4 Ways To Bank With A Free Membership Site

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Now just like there are a ton of ways to get traffic to your free
membership site, the same goes for making money with it. So many, I
couldn’t possibly list them. However, hopefully here I will give you
some ideas.

Even though you don’t charge for memberships to your website, there
are still many ways to make a profit from it. You must first, however,
attract members by having a theme and promoting your site and then
providing good, relevant and timely information, and having a blog
and/or a message board or a forum. And you must harvest email addresses
as members sign up.

Okay, now that you have your free membership website up and running
and you have promoted it sufficiently so that you have a very long and
impressive list, you are ready to start reaping the benefits and
profiting from your hard work. Your list should include the names and
email addresses of those people who are vitally interested in a specific
topic and the products and services that are associated with that
topic. Remember that you want to promote ONLY products and services that
are related to the topic of your free membership website.

If you have set up a blog or a forum on your free membership website,
it will be a very simple matter to locate products, services and
information that your members will be most likely to buy…they will have
told you what they are interested in. They have not only told you what
products and services they would be most apt to buy but they have also
told you what kind of information they want. Let’s face it…there really
are only three basic things that can be sold on the Internet or out in
the real brick and mortar world…products, services and information.


That impressively long opt-in list that you have built with your free
membership website is an asset that can’t be valued…it is invaluable.
That long list will open doors that have been shut up until now.

Sell Your Own Product

This can be a physical product or an e-book, report, how-to
instructions or e- zines that your members would be interested in. If
you build bird houses, for example, you can sell them on your free
membership site with a theme of “birds”. If you can give guitar lessons,
you sell the lessons on your site with a theme of “guitars”.

Sell Other People’s Products

These can be “real” world products or e-books, reports, how-to
instructions or e-zines. The advertisements for these products are on
your website and when members click on the ads, you are paid for a lead
or a percentage of the sale of the item. An example of this would be if
you have a free membership site with a theme of ‘birds’ you could have
advertisements of birdhouses built by others or bird feeders built by
others. When your members click on the ads and purchase the products you
make money.

You can also sell advertising space on your website for products
related to your theme. You won’t make a profit off the sale but you will
get paid for advertising the product.


Some companies will pay you to endorse their products in your e-zine.
This is not just an advertisement. It is a personal endorsement by you
that recommends the product.

Seminars And Webinars

Remember that your list is made up of people who are deeply
interested in a specific subject. There are experts that are associated
with just about every topic under the sun and those who are interested
in that topic know exactly who there experts are. They will gladly pay
to hear what a knowledgeable and well-known expert has to say about a
subject that is near and dear to their hearts. It isn’t hard to organize
a teleseminar or a webinar. Both events can be organized and executed
without a lot of expense. There is, of course, time and effort involved
in organizing them.

Teleseminars are less expensive and easier to do than a webinar. The
only thing you really need for a teleseminar is an interesting subject, a
well-known speaker and a bridge line. You may want to include a
recording and then you might want to have that recording transcribed so
that you can sell it as another product.

A webinar requires a bridge line as well as some kind of
demonstration such as power point and a way for participants to access
the demonstration so they are a bit more expensive to do but you can
usually charge a little more for participation in them.


Joint Ventures

The most attractive joint venture partners for all Internet marketers
are those who have long lists of people who are the best prospects for
buying products, services or information. Joint ventures can be used to
sell any one of those three things. By engaging in joint ventures with
other marketers, you not only have the opportunity to sell to your own
list but to build your list to even greater proportions.

If you own the product or service that is being offered in a joint
venture, you, of course, have a greater opportunity for profit but even
if you don’t own the product or service, you still have a very long list
of prospective buyers and you are an attractive joint venture partner
so you will have more opportunities to sell products and services that
are owned by others.