Is I email marketing still viable?
I made the decision to try and make some money online over 1 year ago. I have had little success so far but have learned a ton of stuff. The limited success that I have is through sales of books that I have written.
The sales come from Amazon so it's using their platform (So probably not even classed as "internet marketing") I do have my own websites that have quality content to back these books up and link to them.
I know my niche well and have a real passion for it so I suppose I have an advantage.
However, it has become very clear to me that list building should be the top priority for any internet marketer.
From my own experience, I am very aware that when I sign up for a freebie, I will get emails from the creator of the product but most of the time these emails are in my spam folder and I don' open them.
I know that I am just 1 person, so I asked a few members of my family and some friends what their thought on their inbox were.
The general consensus was that they all get loads of spam and they won't think much of an email if they didn't recognise the sender or they thought it was a sales pitch.
As I am interested in internet marketing, I get stacks of mail about the latest "Best ever" system that will make me rich, but I rarely even open them now I guess I'm on a lot of lists
I recently bought one of these systems just to see if I could make a bit of cash. The system is based around email marketing and is in the make "money online niche" (believe it or not).
This system follows all of the rules of how to build a list and has a great sales funnel once a lead is generated.
I imagine that it is harder to make sales through email marketing today than it was 10 years ago?
So if you consider a good sales funnel is present and quality products are offered through email marketing in this day and age, how big would your list need to be to make any kind of decent money?
I'm thinking in the 100k - 500k regions?
I'm just after some stats. If anyone can share this information, or have thoughts on any other points in this post, I would be really grateful.
Cheers
Jim
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