Transcript
A (0:00)
Well, hello, hello, my ambitious friends, and welcome to 2000 Books, where we bring you the most important actionable ideas from the world's greatest books for ambitious entrepreneurs. And I'm your host and former computer engineer turned entrepreneur, Manny Laya.
B (0:15)
All right, well, hello, everyone. Today I have a very special guest. His name is Jason Fladlian and he's author of the book One Too Many, and it's all about creating killer webinars. Now let me give you some perspective as to why I chased down Jason to come on this interview. You, you, you guys all know me as a 2000 books guy, and I've. There was a time in my life when I was reading a book a day, Jason. That was a crazy time. Like, I literally read over 15, 1600 books at this time. But there was a time when I was reading so much and it was so much fun. But last year, I read two books cover to cover, back to back again and again and again, because there was only one thing I really cared to figure out, and that was webinars. Like, no matter what, I had to figure it out. And of course, your book, like, your book, keeps coming up as one of the best. So it is the best. You are the king of webinars. You're the goat. So I'm so happy, so excited to talk to you about webinars that literally taken our business to the next level like nothing else. So I'm a fan, man, and I'm
C (1:19)
a fan of reading books. So it sounds like a match made in heaven.
B (1:22)
Yeah, man. Let's dig into it. I mean, for those of you, for those of, for all those who are listening and who are kind of maybe new to the world of webinars. Let me, let me. Maybe you can tell us why a webinar is such a strong sales vehicle compared to almost any other modality of selling today in online work. And it goes up and down, but I still, me personally, I'm, I'm a fan, so. But I'll let you tell us about it.
C (1:51)
Yeah, I think there's no more efficient method of selling in mass than a webinar. And I have to qualify that a variety of ways. There's, there's effective and then there's efficient, and then there's a cross section where how do we get the massive effectiveness and efficiency and sacrificing as little of each as possible, right? So the best way to sell anything is one to one in person, highly effective, highly inefficient. On the other side of things, the best, most efficient way to sell something is one to many, completely impersonal. So you write a sales letter or you write something, some form of advertising, and then you don't ever have to interact with your audience. And then they can buy it in mass. The problem with that is because it's not very effective. Your conversion rates are low. You typically can only sell certain products that way. It's hard to make those products profitable. I like webinars because we can get the best part of the market. So 20% of a market will spend 80% of its dollars. We can get them and we can communicate to them in a way that doesn't take weeks or months to go from cold to sold. It can be hours. So we don't need such a complicated setup of different things. So it has the power of almost one to one, but it has the efficiency of an, of a one to many mechanism. And it doesn't have the general gestation period, if you will, of waiting and having multiple touch points and, you know, dating for years before you get married, that kind of a thing. And I'll tell you the number one reason why I think it works so well, at least the webinars that I do is it's predicated first on value. The premise goes as follows. If I can show you what it's like to be my customer before you have to pay money to be my customer, then I'm more likely to get you to be my customer, provided that I can really wow you. And most advertising is, I don't know if I'll like you or not. Here's some money. Hopefully I will. So the, the risk is on the consumer. We try to shift the risk to us. If I can bring the goods and give you a taste of what it's like to enter my world, and then if you want to continue to go further in my world, you can pay me money at least. You're making a decision based on something that has already happened that was good for you as a customer. And that's more comfortable for me. And it seems to be more effective in terms of persuasion, showing what somebody says, showing the value in advance, and then asking for them to invest in more value. Customers make better decisions. They're happier with the decisions they make. And so the webinar is a way in order to do all of that, provided of course, you can do that, which is the other reason I like it. A lot of my competition doesn't want to do that. They look at it as too hard or too much work, even though it isn't that's just their read on it. Right. And so they're lost my gain. So it's a thing that appears very hard on the outside looking in that actually isn't. So a lot of people stay away from it or they use it incorrectly, they take too many shortcuts and they don't understand what they're using. And so those of us who are willing to do the work and figure it out and follow the right model, we own the markets because we can offer something to the market nobody else can.