Membership Riches | Paid Memberships

Hello my friend,

Welcome back, a couple of days ago we discussed about the use of free membership sites, well today we will be discussing the paid membership model.

Whatever you call them - member only, membership, subscription, or mentor websites, the “normal” membership sites all have one thing in common.

They are bringing in steady and constant cash flow for their owners, month after month, from a few hundred dollars to tens of thousands of dollars. The array of the topics of these websites is endless. Examples are articles, eBooks, iPod Movies, Audio Books and mixed models.

Some of these paid membership sites provide mentoring or coaching, others publish useful articles or information in a particular field, product or niche.

Still others publish the results of tests and studies or product reviews. Some membership sites provide specialized service or act as a meeting place for people with a common interest and then there are those that provide step-by-step
instructions for such things as painting, yoga, music, fitness or loosing weight.

All these sites have one thing in common: to access the website (or the best information on the site) you have to pay for it! (although sometimes you can have a trial-period to try things out). Which begs the question…why would anybody pay for information on the Internet?

The answer is simple. People buy information that they could probably find for themselves if they looked long enough and hard enough, because they want to save time or because they think the information will be better or more specialized or because the information just isn’t available to them unless they pay for it.

Just a few short years ago it was almost unheard of to charge for access to a website and almost no one was doing it. Today, however, it is the norm and not the exception. Actually we have Internet dating sites to thank for this huge money making opportunity.

The Internet dating industry began with free membership sites that were mostly populated by nerds, weirdoes and perverts. It was quickly discovered that ordinary people would gladly pay to have access to lists where the posters had been screened even just a little. Now people actually expect to pay for access to valuable information.

Now, these are only a few examples of paid membership sites with the last category being one of the largest: dating.

And as discussed in Membership Riches that is also a very important issue in successful membership sites: people “meet”.

Have a great day!

Cheers,

Bert

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