list promotion question/list response
Question for people who have successful lists/marketed to 'cold' leads (or semi-warm, meaning they signed up for an opt-in form, etc).
How do you make your list more responsive, and what do you consider a good % rate for sales (when you promote to them)?
I have this one list I've been working on specifically through aweber, size about 1,750. (Not sure if that is 'large', because I have several much larger, so I'd actually consider this a small list right now... but anyways...)
Anyways. I've set up the autoresponder sequence, have good content (useful content), and then periodically send out a promotion.
With the autoresponder sequence, it's gone from an initial 20% open rate to only 10% open rate (so I am assuming maybe perhaps I need to tweak the content for the audience). And then, periodically when I do list promotions, I seem (at the moment) to only get between 0-2 sales, which would be roughly 1% of people who actually do open it (or, for the actual list size, really only 0.01%). (Recently sent out a promo, so results may be a bit premature yet, but haven't yet seen anything out of a roughly 30% clickthrough rate for actual opens). I am promoting good/quality useful stuff of course (don't do junk), but I would expect a much higher purchase/clickthrough rate because the products actually are quality.
If you have a successful list, what do you do to make it successful, and as a benchmark, what would you consider a good 'open->click->actual sales' rate? (PS, again this is for a 'cold' to slighly 'warm' leads as this is from single optin for a free report/free service, etc, etc, as opposed to (yet) being an actual buyers list.)
I should also mention that this is for the traffic building/'money making' arena (as opposed to specific niche websites, etc).
Thanks!
J
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