Membership Sites are an excellent business module to look into, firstly you have steady monthly income. Multi-million dollar companies have been founded on the concept of reselling information that is already available and reselling it for vast profits.
In today’s time vanishing era people will pay to access their desired information in one place to make their lives easier, I think we can all testify to that need.
Subscription services to save people time to access the information they want will become a premium
business more so than it already is today.
Just a hundred members subscribed to you site could be 1000 – 2000 dollars
extra a month if you’re charging 10 – 20 dollars. The more valuable your content the more you
can charge. Some membership sites selling Private Label Content for Marketers charge $47 – 97 a
month and a lot more if it’s specialist content or info.
If you’re targetting outside of the Internet Marketing market you can’t
usually charge premium rates unless it’s stock broking tips or something that seriously benefits your members’ wallets, in which case the sky is probably the limit. The point is to research your market as thoroughly as possible. You don’t have to love your niche but it obviously helps, otherwise you’ll find the momentum may die.
Limited membership numbers for exclusivity
You only have to make the sale once, beyond that it’s recurring payments
You can then give your list other related offers and your members are
much more likely to buy once they’ve already parted with money to you before
and they’ll be used to see your billing on their statements.
What niches can I make my membership site about?
Great research tools are Ebay. What are people searching for and
What kind of content can I put on there?
Good solid content that people cannot get anywhere else.
Your site is a filter for info, it may be available on free forums on Yahoo, but
the real qualityinformation is at your site .
Articles – unique quality content
Videos – a great way to put across information
Forums – create a community
Find Experts on your subject and ask them to write guest articles or a
regular spot, they will probably love the exposure. About.com has expert writers in
Interview the experts and put a downloadable mp3 on there.
Why would people what to join?
To save time looking for the information/content they want
To be part of a like-minded community
They may see just one tool / bonus / idea that they consider makes it
worthwhile to join.
Should I offer a FREE or low price point price?
You could Try first month at $3.95 or similiar, this can increase your
members. Depending on your niche it could be a lot more or less than this. Experiment.
Paypal. 2co, Clickbank all support recurring payments. Perfect for
Give your members the opportunity to promote your membership site for
you in return for a recurring commission.
Let me know your comments!