Create A Membership Site Online By Mastering Six Key Aspects: Value-Creation, Strategy, Business Model, Technology, Member Experience, And Marketing.
Knowledge Commerce is a booming new line of ecommerce. You first discover, and then “productize” your own unique knowledge, talent, skills or passions – into ebooks, courses, memberships, webinars, virtual summits, consulting packages, and a host of other formats.
It’s an ideal business for solopreneurs. If you want to grow yourself into an exclusive and premium brand, and command market-dominating prices, this is your perfect opportunity. So get in early.
The idea behind membership sites as a Knowledge Commerce product is this. You may have built up a good library of content. Maybe you have a good number of ebooks, short courses, templates, and worksheets.
Or if you don’t yet have all these, maybe you’re confident of fast creation.
Your customers may want all this in pick-and-choose doses. They may like to pay for access to your library through monthly subscriptions. You can set pricing plans at different levels. You can thus allow graded access to your library of knowledge products.
At Solohacks Academy, we think having lots of members paying you a small fee every month could make your income more reliable. But one thing is important to remember: this is by no means a “passive income” idea … in fact, membership sites need your constant marshalling. If you’re ready for that, you’ll enjoy earning regularly and well, creating your community, and being the active thought-leader.
