Which One is More Important – Product or Mailing List?
Article Overview: If you would ask this question, “Which one is more important – the mailing list or the product?” any savvy marketer would answer you, “The mailing list”.
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Free Download - Long Term Investments for the Future By Oliver Noel
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Which One is More Important – Product or Mailing List?
If you would ask this question, “Which one is more
important – the mailing list or the product?” any savvy marketer would answer
you, “The mailing list”.
Principally, any wise business person puts the
importance of hungry demand (and not just any demand) in front of the product. In
other words, there is no product if there is no demand! And a mailing list
represents the demand or your business if you would like to call it.
If you frequent the Joint Venture forums and
membership sites of any kind, you will find that product and service owners
need mailing list owners more than the other way round. This is because the
mailing list owners have the prospects that the other type of partner is
looking for to sell to.
And if you are a mailing list owner, you do not have
to necessarily make money from selling your own product. You can sell
advertising space or craft a Joint Venture with product owners in return of
commissions, recurring or not.
Most of the biggest success web businesses on the
Internet today often establish the mailing list (or subscribers) first before
the product. One fine example is Friendster.com.
Friendster.com, in the nutshell, is a website that
connects friends and potential friends from around the world through a free
membership access.
While Friendster.com does not make money from the
number of members who join the site, the business makes money from selling
advertising space and partnering with other big time merchants and businesses,
owing to the established number of members Friendster.com has recruited.
This business is perfect example that demonstrates why
every business should establish a need or demand before the product itself, and
why you should do the same, whether you run a friends site or not.
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Article Tags:
savvy marketer
Referred by: http://www.empowerentrepreneurs.info
Related Forum Posts
Re: What works for you?
- Hi Yinka,
I work better under pressure of deadlines when I am doing something for other people. However, I like to have the leisure to develop my own projects. The first case is what Stephen Covey calls a "Quadrant 1" activity ("Important and urgent") whereas the second case is a "Quadrant 2" activity ("Important, not urgent").
We should aim to make as much time as possible for Q2 activities so that we can develop our own projects. Easier said than done!
Re: Eng Lit Academic Site Up For Review
- Hi Dave,
- The font for the text on the left, the welcome message, is too small.
- The copy can be a bit stronger, esp. if i'm going to be purchasing Eng Lit essay.
- Mailing list subscription module doesn't really say what's in it for the subscriber. What am I subscribing to? What's the value?
- Ad placement of the Amazon widget is questionable. Why the repeat and why the vertical misalignment?
- Too much padding on both sides too little room in the middle for crucial information.
- Essays on the navigation bar should probably be second from the left.
Just my humble opinion. I think the information organization and presentation can be done a bit better.
Import / Export Business
- I am in the benign stages of starting an import/export business and would like to know
the most important factors in the early stages of the business.
1)The most secure method conduct financial transactions
2)Important issues with development of a website?
Re: Email autoresponder messages: what delivery intervals?
- Sub-lists are primarily created around the products I own.
If my list A was about one topic, I will not promote
anything to that list about another topic until I
first have them opt-in to another list.
Example of this is, let's say you were interested in
internet marketing and you opted-in to a list for
driving traffic (List A).
I will not send information about product creation
tips to that list unless I first have you opt-in for
another list (List B).
These two may be close enough so that might not
be an issue, but what I find is most internet
marketers drive all their promotions to their
one and only list they own. So one day,
it's about teaching mom-pop offline businesses
about marketing, another day about oh let's market
on Facebook, next day about, hey I found great product
on promoting stuff on Mobile or cell phones, next
week, let's talk about Amazon's Kindle, then Pinterest...
You get what I mean.
If I have to do above, it will be after subscribers decided not
to buy any of my own products. Then I will send other
promos to that list.
But I think by minimum, it's good to create sub-lists for
buyers of your own products so that you can send
more advanced and higher end items exclusive to that
list.
Re: How do you make the most of your day?
- Here are a couple things I do to get lots done.
First, I work from a weekly To Do List (although I should call it an Action List) rather than a daily list. Each item on the list must be one specific action required to move one step closer to accomplishing or finishing something. It's similar to what Robert Alan talks about.
Each day I prioritize 3 actions that must be completed before the end of the day. I fully commit to those actions.
Second, when I really need to focus on something to get the most done possible I work in timed 50 minute increments.
That may sound a little loopy but it really works for me plus I feel refreshed working that way.
So I literally have a little timer on my desktop that I set to count down from 50 minutes to zero. During that 50 minutes I work without interruption. When the timer goes off I stop whatever I'm doing and take a 10 minute break.
You can get an incredible amount of work done working that way without feeling like you're working hard.
I don't schedule 8 of those 50 minute time periods because there isn't a need to plus I'm sure you would wear out if you did.
If you haven't tried this you might want to give it a try setting just two 50 minute time periods for a couple days and fiercely keeping them without interruptions to see what I mean.
I'd love to hear about your experience and any other kind of quirky things that work.
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