Set up membership site or not?
I currently promote a $67 product to an email list who opt in via my blog. I reduce the price to $47 as a special offer if they don't buy after a certatin number of days..
From almost 500 subscribers, I've made 38 sales, which is around 8%.
This isn't bad.
However, I constantly make around $200 - $400 a month, but my income isn't increasing.
My problem is traffic and scaling things up, which might be a little tricky in my chosen niche.
So I'm wondering whether I can increase my earnings by getting customers to pay a monthly fee for a membership site. Any thoughts?
1) Is this potentially a good business model in my situation?
2) If so, should I drip feed my content or put everything in one go?
3) What Wordpress plugin would you recommend for membership sites?
Would appreciate any input...
Thanks in advance.
Steve Browne, online business strategies, tips, guidance, and resources
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