As Internet Marketers we can run our online businesses and create multiple income streams in many ways and forms. The beauty of the Internet is that it offers us endless opportunities to expand and make more money and I wouldÂ like to discuss the idea of adverting space with you as this is an area many Internet Marketers seem to overlook.
As our businesses expand and our mailing list grows we find ourselves acquiring more and more customers and more importantly- customers that are interested in our area of industry. Now sure , we can sell these customers our products and services whether it be an eBook or an online course from our websites and mailing lists. But what about advertising space in the emails we send out and on our websites and in our monthly newsletters.
Now I’m not talking about selling the advertising space to our list of customers but instead using the list as leverage to offer advertising space to fellow Internet Marketers or businesses in our field of expertise.
Do some research and find some related high traffic websites and locate the contact details. There is a very good chance that if your site and products are closely related to theirs that a successful partnership can be formed. What’s to stop you sending a simple email about your online business and offering them the chance to acquire advertising space promoting their business in your newsletters, emails or directly on your website. This can create a whole new income stream for your business.
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.
You don’t even have to use if for pure profit. You could contact them and offer to exchange advertising space which could be equally profitable for both of you as their clients get to see your business/products and visa-versa.
Just remember to iron out all the details clearly and have a contract drawn up if necessary.
Thanks for reading.
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