The fifth step is building a responsive list of email subscribers and monetizing them!
One of the biggest secrets of people who make millions online is they know how to build and cultivate a loyal group of email subscribers.
Here’s how it works:
When you start sending traffic to your online business, the first thing you’ll be doing is capturing emails.
These emails get stored on your 'list', where you can follow-up with them with pre-written and scheduled emails, as well as by sending them one time broadcast emails.
This ‘list’ is your greatest marketing asset. The more people on your email list, the more money you’ll make each month.
An old Internet Marketing adage was you can make
$1 per subscriber per month on your email list.
1000 email subscribers = $1000 per month.
10,000 email subscribers = $10,000 per month.
There are 2 secrets to making money by sending emails to your list:
1. Send emails that provide value, deliver results and help your subscribers get what they want for free.
2. Email your list daily.
Now list building and making money from your list is not the goal. It's simply a by-product of driving traffic to your sales funnel. Your sales funnel will convert new subscribers into sales when its setup right. Your emails will keep people around so they buy later and buy more stuff.