Method Stats:
- Setup time: up to a few weeks to create the exclusive content and membership tiers
- Age threshold: 18+
- Time of payment: varies depending on the chosen payment gateway
Creating a membership website is another excellent way of generating income online on a self-made platform.
Membership sites make money by selling access to exclusive content through subscription plans. With a tiered membership system, you can divide members’ privileges and determine which content they can access.
The subscription system creates a steady revenue stream as members have to renew their plans to maintain access privileges.
If you’re building a brand, a membership site can help foster a potential customer base for upselling.
When creating your own site, find inspiration from various niche membership websites. For example, Mark Manson and Magnetic Memory Method focus on self-improvement. Meanwhile, Smart Blogger offers tips on blogging and content writing.
After finding a niche that suits your interests, start developing the membership website. The easiest way to do this is with WordPress. Many useful membership plugins offer the necessary tools to create plans and accept transactions online.
