The No.1 reason you want to create your membership website is – it gives you a recurring income.
You want your clients to pay you over and over again rather than only once.
The reason is simple enough, fair enough.
Membership websites can have different pricing models but from my experience I can tell you that more than 95% of membership websites offer its clients a recurring subscription rather than a one-time payment.
Compare membership websites with one-time sell products: In a typical one-time sell products, each time a sale is closed, your business needs to find another client in order to keep it going. But in a membership website model, once you find a client, he brings in revenue to your business multiple times. It is called a recurring income and that makes it a better business model than the one-time sell products.
Ask yourself – who kind of client you prefer for your business – a client who gives you money only one time or a client who gives you money many times. If you are like most of the entrepreneurs (or for that matter if you are like me
then perhaps your answer is the second one.
Hmmm…. so you know what you want: clients who pay you multiple times for a single sell => so go ahead and design a business model around a membership website.
What? what did you say? Do you find it difficult to convert your existing business into a recurring business model? Or do you find it difficult to come up with product ideas for a membership website? Or do you think that it will be costly to setup a membership website? Or do you think that you do not have the right software to setup a membership website!
Come’on you need not to worry.
I have designed this tutorial to overcome all these challenges for you. Trust me, it is going to be very easy for you to setup your own flourishing, profitable and highly successful membership website.
We are going to cover a very interesting aspect of membership websites in the next article in this series.
Have a wonderful day !
Your’s truly,
Prakash
http://paypalmemberscript.com
That’s a great thing you have told to earn money online. But, I have one query- if I plan to sell any product, then how can I charge on recurring basis in that case?