subject: The Member System - Membership Sites and How They Work! [print this page] The Member System - Membership Sites and How They Work!
A membership site is a great way to generate income. Member system websites can have varying levels of membership from free to paid subscriptions. You can easily set up a membership site when you have the right information, tools and software. Whether you have a cause you want to promote or you are knowledgeable in a niche area and want to share that knowledge, you need a good member system to get that information out there, manage it and make money from it.Using a good member system is the backbone of your membership site, so it is important that you research and find the best system available. You may even be able to try it before you buy it with a free trial option. Free trials are good ways to evaluate programs so you can find the best one for your needs.There are some pros and cons you need to know about running your own membership site. This information can help you decide if owning a membership site is for you.
ProsExposure - With the right member system you can get the exposure you need to promote whatever cause, product or service you want. Many experienced Internet Marketers use membership sites to promote their businesses.Subscriptions - Your site can offer various membership options like free, various monthly levels and/or lifetime memberships. Free subscriptions will reap you exposure and leads for your business or cause. Paid subscriptions take that a step further and provides you with an income. Free trials are a great way to reel free members into your site. Free members will have limited access, but you need to make sure to offer them something every month just for subscribing. This will increase their desire to upgrade.Multiple Revenue Stream- Not only can you make money with your paid subscriptions, you can offer your members, free and paid, other relevant products and services they can buy.
ConsFree Members - You will have those free members that never upgrade no matter what you offer them.Cancellations - Some upgraded members may decide to cancel after a time if you are not giving them the results they expect or they simply no longer want the subscription.
These are the most basic pros and cons of owning a membership site. Remember, it is to your advantage to research and find the right member system for you, however Membership sites can be extremely profitable when the right formula is put together, dating sites are just one example of this - Take "sugardaddyforme.com which has an estimated 2 million members all paying $40 a month each = $80 mil a month anyone?.
