Sometimes I confuse other direct marketers.
Every week or so, someone will send me unsolicited (i.e. I did not ask for it) advice about how I can better monetize my “Email Players” newsletter. For the life of them they cannot understand why I don’t do affiliates… laugh at the idea of doing a 3-month free trial offer… never send people to the sales letter during interviews (instead only to my main blog)… why don’t I offer a bunch (or all) back issues to new subscribers as a “carrot” to get them to subscribe, etc, etc etc.
Of course, none of them gets it.
And the reason why is… they assume.
They assume I even WANT thousands of subscribers.
(I do, but only the right kind…)
They assume I WANT “cold” prospects to buy.
(I definitely don’t.)
And they assume I WANT to grow this arm of my business into some giant business which requires more infrastructure, employees, and time/energy investment.
(Uhm, no.)
All this assuming.
Very few ever, you know, ask first.
If they did, here’s what I’d tell ’em:
I don’t necessarily want hundreds of “Email Players” subscribers because, frankly, most people really should not be subscribing at all. They don’t have the right mindset and would be better off working a job than a business.
These are not “bad” people.
But they make for terrible “Email Players” subscribers.
And dealing with them is a waste of my time.
In almost every case, they have a scarcity mindset, look at the newsletter as an expense instead of an investment (huge difference in results for those who treat it as an investment, they make their money back several times over each month), and want a magic button on the side of their computer that spits out money like an ATM.
Why would I want them just to make a quick “impulse” sale?
What good does that do?
I’d rather them spend their money on something else.
So, yes, I want lots of subscribers.
But the newsletter comes with lots of “tail” (where I answer questions by email).
So, I only want the RIGHT kind of subscribers.
Same with cold prospects.
My newsletter is not for cold traffic and impulse buyers sent via affiliates or coming from Google. Nor is it for anyone not already “sold” on me via being on my list, who hasn’t read the free “Email Players” pdf you get upon subscribing at BenSettle.com, and who is simply in a hyper emotional state and is not thinking rationally when they buy.
Don’t want ’em.
Same with offering free trials and free back issues.
Yes, I could multiply my customer base.
But, giving away expensive back issues my long time loyal subscribers paid money for is a complete insult to those subscribers.
It also cheapens the value, too.
And, would bring in the *wrong* type of people.
Plus, there’s other “intangible” psychological forces at work here most direct marketers never bother to dig deep enough into their craft to learn (most of which you will not learn from any of today’s online “gurus”).
I know this is like blasphemy to goo-roo fanboys:
But (gasp!) there’s more to this than money.
I am FAR more interested in having a balanced life — where I can enjoy myself and be excited about what I do. Otherwise, business is no longer fun, and becomes something that’s despised.
Screw ‘dat.
I’ve known too many people who chase money over balance.
And they are all miserable wretches.
So there you have it.
That’s what I’d tell the assumers.
Remember:
Assuming doesn’t make an ass out of you and me.
It only makes an ass out of you.
So, ask questions, first.
Don’t assume.
Not only will you be wiser.
But, who knows?
You may end up richer with a more balanced life, too.
Oh, and speaking of balance…
Last month in the April “Email Players” newsletter I revealed how I structured my online business to (1) make a comfortable living using email and (2) have complete balance with my time and energy (more often than not writing just an email or two then being done for the day).
And, some have asked if it’s too late to get it.
Well, yes, it is.
(The May issue is going to the post office today.)
But, back issues are for sale to paying subscribers. When you subscribe to “Email Players” you will get a catalog with each issue where you can buy back issues.
But, as I said last month:
Don’t subscribe just for that ONE issue.
You’re wasting your time and money.
My newsletter is intended to be a long term investment.
Not a one-shot “get rich by Thursday” scheme.
In other words…
It takes time.
It takes effort (lots of writing).
And a long term commitment where each issue compounds on the info from the previous issues (and future issues) over time.
This is why most people are not qualified.
And, really, why they should not even read any of my stuff.
I’m wholly incompatible with their mindset.
Anyway, that’s that.
“Email Players” subscription info at:
www.EmailPlayers.com
Ben Settle