Reasons Why You Should Build A Membership Site

Membership sites are one of the hottest trends on the Internet today

. Entrepreneurs in a wide range of specialties are learning how to leverage their time, information and clients into an ongoing income stream that keeps adding to their bank accounts month after month. If you haven't started your own memberships site yet, here are good reasons to get started today.

1. You keep earning even after the initial promotion.

Every month, a small fee is collected from the user until he cancels his membership. Most payment processors offer the option of recurring payment scheme to merchants. Paypal has something like this, and so does clickbank. If you're offering a good service, you won't have to worry about cancellations. You can save so much time by uploading a file and every member can download it without problems. Creating a membership site is the perfect way to generate passive income.

2. Profit.

If you find the right niche and create a quality membership site, you can make a lot of money. If the price of membership is $40 and you have 100 members, that is $4000 dollars a month. Because the potential for earning is huge, you can afford to charge a small amount. A small membership forum that offers insider information on a hot topic can charge one dollar per member monthly and still earn big.

3. The Fun Factor.

Blame it on the club mentality we all had while we were growing up, but it's fun to be around other people who share the same interest. Because you know that each member is there because of a common interest, you can build forums and discuss your passion together. It's fun because the chore of maintaining the site is not a chore at all. You can use an autoresponder to mass send updates to members, which makes the work so easy.

4. Expansion Potential

You can add products to your membership site for additional income. You can split the work among the members and share the wealth by establishing an affiliate program.

Here are some examples of successful membership sites: match.com (dating site), articlemarketingautomation.com (article distribution service) and elance.com (online jobs). Even without knowing the exact figures, anyone can see that these sites are doing well monthly. A membership site may be as close as you can get to truly passive income.

by: Bos Newmann

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