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Thursday 1 September 2011

Making money with Membership Sites- Very lucrative online business model

A membership site is the site which allows its members or users to access the site or content as long as they pay the membership fees in form of monthly subscription. Membership sites are of different types of various categories such as education, teaching sites, and MRR and resell rights products, selling soft wares, entertainment sites which provides downloads to music, ebooks, games and many more. And even matrimonial.

In recent years, membership sites are becoming more and more popular because it has been a very lucrative online business opportunity as members purchase its subscription and renew month after month. Thus the admin of the website receives good amount of revenue every month without any extra effort.
But to continue large number of user’s membership, it is essential for the admin to serve the desired interests of his site’s users.
The biggest benefit of the membership site is that the large number of subscribers list is possible. Due to this, the owner can also promote many other offers to them. In this way, he can earn some extra income.

The members who purchase the monthly subscription are provided with their login details like their user name and password. Along with this, they also get their own referral link which they can use to introduce new members. Membership sites are very generous. They earn not only for themselves but also provide some incentives or benefits to its paid users. They get opportunities to earn through such incentives. If a user introduces a new member with his referral link, there are membership sites which give him some monetary benefit or an incentive for doing so. Thus on one hand, membership sites expand their own business and on the other hand it gives chances for its users to earn. The users are then automatically turned into affiliates of that particular website.

Marketing skills will be the most helpful. Getting those internet users to your site to purchase your memberships is what will make you the money. Having some knowledge of running a website could be useful as well to keep your site running smoothly for your members.
You may want to have some knowledge of the products you’re offering. For example, if you’re offering articles to your members, you should know what makes a good article and how they work for the different purposes.

 This is not enough. There are some other techniques needed too.
You will need a high quality website to handle the demands that membership site will bring. There should provide excellent service should something go wrong with the site. There are some membership site management software programs that can help you get one set up and running for less than $100.
Content for the site is another tool you will need. You need to provide your paying members with fresh content to use regularly. It could be in the form of written articles, software programs or even online games, depending on what you plan to give your members.
How do you get started? You will need to plan your membership site beforehand. What do you plan to offer your members? Will it be content, software etc? When you have made your decision, then come up with a new and different angle to provide your consumers.
You could provide content in a specific niche, like nutrition or you could offer a certain kind of written content-whatever
it takes to get provide internet users with a fresh angle. This helps you stand out from the crowd of competitors out there.
Next, get your membership site created with a shopping cart feature to handle the payments for the memberships. The membership management software programs should come with all you need to accomplish your business. All you would then need is the content to give to your members.
The most important step will be to market your membership site to get people to find you. Membership sites can offer you a means of earning residual type income. Thus, If people are satisfied with what you give them, they will have no problems handing you their money to keep renewing their access to your site’s content.

In this way you are making money 24 by 7, even while you sleep completely on auto pilot.

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HB Prime Network Marketing : http://www.hbprime.in

Bhavesh Shah, Executive Affiliate at SFI Marketing Group.

Internet marketer, advertiser & publisher. Online business owner & internet business consultant.

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