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Email Marketing Strategies Revealed
How to Build Your "Targeted"
E-Mail
Lists
You know how important your list
is to you
and your business. And, since
this chapter
is on building lists, it is obviously
a very
important chapter for you to
understand and
put to full use. How you use
the techniques
in this chapter will determine
the quality
of your e-mail list. The quality
of your
list will determine the success
or failure
of your business...
With just a little bit of creativity,
you
will realize that there are literally
hundreds
of ways to building your e-mail
lists.
Some ways are better than others
in that
they are more efficient, easy,
and cost-effective
than the others. This chapter
will discuss
the techniques that have produced
the best
results for me.
Some of the techniques may seem
obvious,
but they are sometimes overlooked
by most
businesses and online marketers.
My advice to you is to use them
all, or as
many as you can.
If there are other sources of
building lists
that you have either heard of
or have used
effectively in the past, feel
free to use
them if you choose to do so.
However, realize that what I've
listed here
are the best ways, in my experience,
to building
valuable "targeted"
lists quickly.
I use these techniques myself
and they have
produced the best results for
me out of all
the techniques that I've tried.
That's what
I'm offering you - a system that
works! After
all, that is why you bought this
manual,
isn't it?
Here then are the methods that
work best
for me, listed in order of importance:
Your customer list
Unless your business is very
new, you probably
have a list of people that have
done business
with you in the past - your customers.
The
names and addresses of these
customers will
create the best list you'll ever
own.
As I explained earlier under
the "old
ways of doing business,"
most businesses
forget about their customers
after the customers
have bought from them "once."
These
business are making a huge mistake.
You should
never abandon your "existing"
customers.
Why is your customer list the
best list?
Think about it. You have to spend
time and
money to find new customers.
You have to
then build the trust needed for
them to make
that initial purchase from you.
Each customer
costs you time and money to find.
You shouldn't
let this investment of your time
& money
go to waste.
If you have made the purchase
a good experience
for these customers, they are
willing to
buy from you again and again.
They are waiting
to buy from you again. In fact,
they are
itchng to buy from you again.
Let me illustrate this with a
personal experience:
A few years ago, I received a
catalog in
the mail from a company that
specialized
in selling CD-ROMs on "hard-to-find"
subjects. They had some very
interesting
products - I bought 2 CDs right
away. Then,
assuming that I would now be
on their "customer
list," I threw the catalog
away. I was
expecting to receive their latest
catalogs
in the mail since I was a "buying"
customer who bought their products
just a
few days after I received the
initial catalog.
I patiently waited to hear from
them again,
anxious to see what new products
they had
to offer. To this day, I have
not received
another catalog from them. I
was very disappointed
with myself for throwing the
catalog away
so quickly.
This company made a huge mistake
by not trying
to sell to me again because I
was itching
to buy more of their products.
They spent
a lot of money to find me by
sending out
1000's of catalogs by regular
mail. After
that, all they had to do was
keep sending
me new offers and I would probably
have kept
buying from them. A lot of companies
make
this mistake. They abandon their
best list
after investing a lot of money
in it.
Listen...it's easy to sell to
your existing
customers again and again because
you have
their trust. They feel comfortable
buying
from since they have done it
before and you
didn't rip them off. They feel
they can trust
you.
It's also dirt cheap to sell
to existing
customers. All you have to do
is keep providing
them with quality products at
fair prices
and they will keep buying from
you. As long
as you're honest with them and
provide good
customer service, they will buy
from you
again and again.
If you are not allowing these
customers to
make repeat purchases from you,
you are wasting
your advertising dollars.
If you haven't been compiling
a list of your
customers so far, start back-tracking
through
your records. Find these names
and e-mail
addresses now! This is your best
list! Don't
throw your best list away.
If you do not have the e-mail
addresses of
your customers yet, you need
to get it from
them.
Here's the best way to do it:
The next time
you send them a mailer or a flyer,
offer
them something for free if they
respond to
you by e-mail. This "free"
item
can be a valuable report, a gift
certificate,
anything that will get them to
send you an
e-mail. Anything that will get
them to give
you their e-mail address!
For example, if you're selling
fishing rods,
offer them a free report that
will show them
how to be better fishermen. I'm
sure you
can create some sort of free
report that
is unique to your business. It
doesn't have
to be anything fancy. A simple
report containing
a few helpful tips will do.
A report of this kind will be
fairly easy
for you to put together since
you are "in
the business." However,
this report
will still hold a high-perceived
value for
your customers since they're
"not"
in the business. They don't know
as much
about the business as you do.
There are more of your customers
online than
you'd believe. Those who are
not online yet
will be there soon. So get their
e-mail addresses.
Trust me, it will be the best
move you'll
ever make for your business,
and for your
profits!
Then, start making use of this
list right
away! If you don't have a new
product, create
one right away! If you're not
able to do
this quickly, find a product
someone else
owns and make a deal with the
owner. Put
your best list to use. You'll
be amazed at
how quickly and easily you can
start making
a profit!
If you are a brand new business
and don't
yet have any customers, you can
use the rest
of the techniques given below
to start building
your "prospect" list.
Other Peoples' Customers
If you don't have customers of
your own yet,
this technique is the next best
thing. It
is one of the quickest ways to
find targeted
customers, make some money, and
build your
list in the process.
Here's how it works: You form
a "joint
venture" with another business
that
sells a product "related"
to your
product.
Let's say that you're selling
fishing rods.
An example of a business that
sells products
"related" to yours
would be one
that sells fishing lures, or
a business that
sells bait.
A business that sells exactly
what you're
selling, fishing rods, will not
be a good
choice since you'd be in direct
competition
with each other.
Do you think that the customers
of the lure
store or bait store would be
interested in
your fishing rods? There is a
great chance
that they would be.
What you need to do is approach
the owner
of the lure store and offer him
a portion
of the profits from every fishing
rod that
he can sell to "his"
customer list.
If the owner of the lure business
has customers
that trust him and like doing
business with
him, you will do very well with
his customer
list. All he has to do is send
your e-mail
sales message out to his customer
list.
By doing so, there is a very
good chance
that his customers will buy your
rods since
the owner of the list is "endorsing"
it for you. That's instant credibility
that
you can't buy anywhere. And that's
what makes
this method work so well.
As soon as the lure customers
buy your rods,
they now become your customers
too. You can
immediately add all these names
and addresses
of the new customers to your
"new"
customer list.
You would then go to a store
that sells 'bait'
and do the same thing. Then,
go to the one
that sells 'fishing lines' and
do the same
thing. Get the idea? Before you
know it,
you will have a decent-sized
customer list
of your own! Pretty cool, isn't
it? As I
said, this is one of the quickest
ways to
build a good customer list. And
it doesn't
cost you much.
Remember, don't go to another
"fishing
rod" business owner since
you'd be in
direct competion with that business
and the
joint venture will not be a very
good idea.
You want to work with businesses
that are
related to yours in some way,
not exactly
the same as yours.
This "joint venture"
technique
works very well and many online
businesses
are using it to easily and quickly
acquire
fresh new customers.
Share your profits generously
with the businesses
that you're doing joint ventures
with. Don't
be too concerned about giving
more than 50%
of your profits to them if you
need to. Keep
in mind that you only have to
do this once
with each business. In return,
you get to
sell to "their" trusted
customer
base that they have spent money
to build.
The large portion of your profits
that you
give away on the first sale will
be considered
small potatoes compared to what
you get in
return - instant new customers!
You can sell
to these customers again and
again and make
a lot more profit. So, give generously
to
your "joint venture"
partners.
"Opt-in" Visitors From
Your Web
Site
If you have an existing website,
this next
technique is one that you must
use on your
website.
The technique is very simple:
Place a "form"
or a simple "e-mail link"
on your
website with a short message
that tells visitors
to subscribe to your mailing
list. In return
you offer them something for
free. A free
report will work just as well
here.
Here's why it is very important
that you
do this right now. You are probably
spending
time and money to promote your
site so people
can visit your site. But, most
of your new
visitors will not buy from you
on their first
visit. Also, most of them will
probably never
visit your site again. (New websites
are
being added to the Internet at
such an amazing
rate that it's difficult for
people to keep
up with them, let alone visit
the same site
twice.)
Therefore, you lose most of these
prospects
forever. Most of your marketing
efforts and
dollars spent on classifieds,
banner trades,
search engines, etc. goes down
the drain.
(It's the "old" way
of doing business.)
But, if you ask these visitors
to join your
mailing list by offering them
something for
free in return, you can now use
this mailing
list to keep in touch with these
visitors.
You don't lose touch with them
completely.
If you are familiar with forms
or know someone
who is, you can easily put a
simple form
towards the end of you web page
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