Teleseminars are conducted over the telephone and are a way to perform a group call to talk about something important in your business. You can do teleseminars inexpensively and easily, using technology you already have. They are a great way to build relationships with customers you have and to attract more customers, too.

1. Make More Money – Anything you can do to add another income stream is a great idea. You can charge for teleseminars or you can promote a product or find sponsorships to help you bring in another stream of income.

2. Improve Your Image – If you want to build authority, teleseminars are a fabulous way to do it. You can show what you know by talking to movers and shakers in interviews, or just talking about a certain topic, or by conducting a Q & A session.

3. Build Your Email List – Conducting teleseminars is a great way to build an email list fast, especially if you conduct them for free or very low cost. Building an email list is an essential part of doing business online, too.

4. Slash Customer Support Costs – A great thing to do with teleseminars is to offer them to existing consumers who have purchased your product. This is a good opportunity for anyone who purchased to ask you questions live and learn how to use your products to their fullest potential.

5. Generate Another Income Stream – As mentioned, charging for teleseminars is a great way to start another income stream. Having one teleseminar per week with 20 to 40 people in attendance for a cover charge of just 5 dollars can increase your income by $100 to $200 a week for just one hour of work. What’s more, you can use a service like Instantteleseminar.com to replay as live any event.

6. Teleseminars are Inexpensive – The technology involved with teleseminars is inexpensive compared to other types of event software. Plus, it’s much less expensive that other types of live events due to no need to rent space.

7. Perfect for People Who Hate Selling – If you’re nervous about a live event because you don’t like selling, there are no worries. You should not sell at a live event at all. You should seek only to provide information and education to your audience.

8. Create Information Products – You can use a teleseminar to create an information product. Transcribe the event, add to it, or bundle a recording of a teleseminar that has a lot of information into another product.

9. Create a Joint Venture – Teleseminars are a good way to attract other people who are movers and shakers in your niche to form a joint venture partnership for more teleseminars, or for projects that include teleseminars. The more people you have to help, the less work and the more guests you’ll get.

10. Promote Your Products – While you don’t want your teleseminar to be overselling, you do want to use the seminar as a way to promote your other products, including yourself. For example, if you would like to speak at live events, a great way to start is with teleseminars, then webinars or Google Hangouts, and finally in-person events.

Adding teleseminars to your schedule can improve your business exponentially. You’ll make your audience feel more connected to you, and build stronger relationships that help you get real results in your business over time.