WordPress Membership Plugin
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Membership sites can help you generate a residual, possibly passive income when done right. And with freely available tools, just about anyone can launch one in a short time.
Here are a few ideas that can get your creative juices flowing for creating a subscription site, or putting content behind a paywall. [Read more…]
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After building a solid subscriber base for your membership site the target will then be on you to ensure that your members are satisfied and are being served well.
Whereas initially your efforts and concentration were most likely spent on marketing and promoting your site, there is now another dimension you will need to put in the forefront of your activities when you have amassed some members.
A membership site is no good to you if you cannot keep your members actively subscribed, because after all, your income source is heavily dependent on these people.
Keeping members subscribed often means keeping them happy and providing them with quality and value for money content. One easy way to gauge how happy your members are is to keep track of your site’s attrition rate or rate of unsubscribe instances per week/month/year etc.
Most membership sites out there are of low quality and thus have a high attrition or cancellation rate. This is great news for people like you and me who pride ourselves on the quality and value of our work because it means that our membership sites have a good chance to stand out and shine amongst our inferior competition.
So what are the factors which contribute to high membership cancellation rates and what can we do to minimize them?
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Exploring and using the functionality of membership site plugins can often open a world of different opportunities which you may not have been aware of. Below I list some ways you can use your membership capabilities in the hope that they might create a spark of ideas for your membership site business.
This scenario is one of the of the most widely used ways which people implement membership sites. This type of membership site offers content on a regular basis to its members and for an indefinite period. The members would typically have access to both the currently published content and also all of the preceding content. An analogy for this sort of membership model would be something like an ongoing subscription to a newsletter or magazine.
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Everyday there are literally hundreds of thousands maybe even millions of people who will start to entertain the possibility of using the Internet to forge some kind of business.
A subset of these people will pursue the membership site route.
If you are one of these and still have more questions than answers regarding how to start your membership site, then you should read this article.
There are a number of factors you will need to take into account when it comes to setting up a membership site business from which you wish to generate a respectable source of income either on the side or as a supplemental income stream.
Below we’ve outlined the handful of the most important points you need to start researching and addressing before you even begin setting up your site. [Read more…]
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The online business realm has spawned a lot of opportunities for people who wish to create an income source which was otherwise hard to achieve or simply unavailable before the explosion of the Internet.
With the advent of the web and the technologies which have come with it, membership sites are one of the most effective ways to build a business on the internet.
Membership sites (when they are done well) are a solid way to create and maintain a regular income stream.
This is because the concept of such sites require people to subscribe to your content/service/product etc for recurring periods. As the owner of a membership site you also have the opportunity to foster a productive relationship with your members and build on that to offer more products or services and hence expand on your business.
So apart from membership sites being advantageous for the owner of the site, they are also beneficial for the clients too. Online membership sites have quickly become an alternative and quite often much cheaper way for people to get their educational, motivational and entertainment content. [Read more…]
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Most people, when setting up their membership site will invariably come to a dilemma whereby they have to choose between offering an ongoing or fixed term membership product.
Firstly for those of you who might be new to the mechanics of online membership sites here are some brief definitions:
An ongoing membership plan is one where your clients will subscribe to your plan and they will typically remain as members and be billed at regular intervals (eg, monthly OR yearly etc) for an indefinite period or until they personally unsubscribe from the plan.
For example, you might be a subscriber to a news site which continuously has members-only content being released weekly for an ongoing period. For such membership products you will usually be placed in a membership plan in which will remain a member for an indefinite period or until you unsubscribe.
A fixed term membership plan is one where your clients will subscribe for a defined fixed period and where they also may be billed at some regular intervals such as weekly/monthly/yearly etc, depending on how the plan is setup.
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From the countless number of business opportunities available to you on the Internet, membership sites can be one of the most rewarding and profitable business models out there. Apart from the obvious benefit of a reasonably stable income, membership sites can serve as a tremendous launch pad for your future products and services.
Once you’ve successfully built a membership site and managed to build a solid membership base, you will need to focus on the task of not only continuing to grow your business, but more importantly, maintaining the level you have already reached.
Below I’ve listed some of the common challenges and concerns which many membership owners will face when running their membership site and I’ve provided some brief tips on how to address these concerns.
[Read more…]
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There are many ways to make money online and although a lot of the so-called online entrepreneurs make it all sound so easy, some methods work better than others.
In my experience the most effective way to succeed online is to create a product that other people need or want and which you can sell via a website.
An online business model which has worked for me and a lot of other people is to have a membership site or mini membership site.
By using an online membership model you can generate a steady stream of income with a relatively small amount of traffic because your members are quite often recursively paying you for the privilege of accessing your content/service/product etc.
Below I’ve outlined 8 major advantages of owning your own online membership site.