A membership site offers products or services to subscribers in return for a recurring fee.
Take note that a membership site can be a goldmine of business opportunities and revenue.
It's a very lucrative business that is why this is a favorite of many seasoned internet marketers. It is one of those business models that allows you to earn both recurring and passive income. After establishing a subscription based membership site, you can charge your community according to the payment arrangement that suits you: monthly, bimonthly, semiannually, annually.
You have the leeway to create different membership levels and grant varying degrees of access to the members. These allows you to offer various choices to potential subscribers depending on the money they are willing to spend online or the kind of information, products and services they want to have access to.
A membership site is a highly effective means to build and nurture your list and create a focused market. Your subscribers make up the specific group of target audience that you customize and sell your products and services to.
It is a powerful networking tool which can further strengthen your internet presence and reputation online making you more accessible to people and more open to business opportunities and joint ventures.
Aside from being able to promote your products and services to current subscribers, you can utilize your members as beta testers, unbiased consumers who can be a pool of information to improve business. Being an administrator and owner of a membership site is a digital business card and subtle indication that you are indeed an expert on the said niche of your membership site.
Read What are Membership Sites to quell your curiosity and get your burning questions about Membership sites answered.
Or if you can't wait to create your very own Membership site, proceed to Membership Site Training to get you started!