The Power of List Building for Internet Marketing
The number one way for new users to make money on the internet involves email marketing. There are many different programs or schemes you can implement to create an income stream from the web. Affiliate marketing, direct sales and advertising are the three basic models that most people are trying to leverage into a paycheck. One thing you need to make any of these work is people or in internet lingo traffic to your site and links. While search engine optimization and link building are important tools of the trade the most important thing you can have in marketing is a list. A network-marketing list consists of contacts, at least name and email address for each person. You may have seen advertisements offering to sell you this type of list for your business. The key however is to build a targeted hotlist of potential customers. Here are a few tips to help you do just that.
Find a Target
Consider carefully who your target audience will be. Look at the products or services you plan to offer and begin matching it to the people who are going to want what you have. Too often commercially compiled lists are merely a compilation of people who have purchased something on the internet recently. For all you know they were purchasing fencing equipment, while your network marketing plan is focused on computer parts. This type of list is only going to provide you limited results at best.
Build Your Own
The best network-marketing list you can have is one that you have compiled yourself based upon common interests. You want people interested in your topic over just generic traffic. There are ways to further tweak the list building process where you find the highly targeted traffic that is ready to purchase, but that is a bit more advanced.
Probably one of the best list building tools you have at your disposal are freebies. People love getting something for nothing and in turn, you build a potentialally profitable target list. Of course, this means your freebie needs to be something associated with your product. It will do you little good to give away a free dog training guide if you are selling or promoting weight loss products. Compile your own eBook or set up an e-training course and offer it free on your site, all customers need to do is enter their email address!
Never use underhanded techniques to build your lists. You should always strive to first give quality before asking for a purchase. Provide people with good information or service in your free offers before you send them links to an affiliate program or banner. If your offers are spammy or always advertisements you will quickly find your list dwindling as people opt out.
Another common mistake network marketers make with a good list is to overuse it. It is tempting to throw every offer you can think of to your list, the lure of quick easy money is difficult to resist. However, you need to look at marketing as a marathon and not a sprint; slow and easy wins the day! Be particular about offers you send to subscribers, they will appreciate it and be more inclined to take the few you do send seriously.
Email lists are the backbone of network marketing provided they are compiled and used correctly. Remember to treat your members with respect and offer them solid information or offers. Abuse the list and while you may make a good profit in the short-term, over the long haul you will find yourself continuously re-building the list from scratch.