| As soon as you've built up a decent size list of | | | | niche to your own which has a good-sized list of |
| subscribers and are providing them with a regular | | | | subscribers and set up an article exchange. Send out |
| newsletter containing useful and interesting content, | | | | one of his or her articles to your list and have him or |
| you'll be in a good position to start thinking about | | | | her send out one of your articles to his or her list. |
| increasing the various ways to monetize your opt in | | | | This is a good way to leverage the value of your opt |
| email list. | | | | in email list without compromising the privacy of your |
| While your main goal of an email newsletter is to | | | | readers. |
| provide useful content to your subscribers while | | | | 5. If you have some old stock that you want to get |
| quietly promoting your own business, once your list | | | | rid of, offer it to your list first at fire sale prices. |
| has reached several hundred or even several | | | | 6. If you sell a range of products, figure out a way |
| thousand subscribers (depending on the nature of | | | | to bundle them into packages and offer them at a |
| your business), it's viable to start thinking about | | | | discount to your list. |
| featuring other people's businesses and products in | | | | 7. Offer a basic product which includes silver and gold |
| your newsletter and make money from doing so. | | | | upgrades. For example if you sell an information |
| Below are 10 different ways you can monetize your | | | | product, you can also offer an audio and video/DVD |
| opt in email list: | | | | as silver and gold upgrade options. |
| 1. A quick way to make some extra money from | | | | 8. Send your subscribers email alerts when there are |
| your list is to feature other people's products in your | | | | new product releases, and offer special price |
| newsletter. To do this, simply join affiliate programs | | | | reductions before releasing the new products to the |
| and feature the company's products in your | | | | general market. This makes your subscribers feel |
| newsletter. Test the products and write well | | | | special and gives them an incentive to remain on your |
| balanced and unbiased product reviews and editorials | | | | opt in email list and to continue reading your |
| about the products. | | | | newsletter. |
| 2. Sell newsletter space for banner and classified ads. | | | | 9. Set up special "thank you" pages for your |
| Banner ads will work with HTML formatted | | | | newsletter customers so that when they buy a |
| newsletters but not with plain text format. Classified | | | | product from you, they'll be presented with an extra |
| ads will work in any newsletter format. | | | | special discount offer on the backend. |
| 3. Set-up a section dedicated to book reviews and | | | | 10. Create an exclusive members' site for your |
| review books relevant to your business niche. Add | | | | newsletter subscribers for a way to gather together |
| affiliate links to the Amazon bookstore where your | | | | all your offers and make them available in a single |
| readers can find the books you're reviewing. This | | | | place. |
| won't make you a lot of money, but it will contribute | | | | There are many ways that you can monetize your |
| to your bottom line and provide interesting content | | | | opt in email list, so it's worth making an effort to |
| for your readers. | | | | grow your list and build a solid relationship with your |
| 4. Find other good quality newsletters in a similar | | | | subscribers. |