should do likewise.
B2B businesses have a specific, well-defined target group. Educating this audience on the benefits of your offering – and more importantly, why they should choose you – is a great way of expanding your reach and gaining recognition. And what better way to do this than through webinars? They help you reach multiple businesses at any given time and also help you save on resources that would have otherwise been spent in personally meeting multiple people.
Webinars have been proven to drive revenue for B2B brands. Here are some of the reasons:
1. Access to a bigger basket of leads
Through a webinar, you can reach a much larger audience, as opposed to pitching your idea individually to different businesses. A bigger basket of leads automatically increases your chances of more conversions. Here’s a tip: To take advantage of this huge platform, instead of talking about the wonders your offering can do, you could showcase the results and let your work do the talking.
2. Webinars open a dialog with your audience
Having a Q&A session at the end of your webinar will really help you strike up conversations with your audience. Later, after gauging which of the prospects had a higher engagement rate during the webinar, you can focus on them to build or nurture long-term partnerships.
Apart from attracting new clients, webinars also help to strengthen your relationship with existing clientele. By staying in touch through such informational webinars, one can inculcate a sense of brand loyalty. It can also serve as a bonus if your clientele puts in a good word for you during the webinar.
3. An investment for the future
A good webinar can actually turn out to be an investment. Most brands in the B2B line of business often make videos or booklets explaining their products. A webinar such as yours can be useful to brands for this purpose. Helping your clients by sharing webinars allows you to build trust. Additionally, when you approach new clients, you can make use of these webinars to showcase your authority in the industry.
4, Ensuring brand recognition and resonance
Marketing campaigns are definitely the way to go when talking about brand recognition and resonance. But creating brand recognition takes time and you have to work towards it. How can webinars help here? If your offering is (say) cloud computing, let your sessions talk about anything and everything that falls under the ambit of that subject. Slowly and steadily, your audience will come to associate your brand with the term ‘cloud computing’.
5, Webinars help overcome geographical constraints and gauging impact
Since your webinars will be hosted online, you can encourage participation across geographies. What’s more, by using various online tools, you can gauge the impact of your events. For instance, you can track top cities/states that provide the most participants. With this data, you can identify the untapped potential for your business. If your webinar is available for download, you can compare and analyze the number of views at the time the webinar took place, as against the downloads that happened later.
Webinars allow you to establish multiple goals. Some of the important ones include meeting the right people, educating your audience, and establishing your name in the market. So why wait? Make webinars a part of your B2B content marketing strategy if you haven’t done so already!
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