Tag: subscriber list

List-Based Money-Making Methods

Essence of the list

A subscriber list is essential to any website or Web-based company, even if the entity is a small venture specializing in a specific niche or a larger, more established general merchant; because such a list – also referred to as an opt-in list – can make a world of difference in the form of extra income (and profit?) generated for an online business, niche-based entrepreneurship or personal cause, even if that cause is non-profit in nature. In today’s business environment, rarely would you come across an eCommerce site – big or small – that is operated without a subscriber list.

The main purpose of a subscriber list is to allow a company, Web marketer or online merchant to promote websites, products and services to “opt-in” subscribers via a email. Such promotional emails are permitted because the subscribers previously “opted-in” to the list thereby authorizing the business or marketer to send email, newsletters and other promotional materials to their inboxes. The benefit of this arrangement to marketers and businesses is clear: they make money from any purchases. But there is also benefit to the subscribers: they can be kept abreast of latest trends, new product offers and industry news so they are able to make better and more informed decisions.

It is because there is mutual consent between the two parties that any email sent to a given subscriber list is not considered as spam mail, which is obviously illegal and unwanted. Overall, the volume of promotional material that reaches subscribers’ inboxes, successfully opened, and read is enormous; and this material includes catalogs, newsletters and other such promotions. But it is sent because the subscribers themselves have signed up to receive it; meaning that they do want it to be sent to them.

Subscription motivation

While building a subscriber list should be an essential task of any business, it is important to point out that only a small percentage of website visitors actually opt-in to a subscriber list because many people find promotional mails annoying; but if you are a business owner or marketer who wish to build a subscriber list you’ll probably have more success in doing so by providing a high quality newsletter or catalog which, in turn, would demonstrate the time, work and care you put into this material and therefore should work to create interest in, and attract more readers to, your content after which you can watch your list nurtured and grow.

You can also achieve such a list-building goal by having good and interesting content on your website, because if visitors like what they see and read on your site they are more likely than not to want more; and a newsletter would certainly be one way to attract them back to your website. Many businesses utilize little teasers, appetizers (in the case of restaurants) and samples to attract customers and your or entrepreneurship should be no different in its approach to building and maintaining a quality subscriber list.

That having been said, keep in mind that a subscriber list can be used for purposes other than marketing your products and services in the sense that, it can be a powerful tool to enhance an already popular and reputable brand, or build an industry brand and create a credible, sterling reputation when used properly in joint ventures (JVs) and community forums. Of course it would be good to first build a successful list with a huge number of subscribers, because the more subscribers your list is comprised of, the more money you can make and therefore the more of a demand that would be created for your list in JV arrangements.

Ads, affiliations & deal-making

The following paragraphs provide an insight into several ways your business can make money using nothing more than a subscriber list.

Place advertisements – There are many corporations who will be willing to pay to put their banners and ads on a list with many subscribers. Selling or renting out lists is not a good idea so rather than doing that, many companies would rather place ads with lists boasting a huge subscriber base, and as a result, your newsletter could be selected by these companies and rewarded with many ads, each of which spells money.

Establish affiliations – Affiliations with other companies that have at least a semblance or similarity to your site’s topic and content will encourage other companies to provide links and brief descriptions of what they offer, or their products and services. With every click made on the link that directs or leads a subscriber from your list to their site, the company will pay you. This is known as P4P or pay for performance.

Make deals with other companies – By asking for a small percentage of sales done through your list with these companies, every sale done by customers that have come from your list and have gone there because of your newsletter would trigger a payment to you by the other company by way of a smal percentage of the sales created via your list. Pursuant to this arrangement, the more members of your list that buy from them, the more money you make.

Woman in a neon triangle

Creative monetization

Products from other sites – A quality, well-maintained list will help you to get products from other sites on a consignment basis and sell them to your list members via a newsletter, catalog or other email campaign. Simply place descriptions, articles and photos of the product in your preferred medium and when list members express interest in a given product – or even place and order – you can get the product from the other site and sell or deliver it to your buyer.

Sell – Selling ebooks and compilations of article content to your list is another way to monetize that list. Manuals and how-to articles are usually in great demand and many people will be willing to shell out money to gain knowledge about a certain topic or given subject. With your existing list trusting your expertise in that area, an ebook could be offered and sold or used as an incentive.

Create a network out of your list – Get 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 make your advertisement rates higher.

Selling information

Selling certain types of information – Subscribers are willing to pay for information if they know that it can be trusted and relied upon. Use your list to get more and more people to subscribe to you as well as browse your site. Lastly, you can use your list to earn money by making them your partners. Your list will be the bloodline of your growth and success.

Proven Steps for Building a Subscriber List

Birth of the WMS model

According to Internet Growth Statistics provided on the Internet World Stats website, in December 1995 only 0.4 percent of the world’s population used the Internet; by December 2005 that percentage had risen to 15.7 percent (fueled in part by addition of the World Wide Web, circa 1997); and by June of this year (2017) the number stood at 51.7 percent of the world’s population using the Internet. So it is reasonable to state that there was a growth rate of Internet use which was indeed rapid.

That having been said, it is probably as reasonable to state that the growth rate of online marketing have surged just as rapidly as that of the Internet (Web), except that it did not cover the same period of time; but as more Web-based businesses were created and vied for a share of the eCommerce marketplace, the need to develop new marketing skills and information products became more evident and, as a result, an increased number of marketing strategies were being discovered and developed to cope with the changing face of business in the eCommerce world.

Needless to say, such growth could not have occurred without a demand for the services provided via the Web and the new business type it fostered. However, there was also demand for online marketing tips and strategies which resulted from the astronomical number of new businesses that were created on the Web and continue to be created, leading to the birth of a new Web-based business known as Web Marketing Strategies (WMS). Part of understanding this seb-set of Web Marketing is accepting the nature of business, the market it serves, and its motivating factor which is profit.

Staple of email marketing

So it follows that while there are companies engaged in WMS activities that are all too eager to help your Web-based business build a clientele for a fee, there are also a number of methods you can utilize to promote your website in a more cost effective – and in many cases – free way. One of these methods is Email Marketing (EM), also known as permission marketing, in which Web-based business owners (known as merchants) can actually engage by getting permission from site visitors to send them emails about their company and/or product offers. Those who grant such permission become subscribers to such emails and are considered members of a subscriber list maintained by the merchant.

The staple of email marketing is a subscriber list which, as stated above, requires permission from website visitors, supporters and past customers of a merchant or publisher (website owner) who are willing to subscribe to marketing materials, newsletters, catalogs and other promotional material via email; and the more marketing emails are sent by the merchant or marketer, the more chances s/he has of making sales and perhaps encouraging more future purchases. To do this s/he, the email sender, must build a list consisting of all those who wish to subscribe to the list.

From this list the merchant or email marketer will be able to designate certain members of the subscriber list as target customers for some product types and other members for different product types. This is considered a good list since these different sections of it will have already shown interest in different product offers the merchant has to show and sell. As list members have a preference for what they’ve seen on the merchant’s site, and have decided they want to see more, and maybe even purchase whatever product or service the merchant – through his/her website – offers they will have the opportunity to follow through on that preference.

Strategic patience

In view of the above many people may harbor the opinion that building a subscriber list takes a lot of hard work and a lot of time to build and collect names and addresses; and when approached in the wrong way this could indeed be true. However, if the correct steps are taken, the process takes a bit of patience and a few solid strategies that have been proven to be effective in building subscriber lists. Such a list-building process can be instrumental in a publisher’s ability to open his/her website and business to a whole new world of target marketing.

The central point here is that simply making the effort to build a subscriber list by utilizing strategies that have been proven effective can take your business to a new level which will often result in increased traffic and decent profit, if that’s your objective, and can ultimately do wonders for your business venture. keep in mind that there are many sources and articles which are accessible from the Web to anyone wanting who wish to build a subscriber list, even though they can sometimes be confusing because there are so many sources; and seldom do they all promote the same approach.

And while different groups of marketers, “gurus” and tutorialists have different approaches in building subscriber lists, be assured that there are certain fundamentals that must be adhered to when building your own list; and some of those fundamental steps are outlined in the following paragraphs.

Steps one & two

Step one – requires that you install a good, workable, legible web form on your website which can be located immediately following each of your articles and/or blog posts, or in the side bar of your website. While some may say that immediately placing a web form on a newly created website is too soon ask visitors to subscribe to a list, there is really no best or ideal time to ask a visitor to opt-in to your list. As long as your homepage provide a quick, good (first) impression and a website visitor finds something s/he likes, that might just be enough reason for signing up.

A good web form for opting into a subscriber list is not hard to come by, and asking your website visitor opt-in to your list is really not hard to do. Simply write a simple short statement inviting your visitors to see more and get updated information about the site and what it stands for. Then there should be an area where they could put in their names and e-mail addresses. This web form will automatically save and send you the data entered on the form; and as more people sign in, your list will grow accordingly and proportionately.

Step two – requires your site’s home page (or landing page if other than your home page), as mentioned in the first step, be as impressive as you can make it; and the articles, as well as the description of your website should be clear, well-written and free of any derogatory language or graphics. Depending on what your site is all about, you need to capture your website visitor’s interest while making your content useful and your site easy to navigate. Do not expect everyone to be tech savvy! Invest in having good programming on your site and make your graphics beautiful while making sure to not overload it.

Don’t waste your time making the homepage or landing page overly large megabyte-wise, since there is a strong possibility that all visitors to your website will not have dedicated T1 connections; so the faster your site gets loaded (a consequence of reduced number and size of the graphics placed on it), the better experience your visitors will have. Go for a look that borders between simplicity and sophisticated knowledge.

Steps three & four

Step three – requires that any products or services you offer via your site be of high quality, value and reliability which in turn will have the affect of satisfying any customer who makes a purchase, and can therefore result in very positive responses. Remember that a returning customer is more likely to bring in more business; and a satisfied customer will more likely recommend new customers that do business. Word of mouth and recommendations alone can rake in more and better business than an expensive ad. As your clientele roster grows, so too will your list; and with more members on the list even more people will get to know about what you have new to offer.

Step four – requires that you maintain a clean and private list while never losing the trust your customers who have entrusted to you their email addresses and other private information; and remember this rule if you don’t remember anything else you’ve read thus far: NEVER, NEVER, NEVER engage in unlawful activities by sending SPAM email to anyone! Bad news has a tendency of spreading fast, and such illegal activities will reach your subscriber list members quicker than you can compose a one-line email.

Be assured that many of your subscribers will most likely unsubscribe from your list as a result of such activity, or even accusations of doing so. Keep your reputation untarnished, because a good reputation will drive more traffic and subscribers to your site/business, as well as strengthen the loyalty of current customers.