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List Building for Newbies

Posted 01-08-2009 at 01:34 PM by nikolaaa

Commonly, not having a list is said to be ‘leaving money on the table’, and that much is certainly true.

Take the example of a conventional clothes store. Customers come, browse around, maybe buy something, and then leave. Once they’ve left, the store has no way of getting in touch with them, and maybe convincing them to come back again.

On the other hand, if the store had their contact details, they could notify them when they have a new stock of clothes on the rack, or special discounts, and so on. By doing so, the customer would then feel compelled to perhaps come back, or at very least would consider doing so.

Similarly, in whatever niche that you’re into, if you had a list of previous customers then whenever you have a new product, or some other offer, you’d just be able to shoot out emails and see if anyone is interested. Simple as it sounds, this is amazingly effective.

Think about it in terms of figures, if that helps. Let’s say you have an 8,000 strong list, and you send out an email regarding your latest product that costs $20. Even if only 10% of your list buys your product, that is 800 instant customers and you would have made $16,000.

To sum it up, the reason to build and use a list is to establish a firm base of regular customers to which you can market your products and offers too with great ease.

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