Starting Your Own Paid Membership Site

Want to sell subscriptions for online content with your own membership
site? Selling online content via a password protected website has become
big business. Not only is it fast to set up (with the right tools), but
the start-up and running costs are minimal. Work from home entrepreneurs
and big businesses alike are lapping up this new found revenue source.

People are willing to pay for online content. In fact, the “Online
Publishers Association” revealed that pay-for content is emerging as a
hot revenue model. Business content, personals, match making, and
entertainment are the hottest niches. But even smaller niches, like DVD
authoring, sports coaching, marketing services, and dieting are
producing profits.

Internet users spend $300 Million in 4 Months for Online Content

U.S. consumer spending for online content in the first 4 months of 2005
was $300 million, a growth of 155% over the first quarter of 2004 (and
that?s post-September 11th). It?s apparent that online users will pay
for content on their passion or profession.

Subscribers are paying anywhere from $9.95 a month to $19.95, and in
some cases up to $200 a month ? depending on the nature of the content.
Annual subscription renewals hold a solid 72%, giving site owners an
impressive recurring residual income. Renewals accounted for nearly half
of paid content sales in 2004.

By Sparky in Analysis, Businesses, Content, Marketing, News, Tips

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