In short
Marketing School Podcast Episode Summary
Episode Title
How Monthly Webinars Transformed Our Business
Hosts
Neil Patel and Eric Siu
Episode Number
#2881
Episode Description In this episode, Neil Patel and Eric Siu discuss the significant impact that webinars have had on their businesses, sharing strategies for optimizing webinar attendance and engagement through audience-first planning and strategic topic selection.
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Key Takeaways
- The Power of Webinars
- Webinars serve as effective tools for lead generation and audience engagement.
- Neil Patel reintroduced Eric Siu to the potential of webinars, highlighting their continuous relevance in marketing strategies.
- Optimizing Webinar Attendance and Engagement
- Timing of Webinars:
- Early morning sessions (9-10 AM Pacific) generally yield better attendance.
- Eric shares insights from a co-hosted webinar that had 9,000 registrations and approximately 600 live attendees.
- Show-up Rates:
- Typical show-up rates range between 20-30%. Pre-pandemic rates were notably higher (around 40-50%).
- Importance of Targeted Topics in Webinars
- Topic selection is crucial for attracting the right audience.
- Specific topics like "how to do SEO with little to no money" can attract larger audiences (up to 40-50k registrants).
- More niche topics may not attract as many registrants but may yield higher-quality leads who are more likely to convert.
- Audience Optimization
- Both hosts aim to reach a targeted audience, particularly from publicly traded companies.
- Their goal is to have at least 20% of attendees from such companies, although they currently average around 15-16%.
- Frequency of Webinars
- Neil and Eric have found success by maintaining a balance between frequency and topic quality:
- Neil’s team conducts two webinars per month, focusing on carefully selected topics.
- Eric’s team previously attempted weekly webinars but found that fewer, more targeted sessions yielded better results.
- Post-Webinar Engagement Strategies
- They leverage post-webinar follow-ups to enrich their audience data and reach out to potential leads.
- Tools like Apollo may be used to gather additional audience insights to enhance future marketing efforts.
- The Value of Events
- Both in-person and online events contribute to building relationships and enhancing brand engagement.
- They advocate for event-driven marketing as integral to their overall strategy.
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Conclusion The episode underscores the effectiveness of webinars when executed with strategic foresight regarding topics and audience engagement. The hosts emphasize the importance of targeted content to attract high-quality leads and the overall value of events in fostering business relationships.
Call to Action
- Don’t forget to subscribe to the Marketing School YouTube channel for more insights.
- For more information on their marketing services, visit [NP Digital](https://www.npdigital.com).
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Feedback and Engagement
- Listeners are encouraged to leave reviews and suggest topics for future episodes.
- Connect with hosts via their respective platforms:
- [Neil Patel on X](https://twitter.com/neilpatel)
- [Eric Siu on X](https://twitter.com/ericosiu)
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This summary encapsulates the episode's insights and discussions, providing a clear and actionable overview for those interested in enhancing their webinar strategies.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00You want to talk about what we learned by doing webinars?
0:12you're doing a lot more webinars you go first co you're doing co-hosted webinars now oh yeah i did one with um i did with adam robinson this past week that one's good you should do one with him we don't we don't really do co-hosted webinars we already do that i have tons of learnings on why we don't do you already get a lot of attendees anyway oh you're good you don't need to do co anything, dude. We do the co-hosting one. I'm like, so we gave you all the attendees and you got us very little. So I'm doing all the work. What are you giving me? Yeah. So, okay. This one was cool. And then you can talk about your numbers because Neil gets a lot of attendees.
0:42So Adam Robinson, he does a good job with LinkedIn. He gets a lot of reach and he runs retention.com, which is like B2B enriching tool. Yeah. It tells you when someone comes to your website, well, who they are, what their email is, all that stuff, right? We help brands grow their email list. And so I did one with him, 9 ,000 people registered and about six or 700 people showed up, about 550 concurrent was the highest, which is pretty good, right? Most of the time, the attendees are 90 % founders. And this time it was 50 % founders, 50 % marketers. So I was like, oh, that's kind of cool. But point is that actually did well because we asked them to email afterwards and that got us like 15 to 20 qualified leads for the LinkedIn ABM tool that we have.
1:25And that thing, that's a whole other conversation. Like that thing this week is like, it's been like really productive. We'll just call it that. So that's awesome. Yeah. But point is webinars work really well. And actually Neil turned me back on to webinars. Let everyone know that he turned me back on. We've been doing them for years. What time do you do your webinars? Usually at nine or 10 a.m. Pacific. Do them earlier. You should get better attendance. Yeah, you're always doing it earlier. Like I watch your Instagram lives where there's like 100, 200 people watching and I always like leave weird comments.
1:54but yeah you don't see it so yeah no try them earlier because if it's if you have 6 000 registrations that's amazing 600 is a low 9 000 9 000 registrations yeah that 600 600 live at a low show up rate because what's your show up rate uh 20 30 percent yeah yeah more than 20 percent that's high but it used to be pre-covid or around cove like if we get 12 000 registrants we'll have like four to six thousand show up and see live that how big is your email list now two point something million. When's the last time you cleaned it? Every month. Oh, wow. So it's really compounding. Yes, but we do them so often and we're getting more specific with our topics.
2:34Like if I do a webinar topic, like how to do SEO with little to no money, I'll get like, I haven't done that topic. I've done one with lower budgets. But if I, if I had a topic on like how to do SEO when you have no money and rank on page one, I'm making all the attendees. I'll get like 40 to 50 ,000 registrants. I'm not joking. And I'll do an email blast a few times and promote it on social to help boost the numbers, but then I'll generate zero revenue. But on the flip side, when I'll do a webinar presentation on like the AI ready CMO, not as sexy because a lot of people on my list are also startup people or founders, right?
3:11A lot of them are also CMOs or VPs or managing directors. Don't get as many registrants. Same like if I do one on like how to maximize Google Analytics 4, right? And just talk about, hey, all the changes that you could be doing with GA or the new GA that's been around for a while. Not going to get too many registrants. People just don't care. But the people who do register, they're more likely to be customers. So our registration numbers have been going down, but we've been more picky on the topics, not for a total number of registrants, but to try to appeal to our ideal customers. And then we look at what percentage of our registrants come from publicly traded corporations.
3:49We optimize for that percentage. Yep. And what we do after is we'll look at the entire list and we might enrich it with like Apollo or something like that. And then we'll reach out, we'll reach out to people that seem to fit our ICP and say, Hey, look, you missed the slides over here, right? Or saw that you missed it, you know, here are the slides and, you know, feel free to, you know, if you guys want to chat on marketing, blah, blah, blah. Right. And that works pretty well too. You guys do the same thing, right? Yes. And our overall goal when we do a webinar is to get 20 % of the attendees from publicly traded corporations.
4:17We haven't hit 20 % yet. Sometimes we'll get closer to like 15, 16%. Keep in mind, if we get 10 ,000, 12 ,000 registrants and 15, 16 % are publicly traded companies, a lot of times you'll have six, seven people, eight, nine, 10 people, 20 people from one company that are in the marketing department. Because some of these organizations have tons of people in marketing like 500 or a thousand, but we count that as, you know, call it six or 10 people or whatever it may be from publicly traded companies, even if they're at the same publicly traded company. Um, but we're just optimizing for percentage of signups of people who are at publicly traded companies.
4:56And we do one, we try to do one per week. How many are you guys doing? Well, we don't do that. We do two per month. Two per month. Okay. So bi-weekly. And we cap it out at that. And we just focus on being very picky about what the topic is versus doing quantity. We went as far as doing almost one a week. And we found that we got better results when we're really picky about the topic and we optimize for our ideal customer. I want to take a second to tell you about my podcast co-host agency. So NP Digital, so Neil Patel Digital, what they do is they do a whole host of marketing services and they are global they're worldwide they have smb services as well they have mid-market to enterprise services as well they cover the entire gamut so you can just go to mpdigital.com to learn more about it and now back to the episode i think what we're trying to get at here is events matter events do well whether it's an online event or like an in-person event or a private event like even a dinner is like a private event like they work well because you're building relationships at the end of the day yes yeah all right guys so that is it for today please don't forget to rate view subscribe Go to marketingschool.io slash agency.
6:03I think the price right now is$1.99 or so. It's a seven-day free trial. We're bumping it up to$3.99. So depending on when you listen to this, the price might already be at$3.99. So that being said, goodbye.
