6 Reasons Why You Should Start a Membership Website Part 2

Filed Under Membership Sites

Now that we are past the introduction, let’s talk about the 6 reasons why you should own your own Membership Website.

1. CASH FLOW! Having your own site will generate recurrent, steady and predictable income. It is also a good way to start your own business from the comfort of your home. All you need is a desk, a computer and have your dream come true. Financial security for you and your family. When you have 100 people paying $20.00 a month for the membership, your steady cash flow is $2000.00 a month every month. You can double your membership to $40.00 a month and generate a cash flow of $4000.00 a month. But imagine having 500 members. The earnings are endless! Just choose the right
topic and you could start earning money on the first month.

2. Quick and Low Cost Start Up and Overhead.

You do not have the cost of having to pay for employees. Your start up budget is very low, it can be only a couple hundred of dollars if you already are knowledgeable in computers and basic skill. You can have your Website up and running as little as a week or a month depending on your topic and the effort you put into it. Or if you prefer you can buy software that will automate the entire process for less than a hundred dollars a month. Most membership websites have net profits (after expenses) of anywhere from 50-80%. Those are amazing profit levels for any kind of business.

3. International Potential

Today, the internet is a gold mine, and anyone in the world who processes a computer will search for information that interests them. If your topic is rare to find on free websites, people will come to you to get the information they want and they will be willing to pay for it. You can reach thousands and thousands of people just with ONE topic. Whether it’s midnight in France or 2.00 pm in Honk Kong, your site will be working 24/7. Do you see the potential?

4. High Profit Level.

You will return a high profit level with your Membership site. The following numbers will give you an idea of what you can generate.

· 100 people paying $10.00 a month, your monthly income will be $1,000.00.

· 200 people with a membership of $30.00, your monthly income will be $6,000.00

· Now imagine you have 1000 members at $35.00 a month, your monthly income will be $35,000!

· Your earning is endless and even small businesses are bringing in larger incomes per year just by having a membership fee.

5. Tremendous Growth Potential and Product Sale.

Choosing the right topic people are willing to pay is the key to your success. If you set up your membership site properly you’ll discover that it takes over only a little more effort to grow from hundreds to thousands of members. Having the right product will make your customers come back so it is essential to keep a database of your customers. Members who pay you for access to your website have already demonstrated that they are willing to pay for information on your topic. This means there a high probability for success selling your members more of your other products.

6. Low Time Requirement.

The vast majority of smaller membership websites are run by individuals. Most of these individuals devote from 2-10 per week to maintain their membership websites. If it takes more time these sites can often generate enough income to hire part or full time assistants to do much of the work, and still leave over a healthy profit for the owners.

Larger companies find that it takes far fewer people to run a members website than it does for other types of products and are easily scalable so if the membership grows they can easily add more employees.

A membership Site is the perfect tool to bring you a steady monthly income and to sell your knowledge in a different and very profitable form. In fact if you already have an existing customer base that has shown an interest in your topic, you should start a membership site today!

For more information on starting your own memership website, we’ve created a free email mini course on the topic. You can find it at http://memberstar.com

Written November 2, 2007, 7:01 am by Ron

This entry was posted on Friday, November 2nd, 2007 at 7:01 am and is filed under Membership Sites. You can follow any responses to this entry through the RSS 2.0 feed. Comments and pings are closed.