How To Start A Successful Membership Site

How To Start A Successful Membership Site

How To Start A Successful Membership SiteHow To Start A Successful Membership Site : If you’ve heard anything about membership sites it will most likely be that they are the most profitable method of generating recurring revenue.  It’s also likely that you’ve heard that it’s not easy to set up a membership site.

To be perfectly honest that was us too once upon a time and that was because we didn’t really understand how to start a successful membership site because there wasn’t much education around ten years ago when we began our online business career.

Now we’re a little older and a little wiser and thought that you might benefit from what we know about how to start a successful membership site and what you need to do to get started creating recurring revenue from one.

Starting your own membership site is perhaps THE best business model ever. Just think about the profound ultimate benefit

You Find A Customer ONCE And They Continue Spending Money With You Over And Over Again Automatically

You might also know this as a continuity program but either way they are the best way to create regular income in your business whatever niche you are in.

Top Tips For How To Start A Successful Membership Site

Time to get down to the meat and potatoes…

But first of all it’s best to understand the principles of a membership site versus a traditional course or program… it lies in the fact that you are going to be creating content on an ongoing basis and for that your  members will pay a recurring fee to access the content.

There are of course different kinds of membership site from the traditional membership site which has a “never ending continuity” until the member cancels and where you have to keep adding content to the more popular fixed term membership site (our favourite) which is for a fixed period.  Our membership training program Recurring Revenue Mastery is an example of a Fixed Term Membership program

The type of content people create for their membership site can vary from videos to downloadable worksheets, PDF’s, checklists and more

So without further ado

Tip #1 Essential Elements Of A Membership Site

The four most essential elements that you need to do in order to create a membership site are:

  • Organise your membership site content
  • Sell your paid content as a subscription
  • Restrict access to your paid content
  • Manage content on an ongoing basis

There is a lot of flexibility in how you do and many different platforms available to help you manage all of this – something we cover in our Recurring Revenue Mastery Program

Tip #2 Getting your course out to the marketplace 

One of the most effective ways to get your membership site is by offering subscription trials. Offering a trial allows you to build a good relationship with your members and with a continuity program and billing in place it’s a no brainer

When it comes to executing this strategy, you have two options: you can either create a free trial or you can create a low-cost trial (e.g. $1 trial).

If you’re presenting your trial offer to cold traffic, it’s better to offer a free trial whereas if  you’re presenting your offer to warm traffic such as your existing subscriber email list then you might think about  the low cost trial

Just test what works better for you!

Tip #3 Create Different Subscription Levels

The simplest way to do this would be to have say two levels of subscription – a basic and premium level.  There will always be people who want the premium option and it allows you to increase the revenue from your membership site just by adding premium content.

Tip #4 Upsell Memberships

A little different to Tip #3 this strategy  is designed to make your members spend more and increase your revenue.  This might be a silver, gold, platinum offer and can be made either at the time of checkout, during delivery of your content or even via email when a level of your course is completed by your member.  Offering different levels of coaching is a prime example of this.

Like Tip #3 there will always be people wanting to take this option

Tip #4 Create A Checklist Or Action Plan

Having a clear learning path for you members will keep them moving forwards with their course and achieve the set goals.  In our recurring revenue mastery course we have at the end of each lesson an assignment that the student should complete before moving forwards to the next lesson.  Check lists are a great way to do this as there’s a great feeling of achievement in ticking off each item as you proceed and student satisfaction.

Tip #5  Spice Up The Content Delivery

At the heart of your membership site is your content. If you can deliver actual value to your members while keeping them engaged with their lessons they will not just continue their subscription payments but they will actually come to you asking for premium content or wanting your coaching etc.  Therefore it’s important to include different media in your membership site – videos, downloadable PDF’s, Assignments (see tip #4), webinars etc

Tip #6 Reward Members For Taking Action

We’re firm believers in rewarding for taking action.  This can be discount coupons for additional training, special content just for your achievers or even certificates of achievement. Our advice is you should have a strategy in place to reward your members.

Tip #7 Create An Affiliate Or Reward Scheme For Your Members

We’re not talking here about an affiliate program as that’s something for a little further down the road and we;’ll cover in another article.  What we’re talking about here is your brand ambassadors – the people who love our course and could be rewarded for referrals

That concludes our thoughts on how to start a successful membership site.  We hope you can see that membership sites can be incredibly powerful and are a great way to build a recurring revenue stream for your business.

If you’ve found this article “How To Start A Successful Membership Site” useful, then please leave a comment below or if you have any questions ask away ?

If this can help someone you know, then please share it with them.

Until next time…

Work With Chris And Susan

How To Start A Successful Membership Site

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Recurring Revenue Mastery Review

Recurring Revenue Mastery Review

Recurring Revenue MasteryRecurring Revenue Mastery Review : This is the name of our newly released (as of January 2020 depending on when you are reading this) program and we’re reviewing it ourselves…well because we can and why not at least it will be factually accurate!

Why did we choose those words for for our brand new program?  Good questions and the answer lies in how each of those three words are defined :-

  • Recurring ~ meaning “occurring again periodically or repeatedly
  • Revenue ~ meaning “income
  • Mastery ~ meaning “comprehensive knowledge or skill in a particular subject or activity

So Recurring Revenue Mastery it is.

What Is Recurring Revenue Mastery?

It’s a program where we teach people (mastery) of how to create recurring revenue from owning and operating a membership site – not any kind of membership site but specifically a fixed term membership site.  Because we like to do what we teach the tuition has actually been set up as a membership site versus a traditional course.

Together with our business partner Neil we have countless years of online business experience and Neil especially with regards to helping clients to set up and run a highly profitable membership site and create recurring revenue.

Recurring revenue is one of the most powerful income streams for any business owner since it represents their “bread and butter” or as we refer to it in our The Three Legged Stool ™?, the “bill money” leg, the one that generates the money to pay the bills.

Starting your own membership site is perhaps THE best business model ever. Just think about the profound ultimate benefit :–

You Find A Customer ONCE And They Continue Spending Money With You Over And Over Again Automatically

Let’s do the maths (forever bean counters LOL) ?

500 Members X $20 Per Month = $10,000 Monthly Income

That’s $10K coming in monthly from one site… from just 500 members.

What about these figures…

100 Members x $20 Per Month = $2,000 Monthly Profit

300 Members x $10 Per Month = $3,000 Monthly Profit

1000 Members x $20 Per Month = $20,000 Monthly Profit

As you can see it doesn’t take many members, or big monthly membership fees, to make you a nice healthy income every month. And imagine what your bank account would look like if you had a couple of these sites quietly working away bringing in profits every month for you.

That’s the power of running a membership site or a subscription program where people pay you month after month after month…

The residual income that you receive month after month as the memberships are re-billed is at the heart of why so many people are scrambling to start their own membership site.

The problem we found was that there was not a blueprint or detailed enough step by step training on how to set up a membership site all in one place and there are different kinds of membership sites as well

Since we can’t be all things to all men the recurring revenue mastery program is a blueprint for setting up a fixed term membership site

Why?

Because starting and running a successful membership site the “Traditional” way is HARD and we want people to have success!

In this time poor world we live in today many people just don’t have the time or money and resources needed to start a traditional membership site.

So, if “traditional” membership sites aren’t the answer, what is?

We believe that the easiest way to create residual wealth is to start what is known as a “Fixed-Term Membership” site and the reason being you can bring in residual reccurring revenue quickly… ‘quickly’ being the important word!

They are much easier to run, more effective at keeping members and just as profitable. And because of the results they produce we have no doubt they will be the “next big thing” that people will jump onto…

And we wanted to be the people providing that training by operating a fixed term membership site ourselves as we believe it’s important to be doing what you are teaching!

In a nutshell, here’s what you’d do in running your own FTM site…

  1. Create ONE 3 – 10 page article/lesson every week (heck, if you like doing video, you could shoot one video a week!)
  2. Put this article on a download page and send one auto-responder to subscribers with the access link.
  3. Sell access to the series, which would last 3 – 6 – 9 or 12 months.

Here Are A Few Other Ideas For A Fixed Term Membership Site:

  • Investing in stocks and bonds. recurring revenue mastery
  • Property investing.
  • Writing a book.
  • Creating home videos.
  • Scrapbooking.
  • Fundraising.
  • Romance.
  • Relationship building/repairing.
  • Losing weight.
  • Running a marathon.
  • Breaking a bad habit.
  • Homemaking.
  • Improving your golf game.
  • Managing your time.
  • Starting an online business.
  • Classic car restoration (by model).
  • Using software programs (by topic).
  • Model building (various topics).
  • History and historical events brought to life.
  • Crafts.
  • How to edit video.

There are literally thousands and thousands of potential topics to choose from.

In fact, you could create a membership site around just about any topic imaginable! (we’ll actually give you plenty of ideas to choose from)

So, we’ve pretty much told you the idea here… but, obviously, there is a RIGHT way to do things and a WRONG way to do things.

While the process is very simple and you could get started right now on your own, wouldn’t you rather learn some amazing methods of turning this idea into a thriving money-maker for you?

That’s exactly why we created the recurring revenue mastery blueprint for you

What’s Covered Inside The Recurring Revenue Mastery Membership Site

This very membership site was created to teach you how to create your own “fixed-term membership” site from scratch… in less than forty-eight hours.

That means “live” and taking orders in forty-eight hours!

Every week for the next three months (12 weeks) you’ll receive access to that week’s step-by-step lesson. Included in the lesson is an assignment for you to complete (highly recommended to achieve your goal) so you’ll make progress every single week.

Over the coming 12 weeks together we’ll cover everything from…

  • Choosing a profitable market full of hungry subscribers!
  • Starting a membership site in 48 hours or less!
  • Finding new subscribers to join your site! (From day one using free methods)
  • Keeping subscribers as active, paying members!
  • Creating weekly article/ lessons in 60 minutes or less!
  • How to get others to create your articles/lessons for you!
  • Getting members to buy other products and services (increasing your profits)!
  • Tricks and techniques for sky rocketing your profits!
  • Doubling, tripling and quadrupling your subscribers and revenue!

Everything is laid out in an easy to follow, step by step formula.

Every lesson inside Recurring Revenue Mastery is designed to be “to the point” and immediately actionable and is strategically created in such a way that you’ll see results with the program.

  • Short And Easy To Take In And Use
  • Includes An Assignment To Complete To Keep You On Track
  • Builds As You Go For Your Own Experience Level
  • Focuses On Helping You To Succeed Long-Term
  • Supports You To Make Real Progress.

We could go into everything you get in the recurring revenue mastery review but quite honestly it’s easier to send you to the page that has all the details so you can see for yourself and see the bonuses that we are offering you so you see success even faster than you imagined

Go To :  RecurringRevenueMastery.com

And we look forward to helping you create your recurring revenue with your very own membership site…

Remember there are thousands of topics to choose from

And as we always say at the end of the day our success comes from seeing your success

If you’ve found this article “Recurring Revenue Mastery Review” useful, then please leave a comment below or if you have any questions ask away 🙂

If this can help someone you know, then please share it with them.

Until next time…

Work With Chris And Susan

Recurring Revenue Mastery Review

 

 

 

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