5 Key Steps To Starting Your Own Membership Website
Membership websites can create incredible profit for you and the start-up costs and running costs of a membership site are minimal if you know what you are doing. Why are membership websites so successful you may ask, well in this day and age with busy lifestyles people are more than willing to part with money in order to gain valuable content.
Many niches can convert into a successful membership site including business information, how to make money, personals, entertainment, sports coaching, marketing services, weight loss and dieting help. In fact think of a topic and you can create a membership website on it…
People love membership websites, too, because they like the fact that the membership site has a limited membership. They like exclusive! Membership websites rarely allow foul language of flaming and people like that. On open websites there is not usually a monitor that forbids bad behavior or bad language and is there to enforce the rules.
Now let’s talk about the advantages of actually owning a membership website and there are many, many reasons. One of the main reasons can be summed up in just two beautiful words; recurring income. Every single month the very same people pay you. You don’t have to sell them anything, they’re already sold.
Recurring income adds up fast, too. For example; if you have a membership website that charges $29.95 per month that means that over the course of one year you will make $359.40 from EACH MEMBER and with NO additional overhead expenses. It’s like a money tree!
If you look at the chart below you will see that I’ve chosen a conservative price $9.97 but depending on the topic and quality of content, this can be much higher…
| Members | Monthly |
Yearly |
| 1 | $9.97 | $119.64 |
| 5 | $49.85 | $598.20 |
| 20 | $199.40 | $2392.80 |
| 50 | $498.50 | $5982.00 |
| 100 | $997.00 | $11964.00 |
| 500 | $4985.00 | $59820.00 |
| 1000 | $9970.00 | $119,640.00 |
| 5000 | $49,850.00 | $598,200.00 |
Subscribers are willing to part with anywhere from $9.95 a month to $19.95, and if the site is really unique and I’ve seen some sites with memberships as high $475 a month.
There is plenty of stretching room in the world of membership sites as the current statistic states that only 9% of online users currently belong to a membership site. Because the WWW is an international marketplace anyone, anywhere can start and profit from a membership site.
Individuals wanting to start a membership site should understand that there are 5 key steps that they must take in order to start a successful membership site.
Step 1 – Define your niche. A membership website is targeted to a specific group of readers that share a common interest with a need for information, for which they are willing to pay a premium.
Step 2 Determine your target audience. Who is your membership website appealing to? Your target audience should have an established interest in your niche but are not already being served by an existing membership website. Your target market should be part of a stable or growing audience who are already proven membership website users.
Step 3 – Provide great content. The content should be unique and valuable. If the information is not found anywhere else online than you will be able to pull in subscribers without much effort other than advertising the fact that your content is unique.
Step 4 – Generate Quality Traffic. You need to find subscribers by generating quality traffic such as getting good search engine positioning, using pay-per-click, using joint ventures, utilizing Ezines, affiliate programs and viral marketing.
Step 5 – Provide the tools required. You need to involve you membership in the learning process by adding tools and services such as software, ebooks, resources, and give-aways. When you provide tools and services along with your valuable content you are giving members everything they need in one place, which adds value to your site.
Do you have a special skill or interest that you can turn into a profitable membership site? Can you find unique, content that members would be willing to pay to receive?
Starting a profitable membership will be exciting, rewarding and fun. You will need to understand what is involved in setting up the site and how to maintain it. There are many things to plan for including auto-responders, automated sign-ups, credit card processing, automated cancellations and website content that is continuous.
You will not only profit monetarily from your membership site but you will also learn a lot too as you go through the process of setting up the site and running it. You too can run a successful membership site. Seek out as much information as you can about membership sites, what makes them successful, and how to run them before you dive in. The more knowledge you have the easier it will be for you to start your own membership site.
That’s why I’ve created this website for you, in order for you to gain the knowledge require to build a successful membership website using the same techniques I use to earn an income month in and month out…
Launch of Membershipsite Secrets
Welcome to Membershipsite Secrets. As all new blogs go, this is the first posting… So if your one of the first visitors to this brand new website, then I welcome you and suggest you bookmark this site as I will start revealing some great secrets.
I’ve created this for those who wish to learn everything there is about membership websites and will be showing how to generate extreme amounts of money on a monthly basis by setting up your own membership website.
For now though, thank you for visiting…
Wayne




