7 Ways to Make Money Using Nothing More Than Your List
A subscription list can be very crucial for any website or internet based business. Even for a small project like a niche profit site, a subscription list can make a big difference and also add some extra income to your pocket. You rarely see an e-commerce site, big or small, without a sign-up menu.
An opt-in list allows a company to market its products and website via email. Through the opt-in menu, the site and subscriber agree to send and receive a newsletter from your company. Through this, you can keep your subscribers updated on what is currently available on your site as well as everything that is coming out.
Because there is mutual consent between the two parties, any mail sent to the list is not considered spam. There are a large number of successfully read promotional materials such as catalogues, newsletters, etc. which are sent because the subscribers themselves have signed up for them, which means they want to send those items.
List building is crucial, as only a small percentage actually subscribe to a subscription list. Many people find promotional emails annoying, but if you provide a good newsletter or promotional materials, you will see your list grow and grow. You can also achieve this by having good content on your site. If people like what they see and read on your site, they're sure to want more. Newsletters will be a way to attract them back to your site. A little teaser or appetizer if you will.
But beyond marketing your goods and services, a subscription list can also be used to earn additional profits. However, not all menus can be used. It would be a good idea to first build a successful list with a large number of subscribers. The more subscribers you have, the more money you can make. Here are seven ways to make money using only your list.
1) Place ads. There are many companies that will be willing to pay to have their banners and ads placed on a list with many subscribers. Selling or renting lists is not a good idea, so instead of doing that, many companies prefer to just place ads with lists that have a huge subscriber base. Your newsletter can be placed with multiple ads, each of which generates money.
2) You have affiliations with other companies that are at least similar or related to what your site is about. Here other companies will provide links and short descriptions of what they offer and their products and services. For every click on the link that directs or leads a subscriber from your list to their site, the company will pay you. This is P4P or pay for performance.
3) Make deals with other businesses by asking for a small percentage of the sales made through your list. For every sale made by customers who came from your list and went there because of your newsletter, the other company will pay you a small percentage of your sales. The more people buy from it, the more profits you get.
4) You can also source products from other sites on a consignment basis and sell them to your list via your newsletter. Place product descriptions, articles, and photos in your newsletter. There will be someone who will buy from you, and when that happens, you can order the product from the other site and sell it to your buyer.
5) Sell e-books or a collection of your articles on your list. Guides and how-to articles are in high demand. Many people will be willing to spend money to gain knowledge about a particular subject and topic. With your existing list trusting your expertise in the field, an eBook can be offered and sold or used as an incentive.
6) Create a grid from your list. Ask people to invite more people to view your site and subscribe to your list. The larger your list is, the more people will be able to click on your links and affiliate links as well as the higher your ad rates.
7) Subscribers are willing to pay for information if they know it can be trusted and relied upon. Use your list to attract more and more people to subscribe to your channel and also browse your site. Finally, you can use your list to make money by making them your partners. Your list will be your lineage for growth and increase.
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