How much are you making from your membership sites?

11 replies
I am building a membership site, which requires a crash course in Wordpress, web design and other stuff. I already taught myself how to read HTML (I cant program for crap though) so thats given me an edge up.
I am 4 days into building my webpage, check it out at PLRmem.com

anyways I decided to use this as my first forray into IM because my original plan wasn't going to make enough to use as a base for my empire.
So my membership site is a PLR site which will eventually have content others wont. I am trying to build a website that is more like a community rather than just a sales site, I find sales sites to be kind of impersonal and cold.
I might even put up a small forum.

So I was just wondering are you making enough money in your membership sites to use as constant income?



When I first started on Warrior forums some guy asked how much people made and that angered a group of people for some reason. So if you don't want to talk about it dont.

Roughly how much are you making? I don't need an exact number even just how many figures it is will help.

I am asking more for inspiration and to help me create a realistic expectation of how much I can expect to make to expand my empire than anything else.

A link to your site and how much you charge per month will help as well.
#making #membership #sites
  • Profile picture of the author celente
    money money money....that is all that people think about.

    I make good amounts of money with my membership sites, I am not going to reveal it....because what the hell.... I do not want to be a shmuck and be all greedy and sit in a room with my green hat counting money.

    Why?

    I got online to change peoples life, to help, and the money is just an added benefit.

    It still saddens me to see stuff like this on the warrior forum.

    Do be selfish or greedy. Make a difference!!! That is why you wanted to jump in this whole IM game in the first place wasnt it.??

    I say the reason I am pretty successful is from the following :-


    1) I genuinely care about my prospects

    2) I help my prospects and dont dare think of them as $$$$

    3) I work hard, and I feel at the end of the month I deserve the money

    4) I walk away each month and ask myself, have I serve my customers well to the best of my ability.

    5) What is my feedback like, how can I make my service better?

    6) What surprises / gifts, fun things can i do to make my membership sites more viral

    7) what are my testimonials like. Am I really helping and enriching the lives of others.?



    You are going about it all wrong. Ask not how much money you can make?.....but ask how can I help people and get paid at the same time.

    What does the universe have to offer you....MONEY FOR NOTHING HUH? Jeeeeez!

    The laws of the universe say, you must give to recieve. That is the way I look at it. Pretty simple. So ask how can you give away your secrets to enrich the lives of others.

    When you can do this, you have a winner!!!

    Folllow you heart and passions, and help people in the mean time. Do this properly and you can earn any income you want per year.

    Do it in the top of your field and the money will flow like milk and honey. But you need to change your mentality first.
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    • Profile picture of the author IM Outsider
      Best advice I have read all day. Wish most of the 'gurus' would read this. Thanks for the insight.
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  • Profile picture of the author Theory5
    thanks, but you misunderstand. I want to create a Computer Security website that embodies the D.I.Y. feeling. I hate it when people run into a small problem and they freak out and call up a technical and spend tons of money when a quick search on google will fix everything.
    But I realized that more so than not this site will not be self sustaining. Thus I need to build up a couple income streams. I also was drawn here because of the freedom of IM.
    Like I said, I want to create a PLR community, not just a sales site. I just can't think of people as cash.
    So my goal is with each site I build to make customer service a priority, and help people in whatever niche my sites will be in.

    I am simply asking because to make these sites possible I need money.

    This post is simply meant to be a little research so I can plan accordingly. If you are making $10 a month off your membership sites then I figure I will need to setup more than one membership site. But if you are making $200 a month off one site, I figure I can focus on one site for a lot longer.

    A secondary goal is to make enough money so my parents do not have to support me while I am in College. Ultimately I hope to be able to pay for my tuition.
    and after college I am defiantly going to join the peace corp, or a similar organization and I would like a nice little nest egg for when I come back because I am in the computer field and that knowledge deteriorates quickly without renewal.
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  • Profile picture of the author Andyhenry
    what we're making is irrelevant.

    I launched a membership a month ago - $10 a month and it now has 200 members - how does that help you?
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    nothing to see here.

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    • Profile picture of the author JamesRiley
      Originally Posted by Andyhenry View Post

      what we're making is irrelevant.

      I launched a membership a month ago - $10 a month and it now has 200 members - how does that help you?


      do you charge $9.95 or $9.99 or straight up $10?
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      • Profile picture of the author Andyhenry
        Originally Posted by JamesRiley View Post

        do you charge $9.95 or $9.99 or straight up $10?
        $10 - no marketing gimmicks or weird numbers.


        Originally Posted by celente

        There are extra way to make more money from this. But you got a nice little business there. Nice job buddy.
        It's actually a very small part of a much bigger plan. This is just the first stage. There are actually over 400 members but many of them are on a free trial so I didn't count them. I fully expect over 1000 members in the next few months as I've done zero marketing yet.

        I've created many membership sites over the years - some with fellow warriors and we've had much better results selling at much higher prices too.

        My point isn't to say how well this new membership is doing (I'm actually very disappointed with the numbers), it's that people like to have others tell them what they're doing - but it's not actually useful to them.

        A lot of people come here and don't have any experience in running a membership site and have just read something from someone else telling them it's a good way to make money - so they decide "hey - I want money, therefore I should make a membership site" but they have no real understanding of what works or why, so they ask others to tell them what they've done in the hopes that they'll get more confidence about their own plans.

        It's all false - membership sites are a great way to make money - but then again, so can starting up a bakery - but we're not all out running bakeries.

        That's because once you look at how to make a successful bakery - you realise there's a lot of time, effort, knowledge, skill and money involved.

        The same goes for a membership site, but because people think they can skip around needing money to do it - it's a no-brainer.

        But as with a successful bakery, it's not as simple as if you build it your customers will come - no matter how great your product is.

        Success in IM is about how you market your business much less than it's about what your business is.

        Membership sites are no different.

        It doesn't matter if you create 1000 pages of excellent, unique, SEO'd content every month to give your members for $1 a year - you could still end up doing 1000 hours of work and only getting 10 members.

        Equally (as you will have also seen), you can throw together some regurgitated crap and sell it to 100 newbie IMers as a WSO.

        Your success is much less to do with your product than your business model and marketing strategies.

        Don't let how easy it is to throw up a site fool you into thinking that means making money is easy. It can be easy, but not in the way most people think.
        Signature

        nothing to see here.

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        • Profile picture of the author profitsforall
          Originally Posted by Andyhenry View Post

          $10 - My point isn't to say how well this new membership is doing (I'm actually very disappointed with the numbers), it's that people like to have others tell them what they're doing - but it's not actually useful to them.
          Well said Andy.

          The performance of one membership site has no bearing on how any other membership site will perform.

          I can understand why some people ask though. I think it's down to the uncertainty that what they are doing will actually work. So they want evidence that others have succeeded at it.

          It doesn't change the base fact of whether they will succeed or fail - but hearing of others success might just motivate them to at least get the project completed and live, rather than ditching it before it's finished due to self doubt.

          I have to fight self doubt everyday - even when I know i've had success in the past, and that what I'm doing now should work.
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    • Profile picture of the author celente
      Originally Posted by Andyhenry View Post

      what we're making is irrelevant.

      I launched a membership a month ago - $10 a month and it now has 200 members - how does that help you?
      Nice going buddy!!

      thats great.

      When I first started out in membership sites i got it wrong. We use to try and charge 37 a month. But good to start off small.

      There are extra way to make more money from this. But you got a nice little business there. Nice job buddy.
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  • Profile picture of the author Doug Slaton
    Well this question is a slippery slope. I'm just finishing up a membership site for a client and because of his unique situation he's in a position to generate a good steady recurring income with only about a 20% dropout rate.

    I really think there's too many variables to accurately estimate potential future profit. Sorry, I know you're looking for numbers but most people's situations vary greatly from one to another.

    It does look like your website is off to a good start, it looks interesting.

    There are many ways to make money on the Internet but I think probably the most common denominator with having success with them is persistence. In this Internet arena it's really difficult to know before you go but happily the price of admission is fairly cheap.
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  • Profile picture of the author Fernando Veloso
    I can tell you I had to temporary close my membership site, now only available trough invitation.

    It's not all about the money: positioning and sales channels come to mind too.
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    People make good money selling to the rich. But the rich got rich selling to the masses.
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    • Profile picture of the author celente
      Originally Posted by Fernando Veloso View Post

      I can tell you I had to temporary close my membership site, now only available trough invitation.

      It's not all about the money: positioning and sales channels come to mind too.
      yes i find it funny how easy this whole membership site thing is.

      I would say it took me at least 3 years to master, but now i could probably turn a dead piece of realestate into a flourishing gold mine. No need to brag, but have done it a few times....

      It took lots of screw ups and testing to get there though. Even a 8k bungle which I lost on setting up membership software that i thought would be killer.

      The thing is I can only imagine what the next person is going through to test and get all the hardworkd done. It is not easy, but when you are dealilng with recurring income, and you can get your little town buzzing with people, as I term it...it can be very lucrative.

      The invitation method you talk about works well, because people think they have to qualify and sounds all secretive. People love that, they dont think it is another damn marketing trying to make more recurring income from them. There are so many things like this you can do to make your membership site more powerful....but naturally, its about creating addicts, a buzzing atmosphere and helping your individual clients.
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