Tip #25: 5 Powerful Tactics to Increasing Your Membership Site’s Earning

Whether you are not yet making money from your membership site, or whether you’re already generating a decent amount of revenues, you can always do even small changes that will increase your earnings even more.

5 Tactics to Increasing Your Earnings

These 5 simple yet powerful tactics we have implemented increased our earnings significantly:

1. Create Several Packages Options

Create several packages instead of just one. From our own experience, packages help increase the revenues and generate more sales.

If you are using Wishlist Member, Wishlist Bundles is the perfect plugin that will help you create any package variation you want for your members.

2. Create a Free Membership

Many of the membership sites I’ve seen usually include a blog and a paid membership. Blog is great for SEO purposes of course, but think of all the visitors coming to your site and reading your content, but don’t subscribe to your email list (assuming you have one).

That is why a free membership is important. People will still get the content for free, but they would need to subscribe in order to get it.

Plus, being part of a closed membership has a great psychological effect of being part of something not everyone have access to… It just works and both sides benefit from it.

3. Listen to Your Audience

Listening to customers and visitors, understand what they need, what is missing and provide it to them in the form of paid products.

Your customers and potential customers can be anywhere online seeking for answers: in forums (open and closed)/ in popular blogs etc.

Be where your potential audience is and discover what they need and provide it to them.

4. Be the First to Know Important Announcements in Your Niche

In continuation to paragraph number 3, use Google Alerts to track your audience online.

It take only seconds to setup a new alert and it’s worth it.

These alerts will help you be the first to know important information relevant to your needs.

Think of important phrases in your niche and setup as many alerts as you need… It’s free!

5. Set Boundaries

If you are an authority in your niche then you might be getting many questions and people what to consult with you.

Helping your followers is great, but it sometimes takes a lot of time, and you don’t always have the time to help everyone, even if you really want to… You still have a business to manage.

Give people the option to pay for consulting, that way both of you can benefit: they will get thorough information and you will get paid for your knowledge.

That doesn’t mean you cannot answer questions without receiving money, it just means that people will have the option to pay in order to get more in-depth answers that requires time to explain.

In Conclusion

These are 5 simple to implement tactics that are working for us for a very long time.

There are so much more things you can do to generate more money and increase your revenues, they key thing is to be creative and test, test, test… 

You May Find These Posts Interesting:

Tip #19: 7 Powerful Tactics That Increased Our Revenues in 500%

Tip #24: 5 Tips to Increasing Sales Using Downloadable PDF files inside a Closed Membership Site

Tip #23: 5 Powerful Models to Pricing Your Membership Site

Tip #20: 11 Tools & Services We are Using to Manage Our Membership Sites Successfully

10 Simple Ways to Increase Your Membership Site’s Profits

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