Loading...
Answers
MenuHow to generate a revenue from a membership website that provides users with access to usable information?
Excluding membership/sign up fres
Answers
There's a couple routes you could travel. The first, is ads. You mentioned the data is usable? Do you have an API for which to grab it with? If so you could charge for access to that. But it's hard to suggest options without knowing more about the business
Are you asking about the technology or the concepts? Chris asked about the technology. You need to develop great content that people are willing to pay for. Provide some of the best of your content for free to show people what you offer. Then, provide the balance of your content behind the veil of a membership.
You can also become an affiliate marketer and simply promote other people's content. Join JVZoo or CommissionJunction or others and start promoting. Let's schedule a call if you have any follow up questions. Wishing you all the best!
Wrap services around this useful information. This could be vetted by the same subject experts who are providing the information. Have tie-ups with other service providers.
I would create two tiers.
One that's free and one that is "pro" that has a monthly or annual fee for access.
Depending on what you are providing you could offer a "super pro" marketed to businesses which gives them enterprise access to the content/services and charges a premium monthly fee.
Let anyone get limited access with a free account then establish a campaign to upsell people to Pro.
You will need to gate the pro content with a membership permissions system.
We have designed a few systems like this so if you want to chat book a 30 minute session and I'd be happy to walk you though details on how to go about it. Or help you think through your strategy.
Andy gave a great answer. From my prospective you need to concentrate on the a newsletter format with three tiers; Silver, Gold, Platinum for example. Give some stuff away for free but think of these as bullet points. You don't want to give so much a way that the user has no interest in "investing" in your premium newsletter, services and products.
I say premium services and products because you should see your website as a checkout stand where people are viewing magazines with tantalizing and scandalous articles. You have to think, "What are my back-end products and services that I have to sell?"
But above all, give them enough for free to get them hooked like a baby with sweet tooth, but not enough to make them fat.
Michael Irvin
NoHogWashMarketing.com
michaelirvin.net
Related Questions
-
What do (bootstrapped) startups offer to new sales hires? Commission only? What are some good examples to keep people motivated and still survive?
Generally bootstrapped startups should avoid salespeople, for a few reasons: a. they typically can't afford the base and overall comp required to attract sales people who can actually sell / or afford to support them with marketing, management, etc b. it will be very difficult to find the rare person with the right mix of sales and startup DNA along with the critical domain knowledge, consequently the startup is likely to settle c. the founders need to be very involved in the selling and customers will demand it That said, if the plan is still to hire a salesperson, find someone who has demonstrated sales success in startups and is excited by the early stage in company building. Create a comp plan heavily leveraged on sales results (unless you are in an industry where 100% commission is a common practice, would recommend against $0 base as this creates the false impression that your hire isn't passing time with one company while looking for another job with a richer comp plan - you want your rep focussed). Sell the vision and opportunity to be part of a growth story. I have written a several blog posts on hiring sales people into start-ups. You might find these useful: http://www.peaksalesrecruiting.com/ceo-question-should-i-learn-to-sell-or-hire-a-sales-person/ http://www.peaksalesrecruiting.com/start-up-sales-and-hiring-advice-dont-stop-selling-once-you-hire-your-first-sales-rep/ http://www.peaksalesrecruiting.com/hiring-start-up-sales-reps/ http://www.peaksalesrecruiting.com/startups-and-salespeople/ Good luck!Eliot BurdettEB
-
How can I become an idea person, as a professional title?
One word: Royalties This means you generate the idea and develop it enough to look interesting to a larger company who would be willing to pay you a royalty for your idea. This happens all the time. Rock stars, authors and scientists routinely license their creative ideas to other companies who pay them a royalty. Anyone can do it. Your business, therefore, would be a think tank. You (and your team, if you have one) would consider the world's problems, see what kinds of companies are trying to solve those problems, and then develop compelling solutions that they can license from you. You have to be able to sell your idea and develop a nice presentation, a little market research and an understanding of basic trademark and patent law. The nice thing about doing this is that if you develop enough cool ideas you will have royalties coming in from a lot of different sources, this creates a stable, passive revenue stream that requires little or no work to maintain. Start in your spare time and plan on the process taking 3-5 years. Set a goal to have a few products in the market that provide enough revenue (royalties) to cover your basic living expenses. Then you can quit your day job and dedicate more time and increase the momentum. A good idea business should have dozens, if not hundreds of license contracts generating royalties. It's possible to pull this off. And it is a fun job (I'm speaking from experience).Mike MoyerMM
-
how to start earning on clarity.fm
Most of the earnings come from the people you are in contact with. The platform is not that big at the moment but it can be earned. My recommendation is to create content on your private page web, facebook, instagram ... and leave a clarity link through your work. If you need extra help call me for 15 minutes.Devrig BornetDB
-
What is a normal churn rate for b2b saas company with an average monthly revenue of $850 per customer? Is 10% of the total monthly sales high or low?
10% of the total monthly sales churning on an absolute basis is near fatal. That means that within 5 months, you have 50% absolute churn per year, which reveals fundamental flaws with the service itself. Anything above small single digit churn is telling you and your team that customers are not seeing enough value in your product. I'd start by doing as many exit interviews as you can with those that have churned out, including, offers to reengage at a lower price-point while you fix the issues that matter to them. Happy to talk through this in more detail in a call.Tom WilliamsTW
-
How can I make a million dollars?
First, I agree with Chad in that the pure pursuit of money is unlikely to render anything significant. By using a monetary value as a primary goal, you're only diluting the real drivers of success: passion, crafting great customer experiences, building an incredible team and culture etc. That said, making $1m isn't that hard. :) I love this thinking by Amy Hoy and that's how I would go about making $1m: http://unicornfree.com/30x500. Using that logic, this is what I'd do: * To earn $1m in a year, I need to earn +- $80k a month. * To earn $80k a month, I need 1600 customers paying me $50 per month. * So what can I build that could attract 1600 people to pay me $50? * Or, what could I build that could attract 400 people to pay me $200 per month? This logic works on two drivers: * Cumulative revenue and growth. So SaaS works best in this regard, as you only need to focus on having new signups that are greater than your churn. * Building something that people are willing to (really) pay for and going for quality over quantity. If you are building something that sells for $5 pm, you'll need to sell at much higher volumes (which are tricky). In terms of doing that, these are the areas of my business that I would prioritize: 1. Build an awesome team that do things they're passionate about. 2. Prioritize customer experiences above anything else. Do everything in your power (regardless of whether it can't scale) to add value and help your customers. 3. Build a brand and reputation that has long-lasting value.Adii PienaarAP
the startups.com platform
Copyright © 2025 Startups.com. All rights reserved.
