How mach money do i need to build list of 10,000 opt ins in IM niche

by gil12
15 replies
I know you hate does qus' i just want to know that...
#build #list #mach #money #niche
  • Profile picture of the author Marketing Fool
    Absolutely no way to answer that question... could be ZERO...could be thousands or millions depending on your marketing chops...
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  • Profile picture of the author Alexa Smith
    Banned
    Originally Posted by gil12 View Post

    I know you hate does qus' i just want to know that...
    Do I know you well enough to give you a very honest reply without offending you?!

    This one's a really bad question!!

    It's looking at "list subscribers" numerically. This is totally unhelpful to you. It's really quick and easy and cheap to build a list of 10,000 (e.g. from something like ad.fly traffic), but you'll never monetize it. At all! :p

    I can earn more from a list of 100 people (which I built myself) than you can earn from that sort of list of 10,000. It's about targeting and relationship-building and responsiveness.

    The number of subscribers doesn't matter. It's the income that matters. Never assume that the list-size is proportional to the income! See if the details in these two posts help ...

    http://www.warriorforum.com/main-int...ml#post7865873

    http://www.warriorforum.com/main-int...ml#post6123982
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  • Profile picture of the author Alex Blades
    Depends on what kind of list you want and how much time you want to spend building it. You can buy 40 million emails for $34.00 maybe even $5 on fiverr

    You can build a very responsive list for free, that will take alot of time and work to build a relationship with your subscribers.
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  • Profile picture of the author Tim_Carter
    Aren't you the guy that wants to spend 15k for list building?

    Alexa is right - numbers mean nothing, so be choosy about how you get subscribers. Freebie seekers = waste of time ans money.
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    • Profile picture of the author Rbtmarshall
      Heres a plan. combining both of your questions.


      set up a landing page that is offering $1.50 direct to their paypal if they opt-in. that way you're getting a verified buyer, and building your list at the same time.


      win/win
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      • Profile picture of the author Alex Blades
        Originally Posted by Rbtmarshall View Post

        Heres a plan. combining both of your questions.


        set up a landing page that is offering $1.50 direct to their paypal if they opt-in. that way you're getting a verified buyer, and building your list at the same time.


        win/win
        Lol, that is not a bad idea, since the average cost to build a PPC list is $1.00 and no guarantee they are buyers. You could set yourself up for scammers also, could be posted on a blackhat site and have thousands sign up in a day with fake paypal and emails
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        " I knew that if I failed, I wouldn't regret that.
        But I knew the one thing I might regret is not ever having tried. "

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  • Profile picture of the author Malcolm Thomas
    As others have already stated, the size of your list doesn't matter. What DOES matter is how responsive to you that list is.
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  • Profile picture of the author JHandy
    I've seen another question by you and I believe you had 15k to invest to build your list. My concern is that having the right amount of money is not your problem. I don't think any amount of money would help you. I believe that money would best be spent with a coach or a mentor. That will get you a lot further than trying to build a list with no IM knowledge or should I say very little based on your questions. I must admit, I'm not an expert by no means, but I do know that I wouldn't come on a world wide forum and say I have 15k to invest and also ask in this forum how much money do I need to build a list of 10k subscribers.
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  • Profile picture of the author Coby
    Obviously there are a ton of variables...

    But let's say you want to build a list with solo ads...

    If you were getting a 30% conversion then you would need 30,000 clicks....

    Multiple that by the average "cost per click" of about 50 cents... You would need approximately $15,000 to build a list of 10,000 subscribers.

    Of course this doesn't take into consideration the unsubs you might get along they way (could be as high as 10% if building a list super fast using solo ads)...

    While the math isn't perfect maybe this will give you a rough estimate.

    Cheers,
    Coby
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  • Profile picture of the author StevenJones
    Originally Posted by gil12 View Post

    I know you hate does qus' i just want to know that...
    How much time to build a quality list of 10,000 responsive buyers?
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  • Profile picture of the author wallstreeterwww
    Originally Posted by gil12 View Post

    I know you hate does qus' i just want to know that...
    The first thing you need after a reliable auto responder is a great sales funnel . You can learn to build it for yourself or you can have someone build it for you. There are people on the warrior forum that offer this service. Once you get that done you can try
    Joining a group that evaluates solo ad sellers like the robs inner circle (which is what I will join soon).

    I haven't gotten to the part where I start making money yet but I hope this will help.
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  • Profile picture of the author juangarciamtl
    build the list yourself
    it may have more response
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    More than 105 modules , scrapes, post and make money.
    http://autopostingtools.com/

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  • Profile picture of the author JasonBennet
    I think judging by the list size is not correct as it will depend on how responsive is your list. I think having a marketing campaign in place where there is a mixture of paid traffic method and free traffic method that will help to grow your list.

    You will want to track the opt in conversion of your squeeze page and the sales conversion of the product that you are promoting. Focus on providing quality values to the subscribers so that they will be responsive to your email.

    Just keep building it up and soon it will reach 10,000 subscribers.
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  • Profile picture of the author LexiB
    The number you have in your Aweber means nothing. The only number that matters is whats in your merchant. That's it.

    I'd also suggest that you learn how to manage a list before going all crazy on building one. If you can't mange the list what's the point of having one. And picking a random clickbank offer every day and mailing isn't list management.

    Get good training from a well known person on list management and also get good sales training and that's all you'll really need. Knowing how to sell will get people on your list. Knowing how to manage the list will allow you to strategically place your offers in a sequence and plan your campaigns. Knowing how to sell (again) will make those emails get opened, links clicked and money in your cart.

    Good luck
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