How to Build an Asset Out of Giving Stuff Away for Free

We all do it I guess: give something away for free to stimulate interest in our online promotions, an e-book here; a report there, whatever elsewhere.

But can you really build an asset out of giving stuff away?

I believe you can and I'll tell you why.

I have dozens of small web businesses in diverse fields and one site in particular drives traffic in droves to most of the others.

That's its job. It's a portal; a catalyst and it's good at what it does.

You know what though?

I have been consistently and unwittingly underestimating the power of its innate potential to build an asset, a priceless asset.

Until recently this valuable catalyst had no opt-in facility, no newsletter.

Crazy - and it took my ten year-old granddaughter to point out the error of my ways.

Here is the 4-point action plan I implemented to persuade her I wasn't a terminally doddering old duffer.

1. I set up a dedicated subscription web page offering targeted visitors a bumper bundle of goodies to opt-in and sign up for a free newsletter I have yet to launch.

2. I emailed my existing lists directing members to the bumper bundle page.

3. I installed the script for an opt-in responder form on the home page of the portal.

4. I inserted a link in most of my other websites.

That was several weeks ago and already it's showing signs of paying off.

I am averaging around 30 sign-ups per day and my new list currently stands at 1300+

The subscription site is an ugly duckling - but so what ? the technique is working.

If you would like a sneak peek at how I'm building an asset out of giving stuff away for free, you might like to visit the site featured in the resource box below.

Jim Green is an online enthusiast and bestselling author with an ever-growing string of niche non-fiction titles to his credit. http://free-stuff-xl.com

In The News:


Google News
Updated : Tue, 07 Oct 2008 20:50:00 GMT

Thai Army Sends Troops to Help Police Keep Peace - Washington Post


Voice of America
Thai Army Sends Troops to Help Police Keep Peace
Washington Post - 4 hours ago
Thailand's military agreed Tuesday to deploy hundreds of unarmed soldiers to the streets of Bangkok to help police restore order after violent clashes between police and protesters that left at least 1 person dead.
Video: Raw Video: Tear Gas Fired at Thai Protestors AssociatedPress
Troops deployed as one dead, hundreds hurt in Thai protests AFP
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Publ.Date : Tue, 07 Oct 2008 16:12:03 GMT

Sleuth's Presidential Debate Watch Game - Washington Post

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Washington Post - 41 minutes ago
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'Aggressive' debate expected between McCain, Obama CNN
* McCain looks for way to stop Obama's momentum Reuters
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Publ.Date : Tue, 07 Oct 2008 20:08:21 GMT

Qantas Involved in Another Air Incident - New York Times


NEWS.com.au
Qantas Involved in Another Air Incident
New York Times - 25 minutes ago
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Publ.Date : Tue, 07 Oct 2008 20:24:06 GMT

Cough, Cold Drugs Not for Kids Under 4 - WebMD


CBS News
Cough, Cold Drugs Not for Kids Under 4
WebMD - 2 hours ago
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Cold, Cough Medicines for Children Get Added Warnings (Update3) Bloomberg
Drug Companies Say No Cold Meds for Kids Under 4 Washington Post
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Publ.Date : Tue, 07 Oct 2008 18:48:20 GMT

AIG's ex-CEOs blamed for crisis - CNNMoney.com


Los Angeles Times
AIG's ex-CEOs blamed for crisis
CNNMoney.com - 1 hour ago
House panel chairman says executives got undeserved riches, while ex-CEOs blame accounting rules and market conditions for leading to $85B bailout.
Joe Cassano: The Man Who Brought Down AIG? Washington Post
AIG CEOs Blame Each Other, Accounting for Insurer's Downfall Bloomberg
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Publ.Date : Tue, 07 Oct 2008 19:11:18 GMT

Bernanke hints at possible interest rate cut - MarketWatch


The Associated Press
Bernanke hints at possible interest rate cut
MarketWatch - 31 minutes ago
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Publ.Date : Tue, 07 Oct 2008 20:18:10 GMT

Wells Fargo may get lion's share of Wachovia deposits: report - MarketWatch


Sify
Wells Fargo may get lion's share of Wachovia deposits: report
MarketWatch - 32 minutes ago
By John Spence, MarketWatch BOSTON (MarketWatch) -- Wells Fargo & Co. may get as much as 80% of Wachovia Corp.'s deposits, with the remainder likely going to Citigroup Inc., according to a published report Tuesday.
Citi, Wachovia, Wells temporarily halt litigation Bizjournals.com
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