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How To Make A List--The Money Is In The List
How To Make A List--The Money Is In The List
I know you've heard the term the money is in the list before so what makes today so different? You, the the reader, need to learn how to make a list of buyers of your products. Read on...
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(Free-Press-Release.com) August 29, 2011 --
Let's face it, we all love free stuff. When someone says that they'll show us how to generate free traffic with a free eBook, we'll join that list faster than ever. The sad part is most of us aren't really interested in the the product the person may be selling...we just want the free content. So why give something away for free if the person is only gonna mooch off of it? You want people to join your list...fast. Building a fast list is a good start because you will have a nice big number of people to choose from. Ordinarily, there's a 10% conversion rate of buyers on an average list (personal experience). So you want to have as many people as possible to join your list to make more money. Let's say you have a product that cost $40. A nice price to make good money and also very affordable. If people judge your product by your free content, there's a big possibility that you'll have a nice conversion rate of 10-20%. Let's say that you have a list of 100 people. Using the percentage I gave, that's about 10-20 people buying your product. That's 400-$800 in your pocket. Doesn't sound like a lot of money? Well, what about if you had a list of 1,000 or 10,000 people or even more. Do you see where I'm getting at? The money is in the list. By the way, that's only for one product. Who says that you're gonna be selling only one product. You could sell possibly 8 products a month. Let's do the math again. Remember that you may be getting people who didn't buy one product, buying another. So let's do the math:
100 people on a list with a 10-20% conversion rate for buyers: 10-20 people
8 products sold in one month each priced at $40 (you're gonna have some products selling for more and some for less): $320
$320 X 10-20 people = $3200-$6400 a month
Will this example happen each and every time...not very likely. As a matter of fact, you may get a list that has a less that 10% conversion rate. So you want to have a big list to make sure that you're making a decent amount of money. Now are you gonna offer your list a product everyday? That wouldn't be wise and they'll consider you a spammer. You want to make sure that your list has time to get paid first and secondly, you want to make sure that your list has enough time to digest your first product they've bought. I would say that 1-2 products per week is not bad. Even 1 product every other week may be good. Remember that you are trying to service the people on the list first so they can keep buying. Make sure that the product you put out there are good products. Even if you are selling other people's product, make sure you pick the ones that are valuable to the customer...even if you get a mere $10 per product sold. You know what happens if you have a rep for picking good products? You get more buyers and you make more money. Making money is your main goal for yourself, but for your potential buyers, your main goal should be giving them value that exceeds their expectations. Follow this and you'll have more people buying from you.
You're gonna need some guidance on how to make a list that converts the best and I want to guide you. I have put together a free eBook that gives away some great free resources that will help you along the way. Just in case you're brand new to Internet Marketing I show you the basics of how to succeed in the world of Internet marketing. These are two years worth of resources and tips I've learned and I'm passing them on to you. Follow the link below and I'll see you on the other side, my friend.
http://www.howtomakealist.info
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