Friday, 5 March 2010

How to Setup a Membership Site That Makes Money

Currently in the online marketing world, if you have already done some of the research on this topic, you may have already heard about a kind of online business model called membership site. Membership sites are hot among online marketers because it is one of the best way to generate stable income online.

Membership site, in brief, works like this: site owner may be an expert in a topic (or called a niche) and he/she may have some valuable information on that topic that want to be shared to others. Then this person will set up a website, putting all quality contents in the site, and allow readers to access this site through becoming a member, and charge for certain amount of membership fee, or provide free membership and later on site owner will send out the information by postal mail or email.

Members of those website needs to pay a membership fee constantly on each month or each year in order to keep their member status. The key is that site owner should be able to provide high quality information or contents continuously in order to keep those members paying to you. To go one step further, you can also allow your members to promote your site and share the income they earned.

The Contents that Membership Sites Love

Believe it or not, everybody, including you, are specialized or an expert in certain area. Most of the time you may just show it off among your family and maybe your friends so that, they will be very surprise on your "Ocean of Knowledge" you have. However, you may also want to find some ways to turn those knowledge into some that is more valuable, like money. So for example, no matter what you are good at, like cooking, web programming or graphic design, it is no doubt that you can make a lot of money in those knowledge area by setting up a membership site and attract people who are in need of those information to pay you.

However, even if you are the most admirable expert in your area of knowledge, if you have no idea on the basic of online marketing, you must be failed at the very beginning, or you even cannot start due to the reason that you do not have basic understanding of marketing. Therefor it is highly recommended that you need to learn something about Internet Marketing (or called Online Marketing) before you launch your membership website.

How To Start a Membership Site?
The very first thing you need to do is to research and digest every piece of information regards to membership, such as membership site structure and how to run a membership site. Reference to the membership sites which have already been run successfully for a long period of time. Study the reason of their success, follow their steps and you will have a successful membership site also.

Actually, since you have already had the required expertise in your area, you have already overcome the most difficult part of the whole game. Now all you need to do is just familiarize yourself with the membership site knowledge you need, and learn how to market your expertise throughout the entire world. For example, you may never think of providing free report or ebook to your niche. You just want to keep the secret until they pay as a member. However, providing free and valuable information to attract people's eyeballs are one of the most critical part of marketing online. Only when you got people email you can use it to sell affiliate products or providing membership site update or special offer to your list, which in turn make more money.

The Secret behind Membership Site Model

Some simple mathematics here: imagine that you charge for $10 each month for a new member and you got 30 members at the first month, or 1 member per day. At the end of the first month you will have $300. Compounding continue and in the second month, you got $600 and the third month, you got $900! Now what do you think if you have two membership sites? How about Three? This magic is the real reason why internet marketer love membership site. Moreover, site owner can also sell affiliate products to their members and earn more. Only sky is the limit!

People Love Membership Sites

Not only are membership sites the favorite of internet marketers, but it also holds true for consumers. Consumers saved a lot of time and resources on researching those information and when they join your membership, those information are ready for them! It is therefore much more convenience.

To conclude, membership are really the way to benefit both members and site owner. Site owner will get paid by their members, and consumers are happy to have the information they needed.

Did you find this article useful? Actually if you are serious in making money online through membership website, or just a normal ecommerce website, Turbo Membership is the only choice of you. Sign up and get this big yellow book about how to make real money online now.

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