Membership websites can be compared to insurance policies in one way
. We have to invest one time and it will give you revenue for many months or years. Beginners who want to set up a membership website should remember one basic rule. Updating your membership website with quality content is more important than creating it.
When do a person subscribe to a website
A viewer will subscribe to a website if they are attracted by the content in it and want more of it. Membership websites have the responsibility of providing quality content to the readers continuously.
So anyone who plans to start a membership website should have good contact with a group of writers capable of providing interesting content. Next they should be very clear about the target audience. A clear insight of what the website will feature is very important. Only then you can plan the contents of the website.
Selling the expertise
For example, consider the famous site www.timothysykes.com. It is a membership website talking about stock market. People have to pay $50 to $1500 each month to earn a subscription in this website.
Timothysykes sends constant alerts to stock traders on what stock to buy and what to sell. Since he is an expert in stock market he had designed his membership website to cover all aspects of stock market like day trading, options trading and commodity market.
Being a successful stock market investor himself, Timothy informs his paid subscribers when to buy a stock and when to sell it through continuous alerts. Thousands of viewers of benefited from his advice. In addition to earning from stocks, he earns millions from his membership website guiding people how to earn money in stock market.
Start your own membership site
This is the way to go. There are lots of people who want guidance in many things. You might not be a stock market expert, but you might know how to fix a leaking pipe. Choose the field you are interested in and sell your expertise.
Do some market research regarding what people search for most of the time in internet and create a membership website related to that. You can pay to experts in that area to fill your site with quality content.
Always remember good content is the key to retain the customers and make them subscribe to your site. Membership websites follow a series of strategies to market themselves and make more customers subscribe to them.
But the most important aspect is providing the customer with interesting and content rich topics each time they visit the site. Membership websites can be a great source of revenue if they are managed well.