Co-Op... eration by Theresa Cahill All Rights Reserved Copyright 2003 An online advertiser has numerous options when it comes to getting the word out about their particular product or program or website, and the ezine co-op is an excellent resource. The purpose of the co-op is very simple. For the advertiser, it is a one-stop spot to order advertising inside various ezines without having to do the manual labor for themselves. It's a time saver, a labor-saving tool only, and the selection of ezines is outstanding. For the publisher, the co-op exists as a great method of advertising (or listing) their own ezine, it enhances the link popularity many search engines look for, and it's a great way to gain subscribers. A publisher should join a co-op for two reasons: 1. To gain a subscriber in exchange for running a new ad. Most ezines offer a first free ad and/or various ways to advertise for little or no money in their publications, so this doesn't create a big conflict - it's what a publisher is doing anyway. The co-op assists by sending subscribers that have come via their website in the publishers direction. The publisher adds the new subscriber and runs the ad. The cost of advertising for that new subscriber is absorbed by the co-op, and the publisher benefits by having to advertise less to grow. It's a simple, win-win arrangement. 2. To be paid to perform a service over and above Item #1. While almost every co-op has some sort of affiliate program available for anyone to join, the co-op/ publisher relationship should be such that the publisher does not have to rely upon selling in order to get paid for helping a co-op expand their services beyond Item #1. With the increased number of solo advertising going on online, a publisher who agrees to get involved with additional solo mailings must weigh the value of taking on that additional service. They need to understand that they've agreed to add to their existing workload, and they've agreed to contact their subscribers more frequently. Neither should be taken lightly. Every time a publisher does make contact with their list, they do lose some people - through bounced email or unsubscribes. How often a list is contacted is a critical component in keeping that list alive and well. Strain that resource, and a publisher and his or her readers feel the consequences. A publishers purpose over and above providing good, useful information is to grow a list, a list that will ultimately make that publisher money. They work hard to establish a relationship of trust and confidence with their subscribers, they work on their own personal name branding. The publisher's hope is that by providing a quality service and good information their readers will follow their lead when good programs surface online and join with them or buy from them. It is a business, too. But... How many publishers finally give up and close down a list of loyal subscribers because the workload of maintaining that quality contact gets strained to the point of breaking, and the income they hoped to generate with their subscribers just isn't happening? Many... and it's a shame - because even the subscriber and advertiser can see that the publisher also has the right to make money online. A year or so ago, the sole purpose of a co-op was ezine advertising - the regular "classified" advertising listed in Item #1 above. Recently, including our service at My Wizard Ads, co-ops are adding additional ways for advertisers to get the word out - solo advertising, guaranteed hits, meta tag services, and more. Yes these same additional services typically fall under the "make a sale, earn a fee" affiliate program. But the key difference a publisher should look at is the "make a sale" to get paid, particularly when it comes to solo ads - a primary source of income for the publisher who puts great effort into selling their own. And, while it may not be a popular idea to express, I keep asking myself, "Why would anyone run solos for free?!?" Back in October 2001 when My Wizard Ads opened it's doors my primary goal was, and remains to this day, to help publishers make money. Why? Because I also publish and it's hard work! And over the course of several years online I've met many wonderful hardworking people who deserve to get paid for their efforts. So I figured I could make a difference - expand upon the existing co-ops of the time, and put some cash back into the pockets of those working with me by paying them to help me grow. And, if the cash wasn't readily available, I'd at least help them grow their list by sending them subscribers - because we all know "the money is in the list." Sure, I've got the standard affiliate program (the first I believe to include PayPal), but I also understand the potential repercussions for a publisher every time they run a solo ad. To help offset this, I pay every publisher a fair market price, every time, regardless of who sold it. And, what's more, I believe every co-op can, and should, do the same. The sheer numbers of a co-op make it easier to allow advertisers less expensive methods of advertising. But, to this day, I believe that the co-op should not undermine the individual publisher. As publishers we need to weigh the pros and cons and choose to participate wisely. Common sense and good business practices can, and do, ensure that everyone has a fair shot at their online dreams. Remember... Co-op...eration. ===================================== About the Author: Theresa Cahill is working on her second decade in marketing and would love to share her free, brandable ebook with you. Download it, read it, refer back to it, and share it with a friend! http://www.mwatracking.com/go/go.php/0047 Please drop by http://www.thewizworld.com and/or http://www.mywizardads.com and say hi!