Using Viral Marketing Products To Create A Membership Site
February 12th 2009
Our Internet School > Website Marketing > Membership Sites
Passive income strategy 3 – Owning your own membership site.
The next passive income generation strategy that you should consider is setting up and owning your own membership site.
Once someone has been convinced to join, you can expect them to pay a monthly or weekly subscription until there comes a time when the member decides to cancel their subscription for some reason.
The #1 key to running a successful membership site is to over-deliver quality content to your membership and to offer them benefits that they cannot find anywhere else, at a highly competitive price. If you can do this, and you have a suitable traffic generation program in place that is driving new visitors to your membership site sales page on a regular basis (which you do), your member subscriptions will provide you with an ever-increasing level of passive income.
Because you only have to source or create the content materials that you are going to supply as the primary benefit of membership of your site ‘club’ once, owning a membership site represents an extremely hands-off passive income generating model.
Nor is it even necessary for your membership site to be complicated or complex. As you read in a previous post, a professional quality autoresponder system is a superb business automation tool, one that allows you to create and run a membership site from a two-page website with nothing more than an autoresponder and a method of accepting member subscriptions.
However, as you can do this through PayPal, and almost everyone has a PayPal account, even this should not represent a big problem.
The first thing to do if you want to start a membership site is decide how much money you are going to charge your members as a subscription. Unless you are in a position to provide something of genuinely unrivalled quality, you should be targeting charging your members a monthly fee of between $10 and $20.
In return for this, your members must receive products and services that taken together are valued at many times more than you are charging. This does not however necessarily mean that you have to spend the whole month creating products or services yourself.
There are plenty of sites where you can obtain products that you can offer to members of a paid-for membership site such as yours. Let us assume that you have $200 or $300 worth of products that you are going to supply to members every month in return for a membership fee of $19.95.
The first thing that you need to create is a sales page for your membership site, and on that sales page, you will include a ‘Subscription’ button. As suggested, you can create such a subscription button through your standard PayPal account. Because PayPal allows you to offer your members a free trial, I would recommend that you give a free 7 day trial so that you can ‘drip-feed’ the first ‘batch’ of products to them over that period.
Assuming that they are suitably impressed, they will not cancel their subscription and PayPal will automatically start taking their subscription after the seven days has expired. In order to send their products and services to them, after they have given PayPal their account details, the subscription button should automatically redirect them to a mailing list signup page (the second page of your site). You set this up at PayPal when creating the button.
From here, they subscribe to your autoresponder system and it is the autoresponder that sends their products automatically every month once their payment has been received.
This is a very basic membership setup, but it really is all you need to get started. But if you want to set up a membership site like Our Internet School then you need a script based membership site.
One of the best (definitely the best for value) is Mike Filsaimes Butterfly Marketing (BFM) which is a powerful Plug-N-Play viral website making software which is the backbone of any and every membership website you will ever need.
What if you could have a money making site made for you in minutes and not months? What if you could have dozens of money making sites made for you by yourself anytime you wanted… all faster than it takes to register a domain name? Thats what you can achieve, you don’t need to be techie, there are step by step videos that show how to create your site and a load of Tech support in the forum.
But the most important point of BFM is that the viral marketing capability is built in, so all members become affiliates and can track their earnings inside the membership area. The easiest way for you to understand this is to sign up as a free member at Our Internet School and discover all the different areas within the membership site.
With this viral marketing business tool you now have the opportunity to create a huge passive internet income. You drive traffic to your site and so do your members. So if you are charging just $19.95 per month and get only 50 new subscribers each month ($997.50 per month increase) you can gross $11,970 PER MONTH from just that one site in just One year.
To get all the facts about BFM you can visit the website by clicking here. Anyone who gets version 1.9 now, will automatically be upgraded to version 2 in March at no extra cost. When you land on the site click where it says ‘To see the old sales page click here’
This is a real working of viral marketing and a passive internet income, which will leave you more time to start off another membership viral website.
Mail this post