Marketing tip
Another Way to
Repurpose Content: Membership Sites
Though I love books, and have been in
the book publishing industry for a long time, I'm very
glad that technology now affords authors other ways to
deliver their content besides a print
book.
If you have a print book, the most profit
you'll get from it is a few dollars. Usually between $1 and
$2.
It's sad but true, that your book alone
can't get you rich. Can't even pay the mortgage,
usually.
However, if you keep in mind that YOU are
the message, and that your message can be delivered in a
number of different ways, then suddenly a whole world of
opportunity opens up.
If you like to speak, you can do seminars,
public speak at other people's events, and do teleseminars,
radio shows, and podcasts.
If you prefer to write, you can publish
articles, Special Reports, white papers, a blog, ebooks, and
now, a new form of distributing your material: membership
sites.
How
Membership Sites Can Make Your Content More
Profitable
Basically, with a membership site, you
give people access only if they pay for
it.
Membership sites can be structured in all
sorts of ways.
If you have a book that can get outdated,
your membership site can be a ways of keeping people abreast
of the latest happenings.
For instance, a friend is writing a book
on how to create profitable web sites. Since the material is
such that it will change quickly, she will ask people who
buy the book to register it at a special web site, where
people will get access to all her newest tips and tools
relevant to her topic.
If you've written a cookbook on
gluten-free eating, you can give people access to new
recipes and information on health issues related to this
topic.
If you're a coach, you can offer people
access to special teleseminars in which you interview
experts on various topics.
Almost anyone can interview experts on
their topic, and ask people to pay $10-30 per month for
access.
Do you get the idea? How can your topic be
expanded into a membership site?
Membership sites come in different types.
I've heard a lot of things about membership sites, pros and
cons. Some of the most successful people on the Internet,
however, caution against membership sites. At least, certain
types.
The Down
Side of Membership Sites
I was all set to create a membership site
myself, until I read something from someone who had created
several himself. Jimmy D. Brown has been making a living
online since 20000, and has created 4 membership
sites.
His conclusion after all this is
startling: he says membership sites are actually a
bad idea.
Here's why, according to
Jimmy:
1.
Traditional membership sites require too much work
setting
up. One of
the biggest reasons why people don't get their membership sites
going in the first place is because there is a lot of work that
goes into the initial setup. When you factor in writing a dozen
or so original pieces of content to "stockpile" in your
member's area, getting training materials in place, setting up
a forum, installing scripts, assembling a "library" of
materials and other things most membership sites include, it's
just too time-consuming for the average person to ever get in
place.
2.
Traditional membership sites have built-in
pressures to
create content. It is so easy to burn out by
running your own membership site. You think going in that
you'll never run out of ideas to write about. As one of
the most creative and prolific writers you'll ever run
across, let me tell you that I myself face this problem.
Almost everyone does. And, even if you are supernatural
and can continue coming up with new ideas for years and
years, the demands of updating your site 3-5 times per
week with new content requires discipline that most of us
just don't possess.
3.
Traditional membership sites require
pricey and
complicated scripts. By running a membership site, you
have to manage passwords, protect your member's area,
keep up with who's active and who's stopped paying you,
manage your content and at least two dozen other things.
This requires a membership site "script". Have you looked
at your options? Most inexpensive ones are either
inadequate or incompatible. And others are way too
expensive (thousands of dollars) or have so many "bells
and whistles" that you need to join a membership site
just to learn how to use them!
4.
Traditional membership sites demand a
large investment of
time. You have a forum to moderate,
cancellations to process, content to add, technical
problems to troubleshoot, password problems to fix, and a
variety of other tasks that usually get left out of the
"sales letter" for a product or service trying to
convince you to start a membership site. The truth is, a
traditional membership site requires a large investment
of time. Now, if this is the ONLY part of your business
you'll have, you might pull it off. But, believe me, it
will leave the average person with virtually no time to
do list-building, traffic generation and develop other
products.
5.
Traditional membership sites include a
continual
battle to
keep subscribers. Here's a figure most people don't
tell you about: the "average" subscriber will stay active
for 3-4 months and then they'll cancel. What, you thought
they'd join and stay with you forever? It simply doesn't
happen that way. With more and more membership sites
being launched, this figure is probably going to get
worse. People simply don't have the time nor money to
remain active members in many different programs. Factor
in indifference, a lack of effort, poor results and a
never-ending amount of other enticing offers and you'll
be lucky to get them to stay 3-4
months.
Perhaps Jimmy is exaggerating the perils
of a membership site because he has an alternative he's
selling.
On the other hand, his alternative is very
interesting, and it's at least plausible that he created it
to combat the very problems he's
encountered.
The
Answer: Fixed Term Membership Sites
Jimmy's alternative is what he calls a
Fixed Term Membership site and I must say, it has a lot of
appeal.
Here's his definition:
"A 'fixed-term membership site' (FTM)
consists of weekly content shared via autoresponder to paid
members for a specified period of
time."
In my experience, the most successful kind
of programs
are those that provide a specific result for a specific
period of time.
People like to know exactly what they are
getting for their money.
That's why I think Jimmy's program makes a
lot of sense.
Read
more about what a Fixed Term Membership site
is, and how
it "fixes" each of the above problems of membership
sites, here.
Jimmy's method is very quick--he shows you
how to start it within 498 hours. (Yes, it is
possible.)
I mention this because Jimmy has just
opened his Membernaire
program again,
for a short period. (it sold out very quickly last time he
opened it up--six months ago.)
I've taken other courses by Jimmy and find
him to be a very good teacher. He has a way of simplifying
things so that anyone can do what he says. He breaks it
down, step by step, and gives you specific, easy things to
do each step of the way.
Two of the brainstorming techniques I
suggested in my Writing Secrets
Revealed teleclass,
I learned from Jimmy D. Brown. The guy is very savvy and
very creative.
So consider how your content—written in
book form yet or not—might be right for a membership
site. Read Jimmy D.
Brown's take on it, and see it if makes sense to
you. If it does, sign up for his Membernaire program. He's
got a money-back guarantee, so you almost can't go
wrong.
(And yes, I myself have two FTMs in the
works, one for writing a book, and one for marketing. Stay
tuned!)
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