Shoestring Budget Membership Site
Learn how to create a highly profitable shoestring budget membership site on a limited budget with minimal cash spend on features.
Paid membership sites are one of the leading business models online today. This is mainly due to the fact that paid membership sites offer more advantages compared to other types of business. What are these advantages you ask? Well, there are three basic advantages and one is the steady stream of income.
Introducing… Shoestring Budget Membership Site Sales Funnel
With a paid membership site you can have the steady income of a CEO but without the tedious responsibilities that come with it. You see, subscriptions to paid membership sites are set up for a certain amount of time usually about by month or by year.
So for instance you have a hundred people subscribe to your site for $20 a month. That would give you a steady cash flow of $2,000 for months to come, so long as your members remain satisfied and subscribe to your site. In a year you could make $24,000. That is more than the annual income of some people with normal office jobs.
What’s great about starting your own paid membership site is that you are in control. You choose what kind of site you want to start up and how much to charge for it. It can either provide mentoring or coaching, or contain articles or information about various subjects.
You can even offer some sort of specialized service like social networks. It’s all up to you! Just remember that your main goal is charge people before giving them access to your website.
So how would you get people to pay just to gain access to your website? Well, the key here is “specialized”. May it be information, product, coaching, or service it needs to be specialized. Why? Because these are hard to come by and would be too time consuming if it were to be done on your own.
When the Internet first came into being no one thought to charge for access to a website since just about every piece of information can easily be obtained for free. However, times have changed. Not everyone has the time to devote to looking through endless pages of results just to gain a certain piece of information.