I have been in online entrepreneurship for 3 years and I confess I am a knucklehead. I finally realized one thing: When Internet Marketers say “the money is in the list,” they really mean it, simply because that’s the fact!
I read many online entrepreneurship and making money online blogs and all of them are unanimously suggesting their readers that – you might screw everything else – but if you do list building right, you are on the right track to make considerable money online.
Monetizing your website is not difficult; what’s difficult is to make something that is worth mentioning. Making a few dollars a month off AdSense is not that difficult. However, if you are aiming to make $ 1,000s a month from AdSense, you will need extra firepower.
Since it’s bad to rely to only one source of income (what if Google AdSense ban your account for some reasons?) you need to rev-up your other monetization methods.
Affiliate sales? It’s darn difficult to make even a single sale on regular basis! Internet Marketers make affiliate marketing seems simple; but the truth is, you need a targeted traffic and learn how to convert the incoming traffic well.
How about creating your own product, membership sales, etc.? Ditto – all sound promising, but you need a “vehicle” to make things go smoother (read: Getting people who will actually buy from you – not window shoppers); that’s the real bottom line!
Again, Internet Marketers suggest you to build a list because it is where the money lies. A list will help you to sell anything – affiliate products, your own products, etc… I finally realized that they might be right.
I want my sites to be more profitable – so I think list building will help me achieve my goal.
A list building success story
A trusted client of mine – an Internet Marketer and online business owner – build a “small list” of 2,000+ clients over the years slowly but surely.
He owns several web directories and run several debt consolidation lead sites. The web directories make money from link submission; the debt lead sites make money from lead; he is not using AdSense or any other CPC-based advertising programs to make money.
Did you know how much he made from his business – largely thanks to the 2,000+ clients list? More than $10,000 a month – maybe $15,000 or more, I’m not sure.
Most of his income come from repeat customer from his list. An eye opener.
So, after a year I know him, I finally learn from him that – yes – the money is in the list. Then I start doing list building.
List building 101
I am really a noob in list building. I know the theory, but I haven’t tried anything.
To entice people to sign-up, I give a free quality ebook for each people signing-up. My near-future plan is to set an autoresponder, that will send new list member regular emails offering valuable insight on entrepreneurship. Then maybe after a couple of months, I will start shooting an offer or two from the affiliate programs I joined.
The Noobpreneur Business Blog is getting about 2,000 visitors a day, and the list building effort I do gets me about a dozen sign-ups in less than 24 hours. Not a bad start.
My plan is to start list building on my other blogs. So let’s see how this efforts help my blogs to grow in revenue and traffic.
Are you on the same boat as I do? Or, do you already owned a list? Please share your experience by commenting on this blog post.