Creating your membership site is really easy and quick given the numerous reasonably priced software programs designed specifically for the purpose. The challenge is to make it work and reap the profits. You have to know how to attract visitors; and most importantly, how to make them give you their hard-earned money in exchange for accessing your content.
Here are some useful strategies that have been proven to help you profit from membership sites. Read the rest of this entry
The main goal of your membership site is to make money; but oftentimes, people are hesitant to join as paid members. So the best recommendation is to set up a semi-free membership site, where there are different levels of membership.
Most marketers use the Bronze, Silver, Gold, and Platinum Levels, where each higher level provides members with more/better products or privileges. For example, people can join the Bronze Level for free. They could also join (or upgrade) to the higher levels such as the Gold Level, where they can get all the products from the Bronze and Silver Level, plus enjoy more benefits as a Gold member.
Most people will join the free level to get a feel for the site. Although you won’t earn money at this point, you have the opportunity to build a subscriber base and follow-up with them as many times as you like.
Ways You Could Make Money From Free Members: Read the rest of this entry
Creating and sustaining a membership site can pose to be a great challenge at times, especially when you notice that members are withdrawing their memberships one by one.
You might think how utterly unsatisfying it is when you have worked so hard to recruit them as members, and it is just too easy for them to get out through the back door faster than they have entered.
But on a more positive note, retaining members is easy if you know how.
Here are some of the effective ways to keep your members satisfied and loyal to your site. Read the rest of this entry
In yesterday’s article, we talked about how you can best use the “Freemium” model for business success. Today, we’re going to discuss some of the tactics and strategies (the “Secret Ninja Tactics”) to significantly increase the response rate on a successful Freemium based site.
The Freemium model will make you money, but using these Secret Ninja Tactics could double or triple that amount.
1. “Hide” Your Free Entry Point.
The first Secret Ninja tactic is to hide the fact that your “entry point” is free.
Why would you want to make it harder for people to get your information? Read the rest of this entry
Today we’re going to discuss the “freemium” model, and how it’s almost a requirement for a successful website. If you’re selling anything online, whether it’s ebooks, digital products or anything of that sort, then the freemium membership system we discuss below can deliver those products in the most effective and profitable way.
Business Success Means Avoiding Churn and Increasing Revenue Per Customer.
To be a business success, you’ll need to avoid customer churn (or “turnover”). If you get 100 new members, but 99 of them quit after 30 days, it’ll be hard for your business to survive. In a membership context, it’s the period of time someone will keep paying their membership fees. So while it’s vitally important to constantly acquire new customers, it’s just as important to maximize the revenue of each customer you already have. So what we’re talking about is the backend, and the marketing funnel you have in place.
Read the rest of this entry