In online marketing it is usually the concept of selling one product at a time to many customers. A bad thing about that concept is that there may never be another chance to sell something else to that customer in the future. A far superior concept does exist.
The thing is, people don’t always shop this way. While it’s often lucrative to target the masses with just one product, there are other massively successful methods through which to approach online business. The ultimate form of these is through a subscription based website or service. This has several major advantages over the one-off sales method:
Firstly, it offers you access to a recurring group of customers. Instead of investing time every month into chasing down a massive crowd of new customers, the subscription system makes it much more lucrative to amass a sizable group of repeat customers, and then continue to offer them more and more information through a recurring service. This way, you end up with a sizable income every month from subscription fees. The best bit? — these payments don’t stop. Once you’ve built a membership based, provided you keep them satisfied and impressed with your product, you’ve got them buying from you for as long as you want.
For the same effort you need to make a one time sale a subscription sale is far superior.
It is much easier to sell something to someone who has purchased a service or product from you and been satisfied with that product. That is the advantage of building a large subscription group of satisfied customers to cross market to them. Seth Godin calls these a ‘Permission Asset.’
A ‘Permission Asset’ means you will be able to make additional sales to these same people as long as you keep providing good service and value to your subscription customers.
Just be sure that you don’t drop the ball and disappoint those subscribers or you will lose that permission asset. A good thing is that good custom content can be found for reasonable cost that will keep your information fresh and interesting. If you are really keen on the subject of your subsciption service you may not need outsourced product. There are many potential audiences available, some will like what you like. So, do what you love and they will also.
Here is a lot more info on membership marketing, check out the free Membership Site report. You have permission to distribute this article any way you desire as long as you keep this resource box with it. You can also include your affiliate link if you sign up at Click Here























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