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.