|
Why_you_should_have_an_opt_in_list
| Why you should have an opt in list
Why Should You Have An Opt-In List Anyway?
As e-commerce heats up and changes the way business is done in
the world today, it will become increasingly important to have
your own in-house list of prospects and customers. It is the
most valuable asset a business could have. It is the lifeblood
of your business and is where the lions share of your
profitability will come from. Why? To get a new customer is the
most costly activity you can take part in. When you figure your
marketing costs, your costs to convert a customer, your
fulfillment costs a shocking truth is revealed. It may of cost
you $75 to get just one sale. If your profit on that item is
only $25 you're $50 in the hole. And no, you can't make it up by
"doing volume". :-)
Hopefully you have a back-end system of other products and
services to offer that customer so you can take the unprofitable
transaction and turn it into a profitable relationship.
This is where e-mail marketing excels. With low-cost e-mail
technology, what was too expensive in the off line world of
marketing, such as direct mail, is suddenly very attractive. You
can communicate, educate, up sell and resell your customers for
pennies. Not for thousands it would cost with postal mail.
You also get an unlimited number of chances to convert prospects
to first-time buyers. The most critical step in the sales
process. Once someone buys from you, trust starts to build and
they will be more inclined to buy more from you in the future,
adding to your profitability.
No other marketing medium can offer one-to-one relationship
building like e-mail. With the personalization technology that
is available today you can build trust much faster and with less
expense than at any time in history. And you can do it worldwide
instantly.
Always remember the higher the level of trust, the higher your
level of sales. People buy from people who they know and trust.
They always have and always will. No amount of technology will
change that.
Now the major reasons why you want to have an opt-in list is
threefold.
1. You have a valuable asset that can continue to produce income
for you by re-working your list on a regular basis. Either
selling other related products. (yours or others). Selling more
of a consumable item. Or getting referrals from satisfied
customers. 2. You have a valuable asset that you can leverage
through doing list swaps with other marketers. Plus you can also
expand the size of your list by soliciting their customers to
join your list. 3. You have a valuable asset that you can sell
in the future. As e-commerce heats up there will be many
companies looking to purchase ready-made customer bases. Yours
could be on of them. Having your own opt-in list could mean your
worry-free retirement.
These are just some of the reasons you'll went to get started
immediately
About the author:
The Cpu Cash Network is dedicated to putting honesty and respect
back into internet home business with solid products at
affordable costs, useful tools and resources that will present
'home business' potential, or existing, owner's with information
they need. http://www.cpucash.net
|
|
| |