Simple Steps to Start a Profitable Member Only, Subscription
Web Site
This
article reveals an ecommerce model - start paid membership
site to make money on Internet. Read the details about how
to make money via building paid membership site.
Having a successful member only, paid membership site is
one of the best ways to make money online. A successful membership
site can give you the steady income of but without
the job!
For example if you had just 200 people paying you just $20
a month, you would have a steady cash flow of $4000/month,
month after month, rain or shine. Many people accomplish this
the first month or two their site is up. But that's
just the beginning. Some individuals have member only websites
that generate 5-10x that amount of money!
But before we get ahead of ourselves, let's discuss
exactly what a member only, paid membership site is?
Whether you call them member only, membership, subscription,
or mentor websites, they all have one thing in common: they
are bringing in steady, recurring cash flow for their owners,
month after month, from a few hundred dollars to tens of thousands
of dollars with an endless variety of topics.
Some of these sites provide mentoring or coaching, others
contain useful articles or information in a particular field
or product. Still others publish the results of tests and
studies or product reviews. Finally some membership sites
provide specialized service or act as a meeting place for
people with a common interest.
But all these sites have one thing in common: to access the
website (or the best information on the site) you have to
pay for it!
Why Would People Pay for Information on the Internet?
The key to getting people to pay for access to a website,
is to provide specialized information/coaching/data/service
that is hard to find anywhere else, or would be time consuming
to find on your own.
Here's another way to look at it:
Have you ever subscribed to a newspaper, magazine, or newsletter?
Have you ever bought a non fiction book that gave advice on
a topic you were interested in? I'll bet you have.
I'll also bet that you could have found almost all
of the information these resources contained from free sources.
You paid for the information either to save time or because
you thought the information would be better or more specialized
for what you were looking for, isn¦t that correct?
Just a few short years ago it was almost unheard of to charge
for access to a website and almost no one was doing it. Today
it¦s not only much more acceptable but there are still
relatively few membership websites. This makes it the perfect
time to start your own member only site, since there is still
little competition.
Choosing a Topic
This is the most critical decision you'll have to make. Choose
the right topic and you'll have people clamoring to give you
money to access your site. Choose the wrong topic and you're
doomed before you even start.
The first place to look for potential topics should be within
your own world. The list of potential topics could come from
your interests, hobbies, vocation, business training, or even
your location.
Find a topic that you are passionate about, and the odds
are that enough other people are also passionate about the
topic to make it a successful membership site. Since you are
going to be spending time building and maintaining your membership
site, why not choose a topic that you enjoy?
Note: If you are already a speaker, consultant, writer, or
"expert" on almost any topic, then you are in a
perfect position to create a membership or mentor type of
website which could double or triple your income. You should
start a membership site today! In just 3-4 months, one of
my clients turned his existing expertise and client base into
a member only site that generates $40,000/month!
You wouldn¦t believe some of the unusual ideas that
people have turned into profitable paid membership websites.
Topics include: unusual business ideas, fireworks, repairing
guns, physical conditioning, marketing, specific makes and
models of cars, digital cameras, dieting, dating, tall people,
and 2nd wives clubs.
Setting Up and Running Your Member Only Website
Finally there are many tools to help you build and maintain
your member only website.
At the most basic level, you can do much of the website creation
yourself and use 3rd party services to help you with the administration.
However, a quicker and even better way is to use one of the
new all in one membership management software systems that
helps you get your site set up quickly (even if you don¦t
know anything about programming) and automates almost all
the administrative features. These membership software programs
can reduce your workload by 75% as opposed to trying to do
it all yourself.
Is There a Members Only Website in Your Future?
I hope this brief article has given you a glimpse into the
tremendous potential that could await you with your own membership
website.
All over the world, people are earning large sums of money
online, on a regular predictable basis from the comfort of
home, because they had the insight to start a paid membership
site.
What are you waiting for?
------------------------------------------
Ron Ruiz is a product developer, marketer and newsletter publisher.
He has extensive experience in all aspects of starting and
running a membership/subscription/coaching website. His own
membership website http://www.businessfastlane.com
has been operating for several years and has members from
over 26 countries.
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