How To Make Big Money Fast, Renting Mailing Lists
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Based Business Ideas Part 5
Anyone wanting or needing to build a fast
source of in come should definitely consider establishing a mailing
list rental business. All it takes to get started is your time,
and once you're organized, you can easily parlay this business
into a $100,000 a year income.
The first thing of course, is the compiling
of names for your mailing list. This is done simply by noting
or listing on 3 by 5 index cards the names/addresses on all your
incoming mail. Arrange these cards in zip code and alphabetical
order, and you're almost ready for business.
To build your list of names, simply run
an advertisement in as many of the mail order publications as
you can afford, offering a free list of 100 mail order buyers
for a self-addressed and stamped envelope. And again, as you get
these responses to your ad, list their names/addresses in your
card file system, and file them alphabetically with your other
cards.
Another way to build your list of names
fast is to run a short classified type advertisement offering
a free report on some sort of money-making idea, in exchange for
a self-addressed, and stamped envelope. As you do with all of
your other incoming mail, list the names/addresses on your index
cards and file them with your other cards.
When you've got a thousand names in your
card file, the next thing is to purchase a box of self-adhesive
or peel and stick labels, and type your names/addresses onto these
sheets of labels. Typing 31 sheets - 33 labels to a sheet will
give you 1,023 names on 31 sheets of labels. Take the sheets of
labels to your nearest photocopy shop; copy them onto plain paper
masters and you're ready for business.
Meanwhile, be sure to file your plain paper
masters and hold them/guard them with your life. You can send
out the labels you typed on to your first customer.
Look through all the publications offering
advertising space for mail order operators - clip out and study
those advertisements offering mailing lists - and from these,
make up or have made up for you, a similar ad.
You should be offering your lists for one-time-use
at $5 per 100 names; $20 for 500 names; and $40 for 1,000 names.
Check with your paper supply sources for
best wholesale prices on reams of plain paper, gummed labels,
and the peel & stick kind. At the same time, explain what
you're about to do with the owner or operator of your local copy
shop, and arrange a deal whereby you can copy your names at reduced
prices, so long as you provide your own paper.
Then, when your orders start coming in -
you simply take your "master mailing list sheets" to
the copy shop, copy them onto plain paper, gummed or peel 'n stick
labels, and send them out to your customers. Basically, we suggest
that you do all your copying once a week, package all your orders,
for that week, and drop them off at the post office with just
one trip.
Much of the time, you can get free advertising
and at the same time pull in a lot of new names of people who
are interested in mail order, by writing and submitting articles
to the various mail order publications. If you arrange such a
deal with a publisher, run your mailing list ad, and tag your
articles with something such as: For more information or if you
have a particular questions, write to me at...
It would also be a good idea to check out
your own capabilities of producing and mailing out a mail order
ad sheet -just a one-page flyer with 3-columns of ads on one side
and a full page advertisement of some program or product you're
promoting on the other side. Then, with such an ad sheet, you
contact all the mail order publishers and offer to run their ad
in your publication if they'll run yours in their publication.
Whenever you're adding a new name/address
to your card file, always mark on that card whether or not you've
received any kind of order from that person. You should also number
your mailing lists - mark "01" on the cards of the first
1,000 names you type up onto masters, "02" on the next
thousand and so on until you retire or sell your business.
Finally, when you've accumulated 5,000 or
more names in your card file (incidentally, you can easily store
your 3 x 5 cards in old number 6 envelope boxes or even shoes
boxes. Whenever you're out shopping, simply ask the store manager
or owners if they have any such boxes that they can give you).
Anyway, as I was saying, once you've got
5,000 names on file you can begin contacting some of the national
list brokers and setting up arrangements for them to broker or
rent your list for you. Usually, they get 20% of the rental fee
each time they rent your list - a, small price to pay when you
understand that these people can rent your list out 50 to 100
times per year. They do all the advertising and selling for you
with your only responsibility being to work out arrangements to
get the lists to the rental customers.

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