Paid membership sites are one of the leading business models online today. This is mainly due to the fact that paid membership sites offers more advantages compare to other type of business. What are these advantages you ask? Well, there are three basic advantages and one is the steady stream of income.
With paid membership site you can have the steady income of a CEO but without the tedious responsibilities that comes with it. You see, subscriptions to paid membership sites are set up for a certain amount of time usually about by month or by year. So for instance you have a hundred people subscribe to your site for $20 a month. That would give you a steady cash flow of $2,000 for months to come, so long as your members remain satisfied and subscribe to your site. In a year you could make $24,000. That is more than the annual income of some people with normal office jobs.
Another advantage to having your own paid membership site is that the start-up cost is considerably low. Compare to other business, paid membership sites only requires a low capital. All you need to start up your site is a website design or template, a website host, a content management software or membership software (this includes all that you will need with the exception of the content itself) and of course the content. Most of which, you can do yourself to eliminate cost. As for the cost associated with website hosting services, they are very affordable with some as low a $5 a month.
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