Recently, as the economy has worsened, many people are turning to the Internet to make money. They spend many hours searching for the "right" product, or maybe they develop some new program, or they want to set up a retail site. The ideas are endless. Unfortunately, most people never make a profit from the Internet.
You are probably aware that many people are making over $100,000 every year on the Internet. How do they do that? They have learned a secret formula for success and they repeat it over and over again. These successful internet entrepreneurs usually stay quiet about their secret method, because they are afraid that if they reveal it, it won't work for them anymore.
A little understood secret of making money on the internet is: membership sites. Everyone thinks of MySpace and Facebook, but there are hundreds of specialty membership sites that charge a monthly membership fee. That's why membership sites are such money makers; they earn recurring income. Just one customer who pays $30 a month is actually paying $360 a year. At that rate, you don't need a lot of customers to get very wealthy.
Many of the membership websites are worth millions, if not billions, of dollars. It seems people love to waste time on their computers watching pointless videos or connecting with people that they hardly know. If you have thought about a membership site, you have probably come to the conclusion that it will cost a fortune to start one. If you don't know how to do it, the marketing of the site can take years and many membership sites do not make any money, because they aren't charging a membership fee. If you're not a marketing genius with a lot of money to fund you, you're probably not going to make any money from a membership site, unless you get some help.
Naturally, getting a mentor who will work with you step-by-step is the best way to set up a membership site. But most successful entrepreneurs who have done this before are very hard to come by and they probably won't want to share their secrets with you. The internet search engines can help you with a search, but you'd spend a long time chasing down trustworthy data.
You are probably aware that many people are making over $100,000 every year on the Internet. How do they do that? They have learned a secret formula for success and they repeat it over and over again. These successful internet entrepreneurs usually stay quiet about their secret method, because they are afraid that if they reveal it, it won't work for them anymore.
A little understood secret of making money on the internet is: membership sites. Everyone thinks of MySpace and Facebook, but there are hundreds of specialty membership sites that charge a monthly membership fee. That's why membership sites are such money makers; they earn recurring income. Just one customer who pays $30 a month is actually paying $360 a year. At that rate, you don't need a lot of customers to get very wealthy.
Many of the membership websites are worth millions, if not billions, of dollars. It seems people love to waste time on their computers watching pointless videos or connecting with people that they hardly know. If you have thought about a membership site, you have probably come to the conclusion that it will cost a fortune to start one. If you don't know how to do it, the marketing of the site can take years and many membership sites do not make any money, because they aren't charging a membership fee. If you're not a marketing genius with a lot of money to fund you, you're probably not going to make any money from a membership site, unless you get some help.
Naturally, getting a mentor who will work with you step-by-step is the best way to set up a membership site. But most successful entrepreneurs who have done this before are very hard to come by and they probably won't want to share their secrets with you. The internet search engines can help you with a search, but you'd spend a long time chasing down trustworthy data.
About the Author:
It is highly recommended that you download the free report The Secrets Of The Membership Millionaires. This report helps you avoid the pitfalls that most new membership website owners confront and explains how to get started. It even describes a great online course that can help you design a profitable membership website. The report The Secrets Of The Membership Millionaires is absolutely free.
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