Getting Even More Profit from Your List Members
Hopefully as you start list building, you will begin to make a great income. However, there is always MORE money to be made! That's why it's best to take it to the next level once you start to feel comfortable with how things are going.
The first thing you want to do is examine which things are converting for you. If a certain product was a flop, you'll want to examine why that was the case. If a product took off like crazy, and the members of your list loved it, you'll want to examine why that was the case.
Then, you can focus your marketing efforts on what converts best with your list members. Through trial and error, you will learn what makes them "tick" and you can more easily match the things you promote with what they will buy.
If you have just been promoting affiliate offers, you may consider creating your own product in that niche as well. By now, you have a good idea of what these people want and need to learn. You can satisfy their curiosity, and their thirst for knowledge, or desperation, and create products they will want to buy. This works especially well if you have built up a relationship where they trust you.
This trust is really what will carry you through. You can develop a list of raving fans who will snatch up anything you choose to promote. There really is no better way to do business than to have a list full of members who adore you and want to pay you.
Another thing you can do is offer high and coaching. This works especially well with people who are proven buyers. You know they are willing to spend money in the niche, so by focusing on them, you can definitely make some more money. Offer your expertise for a set amount per month and you'll start to see some profits rolling in.
Another thing you can do is make use of Internet marketing techniques such as back end offers. If you do send out an offer to your list, you can have an upsell or downsell to make sure you make even more money. You can also think about creating a membership site. While your list members get great free content from you, many of them will likely pay for premium content as well.
Be creative when you want to make more money from your list! The answer is usually just a few tweaks away. Over time, you'll learn exactly how to make as much money as possible from your list members.
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