You realize that you need a good list. After reading countless articles and sought expert advices and have read many success stories of people creating a small fortune with their lists you finally decide to have one of your own. Then it happens, you think you know everything there is to know about building a list and have followed their advices to the T and you still aren’t making any money.
In fact, you may be losing money. You maybe hiring writers to help you out, or there are some expenses incurred, even if you have a big list, but only a very small percentage actually buys from you, your still losing money. You’ll realize that after a few months when you see your statistics and sales figures.
So what could have gone wrong? Why have others succeeded where you have failed? The most common mistake is that you dove right in. You chose a topic that you thought was popular and would earn you money. This was just not the case.
I will offer advice, for those who have started a list and have failed, you can rejuvenate your failed venture. For those who are starting, here are three quick and easy ways to build a list – aka your residual cash cow.
1) Get your customers to trust you and your products first. Building a list does not make you an expert or a credible seller. Write articles and post them on your blog first before you start a list. Write about a topic you know and have passion for. Ask questions on social media – i.e. Twitter, or in a forum – i.e. Warrior Forum first to gain knowledge about your customer’s wants and needs and target those wants and needs.
Join forums like the Warrior Forum. Provide value in the form of advice or recommendations. When you feel that people trust you already, you will be able to start your own list. You can build a base as well with other forum users. You can ask them to join your list. Friends are always good customers. Put up a link to your blog (if allowed) so that they may be able to see what you’re business is all about.
Fact of the matter is, the money will only come when your subscribers get to know, like, and trust you. People are not going to buy something you recommend if they don’t know you, like you, or trust you. Period!
2)Find an affiliate product that people want and need. The affiliate product you offer better be something that you A) you use or B) strongly believe in.
While it is true that it is best to sell something that you use or believe strongly in, there are not many people who have the same interest as you if you decide to sell something that is not entirely popular or profitable. That’s why it is imperative that you do your homework. Got it? Good.
3) Make friends with others in your niche whom have big lists. This is beneficial especially if it is someone who has already launched a successful list with thousands or hundreds of thousands of subscribers. These are people that have the experience in building large lists from scratch so learn all you can from them.
Experienced list builders will be able to tell you what to do and what not to do because they have gone through it. While different situations occur for different people, the general concept can still be very helpful. There are many things to avoid and these people will be able to tell you which ones.
Building a profitable list doesn’t just happen overnight. It takes a lot of effort, patience, and persistence. Lists are built from scratch, as your list grows, you should also maintain the quality of your list. Keep it organized and manageable. Get or hire help if need be, just make sure that your subscribers are happy and satisfied and they will be willing to buy from you over and over.