Importance of Offering Membership on the Backend?
I was on a Mastermind call the other night with John Thornhill and I was asking him a few questions about sales funnels & product launches. I enjoyed the call and got a lot of good info that I can use but there was something he mentioned that got me thinking...because it's something I haven't tried before i.e. Backend Membership site
I know how important recurring income is but never really gave it much thought. I always assumed only the big players in a niche should contemplate putting something like that together but now..well now I'm thinking a little bit differently.
The fear I always had about Membership sites was that I wouldn't be able to provide enough content to keep the members happy month-after-month without there being an exodus from the site.
But I was advised to have a simple membership set-up on the backend and price it low, below $10 per month, this is to try make it a "no-brainer" for your customers to join.
At this level the price wouldn't be a hindrance on most people joining and once you deliver the goods retention should be high.
I was wondering do many of you have experience with membership sites and if so, how do you find them to run? Do they take a lot of work to maintain and do you have a big member turnover?
What John was emphasizing to me was having a membership site on the backend would make your products a lot more attractive to affiliates because affiliates just LOVE Recurring Commissions.
If you were only generating a borderline acceptable EPC the fact that you have recurring billing could make a big difference to the number of affiliates you can attract...
I dunno - maybe I'm just late to the party but I found all this quite exciting. I never thought I could have my own membership site but now I starting to think differently about it and am getting a few idea's....
Anyway, some food for thought...
Cheers - Noel.
Killing Off the Day Job...