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  • Entrepreneurs - 3 Ways You Can Profit From Newsletters Without Writing Them Yourself

    Posted April 1st, 2008 by
    Categories: advertising solution

    I’m sure you have heard many online marketers touting the benefits of having a newsletter. I have used newsletters in the past for many sites. I’ve used them as a source of revenue by having advertisements embedded within the newsletter content. They are also effective as a means to keep a site sticky - to “anchor” clients and bring them back to the site. Newsletters can also be a great selling tool to provide free information, samples of your expertise or services, and as a taste of your full product/service. The lure of free content from newsletters can help you to turn casual surfers to potential customers and then finally paying customers.

    I find the biggest problem for me personally is to consistently provide new content (which is strange since I have no problems writing a daily blog, go figure!). Consequently I have looked for methods to get around this problem.

    Many of the sites I control I enjoy for the business management side of things and don’t actually provide the core services myself. For example at BetterEdit.com I don’t do any of the editing. I have professionals on staff that handle that aspect of the business. Consequently I have found it difficult to write newsletters that appeal to my target audience. Other times I’ve just grown bored of the subject matter and it becomes a chore to write a newsletter. If you don’t have enthusiasm your output is not going to be very good.

    Over the years I’ve developed ways to make money from newsletters without writing them myself.

    1. Hire Writers

    The first and most obvious way is to hire people to do it for you. I did it this way for a community site I built with over 1000 members. In this case it was quite easy to find people that had experience and enthusiasm for the subject matter; I posted a news announcement looking for newsletter writers. I hired two people and paid cash on a per newsletter basis though at one point my writers were happy to write for free, they just enjoyed contributing to the community (though I made sure to pay them whenever there was advertiser revenue). To make a profit I just made sure I had more revenue from advertisers than I had to pay my writers. A simple equation but one that takes time to balance since you need an audience, advertisers and writers. If you have a popular site (the audience) the other two variables should come easily. Alternatively you could try searching for a freelancer to write for you.

    2. Other People’s Content

    Another method that I’ve utilised is to put together a summary style newsletter that simply links to content online. You take the time to find the quality articles and links for your members but you don’t have to actually do any writing yourself. IncWire is a good example of a newsletter like this. It provides links to great entrepreneurship articles that have been drawn from all over the net. The newsletter is free and sponsored by advertisers. Of course you can also make use of article repositories such as EzineArticles.com and simply use other people’s articles in your newsletter. This is a reliable and easy option since there is no shortage of great articles available for free publication everyday.

    3. E-Course

    You can also try an e-course style newsletter. This is a bit different to a traditional newsletter. Your visitors sign up and then over a period of time intervals they get sent the course via email. You can use plain text emails (this is the best method in my opinion - keep it simple stupid - kiss!), or HTML email or Adobe PDFs. You can send them out once a day for the next seven days or once a month for a year. It’s up to you but generally the sooner the better because you want to continually build up interest over a short period of time. Will Swayne at Marketing-Results.com.au recommends a consecutive seven day e-course.

    While initially you do have to write the content yourself once it’s written your done. You don’t have to constantly provide new content and your course can be sent out to unlimited subscribers. The benefit of an e-course is that you can really focus on what your speciality is. Your course acts as a showpiece for your core competency, your skills, and allows people to try before they buy. You can monetise the course by inserting affiliate links, advertisements or selling your own services/products (or all three!).

    Newsletter Software

    You might be thinking this is all well and good, but how do I manage my newsletter. How do I handle an e-course being sent out every day for seven days to hundreds of different people without being blocked by SPAM blockers. What technology is available and what do I recommend.

    Personally I use Marketer’s Choice to handle all email communications but if you just want a newsletter service it’s definitely way too expensive - it’s more of an all-in-one marketing tool.

    I’ve tried a few different newsletter software packages. Some you install on to your own server and then manage online, others that are externally hosted subscriber based services and one that functioned a lot like an email client that sits on your desktop and sends out emails through your mail server. All of these have pros and cons. Of course it depends on your budget, but as I have stated you often get what you pay for so be wary of the free packages out there.

    I recommend you try my favourite script source, The PHP Resource Index (http://php.resourceindex.com), in particular the Mailing List category should be your first port of call. You can try good old Google search as well.

    Anti-SPAM

    Before you commit to any newsletter software make sure you check how they deal with SPAM. Do they have an official policy and description of how your newsletters will be received? Are they just mass broadcast? Your newsletter software should provide double-opt in protection which means your subscribers have to opt-in and confirm their subscription via email before they receive anything. This helps to keep you from being accused of spamming.

    One of the main reasons I chose Marketer’s Choice was because they have a very good system to make sure your mail is delivered to your subscribers. They have an in-built SPAM checker which reviews email you send out and tells you the likelihood your mail will be blocked by anti-SPAM software. It has the capability to personalise every email that is sent out so it appears with “Dear clientname” rather than just a generic “hello”. This is an important feature both as a sales tool (people tend to read emails that start with their name) and it’s more likely that your mail won’t be classed as SPAM by anti-SPAM software, which flag non-personalised email as potential SPAM. It’s the extra benefits that professional services provide that make them worth the cost, but you do have to go out there and test to find what suits your needs.

    Newsletters Are Ace!

    Really I can’t think of many reasons not to have some form of newsletter or e-course on your site. Yes it does take time to set things up but it’s worth the effort. I suggest you write it in your to-do list now if you don’t have a newsletter already!

    By Yaro Starak
    http://www.entrepreneurs-journey.com

    Do you want to profit from your own successful home based Internet business?

    Learn from Yaro Starak, a young entrepreneur from Australia. He works part time from home on several web based business that generate between $2,000 and $8,000 per month. Get your free articles and audio now - visit his Internet Business Blog.

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    How to Find Time For Marketing

    Posted July 1st, 2007 by
    Categories: advertising solution

    A big challenge for every small business owner is the need to ‘find time’ for marketing.

    I can relate. None of us are full time marketers. We’re all providing services to clients. And when you’re serving clients too, it’s hard to fit in sales calls and marketing activity. It’s hard to maintain momentum.

    One thing is for sure, whatever shape our business is in right now, we all have the same 365 days in 2006.

    Will you use that time to create a structure that supports you and brings in clients automatically, or will you still be complaining about ‘lack of time’ when 2007 rolls around?

    Despite being one of the most disorganised people on the planet, and someone who was earning all my income from selling my time just 18 months ago, I have managed to create an ‘autopilot’ marketing machine, generate passive streams of income, and I now earn more than I ever have, whilst working less hours. I truly believe that you can do the same, so in this article I want to share with you a few ideas that may help if you’ve been having trouble ‘finding time’.

    1. If you don’t enjoy it, you’ll never ‘find the time’

    If the idea of marketing and selling your services leaves you with a yucky feeling in the pit of your stomach, then let me assure you, you’ll never ‘find time’. As long as you feel like this, there will always be a more attractive activity pulling your attention. Even if your fairy godmother gifted you with two whole weeks, you’d still find ways to avoid marketing and selling. It’s called ‘Creative Avoidance’.
    Is your problem is really a ‘lack of time’ or are you creatively avoiding marketing and selling?

    2. If your business isn’t structured properly, you’ll never find the time

    If meeting your revenue goals is dependent upon you working with clients 4-5 days a week, then it’s going to be really hard to find time for marketing. You may need to take a closer look at your pricing structures and put together a business plan that includes time for marketing, administration, rest, and time to reinvest in yourself. E-Myth author Michael Gerber calls this working ‘on’ the business, not just ‘in’ the business. My own experience was that I had to simultaneously increase my prices whilst slashing overheads to create a situation where I did have time to work on my business.

    If you’re working flat out just to keep afloat, then you definitely need to take a closer look at what you are charging.

    3. If your only way of generating income is by selling your time, then you’ll never ‘find the time for marketing.’

    Somehow you need to break this catch 22, and the way to do that is by ‘productising’ your services. Sharing your expertise through a book, an audio package.

    I know, I know! You’re too busy working with clients to have the time to create products. The good news is, there is a way to create revenue producing products that does not have to take hours of your time.

    The first product I ever created was simply a recording of a day long seminar that I ran. That product brought in

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    Five Deadly Small Business Marketing Mistakes

    Posted May 1st, 2007 by
    Categories: advertising solution

    Here are some marketing mistakes that take a heavy toll on small
    businesses. They have been very harmful to businesses at any stage, but especially harmful for new businesses.

    1. Not having a marketing plan.

    Studies show that having a marketing plan equates to a 24 to 30% improvement in sales over those without a marketing plan. Writing a comprehensive marketing plan takes time, thought, and rethought, they help a business owner to focus on new products and services. A marketing plan will help someone to determine if the product or service will take too much time, energy, or resources to make it a proper addition to the existing array of products and services.

    2. Executing “Hit or Miss” marketing techniques.

    Many entrepreneurs and small business owners buy advertising without exploring whether or not the venue is appropriate for them, or if it will appear in a place or manner that potential customers will respond to - or even see. Marketing dollars spent correctly will bring you sales. Marketing dollars spent incorrectly will not only cost you money, but will cost you your business-esteem. All marketing needs to have a “fit” with an overall initiative. They must convey a consistent message. Using advertising for name recognition is felt to be a good move by inexperienced business people. Experience dictates that success is best when even your “name recognition advertising” relates to a common theme.

    3. Negative networking.

    Networking is one of the most important parts of marketing for the small business person. Many entrepreneurs look to groups such as Chamber of Commerces, Business Network International, and Local Business Network to build business through networking. They attend networking functions and seem to feel that the more business cards they give out, the more business they will get. They are generally disappointed and reject networking as a false prophet. Positive networking takes a different approach. Networking events are an opportunity to find synergies upon which relationships can be built. Successful networking is not how many business cards you give out, it is how many quality business cards you gather. Opportunities such as Catapult allow individuals a networking opportunity to find those synergies while learning business skills.

    4. Not seeking appropriate support.

    Most entrepreneurs are people that have decided to leave corporate America in search of a better lifestyle with less stress. They find a great product or service and think they have it made. Unfortunately they do not have the focus and motivation they need to survive. In the corporate world they had a boss to continually set deadlines and goals, and to hold them accountable for hitting the deadlines and goals. They also had a boss to mentor and coach them. In the small business and entrepreneurial world, this important need is overlooked. People need accountability partners and/or mentors to keep them on track.

    5. Inability to distinguish between being talented and being business savvy.

    Too many small business owners and entrepreneurs feel that having talent is sufficient to attain success. They feel that if they are good at what they do, word of mouth advertising will supply a constant stream of customers. Talent may help you find excellent investments, glean out the best mortgage rate, repair the most difficult automotive challenge, or any of numerous other potential examples. However without business savvy in the form of a marketing system, the endless stream of customers will never materialize. You must wrap a marketing program around it to encourage or solicit additional referrals.

    To be a success in your business, it is essential to focus on preventing these marketing mistakes. Be sure to make a plan and get the support to validate the plan and help you bring it to fruition.

    Rick Weaver is President of Max Impact, a national leadership and organization development company based in Rochester Hills, Michigan. Rick is an accomplished business executive with experience in retail, market analysis, supply chain and project management, team building, and process improvement. He has worked with hundreds of companies to improve sales, processes, and bottom-line results. MaxImpact offers leadership and organizational development services along with employee assessments and background checks. Contact Rick at 248-802-6138 or via email, rick@getmaximpact.com. MaxImpact is on the web at http://www.getmaximpact.com.

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