"How to Earn $19 a Month From Every Subscriber to YOUR Newsletter!"
I bet you would have never guessed it, but people are bringing in huge profits
by charging for subscriptions to their newsletter! Here's how...
Offering a free newsletter or ezine on your web site's topic of interest is
one of the best ways to generate traffic to your site and a build a reputation
as an expert. But why give something away when you can get paid for it? Print
publications charge a yearly subscription fee, why can't you do the same for
your ezine?
You can and it is possible for a paid-subscription ezine to be extremely profitable.
But with the Internet swamped with free ezines on just about every topic imaginable
how do you convince people to pay for yours?
Most ezine publishers are able to make enough money from promoting affiliate
programs and selling advertising in their publication that charging subscribers
seems silly. They don't want to limit their potential customers.
But done correctly you can make more profit with fewer subscribers with a paid
subscription ezine. The key is extremely valuable content. If something is really
of value to a person, they will pay for it. To create extremely valuable content
you must do the following:
- Become a complete expert on your topic and be able to write original and
exclusive articles for your ezine.
- Offer your subscribers information they cannot find anywhere else.
- Network with others in your field to get 'inside' information first and be
the first to tell your subscribers about it. Speed can be a very valuable thing.
You may also consider offering payment for hot tips/insider secrets/ideas to
share with your subscribers. If you show your subscribers you are investing
for a quality publication it helps validate the subscription cost.
Another idea is to negotiate or joint venture with other marketers to offer
a product or service that your subscribers would be interested in for a large
discount (50% off or above).
What seems to have worked the best for other successful paid subscription ezines
in the past?
To start out as a free ezine and then switch to a paid subscription or later
start a paid version of it.
For example, Wayne Yeager started out with a free version of his Trafficology
newsletter (http://www.trafficology.com) last year. In which he offered over
$1,300 each month in cash for the best traffic generating ideas. After he built
his subscription base up to over 20,000 he released Super Trafficology a paid
newsletter that he includes the best tips and tricks submitted. So far he has
325 subscribers paying $20 a month. 325 x $20 = $6,500 monthly. A pretty nice
profit and more than he would have probably made sticking in a few ads in the
free version or promoting an affiliate program paying 30%.
Monique Harris makes over $20,000 a month per month with her paid newsletter.
If fact she even wrote an ebook (along with Terry Dean) on the subject called
Paperless Newsletters (http://www.gotprofit.com).
As you can see it is possible to charge your ezine subscribers but you must
go about it delicately and make sure it is the right step for you to take. Will
you be able to create solid enough content to attract enough paying subscribers?
Would you make more money from 25,000 unpaid subscribers or 300 paying subscribers?
About the Author:
Wayne Ford is the owner of http://www.ProfitNewsletters.com where ANYONE can
learn how to quickly and easily build a opt-in mailing list and milk it for
everything it's worth! Subscribe to his free weekly Web Of Success Journal by
sending a blank email to subscribe@webofsuccess.com |
