It's a very important tool for you to build relationship, trust, friendship with your subscribers. If you don't have one, start creating one today. Click here if you need help to start a money-making newsletter.

Here are some of the money making ideas that you can use for your newsletter:

1. SUBSCRIPTION FEE.
Up-to-date information is money. You can publish a newsletter with time sensitive information, for example stock market updates, through paid subscription. Your newsletter is only sent to paid subscribers. This is a powerful model as this generates a stream of residual income. Once they are your paid members, they will pay you for life as long as they still need your information.

2. ADVERTISEMENT.
Whether your newsletter is free or paid, you can still allocate some advertising space in your newsletter. People are willing to pay you for the advertisement because you have a list of targeted audience. If you plan to offer five advertisements in your newsletter for a fee of $25 per ad, you are actually making $125 per issue. 

3. AFFILIATE PROGRAMS.
You can join affiliate programs and earn referral fees by recommending third party products to your subscribers. You can do that by sending a recommendation letter to your subscribers, or advertise your affiliate links in classified ads. This is a powerful marketing tool.

4. OWN PRODUCTS.
You can definitely promote your own products or services through your newsletter. Just send a letter to your list and tell them about how your products can help your subscribers to solve problems or do things more effectively.

5. JOINT-VENTURES.
You can contact other list owners, newsletter publishers or editors to promote your products in their lists. Your JV partner will endorse your products to his/her list, and for every sale generated, you'll share a percentage of profit with your JV partner. This is an excellent form of leveraging on other people's list. If you're looking for JV partners, click here to contact me.

To ensure the smooth running of you newsletter publication, you need a good mailing list software. The software can help you save time tremendously by automating your organizational work such as subscribing and unsubscribing of readers and mailing of your newsletter. 

Without the software, you may have to do this manually, which is a lot of work...and boring. I personally use Mailman Pro. Mailman Pro allows you to create unlimited lists for your different publication needs and it saves you money as there is no monthly fee involved. Check it out to see if this software suits your needs.