A news letter to 60 000 users. Is it worth it?

Hello,

I have been creating websites for quite some time, but I have never had a real news letter.

I have a website that has a mailing list of 60 000 users. They are in the author/reader/ebook field.

Based on the size of that list, is it worth for me to start a newsletter, in which I occasionally promote products and try to monetize on? Is 60 000 enough for the effort involved? What is a normal conversion rate for news letter promotions?

Appreciate any tips.

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