While building an email list can be a powerful exercise, starting to monetize an email list can do incredible things for your profitable blog.
We have previously covered how to build an email list, and we think that combining an organic approach with a paid ads strategy for gaining new email subscribers can do so much for you.
The next step is to gain insight into how to monetize an email list.
Monetizing an email list can be a fun and profitable activity.
There are many ways to make money with email marketing, and we will speak about many of these ways in this blog post.
While some methods can be more profitable than others, we think that a healthy mix of strategies can help propel your profitable blog to further success.
Monetize An Email List by Promoting Affiliate Offers to Your Email List
The first step to monetize an email list is to find affiliate offers that are relevant to your email list and profitable blog.
Then, you write blog posts about these products, and the blog posts should all feature an affiliate link to the product.
Next, you send emails to your email list promoting the blog post with the affiliate link.
Some profitable bloggers choose to send emails linking to the product within the email.
This is okay for some products, but not for others.
We read the fine print with respect to the affiliate agreements we sign when promoting a new product.
We find that some affiliate programs specifically stipulate that you should not promote the product from an email.
While this is not always true, when it is, you would link to a blog post, and when it is not you would link directly to the affiliate product.
Affiliate marketing has long been a successful way to earn residual income online.
If you want to monetize your email list, then promote affiliate offers to your list and make profits.
Sell eBooks and Online Courses to Your Email List to Monetize
The next method for monetizing an email list is by selling your eBooks and online courses to your email list.
eBooks and online courses are two examples of digital products.
The more digital products you have, the more you can promote them to your email list and earn profits.
If you have an eBook, price your eBook from $47 to $67.
If you have an online course, we have seen prices from $397 to $997 and sometimes, $1997.
The more value you offer within your eBooks and online courses, the more you can raise the prices to earn more money per sale.
We find that it is a balance between how many products you want to sell, and how much you want your digital products to cost per sale.
When you promote your own eBooks and online courses to your email list, you will gain many sales, and you will find success and profitability.
Promote Your Own Physical Products to Monetize Your List
For some profitable bloggers, digital products are not the only thing they want to sell.
Let us say you have an adventure blog, and you want to sell your new adventure gear line that you created.
If so, then an email list is an excellent channel for promoting your own physical products.
You can market to your audience often, and you can gain repeat sales from existing customers.
Promoting your own physical products is another excellent way to monetize your email list.
We think that when you have physical products to sell, you gain success by building an email list and then offering your products for sale to your email list.
Offer Membership to Your Paid Membership Area
Some talented and profitable bloggers take advantage of their large email list and big audience to offer a membership area.
One profitable blog we follow has a membership area that costs $997 a year!
We have seen that building an email list is a steppingstone to financial success with a profitable blog.
Now, you can take that membership area you have been building and offer access to the membership area for a monthly cost.
Whether you are setting the price at $10 a month, $20 a month, or $100 a month, we think that membership areas can be a nice residual income stream.
So, the idea is that you pre-sell and then sell your membership area to your email list.
Then, your email subscribers can sign up for your membership area, and you make a nice monthly income along the way.
Sign Up for ConvertKit to Build and Monetize Your Email List
We find that ConvertKit is an excellent email marketing platform for when you want to monetize your email list.
Firstly, with ConvertKit you can send both broadcast emails as well as pre-written email sequences.
ConvertKit comes with lovely and high-converting opt-in forms.
Additionally, ConvertKit comes with a built-in feature that lets you sell digital products directly to your email list, with credit card processing included.
Because of this, we find that ConvertKit is a powerful choice for monetizing your email list.
Not to mention, you can promote online courses, affiliate products, and membership areas, all from your ConvertKit email marketing platform.
Quick Blog Profit recommends ConvertKit, and with the price starting for only $10 a month, it is an easy decision.
Summary
You should now have an excellent understanding of how to monetize an email list for your profitable blog.
First, you monetize an email list by promoting affiliate offers to your email list.
Second, you monetize your list by offering to sell eBooks and online courses to your subscribers.
Third, you can monetize by selling membership to a membership area where you can build community around your profitable blog.
Do not forget, you can also sell physical products to your email list to add more income to your blog.
Finally, we think that ConvertKit is the best email marketing platform to accomplish all of this, and we recommend signing up for ConvertKit for $10 a month.
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