Income Stream #20
Carry ads in your ezine.

from coachville.com

Introduction
Many coaches have a free or subscription-fee based ezine. One way to make revenue with your ezine is by selling ad space.

There are 4 types of ad space. The first, and cheapest, are classified ads that usually appear at the bottom of the ezine. The second is a top sponsor ad, which occurs before the content of your ezine. The third is a middle sponsor ad, which occurs halfway through your ezine. And the fourth, and most expensive, is a solo mailing in which only the ad is mailed to your ezine subscribers separate from the ezine.

The cost of ad space is usually based on the number of subscribers. It's best if the product or service being advertised is of interest to your subscribers.

Real World Example

Steve Davis: Master Facilitator Journal
www.masterfacilitatorjournal.com | steve@masterfacilitatorjournal.com

Hi, I'm Steve Davis. I started my ezine, The Master Facilitator Journal in May of 2001. It's dedicated to the mastery and application of facilitation, life coaching, and leadership skills. I really wanted to quickly build and host a large network using my skills in writing and felt that developing an ezine would be the smartest way to do that in a hurry. Working with Thomas on the Coaching Scoop really helped sharpen my skills and build my confidence as well. Today I have over 6,000+ subscribers and find this network to be the source of much inspiration and many ideas. Here are some of the benefits I see from starting and building your own ezine.

Publishing an ezine positions you an expert in your field. Even if you aren't one when you start, you will soon become one by virtue of the research, focus, and attention applied to your subject matter over time, not to mention the ideas, feedback, and input you receive from your readers. Being seen as an "expert" better positions you to attract clients, sell products, make speeches, give workshops, do interviews, etc. As Thomas was fond of saying, writing and publishing an ezine puts you in an environment where you can't help but grow, and fast!

There are many other ways to attract revenue with your ezine. The easiest way to start is to find existing products that would interest your readership, become an affiliate or reseller of these products, then advertise them in your ezine. Over time, you will learn what your readers want and you can begin to design your own products to sell to them. Since most coaches are in the information business, these products usually take the form of ebooks, ecourses, teleclasses, workbooks, etc. I found that my readers are more responsive to my products anyway as we’ve developed a good deal of trust over the many months I've been delivering useful material to them for free.

I'm finding that with all the projects I’ve been involved with over the past two years, my ezine seems to be a consistent compass for me. It disciplines me to write and express myself on a regular basis in response to the real needs of my readers. Their consistent encouragement fuels my creativity and desire to consistently serve them through the research and development of new material. I’m even evolving my ezine into a virtual university I’m calling Facilitatorville.com which will offer many revenue-producing opportunities. Having a strong and loyal base of subscribers from my ezine provides a built-in customer base and R&D team to support the launch of this business, or any other online business that relates to personal growth.


Lisa Micklin: Weekly Wake Up Ezine
www.becomingu.com | coach@becomingu.com

Hi, I'm Lisa Micklin. Ezines are a deep passion of mine. It's just so cool to me that you can put yourself out there on the web and have oodles of heretofore strangers become a part of your network. My passion for ezines has taken me to a new entrepreneurial level. I recently developed and launched www.ezezine.com, a simple to use affordable ezine broadcasting and list management service. Our members seem to enjoy the benefits of using a system that was developed by other ezine publishers.

I publish the avant-garde Weekly Wake Up Ezine, endearingly referred to as "the wwu." It is a very unique ezine that consists of an inspirational fractal art collage that I create, combined with an eye-opening quote. It has received a lot of attention, due to its distinctiveness. Most of my subscribers have come from existing readers forwarding issues to their own networks.

After a year of trial and error, I decided to promote primarily in-house products and services as opposed to other people's goods. I found that my subscribers feel a connection to me that I can build upon. In the past, when I advertised other people's products, I actually began to lose subscribers! Now that I'm offering only my own goods, my unsubscribe rate has dropped dramatically.

I discovered the same truth when I was the advertising director for Ezineville.com, with a combined subscription pool of over 2 million. We had been running ads for various general interest products, and were generating revenue, but it was a lot of work. Thomas decided to switch all ads to in-house services and sure enough it paid off. Several Coachville members originated from these ads.

There are countless ways to promote within an ezine, and I'm not suggesting that in-house promos are the only way to go. However, I do know from my own experience that this is much more effective for my particular publication. It saves me a lot of time looking for advertisers or affiliate programs. And, I often surprise myself with what I offer. This approach keeps me creating new services to offer, which would likely not be the case if I were leaning on external advertisers.

What do I advertise? Pretty much anything and everything that I do! Creativity is essential in these promo efforts. For instance, the wwu is a very classy and sharp looking ezine. Recently, I started promoting ezine design as a service that I offer. It took me a year to think this one up, but it was definitely one of those "duh!" moments when it came.

More than advertising or revenue, my greatest satisfaction in publishing the Weekly Wake Up comes from the feedback of my readers. Every issue creates a deeper relationship with my subscribers as is evidenced in their emails and queries.


Shadow! Nightwing: 2 Minute Extreme Success Journal
www.thelawofattraction.com | shadow@thelawofattraction.com

Hello. I'm Shadow! Nightwing. I'm the director of coaching and training at the Institute for the Law of Attraction. I'm a Certified HypnoTherapist, a Master Practitioner of NLP and a Certified Personal Coach. I've developed manifesting and attraction techniques to help my clients truly get what they want from life and also to avoid what they don't want.

I started the Institute about 2 years ago seeing there was a great gap in information about manifesting and attraction. Prior to opening my web site, I gathered all the information on manifesting I could find. Then I took all I knew and street tested it to see what worked and what didn't. What ever I share with my clients or web site visitors I always test on myself before hand to be sure that it's successful and repeatable. I don't deal with theory here, only what works!

When my web site opened, I also began publishing my ezine which is now called the 2 Minute Extreme Success Journal. It's in HTML format which I believe draws more subscribers than plain text. My main focus was to write success oriented articles geared towards a person's inner belief systems. My subscriber base is over 6000.

Getting such a large subscriber base and keeping them is challenging. To do that, I offer freebies in nearly every issues. Most recently, I did a 2 day only sale featuring downloadable products. And to add fuel to the buying fire, all products were 50% off! I got a good response. I think the words 'sale' and '50% off' gets people's attention. It does me. At the very least I'll get more web traffic. And at the most, many more sales.

The key to successful advertising in your ezine is to not always make it all about you. People are taking their time to read your ezine and are hopefully finding value in it. Give your readers value and toss in freebies every now and then. I know when I read ezines and the author only talks about their products or services, it turns me off and the delete key on. But when they give value on a consistent basis and maybe a goodie or two, then they gain my trust and most likely my business.


Suggestions Related to Carrying Ads in Your Ezine
Build your list of subscribers. The more subscribers, the higher the price you can charge.
Determine criteria for what types of products and services you will accept ezine ads for.
Determine how many ads you will run per issue. If it's too cluttered, your subscribers may become frustrated and the advertisers will likely get lacklustre results.

Related resources
Reasons to publish an ezine, Full Practice ecourse at www.coachville.com/fullpractice/x66whyezines.html
How to publish an HTML ezine: instructions
Managing and broadcasting an ezine or ecourse: Passive Revenue course.


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