Email marketing has been around since the early days of the internet, but that doesn’t mean it’s fallen out of style or stopped working.
It’s still one of the most effective ways to build your business, grow your audience, and make more money online (or off).
From capturing the attention of new subscribers to writing engaging emails that make you money, here are ten ways to make money with email marketing.
What Is Email Marketing?
Email marketing is a fast and easy way to communicate with your customers. You can target specific groups of people based on demographics, such as age, gender, or income level. It’s also a good way to notify subscribers about new items in your store or any events you’re hosting.
Sell A Product Or Service
This is one of the best ways to make money with email marketing. You can sell your product or service by sending emails out to your customers and potential customers on a regular basis.
You can offer new products, discounts, updates on the company, news about the industry, and anything else that you think will be relevant and valuable to them.
The great thing about this strategy is that it’s easy to automate, so you don’t have to spend hours each day working on it.
All you need to do is set up an automated sequence for when the customer has subscribed to your list. Send One Offer: If you’re trying to promote a specific product or service, then sending one offer every few days or weeks can work well too.
For example, if you want people to buy something from your online store, send them an email offering 10% off their next purchase every couple of weeks.
It doesn’t matter how often you send these offers, as long as they are time-sensitive and attractive enough to get people to take action.
Turn Your Newsletter Into A Product
Another way to make money with email marketing is to turn your newsletter into a product. You can do this by creating courses based on content from your newsletter that people would be willing to pay for, hosting webinars, writing eBooks, or creating audio programs related to the content in your newsletter.
Of course, you’ll want to encourage readers to sign up for your newsletter first before asking them to buy any products, but once they’re on your list, there are many different ways you can use them to earn more money.
Get Repeat Purchases
This is an easy way to get repeat purchases and make more money. If you sell a shirt for $20, but they want one in a different color, then they’re probably going to buy that color as well.
Include an easy-to-use email signup form on your site or store so that people can get updates on the latest offers or additions to your catalog.
Put up a countdown timer on the page with how many days are left until their favorite item goes out of stock and reminds them to act now.
Provide free shipping if they spend over a certain amount ($50) to encourage buying multiple items. Offer discounts when two or more items are purchased together.
Lastly, include social media share buttons next to each product with links directly back to their site/store where people can easily buy what’s being shared via social media sites like Facebook, Twitter, etc.
Have A Cart Abandonment Plan
You need a plan in place for when someone leaves your site, and you want them back. If they leave before buying, you may want to try retargeting them with ads through email.
With Shopify, it’s as easy as creating a cart abandonment email campaign that automatically targets people who have added items to their cart but left the store without buying anything.
The idea is that by sending a targeted email at just the right time, you can get them back on track to complete their purchase.
If you combine shopify with other automation software like ActiveCampaign, and Drip, you can set up campaign targeting those that abandoned their cart easily. In this case, you will meet your prospect at the right time without over bothering them.
Write Engaging Content
To make money with email marketing, you need to write engaging content.
Titles that are not too long or too short.
A catchy title that draws people in is great, but it can be wordy and turn people off if it’s too long.
The same is true for short titles; if they don’t provide any clue as to what the blog post is about, people will move on and find something else to read.
Try keeping your titles between 50-100 characters long.
Leave a call-to-action: Another way to make money with email marketing is by leaving a call-to-action at the end of your posts. If your subscribers like what they’re reading, leave them with a way to take some kind of action: subscribe, buy a product, fill out a form… whatever it may be.
Can I Earn From Email Marketing?
Yes, you can earn money with email marketing. It all depends on the business you’re working for and how much time and effort you are willing to put into it.
There are two main ways to make money with email marketing: by promoting a product or service or by recruiting others into your business opportunity.
The first step is finding an offer that suits your abilities and interests. You will have more success if you take the time to learn about whatever it is before sending emails about it.
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Make Money With Email Marketing-Conclusion
Hopefully, this post has given you some ideas for ways to make money with email marketing. Take your time with the process and get it right the first time because if you’re successful, then this will be one of the most profitable ventures you have ever undertaken.
Should you have more things you are not clear about? Feel free to let us know