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Webinar Marketing Does Not Suck

Webinar Marketing Does Not Suck

Released Wednesday, 17th April 2024
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Webinar Marketing Does Not Suck

Webinar Marketing Does Not Suck

Webinar Marketing Does Not Suck

Webinar Marketing Does Not Suck

Wednesday, 17th April 2024
Good episode? Give it some love!
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Episode Transcript

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0:00

This week , as I was scrolling through my

0:02

Facebook feed , I came across

0:04

a comment by a seasoned estate

0:07

planning attorney who uses seminars

0:09

to feed his practice . Now

0:12

, you may be like this fellow , or

0:14

you may have been down that road and got a

0:16

little panicky over the high costs

0:18

of printing , mailing and advertising

0:21

to promote a successful

0:23

live seminar . Mailing

0:27

and advertising to promote a successful live seminar . So you know , it wasn't really the

0:29

fact that this guy was a seminar jockey that caught my attention . It was

0:31

his next statement , and

0:34

I quote I have found webinars

0:36

to be a dismal marketing strategy

0:39

, total waste of time and money

0:41

. If you've heard

0:43

or read this from your colleagues , let's

0:46

talk about why that is such a dangerous

0:49

, though popular , myth . Welcome

0:52

to this week's episode of the Marketing Lawcast

0:54

, where we dive into the strategies that

0:57

help your practice not just survive

0:59

but thrive . I'm your

1:01

host , jennifer Goddard , ceo of Integrity

1:03

Marketing Solutions . Today

1:05

I'm talking about a topic close to my heart

1:07

and crucial for the growth of any

1:10

estate planning or elder law firm mastering

1:13

digital marketing . Let's

1:15

get clear on one thing first Webinars

1:18

are one tool in your law

1:21

firm's digital marketing toolbox . They

1:23

are not the end-all and be-all of

1:25

digital marketing and of course they

1:28

come in lots of different flavors . Some

1:31

people do a live webinar every week

1:33

, use on-demand webinars . Some

1:36

webinars are entertaining and compelling

1:38

and some are dry

1:41

and boring . So

1:43

if someone tells you that webinars are a

1:45

dismal marketing strategy , I

1:48

encourage you to filter that statement

1:50

and read the subtext . What

1:53

this fellow is really saying is my

1:56

webinars didn't work well for me

1:58

, so I went back to what

2:00

I know , which is seminar marketing

2:03

, and of course seminar

2:05

marketing has been around for decades . My

2:07

first role as a marketer for an estate

2:10

planning law firm was focused

2:12

exclusively on seminar

2:14

marketing and that was back in 1995

2:17

. I understand

2:19

how powerful seminar marketing can be , how

2:22

powerful and even innovative it

2:24

was back in 1995 . We

2:27

just accepted the high costs of printing

2:29

, mailing and advertising

2:32

and the high risks of investing

2:34

in a seminar and the anxiety

2:36

of making sure we got a decent return

2:39

on that investment . We

2:42

just accepted the bargain shopping prospects

2:44

, the feast or famine lead flow

2:46

, because back

2:49

then there was no internet

2:51

. We were pioneers

2:54

back then , breaking away from that referral-only

2:57

strategy that locked most small

3:00

firms out of the best

3:02

estate planning referrals . It

3:04

was a good old boys club back then , with

3:06

the best clients snapped up by

3:09

long-standing players who wrote mostly

3:11

wills and raked in riches

3:13

from probate . Do you remember

3:16

those days ? We were

3:18

all considered mavericks for bringing

3:20

estate planning to the masses with

3:23

free live seminars

3:25

. In fact , I

3:27

remember being a little worried way

3:29

back then that the local

3:32

probate lawyer would file a bar complaint

3:34

against us . It was that

3:36

new , it was that unthinkable

3:38

, that disruptive . But

3:41

that was 30 years ago . Today

3:44

the internet breaks all those barriers

3:46

, letting us reach more people faster

3:49

and across more distance than

3:52

we ever could with a live event . Don't

3:55

get me wrong . I'm not saying that

3:57

you should never conduct a live seminar

3:59

, but consider

4:02

this I have a client

4:04

in St Louis who did and

4:06

still does live seminars

4:08

. It's very successful prominent law

4:11

firm . Chances are you know of

4:13

them . But a few

4:15

years ago he got curious

4:17

. He wondered if he could

4:19

be even more profitable if

4:22

he mastered online marketing

4:24

. So he came to us

4:26

and we worked with him and

4:28

his terrific staff to

4:31

redesign and optimize his

4:33

website . Then we

4:35

launched a webinar marketing campaign

4:38

. In less than one

4:40

year his first year with us his

4:42

revenue grew by 62%

4:45

. I'm going to

4:47

pause a moment to let that number sink in

4:49

. I'm going to pause a moment to let that number sink in . That's not

4:51

62% growth in a small

4:53

startup firm going from 10,000

4:55

to 16,000 . That

4:58

is a multiple seven-figure

5:00

law firm adding 62%

5:03

revenue growth in less than one year

5:05

. That's

5:08

without hiring more attorneys , that's not even hosting

5:11

more live seminars

5:13

and

5:20

it's not investing hundreds of thousands of dollars . It came

5:22

from redesigning and optimizing his website so it ranks well for high intent local

5:25

searches and converts visitors

5:27

into initial consultations

5:30

. And it came from

5:32

developing a single powerful

5:34

webinar and designing a

5:36

marketing campaign that gets people to

5:38

watch that webinar and book

5:40

a call afterward . Imagine

5:44

the leverage and

5:46

initial investment in building a system

5:48

a little fuel every month to

5:50

keep it running and it delivers

5:52

three to five qualified

5:54

leads on the daily . They

5:58

could stop doing their live

6:00

events altogether . Overall

6:04

revenue would probably drop but

6:06

the margin would go up . But

6:09

they don't have to quit doing live events

6:12

. They have a good

6:14

system for running them . Their

6:16

live events deliver good leads

6:18

and the firm is pretty well

6:20

known for their entertaining and in

6:23

fact both strategies work well

6:25

together . The

6:30

firm gains name recognition

6:32

from their webinar marketing and

6:34

that probably drives some registrations

6:37

for their live events and

6:39

if someone is curious about the live event

6:41

they may pop in and watch the webinar

6:44

first . You see , relying

6:46

exclusively on referrals

6:49

or live workshops is

6:52

like looking at a bustling marketplace

6:54

from the sidelines . Yes

6:56

, these methods have their advantages Referrals

7:00

come from trusted sources and

7:02

workshops allow for that face-to-face

7:04

interaction but they

7:06

also have their limitations . Referrals

7:09

aren't scalable and referral

7:11

sources can be fickle , and

7:14

workshops can be costly

7:16

and sometimes they can attract clients

7:18

that may not fully align

7:20

with your firm's target demographic

7:22

. When I see

7:24

comments like the one from that fellow who

7:26

claimed that webinars are a dismal

7:28

way to market , I think it's so important

7:31

to set the record straight . Digital

7:33

marketing isn't just about throwing a strategy

7:36

at the wall and hoping it sticks . It's

7:38

about a sophisticated , comprehensive

7:41

approach to your law firm marketing

7:43

. Take SEO

7:45

, content creation , paid

7:48

advertising and your online

7:50

presence , for instance . These

7:53

aren't just buzzwords , they're tools

7:55

. Tools that , if used correctly

7:57

, can build a robust digital

8:00

presence that attracts and

8:02

retains clients . Attorneys

8:05

have problems and challenges and disappointments

8:08

when these tools are used

8:10

without a deep understanding

8:12

or a strategic framework

8:15

. I'm sure you can

8:17

relate to this scenario because it happens in

8:19

your law firm . Every time a prospect

8:21

calls up and asks how much do you

8:23

charge ? How much do you charge for a trust , you

8:26

cringe right , because

8:29

you know you need way more information

8:31

to decide whether this person even needs

8:33

a will or a trust , and

8:35

what the best strategy would be to achieve

8:38

their goals , which they

8:40

haven't even shared those with you yet

8:42

. It's the same thing

8:44

in digital marketing . Attorney

8:46

calls up and asks how much we charge

8:48

to do SEO or

8:51

run Google ads and

8:53

yes , there are plenty of agencies out there just

8:56

ready to take your money , promising

8:58

the moon and delivering nothing but

9:00

a handful of dust . They do

9:02

your SEO for $499

9:05

a month or they will run your ads

9:07

for free , just taking a percentage

9:10

of your ad spend . That's

9:13

not how we operate at Integrity Marketing Solutions

9:15

. When an attorney approaches

9:17

us wanting to dive headfirst

9:20

into any particular marketing strategy

9:22

whether it's webinars , seo

9:25

or paid advertising we

9:27

know that's just the beginning of our

9:29

conversation . We

9:31

use that question as the opening

9:34

to get to know more about

9:36

your firm's overall marketing strategy

9:38

, your budget , your staff

9:40

capabilities and

9:42

your expectations . We

9:45

won't just launch a certain strategy because that's

9:47

what you ask for . We want

9:49

any and every strategy to be fully

9:51

integrated into your broader marketing

9:54

ecosystem and in complete

9:56

alignment with your goals

9:58

, just like you wouldn't draft

10:01

a will without first assessing if it's

10:03

the right tool for your client . We

10:06

don't recommend strategies without ensuring

10:08

they fit your firm's needs . Digital

10:12

marketing is not a one-size-fits-all

10:14

solution . It's a tailored suit

10:16

designed to fit your firm

10:18

perfectly . So

10:21

let's shift the narrative . Embrace

10:24

digital marketing as your ally in

10:27

leveraging your time and your budget

10:29

, reaching and serving more

10:31

clients better , and

10:33

scaling your revenue without

10:36

working yourself to death . Remember

10:38

, the landscape of estate planning and elder law

10:40

is evolving , and so should

10:43

our approaches to reaching and helping clients

10:45

. Thanks for tuning into

10:47

the Marketing Lawcast . I'm Jennifer Goddard

10:49

and I look forward to navigating this digital

10:52

marketing journey with you . If

10:54

you're ready to really master online

10:57

marketing and reap the benefits

10:59

for yourself and your clients , let's

11:01

talk . You can schedule a free

11:03

call on my website at

11:06

wwwimsrockscom

11:10

.

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