eBook Profit Spiral

Selling eBooks is only the first step in building your eBook Profit Spiral system. Rather than selling one new eBook after another, you also need to add a membership component to your eBook business.

The fact is that building an eBook empire requires that your eBook business have a built-in Continuity Model. And one of the easiest continuity programs is the membership site.

So, what is a membership site?

Basically, a membership site is an online community where members pay a regular subscription fee (usually monthly) for access to premium content, tools and resources such as:

• Articles
• Special reports
• Monthly newsletters
• Expert interviews
• Members-Only Forums
• Vendor lists
• Other resources

There are many few reasons to love membership sites:

Compared to limiting your business to selling eBooks and other digital products, membership sites enjoy a higher perceived value … especially in niche markets.

Even better, the huge amount of free information on the Internet creates information overload, and there is an ever greater demand for sorting through all the clutter and fluff, leading more and more consumers to search for sources of premium content which means greater demand for membership sites.

Membership sites are great for hobbies and special interests. This means that membership sites can enhance sales for whatever niche your eBook Profit system focus’s upon.

The potential for a membership site to expand your eBook Profit Spiral upward is unlimited because any subject that has an eBook following or an offline magazine base can have an online membership site.

Some marketing tests have shown that members of a site buy from 10 times to as much as 20 times more than non-members. So, membership sites provide a monthly income, and they also sell more products.

Membership sites also can be setup with little. While some high-end membership system are expensive, free and inexpensive tools work just as well (if not better) than the expensive ones.

Besides, the monthly recurring income from eBook membership sites evens out revenue and allows for improved business and budget planning. It doesn’t hurt that you get paid each month for maintaining the membership site.

And, since membership sites can be built from compiled content (PLR articles, Public Domain materials, past newsletter and eZine articles), it is possible to put together the framework of a membership site in a weekend.

And, since content is available from hundreds of different places, you can acquire much of that content without costs.

The reason that people will pay a monthly subscription fee is that your eBook membership site saves them time and effort in finding the information that they want and need. Sure they could find the information themselves, but if they make $5.00 per hour and your subscription price is $5.00 per month; then for the cost of one hour’s work, they can save dozens of hours by accessing the content on your membership site.

Just show your prospective subscribers the value, and make sure that you provide additional value each month.

If you have an eBook, printed book, an online course, or a training program of some kind; you can repurpose that content for a membership site, and turn one-time sales into a monthly income.

And don’t worry if you are not an expert in the particular niche that you are building. Your role is that of a publisher, not as an authority. It is your job to find resources of value and provide these to your subscribers.

In fact, your subscribers may know more about your membership site niche. But, they gladly keep paying because obtaining the specialized information that is only available on your site saves them money and provides a high value return for their subscription fee.

For a low cost membership system, check out Memberfire.