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If you have a service based business or are thinking about starting one, you should definitely consider creating a paid membership site for your business.  Adding a membership site to your business model can add an extra wow factor to your brand.

Seriously, the benefits to having a membership site are awesome and they can change your business, your life, and your customer’s lives for the better. 🙂

So let’s get down to it shall we?  Here’s 10 awesome ways a paid membership can uplift your business:

  1.  INFINITE INCOME POSSIBILITIES- With a membership site, you can literally have hundreds to thousands and + members in your site.  This is one of the top reasons why a membership site is so wonderful.  For one-on-one coaching services, for example, you have a cap on how many clients you can take on and you only have so many working hours and days that you are available.  Meaning you have a limit to the amount of funds you can bring in.  No fun right?

Just imagine the possibilities here.  Here’s what you could be looking at with a membership site that charges a $39 per month membership fee.

 

2.  RECURRING MORE STABLE INCOME-You’ll have peace of mind knowing how much money you can expect to come in every month.  You will know for sure if you have enough to meet any overhead expenses, money to donate to charity, and to pay yourself.

3.  SORT OF PASSIVE INCOME-Forget the whole trading time for money thing!  Our society is mostly set on working 9-5 and it seems like the norm for most people.  And it sucks to think that if you don’t show up, then you don’t get paid.

Not the case with paid membership sites.  You create most of the information for your membership site (like training courses) just once, then add them to your membership site to be used indefinitely.  The material you create just once becomes part of the goodies in your membership site keeps making you money.  I say sort of passive income because you will need to create new material for your members from time to time and also be involved within the membership site on your own terms.  Like to pop up in your live coaching calls, etc. every now and then.

4.  HELPS YOU GAIN AN “EXPERT” BADGE-With your membership site, you’ll be putting a lot of focus within the niche of whatever your membership site is.  You will in turn spike your knowledge in the area, develop greater expertise, and experience as time goes on.  What is so awesome is that your members will get to know you and will come to see you as an expert.  You will be there go-to source when they need help.  Even if you don’t see yourself as an expert, you are going to become one in your customer’s eyes…

5.  GET TO KNOW YOUR CUSTOMERS ON A MORE INTIMATE LEVEL-You will get a deeper insight into what your customer’s needs are, what their pain points are-what keeps them up at night.  So in turn, you’ll be able to help them more.  Your customers will see you as a close friend.  They’ll want to tell their friends and family about your site and be a raving fan, possibly helping you to get more customers down the road.

6.  LESS WORK FOR YOU-Once you have a membership site, you are not always having to go out and find new customers.  You can choose to have the doors to your site only open a few times a year so that this will allow you to focus more on the customers you do have and serving them well.  Getting new customers is the hardest thing to do.  Keeping them is a lot easier once you learn to serve them well.

7.  WORK ON YOUR TERMS-With a paid membership site, you get to decide when you want to work on it.   You don’t have to meet others schedules.  If you want to have Fridays, Saturdays, and Sundays off then do it.  If you want to work only at night, then so be it.  You get sooo much freedom.

8.  LESS PRESSURE ON YOU-You don’t have to be the one creating all of the content within your site.  You can have others help you with your content creation or helping with support in your membership site group.

9.  JOINT-VENTURE OPPORTUNITIES-You can find other experts to help you create content for your site….without having to pay them (side note here- you’ll want the experts to be in a indirectly related niche).  They’ll love to gain exposure from your site.

10.  TRANSFORM IN THE MASSES-This one I love about membership websites.  With 1 on 1 coaching or small local classes, you only have so many people whose lives you can positively change.  With a membership site, just like the money you can make, the potential in infinite.  You can help however many people sign up to your membership site.  You can change hundreds to thousands, even millions of lives all with your very own membership website.

So now I wanna know your thoughts.  Do you want to create a membership website?  Tell me in the comments section below.   Any questions-let me know that too.

Need inspiration??  I created a downloadable worksheet for you to brainstorm on what type of amazing membership website you can create.

Hope you found this article helpful!  Good luck on your site.