How to Make Money With Teleseminars

Do you ever wonder how those folks offering free teleseminars ever make money?

I’ll let you in on three secrets.

First, making money with teleseminars is a great goal...however, don’t overlook the importance of building your email list with teleseminars as well. Many people from all over the globe have registered for my teleseminars and continue to receive information and promotions from me.

Second, teleseminars are a great way to deliver good content that you can then repurpose (reuse) in other information products that you can sell. Here are just some ideas to get you started:

1) Record your teleseminars and post the audios in a membership only library on your website or blog. Members pay a fee to join.

2) Record your teleseminars and turn them into a CD that you can sell or send for free to people who will share their postal address with you. Gathering postal addresses is becoming more important as people are inundated with emails that they don’t open.

When you have their postal address, you can send direct mail pieces like postcards and letters.

3) Have your recorded teleseminar transcribed – you can then combine the CD and transcript and sell them as an information product. You might “beef it up” with additional bonus pages and reports.

4) If you have several related teleseminars or a multi-part teleseminar series, you can create several CDs with transcripts and create a home study kit. These can sell from $97 to $997 depending on the topic and volume.

Topics that are targeted to a very special niche are good candidates for the higher dollar information products. For example, you could sell a “time management for busy professionals” information product. If you instead created “time management for dentists” you’d command more money. You’d have to use their jargon and know something about the demands of their work to customize your content to them but you don’t need to be a dentist!

Third, teleseminars are a great way to gather information for a book or for a coaching group or a teleseminar series. Hold a teleseminar on your topic area and leave plenty of time for participant questions.

Have it transcribed and note your answers, in your words, to their questions. You find out what your audience’s concerns are, how you provide solutions and where you might need to do research to get more information.

Now you’re on your way to creating your next information product –the biggest secret is that you’ll want to create several products –once someone loves your product they WILL want more.