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"In the modern world of business, it is useless to be a creative, original thinker unless you can also sell what you create." David Ogilvy What? No Newsletter?
By Bob Bly There are a number of business models for making money on the Internet. Of these, my favorite -- and the one I recommend to those who want to sell information products, dietary supplements, or just about any other product online -- is the "Agora Model." In a nutshell, the Agora Model says you should offer a free e-newsletter in order to build up a large subscriber base. Then, you make money by e-mailing promotions to your online subscriber list. Companies are making hundreds of millions of dollars in sales online with the Agora Model. Yet when I recommend it to marketers -- both experienced and novice alike -- they are immediately and strongly resistant to the idea. Why? One reason for their reluctance is that they have read articles by so-called Internet marketing gurus telling them that e-mail marketing is dead, passe, old hat. And that they should be focusing instead on blogging, Twitter, Facebook, LinkedIn, online video, mobile marketing, or whatever the fad flavor of the month is. Another reason is a fear -- reasonable, but not true -- that the e-zine "space" is overcrowded. "There are so many e-zines out there, and everyone I know says they already get too many," an attendee at ETR's Information Marketing Bootcamp two years ago told me. "It seems impossible that I could be successful by publishing yet another one." If you believe this, slap yourself -- and listen to what I'm telling you... The Agora Model still works. I use it myself to earn a mid-six-figure income online -- "working" on my Internet business only a couple of hours a day. As an article in a recent issue of DM News reported: "While social media and mobile marketing continue to be hot topics, marketers are still finding e-mail newsletters relevant." One of the neatest things about the Agora Model is that your e-newsletter subscribers tend to be loyal readers -- because they have chosen to opt in to your e-list. And despite the glut of e-mail in your prospects' inboxes, sending an e-mail is still an effective way to get their attention: -
A study at Loughborough University found that users take action, on average, in less than two minutes upon being notified that a new e-mail is waiting for them. -
According to a report by Forrester Research, opt-in lists (including e-newsletter subscriber lists) retain 49 percent of their subscribers over time -- nearly double the retention rate of compiled e-lists. -
And a study from ClearContext, an e-mail management tools vendor, found that over half of users surveyed spend more than two hours a day with their e-mail inboxes. Yet another reason why marketers hesitate to launch an e-newsletter is that they have the mistaken belief that it is time- and labor-intensive to produce. In fact, your e-newsletter doesn't have to be elaborate, lengthy, complex, or fancy. But it does have to deliver useful content to your subscribers -- and do so on a consistent basis. Publishing your own e-newsletter gives you three essential advantages when it comes to making money online... 1. The best way to get people to opt in to your e-list is by offering them free content. When you publish an e-newsletter, you always have new free content (your e-newsletter) to offer. 2. A monthly e-newsletter ensures that your prospects hear from you -- on a regular basis -- at least 12 times a year. Assuming they find your content valuable, this consistent communication helps build relationships with them. 3. When people subscribe to an online newsletter, they give you permission to e-mail to them. That means you can send them e-mail marketing messages -- with product offers -- whenever you wish, at minimal cost. Repeated exposure to your e-newsletter and solo e-mail promotions gets subscribers to trust you enough to start buying the products you sell or recommend. And before you know it, you're making money selling information and/or merchandise on the Internet! [Ed. Note: Personal, frequent contact with your customers and prospects is one of the best ways to build solid relationships with them. Starting an e-mail newsletter -- filled with relevant, useful advice -- is a perfect way to do it. And it's the basis of the Agora Model, which is responsible for the success of Agora Inc., Early to Rise, and hundreds of other online businesses. For a step-by-step guide to setting up your own ETR/Agora Model info-publishing business -- including starting an e-newsletter, creating a website, writing copy to drive traffic to it, and much more - check out Early to Rise's Perfect Home Business Quick-Start Kit. To learn more marketing secrets from freelance copywriter and marketing expert Bob Bly, sign up for his free e-zine, the Direct Response Letter. Do so today and get $116 in FREE bonuses.] -----------------------------------------------------Highly Recommended ----------------------------------------------------- What Separates Billionaires from Everybody Else? It's time management. They jealously guard their time. They know every minute they spend in a long-winded meeting... is a minute they're not making money. Find out what else makes up the "Billionaire Mindset" here.
"I gain heart and hope from your wisdom." "Michael, "I just love getting your 'stuff' in my e-mail... I read it every time, as 90% of the time it is of relevance and value to me on some level. "Having just re-launched a business at the age of 61, I gain great heart and hope from your wisdom and untiring efforts to elevate your readers in any way you can. "Thanks for your inspiration and advice. It has been a great blueprint for us, and will certainly be the backbone of our new business strategy and action." Ian Jones -----------------------------------------------------Highly Recommended----------------------------------------------------- Your Own "Perfect Home Business" in Less Than a Week ETR's "5 Days in July" Quick-Start Internet Business Building Conference is underway right now in Miami Beach. And even if you couldn't make it... that doesn't mean you're going to miss out. You can still start your own profitable "Perfect Home Business"... And you can do it using the very same secrets that have helped Agora, Inc. (Early to Rise's parent company) bring in an average of $295 million dollars a year. Best of all, you can do it on your own schedule... without coming to Miami... and for about 10% of the original cost. That's over $4,000 in savings... PLUS we're throwing in a special bonus, valued at $1,000+ (if you act fast).
The Language Perfectionist: An Abundance of Misuses By Don Hauptman Here's a roundup of interesting mistakes, culled from my recent reading of daily newspapers: - "Mr. Bush erred in not clamping down on a rapacious, wreckless Congress and putting the brakes on its spending."
The word for "careless, heedless, out of control" is spelled reckless. If wreckless existed, it might almost serve as an antonym for reckless! - "She believes that sandals are 'innately respectable in hot weather' and, if chosen well, can be worn to most offices."
I puzzled over what word this person had in mind. The word innate means "inborn, possessed at birth," which doesn't make a lot of sense here. She may have meant eminently. - "[Flight delays are bad but] perhaps the lingua franca of Mr. LaHood [Transportation Secretary Ray LaHood] and the media -- hostage-taking, torture, imprisonment, 'the flight from hell' -- should be reserved for more serious use."
A lingua franca is a means of communication among people who speak different languages. Perhaps this editorial writer was being facetious or sarcastic, but my preference would have been language, terminology, or choice of words. - "The musical-theater idiom has regained its currency, and is enjoying what may be its greatest popularity among young people since the pre-rock era.... The foremost example of this is 'Glee,' Fox's instant-hit TV show...."
It's not exactly a mistake, but what's happening above is a stylistic quirk that ranks among my pet language peeves. Instead of the naked and possibly confusing this, it would be clearer and more elegant to write this development or this phenomenon. [Ed Note: For more than three decades, Don Hauptman was an award-winning independent direct-response copywriter and creative consultant. He is author of The Versatile Freelancer, an e-book that shows writers and other creative professionals how to diversify their careers into speaking, consulting, training, and critiquing.]
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