There is a trend online to offer membership programs where people sign-up to get access to training and networking for a recurring low fee. I personally know of several online businesses that have bought into expensive membership software only to be disappointed.
There are three reasons a membership program can be difficult:
- You don't have a huge database (50,000 on list)
- You aren't well-known, well-branded
- You don't have compelling content
Unless you've got a huge database, a highly recognizable brand, and unique compelling content, a monthly membership program will probably fail. Unless, of course, you circumvent these issues. There are ways to be smart and make a membership site work like a charm.
This was also the message communicated by Marc Manieri of JournalEngine on last week's Webinar.
Part of the problem is beacause there is so much free information available on the Web today. Also, you have to have access to large numbers of people to get enough members into a low-fee program to make it profitable. It is also time-consuming and work-intensive to keep people's attention, to keep them coming back for more.
Continue reading "3 Reasons Membership Sites Fail & 2 Solutions" »

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