Massive Profits From Listbuilding Even with a small list
Today I wanna talk about listbuilding
I want to see your comments and suggestions on listbuilding, I want to know what you think is the best listbuilding method or if you have a valid argument on the right ways to build and treat that list write that down to. I will pay $10 to the winner of what I think is the BEST comment
How are you all? I got a week off work so its all good I get to work on making money online. 😀
Ok we have all heard “The Money is in the list” “The Money is in the list” but not every list is created equal. In my mind by a long way the most lucrative list to have is one that consists of buyers and is super responsive, I would say that one buyer is worth at least ten freebie seekers all day long . See when I started listbuilding I got involved in the giveaway events and the adswap scene, I built my list up to 10,000 subscribers but they were mostly prospects pure freebie seekers.
I started to make good money from setting up a simple sales funnel offering a freebie on the front end, then I included a OTO and then added my affiliate link for a continuity program on the thankyou page. I started to make good money, from the OTO and continuity program, but I had to find good swaps to keep driving the traffic through my funnel. A group of us set up what we called powerswaps where we combined our lists together to swap with other internet marketers who had huge lists.
We were doing ok but were finding ourselves having to swap twice a day, and using slightly controversial subject lines to get the prospects into our funnel. I didnt like it but my list was growing and I was still making money. But the list quickly died obviously because I was emailing them so much, and the list literally died overnight and so did my income and I ended up deleting it as it was to expensive.
In my personal opinion its tough to turn the freebie seeker into a buyer, and maybe that is mostly my fault for swapping so much. You see size is not always important But you see I had to create a product to giveaway for free to pull people into my funnel and to get people to adswap with me. It of course took time to create this product, and it had to be good and unique enough so I would attract good partners to swap with.
Then you have to build relations with these people that are on your lists, to then try and get them to buy the products you recommend to them. Its a hard task to turn these prospects into buyers, I believe they are so conditioned to receiving freebies that’s all they will ever be freebie seekers.
So now I am trying a new way of listbuilding, well the concept has been around obviously for a long time but for me its new. Why don’t we just spend time creating a product that totally overdelivers, something that adds lots of value then sell it over on the Warrior forum as a WSO. If you can create something that is of high quality and brings something cool to the internet marketing comunity, you will command trust and respect. People will then start to recognise your name and associate it with quality products, you will in turn reap the benefits as the people on your list trust you and will continue to buy any products you release or recommend to them.
You also are of course bringing HIGH quality leads onto your list, not the waste of time freebie seekers and you dont have to waste time trying to nurture these guys to buy. You are fast tracking these people straight into your funnel, once they are in as buyers you are likely to sell quite a few of your OTO’s.
Remember you have to make sure you totally overdeliver on your product, and create it yourself.
Let me tell you I have made so many more sales from my small list of 900 customers, than I ever did from my 10k list of freebie seekers. I really regret not building a buyers list from the start of my internet marketing career I could possibly have quit my job by now.
Ok next time lets talk about product creation. 😎
Infact if you need help to create products go to a guy called Justin Popovic, his created more than 60 products in a year. Pretty cool right?
So im saying to ditch the freebie seekers and get on and build your lists with just buyers, oh apparantly each buyer on your list is worth $3 a month. So if you got a list of 1000 thats a $3000 income a month right there.8-)
Remember I wanna read your comments winner of the best one gets $10 straight into your paypal account. I will be doing a weekly post where you get the chance to win ten bucks and remember to look out for my “bonus allstar outsourcer of the week”