Franco Yong
Would you love to have a business that can bring you recurring income month-after-month?
How about having a business that you can be your own boss entirely and no employees at all to mess you around?
Furthermore, would it not be such a wonderful thing if you can even run the business on autopilot most of the time? Only with the exception when you have to gather content for the business; and most of these can be outsourced.
Right!! That would be a dream business, will it not? Think about this. It is not impossible. In fact, it is very possible. You will have to create a membership site that can achieve all of the above.
Membership site is the “buzz” word nowadays. It is an exciting business model for the business world of Internet marketing.
What then is a membership site? Why has this model being such a hot pursuit?
Getresponder membership is a popular autoresponder provider. Learning to play guitar from a membership club. Subscription to Hostgator for your webhosting requirement. Subscribing to an ebook club to belong and obtain access to thousand of great book or content. Registering skype and paying for your skype credits to make exceptional low international telephone calls. Are you a member of any of these or others?
The above are either periodic or usage-based membership models. As long as you wish to obtain continued facilities from them, you will have to subscribe to their services month-after-month, year-after-year or once you have finished your credits.
These membership sites share common characteristics?
1. The members are like-minded in terms of wanting the content / services they are seeking.
2. They have to pay from time-to-time to continue receiving the content / services.
3. The providers are selling recurring content / recurring services.
As a membership site owner, the most important tasks are -
1. Build unique and irresistible quality content / services without pausing.
2. Constantly engage your members and convert them to be exceptional loyal customers. Building relationship using the best practices ensures your membership site will continue to receive unfailing and growing income as you so determine.
Yes…content is King and your customers are also King. Look after these two areas and you will be onto something magical and big for a long long time to come.
The next thing you have to do, is to make sure that you autopilot your processes as much as you can. There are management system providers who can look after your front end right to the back-up for you. Once you have an effective system in its place, your business will earn you money even when you are asleep or on vacation.
Another thing – you will need to get a list of reliable free-lancers and individuals who are you can out-source projects to so that you will in turn receive on-time and quality content. Content is your bread and butter. Therefore, make sure they are of high quality and what your members are looking for. This is no compromise.
Finally, create a Forum and place your ears on the ground to listen-in to what your members suggest, criticize, comment and feedback. You will be surprise how all these will make your membership site very relevant to your current members and most importantly as well, your prospective members.
I have been subscribing to a hosting provider who offers me valuable services. They have lots of goodies to enable wonders to be done for my websites and many other impressive tools. I pay .95 each month. They must have literally thousands and thousands of members. Assuming a very conservative size of 100,000 members, their income is 5,000.00 each and every single month and growing!! Amazing…
If you were not thinking about owning a membership site, start considering it right now, before you follow the trail of others. You will want to lead the pack. This is really the business model you want to get in. Do your research now. Start learning the ropes and how to do it. For profit, for income, for growth, membership sites are the engines for achieving all those for you.
And getting you the absolute freedom and lifestyle that you have always been looking for. The answer lies in having your own online business. Nothing beat it.
Franco Yong is an InternetPreneur and owner of How To Start Up A Membership Site. How To Start Up A Membership Site, helps and reveals those wanting to create a successful business online, the Secrets and the easy “Know-Hows” about the Internet so that they have Real Confidence of starting up their Internet Marketing business.