5 ways to monetize your email list

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Page 1: 5 ways to monetize your email list

» 5 Ways to Monetize Your Email Listbahamawealth.com /monetize-your-email-list/

Henrico Ellis

Why is email so effective? Customers Overwhelmingly Prefer Email

A recent MarketingSherpa study found that 72% of Americans, say email is their preferred form ofcommunication with companies they do business with.

An even greater finding is, 61% say they like to receive promotional emails on a weekly basis fromcompanies, and some said they would welcome even more frequent emails.

Clearly, you need to build your email list and communicate with your customers and prospects usingemail. An email list will make you money!

Today we’ll review making money from your email list even if you don’t yet have any of your ownproducts / services to sell.

Here are my top 5 ways on making money from your email list beyond selling your own wares.

Page 2: 5 ways to monetize your email list

Idea 1: Sell paid membership subscriptions.

A free email list segues easily into a paid contentoffering. Create a paid option for your subscribersthat offers more content, more resources andfurther information.

Be sure to include a paid members only forum.Answer customer questions and allow paidmembers to discuss issues with one another.

WordPress makes creating a paid memberssection to your web site easy.

Idea 2: Become an affiliate.

Affiliate marketing is big business on the Internet!When you are an affiliate you sell otherbusinesses’ products / services to your audienceand the merchants then pay you a commission for what you’ve sold.

Find products / services that you like and use. Then market those items to your email subscribers.Here’s a list of popular affiliate marketplaces where you can find merchants’ products / services topromote:

Idea 3: Establish joint venture partners.

When you have an engaged email list of 500 subscribers or more you can market that audience toother businesses.

Reach out to other small businesses that you know and create partnerships. Offer to promote theirbusiness to your list if they’ll promote your business to their list.

You can also make arrangements to sell their products / services to your audience. If you have noproducts or just a few – with a joint venture you can easily double your product offerings.

Think about who you know and start reaching out to them. The right joint venture partner can becomesyour business partner. You do the emailing and they do the product development and servicing.

Idea 4: Sell advertising.

Yes, selling advertising is a great means of revenue generation.

When you have a responsive email list, other people are interested in sending their offers to your list.The advertiser gives you their email message to send out to your list and you send it out.

You can sell solo email ad messages or you can sell advertising in your email newsletter as topsponsors.Demc offers both types of adverting opportunities with DEMC advertising.

List your newsletter in ezine directories like these to help advertisers find you –

http://www.directoryofezines.comhttp://www.emailresults.com

Also be sure to do a Google search for – ezine directory – and post your newsletter in as manydirectories as you like.

Page 3: 5 ways to monetize your email list

Idea 5: Gain expert status for personal advancement.

When you develop an email list and a following of subscribers you become an expert on your subjectsof interest.

As a result of being an expert, people will come to you for advice. Your email list can result in youbecoming well known in your field.

Experts have money making opportunities made available to them regularly. You’ll be –

* Asked to be a consultant* Requested as a speaker* Offered enticing job opportunities* Given a book deal

Bonus Idea 6: Warning – Don’t Ever Sell Your Email List!

Developing an email list takes time and effort. Your subscribers trust and rely on you. As a result of yourrelationship you are able to make money from your list using the strategies discussed above.

Whatever you do, don’t break your subscribers’ trust. When people sign-up for your list, they want tohear from you – not another person to whom you may have sold your list.

Build your list, keep it to yourself and profit from it!

As always, leave me your thoughts and questions in the comments below.

If you want the same system and training I’ve used to make over 10K a Month from blogging, watchthis video and just get in.

–Henrico Ellis

Click Here To Watch The Free Presentation

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