A webinar is basically a seminar which is presented over the internet, or Web. Web seminars, web conferences and internet meetings are all synonyms for this new technology and are used in sales and marketing applications, to influence potential customers.Unlike webcasts, where the audience can only watch and listen, webinars are presentations where the members of the large audience can interact with the presenter via the internet. Hassle free and sleek! Webinars are used for a variety of purposes – internet-based meetings, remote training and one-to-one meetings sharing details over their computer desktops. Hosting such webinars require knowledge about specific software that configures the presenter and the audience’s computers for easy communication. Hosting of trade shows, seminars and other such events are undoubtedly an important component of any advertising plan, but they are very expensive proposition. Often, you can get the same exposure and market penetration by hosting online events, through webinars. While webinars will often take as much thought and planning as a conventional event, it does help cut down costs significantly. A little extra effort will help you reap the rich rewards of virtual conferences, while taking you out to an audience that you could never hope to reach before.