If you have been debating over whether or not a membership site is the right option for you to generate income, you’ll want to read on to find out the answers to four of the most commonly asked questions.
#1 Is it really a worthwhile undertaking to create a membership site?
There’s no question that a membership site will create a lot of extra work for a blogger, so you need to be well informed to decide if this is the right choice for you. The benefit to a membership program is that it will increases the sense of community that’s going on with your blog, it builds goodwill and best of all it can be an excellent source of income. The downside is that it requires hard work to maintain your membership site.
#2 Should my membership site be paid or free?
This is a commonly debated topic. What you do need to do is decide whether you will have a paid or free site before you begin. It is very difficult to convert a free membership site to a paid membership site without losing a large portion of your members. If you are determined to start a free membership site then you need to have a plan for how you are going to monetize it later on. Otherwise, you’ll be drained of your time and energy and have no financial benefits.
#3 What should I offer?
If you plan to start a successful membership site you will need to have an outstanding offer in order to entice people to join and become members. Just creating a forum isn’t going to be enough. When people pay for a membership they will have expectations and you are going to need to meet those expectations or you will lose the member.
#4 Can you over deliver?
Absolutely! The key is not offer too much for a too low price. It is not enough to have an outstanding offer. There are all kinds of pitfalls you must try to avoid if you are going to create a program that’s successful. Just one major mistake can doom your membership site to failure. So set a fair price for a fair value and you’ll avoid facing this challenge.
That’s it – four of the most common questions asked by those who are thinking about starting their own membership site. Now you know and that means you are better informed to make a decision.
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