As entrepreneurs, our goal is to create multiple streams of income. There are so many different ways to make money nowadays that it would’ve seen unbelievable some 25 years ago. If you have a home business you want to learn how to monetize your email list, and in this post I’m going to show you how valuable it is…
Since the advent of the internet there have been a lot more advances and possibilities for all of us. The internet has made home business more convenient for us entrepreneurs.
We can actually drive traffic to our sites using different internet marketing strategies from the comfort of our laptop or home computer. Once we get those leads that subscribe to our website we can send them emails via email autoresponders without doing the old skool way of sending mail out to each and everyone in our mailing list.
With that said, with the email autoresponder, we can either have a set of emails to be sent to people that subscribe to our sites automatically, or we can send a broadcast email to everyone within our list witch just one click of a button. How easy and simple can this be.
But one important thing to remember when it comes to your list to subscribers: You must build a good relationship with your emails to earn their trust. You must send valuable information that’s going to help them in the long run. At the same time, it doesn’t hurt to be more personable with your list. You don’t have to share your deepest secrets, but enough to show that you’re human too.
Now I bet you’re wondering, where does the money come in?
The fact that you already have list, shows that you have something that they’re interested in. Once your list show how much they trust you, then it would be easier to make sales from your list. Now if you’re a beginner in the internet marketing industry, I do recommend that you focus on building your list as big as possible and on building a good relationship with them. But once you get that going, you can start monetizing your list.
So what are some ways you can monetize your list?
Right here I’m just scratching the surface of what you can do to make money from your list. This will give you some reasons why building a list is so important to the growth of your businesses and creating multiple streams of income. Here are 4 ways you can do it:
Your Own Products and Services
Instead of selling someone else’s products or services, have you ever thought of creating your own. For example, there are many people who write ebooks on how to blog or how to generate leads. If you’ve been blogging for a while or generating leads, then why not put that in an ebook and promote it to your list? Also you can write manuals, promote services like setting up blogs and fanpages, and much much more.
This is a great way to make extra money. With this way you can actually help people build their list. Once you gain the trust of your email list, you can charge other people to advertise their offer to your email list. You can charge by how many clicks they purchase or through just promoting an ad that they created.
Network And Affiliate Marketing
Do you want to grow your network marketing business or sell affiliate products and services? Why not promote them to your email list. Many companies use these two business models to have people help them market their business opportunity, products and/or services. Usually they’ll provide the banners, capture pages, and websites for you to promote. Once people click and invest in y our offer, you get commissions.
Building Networks From Your Email List
Referral or “Word-Of-Mouth” marketing is a great way for your list to refer others to the value you give and your offers. Yes we’re taught this as soon as we start a network marketing business, but this definitely does apply to your email list. It’s like the saying goes “the more things change the more they stay the same.”, using old school tactics with new school technology can go a long way.
Now It’s Your Turn!
Are you monetizing your email list? What strategies are you using? Is there anything you would add to this list? Please share your comments below and share this post with your friends. I look forward to reading them!
Struggling with your home business? Are you confused about how to really market it? Many of you are left in the dark and I like to bring light to you. I like to introduce to you a step-by-step simple formula that has been working for me.
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