List Building Secrets: 5 You"ve Not Fully Understood
Everybody is obsessed with having a bigger and bigger list of prospects.
Why? Because money is in the list.
Some experts agree that you can make up to $3 per name per month son your list.
So, how do you grow your list quickly without spending a fortune? Here are 5 secrets you are probably not exploiting fully...
1.
Have a Squeeze Page Have a squeeze page that converts at 20% or more.
A good one should have, an optin box, benefits for opting in, a killer headline and a strong call to action.
2.
Giveaway something of high perceived value.
This is the best way that has been found to work.
You will get more subscribers when you give away something than when you don't.
The higher the quality of you give away the bigger the conversion rate all other factors being constant.
3.
Enlist your customers into a sales force.
Conventional wisdom is that you send people to your website.
A certain proportion will convert into subscribers and an even smaller number will turn into buyers.
You can combine this with the strategy of asking for referrals.
An average person knows 300 people.
So if you have 300 people on your list, you have a potential market of 90,000 people.
So why not entice current subscribers to refer your website to their friends? This could see your list exploding almost overnight.
4.
Think outside the Box-form joint ventures.
Develop symbiotic relationships.
This is mainly where you join other marketers with complimentary products.
Market each others product to the combined subscriber list on commission.
The alternative is to create joint products.
5.
Determine the lifetime value of your subscribers.
This is important because once you have the figures, you are able to know how much you can spend upfront.
For instance if a new subscriber on your list will stay with you for five years, and on average every name on you list is worth $24 per year, then it will not harm to spend $10 to acquire a subscriber.
Why? Because money is in the list.
Some experts agree that you can make up to $3 per name per month son your list.
So, how do you grow your list quickly without spending a fortune? Here are 5 secrets you are probably not exploiting fully...
1.
Have a Squeeze Page Have a squeeze page that converts at 20% or more.
A good one should have, an optin box, benefits for opting in, a killer headline and a strong call to action.
2.
Giveaway something of high perceived value.
This is the best way that has been found to work.
You will get more subscribers when you give away something than when you don't.
The higher the quality of you give away the bigger the conversion rate all other factors being constant.
3.
Enlist your customers into a sales force.
Conventional wisdom is that you send people to your website.
A certain proportion will convert into subscribers and an even smaller number will turn into buyers.
You can combine this with the strategy of asking for referrals.
An average person knows 300 people.
So if you have 300 people on your list, you have a potential market of 90,000 people.
So why not entice current subscribers to refer your website to their friends? This could see your list exploding almost overnight.
4.
Think outside the Box-form joint ventures.
Develop symbiotic relationships.
This is mainly where you join other marketers with complimentary products.
Market each others product to the combined subscriber list on commission.
The alternative is to create joint products.
5.
Determine the lifetime value of your subscribers.
This is important because once you have the figures, you are able to know how much you can spend upfront.
For instance if a new subscriber on your list will stay with you for five years, and on average every name on you list is worth $24 per year, then it will not harm to spend $10 to acquire a subscriber.
Source...