3 Ideas To Increase Revenue With Membership Sites


What is a membership site?
A membership site provides information or services to those visitors who register and pay to become a member. Some membership sites bill their members on regular basis, while other have a single fee. Once someone becomes a member, depending on the owner's set up, they are automatically billed each month. Those who sign up to become members have access to member's only information, benefits or discounts provided by the site owner ..

HowTo's
If you have access to articles about a certain subject there are some ways you can go about setting up a membership website and making extra money from that knowledge. You can set up a blog type of website where users can signup, for a fee, to access advanced content from your website.

You can also set up an informative website where members have a clear way of participating with you as well as the other members on the chosen subject. This reinforces the sense of belonging which increases the retention.

You don't have to be a constant presence either. Just let your members know that you will be available X amount of times monthly or weekly from say 12pm to 2 pm to provide live training... you get the idea. Another option that won't require a set time commitment of you is to create a forum where you can control your schedule to help members as you can.

If you are not an expert but are willing to learn about a specific subject, acquire a certain skill or even learn how to cook, you can become a spoke person for people who have the same interest. Call a couple of experts in your field of interest, record an interview and make it available to your members.

Member's Only Bonuses
Offer more information of your services to members at a special rate. For instance, if you have a fellow business owner who sells a product your members would find useful, ask if you can negotiate a special discount for your members only. Most business owners will agree since there's no investment for them.

Do you offer a service or know someone who does? Again offer your members a discount created specifically for them.

Affiliate Offers
Affiliate marketing is another way to generate revenue from membership websites. If you promote products as an affiliate, be sure to include those promotions in emails and posts to your members. As with the previous money-making option, you might even be able to set up a discount just for being a member or give them an added bonus of your own when they purchase through your affiliate url.

If decide to send affiliate offers to your website, make sure the information you're offering is related to your main subject and relevant to its members.

Once you have decided which direction you want to take, you need the right resources. There is a lot of information around about how to start a membership site all the way to upscale hosted platforms. Sites like iLearn Online Marketing or My Membership Empire have vast training courses, membership site blueprints and materials.