How to Profit from Your Mailing List

As you may know, the size of your mailing list can reflect the size of your profits. Your “mailing list” is the group of people that have signed up to receive your mailings, which can be a newsletter, e-course, or any other email.

You can set up a mailing list through an autoresponder service, such as Aweber. Once you register for the service, you can set up a mailing list and preload various emails that will be sent to the people that sign up to receive them. Your autoresponder service will give you a bit of HTML that you can add to your website or blog. When people click the link, they will be added to your list. As soon as they are added, they will start to receive your mailings.

To maximize your profits, you will want to have several different lists, and you will want to stay in touch with the people on your lists regularly. For instance, you may have a general newsletter list for your website, as well as lists set up for the specific sections of your website.

If your website focuses on children’s products, you may have a section devoted to toddler-sized clothes, a separate section devoted to early elementary age children’s clothing, and another section devoted to tween clothing. Set up a mailing list for each separate section. You don’t need to have a separate newsletter for each age bracket; however, having these separate mailing lists will allow you to send news and advertisements that each list would be interested in.

For example, if you are a retailer for various products relating to children, you can send an email with some information about toddlers directly to your toddler list. Include your link for a product that they may be interested in. You may notice that your conversions go up, as you are no longer sending parents of older children links to products focused on toddlers. You will be able to send each specific group links to products that they will find most helpful.

The time frame that you use to stay in contact with each list may vary. If someone signs up for your general newsletter list, they may expect to receive a newsletter each week or month. However, if someone only signs up to receive updates for a specific section on your website, they may get irritated if you send them an email every single day.

Use your best judgment when setting up your emails. You will want to stay in contact with them regularly enough so that they do not forget you, but you don’t want them to feel harassed, either.

If you are sending your mailing list regular updates about your site, and including helpful information, you will see that your profits will increase.

Using Your Mailing List as a Test Market

Your mailing list is a great way to promote your products and stay in touch with your customers. You may not realize it, but it also serves another purpose. You can use your mailing list as a test market for new products and services you may be thinking about offering.

A test market is a limited group of people you offer a product to in order to receive feed back before you put the product up for sale to the general population. Using a test market will allow you to get feedback on your product. Your test market may suggest adding a feature you hadn’t thought of or offer other advice which will be helpful in fine tuning your product.

Your mailing list is a natural choice for a test market, as they have already expressed interest in the type of products you offer. For example, if you have sold cloth diapers made out of organic fabric before, perhaps you can use your mailing list of people who have bought that product as a test market for a cloth diaper made with a new blend of organic fabric. You already know they are interested in organic cloth diapers; therefore, they would probably appreciate a chance to test your new product.

You can choose to offer your test products at a normal rate, a reduced rate, or even for free. Let them know that you are still working out the “bugs” and that the product you are offering may be different from the finished product you are going to sell to the general public. Letting them know this in advance can ward off any ill feelings; if one of the people on your mailing list buys a test product and later sees a similar product with slightly different features for sale, they may feel they got ripped off.

If you are going to offer the product at a reduced rate or give it away for free, let them know you would appreciate their feedback in exchange. Have a form set up online where the customer can fill out their opinions and advice. Ask them to leave a recommendation that you can use on the landing page once the product is finished.

You can also use your mailing list to get feedback when you are in the development stages of creating a product. For instance, you can send out an email with a link to a questionnaire form and ask them to fill it out. If you know the general features of the product you are creating, you can ask your test market what are their three biggest concerns are related to the product. If you end up receiving a bunch of questions in the same general areas, you know that is the area you would like to focus your product on.