Been on a webinar lately? I bet you have. There are many benefits every webinar offers.

The fact is, webinars are one of today’s hottest marketing trends. Each and every week, you’ll find small business owners hosting webinars about book publishing, blogging, and even how to sell T-shirts online. No matter what your niche or industry, webinars are a great option for growing your market.

List Building

Perhaps the number one reason to host a webinar—especially if you partner with another business owner in a complementary niche—is to grow your list. Here’s why it works so well.

As a business owner with resources and information to share, you’re in demand, and there are plenty of others out there looking to partner with you. Find a colleague in a related niche to host your event.

Ask her to mail her list with an offer to join you both on the call. Collect emails in your email service provider.  (If you don't have one, here's my affiliate link for ConvertKit….it's a great option!) Any sales you make from the event will pay your partner an affiliate commission. That way you both win: You build your email list, and she earns cash for her time.

Show Off Your Expertise

You’ve no doubt heard plenty of people talking about the “know, like and trust factor.” It’s a simple reminder that very few people will buy from you the first time they encounter your website or get an email from you. They need more info.

A webinar is a great way to build up their trust. Because they can hear your voice, and maybe even see your face, there’s an instant connection. Not only that, but you get to impress them with your knowledge of the topic. Your audience will walk away not only knowing you better, but also with the impression that you are the go-to person in your niche.

Sell to an Engaged Audience

Here’s a fact you may not have considered: Webinar attendees are primed to buy. Make them an irresistible offer, and you’ll be amazed at how effective “selling from the stage” can be.

What’s irresistible? Try these proven tactics:

• Fast action bonuses just for those who buy while on the call or shortly after it ends.
• Deep discounts available only for a limited time—typically if they buy before midnight of the day of the event.

Both plans have worked for thousands of webinar presenters, and will work for you, too.

Whether you’ve never hosted a webinar before, or you’re already an old hand, there’s little doubt that this is a tool that really performs. The benefits every webinar offers are worth the amount of time you spend preparing and promoting. The potential returns can increase your visibility, so get out there and start planning your next webinar event!