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How to Build An Online Membership Site

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The Power of Online Membership Sites

Let's face it, in today's economy, it's great to have another source of residual income. That is why membership sites are a great way to set yourself up for this residual income. When you have a membership site, you have an online asset that is generating monthly residual income for you on a regular basis. The more members you have, the more you make. It is very simple and straightforward.

The Steps to Creating A Profitable Membership Website

1) Get the tools you need:
You will need to get your hosting, payment processor (merchant account) and domain name.

2) Pick a profitable Niche:
You need to pick a niche that will make you money. This niche has to have the following characteristics:
1) People are interested in this niche, the more you can specialize within that niche, the better.
2) There are already products and services that are serving this niche. This means that people are willing to spend money to solve the problems in that niche.
3) That niche is reachable, you don't have to resort to expensive forms of advertising, like TV
4) You can solve your target niche's problems through providing informational products.

3) Determine how you want to deliver your content:
Is the purpose to train your members, or to just create products for them to sell.

4) Determine your back-end:
Your back-end is where you will make most of your money. You will use your membership site to continue to present offers to your members. Care should be taken with this step because you don't want to blow away any good will you've spent time building up just because you decided to get careless.

5) Determine you fee structure:
Are you going to do a one time fee or a recurring payment plan? There are pros and cons with both.

6) Determine the price of your membership
You need to determine the price of your membership so you can charge within what the market will bear.

7) Set your site up to take affiliates
Affiliates are the fastest way to get your website up and running and profitable. Make sure your membership software has the capability to manage affiliates easily.

8) Get traffic to your membership site
That is how you will make your recurring income, you have to consistently feed your website new traffic. This can be done in a number of different ways.

9) Find ways to continuously create fresh content
This is the key to whether or not you can keep the customers you have for longer than a month.

Membership Site Resources

Want to have a membership site? These resources should make it easy for you to maximize your income potential.

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Infoproduct Creation

One of the responsibilities of having an online me more...1 point

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Membership Script

This is a newer membership script that is reasonab more...0 points

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Email and Autoresponder Service

You will want some kind of service that manages yo more...0 points

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Authority Black Book

This is THE book to have when it comes to creating more...0 points

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Shopping Cart

If you require more shopping cart support than wha more...0 points

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Merchant Account

You will want to have some way to take $$$ and the more...0 points

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Hosting

You will need a place to host your online membersh more...0 points

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Domain Names

Get yourself a domain name0 points

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Membership Software | Wordpress Membership Site Plugin | WishList Member

Wordpress membership software plugin Wishlist memb more...0 points

Read some more information about membership sites

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Membership Site Resources

Read more about membership sites and what you need to do to have a successful profitable one.
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Do you currently have a membership site or would like to start one?

Share with us your experiences with membership sites

  • TheLifestyleChanger Feb 29, 2012 @ 8:33 pm | delete
    Thank you for sharing such precious information.
  • Nov 26, 2008 @ 7:35 pm | delete
    Cool site, membership sites are the way to go.. can you tell me what you think about this other site about membership sites, http://www.squidoo.com/millionairemembershipblueprintbonus
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