Depending on what kinds of products you are offering you may be able to create a monthly membership site and earn recurring income as your members pay their subscription fees. Let’s explore some of the ways you can create a monthly membership as part of your Internet marketing empire.
Access to Product
Several Internet marketers have found success with monthly membership sites where they promote PLR (Private Label Rights) products. They charge a certain amount each month and they provide their members with ebooks, articles, video, audio, banners, and other products that the members then go on to market however they wish. Members are under no obligation to continue their membership and can cancel anytime they wish. Many Internet marketers limit the number of members they will accept so that the content isn’t overly saturated. While membership sites can be a lot of work to set up in the beginning, once you have it up and running, you can earn a lot of profit if you are able to get and maintain a solid membership base. You might even offer a lower introductory price for the first month so people won’t have to pay full price just to see if they like it.
Coaching
If you know how to do something well, you can teach others how to do the same thing. There are several very successful Internet marketers who earn money by teaching others how to make money online. While this is a very competitive market, if you are able to prove that you have been successful doing so, you may be able to earn even more money by starting a coaching program.
Many of the online coaching programs are quite expensive because the coach spends one on one time with the person being coached so this isn’t something that can be done very cheaply. After all, if the coach is spending most of his time teaching others, then that is time he is taking away from earning more money so it stands to reason that most coaching programs cost quite a bit. This can be quite lucrative for the Internet marketer with a proven track record so if this is something you are interested in, start laying your groundwork now.
Teach Others how to Create and Run Paid Membership Sites
Perhaps you are already earning revenue from a paid membership site. If so, you have the potential to earn even more by teaching others how to create and maintain a paid membership site. You might also offer to actually set up the site if that is one of your talents and you could charge a flat fee for setting up the site plus a weekly or monthly fee for teaching the information as to how to run the site.
You can earn a handsome income with paid membership sites. You can also earn a hefty profit by teaching others how to do what you are already successfully doing and getting paid for. Brainstorm now to see how paid membership sites can boost your profits.
Many Internet marketers start out promoting affiliate products simply because they don’t have products of their own to promote. Some like it so well that they stick with it; others give up when sales are not instantaneous. While it’s true that there are more than a few Internet marketers making a good living from selling affiliate products, reaching this distinction entails a lot of hard work and dedication. In the following paragraphs, we’ll discuss some of the benefits of earning your living promoting affiliate products as opposed to creating your own.
The Price is Already Set
You don’t have to worry about pricing affiliate products because the price is already set. In fact, all you have to do is promote the product and the company takes care of the rest. You have a wide variety of products to choose from too. You can search within your niche to find digital or physical products, or both to promote. You may already be familiar with some of the products you promote and you will likely come across products that are new to you as well.
Customer Service is Handled by Others
When you work as an affiliate marketer, you don’t have to worry about customer service at all because the company with whom you are affiliated takes care of all that. Whether the customer just has a question or wishes to return the item, the company that manufactures or distributes the product is responsible for all customer service.
No Inventory
When you are an affiliate marketer, you don’t have to worry about inventory as the products you sell are shipped from the company directly to the customer. You really have none of the headaches business owners have when you are involved in affiliate marketing. You simply promote the products and collect your commission check each month.
Promote Products That are Already Selling Well
One of the best advantages to promoting affiliate products is that you can profit from products that are already selling well. Many of the affiliate products you have a chance of promoting already enjoy huge brand recognition from well respected companies so you have to do little more than place a few well placed links to enjoy the fruits of your labor.
A relatively small investment of your time will net you the bestselling products in any niche that is selling online. Just by doing a little research you can find out what is selling well and just as important, what isn’t in any given niche. In fact, you want to be especially careful about the products you promote as an Internet marketer if you expect to reach a level of success and respect in your online business. You certainly don’t want to have a reputation as an Internet marketer that promotes worthless items or even good items from a company that doesn’t take care of its customers. That’s why it is so important to do your homework and ensure that your name and your website are only associated with the best.