The Amazing Power Of List Building
Just assume that you’ve got a list of 500 subscribers, and you never really bother about them. Then you decide to recommend them one of your affiliate products. This affiliate product will earn you $30 for each sale. And because you did not really bother about your subscribers, your conversion rate will be low, let’s say 1%. So if the email was sent, how much can you profit from it? The calculation will be:
500 x 1% x $30 = $150
Wow! Not a bad return of investment, all you do is just capture email address and you did nothing about your subscribers. Now, let’s change it to another case. Let’s say you’ve accumulated quite a big number of subscribers, let it be 5,000 subscribers.
This time, you provide valuable information for your subscribers, you educate them with what they are looking for, and hence your conversion rate will be higher, just assume to be 5%. Amazing thing is going to happen soon. By promoting the very same affiliate product again, how much you are going to make?
5,000 x 5% x $30 = $7,500!!!
That’s it; can you see how powerful a list can be right now? I believe that you can see the big picture now. Internet marketing is all about building relationship, the same goes for any offline business. It is not what business you do, it is who you know. Heard this before right? It means that if you build a great relationship with your customers, you can make millions.
Is It That Money Is Really In The List?
No, only 50% of this fact is true. The money lies within the relationship between you and your subscribers. Don’t know how to build relationship and promote products to your subscribers? It is simple; just take it as you are telling your friends about how great the movie you have watched last night. Think about this, if you really went for a movie last night, and the movie was great, do you tell just one of your friends or you tell everyone of them about the movie?
I’m sure that you will tell everyone about the movie. This is because you want to share your joy with your friends. This is it; recommend something that you think can really help your subscribers in solving their problems.
This is how you can generate automatic income from the internet, by harnessing the power of list building. And this is how Ewen Chia made millions from the internet. Look at his Autopilot Profits System now!