It’s a proven business model.
If you head over to Site point marketplace, you will see some people are making good money from it.
I’m talking about Building a Niche Membership Site and then Flipping it for a big chunk of money.
It’s done in 2 ways:
#1 Turnkey Membership Site: You create the membership site loaded with content and sale it. No member. No Traffic. The new owner takes it from there.
#2 Established Membership Site: Niche Membership site lLoaded with content. Have a member base and have been promoted.
Obviously the 2nd option commands more profit than the 1st.
Being owner of several membership sites, I can tell you, creating a profitable membership site from scratch comes down to 4 major steps:
1) Choosing right Niche
2) Setting up and maintaining the Membership Site
3) Creating content that your member enjoys
4) Marketing the Membership site
Once if you have got those right, it is up to you ….whether you continue to keep the membership site for continued recurring income OR Sale it for a big chunk of cash.
If you have never own a membership site, it may appear an uphill task for you, but I challenge you, you can have a profitable membership site in 30 days starting from scratch.
For BIM Members, we are going to start a 30 Days Challenge: Building a Profitable Membership site from Scratch.
I’ll provide a step-by step 30 Days Action Plan, Tools You need and Answer all your questions for each step.
Come join us at BIM Now for the 30 Days Challenge
business model Internet business Idea marketplace niche
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