Does generating a regular monthly income from your loyal subscribers sound lucrative to you?
Let’s Make it Even Better!
Although it might seem that the subscription business model is a new trend, it has, in fact, existed for several years.
So, rather than the product of a new trend, the success of the membership site business model is due to the ease with which services and products can now be delivered online to an audience who can consume it and pay for it from the convenience of their homes.
Adding a membership site to your business can mean: a private website, with exclusive content and the ability for members to interact with one another.
They pay you a monthly fee. You can also lock access to the content and offer to unlock it in a course on a one-time fee basis, and just host your premium content inside a members only area.
A membership site is a de facto the hub of your online training, allows your fans to connect more, and gives you a community of fans to ask for input, information, and questions.
Learn from Membership Sites you Belong To
Workbooks, course videos, and other content can be uploaded, then viewed when it’s convenient for your students. Since it’s account-based, you control who can access the material.
Also, think about the type of people who are likely to be interested in joining your community. Are they people who are young? Students? Elderly individuals who might be on a fixed income?
What about stay at home parents, who often sacrifice a second income in order to be able to stay at home with their families?
Ask members to tell you what kind of content they’re interested in seeing, then produce it. It’s that simple!
Depending on your set-up, that could mean:
- Live seminars or webinars where members can ask questions through chat or over the phone.
- Forums where you post regularly, providing help and support for your members.
- A text chat room where you hold “office hours” or similar.
- A private Facebook group where you chat with members.
- A contact form that ensures you spot members’ messages quickly in your inbox.
The type of membership site you design is up to you, but the sky is the limit when it comes to the people you can reach.
Take the plunge and see what you can accomplish!