How Much Money Can You Make With Email Marketing?

How-Much-Money-Can-You-Make-With-Email-Marketing

Email marketing is one of the most popular and effective tools for entrepreneurs to use when it comes to generating revenue. However, not all email marketing campaigns are created equal. 

Some companies put little or no effort into their campaign, while others invest time, money, and creativity into the content they create for customers. 

What’s more, some companies focus on what they want while others think about what customers want instead. 

You can make a lot of money with email marketing. The key is to not only give the visitor something valuable but also provide an incentive for them to return and consume more.

leading marketing tools used by us marketers 2021
Email is quickly becoming one of the most popular ways for marketers to reach their customers to sell products or services. A recent survey found that 78% are using it as part or all of their marketing strategy, which means there’s no better time than now to start sending those messages.

You make money with email marketing by choosing a list of recipients to send your email message to. For example, you might be shipping clothes or shoes, so you could use an email address directory of people who have expressed interest in fashion. 

You’ll include some content indicating the new section of dresses they may not yet know about and that they would most certainly want to check out. You then craft an enticing subject line – “New Spring Dresses!” – that entices someone to click on the message and read more about the new dresses they just learned about.

Continue to read this blog post, as it will offer twelve practical tips that can help you start an email marketing campaign that works well with your business monetary goals and satisfies your customer’s needs too!

  1. Sell more products. By sending out emails to existing customers, they are more likely to make a purchase again. It is less expensive for the business to get feedback from existing customers than to acquire new ones through advertisement or other means that cost money.
  1. Turn your subscribers into advertisers by offering a sponsored contest that only allows people who follow you on social media networks before entries are accepted, giving them an incentive to follow you and more chances of winning the prize. 
  1. Create relationships with current partners to secure their patronage in the future when they create projects or need your service/products with money upfront instead of waiting for payment when considering its completion. 
  1. Have a profitable automated sequential email marketing campaign – Send the right message at the right time.
  1. Create an affiliate program to sell your products & services through other people’s blogs/websites. If you create quality content for other websites, other website owners should send you money via their affiliate programs that they already have set up or create new ones for you! You should focus on niche-specific blog networks that would pay handsome commissions if your product is targeted right and fits perfectly within their specific niche. To find these niches take a look over some popular niches like health, beauty, kids products while browsing through popular sites like StyleCaster or Buzzfeed. 
  1. Provide helpful information to your customers. this includes tutorials on how to use the products you sell, answering customer questions, blogging tips, tricks, etc.; email newsletters are very popular with subscribers, so be sure to include them in your marketing strategy! 
  1. Sell subscriptions. Every newsletter should include links that allow people to subscribe for free or pay a monthly fee for updates on your latest topics! 
  1. Offer promotional codes, discounts, and offers in your newsletter email campaigns. These can generate some significant amount of revenue if done correctly – just make sure you provide updates on when they expire, so people don’t lose interest in the offer before swinging by the store for last-minute supplies.
  1. Importance of Content Marketing – If done the right way, content marketing makes excellent use of email campaigns. It promotes a valuable piece of information to people who may not be aware you exist. Deliver this valuable content through your emails and watch your list proliferate. This can be any type of helpful information that you know your subscribers want or need, from tips on scheduling a job interview to a tool to help them deal with their finances better because they’re a six-figure earner trying to balance both personal and professional lives.
  1. Email Newsletters – A newsletter is an email distribution sent periodically by the marketer which informs recipients about specific updates related to the company, its products, or services. 
  1. Create an email capture form on your website for your visitors to sign up. The point is to capture people’s emails so that you can connect with them later. This is usually done through a subscribe or sign me up page delivered via email marketing service provider or through a web-based app/plugin you can install on your website.
  1. Give away something free – Free items could be anything from an ebook, a sample of a product, e-courses, and more. This strategy attracts the attention of new prospects by rewarding them for their signup, which in turn creates a sense of obligation that can influence them to purchase what you’re selling at a later date. 

Email marketing is one of the most effective ways to connect with customers, and it can be a great way to make money. If you’re not using it, I highly recommend hopping on board and turning your passive prospects into active buyers.

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How Much Money Can You Make From An Email List?

If you have been on the fence about growing your email list, this post is for you! In this article, I will discuss why an email list can make a difference in your business and how much money you can potentially make from it. 

The benefits of having a solid email list are endless. You can let people know when new products come out, reach out to them with personal messages, or ask for feedback on what they like best. The possibilities are truly limitless if you nurture your contacts well enough.

The most important thing about email marketing is that an email list will not make you money. An active, targeted subscriber list can make you a whole lot of money, though. The most successful emails marketers create content people want and offer a delivery service in return.

It comes down to how much your subscribers want what you’re offering and if they’re willing to take the steps required. 

Let us continue with a look at the six steps to monetize your business email list!

  1. The first step in monetizing your business email list is to be sure that you’re collecting emails in the first place. Focus on changing your signup form to either collect emails or ask for permission to send them later. Then you can create lists based on this information and message people accordingly, targeting them with offers in their inbox instead of after they’ve left the site, which will contribute more to customer satisfaction. When collecting emails, make it clear that getting the signature not only maintains user trust but also provides valuable data about what people are interested in paying attention to.
  1. Create an email marketing campaign offering something of value (in exchange for their email address) as a guide or whitepaper.
  1. Send out promo codes to your entire list on public holidays, so everyone gets some free stuff!  Many people will share your deals. 
  1. Publish content online that is relevant to your target market. Identify the problem and present it in a manner that engages and motivates people to take action. This way, you can solve their problems with your products or services while attracting members to your email list. 
  1. Place a call-to-action button right at the bottom of the emails you send out to your contacts. Make sure that controls are easy to find and click on, as that converts better.
  1. Use an email service provider with a contact finder tool. When people sign up for your email list, they can fill in so much information about themselves – things like their life goals, where they live, what kind of movies they like, etc.

Your email list is one of your most powerful marketing tools. You can use it to reach out to potential customers, promote products and services that you offer, or simply keep in touch with them regularly. But how much money can you make from an email list? The answer varies widely depending on your goals for the list.

​​When you put in the time and effort to build your email list, it will reward you. You may not be able to predict how much money an email list can make for you, but they’ll grow into a valuable asset if you take care of them. Be patient with the process and don’t look at their income potential as one-time earnings; think about what these people could do for your business over time!

How Many Email Subscribers Do You Need To Make Money?

An email is a powerful tool for marketers, and it’s one of the most effective ways to communicate with your current and future customers. According to HubSpot, “Email marketing has some of the highest ROI rates in all of digital marketing.

It takes about 30 subscribers to make approximately $1.00 per day and about 600-800 subscribers to make what would be considered a living wage is given your country’s GDP (assuming an average revenue per person).

A little math for you to ponder – assuming one thousand recipients each sending out five messages per day with an average cost to mail these messages of $0.0050, then the total payment should be about $200. 

The typical pay for 1000 subscribers ranges from $5-$50 depending on the frequency and number of campaigns sent out. One would have to receive around 4x – 8x more ‘Direct Messages (DM)’ to earn back this amount first before earning any profits!

It is typically more challenging to make money having only very few subscribers, but there are ways of making monthly profits with fewer customers. Let’s look at three examples:

  1. Create quality content – don’t be afraid to spend time and effort creating an excellent digital experience for your readers and followers. Most people will only receive promotional offerings when they need it most or consider themselves either ‘ready’ or ‘interested.’
  1. Online quizzes and contests, where a company hosting the event can message quiz takers about how they did – whether or not they’d like to participate in more games of that type through various promotions.
  1. You could sell your list to other companies for a healthy fee – contacts with your customer/customer’s email address are valuable, mainly if customers have been acquired at the low cost of advertising from an original website.

Email marketing is a powerful tool for growing and monetizing your business online, but it requires some work up-front to get the most out of this strategy.

To be noted, the number of emails needed depends on where your customer falls in their purchasing process or lead funnel; if they are just starting with learning about you (awareness), then sending them between 20 and 100 messages may be enough before they take action and purchase something. 

For customers who have already purchased from you once (appointment setting) or twice (conversion), sending an average of 5-10 messages should suffice.

You can get more email subscribers by providing value to your audience. When you can offer something of value, people will be happy to subscribe and share it with their friends! 

How Much Can You Earn From Email Marketing?

It entirely depends on how many subscribers are on your email list, the industry you work in, and what kind of marketing messages you send out. 

Generally speaking, most small businesses with just a few thousand monthly subscribers can charge anywhere from $25 – $50 per month for their mailing service.

Companies with 50,000 – 500,000 subscribers can charge upwards of $150 per month for their services. Companies with 500,000+ emails only run off-site or automated solutions have to set up some sort of lead generation system before they ever charge money for these sorts of subscriptions.

Email marketing is an effective strategy for delivering campaigns to your customers and prospects. Email marketing provides tangible results such as higher conversion rates, more leads, and better customer engagement because it allows marketers to personalize their messages.

You can earn a lot of money from email marketing, and it is an effective way to reach your customers and make more sales.  

  • You should create interesting, helpful, and personal emails, so you connect with your customer on a one-on-one level.  
  • Lastly, don’t spam! Email marketing should be personalized to each person’s needs for making sales or building relationships with people who might want to buy something in the future.

The more knowledge you have about all aspects of this digital marketing process, the better equipped you will be to succeed!

Conclusion

You can make money with email marketing. If you’re wondering how much, it depends on your list size and what type of offers you send out to subscribers. The more people who subscribe to your emails, the larger your potential revenue stream becomes.

Email marketing is one of the most cost-effective digital marketing channels available. The more subscribers you have, the bigger your potential customer base and revenue will be! It’s never too late to start building an email list; get started now with our store of quality leads.

Quick Answers To Frequently Asked Questions

What affiliate marketing tool is available on youtube?

Affiliate marketing is when you earn money for advertising someone else’s products or services. You can do this in many ways, but my favorite way is through YouTube. All you need to do is sign up for Google AdSense and then find ads that are relevant to your niche. When a person clicks on an ad with your video embedded in it, they’ll go to the advertiser’s website with your video still playing at the top of the site.

What social media marketing automation is available for influencers?

There is much social media marketing automation available for influencers. As a matter of fact, I’m sure that there is something tailor-made to your needs too!

Start with the likes of Facebook ads, Twitter advertising, YouTube pre-roll video ads, sponsored posts on all 3 Instagram formats, advertisements on LinkedIn.

What email campaign monitor is best for email marketers?

There are so many email marketing tools with their own merits. MailChimp, for example, is good for beginners with its easy-to-use interface and low prices. On the other hand, some people find services like HubSpot difficult to use because it requires more advanced expertise (and money). It simply depends on what you’re looking for in an email campaign monitor. Give some examples of specific features that matter to you or ask someone else’s advice on this topic – no one knows your business more than you do!

What activecampaign do affiliate marketers use?

A program like ActiveCampaign for affiliate marketing is a great tool because it can be customized with email, social media, and/or telesales campaigns to keep the buyer engaged. Plus, you can customize these with segmentation and advanced role-based permissions for managers and executives.

What email marketing software is best for responsive emails?

Mailchimp is the best email marketing service when it comes to responsive design. It automatically adapts itself to display on any screen size and still function in a way that allows you to pause, resume, or stop your campaign at any point.

MailChimp automatically adjusts one of their templates based on what device is being used – meaning you don’t have to worry about scrolling issues or incorrect format. They also allow custom CSS so if you need an even more specific look, they can oblige.

Difference between automated emails and welcome emails?

Welcome messages are messages that are sent when someone joins an email list, while automated messages are messages that are sent in response to some event or at a regular interval.

Welcome messages will use personalized information about the subscriber, while automated messages may be the same message across all subscribers. Automated emails usually include notification of updated content on your site or changes to newsletters, while welcome emails usually offer free downloads.

Should I use an email marketing tool for brand awareness?

The answer to your question depends on your goal for the email. If you’re looking to create an “awareness” for your brand, then yes, you should use an email marketing tool. However, if you’re looking to offer something that is beneficial to consumers or prospects in order to encourage conversions or share content with them related just to their business needs (a newsletter), then there are other solutions available.

Do drip campaigns work for influencer marketing?

Yes. Infiltrating the thoughts of your customers is easy with influencer marketing because this method tracks them on social media for insights into what they’re looking at and thinking about.

No more expensive shelling out to advertisers on traditional mainstream TV channels, which are usually flooded with ads competing for attention with every ad break. Who has time with all that? Influencer marketing gets into your customers’ thought patterns, so it only takes a little effort to make an impact.

How do I increase passive income by sending emails?

That’s a great question. You can do a lot of things to grow your passive income, but the only way to create it effortlessly is to spend less money. Spend less on your cell phone bill. Spend less on entertainment bills. If you’re single, spend less on dating apps and go out more organically instead.

How do B2B marketers in their target audience?

Marketers try to acquire customers and reach their goals by reaching out to decision-makers and influencers in the target audience and buying ads. The key is that marketers need a deep understanding of their target customers, which is what we offer at Pindrop Analytics – comprehensive B2B data solutions for accurate marketing campaigns.

Pindrop’s B2B data solutions show you precisely where your business fits in the market, who your competitors are, what to charge for products or services, how much inventory you should have available so as not to miss out on an opportunity or be caught with too little inventory – all to define success.

Does a promotional email with a free plan increase the click through rate?

Yes, and here’s why:

A promotional email is an introductory offer. We all know how much psychology can influence our decisions and has even been coined as manipulation; we’ll often make decisions based on the emotion we feel at that moment. A free plan would likely trigger a feeling of excitement or happiness that surfaces subconsciously. This could lead to a higher click-through rate regardless of whether someone actually wants it later on.

What is the email subscriber conversion rate for affiliate products?

The email subscriber conversion rate for affiliate products for a first-time customer is usually on the order of 2%. With a typical conversion rate of around 10%, that means that 8% will give up without even making a purchase. The newsletter subscriber conversion rates will vary depending on how targeted it is, but on average, about 4-8% will make the purchase after seeing the offer in your newsletter. Subscribers include people drawn from an email list as well as those drawn from social media and others drawn from businesses you retain interest with. You can also use Snapchat or Musical.ly to gain subscribers if they are appropriate to your business, which they might be if you’re targeting a younger demographic.

Can you make money blogging about digital products?

Yes. The answer to that question is much more complicated than just a yes or no because there are several ways someone can make money blogging and so many factors in the equation. Still, yes, it is certainly possible to make money blogging if you monetize your blog in an appropriate way – or by not monetizing your blog and you still reach a massive audience through other means like social media where you can brand yourself properly with affiliate marketing deals based on your interests.

Difference between transactional emails and email efforts?

Transactional emails are marketing messages that send notifications to your customers when they initiate a transaction. Marketing email efforts deliver content to your customers who sign up for your mailing list in order to keep them engaged in an ongoing dialogue. Email marketing has gone mainstream and it’s quickly becoming an essential part of any company’s marketing plan.

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Wasim Jabbar

Hi, I'm Wasim - a startup founder and proud dad of two sons. With 15 years of experience building startups, I'd like to share my secret to achieving business success - quality marketing leads. Signup today to gain access to over 52 million leads worldwide.

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