Read Cody Moya’s article titled “Startup and Ongoing Costs for a Paid Membership Site”.


Cody Moya’s article is reprinted here:

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Startup and Ongoing Costs for a Paid Membership Site

The key to success in any business, whether in the brick and mortar world or on the Internet, is keeping costs under control. Costs are a key factor in any business decision, and a paid membership web site is no exception.

When it comes to setting up and running a web site, whether it is a subscription based site, a paid membership site or a free content site, there are three basic areas of cost – setup costs, maintenance costs and ongoing costs to keep the web site up and running.

The setup costs depend in large measure on what the web site owner wishes to accomplish with his or her web site, and on who you decide to hire to realize those web site requirements.

The costs to start up and maintain a paid membership or subscription based web site are quite similar to the costs of a free web site. These startup costs include the cost of basic equipment such as a high quality computer, desk and workspace. In addition, startup costs will include the cost to register your chosen domain name, the cost of incorporating your business, the costs to design the initial web site and the costs to host the site. These costs will be necessary whether the site is ultimately to be a free or a paid site.

For most web site owners, the biggest investment will be in the software needed to run the sites. For most small and medium sized web sites, this software cost is rather low, and there are a number of web site utilities that are available free of charge.

The only setup costs incurred by the paid membership or subscription based web site that are not incurred when setting up a free content web site are those of security and payment processing. The security and payment processing costs are generally very reasonable. In most cases these costs will amount to no more than $450.

Obviously, lower startup costs equal a lower risk, and they also mean that the barriers to entry are low. Low barriers to entry are one of the main attractions of a web based business, and this is certainly the case when setting up a paid membership or subscription based web site.

These low startup costs and low entry barriers, however, lead many to the erroneous conclusion that the web is an instant moneymaker and a great way to get rich quick. It is important for anyone considering setting up a paid membership web site, either on their own or through a license, to realize that creating a successful site will require hard work, and that such a site should be looked on as a long term business, not as a get rich quick scheme.

It is important for the would be internet entrepreneur to be aware that the ongoing costs for a web site can be quite significant, and it can be important to consistently provide your paid membership base with the ready to sell products they will need to be successful. It can be difficult to maintain such a business opportunity site, and to deliver consistent value to a paid membership base.

That ongoing expense for the average business opportunity site is one reason that buying a license to run a membership web site is such an attractive option. With such a license, many of the ongoing costs will be relieved, and the web site owner can concentrate on the effective marketing and operation of the paid membership web site.

ABOUT THE AUTHOR:

Cody Moya writes about Profitable Memberships in his Free Courses on Internet Marketing. You can sign up for his free Courses and get additional information at his website: http://FreeInternetMarketingCourses.com

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*IMNewswatch would like to thank Cody Moya for granting permission to reprint this article.

 

 

 

 

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