About 10 years ago I had the opportunity to work for a large dot com company. I managed a $3 Million Marketing Budget. What this position really afforded me was the ability to learn about buying habits on the Internet. It was at this time I started to learn about people who were making millions of dollars a month selling information.
It got me to ask the question “How can I make millions on the Internet”. The more I learned the more I realized how much money you could make. Today, the Internet is growing exponentially. In this post we will talk about a few reasons to build a membership website.
The demand for online information is huge
The Internet is just getting started. WHAT? Yes….it is true. Only 1/3 of the world population is using the Internet. People are feeling more comfortable buying things on the Internet. I can remember how scary it was the first time I bought something. I was thinking things like “Is this some sort of a scam?”, “Is my information safe?”, “This seems unusual and awkward”. Now I am buying everything from toilet paper to cars on the Internet.
The Internet is just starting to get organize
Do you remember the first time you tried to find something on the Internet. Thank you MSN, Yahoo, Google, ASK and all the other Search Engines for making our lives easier. Today, people want to get targeted information and fast. They want a reliable source to learn new information. By creating a membership website, you can build a community of fans wanting the information you are teaching.
eLearning is HOT HOT HOT
eLearning, also known as Online Learning, is one of the fastest growing areas on the Internet. People are wanting to learn and learn it right now. Patrick McClure, a friend of mine, calls this time period the “Instant Messaging Era”. It is true, we want our information coming as fast as possible from many sources. This means there is an opportunity for you to teach people online and make a nice income from doing so.
It is easier to sell someone you have already sold
When you think about a membership website. It really is a group of people who love your information and are willing to pay you for it. It is easy to sell them over and over again.
Residual Income is the Name of the Game
I don’t know about you, but the idea of making $20 per person over and over again each month is pretty exciting. Think about it, if you could get 100 people to pay you $20 a month, you would be making $2000 a month. 500 people is $10,000 per month. It doesn’t take much to make it happen. It is a fantastic way to get paid over and over again for building information one time.
Time is a Resource that eventually runs out
This is the main reason I got into the business of creating, building and marketing membership websites. I wanted more time with my 5 year old daughter. I could either sell over and over again to new people or I could build something once and sell it online over and over again. Which takes less time? The second one.
As a single mom, I want to have the luxury of spending as much time as I want with my family. I would love to hear what you think are good and bad reasons to start a membership website. Please comment.
You are invited to an online class for FREE (a $97 value) on how to build Strategies so you can leverage Social Networking to grow your business. http://www.SocialMaximizing.com/socialnetworking