If you want to make money online, there are two proven methods for doing so: affiliate marketing and creating membership sites.
Affiliate marketing is the practice of adding website links that take users to other websites where a purchase can be made. You earn a commission for each customer you refer. Whereas, a membership site is a website with areas available only to registered members who make either a one-time or recurring payment in order to access membership content.
The membership requires startup costs requires website with domain name and web-hosting account. Though not very costly, the membership requires initial outlay. There is no initial cost for setting up affiliate sites as you will be provided specific affiliate link for you.
Launching a membership site requires website building skills as it requires tools that will handle the membership functionality of your site. It gets even more complicated as you will also have to handle payment-processor integration, establish pricing strategies, and map out more sophisticated content structures. You do not need specific website building skills for affiliate system.
When it comes to monetizing your membership site, you will need to charge for content access. Your options may be- recurring subscriptions and charging a one-off for lifetime access or access for a fixed period are popular options. With a good membership tool, you can easily create multiple tiers or packages, giving your users plenty of choices. With affiliate marketing, you typically earn a percentage of what your visitors spend on the partner website. Some products and services you can promote are more profitable than others.
There is no question that you’re going to need traffic, and your goals and the earnings potential of your website both play a large part in dictating how many visitors you’ll need for your site to be successful. Whether you opt for membership site or affiliate marketing, you will need to master traffic generation if you want to earn substantial income.
The question arises, why not do both?
There is unique solution for that. It is simply doing affiliate marketing for membership sites. The system has done everything for you. All you have to do is market membership sites- not just one, but as many as 10 sites. You can charge for membership for each site. It is suggested that you offer FREE silver membership for each site, hoping members will upgrade to higher level if they wish to. (But advantage is that if offered FREE they are likely to tell their friends and/or team members.)