Best Way To Earn Passive Income In 2020: Email Marketing

by

27 February 2020

Marketing

Email

If you’ve done it well enough and offered something of value for free, then a bunch of people will opt-in. Now you have their email address and contact info and you can follow up with them for the end of time or until they unsubscribe.

So, its important to give out some sort of free gift that you give to people in order to get their email. Okay.

Emails- All You Need to Know: 

So what is your free gift, what are some things that work, really? Free ebooks. I’m sure you’ve seen those: “download our free report on __” For example, the eBook that I was circulating as a free gift was – “The 11 questions to change your life”.

And then if people liked it (in a lot of cases they did), they want more and I give them an offer from my best Journal course, so there you know after they got it all they can get my best Journal course. So this is a very simple, opt-in I put 11 questions down and I give it away for emails (Shopify product research). Now, this right here has brought in probably ten thousand email addresses and, people have moved or they’ve unsubscribed or I’ve deleted them.

Like I talked about earlier, but just from this little book right here I was able to generate a lot of income. Now I have their contact. So whenever I have a new video out, I know that they’re interested in self-growth. So maybe if it’s a self-growth video, I’ll shoot it out to them. Or maybe if it’s like a new offer I have, I’ll shoot it out to them.

Checklist:

So anything like this, which is sort of like a free book and I say its more of a checklist, which is the second thing that works really well – you can do a checklist. I know some big entrepreneurs who were like to get the free YouTube checklist. Okay, like the five things to grow your YouTube channel get for free.

Checklist and you take their email through email marketing and then you send it to them and it’s all automated. Another thing that I’m a big fan of its free membership sites and. For instance, I’ve had one in my Facebook Community for YouTube entrepreneurs. It’s pinned in the description there. And so it’s like a gear list, a list of stuff you use or a quick start guide and the goal with your free report or your free opt-in or your baits is to get people immediate results.

A good question to ask yourself is, what’s like something that your audience could take action on open and get immediate results on in like 10 minutes. So you don’t want your free report to be like an entire book, right? Authors will say get my first chapter for free, you don’t want your free report to be like just mega long, although it is a strategy, I’m not a fan of it. If I get a free gift, I want it to be immediate action.

So here is like gear favorites for it and conveniently these are all affiliate links, which is also cool, because even if they don’t buy anything from me, down the road and they still get some good info if they want to buy something for themselves. Well, I make a commission on this. So that’s a cool way you can cross-pollinate your income streams.

I’ve built a multitude of free gifts and distributed them to my subscribers through click funnels something that they can do in 10 minutes or look at in 10 minutes, something that you can put together super quick even in like a Pages document or a Word document or a Google Document and just export it to a PDF. But don’t spend too much time on this, the goal is to just get something up that you can start giving away to people to collect their emails through the email marketing.

Best Way To Earn Passive Income: Email Marketing

Lastly, when it comes to email marketing is for you to have multiple lists. This is because people have different interests. The people who are interested in YouTube, they’re not guaranteed to be interested in personal development, for example.

They’re not, into maybe saving and investing and so if you talk about multiple things on your Channel, blog or your brand you want to segment your list as much as possible. Okay, so just try to narrow it down to people who like tennis or people who like golf or people who like swimming if you have a sports club or something like that, because of the tennis people are getting swimming tips. They’re going to unsubscribe.

They’re going to get pissed off and that makes sense because you signed up for tennis not swimming. So as much as possible whatever that is in your business, try and segment your list as much as possible. And so that’s why I have 20 lists of them have 300 people and some of them have 6000 people.

Read Also:

Content Rally wrapped around an online publication where you can publish your own intellectuals. It is a publishing platform designed to make great stories by content creators. This is your era, your place to be online. So come forward share your views, thoughts and ideas via Content Rally.

View all posts

Leave a Reply

Your email address will not be published. Required fields are marked *

Related

Location-Based Data

What to Know About Location-Based Data

For businesses in any industry and of any size, location-based data and the use of a location analysis tool can take your marketing to the next level. Location-based marketing means that you’re targeting your audience based on where they are at a current moment, or maybe where they’ve recently been. For example, you could target an audience that had recently been to a local car repair shop, or maybe you’re using zip codes to target people. Location data can provide a lot of information about what a person does on a daily basis. This could include their shopping habits, where they prefer to eat, and it can even provide information about how they go from looking at a product online to buying it in a store. The use of location-based data means that you can personalize your products or services and be more targeted and efficient with your marketing. The following are some of the big things to know. The Basics Location data is typically a reference to the specific geographic position of a smartphone or another device, or a building. There are coordinates that are expressed as Latitude and Longitude, and these are the geographic positions themselves. As far as marketing, GPS data is what’s most commonly being talked about. GPS provides coordinates gathered by a device. There’s another term to be aware of here too, which is a Software Development Kit or SDK. SDK codes are used by app developers. These codes then tell the app once it’s installed on someone’s device to collect location data from that device. The codes that are installed in an app do require that the user give explicit permission for the collection of location data. The SDK method gives deep insight into the habits of users, but the opt-in element is important. Usually, the opt-in is obtained when a user first interacts with an app after downloading it. In some cases, an SDK can only work when the app is open, and others can run in the background. Legality Location data doesn’t record someone’s identity or any information that could personally identify them. Businesses small and large throughout the world do use location data. There are regulations and legal compliance issues to be aware of, though. For example, data privacy laws dictate how businesses can collect and utilize some customer data. A data collector has to get the specific consent of someone to use, store, manage or share their data. You also have to provide them the opportunity to opt-out any time. Strategies For Location-Based Marketing There are a lot of ways that you can use location-based data in your marketing. Examples include: Geofencing: This is a concept where location data is collected in real-time. With this approach, there’s the creation of a virtual perimeter around a certain location. Then, you’re either gathering data within that or targeting. You can use it for proximity marketing. For example, if someone with your app enters an area within your perimeter, then they might get a push notification letting them know of a sale or event. Geotargeting: This is about delivering ads to people in a particular location, but it’s different from geofencing in that it can use previous location data paired with specific attributes of the audience. It might, for example, use location along with interest or behavioral data. This gives the opportunity for segmented and tailored marketing. Conquesting: This location-driven marketing approach is about reaching your competitor’s customers. For example, you’re using collected data to reach an audience when they are visiting the location of your competitor. What Types of Businesses Are a Good Fit for Location-Driven Marketing? There are broadly a few types of businesses that might find location marketing is a good fit for them. First, if you have retail locations, it can be a good idea to explore the collection of location data. This can include shops, restaurants, or car dealerships. If you’re a business that has special events or seasonal events, you might consider it. This could include event venues, sporting businesses, and businesses in travel or hospitality. eCommerce brands might use location marketing to find shoppers that go to brick-and-mortar competitors. Niche industries such as transportation and real estate as well as education can benefit from location marketing. Location data is really the biggest thing right now in terms of understanding customer behavior and the full customer journey and filling in gaps in that journey or perhaps the gaps between online and offline behavior. Read Also: Crucial Role of Content Marketing in Local Business Tips on Doing Search Engine Marketing (SEM) for Businesses 5 Marketing Tips to Help Grow Your Business on Instagram

READ MOREDetails
pay per click services

What Can I Do To Make My Company Website More Profitable And Powerful?

As many marketing experts know, a company's website is oftentimes one of the primary mediums through which the business generates revenue in the online world. In light of this reality, it's immensely important for business owners seeking maximum profitability to make their websites absolutely amazing. If you're looking for strategies that will help you make your business site more profitable and powerful, this is the article for you. Read on to learn about several web optimization strategies that can really enhance your organization's sales online: Read also: Top 4 Reasons To Outsource White Label PPC For Your Business 1. Optimize Your Content Content marketing is still one of the most important online advertising strategies on the block. This is the case because people will view your content when they're seeking more information regarding what your brand is about. In many cases, content is the factor that leads the prospect to make a purchase and then become loyal to your brand. Moreover, creating dynamic content can lead to more shares, thereby increasing the likelihood that your company will go viral. Once you recognize the integral role that content plays in making a brand successful online, you'll understand the importance of continually populating your website with dynamic, intriguing web articles and videos that your target audience will want to view and share. Luckily, there are many relatively simple strategies you can deploy to take the quality of your content from average to exceptional. One is consistently embedding incredibly beautiful or innovative images into your content. Another is optimizing the content for scannability through the implementation of textual elements such as headers, subheaders, bullet points, and numbered lists. 2. Try Pay Per Click Advertising Pay per click advertising is a form of marketing that involves buying ads that will appear on a website, blog, etc. The clicking activity will typically direct individuals to the business owner's website, thereby putting the brand recognition and conversion processes in full effect. Attaining these types of advertising services can help increase your sales while also extending your sphere of authority in the online domain. Companies such as Solid Cactus are pleased to provide their clients with pay per click services. 4. Make Your Calls To Action More Compelling Your website calls to action are one of the most important conversion optimization tools that you have. This is the case because the call to action directs your reader/viewer to do something that will be somehow advantageous for your organization. A perhaps obvious example would be encouraging the prospect to make a purchase, but this is not the only type of call to action that could benefit your organization. Another one might involve you asking the site visitor to sign up for your monthly or weekly e-newsletter. Because calls to action play an integral role in facilitating outcomes that lead to sales and product loyalty, you want to ensure that yours are absolutely amazing. Luckily, there are several ways that you can make this happen. One is by keeping it as clear and concise as possible. This is not the time to use flowery, elaborate language. Rather than being long-winded, get straight to the point to preclude the reader from becoming frustrated or impatient. An example of a desirably short, simple call to action would be "Purchase eBook by 11:59 pm to get 50% off." 5. Start Generating Online Success Now! Ongoing success in the online sector can be your company's reality if you learn how to operate in a strategic, organized manner. Use some or all of the strategies outlined above to keep your organization on track to becoming increasingly influential and authoritative in the online world!

READ MOREDetails
Assortment Planning Mistakes

The Real Cost of Assortment Planning Mistakes

In the world of e-commerce, there are many practices, concepts, and techniques that can help you boost your revenue and enjoy some extra profits. One of the least mentioned category of mistakes in this manner - and yet one of the most important - focus on the mistakes related to the assortment. In other words, these mistakes include all the wrong moves that e-commerce store owners are making during the buying process. The real trouble of these mistakes is the fact that many are unaware of their real cost. This is why we have decided to guide our readers in on the dangers of improper assortment planning - and how it can be fixed. The key, as you will notice in the sections below, is to optimize the process of buying inventory and therefore match the customer demand in a perfectly precise way. Mistake #1: Using Excel to Track Your Buying Process: One of the biggest mistakes that e-commerce owners make is the use of Microsoft Excel as a way to track their buying. Even though this seems as a logical way to organize your buying process, spreadsheets are generally a bad way to organize your information. Speaking of, anything that contains information in categories (added manually) has to be automated. In times when e-commerce owners are experiencing a magnitude of orders online, adding buys manually is time consuming - which is why it needs to be automated. Mistake #2: Improper Arrangement of Clusters: Clusters are the next mistake we are focusing on, and one that is tremendously big nowadays. The main way in which e-commerce managers are making it is by assigning every store to a single cluster - which needs to be reorganized. More importantly, products need to be clustered at a product class level, and use the information in quantities (before the assortments are bought). By doing this, you can link the buying process to the actual allocation and eliminate problems before it’s too late. Mistake #3: Inter-Store Inventory Balancing: If you ever caught yourself in a situation where you are losing sales in on store due to your lack of stock for a particular item, you are probably having the same product sitting and collecting dust on the shelves of another store (if you manage more than one store). At this point, the best way to solve this problem is by a simple trick - which does not involve the purchase of new inventory or the elimination of the inventory in one store so that it can be moved to another. Alternatively, you should use a smart predictive analysis engine and a tool that is known as “Inter-Store Inventory Balancing” to analyze every single influencing factor of your retail supply chain. As an advanced form of analytics, a tool like this will recommend the optimal inter-store transfer schedule so that you move merchandise from one store to another (from low to high demand). Mistake #4: Going Big (Instead of Going Custom): A lot of multi-channel retailers are nowadays focused on the “best rated” programs and solutions for optimizing their assortment planning. And while in most of the cases programs like these are built to last and cover as many aspects of product assortment as possible, they usually lack the functions that are needed in specific situations. For example, these programs often fail to calculate hundreds of algorithms on the kind of Big Data that today’s omni-channel retail products are able to churn out on a daily basis. Therefore, the general conclusion that we can all take from this mistake is to properly analyze your needs and implement a solution to analytics that works for you as you scale your business, is end-to-end integrated and coordinated between your merchandising and marketing. Final Words: At the end of the day, we all must accept the fact that mistakes linked to product assortment happen all of the time - and there is no harm in admitting that. As a retail expert, however, you should always be able to know how to fix them. Your assortment needs to be consistent, scalable, matching your needs and optimized for your specific customers. This is what proper assortment planning is all about. Ultimately, it is what will help you determine how much of your merchandise should be placed on your shelf. The end result of proper planning goes a long way - mostly resulting in increased sales and improved customer satisfaction. Read Also: Avoid These 5 Mistakes Before Starting An SEO 7 Proven Marketing Tactics To Increase Your ROI In 2018

READ MOREDetails