When they say that the money is in the list, this is what they are talking about.
The bigger your email list is, the bigger the audience you have to promote your offers.
This list can be generated from subscribers to your blog, website, social media or paid ads.
Within your email messages, you can add in links to your affiliate offers to make money. Just be sure that you are legally compliant with these emails.
Who is this ideal for:
This would be ideal for those who like to write persuasive content, specifically in an email format.
What skills will you need:
The most significant skill you will need is to be able to produce promotional emails that contain valuable content.
How much time is required to get started:
They say that the money is in the list, BUT it takes some time to build up that list.
You can expect to spend up to three months to build up a list big enough to make a profit from.
It can be done in as short an amount of time as one month, but the more time you spend on it, the bigger that list becomes and the more long-term passive income you can generate.
You will need to offer something in return for an email address.
This can be done in the form of a free eBook, free video course or even an insider’s newsletter to your website members.
These materials should meet their needs and solve some of their problems.
Some helpful tips:
1) Focus on one need
If you zero in on one specific need that visitors have, you can focus your opt-in offer around that.
For example, if you are in the fitness area, you can offer a free report on how to lose weight in 1 week, in exchange for an email address.
2) Stay compliant
There are governing bodies that call for your transparency when sending promotional emails.
Be sure to stay in compliance, and do your research BEFORE sending out emails filled with affiliate links.
How to make money:
The way that you can make money here is to send valuable and relevant emails with links to your products or services, or affiliate products or services.
When someone clicks on the link and makes a purchase, then you make money.
The bigger your list size, the more potential income you can make.
For example, if you have 1,000 people on your list, and 100 people click your link for a product where you receive $20 in affiliate commissions, then imagine if 10 of those 100 people make a purchase.
You just earned $200 from one email. Now imagine if you had 10,000 people on that list.
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