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Tuesday, June 27, 2006

7 Ways To Make Money Using Nothing More Than Your List

An opt-in list can be quite crucial to any
site or internet based company. Even for a
small venture such as a niche profit site
an opt-in list can make a world of difference
and also add some extra income for your pocket.

Rarely would you see an e-commerce site, big
or small, that is without an opt-in list.

An opt-in list allows for a company to market
their wares and site via an e-mail. With an
opt-in list, a site and a subscriber consents
to sending and receiving a newsletter from your
company.

Through this, you can keep your subscribers
abreast of what is currently available in
your site as well as whatever is coming out.

And because there is mutual consent between
the two parties, any mail sent to the list
is not considered as spam mail. There is a
great number of successfully read
promotional materials such as catalogs,
newsletters and such that are sent because
the subscribers themselves have signed up
for them, meaning, they do want to be sent
those items.

Building a list is crucial, only a small
percentage actually subscribes for an
opt-in list. Many people find promotional mails
annoying but of you provide a good newsletter
or promotional material, you will see your list
build up 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, then they surely would want more.
Newsletters would be a way to attract them
back to your site. A little teaser or appetizer
if you will.

But other than marketing your wares and your
services, an opt-in list can also be used
to earn extra profit. Not all lists can be
used though. It would be good to first build
a successful list with a huge number of
subscribers. The more subscribers you have,
the more money you can get.

Here are seven ways to make money using
nothing more than your list.

1) 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 just rather place ads
with lists that have a huge subscriber base.
Your newsletter could be placed with many ads
and each one spells money.

2) Have affiliations with other companies that
have at least a semblance or relation to what
your site is about. Here other companies will
provide links and brief descriptions of what
they offer, 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 P4P or pay for
performance.

3) Make deals with other companies by asking
for a small percentage of sales done through
your list. With every sale done by customers
that have come from your list and have gone
there because of your newsletter, the other
company will pay you a small percentage of
your sales. The more people who buys from
them, the more earnings you get.

4) You may also get products from other sites
on a consignment basis and sell them to your
list via your newsletter. Place descriptions,
articles and photos of the product in your
newsletter. There will be those 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 compilation of your
articles on your list. Manuals and how-to
articles are in great demand. Many people
will be willing to shell out money to gain
knowledge about a certain topic and subject.
With your existing list trusting your
expertise in that area, an e-book could be
offered and sold or used as an incentive.

6) 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.

7) 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 increase.

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