Online business 'newbies' have no doubt heard that offering a free newsletter is one of the best ways available to build their business and their profits. Some of the benefits include:
While publishing a newsletter can be a very profitable venture, the fact of the matter is, they're also a lot of work. Here are a few things to think about before you get started.
The type of material you include in your newsletter is as endless as your imagination. Some suggestions include:
Will you write all the content yourself, get others to write it for you (ghost-writers), or use 'recycled' articles from other writers? Fresh, original content is best. It gets tiresome when you see the same article in 7 different newsletters! If you don't think you can manage writing all of your content, perhaps you can compromise: mostly your own writing, with the occasional third-party article thrown in.
One of the advantages of offering a free ezine is the opportunity to build a relationship with your readers. They come to know you and trust you, and you, in turn, learn what types of products or services they're interested in. A newsletter that's published too infrequently runs the risk of being forgotten by its readers. On the other hand, one that's published too often may annoy its readers and cause them to unsubscribe or delete the message. Many popular ezines are published once a week or once every two weeks. Use that as a guideline for determining your own publishing schedule.
A list manager automates the tedious task of subscription management. In other words, it automatically handles subscribe and unsubscribe requests from your readers. There are many good list managers available. Some are 'free'; that is, you may use them for free if you accept third-party advertising in your message or, alternatively, delivered to your mailbox.
Professional list managers will require an investment. They will allow you to send out ad-free messages (and keep your mailbox free of more advertising!) and typically offer a number of features not available in the 'free' version.
New editors often choose to offer free ads to new subscribers. This is supposed to help them build their lists more quickly. On the other hand, you could end up with subscribers who join just to get a free ad, and who never bother to read your newsletter.
Most newsletters start to charge for advertising around the 1000 subscribers mark. If you choose to do so, take a look at similar ezines within your niche market to see what types of rates they charge.
There are advantages and disadvantages to both. You could choose to do both: send an email newsletter and archive each issue on the web. Another alternative is to publish on the web, but send out an email notification with a brief blurb about each article. Include a tracking URL for each article and you'll be able to see which topics interest your visitors the most!
There are many free ways to promote your ezine. The question is, Do you have time to do it? Free methods include:
Ezine promotion requires ongoing effort. If you don't have the time, desire, 'know-how' or traffic to build your subscription base on your own, you may have to consider using one or more of the 'pay-per-subscriber' services available online.
This is the bottom line. How much time can you spare to produce a quality newsletter? Write a couple of sample issues to get a feel for how much time it takes. You may need to make adjustments; for example, you might decide to cut down on the number of articles you offer in each issue, but publish more frequently.
Angela is the editor of Online Business Basics, a newsletter for eBusiness beginners. OBB features ongoing tutorials on how to build a profitable Internet business on a shoestring budget. You don't need a million-dollar budget to be successful! Find out how you too can join the thousands quietly earning a living online: http://www.onlinebusinessbasics.com/article.html
(c) Copyright 2001 by Angela Wu, All Rights Reserved