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There are three major benefit areas that can accrue from the use of web video conferencing for online meetings:

1.   Major time savings
2.   Dramatic cost effectiveness
3.   Extensive flexibility and adaptability in use

The discussion which follows focuses mainly on the benefits of ‘web video conferencing’ relative to face to face meeting requiring travel, simple ‘audio conferencing’ and the full featured ‘video conferencing‘ that requires major equipment investment that is affordable only to major corporations.

Typical web video conferencing requires investment of only a webcam equipped computer, an internet connection (preferably broadband) and access to suitable web conferencing software that enables the participants to mimic a face to face meeting.

Saving Time with Web Video Conferencing

Because web conferencing software is so easy to set up and use, dramatic time savings can result from even local area web video conferencing meetings.  Imagine conducting your local homeowners association, athletic booster club, or other organization meetings online.  Even those who are away can still participate in your meetings.   All the time and fuss associated with arranging the meeting location, setting up the equipment, arranging for snacks and refreshments and even driving to the meeting location can be avoided.

If you are a small business owner, real estate agent, sales agent or manager, imagine being able to connect with your prospects, clients in a real time virual meeting environment.  You could do it from your home or business office desktop, your hotel room, Starbucks, or even your yacht if you have one.  All you would need is your laptop and broadband access.

If you are an online business entrepreneur, you can easily arrange spur of the moment, or periodically scheduled meetings, training sessions and presentations with your clients, prospects or business partners regardless of where they are located around the world.

We all know that time is money,and that communication is key.  Time is there for the saving by using a good web video conference software system.

Save Money with Online Meetings

Aside from the ‘time is money’ benefit, the monetary expense of face-to-face meetings can be costly, particularly when people are traveling great distances to meet together regularly, or when the meetings are expected to run for hours and food is brought in to feed all participants.

If you must rent a large hall or conference room, the expenses can be astronomical. The costs of conducting meetings online are minimal, and include the cost of membership to one of the conferencing online services, and maybe a long distance phone call depending on the service you use for audio capabilities.

Flexibility and Adaptability

As discussed above, an online web based video conference meeting can take place at a moments notice, at very little expense.  In addition, when properly conducted, they can be equally effective with face-to-face meetings, and in many cases, much more effective than simple audio conference calls.

A web video conference can be used very effectively for variety of purposes:   Staff meetings, training sessions, sales presentations, family conferences, brainstorming, document review and editing, and many others.  You and your fellow participatns can conduct such meetings from wherever you are:  Home office, business, hotel, airport, vacaton spot, or anywhere you have access to a broadband connection

The most full featured web conference software solutions offer exceptional functionality to include:  Live webcam video support,online audio, desktop sharing, whiteboarding, powerpoint presentations, website pushing and text chatting.  These systems can accommodate up to hundreds of people, but higher numbers do require more bandwidth an necessarily cost more.

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