How I Make Money Online
Monetize Your Email Lists
How to Monetize : Generate cash-flow while building your prospects list.
This is about how you can generate additional cash-flow while you’re building your prospects list, by providing more value.
What’s powerful about applying this to your business is that it doesn’t take up more of your time, but further pre-sells your prospects on YOU while giving you cash-flow so you can stick around long enough to succeed.
Lesson #6: Monetization:
The terms ‘Monetization ‘and ‘To Monetize’ simply mean ‘a strategy to make money. while building your List
and you always hear that money is in the List
That’s what business is all about.
And yet, until recently, network marketers have been discouraged to monetize like traditional businesses do because uplines and companies feared it would distract them from building their primary MLM.
That is a very dis-empowering view—it’s not smart business to limit yourself from producing revenue that can assist your business growth.
Monetization allows you to stay afloat in business long enough to generate the larger residual income.
Monetization allows you to provide more value to your prospects, which attracts them onto your list and helps them see you are a valuable asst to their livelihood.
How Do You Monetize?
As we’ve talked about you attract prospects to you by providing value.
The internet provides many different affiliate products that can relate to the interests and fill the needs of your ‘target audience.’For example, if there is a great book that ‘talk’s to your target market or teaches them something, and they pay a fast upfront referral commission (affiliate commission) if you refer someone who buys it—that’s a great monetization product for you.
As long as it’s not too expensive you can share such products that you feel are valuable and useful to your ‘target marketing emails and in your ‘web of content’ to generate cash flow and leads.
This helps you generate leads because often you can collect the person’s name and contact information when they purchase the product.
Monetization allows you to earn money from prospects on your list who may never join your MLM… or who aren’t ready to join right now.
Other examples of monetization are tools that network marketers may need, for example (like auto emails tools, training tools, etc).
There’s just one of thousands of great examples of how you can earn money while you grow you prospects list.
And it doesn’t stop there. When prospects purchase a book ,product and other tools they may need for their business, you get paid, automatically for being the one who referred them.
This is far from a distraction. Instead, it’s an attractive reason why others will want to join you and listen to your advice about business. Who would you rather join in business? Someone not making much money pitching an MLM… or someone who offers an MLM opportunity along with a plan for generating affiliate ‘monetizing’ income, as well a plan for attracting leads?
It’s a no brainer that making money while you attract people to you is smarter than not doing it… and that’s why Internet network marketing is replacing the old MLM model.
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