Email gets into all our lives, and while we may sometimes wish we
didn’t have it – as the deluge of junk mail gets ever larger – it is
still one of the best ways to get information that we want sent directly
to us.
And this is where you come in. There are plenty of possibilities for
running an email newsletter service which is either free or fee paying,
and you can make a decent profit from either option.
The key to success is to pick a topic that will attract the attention
of a lot of people. If you can do that you could be sitting on a
goldmine…
Let’s start at the beginning here. A free newsletter? How can you make money with that?
The answer is to provide something that is worthwhile and has plenty
of unique content in it. You need to be reliable as well. A weekly or
monthly newsletter is the best option, although weekly will certainly
keep you in the mind of the subscriber more easily than a monthly one. A
month can be a very long time online.
If you already have a website then you could create a newsletter to
tie in with that. If you don’t, and you have thought of a good and
popular topic to create a newsletter on, then it’s a good idea to create
a simple website around it as well, as this can help you net more
subscribers. You may even have a product – let’s say an e-book for
example – that has its own sales page. If you create a newsletter based
on that same subject you can promote it as a bonus to everyone who
orders the book. Alternatively it could be a freebie to entice them to
order at a later date.
What you don’t want to do is populate every newsletter with lots of
affiliate links. It’s okay to include them but you don’t want to overdo
it. You need to provide a newsletter that has plenty in it that can’t
be found elsewhere. If you don’t do this you’ll get a high drop out
rate.
But what about charging for a newsletter?
You can only do this if you provide something truly unique. Some
newsletters that charge a fee to receive them are based in the financial
and money market arena for example, and you are getting specific
financial information on stocks and shares that you can use to help make
you some money.
The bottom line is that you need to be able to save or make your
subscribers some money in return for asking them for a subscription fee.
It is well worth taking the time to think about whether or not you can
do this, as well as researching other similar newsletters online before
you design your own.
The best shot you have of charging money for your newsletter is if
you can create something unique that fills a gap in the market and
answers a specific need. You also need to have a real enthusiasm for
your subject – otherwise the weekly work of writing the newsletter will
soon wear thin.
One final tip – plan a few issues out in advance, long before you
send out the first newsletter to your first handful of subscribers.
This will give you the time to start promoting the newsletter right from
the beginning, as well as doing away with the possibility of panicking
when you can’t think of anything to put in the next issue!
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