Why do we go into internet marketing? If you’re like me you love the idea of making a decent income and at the same time be able to do the things you want to do. Membership sites are a great way to achieve this.
What Is a Membership Site?
A membership site is one that requires a login for you to access the content of the site. These sites are usually specialized, e.g. Internet Marketing training, forex trading, weight loss, etc.
The site may offer its members content like articles, videos, downloadable pdfs, and so on. Some membership sites are free to join, others require a once-off or a monthly fee.
Membership Site Advantages
There’s 2 things that will ensure a great passive income online:
1. Building a list
2. Regular sales
A membership site allows you to achieve both at the same time.
By nature, when someone joins a membership site, they are added to a subscriber list. And because you know that they are interested in the topic of the membership site, you can email them at will with relevant offers.
Most paid membership sites require members to pay a small monthly fee to continue to access the services the site provides. This provides a stable, growing monthly passive income. Imagine you had a forex trading membership site that required each member to pay $20 per month and you had 50 members. That’s $1,000 per month in passive income. Let’s go on to say that through your marketing efforts and affiliate program you were able to add 50 new members each month. Can you see where this is going?
Even more exciting is that this income does not include additional sales from product promotions.
Setting Up a Membership Site
Membership sites require very little capital to start up and do not require a lot of maintenance. There are many membership site scripts available for less than $100 and you can have one up and running within days.
The key to making it work is to choose a topic that your passionate about and that also has a market. Don’t be afraid of competition. Lots of competition is good; it means that the market is profitable.
Hi I came here following your pdf about 1st 10000. I liked your blog. But I like to ask how much time it needed to build it?
Hi Aminul,
I had set up a few blogs before I set up this one and it took me a few days.
Blogs don’t need to take a long time to set up but I can be quite pedantic 🙂
A blog can be set up in few days but all of its content? It must took long time if the contents are not duplicate.
Hi Aminul,
Yes, the content takes much longer. It’s a continuing work that has no end 🙂 . I try to write a blog post or page as regular as possible – each day would be ideal.
It was just the layout of the blog that took me a few days.