Sell Advertising Space to Make Money
If you were to observe the company that delivers the newspaper to your door for a business case study, you will come to learn that the newspaper publisher hires various individuals to create the content and deliver the newspaper to their readers.
In addition to all the people hired by the newspaper, the publisher has to invest a lot of money in heavy duty machinery and tons of paper to print their newspaper.
And in order to ensure that the paper is delivered on time, the publisher hires people all over the coverage area.
So, how exactly does the newspaper company make money? It should be obvious that selling the paper for less than a dollar would not even begin to cover the cost of operations.
The answer? Sell advertising spaces! We have all seen the advertisements in the newspaper. The publisher simply sells ad space in their newspaper to advertisers who want to get the word out about their services.
On the same analogy, you can use the same strategy to make money from your newsletter: simply by selling ad space to different advertisers!
If your mailing list exceeds 1,000 people (5,000 is recommended), you can start selling ad space for $10.00 per sponsor ad.
In this manner, you turn every issue you send out to your subscribers into a profit-pulling device. And since there is virtually no end to the stream of advertisers as products, services and businesses are cropping every single day in every industry imaginable, so are your money making opportunities.
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