How to Make Money From Your Email List
Any online marketer will understand the value of their email list. However, making and maintaining your email list is very hard; so much effort or money needs to be spent to make a perfect list that you can rely on. But is your email list making enough money in return? Are you able to make something profitable from it or not?
Making an email list is indeed an investment, but sometimes it needs to make you some money, right? Have you ever thought about making money from your email list but don’t know how? Read this article to find out some of the most profitable ways to monetize your email list.
Wait a minute; you own an email list, right? If you don’t, let’s understand how to build an email list first.
How to build a reliable email list?
There are numerous more ways to build an email list, but if I start to write about all of them, the main topic of this article will fade away. The thing you should keep in mind is to verify those emails before sending bulk messages. Otherwise, a spoiled email list may harm your brand reputation. Here are some of the best ways to build an email list for free:
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Using embedded signup forms
Providing a signup form on your website is the most traditional yet very reliable way to get some email subscribers. To make this more effective, place those contact forms in the high-traffic areas of your website, like popular blogs, headers, footers, etc.
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Showing pop-up messages
Another popular way of building an email list is to show pop-up messages to your visitors. There are more chances of getting higher leads using this technique because the pop-up will be shown to every visitor on your website, unlike a signup form which usually gets ignored.
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Invitation for newsletters or upgraded content
I like this method more than any other. Why should people give you their private information if they are not getting something valuable in return? Providing a newsletter or an upgraded content will help. This technique works as a win-win situation for both parties.
So now, let’s understand how to make some cash from this email list.
Which are the best ways to monetize your email list?
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Affiliate Marketing
Affiliate marketing is one of the most popular and effective ways to make some passive income alongside your actual earning source. Numerous businesses offer their affiliate programs, and you can join one of them according to your niche and share the affiliate links with your email subscribers.
You will not require to create any product or service or pay your staff for customer support. Instead, you can focus on your main work and earn affiliate income from automation.
How much time will it take to make a common email template? 30 mins? And how much more time will it take to send bulk emails to thousands of people? 5 mins? Trust me, you can make thousands of dollars by just spending 35 minutes on this.
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Paid courses
Inviting people for paid courses is another good way to make some money from your email subscribers. The only thing you will require is some knowledge in a particular field. Don’t worry if you do not have some expert knowledge. You can share any knowledge you own.
For example,
How to train a dog? Or
How to do gardening? Or any basic thing you are good at.
Do you know? A best-selling book is about “How to sleep well?”
People don’t know how to do such things, and they are ready to pay you if you are helping them learn such things.
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Arrange paid webinars
Continuing our previous topic, if you are willing to grow this at an advanced level, you can arrange weekly or monthly paid webinars, where people ask you about their doubts and help them solve the problems live.
Using this technique, you can build strong relations with your audience, and they are more likely to trust you in the future, which will eventually help your business grow in the long run.
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Display ads
There are many advertisers who will pay you for showing display ads on your emails. For earning more from this, you can run Pay-Per-Click ads. But, nowadays, this method is getting lesser popular because of the awareness of people. There is very little chance that someone will click on the advertisement if they are aware of it. But, you can surely give it a try.
Wrapping up
So, these were some ways to monetize your email list. Of course, the thing you should avoid is over-promoting; your audience is showing trust in you by giving their personal information; you should not use it to spam and annoy them at any cost. But, if you are making money naturally by providing value side-by-side to your readers, your success is assured.
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