With Jeremy McGilvrey Discover the Top 7 Benefits of Creating a Membership Site
Yet, they procrastinate on their membership site because they’re intimidated by the technical process involved, which really isn’t that difficult if you consider the plethora of membership site software options available to you.
The setting up process has never been easier. You just need to take the first step without trying to see the whole staircase. Step by step you’ll get there… and if you’re still hesitant, let’s look at 7 benefits you can accrue by creating your very own membership site.
1. Income stability
This is probably the biggest benefit of the lot. If your membership site charges $27 a month and you have 100 members, you’re looking at a ‘confirmed’ income of $2,700 a month.
Even with a certain percentage of member attrition and some members defaulting on payment, for the most part, you still know that you have at least $2500 or so coming in the next month.
This guaranteed income makes a membership site a necessity for most online marketers. While creating and launching products is a profitable business model, it’s usually a ‘feast and famine type of income. You make money when you launch and your earnings start tapering off as the days go by.
Affiliate marketing can be hit or miss, and your income is subjected to the ebbs and flows of the prevailing trends. However, a membership site will give you a predictable recurring income that you can count on every month.
Read about - Important Tools You Will Need to Build a Successful Membership Site https://www.openpr.com/news/2489759/important-tools-you-will-need-to-build-a-successful-membership
2. Build your brand
A membership site also helps you to build brand recognition. Think of Netflix, Amazon Prime, Hulu, or even a subscription to magazines such as Time, Newsweek, or National Geographic.
You instantly recognize these brands because they’ve carved a name for themselves with a membership business model. In the same vein, you too can make your brand more recognizable by using a membership site to put your ‘name’ in front of your customers every single month with clockwork regularity.
3. Less work, more profits
As your membership site grows, you’ll have more income, and that will give you the flexibility to hire freelancers to create quality content for you. This will free up your time to focus on your marketing efforts to attract more people to your membership program. This brings us to the next point…
The membership site business model is scalable. The more members you get, the more you’ll earn. You can use a portion of your extra earnings to advertise your site and get even more subscribers.
Since you’re outsourcing the content creation now, you’ll have much more time to hone in on the marketing aspect of running a membership site.
This business is highly scalable because the content and delivery remain the same, even when the number of members you have increased.
5. Relatively hands-free
Unlike other online marketing models such as affiliate marketing or Kindle publishing, which requires you to keep several balls in the air at the same time, things are a lot easier with a membership site.
Read about - Jeremy Mcgilvrey share Daily Tasks to Complete When Running a Membership Site https://www.openpr.com/news/2485274/jeremy-mcgilvrey-share-daily-tasks-to-complete-when-running
Once your membership site is set up, as long as the following month’s content is ready for your members and uploaded for delivery, you’re set. You don’t need to worry about a hundred and one task. It’s mostly automated, leaving you with a lot more free time for other activities.
6. Lifetime value per customer
Depending on the quality of the content, the lifetime value of your customer will be much higher than with other business models. If you’re selling products, you’ll need to keep producing new content and marketing over and over to new and existing customers. Some may buy your content and many won’t.
But with a membership site, most subscribers will not be faced with a buying decision every so often. The monthly deductions will be automated and they’ll be less likely to say no because the payments are happening in the background.
The whole process is more ‘palatable’. You’d be surprised to know that there are people who’ll stay on the membership just because they’re too lazy to go through the mild ‘hassle’ of canceling their subscription.
Besides that, most of your subscribers may have a need for ongoing content. For example, there are membership sites that deliver martial arts tutorials, financial tips, etc. every month.
The constant need for fresh, reliable, and useful content will keep your subscribers hooked to your membership. So, do deliver nothing but the best.
7. High-profit margins
It’s interesting to note that the cost to run your membership site will ‘decrease’ as you get more members. What does that mean?
For example, if you have operating costs of about $50 a month for your membership site, and you have 100 subscribers, that’s 50 cents a month per subscriber.
If you recruited more members and you now had 250 subscribers, it would be 20 cents a month per subscriber.
That’s roughly how it works. Since all members will be getting the same content or be drip-fed the existing content in a sequence, your content creation costs will not increase.
You’re making more money with existing content and ‘lower costs’. Quite frankly, it doesn’t get better than this.
Besides the 7 benefits above, there are several others that sweeten the pot and make the membership site model highly desirable. Do spend some time learning the ropes and building your own membership. In a few months from now, you’ll be glad you did.
More PR by Jeremy McGilvrey - https://www.openpr.com/news/archive/235318/JM-Digital-Marketing.html
Jeremy McGilvrey Digital Marketing Agency
Address: 1 Riverway Ste. 1724, Houston, TX 77056
Jeremy McGilvrey is an Award-Winning Digital Marketing Agency and provides premium services in Landing Page Design, Sales Funnel Design, Business Websites, and Email Marketing Consultant services.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release With Jeremy McGilvrey Discover the Top 7 Benefits of Creating a Membership Site here
News-ID: 2496192 • Views: …
More Releases from Jeremy McGilvrey Digital Marketing Agency
Jeremy McGilvrey Shared 5 Common Mistakes to Avoid When Setting Up a Membership …
Jeremy McGilvrey is one of the top digital marketing consultants in Houston, Texas. Jeremy McGilvrey and his team create stunning data-driven websites that make a great first impression, generate high-quality leads, and exponentially grow your sales. Today Jeremy is sharing 5 common mistakes to avoid when setting up a membership site The philosopher, G.K. Chesterton once said, “Anything worth doing is worth doing badly.” What he probably meant
Jeremy McGilvrey - Understanding the Difference Between Autoresponders and Broad …
In our last discussion with Jeremy McGilvrey, we discussed the autoresponder services. Autoresponder services can help you become significantly more efficient with your e-mail marketing efforts. It gets confusing when we use the phrase “autoresponder services” and then talk about “autoresponder messages” and “broadcast messages”, but an autoresponder service can generally send both types of messages. So don’t worry, once you have chosen an autoresponder service, you’re ready to use
Jeremy McGilvrey - Conversational Marketing With Chatbots
Jeremy McGilvrey, Digital Marketing Expert, Houston, Texas - The idea of a chatbot can be somewhat intimidating. After all, some robots are friendly, while others are just plain creepy. However, they’re not here to take over; they are here to make things easier. In this guide, I’ll show you how to use chatbots to streamline the conversational marketing process. Learn about - What is Conversational Marketing? https://www.openpr.com/news/2460544/jeremy-mcgilvrey-what-is-conversational-marketing What is a Chatbot? A chatbot
Jeremy McGilvrey - What is Conversational Marketing?
Jeremy Mcgilvrey, Digital Marketing Agency, Houston, Texas - It’s 2021. While we’re not quite living the reality depicted in so many sci-fi books and movies, a few of the past decade’s inventions have changed our lifestyles. One notable invention is the chatbot, which has become a vital tool for conversational marketing. In this article, you’ll learn what conversational marketing is, why your company needs it, and how it can enhance
More Releases for Membership
4As Membership What becoming a member of 4A means to us at Zigma8 creative branding agency, and how it can benefit your business with us. “Zigma8 | 360º Creative Communications is the first Iranian agency to become a member of the 4A’s”, is what it says on the acceptance letter we received from New York in December 2015. It’s official: we have been selected as a new affiliate member of the long-standing
ClickOnCare Achieves Youtube’s Bronze Club Membership
YouTube awards BRONZE Club Membership to ClickOnCare’s Health and Wellness channel for crossing 10,000+ subscribers mark. Bengaluru, India, January 06, 2018 ClickOnCare's Health and Wellness Channel crossed the 10,000+ subscribers mark on YouTube and is now officially a YouTube Bronze Club member and being that the channel has access to some special bronze level advantages from YouTube like Production Access which unlocks new YouTube Space production benefits, including premium soundstage access, hosting
Membership Management Software
An Association –ez database management software brings together all the tools you need to efficiently run your organization, you can grow membership number, improve membership satisfaction and grows revenue as well as easily track membership information and produce professional reports. Association ez is affordable even for the smallest non –profit organization. Associationez not only provide an online membership management software for association but also work for non-profit organization and
IJIS Institute Membership Committee Leader Appointed
The IJIS Institute, a nonprofit organization that focuses on mission-critical information sharing for justice, public safety, and homeland security, announces the appointment of Joan DeYoung, project manager for ATS Corporation (ATSC), as chairperson of the IJIS Institute’s Outreach and Membership Committee. The purpose of the IJIS Institute’s Outreach and Membership Committee is to identify strategies for expanding the membership of the Institute and to recommend ways and means of increasing the
Jolly Granted ISDA Membership
SAN CARLOS, Calif. – Feb 10, 2010 – Today Jolly Technologies announced that it had been awarded membership to the Identification Systems Dealers Association (ISDA) ISDA is a select group of ID and security dealers and manufacturers united to investigate and discuss the latest technology and products in the identification field. This exchange of ideas and expertise guarantees the availability of the best and most current products and support from amongst
First Membership Orientation Graduate
July 13, 2008 – Dallas, Texas. “Prophecy coming to past!” said Bishop Veynell Warren, as the New Believers Missionary Baptist Church celebrates their first graduate of the New Membership Orientation Class on Sunday, July 13, 2008 – Sister Cassandra Effiong. The class is instructed by Sister Vicki Hudson, who stated, “Sister Cassandra is vision coming to past by completing the first ever new membership orientation class.” Cassandra not only graduated