Being the best means taking cues from the best. When it comes to membership sites, the best include such big shots as Monster.com, classmates.com, YouTube, MySpace and more.
Here are 5 secrets of the big boys and how you can use them to launch your membership site.
1. Successful membership sites have a specific niche with a demand for their products and information.
Think about classmates.com. What a fantastic niche! Imagine fitting the need of millions of people that want to connect to their old classmates, or are simply curious to see what everybody is up to.
What is your niche? Even if it isn’t a niche that will reach millions, the tighter your niche, the more money there is to be made.
2. Successful membership sites know the value of maximizing their revenue by offering multiple revenue streams including:
• Affiliate Programs
• Advertising
• Information products
Monster.com is a website that makes fantastic use of their market’s needs by offering relocation services, job counseling, resume and cover letter services, education tools, and even money management tools.
They also make money with advertisers and partner/affiliate programs. Follow the same money making strategies and you’ll be sitting pretty.
