Membership Site: Membership Recurring Home Business Model | Other Business Online Course by Udemy

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Membership Site: Membership Recurring Home Business Model

Why Membership Sites Are Perfect For Passive Income?If youre interested in making money online, then its probably because youlike the idea of having more freedom to live and work wherever andhowever you want. The benefits of working online are many and varied andextend into every aspect of your life. But in order for you to make the very most from this way of working, youalso need to make sure you choose the perfect business model. Workingonline on its own does not necessarily equate to an ideal lifestyle; ratherthe benefits come when you work online in the right way. And let me tellyou: creating a membership site is definitely the right way. Working online is easy. If you are in a job thats fairly flexible, then youshould be able to ask your employer if you can work from home and simplylog into the companys network whenever you start working. And sure, this will bring some benefits: youll be able to stay in bed longer and stop commuting and youll have the luxury ofbeing able to drink tea, listen tomusic and generally create a comfortable environment. But youre still ultimately a slave to your job. Youre still trading time forhours and youll still need to be available for the hours between 9am-5pm. Youll probably also need to be near the phone and youll be expected tooutput a certain amount of work every day. That means you probably cantleave the house and work outdoors in case you lose your internetconnection. And it means you can decide to stop working for the day andvisit a friend instead. Worst of all, you can still be told off by your boss reprimanded like a child! The same goes for creating your own online business. If youre a webdesigner for example, then you have the freedom to decide when you workon projects. But you probably still have deadlines and to all extents andpurposes, your clients are your bosses. If you fail to complete This is why so many people find the idea of blogging desirable. All youhave to do is to create and manage a website that you hopefully findfascinating and really enjoy writing about. Youll get to experience a lot of the satisfaction that comes from running your own business. And you getpassive income, meaning that youll earn money while you sleep. But even this isnt perfect. Because one day, you might earn $200 and thenext day you might earn $10.It only takes a change to Googles search algorithm and you can lose all ofyour progress. Whats more, is that it takes actually a huge amount of timeto build up the amount of traffic that you need to make a big profit from ablog. This is especially true if you are planning to use pay-per-clickadvertising but its equally the case if you are selling your own product. Think about it: how often do you click ads on other websites? This is why ittypically takes 1K visitors for you to generate just one or two clicks and thesame goes for sales of products. Its a huge amount of work before youstart earning anything and theres no guarantee it will ever get to the pointwhere it can provide a livable salary. Enter: Recurring, Passive IncomeThis is where membership site come in and offer an incredibly appealing alternative. Essentially, a membership website is a site that users pay to subscribe to. This normally works by first enticing the reader with some free content and showing them the kind of entertainment/information/value that youre capable of providing. Once theyre hooked, you then make sure they know that they need to subscribe in order to gain access to your very best content and to get frequently updated. So whats so different about this? Well for starters, it means that you canmuch more easily convert visitors to paying customers seeing as theyrenot having to put down a large amount of money and seeing as they knowwhat theyre getting right away. More importantly, though, it means that the money is recurring and muchmore predictable. Unlike a regular blog that can very much fluctuate, having subscribers means you probably have some kind of agreement orstanding order set up. This means that you can practically guarantee thatyoull be able to earn a set amount of money each week, month or quarter. And that very quickly starts to add upSo say you currently have people subscribing for $5 membership a month. If yourcontent is good, then you could realistically convince one in every 1-10,000people to sign up. But its very possible the very first person who visitsmight sign up! Theres an element of luck but as soon as you get that firstmembership youre in business and $5 membership a month quickly adds up to $60 ayear. Eventually, you can work whenever you like and add as much content asyou like (well look at how later on) andstill know for sure that youll be ableto earn X amount of money per month and per year. This is very muchliving the dream all the freedom of passive incomes but with all thesecurity of a well-paid job! Can people unsubscribe? Sure they can! But the likelihood of everyoneunsubscribing all at once is incrediblyslim and in most cases youll havemore new visitors signing up than old visitors lea

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