How Can I Start an Online Business That is Able to Massively Expand, Exponentially?

How Can I Start an Online Business That is Able to Massively Expand

, Exponentially?

This question may at first seem to be incredibly rich, if not destined to disappoint and shock. However, I am pleased to say that there really is a possible way to develop an online business model that once created, can massively expand, with little extra effort from you, as the designer, or implementer of the system. Please do not confuse the above, with the idea that you can be lazy, and just see the income pour in. To be frank, it simply does not work that way.

However, you are probably now questioning my title. Let me explain.

There are numerous online business models, too many to mention here. However, I will concentrate on the membership site model. The most important point I want to convey here is that you can work smart, by producing a quality product, that once bought, sells again, and again, with little extra convincing advertising and marketing. For the sceptical amongst you, I will endeavour to explain further.

The idea of a membership site is to provide valuable content, that is hopefully relevant, and provides a solution to people's problems, or information, or satisfies a series of wants and needs. By achieving this (easier said than done, I know), you will gradually build a loyal client base. Like most things, when a client is getting what they want, at good value, they will tend to remain a client.

Expanding on this point, remember that a membership site is a site with articles, videos, information, weekly or monthly additions, and so on. The crux of this model now comes into play. Developing, and maintaining your membership site requires the same amount of work, regardless of the number of members you have. Assuming that you are charging a set fee per month for your site, once you have enough members to cover your costs, the rest is pure profit, or as I say, cream on the cake. The above point is the basis on which I say that you can create a massively profitable business online, with little extra effort. It is the absolute example of working once, and being paid over and over again.

Naturally, there are variations of this membership model, in that it may be an ongoing membership, or it may be structured into a course series over a particular number of months, and so on. Whichever way you go, you will reap benefit, from both existing clients, as well as new ones. However, a point to note, is that if your site is designed to provide a course, for say, four months, you are more likely to keep your clients for the full four months, instead of them possibly just dropping out of an indefinite membership time.

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