List builders...what do you think of this?

20 replies
Everywhere I read about list building it says you should be able to get each subscriber for about $1 targetted. I also read everywhere that each subscriber is worth about $1/month each if you do everything right. So wouldnt it make sense to throw down whatever you can say $10,000-$50,0000 to buy the subscribers so that you can make that each month? I mean you will have your initial investment back in the first month or 2 then the rest is pure profit. Even factoring unsubscribers you will still be making huge bank monthly. Or am I missing something?
#builderswhat #list
  • Profile picture of the author Greedy
    1. Its easier said then done. Concepts are concepts, the real world is something else.

    2. Getting targeted lead is sometimes hard, and many times the traffic sources are limited. Sometime you can only spend $250 in a week with your budget set as high as it goes. So simply put spending $10,000 to $50,000 is not an option.
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  • Profile picture of the author sarlat
    Originally Posted by bigballin6161 View Post

    Everywhere I read about list building it says you should be able to get each subscriber for about $1 targetted. I also read everywhere that each subscriber is worth about $1/month each if you do everything right. So wouldnt it make sense to throw down whatever you can say $10,000-$50,0000 to buy the subscribers so that you can make that each month? I mean you will have your initial investment back in the first month or 2 then the rest is pure profit. Even factoring unsubscribers you will still be making huge bank monthly. Or am I missing something?

    The money is not in the list - the money is in the relationship you build with that list and how responsive they are to your messages asking them to click on the links you supply or purchase the products you recommend.

    Building a list of 10,000 people without builidng a rapport with that list is not going to earn you a cent.

    List builidng is not per se what you should be focussing on. Creating products of value that offer solutions to people who are in pain is what you need to be focussing on.
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    • Profile picture of the author jamiebarclay
      Originally Posted by sarlat View Post

      The money is not in the list - the money is in the relationship you build with that list and how responsive they are to your messages asking them to click on the links you supply or purchase the products you recommend.

      Building a list of 10,000 people without builidng a rapport with that list is not going to earn you a cent.

      List builidng is not per se what you should be focussing on. Creating products of value that offer solutions to people who are in pain is what you need to be focussing on.
      I agree with the above comment. The key is in the relationship and to learn the skill it is best to start small. I also agree with the Product creation process that can help out those in need is a good way to build credibility.
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  • Profile picture of the author Daniel Evans
    Yeah, you can throw down money on ads with the simple goal to make more than what you put in.

    You'll find though, that it's probably not as black and white as that rule of thumb suggests since there's going to be many factors inclusive of what you're selling, who you're targetting and how fierce competition is which will reflect your ad bid for exposure.

    Daniel
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  • Profile picture of the author sarlat
    The money is not in the list - the money is in the relationship you build with that list and how responsive they are to your messages asking them to click on the links you supply or purchase the products you recommend.

    Building a list of 10,000 people without builidng a rapport with that list is not going to earn you a cent.

    List builidng is not per se what you should be focussing on. Creating products of value that offer solutions to people who are in pain is what you need to be focussing on.
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  • Profile picture of the author gjohansson1
    It depends on a lot of things, including:

    -Your niche
    -Your ability to form business relationships
    -Your conversion process
    -The price point of your product

    And quite a bit more. Ideally, you would be able to earn $1 per subscriber per month if you knew exactly what you were doing. Let's do an example with a $97 product that you created:

    You have a compelling squeeze page that converts at 30%, 7 well crafted follow up messages packed with value (and your link) and a sales page that converts at 1%.

    Let's say that you only convert at 1% by the time each subscriber hits your 7th message. Let's also say you purchased $1000 of solo ads and got 2,000 visitors.

    By this example, you would gain about 600 new subscribers, 6 customers, and make about $582.

    It really comes down to testing, tracking, and optimizing your entire sales funnel.

    One month I was getting a 20% conversion rate on my squeeze page, but by doing 1 single split test I increased that to 40%. Same thing with my sales page, but from 1% to 2%. This was all based on 1000 visitors as well.

    Test, track, and optimize everything!
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    • Profile picture of the author Brent Schmidt
      Originally Posted by gjohansson1 View Post

      It depends on a lot of things, including:

      -Your niche
      -Your ability to form business relationships
      -Your conversion process
      -The price point of your product

      And quite a bit more. Ideally, you would be able to earn $1 per subscriber per month if you knew exactly what you were doing. Let's do an example with a $97 product that you created:

      You have a compelling squeeze page that converts at 30%, 7 well crafted follow up messages packed with value (and your link) and a sales page that converts at 1%.

      Let's say that you only convert at 1% by the time each subscriber hits your 7th message. Let's also say you purchased $1000 of solo ads and got 2,000 visitors.

      By this example, you would gain about 600 new subscribers, 6 customers, and make about $582.

      It really comes down to testing, tracking, and optimizing your entire sales funnel.

      One month I was getting a 20% conversion rate on my squeeze page, but by doing 1 single split test I increased that to 40%. Same thing with my sales page, but from 1% to 2%. This was all based on 1000 visitors as well.

      Test, track, and optimize everything!
      I will have to agree with you on this one.
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  • Profile picture of the author Aaron Autrey
    I'm not sure products are the problem for me, it'd just be the day to day content. Or maybe I should only send emails 2-3 times a week to my subscribers. Don't want to annoy them...
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    • Profile picture of the author fin
      Find out what works and scale up.

      Don't just throw your money into the wind.
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  • Profile picture of the author rodneybrooksjr
    Originally Posted by bigballin6161 View Post

    Everywhere I read about list building it says you should be able to get each subscriber for about $1 targetted. I also read everywhere that each subscriber is worth about $1/month each if you do everything right. So wouldnt it make sense to throw down whatever you can say $10,000-$50,0000 to buy the subscribers so that you can make that each month? I mean you will have your initial investment back in the first month or 2 then the rest is pure profit. Even factoring unsubscribers you will still be making huge bank monthly. Or am I missing something?
    If you pay $1 per lead, yeah the subscriber should be worth $1 per every mouth they are on there. To accomplish this you have to sell them something that is worth $12 or have them join a membership site.
    If you have $10,000-$50,000, you could be an investor. I hope this was usefully.
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    • Profile picture of the author Jackson Tan
      Yeah.. eventually we still need to test and fine tune our sales funnel.. even when we have a list.. the customers in the list and not all similar and hence have slightly different needs. is up to us to find out what they want and give them what they want.

      the main issue would be building your list and the relationship with them.. no magic button here..

      my 2 cents~
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  • Profile picture of the author slicka
    yes in theory thats doable, but its not nearly as easy as it seems. you need quality products and a great relationship with your list to earn from it
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  • Profile picture of the author tac88
    With that method you have no way to build a relationship with your list and without that they will never open your emails. Building a list is building trust, so once you have a list you need to answer there problems and provide quality information about whatever the reason why they joined your list in the first place over and over.
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  • Profile picture of the author paul nicholls
    if your prepared to pay for traffic in order to see results then that is a good thing

    however

    you can`t just throw money at the wall and hope that some of it will just stick

    this is how many marketers lose there shirt when it comes to paid traffic

    start off small and start optimizing your campaigns and try to make them as profitable as possible

    even if your not making any profit and your just breaking even that is fine because you know that if you spend $1k on traffic and you make back around the same then you would of still gained hundreds of new subscribers

    so looking at it that way the campaign was still a success

    start off small and then when your getting good results, that is then the time to really scale things up

    paul
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  • Profile picture of the author Coby
    Yep - that's what I always suggest to folks...

    Spend money to get a good sales funnel made (if you can't create one yourself)...

    Buy traffic in small amounts to test the funnel...

    Tweak sales funnel until break even (or better)...

    Then buy more and more traffic...

    Once your sales funnel is break even (or better) you are essentially building your list for free and that is a beautiful thing

    This is what I did and still do to this day

    List building rocks
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  • Profile picture of the author Matt Carlson
    Money is not in the size of your list,it is in the quality of the list and the relationship you build with those subscribers.

    A "buyer" list is at least 10 times more powerful than that made from freebie seekers and with a "buyer" list,you can easily make more than $1/subscriber per month.

    Before you start building a list,be sure to properly build a backend funnel.As most of your profits will come in the backend promotions,having a few products that match with your prospects needs and aspirations,will make a big difference to your bottom line.
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  • Profile picture of the author loveallofya
    This is not a good idea.
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  • Profile picture of the author headmaster211
    Banned
    I don't really think you need to spend so much of money to get the same amount of subscribers. You can start with the paid methods. Get a nice converting squeezepage, get some paid traffic as you have money.

    Try different traffic sources as all traffic sources are not same. You can spend 100$ on adwords to get 20 subs, whereas you can get 50 targeted subs with FB for 20$. All depends on your testing. Do what works best and eliminate that doesn't work. There are good paid traffic sources. Solo ads are one to go. I like JV Giveaway events to build my list too.

    Once you have good 1000-2000 subs. You can can do adswaps with other list owners and grow your list fast.

    Youtube could be good source of free traffic if done properly.
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