Moya’s Featured Article: Understanding the Benefits of a Paid Membership Web Site
Read Cody Moya’s article titled “Understanding the Benefits of a Paid Membership Web Site”.
Cody Moya’s article is reprinted here.
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Understanding the Benefits of a Paid Membership Web Site
One thing that frustrates many would be web based business owners is the inability to accurately predict their income from month to month. Relying on sometimes unsteady advertising revenue and affiliate income to make a web site a success can be difficult and frustrating.
Fortunately for the web site owner, however, there is a way to create recurring income month after month, and free that income stream from the whims of advertisers and affiliates. That business model is the paid membership web site. Through a paid membership web site, the web site owner can give his or her members the opportunity to sell a variety of top quality, read to sell products. This arrangement benefits both the owner of the web site, and his or her membership base.
One of those advantages is that of cost. If your web site sells products, the burden lies on you to find the products that will sell the best, and to constantly seek out the next hot selling product. That means shelling out your hard earned cash before you have sold your first product. If you are wrong about demand, you could be stuck with a warehouse full of unsold inventory, and an empty bank account.
Selling information through a paid membership web site, on the other hand, frees you from the risk of unsold inventory, and from the cost of buying such inventory. Unlike hard goods, that can cost hundreds or even thousands of dollars to purchase, with a paid membership web site there are no products to buy, no storage fees, and no warehousing problems. You simply set up your web site, and your members benefit by having ready to sell information based products on hand.
After that web site is up and running, all the owner of the web site must do is market that web site effectively. Marketing the web site, and pointing out its many features and benefits to other Internet entrepreneurs, is the key to success in this lucrative market.
When it comes to running a successful paid membership web site, one of the major benefits is that of a steady, reliable and predictable stream of income. One of the biggest complaints among business owners, both those on and off the Internet, is that the stream of income cannot be accurately predicted. Without a predictable and reliable stream of income, it can be extremely difficult to budget for expenses, meet the payroll, pay the utility bills and do all the other things it takes to run a successful business.
That is one reason why running a paid membership web site is such a popular idea. A paid membership web site is a great way to achieve a steady and reliable stream of income at a fraction of the effort of running a web site selling hard goods. After all, you do not need to receive the products, pack the products or ship the products. All you need to do is prepare the information on the paid membership site, market it to potential paid members and grow your membership base.
As the membership base grows, so will your monthly revenue stream. The economies of scale mean that each new member will increase your expenses very little, while having a large impact on your monthly stream of revenue. Building a large base of paid members will help you supplement, or even replace, your nine to five income for less effort that you may have thought.
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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