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One-Time Payment Membership Sites
Firstly, let’s talk about One-Time Payment membership sites. Memberships of this kind are also sometimes known as lifetime memberships. Prospects pay a one-time only fee and then have life-long access to the said membership site and all its content.
Often times, one-time payment memberships are offered for news subscriptions, forums or clubs and societies. In terms of online businesses, these sites sometimes offer resources such as safelists and traffic exchanges.
The lifetime membership can be priced and sold in the range of hundreds of dollars and it offers high ‘burst’ profits. Due to its expensive pricing, it does not see as many sign ups as monthly or fixed term membership sites.
One of the major flaws of this payment model is that you will have to consistently produce content and service for your subscribers, rain or shine, with hardly any forthcoming profit. When you offer one-time payment memberships, you are stuck with doing extra work for free – you will need to provide customer service indefinitely to your subscribers and you won’t be able to collect any extra payment from them.
You will basically have to continue servicing these clients as long as your site is up and that can mean a lot of extra time and effort. So yes, your subscribers paid the one-time fee of $497, which is a lot to rake in
for just one sign up, but is it worth it having to constantly cater to these customers while getting nothing in return from them after their initial payment?
- File Size:142,146 KB
- License: Master Resell Rights
- Category:Ebooks
- Tags:2015 Ebooks With Audio & Video Master Resale Rights