Hi James, one thing you can do for ideas is to browse other websites that are simillar to yours and look at the newsletters they're offering. What is their site like? What appears to be the main theme of the site, and what are they offering in their newsletters?
You're getting the buzz because your website is unique James! You can turn a list into a hot topic forum from what you're doing. If they do respond to these lists, then they would possibly like subscribing to your newsletter.
The affiliate ads can go on your website itself, not the newsletter. When you decide to offer a product to your subscribers, you don't use the newsletter, but send a separate, full page text ad to each subscriber. You have their permission, and you have lots of room to describe your product and promote it. You can simply place an affiliate link in the ad where they click on it and are taken to a full page website offering the product and the price. The affiliate manages the site for you and processes the orders.
Plus you can also advertise your text ad in OTHER people's newsletters as well. Some newsletters have subscribers in the tens of thousands and sell full page stand alone ads that are sent to each of the subscribers.
This is a good way to earn extra money, not just a little but a nice amount and often all you have to do is send out an email text ad. It will depend on your ad writing skill, how many subscribers you have, and the product your promoting.
Is it a way to earn a living? It still depends on you and how much energy you put into this, your skill and progress. It is possible to make huge amounts of money doing this, but it is still wise to use caution and be careful, and patient too.
Let us know how you're doing James...
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