If you’ve followed the How to Create a Membership Site to Generate Passive Income article series, then you already know that there’s a truckload of profits waiting for you on the backend of your site. That is, you can make extra money by offering more products and even more expensive complimentary products to your members.
Now, one option is to be an affiliate for related products and services. The better option is to create these products yourself. That way, you keep 100% of your profits.
Here’s what I suggest: While you’re planning your first membership site, you should also simultaneously plan what complimentary products you’ll sell on the backend. And one way to make money on the backend is by creating a family of related sites and linking them together.
Let me give you an example from my own business. I run and use the following membership sites:
You can see why linking these sites together (cross-selling them on the backend) works. Any marketer needs to learn how to create content, so they join Contentnaire™.
Most marketers – even if they create their own products – will make additional money as affiliates, so they’ll join Affiliatenaire™ to learn how to get bigger affiliate paychecks.
Finally, most marketers will want to learn how to incorporate residual income streams into their business, which Simple Member System™ teaches them how to do.
Tip: The advantage of creating a family of sites goes beyond merely having something to sell on the backend. A family of sites also helps you develop your brand and grow your brand recognition. And that means more sales, more customers and more profits.
Now let me give you a few examples of how you can create a family of membership sites around a related niche (or even around a singular topic):
When you’re building your first membership site, ask yourself: What ELSE do my customers want?
Do your market research to find out what other products they’re currently buying. Then create a family of sites around related topics. It’s the quick and easy way to tap into the backend profits… on autopilot!
So I hope you have enjoyed this series of articles and have decided to start your own membership site. If you want a simple and fast way to get started then I recommend trying the Simple Member System to get your membership site up in the next 48 hours!
To your success,
Welcome to the fourth installment of this series “How to Create a Membership Site to Generate Passive Income.” In part three of this series we talked about how to set the membership site on auto pilot, so you can live the “Internet Lifestyle” dream. Well, today, we are going to talk to you about one of the best ways to increase your profits from a membership. Few people do this but those that do are making it big time!
When you first thought about opening a membership site, you probably spent at least a little time crunching the numbers.Right?
Example: You did calculations like this: If you have 200 members each paying you $50 a month, that’s $10,000 per month. Or if you open multiple membership sites, charge $27, and get 500 members, that’s $13,500 per month. Or maybe your goal was 1000 members across one or more sites each paying $19 per month, which puts $19,000 in your pocket.
Chances are, however, you stopped calculating when you figured out that final front-end figure. But here’s the thing: That “final” figure only tells half the story. If you’re only taking into consideration your front end profits, you’re leaving a lot of money on the table.
You see, some of the easiest money you’ll ever make is by selling more products and even more expensive products to your existing customers on the backend.
Consider this: If you put up a good sales letter for your membership site, you may convert anywhere from 2% to 5% of your visitors. So if 100 people walk through your virtual door, two to five of them will become members.
Now let’s say you have 100 members paying you $20 per month (that’s $2000 per month). These 100 members are going to be open to your other offers, meaning you’ll likely convert in the double digits. So perhaps you offer these 1000 members a $50 ebook – you may find 20% (20 members) taking advantage of the offer, which puts an extra $1000 in your pocket.
With just one offer you boosted your income by 50%, simply by selling a product to your existing customers! Now imagine if you did this with 500 customers… 1000 customers… or more. You can see the possibilities!
Now in order to tap into these backend profits, you need to offer something that complements but does not compete with your membership site. One of the best ways to do this is to recommend related products from within each lesson. That is, you tell your members where to get more information on a topic that you’re not covering in depth.
Another way to make money on the backend is by recommending that your members buy a specific tool in order to complete a task.
There’s a fortune that lays hidden in the backend of your membership site.
You can tap into this fortune by regularly making related, complimentary offers to your existing members!
Stay tuned for the final segment of this series. If there is only one article to read it will be this one because knowing this will take you from playing small ball to playing in the big leagues!
To your success,
Last week I launched my latest book “Blogging for Profits” and wrote a post on “3 ways to make money as a blogger.” So, have you started making money with your blog yet? If so, would you like to make more?
Then read on to discover 10 tips for selling more products, affiliate offers and other items on your blog…
Example #1: Here’s an example of a ho-hum title: “Dog Training Tips”
Example #2: Now here’s an example of a title that will get people reading your posts: “10 Surefire Dog Training Tips That Will Have You Firing Your Dog Trainer!”
Example: You can create a feature called “Friday’s Super Tip,” where you post your very best niche-related tip every week.
Don’t just rely on people subscribing to your RSS feed, however…
These tips are just scraping the surface when it comes to making money with your blog. If you want to make real money with your blog, then you need an in-depth guide that shows you exactly how to set up a blog, create content for it and make money with it. You can get this guide by going to: www.davemcgarry.com/cms/bloggingforprofits.
Hello everyone. Today I want to bring you a guest post by one of my mentors. If you have a website and want to learn how to get traffic to your site you need to read this article.
“How To Get An Instant Traffic Surge To Your Site”
By Jimmy D. Brown of Traffic F.U.E.L.
There’s no question that building an affiliate program is THE best way to get a lot of free traffic to your web site.
And, if you spend any amount of time at all reading through the materials here, you’ll find a lot of useful ideas for finding affiliates to grow your program.
But, here is an affiliate idea that will absolutely take your traffic and sales to the next level.
Let me give it to you in it’s abbreviated form first, and then I’ll explain everything you need to know to quickly get it implemented.
You ready for this?
“Find a motivated ‘affiliate manager’ and pay them 50% of all your profits”
Now, I know what you’re thinking – why in the world would I pay someone HALF of all of my profit?
I’m about to explain it to you. And believe me, this is worth the read, so pay careful attention to what I’m about to explain to you.
This is good.
It works like this…
1. Setup a separate website to process orders.
To begin with, you’ll need to setup a separate website to process all of the orders that your “affiliate manager” brings in (along with all sales generated by the affiliates he recruits for you)
In other words, you register a new domain that is similar to the title of your existing domain, and you host that site.nt for processing all of the orders and managing your new affiliate program that your “manager” will be overseeing.
This is a completely separate account from your existing one. All orders generated through this account will be completely brought in by your affiliate manager and affiliates / partners he recruits.
Now, obviously, your affiliate manager will want to monitor sales stats to see how much profit is being generated to this Clickbank account. You’ve got two options for how you allow your affiliate manager access…
Get full access to the control panel. Your first option is to allow your affiliate manager complete access to the control panel at Clickbank in order to monitor stats. I highly recommend that you ONLY do this if your affiliate manager is someone you know well and find completely trustworthy. Once someone has access to your Clickbank account, they can, in effect, take control of the account. Use this option with extreme caution.
Give email access and screenshots. The other option is to setup a forwarding email address that sends the sales notifications from Clickbank to both of your email accounts. This will allow your affiliate manager to get notified when any sale is generated so they can verify sales and profits. Additionally, at the end of each pay period, you could take screenshots of the Clickbank control panel or scan the check you receive from Clickbank when sending your affiliate manager’s half of the profits received.em on to your affiliate manager to use with the affiliates he has recruited for the separate program.
Hint: Encourage him to create his own unique materials, incentives, and contests for his own affiliates as well!
What an incredible traffic-generation idea!
* 50% of all profits from this separate site!
* A growing database of affiliates!
* A growing opt-in list!
All in all, this is one of THE best ways to grow your business … without lifting a finger!
Jimmy D. Brown is the publisher of Traffic Jam newsletter and the owner of Traffic F.U.E.L. membership site. Drop by today to learn how to get completely free traffic to any website. Get your free traffic newsletter at http://imstitute.com/go.php?offer=texasdmcg&pid=20
In health and wealth,