If you ask ten different successful Internet business people what their secret to success is – you will receive ten very different answers. The truth about the Internet and Internet marketing specifically is that there is NO one size fits all solution.
Because it’s really crucial to create ways to leverage your time and work with many clients, or have other products and programs to offer to clients who can’t afford your higher end programs and one on one programs, one excellent business model that CAN cater to a variety of different people is the membership site business model.
If you’re considering starting a membership site already you’re unsure of whether it would be a good fit for your business, here are my top 5 reasons why I would encourage you to seriously consider it:
1.You want and need consistent income you can count on — With membership sites, once you’re established, you will be able to generate a specific amount of money each and every month. Selling a membership that produces monthly revenue is just as much work as selling a product or program but the difference is that it will produce income month after month, not just the one time.
2.You can get started NOW — Some people make having a membership site harder than it is. Sure you need to have basic expertise on how to set it up and some content to kick things off, but you really can have it all going and live within thirty days if you follow a proven step-by-step process.
3.The money is in the list — You’ve probably heard that one before but think of a membership site as yet another way to have a fabulous list and loyal following; followers that will buy from you over and over again. Your members are true followers, and they will buy from you more than just your membership.
4.It can outlive you — If you set up and brand your membership site correctly , in some cases, you can sell the membership site and retire. What can be better than that? That is sweat equity, literally!
5.It’s easy and simple — Even if you do not want to do the technical stuff, it’s easy to outsource the technicalities to people who know how to do it. You can find a technically inclined VA (virtual assistant) to help or you can do it yourself with the technology today it really is simple enough to follow instructions.
A membership site allows you to work with more clients in LESS time, continue working with clients long after they finish your programs, and offer more affordable options to clients who don’t have the financial means to afford your higher end programs and products.
Have you considered expanding your business and coaching model by launching a membership site? Which benefit sounds too juicy to overlook, and what exactly is holding you back? Leave me a comment and I’d be happy to answer any questions you might have about starting a membership site.