Wednesday, October 23, 2013

Building An Email List

It’s been a long time between posts, over three years. Since my last post I’ve seen a series of failures that have almost brought me to the point of quitting my dream of succeeding online. I’ve never stopped trying, despite thousands of wasted dollars and years of my life. Recently I’ve run across some information that reconfirmed something that I’d learned from several sources during my travels along the Information Super Highway: “The Money Is In The List”. I never really tried to build an email list that I could consistently market to, probably because it would require an autoresponder to manage it and that costs money. That was me. More worried about the cost instead of the benefit.

Recently I subscribed to a system called 5FigureDay for the astronomical cost of one dollar for the first month. In just a few days I absorbed a wealth of information on marketing and building an email list. I was blown away to find out that the value of just one email subscriber is considered to be $1 per month. That’s the industry average. It can range from 50 cents up to $2 depending on the quality of the list and the products marketed to it, but overall the average is about a buck. That means a list of 500 can be worth $500 a month to me if I use it wisely. So I’ve started building my own list and got my first subscriber yesterday. The 5FD system leverages the efforts of those in my list if they decide to join 5FD and start promoting it. Not only do they add subscribers to their list, but to mine as well! My list gets built by my efforts as well as the efforts of others automatically. Once I reach the 500 level I’ll start doing something called “Ad Swaps” which will allow me to multiply my list several times and make it even more valuable, but that’s for another post. I still have 499 to go!

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