Email Marketing: The Killer Monetization Method You Haven’t Tried Yet Photo by Mzelle Biscotte

Email Marketing: The Killer Monetization Method You Haven’t Tried Yet

by Rob · 36 comments

Most blog­gers fail to real­ize that the true value and mon­e­ti­za­tion of their blog falls within their email list. Build­ing, main­tain­ing and build­ing a prof­itable list a gold mine for blog­gers. The sooner we real­ize the true value of email lists, the sooner we set our­selves aside from the many blog­gers who fail to real­ize this concept.

Build­ing an email list is not only a good way to build a closer rela­tion­ship with your read­ers, but also an oppor­tu­nity for cre­at­ing an addi­tional rev­enue stream. Inter­net Lifestyle blog­ger Rob Ram­muny shares how to cre­ate a prof­itable newslet­ter through email marketing.

If you’ve been a reader of Blo­gus­sion, you will have learned ways to build an audi­ence around your blog and what it takes to run a suc­cess­ful blog. But what about tak­ing your com­mu­nity to another level? I’m talk­ing about tak­ing your rela­tion­ship one step fur­ther and also cre­at­ing a prof­itable expe­ri­ence out of it.

Why You Need an Email List

When it comes to hav­ing a plan B, many blog­gers do not have an alter­na­tive source to con­nect with their read­ers. If your blog gets shut­down today (and you have no email list) how do you expect to reach out to all your readers?

Sure, there are net­works like Face­book and Twit­ter that can help you update them about your blog get­ting shut­down… but what about con­tin­u­ing to pro­vide content?

Also… what about the read­ers that do not use net­works such as Face­book and Twit­ter? When it comes to hav­ing a fall­back option, hav­ing a healthy email list is a great way to notify your read­ers of the issue and also con­tinue to pro­vide con­tent until you can fix the situation.

Other Rea­sons to Have an Email List

  • Afford­able: For as low as $1 your first month using Awe­ber, you can have a prof­itable email list up and run­ning by tonight.
  • Prof­itable: It is a proven fact that email lists con­vert bet­ter than blogs. That means you will be mak­ing money.
  • Com­mu­nity: You are build­ing a stronger rela­tion­ship with your readers.
  • Traf­fic: Email lists can drive mas­sive traf­fic back to your blog. (I will be shar­ing this tech­nique with you today)
  • Invest­ment: Build­ing an email list is an invest­ment, that will ben­e­fit you in numer­ous ways.

Set­ting up a Prof­itable, Unique Newsletter

I’m about to cover how not only to drive traf­fic to your blog and deliver qual­ity con­tent through your newslet­ter, but also how to set-up a prof­itable newslet­ter that will make you money on auto-pilot.

Cre­at­ing a Valu­able Newsletter

Let’s face it, not every­one is going to be so quick to give out their email address. So you have to cre­ate a unique sell­ing point (USP) for your newsletter.

  • The atten­tion grab­ber: What makes your newslet­ter worth sign­ing up for?
  • The offer: What are you offer­ing on your newslet­ter list that they can­not receive any­where else?
  • The value: How much value are you going to be adding into this list? Are you offer­ing pre­mium con­tent?

Let’s focus on two out of three of these under­ly­ing con­cepts of the points I just stated here. (You will under­stand why I’m only going over two out of three)

1. The Offer: What are you pro­vid­ing your read­ers with?
They already receive con­tent from you by read­ing your blog, so why sign up for your newslet­ter when they can get it with­out sign­ing up? This is where you want to add addi­tional value to your newslet­ter. Share con­tent to your newslet­ter sub­scribers that is only for them. This con­tent has not and will not be dis­cussed on your blog. Doing this cre­ates an urgency for your reader to sign up.

What we’ve just done is cre­ated our atten­tion grab­ber and we’ve shown your read­ers the offer. But wait… while I’m at it, let me share with you some­thing that will help you increase your opt-in rate.

Offer free stuff! Peo­ple love free stuff, so why not give it to them? A great exam­ple that I see many blog­gers use as their own unique sell­ing point (USP) is by cre­at­ing a sim­ple pitch such as:

Sign up for my newslet­ter and receive my free 60 page eBook about cre­at­ing a prof­itable blog” this is an exam­ple of a unique sell­ing point.

2. The Value: Keep pro­vid­ing it.
Believe it or not, hav­ing a juicy offer is only half the bat­tle. Con­grat­u­la­tions, you have cre­ated an urgency for them to sign-up! Now… what are you going to do to keep them sub­scribed? You want to pro­vide con­stant value to your email list. Whether it’s feed­ing them a new newslet­ter every week, send­ing free gifts or offer­ing con­tests, etc. What­ever it may be, you need to do some­thing to keep them read­ing your emails and engag­ing with you. What I’d rec­om­mend is send­ing out a weekly newslet­ter using a auto-responder (explained later) or maybe a monthly newslet­ter. What­ever works best for you.

What we’ve just done here is were build­ing trust from our read­ers. By doing this, you will see a higher open rate and also higher con­ver­sion rate for affil­i­ate sales because peo­ple see you as a cred­i­ble source.

Cre­at­ing a prof­itable newsletter

OK… we’ve accom­plished set­ting up a valu­able newslet­ter, but how about mak­ing money from doing this? There are sev­eral ways to make money through newslet­ters, but for the sake of this post (length wise) I’ll only cover two ways.

1. Email campaigns

If you’re sub­scribed to sev­eral email lists, prob­a­bly one time in your sub­scrip­tion life you’ve received an email from the author pro­mot­ing an affil­i­ate prod­uct.  You’re prob­a­bly used to see­ing some catchy sales pitch email with a cou­ple of links point­ing to the prod­uct. Believe it or not, these emails do con­vert well (only if done right).

By pro­vid­ing con­tent to your email list you are build­ing cred­i­bil­ity and author­ity (this process is no dif­fer­ence than build­ing cred­i­bil­ity and author­ity through blogging).

Peo­ple are going to trust you, so they will be inter­ested in see­ing what your pro­mot­ing. The more peo­ple who react to the emails I send:

Ayyy Rob sent me an email! He’s pro­mot­ing a prod­uct, awe­some! Let me go see what this is… *Clicks affil­i­ate link* buys product…”

…means the more money I earn. This is what runs through the minds of your read­ers when they see emails like this; when you feed them valu­able content.

Word of advice: Do not pro­mote a new prod­uct every sin­gle day of the month to your list. It becomes spammy and peo­ple will unsub­scribe from your list. Depend­ing on how often you send emails, don’t send any more than two to three (three is start­ing to push it) email cam­paigns a month. So choose them wisely and make sure they are prof­itable campaigns!

2. Prod­uct Reviews

If you review prod­ucts on your blog, take the time to send your newslet­ter read­ers an email point­ing to your prod­uct review. If that review has an affil­i­ate link, that means an oppor­tu­nity for more sales and income for you. If you want to add more of a per­sonal approach to the email, write a cou­ple short sen­tences on why you rec­om­mend this prod­uct (rea­sons you didn’t use in the prod­uct review) and encour­age them to learn more by vis­it­ing your article’s link.

Psst… This also means more traf­fic back to your blog!

Wrap­ping things up

Cre­at­ing a newslet­ter is a prof­itable expe­ri­ence. Whether you are a blog­ger try­ing to escape the 9 – 5 or some­one try­ing to find an addi­tional income stream online, cre­at­ing a newslet­ter is def­i­nitely a way to help.

Are you will­ing to make an invest­ment that will help ben­e­fit you? Or do you want to be just one of the mil­lions of blog­gers that have failed to see the true value behind email list? For blog­gers who do have their own email lists, what advice would you add to this discussion?

Resource dis­cussed: Awe­ber email mar­ket­ing ($1 for your first month)

Editor’s Note
Rob has worked with me and has been coach­ing me through­out the devel­op­ment of the soon-to-be launched From Plan­ning to Earn­ing course from Blo­gus­sion. He has guided me with the very tech­niques he men­tioned here, as well as oth­ers that he includes in his pri­vate coach­ing, all of which were skills devel­oped through run­ning his own suc­cess­ful newslet­ter on his blog.

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Article by Rob

I’m Rob, a 16 year old blogger & entrepreneur who runs Robswebtips.com, known well for living the Internet Lifestyle I have a passion for teaching others how to escape the 9-5 and live the Internet lifestyle through my blog, and I also help others with my free Internet Lifestyle eCourse. If you want to connect with me, you can follow and chat with me on Twitter.

  • Summary

    Most bloggers fail to realize that the true value and monetization of their blog falls within their email list. Building, maintaining and building a pro itable list a gold mine for bloggers.

    The sooner we realize the true value of email lists, the sooner we set our selves aside from the many bloggers who fail to realize this concept.

  • Key Points

    • An email list is a very under-utilized method of making money blogging. You need to get your own, and start making it now
    • An email list is something anyone can set up, regardless of financial situation.
    • The point of a newsletter is to consistently deliver top quality to your readers every time.

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Dev | Technshare May 24, 2010 at 4:18 am

Hey Rob,

WOWW.. !! Awesome Posts. I started building my mailing list in april, after reading an awesome guest post on blogussion by jonathan. I think mailchimp is another great alternative to aweber, that works great and free of cost (500subscribers).
I strongly agree with your point 2 “The Value: Keep pro­vid­ing it.” Providing constant value is another very important part of mailing list. I haven’t send my first mail to my list, i will begin to do so very soon. I think before sending any affiliate link to the list… we need to built trust!! Take a.. example of Glen Allsopp from viperchill (i think everyone knows him) he always write awesome long-depth post and people simply love his articles. If he starts putting affiliate link, his readers will defiantly buy that product. Why? Simply because people trust him..!!

There are may bloggers who are yet to build mailing list, it’s something that no blogger should ignore.!!
Btw. What about squeeze page and landing page??
Thanks for sharing this great post bud. :) !!
Dev | Technshare´s last blog ..Weekly Roundup #5: Link Love to Blogging Friends

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Andrew @ Blogging Guide May 24, 2010 at 5:20 am

Dev,

I have a few clients who use MailChimp and they really like. Not used it myself but it sounds like a great alternative to Aweber (that’s what I use).

Andrew
Andrew @ Blogging Guide´s last blog ..Premium WordPress Themes For Free…

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Rob May 24, 2010 at 10:40 am

My recommendation Andrew: Stick with Aweber :)
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Kikolani May 24, 2010 at 4:04 pm

I talked to a company whose sole focus was to help businesses setup and manage email lists. They recommended MailChimp and Campaign Monitor. When I asked what they thought of Aweber, they had never heard of it. I was a little shocked actually, but wondered if Aweber is really just for bloggers more so than businesses, and why?
Kikolani´s last blog ..Income Blogging Guide Course Review

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Andrew @ Blogging Guide May 25, 2010 at 4:44 am

Yeah – I really like Aweber – pretty easy to use and the support is excellent.

Andrew
Andrew @ Blogging Guide´s last blog ..How Do You Beat Blogging Boredom?

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Rob May 25, 2010 at 9:20 am

@Kikolani: I personally believe Aweber is a service for everyone. I also believe there statistics back it up. From what I know they are the largest used email service in the world.

Aweber offers very nice tracking and they have it easily set-up so you can get as detailed as you want too.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Kikolani May 25, 2010 at 12:07 pm

I have to agree it is the most used… maybe I just don’t noticed when people use the other service, but I feel like everything I sign up for is under Aweber. That is really the best proof.
Kikolani´s last blog ..Make Money Blogging

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Rob May 24, 2010 at 10:40 am

I have tried Mailchimp, and personally i just don’t find it user-friendly like I do Aweber. This could totally just be me, but I’ve been in love with Aweber since I used it. So I’d highly recommend it, even tho it does cost money.

And you’re right, continuing to provide value is going to build trust in your readers. But one thing you have to be aware of is… you need to offer something for your readers to buy. You don’t want to train them to always expect something free from you. You want them to be ready to expect both free and paid stuff. The thing is… if you do your part right, they will know no matter what you are offering it will be of value.

I think those pages are very good. If you fill the page of with urgency + telling your subscribers what their going to get, you would probably have a longer-lasting email list then you would for someone who only used a quick 2 sentence urgency builder.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Derek Jensen May 24, 2010 at 11:19 am

Here’s why take on Aweber vs. MailChimp.

I recently just switched over to Aweber from MailChimp. At first glance it seems you can’t do much in terms of design for customizing your mailings like what MailChimp really broadcasted to us. But, what Aweber does is enhance the experience of making an effective email marketing plan for whatever your business is trying to cover. When you first sign up they guide you through everything like a tutorial. Yes, MailChimp offers very unique and helpful video posts, but they surely don’t guide you through.

MailChimp does a lot of cover up with their very beautiful interface and unique features, but Aweber has so much more power and potential at its disposal. You want to do email marketing right. I suggest you start off right. Final thought is for me I saw that Aweber I had to pay each month after the first month payment of $1, whereas MailChimp was free with 500 subscribers. This just pushes me to get the ball rolling and to starting capitalizing on my email marketing like Rob mentioned above.

Great post Rob, and I thank him to switching to Aweber.
Derek Jensen´s last blog ..Wake Up with a New Routine for the Day

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Rob May 24, 2010 at 11:23 am

Appreciate you sharing your feedback about this Derek. I can agree with you on where Mailchimp uses their appeal to make them look “top of the line” verses Aweber simplistic design. However, Aweber (in my opinion) dominates Mailchimp.

Thanks for sharing your thoughts ;) and anytime man, always here to help.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Andrew @ Blogging Guide May 24, 2010 at 5:18 am

Great advice. Make sure your free guide / giveaway is of high quality and high value, otherwise many will unsubscribe.

Then wow them with more free guides and advice. Don’t just send what you have already have posted on your blog. Send out some advice and tips that you have not published. Make your list feel special.

Andrew
Andrew @ Blogging Guide´s last blog ..Premium WordPress Themes For Free…

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Rob May 24, 2010 at 10:42 am

You have a great point Andrew. And that’s something everyone building their list should know.. Because if you continue sending them content that’s already on your blog, what’s the point of signing up for the course? So making the list feel special is definitly a big thing . Good point you made there.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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John Paul Aguiar May 24, 2010 at 8:30 am

Great tips. There is a reason that Internet Marketers have said for years, “the money is in the list” It is about time that we bloggers see that value.

But getting opt ins on your list is easy, keeping them and converting them is the hard part.

You laid out some nice tips to adding value to your subscribers, and that si what it is about.
John Paul Aguiar´s last blog ..Breaking Into The Top 20 Internet Marketers Online With No List

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Rob May 24, 2010 at 10:44 am

It is so true, and like you said it has been so true for many years. If there is one monetization way I do not think will change (or at least anytime soon) is email marketing. Because for so long it has been proven effective.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Julie - A Fine Tooth Comb May 24, 2010 at 10:29 am

Very informative! I use MailChimp for my e-newsletter, and I love it! The service is completely free up to 500 subscribers.

I agree with your point about providing something of value (free report, video, e-book, etc.) to those who sign up for the newsletter. I created an e-book that appeals to my readers, and I worked hard to make it a truly valuable resource. I have fun giving it away! :)

The only problem is that some people sign up ONLY for the free gift and then never read any more of your emails (or worse, unsubscribe).

Thanks — I’ll be sharing this with my readers!

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Rob May 24, 2010 at 10:49 am

The thing is Julie, we are going to always encounter those kind of people. People who just sign up for the gift then unsubscribe. So should we really consider that a loss? The people who actually sign up and stay are the people who are going to provide the most value to your list and bring you the most money.

So my final thought on that would be: Let them get what they came for. But let your subscribers (long-term) love what they stayed for.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Onibalusi Bamidele May 24, 2010 at 10:42 am

Really great post!

The money is truly in the list. I recently started building my list and it has been producing great results. The response is great and it produces quality traffic.

I am yet to monetize because my list is still small, I want it to get to 5000 subscribers so I can launch my product.

Thanks a lot for the great post,
-Onibalusi

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Rob May 25, 2010 at 9:23 am

There is something that stuck out in your comment that sparked me. Your list is never to small to monetize. It doesn’t matter if you have 100 or 10,000 subscribers. Still monetize them no-matter what number.

Think of it this way… If you wait until 5,000 subscribers to monetize.. The second you monetize those 5,000 subscribers there will be a lower % that buy from you because they are not used to you promoting stuff.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Onibalusi Bamidele May 26, 2010 at 11:04 am

Hi Rob,

I never thought of it this way.

My list is more than 100 in size and I will begin to moetize very soon.

Thanks a lot for the reply, I really appreciate it.
-Onibalusi

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Onibalusi Bamidele May 26, 2010 at 11:17 am

Hi Rob,

I never thought of it this way.

My list is more than 100 in size and I will begin to monetize very soon.

Thanks a lot for the reply, I really appreciate it.
-Onibalusi

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BrandonBurgh May 24, 2010 at 12:57 pm

Rob,
Great post and it is SOOOOOOOOO true about the list building. I tried to be an internet marketer, struggling with affiliate marketing, realizing I was just chasing my tail.

Awesome stuff.

Brandon
BrandonBurgh´s last blog ..My First Ever Guest Post is LIVE….Video Style

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Rob May 25, 2010 at 9:25 am

Thanks Brandon, are you still trying to chase after internet marketing?
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Thomas May 24, 2010 at 11:45 pm

This is such an awesome post Rob! I think this is putting me over to starting email lists on my blogs. I have been putting it aside for some time because I didn’t want to do all the work involved with it, but from what I am hearing from you and everyone else, it is an essential part of the money making strategy…and who doesn’t like to make a little extra money? :)

Thanks for your insights..I think I will hit up Aweber sometime this week and start working on a couple eBooks.

Thomas
Thomas´s last blog ..How to Add Custom Image Borders in WordPress Thesis

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Rob May 25, 2010 at 9:27 am

Glad your starting to take action Thomas. The thing is tho, there is so much more than just “money” in the list! A list is more valuable than the blog itself that’s why there just so valuable to have.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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chandan@work at home blog May 25, 2010 at 2:52 am

Its totally true to have email database, I feel requrement such a email database when I made new blog at wordpress, I did not have email database, due to which I count not be able to inform my friends and bloggers about my new blog.

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GBG May 25, 2010 at 6:13 am

Great post Rob. Thorough and well thought-out.

Hopefully people take your tips and provide VALUE. I’m so tired of folks getting the list-building bug, then using that list as a source for endless product promotions. I have unsubbed to lots of lists lately because the person building that list simply didn’t “get it” …
GBG´s last blog ..GBG Business Success – A Proven Path

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Rob May 25, 2010 at 9:54 am

Oh I totally get you. I’ve had some people promote product day after day after day… and never sending any content.

You need to over-deliver in content, so you can preform well with sales.
Rob´s last blog ..Content VS Marketing: Which one is Authority?

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Dennis Edell | Direct Sales Marketing May 25, 2010 at 12:04 pm

Excellent advice Rob; one of few articles I TOTALLY agree with.

Eerily timed as well. This past Friday I started my Aweber affiliate link grab contest…the winner will get me signed up under them. :)

Would you like to help promote? Or better, get in on it yourself if your name is not already there. ;)
Dennis Edell | Direct Sales Marketing´s last blog ..UPDATED: Aweber Affiliate Link Contest! – This Is It!!

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King Sidharth May 26, 2010 at 3:59 am

This was “the post”, Rob!
Awesome.
You’ve done a brilliant job of putting this all together in a place.
The money is in the list thing expalined. Well explained.

Awesome for newbies…(me included, perhaps)
Thanks!
King Sidharth´s last blog ..WTF is USP?

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Reza Winandar@Nikon S210 May 26, 2010 at 5:18 am

A long sales mail would just make your readers gone because they’re too tired to read it. Just make it as short as possible and remember, don’t insert two same links and don’t insert link more than 3 or they will just flag you as a spammer.
Reza Winandar@Nikon S210´s last blog ..Nikon S210

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Geoff Dodd@Residual Income May 30, 2010 at 7:31 am

Rob, Alex.. yes, yes so true about having and nurturing an email list.. that’s where the moolah resides. An asset for sure. Alex, this is a wonderful blog. Everything ‘fits’ so neatly. Good job, dude. Geoff D.
Geoff Dodd@Residual Income´s last blog ..Local Business Internet Marketing

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Felix Albutra @ Blogging Access June 4, 2010 at 1:12 am

This post is really great. Regarding on building an email list, many bloggers really can’t do this thing especially those newbies.

Because, before you sign-up an account in some email marketing software (aweber or mailchimp) they still need to construct their framework is share great information through emails. So, I think email marketing for new bloggers is not advisable.

As in my situation, I used to plan having an email list but in some reasons, aweber services can’t suit in my pocket (lol). So, I’d tried mailchimp but I wander why they ignore my application.

But anyway, this post is really great. Thanks for sharing it Robb.

- Felix Albutra
Felix Albutra @ Blogging Access´s last blog ..10 Things to Do After Creating Your Blogger Blog

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Blogercise June 11, 2010 at 7:41 am

Email lists are valuable, and some bloggers have famously pushed Aweber hard (the lifetime recurring affilaite fee probably helps!), but I do think that making money from email lists suit some blogs better than others.

I worked for a large UK site which had a million people on the email list. We had 2 people working full time on managing and mailing out to the list. Yet it only counted for around 10% of the site’s income. Don’t get me wrong, it made enough to justify 2 full time employees, but our highest earning earning traffic sources were SEO and then PPC.

Even so, email lists are a great way to remind your readers that you still exist. The more contact points you have the more likely you are to build up a loyal readership.

I think I would prefer a pricing model that allowed me to build up a list at no cost, but then charged a small fee for sending an email out. As a beginner you could get the list going from day one but start to send mails only once the site has become established.

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seospidy@Seo Services Company August 12, 2010 at 7:45 am

Thanks for revealing Effective Email marketing for successful online business.
seospidy@Seo Services Company´s last blog ..Search Engine Optimization SEO

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Vhic | Email Marketing Blog August 15, 2010 at 9:12 am

Having a targeted email list will give your business what it needs at the same time the more bigger your email list will be the better. We just need to maintain our list by constantly updating them and giving some benefits.
Vhic | Email Marketing Blog´s last blog ..How not to become an Email Spammer

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