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Perfectly Profitable Products Resale Rights Ebook

Perfectly Profitable Products Resale Rights Ebook
License Type: Resell Rights
File Size: 373 KB
File Type: ZIP
SKU: 54128
Shipping: Online Download
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6g. Flexible Memberships: The Low Maintenance Option.

Now a moment ago we talked a little bit about if your product suited to a membership site, i.e. is it long enough to sustain long periods and bring you the returns that you want? You may have noticed already that a lot of the differences between membership sites and single sale are pure presentation, how you present your product, how it brings you the cash and how quickly you can put that to use using the time you have remaining.

This is no exception. If I’ve put you off membership sites so far, this is where they start fighting back and rearing their best sides. First off, I want you to think about the flexibility you have to present. A membership site doesn’t mean something that you’ll set up and leave running itself forever, at least it doesn’t have to. Of course I’m talking about limited memberships.

Rather than limiting the number of users or members as the name might suggest, the change is much larger than that, and offers your product over a set period of time, through which the members pay you a recurring income until that time is up.

This is an excellent choice, and a good mid way between an everlasting membership site and single sale products, and is often the choice for the sale of information, or set courses. This one for example. If we didn’t go single sale this would have been the choice. Not only does it allow those who can’t afford to pay up front all in one go to get their hands on it by paying smaller installments than they would with a three month pay plan, or even straight up front selling, but it also ditches the maintenance too. You’re not constantly updating or improving the content, you don’t need to. It’s a set creation, a set piece if you will. Limited membership is just an alternative form of presenting a high ticket, single sale item, ideal for info product sales without the maintenance, and without the worry of ever running out of content to sell.

So why would you create a limited membership site out of the single sale product, when you could just make it single sale for the full course and pull in all the cash anyway? Well, high-ticket items, single sale products are often high in price. Anywhere from $200 up to $10,000 and sometimes even more.

A limited membership allows for three things. First, it gives the power of the trial. It’s not easy to get people to commit to a high priced product, if they’re not bombarded by proof that it’s the best out there, and even then, some can be wary, especially if they haven’t spent this much on a single sale product online before.

The limited membership allows you to overcome this by offering a trial for the first section. It eliminates a massive amount of risk and boosts the confidence of the customer in you, furthermore it allows them to experience your work first hand before shelling out what is a large amount of cash to most people, something that even three or four installments for a high ticket item cannot achieve.

The second thing the limited membership allows you to do is establish a relationship with your customers. Turning first time customers into longterm customers has been and will continue to be a big focal point throughout this course. It’s something that allows you to profit again and again from the same resources without having to go out and acquire more every time you launch a product.

Have you ever bought a single sale product, downloaded it, and just maybe had a glance, had a little look, and then put it aside and moved on? Well that’s something that goes on a lot with single sale items, especially those that aren’t particularly expensive. Of course if you spend a thousand dollars on something, you’re likely to use it for a long period of time, but when spending a hundred, two hundred, it’s all too easy to lay something aside and forget about it.

Within limited membership, because you’re effectively getting your product in installments, you begin to make a connection with the seller. You get to know a little about them, you follow their course, and through each installment, the connection and trust grows stronger and stronger, something that you don’t get with smaller ticket single sale products.

What happens when you’ve made a connection with your customers? Well they begin to feel like this know you, they trust you, they’ll remember who you are because they’ve been receiving your product from you over a sustained amount of time, and this in turn paves the way for turning these customers into long term customers. They’ll be more receptive to further offers, they won’t forget you in a hurry, they’ll begin to trust you and your products, and what’s more they’ll buy from you again and again in the future if they enjoyed this first installment. It’s a pretty simple process, but using this method, but as you can already see, through that long term connection you make is very powerful, and after the first few installments, you’re no longer just a random person trying to get their money. Establish that connection, it’s immensely powerful.

We’ll talk more about establishing this connection with your customers later, for now though all I want to demonstrate is that it is easier to do through limited membership than single sale, without having the often large maintenance and unsuitability on a per product basis of the full blown ever lasting membership site, something to keep in mind when selecting from these three options.

The final advantage of this type of membership site is flexibility. Imagine you’re selling a single sale product for a thousand dollars. What kind of flexibility do you have to choose when to claim your income? Not a lot, people buy, you receive the money end of, but if you’re looking for a reoccurring solution the aspect of flexibility is extremely powerful.