Webinars are an incredibly popular lead-gen tool in most marketers’ toolkits. However, times have changed (and viewer attention spans have changed with it). Rather than try and force your audience to show up on time for live events and stay for a full hour (ain’t nobody got time for that), it's time to consider delivering content they can watch anytime they want (just like their Netflix experience). We're talking on-demand video.
Now I know “on-demand” is an all-the-rage word as of late, but I really mean it. When is the last time you showed up for a live event or watched a television show on time? Can you even remember? I can’t. (Except for that time I bought expensive tickets to Wicked.) Now you can bet I’m showing up on time for that, because I paid for it. But if it’s free, my pulled-in-one-million-directions brain is going to forgo the things that aren’t urgent (or costly) – which means all those webinars I signed up for are lost conversions for the marketers who run them.
By thinking and delivering on-demand content like Netflix, the power is put in the hands of your audience to consume on their time – giving the audience edu-taining content to watch when they feel like it and giving us the ability to collect more leads and product sign ups than demanding live events.
Webinars vs. on-demand content
Now as a marketer at Unbounce, I also realize that webinars are a very powerful and well-used channel. Webinars were our bread and butter for a long time, as they are for many other marketing teams, but the shift in attention spans and the way marketers consume content (both professionally and personally) means that we tried to adapt our video content with it and saw great results when we launched The Landing Page Sessions in 2015.
We bounced around the idea of producing pre-recorded videos for our audience, which we saw as having a few benefits over webinars:
- They give you more time to focus on high production value and fancy video editing
- They allow the presenter to talk on-screen directly to the audience, as opposed to (less human) full-screen webinar slides
- They relieve much of the stress caused by technical glitches associated with live webinars
- They’re a great way to focus on showcasing your product with explainer videos and demos – showing spectators why they should buy your product
- They have the potential to bring in leads and product signups for months without much active effort after the initial launch. No more breaking your back only to rely on the ROI of a very specific time slot
After all was said and done, this one series with 12 episodes has become an ongoing source of leads for us and brought in 87% more product signups than our webinars over the course of four months. Can I get a “heck yeah!”?!
The Landing Page Sessions was built with the goal of showcasing our product, Unbounce, in a way that was valuable to viewers and great for explaining the use of landing pages. During each episode of LPS, Unbounce co-founder Oli Gardner breaks down a full marketing campaign from start to finish and all the videos live on their own microsite where they can be accessed all day, every day.
This is a big change from traditional webinars which, as you probably know, include registering for a live event that largely entails 1–3 people chatting over a slide deck for about 30–45 minutes. Not exactly entertaining, but some companies pull them off really well. The problem for us was that while our webinars were well-produced, they had a declining registration rate and, subsequently, attendance rate. As you can imagine, this also lead to a declining amount of leads and product sign ups. The shift to on-demand content was intimidating, but we were pleasantly surprised. There is more work up front with pre-recorded content, but then it lives forever and you can drive as much or as little traffic to it as you want. Let’s break down some of the key benefits of using on-demand content over webinars.
3 benefits of on-demand content
1. Avoid technical snafus that go into running a live event.
A big win from switching over to on-demand content is that we avoid the technical snafus that can often happen in live content. With pre-recorded content you don’t have to worry about GoToWebinar going down, mics going amiss, ill-fitting slides, or power outages.
I used to run webinars at Unbounce when I first started, and I can’t tell you how many near-heart attacks I almost had because of the technical glitches with live events. Ain’t nobody got time for that.
We used pre-recorded video hosted with Wistia, and aside from avoiding live technical glitches, we were also able to optimize our video as we saw fit without the pressure of only getting one go at it. We would adjust our turnstiles and call-to-actions based on real-time stats, like average watch time and which of the episodes were most frequently clicked on.
2. Create more areas for conversion opportunities (turnstiles, overlays, and demo requests, oh my!).
And speaking of optimization, on-demand video also gives you the ability to create a ton of opportunity for conversions that's otherwise pretty limited with live events (because you only capture when you collect registrations). There are sometimes opportunities post-webinar, but at Unbounce we’ve seen a pattern emerge: most people don’t convert after watching. They often sign up to get the recording but don’t end up watching that either, so whatever post-work you do can often be fruitless. Bummer.
With LPS we capture leads through many different avenues, including:
- Wistia (lead-generating) turnstiles on each individual episode;
- An exit overlay on the homepage of the show to remind people to sign up for new episode notifications;
- A landing page where we collected submissions (to be featured on the show) before, during and after the season went live;
- and through a call-to-action to start a free trial of Unbounce at the end of every episode.
These were all things we couldn’t have done (or done very well) with live shows before, because there just wasn’t room. And if we were putting all this effort into running a show, why shouldn’t we see a good return on it?
Now, with all this space for opportunity to convert, you still have to be careful you’re not being a marketing jerk. It’s easy to overwhelm the viewer, and we experienced that first hand because we were a little “conversion-happy.” Remember that there are people on the other end trying to watch your awesome content, so try and place your calls-to-action strategically so they aren’t overwhelmed, and then subsequently bounce. So play it cool, folks, but take advantage of all the room for activities!
3. Create content with higher production value (even if the costs are relatively the same!) that people want to watch
And finally, your production value can be a lot higher (even with a budget that’s the same as what you were running webinars with).
Here are a few takeaways about how to build your own high-quality, on-demand production without it feeling daunting:
The draw of webinars are not after they’ve happened, it’s during (as much as we’d like to believe our webinar recordings provide a ton of value, the fact of the matter is that they often don’t). Take what you know people like about those webinars and build that into your pre-recorded productions! If you’ve run a webinar, for example, where people really liked when a guest dissected email copy, create a short series around that topic.
Listen to your audience and ask them questions about what they’d like to see, then do it. Crowdsourcing is definitely underutilized, and sometimes as marketers we can over-complicate a situation. The easiest thing to do when deciding on new marketing channels is to ask the opinion of those who already love you. I learned this when I sent an email last year just asking “What do you need to get more out of landing pages?”, rather than assuming I knew what everyone’s issue or need was. And the result? I found myself a little surprised by some of the answers, and I was able to craft that into some stories for the show.
Create a production schedule and stick to it. Nothing is worse than putting more effort in than necessary for little to no return (this is the danger of on-demand content, and I get asked this a lot: "When are you done?"). Giving yourself a schedule allows you to build better productions without perfecting them until the end of time. For the landing page sessions, it took us about 3–4 months to build, promote, and release the season, for example.
And finally, a pro-tip: If you’ve got something to show off, do it! Showcase your product! Pre-recorded video is a great way to do that without having the pressure of a live demo.
A new era of content production
All this means that you can get more conversions with on-demand video because it puts the user first. On-demand video lets the consumer watch what they want and when they want – and that’s the whole point, folks. People who watch on their own time are more likely to convert because they’ve taken a vested interest in seeking out (or saving your content) to watch at a time that suits them best. This means they're already in a position to find more value in what you’re serving up, and reduce friction to converting. So you can create a high-quality production that takes the stress out of those live events and serves up highly relevant calls-to-action for highly motivated watchers. A match made in marketing heaven!
Wanna know a little more about our results?
Crunch the numbers
Compared to Unbounce webinars that were run over the same four months that The Landing Page Sessions was running, the landing page sessions had 41 more product sign-ups than the approximate 4 webinars we ran at the same time (47 product sign ups vs. 88 product sign ups). The Landing Page Sessions also brought in close to 2500 leads in that four months as well (which blew what webinars would usually bring in out of the water). Initial effort was higher for LPS, so that needs to be taken into account, but webinars are not consistent in their results month-to-month, either.
This really highlighted a point that Wistia preaches – people like to watch a video before they buy a product. We showcased Unbounce and made it clear how landing pages can be valuable for anyone’s marketing campaigns by breaking them down and seeing how all the pieces drive to them for optimal conversions.
My learning: Running continual seasons of LPS (now that we’re off the ground) will be more valuable and less effort in the long run than running monthly webinars, based on the combined effort and return on investment.
Additionally, because this content is pre-recorded, we have a ton of ability to milk it for all it’s worth and give it life even months after it’s debuted.
Optimize, optimize, optimize!
On-demand content can live forever. This means you can continue to drive conversions much longer than a traditional live production recording. The conversion opportunities aren’t limited just to where you can add more, but the time period in which you find them!
Things we’ve tried to do with LPS that you can try too include:
- Continuing to drive traffic to your page and build social hype – leads beget more leads!
- Using some paid traffic (Outbrain/Taboola) if you have budget to attract fresh users (but be targeted about it). You want the new watchers to be just as interested as your current audience.
- If you collect emails, create a nurture campaign to talk to those people based on their interests and needs. Continue serving them relevant content, like an ebook or bonus episodes if you’ve got more footage!
- Using social share buttons throughout your video (or on the landing page that it’s hosted on) with relevant and unique hashtags. If people like what they’re watching, they’ll share and drive more traffic back to your site through their own social channels.
- We keep our submissions page for the show live all the time to encourage people to submit pages for critique 24/7. And we still get submissions daily even though we haven’t finished our second season yet. This is great because it continues to list-build if you do a show where you can crowdsource content, and you can talk to them so they don’t go cold before the next show.
And don’t forget to keep an eye on it! If you notice that there are opportunities for improvement with what you’ve got right now, test them out. There’s an ease for testing with on-demand content because you aren’t pressured by a live time box. Things we’ve tried with LPS include gating specific high-traffic episodes, driving more traffic to a high-performing episode through specific paid channels that have done really well, and using The Landing Page Sessions as a nurture tactic for nurturing our subscribers into qualified leads.
So when’s the next episode?
We are going to be working on a season 2 this quarter and are experimenting with things like:
- Releasing all the episodes at once instead of dripping week over week (this will reduce effort on production/promotion and satisfy the binge-watch culture of our consumers, while letting us sit back and relax)
- Creating a version of LPS specifically for customers (ungated and used to create some evangelism in our community)
- Optimize the request-a-demo portion of the site and ensure a smoother episode-to-Unbounce journey
So remember, don’t be afraid of trying out on-demand content in a webinar-soaked world. It can actually generate some long-lasting conversion channels with a higher production value and less effort. If you’re interested in doing some on-demand content, take a gander at what we put together at unbounce.com/lp-sessions.
Take a page out of Netflix’s playbook and provide your users with timely content they can consume at their leisure, and watch the relationship bloom between your audience and your product. Now is the time to binge watch everything from cat videos on Youtube to your favorite marketing Podcasts, so don’t wait for anybody to register to give them what they need.
I'd love to ask if anyone has been experimenting with on-demand video for your own lead generation strategies and, if so, how are you using data to support when people convert best using turnstiles, in-video CTAs or otherwise?
I have tried it, but I think results are very audience dependent. My target audience were CEOs (and C-level execs) of larger companies and they don't seem to have any patience for video. They want to browse / scan. When I discovered this preference I added text to the video so they could play it on fast forward and still get the gist. That led to a slight uptick in conversions. All in all, video doesn't work for me. Or maybe it's me not working for video! :)
Hey there! Yeah, you're totally right. It's all about knowing your audience. For us, it was different because we knew we were looking at a lot of intermediate/senior marketers in medium-sized companies who loved to digest content in video form. But I love that you added captions to make your video more personalized for CEOs - fantastic idea!
I've tested on demand demo video of software product (vs. signing up for a personalized and guided demo) and I got a 30% boost in conversion rate. I think people nowadays are impatient and busy.
Hey Chelsea! I have found that nowadays people are shifting or giving much focus to on-demand content, and I am just thinking to focus on this but it will take a lot of time and effort.
Hey Shalu! It will, but it won't differ much from the live productions you might be running already. We found that there was definitely some more up front work, but the results that come in afterwards (and can continue to come in, unlike webinars) are totally worth it. Again, every company/team is different but I'd encourage you to test it out! If it's not for you, then hey, you learned something, right? :)
Thanks for this article, Chelsea. I think that another thing you can do as a benefit for your on-demand content viewers is provide them with a short e-book, comprising the key points of the lectures.
Hey Stacey! Great idea! We repurpose a lot of our content at Unbounce in many ways across different platforms, but turning some of our video content into downloadable takeaways might be really sweet for our watchers. Thanks so much. :)
Maybe you could later write another post here to let us know how those takeaways worked out for you :)
That's a great idea. I'll keep in touch. :)
Great article- I think releasing the content on an on-demand status really increases your brand and value to your customers.
I assume you recorded your webinars and uploaded them? How did the number of views change once you switched to on-demand. It seems like people are more interested in watching videos intended to be watched any time, rather than re-watching the webinars post session? I always have the feeling that I already missed it, so why bother.
Hey Igor! The beauty of The Landing Page Sessions was that they truly weren't webinars. When we decided to go on-demand, we veered totally away from webinars because we already had data to show us that our audience wasn't watching the recordings either. They weren't engaging - we wanted to bring our product and more entertainment value to our next production, so that's exactly what we did. When we switched to on-demand our views went up initially and then levelled out after the first season premiered (which was to be expected). But the great thing about this kind of content was that we got way more views over time on our episodes compared to webinar recordings. This gave us more of an 'evergreen content' strategy. Your sentiment about watching the recording was exactly why we decided to make shift in our strategy. :) Thanks for reading!
This is fantastic Chelsea! Great article...love the system you setup and will be implementing something similar very soon for our agency. Cheers!
What an amazing strategy! Never thought of this, and quite frankly never saw an example around the web.
This just opened up my mind for a new lead generation channel for my upcoming fitness product. Cannot thank you enough Chelsea!
And since I've spend the better part of 2016 with a camera in my hands, and then within the magical realm of Adobe Premiere Pro where I was on the brink of loosing my wits (Premiere Pro can do that to a person), here are few tips:
1. Quality video production is not as scary as it seems. Here is the deal... My friend and I (both working on the product) had to learn many things video-production-wise for a month. And if this can be an encouragement, our education was mainly consisting of watching YouTube videos.
Some DIY knowledge and we made a huge 3 point lightning setup (light simply makes all the difference) that gave studio quality to our footage. The camera we bought, and I'm not joking, was Nikon D3200. We borrowed another one for multiple angle footage too (smart combinations can give you infinite angles to shot and edit later). Looking back in retrospect, the whole process from total "I-don't-know-what-to-do-next-should-I-buy-a-camera" dummy, to "oh-this-is-quite-fun-let's-play" attitude took less than two months. And a thin budget covered everything nicely. So let this be a pat on the back for those of you who are scared that it might cost a fortune and be super hard to figure out.
2. The learning curve is quite steep with a quick increment of skill. Once you start filming, you will come up with million ideas. And it keeps building its own momentum. Eventually, you might end up expressing creatively far better than what you could with words. Prior to filming for our product, I've never held a DSLR camera in my hands. Fast forward few months of tinkering around with one, and we've ended up with 10+ hours of edited and polished footage alone.
3. Video production opens so many doors and possibilities. It's very liberating when you learn how to wed raw video footage that initially doesn't make much sense on its own, with music and narration. Even more so when you find gigs on Fiver that produce studio quality voice-overs for 5$ a piece (piece sometimes meaning up to 450 words... I know, I know, you'd have to look and search for these). It's like Chelsea said- once you get the hang of it, wheels are spinning and next thing you know a 24 minute video comes ready, out of the blue.
4. This skill of learning video production is a must for SAAS businesses, and can help a ton with onboarding. Our fitness product being a SAAS video footage becomes a valuable asset for onboarding. Free trial lasting for 7 days, I've already put together short (1 minute) video lessons dispersed throughout the platform, in order to reassure users, familiarize them with product features etc. So learning this production skill pays dividends across multiple projects and stages respectively.
The idea you've shared sounds so exciting to me! Since I have extra footage, with very little work (Hey, I sleep and eat in the Premiere Pro interface) these short episodes can go on giving various advice on fitness and health in general, and then narrow down on lessons about cardio, ab moves, how to avoid fatigue, overcome bad mood and break a sweat etc.
Only concern I have is traffic. We have a lifestyle blog with a category for reviewing fitness products, but what else can be used for attracting viewers? Probably will have to experiment with paid advertising and see how that goes...
How about YouTube? As far as I know it offers the ability to control and insert CTAs, and you can make a playlist with episodes as well.
Fantastic article! You're deffinately right, it is all about knowing your audience! I've always found this when working with clients in our company. This was a great read :)
We have been advised by a media agency. We are informed that the short videos are more welcome precisely because of the little patience that people have to receive passive TV advertising.
Ten seconds are the ones that inform us that it is the best strategy of conversion of publicity videos.
Let's try it and we'll tell you!
Hi Chelsea!
First of all, really, really nice post, I've made several webinars and the main problem is exactly what you said: Lots of registration but then only 25-35% of attendance.
On the other hand, when I do a registration for a webinar, the most of time it's not for watching it live, it's for watching the replay several days after.
So, yes, your post makes the difference, I'm going to try next webinars with this method, thanks a lot ;)
I'm a small business owner, and a webinar to sell my local cleaning service was never a good option anyways! I am going to be adding a testimonial video to my site soon, an "on-demand" video so to speak, which I think will help build trust.
That's a great idea, Caleb! People like to watch a video of your product/service before buying and it's great social proof when you use a testimonial in there. Good luck! :)
Great info about netflix strategy and I have a doubt in this actually what is that option to unbounce for 30 days ?? what purpose it is for ? can you please explain ?
Hey Edward! Not sure if I understand your question completely. Are you asking why we offer a trial of Unbounce free for 30 days?
Our webinars also contain a Q&A session at the end, which obviously allows our audience to get involved and ask questions which they might not normal ask in an Email/on the phone. Did you ever use Q&A in your webinars, and if so, how have you addressed this in pre-recorded sessions now?
Hi there, CJ! Yup, we used Q&A but towards the end of our regularly scheduled webinars we found that there was a real lack of interaction. More people would engage with us on Twitter. So, we started using a dedicated hashtag around the pre-recorded Landing Page Sessions and got some great conversations going online (#lpsessions)! Additionally, I would send an email each week when we'd release new episodes during the season, and people were really interested in talking to me through that medium as well. I'd get a ton of responses and I'd respond 1:1 in email. :) It's all about just knowing what your audience likes and how they'd prefer to learn/communicate.
On-demand and gated content it so important to lead generation, but I've found most success by working with third parties to really drive traffic to that content. There's nothing better than having a webinar that you can roll out time and again.
But saying that there is something about a live webinar that's more appealing to me. You get to create a sense of urgency in the promotion, the audience can interact with the hosts and guests. that's a bit like what sports fans experience with sport - if they don't watch it live it's not the same, even if they don't know the results but it's already a past event.
Hey Simon! Both your comments are absolutely correct. We continue to have the opportunity to drive traffic to LPSessions because it's engaging and entertaining.
Don't get me wrong, webinars still have a TON of value for those who do them well. For us, it was that we were watching our audience mature and grow with technology, and so we decided to switch it up a little more with them. But we still run webinars because we get the value of what the provide too. We recently ran one for our newest product, Convertables, at Unbounce and we had great results for that (but there was urgency around our new product and a real need for some slide-deck-learnin').
Thanks for your comments!