The short answer to the question of "are online courses and membership sites profitable?" is Yes.
Simple. If you’ve been looking for a proven, newbie-friendly method of making money online... starting a membership that highlights your courses is a great option.
Not only will you be able to profit from the memberships but you will be able to position yourself as a thought leader and authority in your market, there’s no better way than by creating an online course!
The need for instruction and in-depth personal guidance has created an amazing opportunity for anyone who is interested in generating a steady income online. (There are a few things you will need and watch out for...more on that later.)
Now you don’t need to worry about whether people would be willing to pay for your knowledge or not – you’d be surprised at just how many courses are generating thousands of dollars a month that are in obscure markets or unusual niches. You can read more on choosing a profitable niche and setting up a membership site in our post here "How To Make Money With Membership Websites"
People have a thirst for knowledge, especially when it comes from someone with personal experience with the topic. Offer that guidance to them and provide a way to avoid a complicated learning curve and they’ll be more than happy to pay you.
People look up to knowledgeable people and authority figures.
Don't see yourself as an authority figure? Well, you can prove your authority by consistently delivering value to your customers.
But authority is more than that. It’s about showing that you’re a reliable and knowledgeable source of information.
In a membership, it means securely delivering original content that’s informative and actionable.
It may also mean curating content from industry publications and authorities and sharing it with your own take on the topic and deliver it to your members.
Hopefully on auto-pilot with the right tools so you are not burning out before you even get started.
Passive Income Is A Good Thing
So you want to earn a solid income but what type of membership site do you want to run?
Something you have complete control of or maybe a done for you option? A course you have thought out and lovingly created or a site that gives you a chance to learn the business first hand?
Just think for example, how Brett Kelly, generates thousands of dollars a month selling access to his Evernote Essentials course.
Then there’s Joseph Michael who dominated the self-publishing scene with his Learn Scrivener course that teaches authors how to master the popular word processor.
They know how to use software to automate and create sustainable, profitable, automated (also known as passive) income!
Passive Income is any income that requires little or no real ongoing work to maintain.
Ideally, your passive income businesses will require absolutely no work to maintain, but occasionally you can increase your income by expanding on your passive income channels, or by combining more than one. With the right tools... With this type of membership there are some surefire tactics you will want to follow.
It Is All About Consistency
Once you have created your membership courses, other than updating content from time to time (if it becomes outdated), you’ll be able to generate income from your online course with very little effort or maintenance required.
In fact, if you have a good software program to handle the sales, licensing and securely delivering digital content - once you upload your course and launch your program, you can start making money immediately!
So, how can you get started with your own online course and become an authority in your niche?
You will want to start by consistently delivering value to your members.
Keep the content coming and consistent can really be a time drag and a resource drag unless you know a few secrets to doing it right.
You can get content written for you at gig sites like fiverr.com or Upwork.com but that can get to be a drain on your profit margins.
Especially when you become a real authority, your profitable membership sites need to be updated regularly in order to keep members happy, so you’ll need to make sure you have a steady supply of content in whatever niche you choose.
Selling your own courses, and subscription websites, work tremendously well.
Using quality PLR or white label content, to keep delivering sensibly priced and informative content to your members is a great option, and affordable, allowing you to run a profitable membership site.
Once you have created your content...
What you’re going to end up doing is have your courses protected and/or locked behind some sort of a membership login. Once you start, you’re going to want to keep using a membership structure. Because you’re going to need to lock, and protect your content or it will end up on a black hat site being stolen by unscrupulous people.
Now, if you are NOT truly ready to invest time running a profitable membership site with all your own original content and updated PLR content...
Give Yourself A Chance To Hone Your Skills
You might want to look into to selling access to a done-for-you membership site.
It will give you a chance to hone your skills and learn the strategies you need to succeed by following along and working with membership sites that already use proven tactics.
Or try our Platinum Reseller Package where you get access to a secure 'membership command' hub and in just a few clicks you’ll personalize the membership sites for your members (When they log in, they’ll see your ads, affiliate links and banners, etc)
You can simply give away free silver passes with your unique access links or use the passes as incentives to sell more of your existing products, boost your affiliate commissions by using passes as bonuses. When members upgrade to higher membership levels you get paid 100% of the sale!
You'll get access to all of the sites yourself, study the training and discover how to boost your traffic, grow your lists, write better converting sales copy, create fast selling digital products and much, much more... with the Platinum Reseller Package
It does the marketing for you. It regularly mails out product and service recommendations to members throughout the entire site network, when those emails go out, every member you have recruited will get these highly targeted recommendations with your affiliate links embedded. That means, you'll continue to earn additional revenue after a member has upgraded or even if they decide to never upgrade.
And with no hard sell, just giving away valuable free passes to start this cascade of cash flowing is EASY!
Below are some awesome resources to check out...
Get Great Quality PLR Content...
Quality content delivered each month... Automated List Profits has awesome monthly lead magnet packages. These high-quality custom content, autoresponders and even squeeze pages making it easy for you to customize content and consistently deliver it!
Done For You Platinum Reseller
You can use these membership sites to learn everything you need to know about becoming a serious digital marketer. Just personalize these membership sites for your members- start this cascade of cash flowing is EASY!
Ready To Go To The Next Level...?
If you’re comfortable and ready to set up your own membership site where you can sell your courses and virtual products, you’ll want to look into a tool that will help sell, license and securely deliver digital content. Then you will want ProductDyno, with all it's advanced membership management systems and business intelligence,
Product Dyno, is a powerful membership suite that makes it drop-dead easy to create a subscription-based site. It also protects individual product pages or complete packages.
Here’s the link: http://www.ProductDyno.com
The ProductDyno membership site platform allows you to go to that next level.
You can offer online video courses, allow free or paid access to content, (for example a library of posts and PDFs);
You can have subscriptions to content available to members that gives access to content delivered from the date of subscription, or to all previous installments as well!
You can check out more about ProductDyno in this review post at https://promotelabs.com/blog/product-dyno-features-review/
Still on the fence as to what type of membership sites you want to run? If you want to learn even more about running profitable membership sites... You will want get in on this:
Interested In Starting A Profitable Digital Product Business Today?
If you're an affiliate marketer, product creator, list builder, blogger, ecom whizz or have any kind of online/offline business you need to watch this before it's taken down.
You'll discover ...
1) Why we're busy building networks of membership sites and how we've accumulated over TWO HUNDRED THOUSAND active members in them.
2) Why your current lead magnet/s are almost certainly DOOMING your business to failure!
3) How to become an overnight expert/authority and top seller in ANY niche (even if you're a complete newbie in it right now)
4) How to sell 6 and even 7 figures worth of other people's products that have high NET ROI for your business
5) How to boost the value of your EPCs (earning per click) by... (wait for it)... 6,275%
6) How you can build a Million Dollar online business as easily as GIVING AWAY $20 BILLS.
7) The "WOMBAT" that could put a PERMANENT END to all of your traffic troubles.