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Membership Site Profits
Membership Site Profits
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Discover How To Start Your Very Own Successful Membership Site Today and FINALLY Start Earning a Regular Income From Your Online Business! Membership Sites Are Big Business - and I'd Like To Show You How You Can Start Your Own ... Quickly and Easily!
I'm sure you've already heard that starting your own membership site can provide great profit potential.
You only have to look at the gurus to know just how lucrative they can be. Can you name a well known internet marketer who DOESN'T run their own membership site?
Exactly.
Let's face it - it's easy to see why having a website which brings you recurring income is pretty appealing...
What You Want To Know Is How You Can Get A Slice Of The Action!
Well I'll get onto that in a moment but first I want to be totally upfront with you about something...
Running a membership site is not all plain sailing.
Sure, the potential profits are great in theory - but things don't always work out quite as well in reality.
"What? You're trying to talk me out of starting my own membership site?"
Nope - not at all. I am just saying that if you want your membership site to be a success you need to know certain things.
I'm sure you've noticed that the number of membership sites online has exploded in the last few years. They are everywhere - but what is sometimes kept hidden by the gurus is that lots of membership sites fail.
Listen. Starting a membership site is not hard within itself. Where people often go wrong is in the little details - and that's where my new book comes in.
The membership site business model has several major advantages over other business models…
The most obvious benefit of running a membership site which charges a reoccurring fee to its members is that (in theory) you only have to make the sale to your customers once and then you get paid over and over again.
Think about it for a second…
Imagine that you run a membership site that charges a fee of $47 each month.
For each member that you recruit you potentially earn $564 in revenue over 12 months.
If you had just 30 members that means you would earn $16,920 a year from your site, assuming that each person stayed as a member for the full 12 months (which they probably won’t, but we’ll talk about that in a moment.)
On the other hand, if you didn’t have a membership site and purely sold people one-off payment products, you would have to make a $47 sale 12 times over the same period in order to earn the same revenue from each person.
To earn the same amount over a year overall you would have to make 360 sales!
Membership Site Profits 5
I’m sure you’ll agree that the membership business model looks much better on paper.
Unfortunately this doesn’t take into account the problems which running a membership site can bring…
For starters, it’s not especially easy to sell someone a membership for $47/month (in general, the lower the monthly fee the easier the sale) and you will find that a significant proportion of your members will cancel after the first month or two.
So – making the sale isn’t always easy and then keeping those people as members over the long term can be even harder still.
It doesn’t matter how hard you try – members will always come and go. It’s just the way it is.
Don’t get disheartened though. This doesn’t mean that you shouldn’t start a membership site. Far from it in fact!
You see, if you get it right a membership site CAN provide you with a stable, regular monthly income.
You have only got to look at the top internet marketers to see why starting a membership site is a great idea. They nearly all have at least one!
My aim in this report is to show you how to start your very own successful membership site. I’ll take you through the main steps and things you need to think about and also give you some tips that could mean the difference between your success and failure.
So, without further ado, let’s get started…
Membership Site Profits 6
Types of Membership Sites
People generally join membership sites for two main reasons:
They want to access content on a regular basis (the content you are offering – which could be downloads, a course, personal mentoring, etc.)
They want to join a community and wish to meet likeminded individuals
Some membership sites cover both – for example there is a members content area AND a forum where members can chat with each other and share information.
Other membership sites focus on just one or the other. Your membership site could simply consist of a private forum where people swap information. In fact lots of such sites exist out there – consider for example JV clubs.
I'm sure you've already heard that starting your own membership site can provide great profit potential.
You only have to look at the gurus to know just how lucrative they can be. Can you name a well known internet marketer who DOESN'T run their own membership site?
Exactly.
Let's face it - it's easy to see why having a website which brings you recurring income is pretty appealing...
What You Want To Know Is How You Can Get A Slice Of The Action!
Well I'll get onto that in a moment but first I want to be totally upfront with you about something...
Running a membership site is not all plain sailing.
Sure, the potential profits are great in theory - but things don't always work out quite as well in reality.
"What? You're trying to talk me out of starting my own membership site?"
Nope - not at all. I am just saying that if you want your membership site to be a success you need to know certain things.
I'm sure you've noticed that the number of membership sites online has exploded in the last few years. They are everywhere - but what is sometimes kept hidden by the gurus is that lots of membership sites fail.
Listen. Starting a membership site is not hard within itself. Where people often go wrong is in the little details - and that's where my new book comes in.
The membership site business model has several major advantages over other business models…
The most obvious benefit of running a membership site which charges a reoccurring fee to its members is that (in theory) you only have to make the sale to your customers once and then you get paid over and over again.
Think about it for a second…
Imagine that you run a membership site that charges a fee of $47 each month.
For each member that you recruit you potentially earn $564 in revenue over 12 months.
If you had just 30 members that means you would earn $16,920 a year from your site, assuming that each person stayed as a member for the full 12 months (which they probably won’t, but we’ll talk about that in a moment.)
On the other hand, if you didn’t have a membership site and purely sold people one-off payment products, you would have to make a $47 sale 12 times over the same period in order to earn the same revenue from each person.
To earn the same amount over a year overall you would have to make 360 sales!
Membership Site Profits 5
I’m sure you’ll agree that the membership business model looks much better on paper.
Unfortunately this doesn’t take into account the problems which running a membership site can bring…
For starters, it’s not especially easy to sell someone a membership for $47/month (in general, the lower the monthly fee the easier the sale) and you will find that a significant proportion of your members will cancel after the first month or two.
So – making the sale isn’t always easy and then keeping those people as members over the long term can be even harder still.
It doesn’t matter how hard you try – members will always come and go. It’s just the way it is.
Don’t get disheartened though. This doesn’t mean that you shouldn’t start a membership site. Far from it in fact!
You see, if you get it right a membership site CAN provide you with a stable, regular monthly income.
You have only got to look at the top internet marketers to see why starting a membership site is a great idea. They nearly all have at least one!
My aim in this report is to show you how to start your very own successful membership site. I’ll take you through the main steps and things you need to think about and also give you some tips that could mean the difference between your success and failure.
So, without further ado, let’s get started…
Membership Site Profits 6
Types of Membership Sites
People generally join membership sites for two main reasons:
They want to access content on a regular basis (the content you are offering – which could be downloads, a course, personal mentoring, etc.)
They want to join a community and wish to meet likeminded individuals
Some membership sites cover both – for example there is a members content area AND a forum where members can chat with each other and share information.
Other membership sites focus on just one or the other. Your membership site could simply consist of a private forum where people swap information. In fact lots of such sites exist out there – consider for example JV clubs.
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