6 Tips to Start a Membership Site and Create Residual Income

6 Tips to Start a Membership Site and Create Residual Income

Creating your own membership site is a great way to generate a lot of extra cash as well as create residual income.

Your options are practically unlimited as to what type of membership site you want to start; however, you do need to make sure there is a demand or fairly big interest in the type of site you decide to create.

The best time to start a membership site is now.  Take some action…grab your pencil and jot down these steps.

Here’s 6 easy steps to start a membership site:

1.  Choose your Niche

You want to choose a niche that you know something about or have interest in, and you want to choose a niche that other people are interested in too.

Some popular topics include weight loss,  health, making money, saving money, finance, travel, homeschooling, cooking, organizing, time management, etc.  I recommend staying away from trendy topics that may soon lose interest when the “next big thing” comes out.

2.  Choose your Format and Membership Type

Now it’s time to work out some preliminary details.  What type of membership site should you create?  You need to consider the wants and needs of your future members.

Much of your decisions will depend on how often you can deliver fresh content.  Will your membership site offer new content weekly, bimonthly, monthly or yearly?  How often will membership fees be due?  Decide the little details so that you can make adequate action plans.

3.  Build your Membership Site

Now is the time to start building your site.  Decide on your name, purchase a domain name, choose appropriate software to run your membership site (I recommend WishList Member software), outsource the design work or use templates.  Personally, I feel that WordPress  is a super easy way to create your site and you can find many free templates online or even low cost templates that look quite professional.

Make sure to take your time to build the site correctly with an appealing layout and design.  It also might be worth investing in a copywriter for your salespage if you feel inadequate in this area.

4.  Create your Content

The next easy step is to create the content for your site.  Again, you want to make sure to take time to create really great content.  Consider outsourcing if you hate writing or need help with your content creation.

You want your content to be outstanding.  If new members are disappointed with your content, they will quickly unsubscribe and may even ask for refunds.

What you need to do is plan to over deliver.  Create at least a whole months content in advance if possible.  This way, you can start planning for the next months content while your members are currently utilizing and enjoying your first month’s content.

5.  Start Slow and Build Slowly

Another thing to consider is starting slow and building as you go.  Don’t offer way above what you will be able to deliver every month or whatever set basis you have formed.

It’s better to offer a reasonable amount of content and establish a good solid foundation.  Once you have your site established and thriving…you can surprise your members by adding even more content and value to their membership.   You can grow slowly and add some partners to build your business larger and expand.

6.   Promote your Membership Site

One thing you can depend upon is failure if you have no traffic to your new membership site. A few things you can do is start some free internet marketing promotions such as article marketing, forum marketing, social networking and directory submissions.

For a guide that will lead you step-by-step with tried and tested tactics for building your own successful membership site, I highly recommend that you subscribe to “How to Set up a Membership Site in 48 Hours or Less.”  You’ll not be disappointed in the tutorial or your results!

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