Hello, my name is Michael Morrison and I would like to welcome you to my website about ways to make money online. Today I want to walk you through an easy method of making money online by sending and receiving emails. This method is called a “Mail-Banking” strategy and I want to teach you everything you need to know about it.
The Basics Of Email Marketing
Before we get started, I want to briefly discuss some of the basics of email marketing. Email marketing is a method of getting in touch with potential customers through the use of email. Email marketing is a form of direct marketing and it can be extremely effective. It is usually used in combination with other types of marketing, such as traditional advertising, to maximize exposure and achieve the greatest results. People in general enjoy getting emails from brands they like or love, so the key is to find a way to put a human face to your business and create interest. In 2014, email marketing yielded a 21% increase in revenue over social media, an 18% increase in lead generation, and a 27% increase in web traffic. That’s huge!
Why Start A Mail-Banking Strategy?
When I decided to start my own email marketing company, I knew I wanted to do something different than the norm. I didn’t want to follow the crowd and pitch my product to everyone who comes across my email. That’s a lot of pitching, and the whole idea of email pitching is to avoid that as much as possible. I knew I wanted to find a way to engage with my audience in a more intimate and personal way. I decided to try something new and call it “Mail-Banking” because I like to think of the mail as something that can be personal. When someone goes through your emails, they are reading them as if they were personal letters that matter to them. I want to encourage my audience to feel connected to my brand and trust me enough to learn more about my products. I also like the fact that getting mail sometimes makes us think of our friends and family, which is a good feeling. Maybe you’re getting ready to propose to your lover, and your parents are getting ready to give you away. You might want to think about whether or not to send the engagement ring through the mail, and that’s a situation where a mail-banking strategy might come in handy.
How Does It Work?
So how does it work, specifically? Let’s say you’ve got a business or a brand new product to sell. You’ve spent hours, maybe even days, building a robust email list. You’ve pitched your product to hundreds, maybe thousands of people, but now, you want to find a way to make money off of it. You’ve got a couple options here. One option is to integrate your email list with a payment processor, such as PayPal. When someone makes a payment to your email list, you get a cut. Not too shabby, right?
The problem with this method is that it requires you to get a payment processor, set up your list, and then try and sell something to your audience. Sometimes this can be a lot of work, and it takes a lot of time to generate revenue. In some cases, it might not even be possible. For example, let’s say you’re a fashion brand and you send out a lot of emails for your own brand. If you want to try and make money off of email marketing, it’s going to be hard to find an audience, because there’s already so much competition in the space.
The Better Option: Using Affiliate Marketing
If you’re looking for an easy way to make money from home, perhaps the best route is to use affiliate marketing. Affiliate marketing is a way of getting paid when someone clicks a link or buys a product that’s promoted on your behalf. For example, you may have a brand new product to sell and you decide to go with affiliate marketing. When someone clicks a product link or makes a purchase after being pitched on your behalf, you get paid a commission. Not too shabby, right? In 2014, affiliate marketing revenue was around $18 billion worldwide and it’s expected to hit close to $26 billion by this coming next year.
The only downside is that you’ll need to find a handful of highly targeted, well-informed buyers who are already aware of and interested in your product. Otherwise, it’s a bit of a gamble.
The Basics Of Choosing The Right Affiliate Products
When deciding which affiliate products to promote, you want to make sure that you’re investing in a product that is both relevant to your audience and has the potential to be a money-maker. To find the right products, you can use a tool called “Amazon’s affiliate program finder” which scans through Amazon’s vast catalog and finds products that are relevant to your niche. When someone clicks a product link or makes a purchase after being pitched on your behalf, you get a commission.
For example, let’s say you’re promoting a weight loss product and you find out that a lot of your audience is struggling with weight issues. You may want to consider promoting a ketogenic diet, which is a diet that limits carbs and encourages your body to produce ketones. Ketones are a form of energy that the body produces when it is in a state of ketosis. The diet encourages people to eat healthier and lose weight.
Ketogenic diets are a bit more expensive than usual diets, but you’ll still make plenty of money off of it. This is because lots of people are trying to lose weight and the product is highly relevant to your audience. Once you’ve found the right products to promote via affiliate marketing, the rest is pretty simple. You’ll want to create engaging content, follow-up with email marketing, and then monitor your marketing efforts to see if your money-making scheme is working.
How To Make Money Online As An Affiliate Marketer
To help you along the way, here’s a quick how-to guide on how to make money online as an affiliate marketer.
Step one is to find relevant products that are already selling well and have a high demand in your niche. If you can get on a product’s email list, even better. Now is the time to delve into the vendor’s product page and find their sales figures, reviews, and other useful information. Once you’ve got this, you can get down to business.
Step two is to create compelling content to attract, engage, and convert your audience into customers. Whether you’re creating a blog piece, an educational video, or an infomercial, make sure that your content is engaging and that it will keep your audience interested. Also make sure that you build a trust-worthy brand by using reputable sources.
Step three is to follow up with email marketing. Just because someone has visited your website or has subscribed to your newsletter doesn’t mean that they want to hear from you. Take the time to follow up with an email, anyway, even if it’s just to say “thanks for subscribing” or “I’m looking forward to connecting soon”. Keep in touch with them through infrequent emails to stay top-of-mind.
Step four is to monitor your marketing efforts and measure the results. Once you’ve gotten yourself up and running, it’s time to check in with your analytics tool to see which products are proving to be the most effective at generating sales. You can also look at conversion rates, the average order values, and other useful information.
Once you’ve got a good feeling about which products are performing well, it’s time to put your money where your mouth is. If you’ve done everything else correctly, this is where the fun begins.
Step five is to promote relevant products via paid ads, affiliate products, and social media. This is probably the most important step. It’s crucial that you are spending your money in the right places so that you can maximize your return on investment.
To find the right places, you’ll want to look at your competitor’s campaign and see what they are doing. If you don’t have any competitors, try searching for paid advertisers who are targeting the same audience as you.
If you’ve done all of this and you’re still struggling to make money online, perhaps it’s time for a change. You’re doing everything right so far, but, apparently, your skills aren’t good enough for the job market. Take a break and come back when you’re feeling a little less inhibited.