How Fast Can I Make Money with a Membership Site?
You might be asking yourself how fast can I make money with a membership site?
The fact is, membership sites are harder than a normal ebook site and will take longer to make money with.
However, membership sites have a great monthly reoccuring revenue, so they are worth the effort as long as you are willing to put in the work up front.
There are several places that you will get slowed down if you are setting up your first membership website.
- Membership Site Technology. I went through 6 different technologies until I found the WONDERFUL WP Wishlist. If you are familiar with WordPress and you buy that plugin, you will save months of headaches setting up membership sites. Since I was already using 1ShoppingCart to integrate my membership site, it was even easier.
- Membership Site Content Creation – It is easy to get lost in too much content creation upfront. You have to have a core value and then you need to keep adding to it monthly. People spend too much time here initially before they even know if the concept is going to sell well.
- Membership Site Marketing – Even before you set up your membership site, you need to set up a blog or basic website to start marketing the domain where your membership site will eventually reside. Search engines look at the age of the domain and the content and topic of the domain as a way to rank your membership site in search engines. Start now and get your domain noticed in Search so when you really launch your membership site you are ready to get some traffic.
How fast you can make money with a membership site really depends on how fast and efficient you can master these three issues. There are some other issues like retention and your sales page, but ultimately they fall into being part of the membership website content creation and membership site marketing categories.
