Author Topic: WANT To Generate Passive Income With Membership Sites?  (Read 147 times)

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Offline tbtoyl

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WANT To Generate Passive Income With Membership Sites?
« on: July 11, 2022, 03:54:47 AM »
  WANT To Generate Passive Income With Membership Sites?
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 There are basically two types of membership sites. There are free sites and there are paid for sites. The two types of membership sites have one thing is common. Their memberships are made up of people who share a common interest or have a common need.
 
 You can, of course, buy a domain, set up a website and not charge for memberships but choose who to admit and who not to admit. This is done when the profit is intended to come from sales to members after they join the site. Substack .com is a very good option, and it's free.
 
 There are free network sites that might be used for your purposes. Two examples of free membership sites are groups on Facebook and groups on Linkedin. It costs nothing to set these sites up and there is no charge at all for a person to join. There are no paid administrators or moderators.
 
 Each site sets its own rules for how to join and the code of conduct for the site. The site topics are many and varied. There are many “support” sites for those with health problems or concerns and for those who have suffered the loss of loved ones.
 
 There are sites for those who are passionate about crafts like quilting or woodworking. There are sites for those who love to travel. There are sites for different age groups from teens to seniors. The sites include chat software and a limited amount of space for posting pictures, documents and links per member. The free sites do not have such things as access to specialized data or lists. They don’t give access to such things as music lessons.
 
 Paid for membership sites are set up by businesses or individuals with the objective of making money by supplying hard to find information, access to specialized data or lists, or instruction in various fields.
 
 Membership sites are owned and operated by people who either own the sites or who are hired by the site owners to monitor and administer them. The topics for paid for membership sites are even more varied than the free sites and certainly more specialized.
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 Age-old question: is MLM a Viable Membership Model?
 
 If you think you want to get involved with MLM, do your research first. The challenge with MLM businesses is that people at the top are most often the winners. The biggest majority of people at the bottom end up spending money and time to get involved and end up losing whatever they put in.
 
 Multi-level marketing (MLM) is a marketing and distribution structure. People at the top sell to those below them, who in turn sell to those below them. The higher up you are in this structure, the more money you can make.
 
 Be sure to check with at least a few other people who've entered at your level (who you identify on your own, separate from people the MLM promoter refers you to), and see what they have to say. Find out what they have to say on how - and if it’s possible - to be successful.
 
 There are advantages to Multi-level marketing. First, the start up cost is usually very low and that is a big plus to the work-at-home mom (for example) who has limited funds to launch an online business.
 
 It is a way to get started in an online business with a very small personal investment and that is a very appealing thing for many people. Pre-packaged tools and products are provided and that saves a lot of money and relieves the need for warehousing.
 
 Also, sales techniques are given and for the newbie to Internet marketing this is a very attractive advantage.
 
 There are also disadvantages to Multi-level marketing. Many (if not most) people lose money in MLM activities, because they can’t sell the product as effectively as they thought they could. And then there is the problem of credibility. It can become an issue, especially if you start treating friends like they’re customers.
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