OK..Build a list..am I on the right path here?

7 replies
Hey all, this thread is a spin-off from the "Noobs Pay Attention" Thread. So as a Noob, I know I need to build a list. And yes, with my list I can do all kinds of stuff. Promote my site with newsletters, updates etc. What is the end result though, selling a product correct? Be it a book, report, WSO, or whatever, my list serves to be a dedicated group to buy product I am guessing? I heard shoot for 8-10% of your list to actually buy something. So, I have a good list with loyal followers which I hope will buy something I sell. I'm hoping the answer is all "yes" to this because then I have the list figured out. The other stuff, forgive my ignorance, but with all the info here (all great I'm still figuring out exactly how I can monetize my site. I know the list is crucial, the other stuff I'm still learning.

A bit of a separate topic, but I would love to see a "guide" per say of different ways to monetize a site. I want to take action (more great advice) but I need to set a course.
#listam #okbuild #path
  • Profile picture of the author MichaelSJohn
    Read some of the stuff by Jason Fladlien. The guy is very bright.
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  • Profile picture of the author TopKat22
    Originally Posted by mjsca07 View Post

    Hey all, this thread is a spin-off from the "Noobs Pay Attention" Thread. So as a Noob, I know I need to build a list. And yes, with my list I can do all kinds of stuff. Promote my site with newsletters, updates etc. What is the end result though, selling a product correct? Be it a book, report, WSO, or whatever, my list serves to be a dedicated group to buy product I am guessing? I heard shoot for 8-10% of your list to actually buy something. So, I have a good list with loyal followers which I hope will buy something I sell. I'm hoping the answer is all "yes" to this because then I have the list figured out. The other stuff, forgive my ignorance, but with all the info here (all great I'm still figuring out exactly how I can monetize my site. I know the list is crucial, the other stuff I'm still learning.

    A bit of a separate topic, but I would love to see a "guide" per say of different ways to monetize a site. I want to take action (more great advice) but I need to set a course.
    yes, the answer to all the first questions is yes.

    The real key is to find a market and niche to sell what people are already buying and that doesn't have way too much competition.

    So many people get into the IM niche as the only niche and it is highly competitive which is much more difficult for a newbie plus in the IM niche you are marketing to marketers who know all the tricks.

    However, if you find a niche that has good global or us monthly searches in google and some but not a lot of competition, that is what I call the "sweet spot" and it will take much less effort, imo, to get to the point where you are actually making money.

    As for how to monetize your site, if you are building a list, on that squeeze page, it is best to NOT have anything else on it because your monetization comes from selling to the list.

    You will want to add a blog to send people to your squeeze page but again, I don't have any ads or anything but my own marketing other lists.

    Then join affiliate programs that relate directly to your niche or check out my favorites, Amazon.com and Commissionjunction (cj.com) .

    Many people here like clickbank.com, but it is not one of my most favorites.

    Those are my suggestions and what I do but there will surely be a ton of great other advice for you from others, as well.

    The key is to find something, take action and stick with it for a month or so.

    You will make mistakes, we all do, just correct and go on.

    Good luck.
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    44 days in and we broke the $10K a month recurring bench mark.

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    • Profile picture of the author opt in
      I would consider finding a list building guru type of person on this forum and stick to his strategies. Implement step by step and don't get distracted by all the other strategies out there until you nailed one.

      To find the right Guru in your niche or in list-building, look for a Guru that focuses in monitizing lists and once you found a few, ask them specific questions concerning your situation. (budget, goals, skills needed, etc)

      Look also at the comments (posts) in their WSO thread. Look specifically for Warrioirs that had an experience with the Guru and see if the comments are positive.

      Than dowload the WSO and stick to the teachings until you are successfull.

      Good Success

      David
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  • Profile picture of the author Khalil Bashir
    Yes your ultimate motivation is to be able to profit from the list. There are things you must do marketing wise to build the list and once you generate consistent traffic through whatever medium you are using, you must then convert the leads by providing content which then convinces the lead to buy in to your opportunity or whatever you have to sell.
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  • Profile picture of the author DSTeam
    One thing you could do regarding your list building efforts is the the promotion of instant commissions type of products. You can join as an affiliate with many networks, like DigiResults, JVZoo, PaySpree, Warrior Pro etc.

    Thus you can quickly make back your investment if you're gonna' use paid traffic methods.
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by mjsca07 View Post

    am I on the right path here?

    I think so, yes.

    Originally Posted by mjsca07 View Post

    What is the end result though, selling a product correct?

    It's even bigger/better than that.

    It's forming relationships with people who value/respect your information/contributions/news/opinions. You can nurture them and make a whole "sales process" out of it, rather than just "selling a product". Multiple products, eventually - to a proportion of them.

    Originally Posted by mjsca07 View Post

    I heard shoot for 8-10% of your list to actually buy something.

    I haven't heard that one. I just shoot for "as many as possible" to buy something.

    But I do that by concentrating on the process, knowing that if I do that, the sales will eventually come.

    My "process" goes something like this ...

    The primary purpose of my sites is to secure the opt-in, and to set their expectations ...

    The primary purposes of the "free report" (or whatever it's called) which I send out in exchange for their email addresses are (a) to ensure that they expect, receive, open and read all my subsequent emails, and (b) to give myself a chance of eventually earning something from their friends to whom some of them forward the PDF (in spite of my explanations that they'll do their friends a far bigger favor by encouraging them to opt in, instead) ...

    The primary purpose of every email I send them is to make sure that they expect, open and read the next email.

    If I can achieve all that, the sales will and
    do come. Anything I do to emphasise the sales process itself is only ever likely to detract from that.

    Originally Posted by mjsca07 View Post

    I'm still figuring out exactly how I can monetize my site. I know the list is crucial, the other stuff I'm still learning.

    You have the priorities the right way round.

    The rest is subjective, and opinion only ...

    Some forms of monetization of sites can conflict a little with others. For example (from my own experience), if promoting ClickBank-type products, I woudln't ever put AdSense-type advertising on the site. To me, it makes no sense, while trying to earn affiliate commissions, to give traffic additional ways to leave my sites (and ways which earn me only pennies) rather than staying there. So you do, eventually, need a clear perspective on your monetization methods, too.
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