Let me ask you a question, "What is the most valuable asset to any Internet Business?"
If the product is what you're having in mind now, then you're wrong. No, it's not the domain name either and certainly not the number of employees you have.
It's your mailing list.
Your mailing list IS your business. Who you know is more important than what you know. This is true regardless of what kind of business you're running. If you are selling chemicals, then you will need to know people who are in the chemicals industry as they are your prospects.
In the case of running an Internet Business, you don't have a business if you don't have a mailing list. Fortunately, you can build your own list from scratch using ingenious concepts or buy subscribers from third parties.
"But why build a mailing list?" you asked.
The main reason for building your own mailing list is because through it, you can share what have to offer to your subscribers and to also sell your products or services to them.
This is important as people on the Internet act on impulse. That's you and me alright. We jump from page to page; website to website that we don't really remember where we were ten web pages ago! So, what are the chances that people who visit your website will remember you or your product for that matter? Approximately zero. I know it's a fact you will despise to hear but let's face it ? it always happen.
One great way of making people remember your product or service is to provide an opt-in form for them to fill in their name and e-mail address so that you can follow up with them via auto responder.
But is that all? Not by a long shot! There's more to the mailing list.
Having a list of subscriber is one. Earning money from it is another.
Once you've started building your mailing list, you need to market to them aggressively. You can e-mail them everyday but the minimum frequency should be once a week.
Have a free tip for your prospects? E-mail them. Have news? E-mail them. Have a product to promote? E-mail them!
I think you get the picture. Now, can you imagine running a shopping complex in space? Heck, that's probably an Entrepreneur's nightmare! Who on space will come to your shopping complex? There's not even a 'who' on space in the first place! (At this time of writing, mankind has yet to discover any other civilization in space)
So be thankful that you're on Earth and so are your prospects. The Internet brings your prospects from around the world to your computer screen.
If you don't know anyone on the Internet just yet then you must start knowing them now. You can always start with participating in forums or sending your potential prospects a personal e-mail (I personally prefer this method).
In a nutshell, building your mailing list should be one of your primary goals. It's worth repeating this: You don't have a business if you don't have a mailing list. For if there are no people, there is no business in the first place.
Copyright (c) Edmund Loh
About the Author:
Edmund Loh is the author of the E-Biz Wiz Blog and Starting An Internet Business Special Report. Visit E-Biz Wiz Blog for proven ideas, tips and information on starting your own Internet Business and subscribe to the 12 Day Internet Marketing Success Course. http://ebizmodelsyoucancopy.blogspot.com