6 Incredible Benefits of Virtual Summits

They have long been a popular choice for online marketers. But if you are wondering why everyone is suddenly hosting (or participating in) virtual summits, here’s what you need to know.

      I. They make money. Even a free summit has the power to add to your bottom line through “back end” sales. The ability to market to new subscribers again and again means you’ll continue to make money from your summit long after it’s finished.

    II. Audiences love them. With the option to tune in and learn from a wide variety of speakers, it is no wonder people are quick to register for virtual summits. Even better, if your guests generously offer free gifts to attendees, they will find even more value in your summit.

   III. They grow your list. Yes, your virtual event will likely be free, but like any good giveaway, an email address is required for participation. Because you are hosting a multi-person event, though, you’ll be in front of many more eyes than normal, which has the power to add hundreds or even thousands of new names to your mailing list.

  IV. They make you an expert. Even if you are relatively new to your niche, simply by surrounding yourself with experts you will gain instant expert status. You can leverage your new status to gain interviews, speaking engagements and more.

    V. They create long-lasting connections. While you might not have a lot of connections now, the guests you invite to participate in your summit will likely become long-term partners and friends. You’ll be able to reach out again and again with new product launches, JV (joint venture) opportunities, and other business building fun.

  VI. They offer an opportunity to give back. Got a charity or cause that is close to your heart? Consider donating the proceeds from your event. It is a great way to help others while growing your own business.

These are just six of the many amazing benefits of hosting a virtual summit. They really are one of the best ways to grow your business free, and while they can be a lot of work to plan and execute, they are worth the time investment.

David Breth is a loving husband, father, and a successfully avid entrepreneur. He has impacted the lives of countless entrepreneurs/business owners with his dynamic and methodical coaching/consulting. Breth specializes in revealing hidden assets within struggling and even thriving businesses. Click here to connect with David!