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When people subscribe to your RSS feed, they have to put it into their own RSS feeder, which reads your RSS. This allows people not having to visit your site to find out when new content has been added. Instead, they just click on their own RSS feeder and if new content has been added, it'll show up in the RSS feed.
If this idea doesn't appeal to you, you could make a mailing list form where people can subscribe to your page. This form collects the emails. Some programs allow for you to have a collective mailing list so that if you send a newsletter informing them of the change, a newsletter goes out to all members at the same time. However, I have yet to see one that does not include some kind of ad. Other mailing programs does not do this step but just collects the info and send to your email. You then have to send otu e-mails.
I hope this clears things up for you. If you have any more questions, please let me know.