If you’ve been involved with online marketing I’m sure you’ve heard the saying ‘the money is in the list.’
The reason that marketers rave about the virtues of creating your own list is simply because it works.
Basically a list is simply a bunch of contacts who have, by supplying you with their email address, given you permission to send them messages.
Not so long ago, when the only way to communicate with your subscribers was through snail-mail, it cost a bundle to send out your message. At least $1 per person was the rule of thumb back then and now it would be far higher. Sending out to even a relatively small list of 1,000 could be a serious investment and so you had to sell very hard to get a return.
Now, with Email Newsletters, things are very different. You can send out to 10,000 people in a few clicks and it will cost you almost nothing. Email marketing is close to being free. In fact, with certain email marketing services, it is absolutely free — I recommend MadMimi.
That means that you need a far lower response rate, compared to snail-mail, to make a profit! It is not unusual to make thousands of dollars from a single mailing that takes you just a few minutes to write.
With your permission-based list there is nothing to stop you sending out to your list again and again.
But there is a catch.
People may willingly give you permission to email them, but you need to be able to catch their attention with quality content. And having caught their attention, you need to have established a trust between you so that your readers will happily follow your recommendations to buy the things you promote.
The old days of mail order selling to a list entailed sending out long, professionally written sales letters. Long sales letters definitely do not work in an email newsletter. Email newsletters, or e-zines, are not about hard selling, they are about entertaining, educating and pre-selling.
Pre-selling is the art of warming an audience up – making them desire the product you are recommending – so that they will take your advice and follow the link you provide to the product’s sales page. That’s where the selling takes place, not in your email newsletter. The link you use to send them to the sales page will be coded with your affiliate link and so when they do buy the product, you will get a commission credited to you. In Internet marketing, that commission is usually between 50% to 100%.
But as I said, your ability to get your readers to click on a link depends on the rapport you have built with them and the level of trust they have in you. People buy from people they know, like and trust.
Learn how to write an email newsletter the right way and online profits will come your way as fast as you can click on the send button in your auto-responder!