How much money should I expect to spin on list building?

21 replies
If I spent $300 monthly on Facebook ads, how long would it take before I break even? When would one cross the break even point... at 500, 1000, or 2000 subscribers? Should I expect to lose money at first even with my funnel setup correctly and all my affiliate offers are in place? Is there a course that can teach me to do all this correctly without my own product? I don't want to create a product.
#building #expect #list #money #spin
  • Profile picture of the author FreedomBlogger
    How much you spend on list building online - will depend on a lot of factors.

    You need to consider the type of traffic. The quality of it and how targeted it is.

    In this industry, they say that you should earn an average of $1 per lead. So if you have 150 people in your list right now - then you should be making at least $150 a month from that list.

    This cannot be possible with just any type of list - it will have to be a very targeted list. And you would also need to learn exactly how to do it.

    Everything is a process - I highly recommend you to learn what you need to learn and just take massive action with everything.

    Learn about the types of traffic and capture pages. There is warm and cold traffic, and both work with different types of capture pages/landing pages.

    Also, when you are paying for traffic - you are pretty much gambling. You should only use money that you are okay with losing.

    It is a risk and even more of a risk when you are just learning all about this entire process.

    Learn about traffic, capture pages, paid targeted traffic, email follow ups, and affiliate marketing. You do not need to create your own products to make money from your email list - you just need the right affiliate products with a good percentage for sale commissions!

    I hope this helps!

    I wish you the best of the best!!!

    Cheers!
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    At the beginning, I thought making money online with a blog was super super hard. Not anymore. Learn the art of making money online blogging - step by step - HERE.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by jamesdailey View Post

    If I spent $300 monthly on Facebook ads, how long would it take before I break even?
    I promise I don't mean this rudely, but it's baffling to me that anyone can expect a bunch of people posting in a forum to predict the answer to this, without knowing what you're advertising, how you're monetizing the traffic, what you're selling, what your profit-margins are, what your skills are, and a whole load of other information.

    What would you say if I asked you this: "If I buy a premium domain-name for $100 at Namecheap Auctions tonight, how much profit will I make on it when I sell it"? That's exactly as answerable as your question is ...


    .
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    • Profile picture of the author grafx77
      Originally Posted by Alexa Smith View Post

      I promise I don't mean this rudely, but it's baffling to me that anyone can expect a bunch of people posting in a forum to predict the answer to this, without knowing what you're advertising, how you're monetizing the traffic, what you're selling, what your profit-margins are, what your skills are, and a whole load of other information.

      What would you say if I asked you this: "If I buy a premium domain-name for $100 at Namecheap Auctions tonight, how much profit will I make on it when I sell it"? That's exactly as answerable as your question is ...


      .
      I know right!! Why even ask if you can't showcase these details. It's like stating "I'm having problems making money online, so what am I doing wrong?" LOL
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  • Profile picture of the author tristatemedia
    i will have to say: $500 to build a good list of 1000 subscribers from paid soloads. then start doing ad swaps (for free) and grow your list to 5k or 10k.
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    • Profile picture of the author markwilson4074
      Originally Posted by tristatemedia View Post

      i will have to say: $500 to build a good list of 1000 subscribers from paid soloads. then start doing ad swaps (for free) and grow your list to 5k or 10k.
      Sounds like a good start.

      A targeted subscriber @ $0.5 is not too bad.
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  • Profile picture of the author Javisito
    Originally Posted by jamesdailey View Post

    If I spent $300 monthly on Facebook ads, how long would it take before I break even? When would one cross the break even point... at 500, 1000, or 2000 subscribers? Should I expect to lose money at first even with my funnel setup correctly and all my affiliate offers are in place? Is there a course that can teach me to do all this correctly without my own product? I don't want to create a product.
    There is tons of courses about this. as it has been mentioned on this thread already it is hard to predict this without having any idea of what you are promoting.

    What is your niche?
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  • Profile picture of the author fated82
    You can practically build your list for free if you set everything up correctly.

    That is, have an enticing opt-in offer.

    Have a low price, high value OTO

    Have a series of follow up series to sell your backend.

    Having said that, there is a lot of hard work to get things up, especially creating your offers (free or paid).

    So I guess the best way forward for you is to be educated in creating your sales funnel. Get it right the first time and you will have less headache in the long run.
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    • Profile picture of the author discrat
      James,
      There are numerous ways to build a List for extremely cheap and even for free.

      Of course, it is quicker to spend money but not necessarily more efficient as far as Quality.

      I would start off slow. Make sure your Funnel is correctly put together.

      And work on building really good email copy in your Follow Ups and Broadcasts.

      The fact of the matter is you can have all the Traffic ( good, bad) in the World but it will not mean a damn thing if you cannot effectively communicate with your List of Subscribers !


      - Robert Andrew
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  • Profile picture of the author caretaker
    If you know what you are doing and everything is set up, especially your follow up email messages, then just so that you can get some sort of answer to your question,
    i would say about $600.
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  • Profile picture of the author Victor Edson
    You should be okay spending $300 per month UNTIL you're making that money back.

    Ultimately you'll be spending $300 and getting back more than you pay. Would you pay $1000 to learn that? Will you learn in $20? The only way is to get in there and try it out for yourself.

    Some people spend a few hundred, some never figure it out. If you don't try, you'll never know.
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  • Profile picture of the author SanwalC
    I suggest that you hand out a good free ebook or blueprint for making money. Have an opt-in page and then email the blueprint to their email. They are happy, you got a lead. Get at it and hope you have success!
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  • Profile picture of the author austyno1
    As you are just starting up, i would suggest you caught your time with automation so you can have enough time to focus on the real stuff. there's a lot of learning curves but this 2014 Lead Automation tool will help you. It's my hidden secret. Use this Lead System to automate all your lead process. it's the best in the industry now. Lead Automation
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  • I have a thought on this and I will try this tactic. I will spend some money on quality solo ads to see how is responding my list (Open Rate, CTR, $/ month/ subscriber) and when I see some good results on this and it is obvious that can be profitable, I will set up a company and look for investor on this.
    If the average cost per subscriber is 1,5$ and you can generate on average 1$ per month per subscriber, who is crazy not to invest on this? Find someone to invest 20.000$ and in 1 year you can easily make 100.000$. If you have your own product this amount could be 400.000$.
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  • Profile picture of the author Dennis Ray
    If you are just starting out and building your first list, then obviously the more money you can initially invest, the better.

    You could easily help compensate the cost by selling either your own or someone elses OTO product. You could easily draw people in and give them a very simplified version of your product to get them to sign up and then offer the full version as your oto.

    It'll take time, but once you dial everything in you'll be all set to roll.
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  • Profile picture of the author FreedomBlogger
    You need to know that when you are spending on Paid Traffic - you are GAMBLING!

    You should only use money that you are okay with losing if things don't work out well.

    No one can really answer your question here because we don't know how Facebook PPC Marketing you know. It really depends on many factors.

    - Your Landing Page
    - Your Ad Copy
    - Your Niche
    - Your Products
    - Your Targeted Audience

    I'm telling you from experience - I spent hundreds of dollars doing Facebook PPC and made little money and didn't get many leads.

    And that was because I was brand new to Facebook PPC. SO there is a learning curve here and expect to lose some money at the beginning.

    The best way you are going to learn is by DOING. You can get the best Facebook PPC training but until you actually do it - you will never know how it goes for you.

    I hope this helps!

    I wish you the best of the best!

    Cheers!
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    At the beginning, I thought making money online with a blog was super super hard. Not anymore. Learn the art of making money online blogging - step by step - HERE.
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    • Profile picture of the author markwilson4074
      Originally Posted by FreedomBlogger View Post

      You need to know that when you are spending on Paid Traffic - you are GAMBLING!

      You should only use money that you are okay with losing if things don't work out well.

      No one can really answer your question here because we don't know how Facebook PPC Marketing you know. It really depends on many factors.

      - Your Landing Page
      - Your Ad Copy
      - Your Niche
      - Your Products
      - Your Targeted Audience

      I'm telling you from experience - I spent hundreds of dollars doing Facebook PPC and made little money and didn't get many leads.

      And that was because I was brand new to Facebook PPC. SO there is a learning curve here and expect to lose some money at the beginning.

      The best way you are going to learn is by DOING. You can get the best Facebook PPC training but until you actually do it - you will never know how it goes for you.

      I hope this helps!

      I wish you the best of the best!

      Cheers!
      Quite true.

      fb ads can burn your wallet pretty easily during experimenting your campaigns.

      So its all about learning the game and then conquer later.
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    • Profile picture of the author masterz
      Originally Posted by FreedomBlogger View Post

      You need to know that when you are spending on Paid Traffic - you are GAMBLING!

      You should only use money that you are okay with losing if things don't work out well.

      No one can really answer your question here because we don't know how Facebook PPC Marketing you know. It really depends on many factors.

      - Your Landing Page
      - Your Ad Copy
      - Your Niche
      - Your Products
      - Your Targeted Audience

      I'm telling you from experience - I spent hundreds of dollars doing Facebook PPC and made little money and didn't get many leads.

      And that was because I was brand new to Facebook PPC. SO there is a learning curve here and expect to lose some money at the beginning.

      The best way you are going to learn is by DOING. You can get the best Facebook PPC training but until you actually do it - you will never know how it goes for you.

      I hope this helps!

      I wish you the best of the best!

      Cheers!
      Ah Freddy,

      you just spoke my mind
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  • Profile picture of the author austyno1
    Hey jamesdailey, here is my quick 2 cents. The best ad you should use is trusted solo Ads rather than facebook. You can research WF for quality Solo Ad.

    To your other question of not making your own product, you can use this one i found for list building LIST BUILDING PRODUCT

    Hope this helps you. if you find anything new do let us know here on the thread.
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  • Profile picture of the author kkcheo02
    If I had $300 a month, I would probably go for Solo Ads to start my list. If the targeting is right, you don't need a big list to start monetizing. Facebook is more complex because no one is ever willing to tell you the full story on how to do your targeting. Sure Audience Insights is there but there are also so many variables to tweak.

    Solo Ads - easy - buy 100 clicks you get a 100 clicks. If you have a half decent squeeze page and headline, you'll probably get 30-40% signups. At least you know the exact niche you're buying into.

    Just my 2 cents. Facebook ads was never efficient for me.
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  • Profile picture of the author fulfilledlife
    I would say you are looking into spending couple thousand dollars.

    Building list is not just building the list. You need to know copywriting, be good sales person and be good marketer.

    Acquiring those skills takes time and in some cases if you really start from the ground zero it may take easily 1 year or more.

    I would also skip the whole solo ads thing. There other advertising places where you can get clicks 2-3 times cheaper.
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    Try not to become a man of success, but rather try to become a man of value - Albert Einstein

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