How to Monetize Your List
Successful bizbabes know that “the money is in the list.” There is nothing truer than this. Many businesses that have taken advantage of email lists were able to get more clients and customers, which meant more income and more profits. Do a bit of googling and you will find hundreds of such success stories in the net.
How did they do it? Here are some of the top answers:
Promote Your Products
This is one of the most common ways to earn from an email list. If you have a product that you would like to sell but is having a hard time doing so, then an email list can just be the solution. Send you clients emails about your product, making sure to mention that it is unique, and what makes it stand out among the other competitors.
Asking your long-time customers to give your product a try may be easy, but it can be a real challenge to persuade those who aren’t, so will need to work harder and brush up on your sales talk.
Promote Other Products
If you believe in a product, then you can earn by promoting it to your customers. This is called affiliate marketing.
Here, you are building up another product in the eyes of your customers, and if you are successful, you will receive incentives and profit from the producer of the said product.
However, you need to be 100% sure about the product’s quality, since it is your reputation on the line. Test the product first and think about whether you would recommend this product to your customers or not. Remember, you do not want to ruin the trust that your customers put on you.