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Renewals System
Recurring income is one of the best parts of running a membership website, and something that many other types of online businesses lack.
Just remember, while first time subscribers certainly breathe life into a membership website, renewals keep it alive.
Make sure to consistently remain active within your community and to do your best to provide high quality, exclusive material to your subscriber base on a regular basis.
Feature An Affiliate Program
You will also want to incorporate an affiliate program into your membership website, so that both visitors and subscribers are able to generate commissions from every referred sale they make.
When structuring your affiliate program, focus on offering a very appealing commission percentage; in order to recruit active affiliates who will help you jumpstart your marketing campaigns.
Different companies pay different percentages and amounts for leads and sales. The differences paid for a sale can range from 75% down to 1% depending on the company and the product.
What you decide to pay your affiliates will depend entirely upon what you are selling and to whom you are selling it. A good idea would be to check what other companies selling a product comparable to yours is paying their affiliates.
However, how much you pay your Affiliates really depends on how much your product/service costs, its profit margin, how much you're willing to give up and what action you want to take place.
When running an affiliate program, you will want to make sure that your current membership script or software is able to effectively track all sales and leads, as well as provide detailed information to affiliates (including overall earnings, stats, payment dates, etc).
You could also actively join affiliate programs that are focused on your niche market yourself, and incorporate your affiliate links into a “Recommended Websites” page, so that you are able to maximize earnings by promoting third party products and related websites.
For example, if you run a membership based website focusing on golf training, you could feature affiliate products that include golf gear, advanced lessons, physical books and even video tutorials.
- License: Master Resell Rights
- Category:Ebooks
- Tags:2016 Ebooks Master Resale Rights