Easy Ways to Create Recurring Income from Membership SiteParshant Puri
September 16, 2008
Learning how to produce recurring revenue is an internet marketer’s
biggest challenge. Most marketers will go about this by creating
multiple websites, products and domains. But that task can become
intimidating.
You can eliminate this by using an easier method: building a membership site.
A
paid membership site can be very lucrative in creating recurring income
for the owner. No longer will you have to charge a customer once for
your product or service. Now, you can charge them on a monthly (or
sometimes bi-monthly) basis.
The process of creating a
membership site can be done in just minutes with the proper use of
software and scripts. Since building a membership site has become
simple, there are now literally hundreds (if not thousands) of these
sites available on the Internet.
The first mistake that most
Internet marketers make is believing that they cannot compete with the
mass amount of membership sites. The truth is that you can go head to
head with them, and incur little or no additional costs.
Since
there are so many membership sites on the web, how do you get your site
to stick out from the rest? Two of the easiest ways is by consistently
offering high quality products or services and by always giving
exceptional customer service.
Offering first-rate products or
services is something that every internet marketer should be committed
in doing, whether or not they wish to travel down the road of becoming
a membership site owner.
When choosing products or services to
promote, pick something that creates a lot of ''buzz''. This will
ensure that you have a vast amount of potential customers to seek out.
Some great examples of ''hot'' products or services are those catering
to technology, business, health, and dating.
Always create the
highest quality products or services. If a customer feels that your
products or services are of low quality, they will cancel their
membership and might even tell others of their unfortunate experience.
When
you have decided a theme for your site and have prepared
products/services for your upcoming members, it's time to invite
potential customers to join. The best way to go about this is by
launching your site and aggressively advertising it.
Your
advertisements will determine if your site is just another one of the
unknown thousands or a topnotch membership site. Advertise your newly
built site by using such methods as creating an affiliate program,
search engine optimization, pay per click, article marketing, and ezine
advertising.
Once you have begun to market and gain customers,
your next task is to keep your members satisfied. Remember to always
give excellent customer service. Be sure to respond to emails and be
willing to help your customers out with any questions or problems that
they may have.
Strive to meet, if not exceed, their hopes. This
will not only create recurring memberships, but will also boost your
site's reputation. Your members would be more than glad to endorse your
site if they’re satisfied; good news about your site will spread like
wildfire through word of mouth.
When more members sign up,
replying to emails and questions can become a full time job. You can
simplify this by including automated emails and cancellation services,
and by outsourcing repetitive tasks.
Owning a membership
website can help any online marketer overcome the challenge of
producing recurring income. Once you have discovered a great niche to
enter, create a membership site, promote it aggressively, provide
outstanding products and services, and establish a good reputation by
providing excellent customer service.
Creating a membership site is one of the true shortcuts on the road to creating recurring income.
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