You Can’t Spend Too Much Time Upfront Learning The Proper Fundamentals Of Super list Building 101!
Okay so you certainly took a long walk around that pond! But (ladies & gentlemen) lucrative list building 101 is just too
darn important! So it’s far better to pound you over the head initially, rather than sugar coat the reality and have you flounder later on simply because
you never received the proper foundation upfront.
On Average Only About Twenty Percent Or Less Of Your Subscribers Are Really Serious!
Just as a quick aside; imagine if you were watching the first two parts of this post via a free how to video series on youtube. And now in order to finally discover
the remaining five concepts, you simply needed to opt in order to receive the final lesson. Would it be worth it to you, after what you’ve been exposed to so far? Can you see the enormous long term potential to your business and or service, when you routinely share (little known) inside information?
Again: only your ideal prospects ( the 20%) would leap at the chance to join your list, because their curious to know the secrets! And the tire kickers and freebie chasers (aka) the remaining 80% will probably just move on! Great! Because at some point, only your really serious potential long term customers and clients will stick around and consistently spend any real money!
An Internet Marketing Legend Finally Reveals The Hidden Truth About Super List Building 101….
In fact: without name dropping here. There is an extremely well known “legendary” self made multi millionaire Internet marketer that openly admits on one of his paid audio products (that yours truly gladly invested in!)
That when their list was just over 100,00 opt in’s (it’s a whole lot bigger now.) He used to offer a sort of mini monthly consulting service for just $19.95 per month, and back then you also got access to an entire video library and other free bonuses just for taking a one month long test drive.
Anyway, about 1,000 people took him up on his offer of, one (reasonably length-ed follow up email question per month, that you could ask him regarding Internet marketing and he would personally guarantee to answer you within 72 hours or less! ( Not including weekends of course!)
And this was at no additional charge! Even back then his much sought after consulting services were still $500.00 per hour!
( It’s a whole lot more now!)
But here’s the real point: if you bother to do the math. If 1,000 people pay you $19.95 per month, that works out to a gross profit of $19,950.00 dollars per month!
And that was for just one of his lower monthly paid membership sites!
He openly admitted to having at least three others (at the time!) And they were all for a much more advanced and upgraded price! Yea, this guy was (and still is) making a ton in passive monthly residual income via the net!
But here’s the point; if you divide 1,000 by one hundred thousand, you (should) get a measly one percent!
( 1,000 divided by 100,00 = .01 or one percent.) Meaning- even though this guy had amassed an enormous double opt in list in excess of 100,00 subscribers! Just over a measly one percent were willing to actually pay to take advantage of this Internet marketing “legends” incredible proven expertise!
Building Your Own Opt In Email Lists Definitely Opens The Door To Previously Untapped Marketing Opportunities!
Because since the other membership sites and personal one on one mentoring programs were quite a bit more expensive! Even less people were actually participating in them!
So that meant on average that a staggering 98% of his double opt in subscribers were not willing to actually pay any real money (and of course) devote the time and actual energy needed to build a real sustainable online business!
So you can (and should) expect no different! Meaning- the majority of the people on your (single or double opt in) list, are not going to spend any substantial money! But you still need to be constantly building your list 24/7!
Just like 98% of you reading these posts, will not invest a dime!! That’s just the way it is cadets! So deal (effectively) with it! But two percent of 25,000 eyeballs per month or more! Spending money!
And you’re still doing okay! Now then, let’s finally get to those five simple ways shall we?
Introducing Five Incredibly Simple Ways For You To Cash In Now By Creating Your Own List!
1.) After you inexpensively test various (low hanging fruit) strategies regarding your list building, such as testing having a free monthly (or quarterly) birthday club drawing , and once a month (or once per quarter) one Grand Prize Winner will receive this or that.
You can JV (joint venture) your list with other (local offline), non competitive cash starved struggling small business owners (on or online) that need your exact same customers and would like access to them for 40-70% less!
2.) If you( or your JV partners) are currently doing any type of outgoing mail involving 1st class enveloped mail.
Here is a brain dead simple low cost marketing technique that both of you will benefit from. No matter how big your list actually is. Let’s say between the printing and postage, it currently cost you $3.85 per piece.
So in order to mail 10,000 pieces it would cost you $3,850.00 or $38.5 per 100 pieces.( Or 38.50%.)
Once you find three other JV partners (don’t over saturate) your offers. You could offer to let each one ride along with you in your outgoing mail and you have two arrangements.
Building Any Type Of Opt In Email List Will Definitely Help Lower Your Long Term Marketing Costs!
A.) They ride “piggyback” in your outgoing mail at no upfront cost in exchange for you receiving 25-50% of any upfront profits! And they keep 100% of any future generated back end profits!
B.) Or you simply charge them $1,500.00 dollars upfront and they keep all of their profits! That’s only $15.0o dollars per 100 pieces of mail or 15% per 1o,000 pieces mailed!
Keep in mine, if three JV partners join you upfront and they all pay $1,500.00 dollars apiece, that’s a gross profit of $4,500.00 dollars! ( Three JV partners who each pay $1,500.00 dollars equals $4,500.00.)
($4,500.00 dollars – your actual cost of $3,850.00 =a gross profit to you of $650.00) So your mailing actually netted you $650.00 in gross profits before you even send it out!
How often do you think the average cash starved struggling small business owner and or service provider does that?
(Can you say, An explosive free 7 page special report finally reveals! How the ultimate insiders can mail 10,000 pieces of mail free! ( And make a $650.00 dollar profit before it even goes out!)
This next split is huge! So pay close attention. You could offer to let just one JV partner ride in your outgoing mail (or you ride in theirs) but do so as a solo partner!
Meaning– by paying just $2,500.00 (or $1,000.00 dollars more) they ride solo and again they keep 100% of both their front & back end profits!
(Note: Or you can simply negotiate some type of other mutually agreed upon profit share.) If they choose to pay more to ride solo, then your mailing only cost you $1,350.00 dollars.)
($3,850.00 – $2,500.00 = $1,350.00) Which means (now) your 10,000 piece mailing only cost you, $13.50 cent per 100 pieces.
Or 13.50% ( 1,350 divided by 10,000 =.1350%.) Meaning you just shaved your up front mailing cost by 25%! ) (38.50% – 13.50% =25% savings!)
Hopefully You See How And Why Creating Your Own List Is So Lucrative!
(And Critical To Your Long Term Success!)
3.) Suppose you (or one of your JV partners) is running a very successful service business of some kind.
And you (or they) are seriously considering opening up a second location. Traditionally this would involve some serious (and expensive) long term bank financing.
But since both you and five of your top JV partners each have access to an ( on or offline) subscribers list of 10,000 each, or more!( See why you should always be building your own in house list?)
You simply contact your list and make them aware of how they can cash in on some incredible savings, because your JV partner can save a ton in long term traditional bank financing fees.
By pre selling various products and services and by doing so they will pass part of those savings on to your customers! This way they avoid paying outrageous upfront fees and avoid paying interest on all that long term debt! By contacting your subscribers (preferably) through an inexpensive series of emails.
You can contact 50,000 subscribers and if just a lousy 3% (or 1,500) people take you up on your offer, that could easily be worth hundreds of thousands of dollars! (1,500 divided by 50,000 =.03 or 3%.)
Remember; if you (or they) don’t have to spend any money on traditional advertising costs such as outrageously expensive newspapers, radio ads and long term bank financing etc. Then they can (and should) pass part of those savings unto your valued subscribers!
How To Successfully Apply Nothing Down Real Estate Financing Methods To Your Online Business!
4.) Once your (on or offline) list exceeds 10,000. You have just reached the magic threshold! Now you can begin to really cash in! Here’s how.
Once your list reaches the magic number of 10,000 opt in’s. You can now approach one of the many successful online marketers that routinely earns 5-6 figures per month!
And participate in a “No Money Down” (meaning 100% financing) Harvard type of MBA Internet Marketing Education!
You’ll do that by allowing your chosen Guru or Guruette to have 100% access to your list. And allow them to keep anywhere from 80-100% of any Front & back end generated profits!
In exchange they agree to personally coach and mentor you on the proven online money making fundamentals!
You’ll learn the ropes 100% faster! And your elite online marketing education will be totally 100% financed by the subscribers on your list!
Provided that you’re over delivering in high quality value. Whenever you send them an email that has your affiliate links in it, rest assured, that a certain percentage of them will purchase the recommended products or services.
5.) You can also get creative and let the gurus have access to your list and you’ll allow them to keep 100% of the profits, on your next three mailings of their affiliate links.
In exchange they agree to personally introduce you to least three other 5-6 figure monthly earners and they will give you two hours per month of personal group mentoring!
Each guru can share with you their specific insider secrets as it relates to their forte. Subjects like list building, sales page conversions, Facebook marketing strategies, or effectively using social media in general or proven copy writing strategies etc.
Bonus: Make Power List Building 101 Job One! (And Watch Your Long Term Profits Soar!)
Here is one final marketing strategy as it relates building your list. In order to really explode your long term back end profits. Another condition that both you and the guru’s agree to is, you will be allowed to record each power marketing group session.
And down the road you might decide to use it as either a powerful free upsell bonus!
Whenever your customers purchase a more expensive product or service, like signing up for a $97.00 dollar per month membership site. Or purchasing a $3,797.00 advanced six week coaching program etc.
You might decide to use part of the recordings as a powerful free lead generator giveaway! Or you can also use part of the recordings as a free bonus to your subscribers that participate in your surveys and other information gathering projects!
Or you just might create a sales letter and detail how these 12 hours worth of group mentoring sessions, put an additional X amount of front & back end cash in your pocket! And sell the entire recorded sessions, plus the transcripts and some serious bonuses for X amount of dollars!
This just scratches the surface of the incredible long term profit potential available to you on both the front & back ends of your on or offline business! Once you start power list building! Any questions?
Alright then. Nuff said! Get to it!
Here Is Your Must Complete Homework Assignment:
List at least two simple spin off concepts (in the comments section below) that you can apply to your business, product or service in the next 30 days or less!
As always, if you got any value out of this post, please tweet this. Thanks!
Extremely important note: And if by chance, you happen to know any of the lesser known podcasters,(or radio show host)
who also target small business owners, service providers or aspiring startups entrepreneurs etc.
And they’re pro-actively looking for potential guest speakers. Please don’t hesitate to-either- pass their name and contact information directly
to me or vice versa! Thanks!
(Click the link just below, and watch the first video at the top of the page, if you’d like to see the entire 33 minute replay, of a guest podcast on
marketing your small business or service. I Recently appeared on.)
(And speaking of you consistently generating some type of reliable passive income. This may just be what you need right now. Click the link to
to “discover” the real secret of the ultimate insiders.)
And be sure you grab your explosive free 22 step small business marketing idea kit series, because it will help you increase your profits by at least 25% in the next 90 days or less.
And help you master your effective communication in marketing skills.(No matter what your particular niche market is.)
It’s a $97 dollar value and it’s free! Please note some links on this page are affiliate (income producing) links.
