It can never hurt to build a list of both, it's that valuable.

And while a list of buyers is infinite amounts better...

You can always convert your freebie seekers to the 'good side'

Hi,

That is why you need to create an effective 7, 14, 30 day email campaign.

That turns prospects into BUYERS.

Sure there will always be those who are never going to buy anything.

But that just comes with the territory.

What you can do is start sending out a broadcast email every day as soon as
you start building your lists.

You can offer your PAID product to those leads right off the bat.

Then those that BUY get added as BUYERS to your lists.

Those that don't shall continue to receive your daily broadcast emails from you.

Then after 30 days, you can look back at your 30 days worth of emails and see
which ones were effective enough to turn those prospects into BUYERS.

NOW you have begun the process of creating an AUTOMATED email campaign
that goes out automatically to any NEW fresh leads and prospects.

This way any fresh leads that enter your funnel can receive these set of
emails on auto pilot and become buyers.

Not all will of course.

But at least you're now using a system that gives you more time, freedom
and flexibility to focus on the more important things like:

Increasing conversions.

Thus making MORE sales = MORE profits.

I would say both because some freebie take a little while longer than others to become buyers but a buyers list will be alot more valuable. It would be a Your goal to build a relationship with your freebie and turn them into a buyer, whether it be from $1 or $100 product.

You may even segment your list further.

the idea that the buyers list will always be more profitable is just plain old nonsense. yes, if you just plan on sending them offer after offer to buy the latest secrets, then that probably is true.

but by far, the biggest online earners are freebie sites. they offer a product or service for free to users and then they find ways to monetize the fact that have the attention of a huge number of users.

some people have a very simple understanding of online business and the many various ways of making money online to the point where it costs them money and causes them to give some really crappy advice sometimes.

It's probably not to late to capture those emails that you sold to previously. If you use a responder like Constant Contact, you can put their names and email addresses into an Excel sheet (I'm assuming you had to deliver the product electronically and have this info.. at least the email). Then you can email them through Constant Contact. I'd recommend sending out an "I'm sorry, here's a free gift or ridiculous discount on my next product.." type of email.

Add as many backend montenzation methods as possible so you can make more . The backend is were you make the real money

How many times have you heard the saying . . . it takes on average seven contact points to catch someone's attention? If you dump the freebie seekers, how do you turn them in to buyers eventually?

There are lots of reasons why someone doesn't buy at any given point of contact but they will buy next week or next month. Since you work so hard to drive traffic to your site I think it's a mistake not to try to nurture your prospects over time.

What do you send them? Send them something that will introduce your $67 product to them and tell them why they can't live without it. You're focusing on a specific niche, right? So give them some valuable information about the niche. You're trying to build trust and let your readers know that you care about them and want to help them.

Be genuine and accommodating. People can tell when all you are after is a sale.

Good luck to you,

Steve

Build both list, not everyone is ready to buy right now.

Just make sure you have a kick ass good will campaign for everyone. Your selling campaign should be built around value and education with a way to dive deeper with your product. No one wants to be beat over the head day after day to buy something. Teach them awesome stuff, and then hit their emotional,and logical reasons why they need and desire to buy.

Also in your advertising ensure you have polarity.

For example, you have a target market that will buy your product, turn on your target market and turn off those that won't buy or you don't want to sell to. This will get you less tire kickers on your list.

Hope that helps

Any questions hit me up at http://shawnandrewwalker.com

Enjoy

I would build a list of both. Buyers list is the target but free lists have their strengths as well. Not everyone is going to buy from you the first go round. Some people need a little extra TLC to move them along the buyer's line..

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Wow,

Thanks for stopping by everyone. Your addvice is really appreciated.

By the sound of it I'd be stupid not to do both.

Might just create a mini course for the freebie list.

Also those of you advising me to segregate the list... Are there ways to somehow automatically remove a freebie seeker from the free list and have the buyer list take over the minute they become a buyer.

I'm sure it would probably be annoying potentially receiving the occasional email promoting something they've already purchased. In fact just potentially receiving two emails on the same day would get annoying.

Thanks again!

Build both. Have a freebie list which will then act as a loss leader so that you can graduate people onto your power seller list where the big bucks are to be made. All the very best loads like you're doing incredibly well

Build both of course

Two lists are better than one

Keep both and have a longer auto-responder series to
turn those freebie seekers into eventual buyers

If you launch you first product better than if you just looking for butyer list. I have a mentor, and i'm shock when he compare beetwen freebie and buyer

You know the comparison?

One buyer list is the same with 100 frebie list. WOW...

Buyer list is amazing list, but if you are looking for freebie list, the problem is not all of your freebie list has payment method to pay your product, such as paypal...

Remember, freebie list is OK as long as you can convert them to your buyer list by adding value first, then promote them with yur product..

-Muhamad Edison A

Nothing wrong with a freebee list and you'll probably find that with the right email sequence you'll be able to turn your freebee list into an awesome buyers list.

I'd recommend segmenting your list though and separating anyone who buys into a separate list.. you want to look after your buyers because they will buy again and again and again.

Do both. When someone purchases put them on your buyers list.

A ninja trick you can do is when someone visits your sales page and DOESN'T buy, you can have a exit pop set up that redirects them a squeeze page. There you can offer a free gift in exchange for their email. You now have a freebie list that you can mail to convince them to buy your main offer.

your buyers list in this case will be more valuable, but there is no harm in having a freebie list and with a bit of monetization techniques and a personal relationship with your list, you can easily convert them to devoted buyers

Buyers list hands down. Even if you can make a bigger freebie list, quantity is nothing compared to quality, especially if you have buyers.

While LOT of people seem to disagree, and I think its because they are not making all that much so they are concentrating on all the wrong things like size instead of quality of lists, in my experience, freebie seekers are not worth wasting time on.

But thats me. I buy quality traffic, and put people on a list AFTER they make a purchase.

And my emails never end up in spam box, nor do I ever have complaints.

Build a list.

Everyone can be buyers (Of course, tag your buyers as well)

However, build a big list, of targeted leads (Interested in your niche)

And email them

Build a list of prospects, develop a relationship by providing value to your prospects and from there make consistent sales. A freebie seeker is just a person who doesn't trust you yet and hasn't made the decision to buy. Just because they are a freebie seeker does not mean they will never buy anything from anybody. Also, just because someone has bought from you in the past doesn't mean they will buy from you again and again. People buy from those that they like and trust. As the only saying goes the money is not in the list, but in the relationship with that list. If you can build a solid relationship with your prospects they will trust you and in turn buy from you.

I don't know if you can build a buyers list without freebie seekers. I say build both. Could come in handy if you have a blog and eventually the freebie seekers may turn into buyers.