What you'll learn:
- Why Membership Sites Are Perfect For Passive Income
- The Different Types of Membership Sites and Some Successful Examples
- How to Build a Membership Site
- Membership Plans, Structures and Pricing
- The Best Contents to Offer In A Membership Site
- Increasing the Value of Your Membership Site to Retain Members Longer
- How to Promote Your Membership Site
- How to Maintain Your Membership Site
- Advanced Concepts and Strategies for Membership Sites
Two Certificates for the Price of One! Finish your Udemy course and Contact us to get your Continuing Professional Development (CPD) Certificate!
Why Membership Sites Are Perfect For Passive Income?
If you’re interested in making money online, then it’s probably because youlike the idea of having more freedom to live and work wherever andhowever you want. The benefits of working online are many and varied and extend into every aspect of your life.
But in order for you to make the very most from this way of working, youalso need to make sure you choose the perfect business model. Workingonline on its own does not necessarily equate to an ideal lifestyle; rather the benefits come when you work online in the right way. And let me tellyou: creating a membership site is definitely the right way.
Working online is easy. If you are in a job that’s fairly flexible, then youshould be able to ask your employer if you can work from home and simplylog into the company’s network whenever you start working. And sure, this will bring some benefits: you’ll be able to stay in bed longer and stop commuting and you’ll have the luxury ofbeing able to drink tea, listen tomusic and generally create a comfortable environment.
But you’re still ultimately a slave to your job. You’re still trading ‘time forhours’ and you’ll still need to be available for the hours between 9am-5pm.
You’ll probably also need to be near the phone and you’ll be expected tooutput a certain amount of work every day. That means you probably can’tleave the house and work outdoors in case you lose your internetconnection. And it means you can decide to stop working for the day andvisit a friend instead. Worst of all, you can still be ‘told off’ by your boss –reprimanded like a child!
The same goes for creating your own online business. If you’re a webdesigner for example, then you have the freedom to decide when you workon projects. But you probably still have deadlines and to all extents andpurposes, your clients are your bosses. If you fail to complete
This is why so many people find the idea of blogging desirable. All youhave to do is to create and manage a website that you hopefully findfascinating and really enjoy writing about. You’ll get to experience a lot of the satisfaction that comes from running your own business. And you getpassive income, meaning that you’ll earn money while you sleep.But even this isn’t perfect. Because one day, you might earn $200 and thenext day you might earn $10.
It only takes a change to Google’s search algorithm and you can lose all ofyour progress. What’s more, is that it takes actually a huge amount of timeto build up the amount of traffic that you need to make a big profit from ablog. This is especially true if you are planning to use pay-per-clickadvertising but it’s equally the case if you are selling your own product.
Think about it: how often do you click ads on other websites? This is why ittypically takes 1K visitors for you to generate just one or two clicks and thesame goes for sales of products. It’s a huge amount of work before youstart earning anything and there’s no guarantee it will ever get to the pointwhere it can provide a livable salary.
Enter: Recurring, Passive Income
This is where membership site come in and offer an incredibly appealing alternative. Essentially, a membership website is a site that users pay to subscribe to. This normally works by first enticing the reader with some free content and showing them the kind of entertainment/information/value that you’re capable of providing. Once they’re hooked, you then make sure they know that they need to subscribe in order to gain access to your very best content and to get frequently updated.
So what’s so different about this? Well for starters, it means that you canmuch more easily convert visitors to paying customers seeing as they’renot having to put down a large amount of money and seeing as they knowwhat they’re getting right away.
More importantly, though, it means that the money is recurring and muchmore predictable. Unlike a regular blog that can very much fluctuate,having subscribers means you probably have some kind of agreement orstanding order set up. This means that you can practically guarantee thatyou’ll be able to earn a set amount of money each week, month or quarter.
And that very quickly starts to add up…
So say you currently have people subscribing for $5 membership a month. If yourcontent is good, then you could realistically convince one in every 1-10,000people to sign up. But it’s very possible the very first person who visitsmight sign up! There’s an element of luck but as soon as you get that firstmembership you’re in business – and $5 membership a month quickly adds up to $60 ayear.
Eventually, you can work whenever you like and add as much content asyou like (we’ll look at how later on) andstill know for sure that you’ll be ableto earn X amount of money per month and per year. This is very muchliving the dream – all the freedom of passive incomes but with all thesecurity of a well-paid job!
Can people unsubscribe? Sure they can! But the likelihood of everyoneunsubscribing all at once is incrediblyslim and in most cases you’ll havemore new visitors signing up than old visitors leaving.
What You Will Learn
This course is going to explain in great detail exactly how you go about creating your own membership website.
We’ll see how to build a membership website, how to make sure that people want to subscribe, how to implement a recurringfee and how to thrive in this market space.
What we’ll also see is that there are multiple membership business models that can work online when you knowhow.
We’ll look at a selection so that you can decide on the perfect type of membership site/content for you.
Ultimately, we’re going to give you the tools to take the subjects that you love and then turn them into a stablesource of income that will pay out even while you’re sleeping.
Specifically, you will learn:
How to create a membership website or blog
How to turn your site into a membership site
How to make content that will make people want to subscribe
How to promote your membership site
How to price your membership site
How to add extra monetization to your offering
How to create a membership app
How to create membership video
The importance of building a community
How to use quizzes and other forms of media
What you can learn from the best membership sites
The strategies and tools you can learn to succeed even beyond those…
And much more!
Kindly note that this is a 100% informational guide, there are no “On-Screen how to steps”.