Hello Friend,
The membership model has become a popular and profitable business model. The combination of minimal start-up effort and maximum cost-effectiveness makes it a winning success. You can even build the site while profiting from it by adding content while you create it.
Think of membership sites like a class. When you join Taekwondo you don't get all the lessons at once. You get a lesson each week. The lessons build on each other. As long as you keep the lessons ahead of the class, then you have enough content. You can keep creating content after that or stop after a certain time or after reaching a certain goal.
New students will always start at the beginning, but you only have to build your site and information once. You could spend 6 months creating your membership site and earn from it for years. And you can always hire experts or outsource some of the work to help free up additional time.
The question you may have now is what type of site will work? Fortunately Anne Holland explains today how to find the type information people will want on a membership website and where to find that information.
Click here to find out how.
Read the StomperTip. There's no opt-in or anything.
Talk soon,
Lee Collins
Managing Director
StomperNet, LLC
"Don't spend so much time trying to choose the perfect opportunity, that you miss the right opportunity."
~ Michael Dell ~
Entrepreneur, Founder of Dell Inc
By Ann Holland
I just spent the last six months researching the real numbers behind membership sites. 389 real-life site owners and marketers revealed their private stats to me and my research team. Plus, we carefully studied an additional 550 membership sites to determine trends in pricing, site design, even how successful their search marketing was (not very - I'll come to how that may help you in a minute).
The truth, we discovered, is that 17% of membership and subscription sites today make more than $1 million in profits (that's profits - not revenues) per year. Even more membership sites are in what I'd call the "prosperous middle class". They reap solid six-figure profits year in, year out. Many of these are what you might call mom-and-pop operations with just a handful of employees - some are even sole proprietors.
Read More...
Content Creation Tips For Membership Site Success
- Use an Existing eBook
- Survey Your List
- Review potential new traffic sources
- Brainstorm how to offer content for your members
- Look for an expert
Let Us Know Your Thoughts in a Comment Remember: Next StomperTip:
Thursday, May 10, 2012
NEXT WEEK'S FOCUS: Personal Touch
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