Why Bother Setting Up A Membership Website?
Setting up a membership website is straightforward, easy to run and can provide a dependable and recurring income for your online business. A membership website means that the public are blocked from the content. It’s only available to members who pay a fee to access the membership area.
As you progress on your online business journey, one of the ways to stop any income dips and troughs is to start a recurring income plan. Setting up a membership website is a great way to earn regular monthly income. The more you know about your audience, the better you can produce and source your products and the easier it is to write and craft marketing materials that get results.
8 Benefits Of Setting Up A Membership Website
1. Develops Community and Builds Relationships
One way to earn more money online is to build a community and nurture relationships. What better way to do it than setting up a membership website with a forum that is not open to the entire internet?
2. Makes Fans Out Of Your Customers
When you spend time in a forum with members, they will become more than customers. They will become your fans. This is an excellent opportunity for building a lucrative affiliate program, where your affiliates can promote your membership website for you.
3. Gives You Deep Insight Into Your Customers
By observing the things your customers talk about in the private forum, you can create and source new products that they’re basically asking for or showing a need for. They’ll feel as if you are reading their mind.
4. Provides A Captive Audience For Testing
Before you put any products out to the world, you can test them on your members. They will give you feedback that will assist you with making needed changes before you put them out as individual products outside of the membership.
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5. Simple To Set Up and Easy to Maintain
Today, technology is a lot easier to use. Even a complete beginner can find the right technology for setting up a membership website. If you can come up with just one new product a month and four blog posts, and commit to participating one hour a day in the forums, you’re set.
6. Adds Value to All That You Do
Remember that you can sell each product you create individually too, outside of the membership. The membership will add value to every product that you create as a way for buyers to get assistance. You can charge for the membership, or you can throw it in free for high ticket product purchases.
7. Add Life to Previous Products
If you already have several products that you’ve created in the past, you already have things to add to your membership site. This breathes new life into the old products. Update them a bit and put them into the pipeline, and you’ll be ready to go.
8. Earn Recurring Income
Membership sites allow you to earn, once you get started, a relative consistent income. The lifetime of most memberships is about 6 months but if you market well, you’ll keep a consistent number so that your income is reliable.
Paid Membership Website Builder
You can quickly start setting up a membership website using a platform like WordPress and the membership site software plugin S2 Membership. This will help keep your costs down, especially in the beginning. Manage your payments using a processor that can handle recurring payments such as PayPal, ClickBank, 1ShoppingCart and Authorize.net.
Don’t forget that all the top membership websites have some sort of tech support. This can be the biggest challenge when setting up a membership website. If you don’t want to do it yourself you can use membership website software like aMember Professional. This means that if something does go wrong, you’ll have a dedicated team that you can reach out to for help.
Membership Websites That Make Money
Setting up a membership website is not the only thing you need to do to be successful. You must promote the website and get members to sign up on a regular basis, month after month. You’ll need to figure out how many members you need to achieve your financial targets. For example, let’s assume you want to make $1000 per month from your membership website ideas. If you’re charging $50.00 per month for members, this means you need only 20 paying members on a monthly basis.
Promoting Your Membership Website
You can use social media to promote your new membership website by making a free group that you use to attract people and tease information about the membership to. There also many cost-effective online advertising strategies to promote your site.
Don’t forget about your On-Page and Off-Page SEO (search engine optimization). This is an ongoing process that needs to be done for everything you do in terms of online marketing. On-page SEO covers the things you do on your website like your content, headlines and keywords. Off-page SEO covers social media, guest posting and things you do off your website.
You can also create an affiliate program where you get people to promote the membership for you. This is a great way to get free marketing and move your website up the search engine rankings.
The Step-by-Step Formula For Setting Up A Membership Website
If you like the idea of setting up a membership website, you don’t have to be a giant retailer or software company to create recurring revenue streams. Remember that it’s so much easier to sell to an existing customer than to find new customers and when those customers are on a billing plan, it simplifies everything. If you’re ready to start earning a reliable monthly income, these step-by-step, live coaching sessions show how you to build a membership website from scratch using a proven social traffic system.