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by Monique Harris
If you're like most netpreneurs, you probably created and
use your free E-zine:.
1)As a promotional tool for your product or service.
2)To make money selling advertisements.
The problem is, there are well over 100,000 E-zines in
existence. And as time marches on, it'll inevitably become
harder and harder to stand out from the ever growing crowd.
Especially if you run a business or marketing-related
publication.
So naturally you will begin to lose readers to the competition.
Losing readers means fewer product sales if you use your
E-zine for promotional purposes.
Greater competition also means that potential advertisers have
a bigger pool of E-zines to advertise in. That's not good
if you're lumped into a category with hundreds of similar
publications.
Eventually, the free E-zine will die out as a reliable,
profit-producing tool for many netpreneurs. Perhaps you're
already seeing the writing on the wall. Me... I'm already
a witness. And that's why I've begun to set my sails in
a different direction.
Instead of relying on an e-zine to market my
other products, or using it to sell ad space,
I've transformed it into an ultimate profit
tool.
No longer do I freely give away my valuable intellectual
property. I now sell subscriptions to my electronic newsletter.
And after 6 months of doing it, I'm actually making more
money with the fee-based version than I ever did with the
free e-zine.
Even more remarkably, the fee-based version is based on
the same exact content I did for a free e-zine in 1999.
(I say this to demonstrate that it is possible to transform
a free e-zine into a successful, cash-paying subscription
model).
Would you like to learn how I got 800+ subscribers to
pay $19.95 a month for my electronic newsletter? Here are
a few easy-to-implement techniques you can follow:
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Choose a Perennial Money Making Niche
There are certain topics people are ALWAYS willing to
pay for. Technology is one of them. It's one of the only
things in the world that is constantly changing, plus it
has become an integral part of everyday life.
Think about the growing wireless device revolution -
(like Palm Pilots, cellular telephones, etc). You can
develop a newsletter to help software developers keep
up with the latest technologies.
And a publication like this can easily sell for $395 a year.
All you need is a mere 500 subscribers, and you're making
almost $200,000 a year.
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Be Sure Your Topic Has Strong Influential Power
You want to create a newsletter that either offers a cure/
shows the readers how to gain a serious pleasure, or avoid
a serious loss. If the information does both, that's even
better.
So whatever topic you contemplate, ask yourself: Am I offering the reader a cure?
Am I giving the reader a serious pleasure?
Am I helping the reader avoid a serious loss?
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Include Access to All Your Back Issues, As Part
of Your Subscription Package
If you want to elevate the value of your publication, without
having to do any additional work, I can't think of a better
way to do it. Remember, people LOVE bulk. So the more information they have access to when they first
subscribe, the better.
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