How to Earn Passive Income From Your Email List?

With your email list growing from multiple sources, it’s time to take the next step.

If you aren’t very sure of what to do with them, you are at the right place. As you read ahead, you will master the ways to make money from the email list.

And if this excites you but you don’t have an email list, here is a way to build one.

You may use your website to capture the email addresses of visitors by offering some value to them. It could be a case study, a monthly newsletter subscription, etc.

Or 

If you don’t have a website and are not sure how to find someone's email, you could use an email finder tool for finding email addresses of your prospects. GetEmail.io is one of the best email lookup tools to locate anyone’s business email address within a few seconds. The tool incorporates big data and machine learning algorithms to predict the email format and has a high accuracy rate.

But remember that before building your list, you must clearly define your target audience. 

So, that was a glance at building an email list.

Let us see how you can set up a passive income using this email list of qualified prospects.

Passive Income - What is it?

Passive income is the earning you get with little effort or no ongoing effort. 

Many don’t know how to make the best out of their email list and missing out on an excellent opportunity to earn passively.

How to Make Money from Your Email List?

You need to build an authentic relationship with your email list and implement passive income streams to make money in a couple of months.

Nurture Your Prospects

The nurture phase is a critical period to build a strong relationship with your prospects. It would be best if you let them know who you are, your business values, what you have to offer them, how they could be benefited by staying on your list.

When you do this right, you are sure to get a good impression and can build a genuine connection with your audience.

To be successful with your nurture phase, use these key ingredients; an enthralling story, a bona fide character, a personal inspiration, and an urgent call to action.

Whatever your industry may be, you need to craft great stories for your prospects to connect with you. 

The Value Ladder

You have to sell something if you want to earn money. It could be a product or a service. 

And if you wish to make huge money, you must use the value ladder. 

Your value ladder will describe the various products or services you sell in your business. The higher your customers move on your ladder, the more expensive and valuable your products would be.

When you don’t have a value ladder, you will have no clarity of your products and services, and it will keep your customers too confused.

Each step of your ladder should be a more profound and better version of the last. 

Any product comes with a problem. 

For example, when your audience buys a book from you, some of them may not have time to read it by themselves; for such people, you may recommend your audiobook too.

Suppose you do online courses and someone buys them; they may require some one-to-one training. Now you know what to do!

The more problem you can solve, the more money you could make. 

Hight Ticket Sell

Once your customers find your course life-transforming, they would be ready to invest in your high ticket product or service.

And you will notice that most of your income begins to flow from your high ticket items. 

That’s the magic of a value ladder.

When you take people to step by step in a clear path, they will respect you for the great values you give them and trust you.

They make progress in their life from each step that they would be then ready to buy your high ticket item.

So everything happens with the flow; you don’t have to convince them to buy each time.

Do you feel fabulous with the way it works?

Final Thoughts

When you have a potential email list, it’s time to automate your business. I hope you find this article thought-provoking.