Increasing Affiliate Revenue Through Membership Sites

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Transcript of Increasing Affiliate Revenue Through Membership Sites

Increasing Affiliate Revenue Through

Membership Sites

What isMembershi

p?

Increasing AffiliateRevenue ThroughMembership Sites

Belonging, either individually or collectively, to a group. Some memberships may require a fee to join or participate while some do not. Others, as in the case of MENSA, have specific skill requirements that must be reached prior to be accepted into the group. Special privileges or benefits are entitled to members although not all members may have the same rights and privileges.

Membership = Exclusivity

Groucho Marx

“Please accept my resignation.I don’t want to belong to any club that will accept people like me as a member”

What is a Membership

Site?

A membership site is a website

that people join in order to get access

to exclusive members only

content, benefits,community

interaction or special features.

Types of Membership Sites

Increasing AffiliateRevenue ThroughMembership Sites

Online Learning

Digital or Physical Products

Blogs & Content

Event Management

Exclusive Community

Custom Combo

Online Learning

Sites

Increasing AffiliateRevenue ThroughMembership Sites

Notable FactsOver 500 Employees

Purchased in 2015 by LinkedIn for $1.5 Billion Dollars.

Thousands of Topics

Lynda.comOnline education company offering thousands of video courses in software, creative, and business skills. Founded in 1995, the company produces video tutorials. Members have unlimited access to watch the videos, which are primarily educational.

Increasing AffiliateRevenue ThroughMembership Sites

Notable FactsOver 400 Million members

Purchased in 2016 by Microsoft for $26.2 Billion Dollars.

Largest Social Business Site

LinkedIn.comLinkedIn is a business-oriented social networking service. Founded in December 14, 2002 and launched on May 5, 2003, it is mainly used for professional networking.

PROJECTED 2017 GLOBAL SPENDING ON ONLINE LEARNING

$32 BILLION

Increasing AffiliateRevenue ThroughMembership Sites

Estimated$12.2 BillionIn 2017

$4.23 BILLION

2015

Increasing AffiliateRevenue ThroughMembership Sites

2014$2.55 BILLION

GLOBAL LEARNING

MANAGEMENT SYSTEM MARKET

55%

25%

65%

30%

Increasing AffiliateRevenue ThroughMembership Sites

ONLINE LEARNING ANNUAL GROWTH RATE

40%35%

Increasing AffiliateRevenue ThroughMembership Sites

plan createdesign launch promote

support

number of membership sites still operational after 18 months.

35.7%

Customer Profile

AvatarsCreate a customer

avatar to profile the typical user of your

membership site.

Eventually you will call your avatar by name and think of them when

creating content or during marketing phases.

AvatarsWho is a typical member?

What do they do for a living?

What is their lifestyle like?

What are their problems?

Why can’t they find a solution?

What does your site change?

How can I get to them?

Successful Site Examples

Increasing AffiliateRevenue ThroughMembership Sites

Luxury Designer Fashion

netaporter.com

NET – A - PORTER

Is it a Membership Site?

Increasing AffiliateRevenue ThroughMembership Sites

How much does it cost to get in the

EIP Program? ?

NO Membership Fee… But…

BIG Annual Spend

Increasing AffiliateRevenue ThroughMembership Sites

Net-A-Porter representatives will contact a customer when they have reached a specific level of total spending and invite them to participate in the exclusive EIP program.

In some sense, the regular customers are just buying up the things that the EIP members have not purchased!

eCommerce

Membership SiteSuccess Strategies

Prepping and Survival Membership Site

thesurvivalpodcast.com

The Survival Podcast with Jack Spirko

Increasing AffiliateRevenue ThroughMembership Sites

THE SURVIVAL PODCAST focused on practical advice and community contributions to promote a preparatory mindset.

Members are involved in every aspect from basic support to product reviews and sponsor approval.

Specialized Niche

Increasing AffiliateRevenue ThroughMembership Sites

Online Learning & Certification

digitalmarketer.com

Digital Marketer

Increasing AffiliateRevenue ThroughMembership Sites

Digital Marketer found a pathway to shape their existing and revised content into specialized certification programs.

Certified members get their own verification page and access to a private community designed to engage others and use their skills cooperatively.

Learning & Certificatio

n

Increasing AffiliateRevenue ThroughMembership Sites

Blog Content for WP Prospoststatus.com

Post Status

Increasing AffiliateRevenue ThroughMembership Sites

Post Status turned WordPress blogging and news on its head. Brian Krogsgard understood who his ideal member was and built a community around what those members wanted.

He uses the same technologies that his members use. He speaks the same language and provides real community networking for WordPress professionals.

Content & Communit

y

Final Advice

MembersGet to know your ideal members and what they want before you even think about starting your membership site.

The most successful membership models make sure that the users are always the main focus.

Give them what THEY WANT, not what YOU think they need or what other sites are doing.

You are not your members.

Increasing AffiliateRevenue ThroughMembership Sites

be ambitiousDon’t be restrictive in your Membership site. You can transform almost any business to a membership model.

be loudPromote your site with complete intention to get people in your Member site. The competition is fierce!

be availableThe most successful sites provide the most hands-on interaction and live presence to their member base.

be originalThough there may be others in your niche, there is only one YOU in the niche. Fixate about content, not competition.

Increasing AffiliateRevenue ThroughMembership Sites

MEMBERSHIPCOACH.COM@marcuscouch

Marcus Couch