Is Starting a Membership Site for You?
The Internet is the ultimate ‘equal opportunity employer’. Anybody can start a membership business on the Internet. All that is needed is a subject, a website and the tools to build the site. You can start a membership website business but the question is should you?
Many people that decide to start a home based membership website business are destined to fail because their motivation and expectations are completely unrealistic. Before you attempt to start a membership website business you need to do a reality check.
First, if you really think that you can build a couple of web pages, invest little or no money, time or effort and start making an income tomorrow, you are so wrong. Building a business…any business…takes time. It also takes a monetary investment, a lot of effort and energy, and, above all else, patience, passion for the theme of the website, and a drive for success.
Almost equally important is the need to have realistic economic expectations when undertaking a home based membership website business. A home membership website internet business provides many rewards such as working in the comfort of your own home, avoiding a stressful commute, being your own boss, setting your own hours, no dress code, etc., etc., but anyone that is also expecting instant riches is sadly mistaken.
Study the opportunities of a membership website business carefully. If you have the personal traits required to succeed then select the theme that seems to fit your own particular interests or talents. What is a good choice for one person may be a very poor fit for someone else. The common thread that applies to everyone is that you must passionately believe in what you are doing and anything less than total commitment isn’t enough.
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Here is some time tested good advice from a friend that was written somewhere on the web back in 2005 which is still true today and will be true forever!
How to Enter a Forum…
That sounds silly doesn’t it? Why would I have to learn how to enter a forum? I just sign up and post right?
It would seem on the surface to be that easy, but I see a lot of people have a real hard time…
Over time forums create a very tight community. Everyone learns the rules and looks out for each other…
That’s the first thing… Read the rules. Different forums approach how you display links differently or even what you can talk about…
The other thing is don’t come in gang busters!! Don’t try to prove yourself and get to excited about showing everyone your knowledge etc….
Get to know the community first. Hang out for a while. Introduce yourself politely… Usually there is a separate area set aside for intros… And then start browsing.
Get to know the other posters… Remember a lot of these people have known each other for a while. They may even be doing business behind the scenes…
Once you have a feel for it, start helping out.
Helping out… If you have any knowledge to contribute, provide it… Help people with things you know about.
Learn… Read… Learn… Read some more… Ask questions…
Then let it rip if you want to.
The bottom line is very few people can go crazy right off the bat… There is an exception here or there, but usually the community wants to see you contribute for a while before you get bold. They need to get to know you.
Definitely don’t provide a sales pitch in your first post… You will getting flaming posts and anger the community. Everyone will see it as spam.
It’s just like building any relationship. Easy at first until you get to know each other.
Forums are powerful things. Don’t abuse that power. And don’t ruin your reputation…
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If your trying to go it alone in Marketing, Buying and hosting on line, you may be overwhelmed with information overload.
I know I was.
Joining a membership weather its for PLR product, Articles, Software, Applications, or business systems can save you a bundle of both time and money.
You don’t have to join mine which is the one I recommend here but do your homework. Make sure your getting enough training and material in various
medias to warrant the price of membership.
Membershipmoneymarket is a new site that is growing every week and if you include some feedback of what you would like the membership to provide,
you just may get your wish.
To all our prosperity in 2010 and beyond,
Andre’ B.
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Ask questions first before you join an affiliate program. Do a little research about the choices of program that you intend to join into. Get some answers because they will be the deciding point of what you will be achieving later on.
Will it cost you anything to join? Most affiliate programs being offered today are absolutely free of charge. So why settle for those that charge you some dollars before joining.
When do they issue the commission checks? Every program is different. Some issue their checks once a month, every quarter, etc. Select the one that is suited to your payment time choice. Many affiliate programs are setting a minimum earned commission amount that an affiliate must meet or exceed in order for their checks to be issued.
What is the hit per sale ratio? This is the average number of hits to a banner or text link it takes to generate a sale based on all affiliate statistics. This factor is extremely important because this will tell you how much traffic you must generate before you can earn a commission from the sale.
How are referrals from an affiliate’s site tracked and for how long do they remain in the system? You need to be confident on the program enough to track those people you refer from your site. This is the only way that you can credit for a sale. The period of time that those people stay in the system is also important. This is because some visitors do not buy initially but may want to return later to make the purchase. Know if you will still get credit for the sale if it is done some months from a certain day.
What are the kinds of affiliate stats available? Your choice of affiliate program should be capable of offering detailed stats. They should be available online anytime you decide to check them out. Constantly checking your individual stats is important to know how many impressions, hits and sales are already generated from your site. Impressions are the number of times the banner or text link was viewed by a visitor of your site. A hit is the one clicking on the banner or text links.
Does the affiliate program also pay for the hits and impressions besides the commissions on sales? It is important that impressions and hits are also paid, as this will add to the earnings you get from the sales commission. This is especially important if the program you are in offers low sales to be able to hit ratio.
Who is the online retailer? Find out whom you are doing business with to know if it is really a solid company. Know the products they are selling and the average amount they are achieving. The more you know about the retailer offering you the affiliate program, the easier it will be for you to know if that program is really for you and your site.
Is the affiliate a one tier or two tier program? A single tier program pays you only for the business you yourself have generated. A two tier program pays you for the business, plus it also pays you a commission on the on the sales generated by any affiliate you sponsor in your program. Some two-tier programs are even paying small fees on each new affiliate you sponsor. More like a recruitment fee.
Lastly, what is the amount of commission paid? 5% – 20% is the commission paid by most programs. .01% – .05% is the amount paid for each hit. If you find a program that also pays for impressions, the amount paid is not much at all. As you can see from the figures, you will now understand why the average sales amount and hit to sale ratio is important.
These are just some of the questions that needed answering first before you enter into an affiliate program. You should be familiar with the many important aspects that your chosen program should have before incorporating them into your website. Try to ask your affiliate program choices these questions. These can help you select the right program for you site from among the many available.
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