I talked recently about the value of having a list. John Chow also recently did a post on how he made $4,000 in one day just through his subscriber list. So this is proof that a list is extremely valuable.

I want to talk about how to make money from your list. Personally I am building my list to a solid number and I know that Jason is doing the same. I recently tripled my subscribers from 250 to 950 in just 30 days. Which is a good effort by anyone’s standards.

So, if you get to the point of having a decent sized list (over 1,000) then how can you make money from it?

1. Make Money From Your Blog

When using Aweber, you can combine your RSS subscription with your Aweber email subscription. The more RSS subscribers you have the more you can ask for advertising on your website. I have personally used this technique to get advertisers for my website.

This is a great way to make some money indirectly from your newsletter.

2. Promote Your Own Products

This is the number 1 way to make money from your newsletter subscribers. You need to first build trust with them and then when you create a product you can send some emails out to your list telling them about your product.

I recommend offering your subscribers special deals that are not available to anyone else. This way you will increase your conversion rates and continue to build trust with your subscribers.

3. Do Joint Ventures

As your list grows, joint ventures are the perfect way to make money. You can swap ’solo emails’ with other entrepreneurs who have lists (but I would avoid this).

You can also market someone else’s product to your list. This is how John Chow made $4,000 in one day. He simply sent an email to his list about another product and he made $4,000 in comissions.

You can also market your product through other people’s lists, offer the owner of the list a “commission” for every sale. This is great because you can make money, and you can continue to build your list through this method.

4. Paid Advertising

It is possible to get people to pay you money to send out a ’solo email’ to your list. Or you can also allow people to place advertising in your weekly newsletters.

Personally I would steer away from all advertising. The value of your list comes when they truely trust you and advertising a bad product can reduce or completely remove that trust. But, if you do want to make money from advertising then by all means give it a go.

I recommend placing advertising in your email newsletters that get sent out each week. You can place a small advertisement, which is less intrusive to a solo email and you can still build trust with your newsletter.

As you can see it is not that difficult to make money from a list. I recommend you start build one asap through your blog or through forum marketing and you will then discover the true power of your list.

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