OK, let's be real... all this talk about membership sites lately here on CBB, and what really makes it "sexy" is the monthly recurring revenue. I've made it clear that a membership site can be used in many other ways, but people REALLY like that monthly recurring revenue.
So, how can you do it? What can you offer that justifies a monthly subscription?
- The one simple rule that you must follow to sell a subscription and keep them from cancelling
- The 5 things people will pay the MOST money for
- Examples of how to build these 5 things people buy into your membership
- 2 key factors of delivery to keep your members around
- How I deliver monthly content to my own members
- How to go about building a member community
- How to do what I call "outsourced thinking" and charge for it
This episode will likely get the gears going and generate some ideas for you on how you could set up a monthly recurring subscription program for your blog. I hope it does, because this kind of business model is the "holy grail" of online business.
Once you've set this up, you'll find there's no more preferable way to go. :-)