Can you make money with email marketing?

Yes, you can earn money from email marketing. Moreove, according to Hubspot, studies have shown an approximate ROI of $36 for every $1. According to Statista, email marketing will reach $17.9 billion by 2027. In other words, there's something for everyone. Even if you decide to start an email marketing campaign now, you will have room to earn something.

Now is the time to jump into the email marketing business. Email marketing is a profitable venture. Meanwhile, read to learn more about how to earn from email marketing.

Sell a product or service

As a matter of fact, you can skip this part if you already have a product and service to sell. However, if you don't, find a physical or digital product to sell. Some of the things you can sell via email marketing are ebooks, online courses, memberships, classes, private coaching sessions, etc.

Offer a paid newsletter

Another way to monetize your email marketing efforts is to offer a paid newsletter. In addition, you can charge a fee for your target to get access to exclusive content and more features.

For example, you can write about personal development and productivity as a blogger. Then, use a paid newsletter to offer exclusive email content to your target.

Sell other people's products

You don't have to sell just your products to earn from email marketing. Selling other people's products and services is another good way to earn money. To do this, become an affiliate for other businesses and earn a commission for every product you sell.

Nevertheless, before you jump into affiliate marketing, ensure that you have a good relationship with the subscribers. In other words, you must only recommend products that make sense to them. Also, they may unsubscribe if you recommend products that don't make sense to them.

Include sponsored content in your email marketing.

To make more money from your email marketing space, sell ad spaces. You will need at least 1,000 engaged subscribers on your list to sell ad spaces. Initially, you can go through third-party services to get ads on your space.

The third-party will connect companies with people who have ad spaces. Furthermore, it is up to you to choose how you want the advertisement to be structured in your email. When your email marketing campaigns grow, you will no longer need a third-party company to help you get companies to place ads. The companies will reach out to you themselves.

Conclusion

Tell your friends and family to spread the word to create more awareness about your email marketing. Spreading with word of mouth is one of the best ways to get more clientele. Not to mention, you can also request your loyal subscribers to share the message with others. In addition, you can add incentives for your subscribers to spread the word about your email marketing services. Finally, you can earn up to $2,000 monthly on email marketing. However, your number of subscribers affects your income.