You can make money online with membership sites. These are usually monthly subscription packages which allow you to earn a recurring income month after month. While some members usually drop out after about 4 months into the course, there is a way to make even more money using the power of membership sites and Drip Feed Marketing.

Here's how it's done...

The first thing you need is enough content to last two months, and you will feed this into your membership site at the rate of one blog post per day. Some sites give you access to Month 1, for example, where you can already read any of the blog posts from Day 1 to Day 30. There are different sites, on the other hand, that provide the information on an installment basis with the help of a daily autoresponder message.

Which one to use (access to all 30 posts in a given month, or 1 post revealed via a daily email) is up to you, but the successful ones I've seen simply provide all 30 posts to Month 1 subscribers. Incidentally, writers who can commit to posting everyday have launched their membership sites even if their blog contains only a few days' worth of content. If you're going to use this approach, however, be sure to post every single day or risk losing your credibility.

During the first month, provide extremely basic content (but include one or two slightly advanced topics to appease the non-beginners who subscribe to your membership site) and price the monthly fee at an attractive price of about $9.95 per month. You can even decide to raise the price slightly to, say, $10.95 a month after you get 100 sign-ups:

For the first 100 subscribers, lock-in at $9.95/month
Subscribers 101 to 200, $10.95/month
Subscribers 201 to 300, $11.95/month
...and so on.

And when you present the above info this way:

For the first 100 subscribers, lock-in at $9.95/month SOLD OUT.
Subscribers 101 to 200, $10.95/month SOLD OUT.
Subscribers 201 to 300, $11.95/month SOLD OUT.
Subscribers 301 to 400, $12.95/month - only 47 slots left.

If you wait too long, the next batch of members will lock-in their membership at $13.95 per month. So sign up now and save!

Well... you can probably guess what effect your salesletter will have on your readers or potential members, right? They will grow excited because they will see that a lot of people are signing up for your course. And yes, this is the tactic used in Niche Blogging Success.

Now here's how to make even more money...

Allow comments in your blog and the beginners will start posting questions that can be answered by your Month 2 material. You can reveal part of the answer in your replies, and then add something such as: "...we will go into greater detail in Month 2."

TIP: Plan your content so that your material gets more "exciting" and sought after in the later months. But don't stretch it out too long.

Eventually, your commenters will say things like: "I can't wait for Month 2. I want it now! Can't I prepay the subscription price of Month 2?"

Here's where you can offer a Lifetime Membership Option for $97. You can market it along the lines of: "Say goodbye to monthly dues. This one-time payment gives you Lifetime Member status, and you will get advance access to materials are they become available."

True, some members will do the math and figure out that at $97, that means they should expect around 10 months' worth of material. Now if the topic covered by your membership course isn't exactly expandable to 10 months or 300 blog posts, such members will simply exercise patience and wait for the succeeding months to roll in. Not everyone is as patient, however, and those are the ones who will opt for the $97 Lifetime Member package.

Did you catch that? Most members drop out after 4 months, so if they're among the early birds paying you $9.95 a month, the most you can expect from them is $39.80 yet here you are with the opportunity to earn $97 from your rabid and impatient fans. Just make sure you have a solid plan of delivering around 10 months worth of content, or you'll end up with a considerable number of disgruntled customers.

If you want to boost your earnings from your Membership Site, try drip feed marketing today and see your membership revenues rise.

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"Membership Sites and Drip Feed Marketing"
First Posted: October 9, 2008 | Filed in: Make Money Online

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