Tips for publishing a membership website or online newsletter
Like immutable laws of nature, some rules are ironclad. Follow these directives and you can expect to succeed. Ignore even one of them and your business and personal achievements will be significantly diminished.
1. You shall believe.
The first step in accomplishing anything is embracing the belief that it is possible.
You must believe in the viability of your project and you must believe in yourself. If you don't, stop right now.
You simply cannot succeed without the firm expectation that your idea is sound, that you have all the resources necessary to succeed, and that you deserve success!
These are self-fulfilling prophesies. If you believe you can succeed, you're right. If you don't believe you can succeed, you're right, too!
2. You shall find your passion!
If your sole motivation for starting an online newsletter is to make money, you'll probably soon tire of the topic. Making money seldom gets boring, but profit alone usually is not enough to stir your imagination and creative juices.
A niche market membership website succeeds best when the publisher has unbridled enthusiasm for her topic.
Finding your passion may require some introspection. It can be an exhilarating process of self-discovery. It may even require you to change your lifestyle.
3. You shall become a marketer!
Don't get into the information product development business if your only care about your niche topic and have no enthusiasm for learning how to sell.
You must enthusiastically learn everything you can about marketing and sales promotion copywriting. Because in the final analysis, you will realize that, regardless of your newsletter topic, fundamentally you are in the direct response marketing business.
Study the great direct marketers and copywriters. Immerse yourself in their courses. Devour their books. Read and reread their most successful sales letters.
4. You shall be unique!
One of the first rules of marketing: Establish your unique selling proposition (USP).
Define the essence of your online publication. What distinguishes your newsletter or membership website from all others?
Define your targeted member or subscriber. Who is he or she in terms of age, income, social status, occupation, etc.?
Try to answer these questions before you develop your information product.
5. You shall create value!
When you develop your marketing message, how will you capture your subscriber's attention and interest?
Make certain your subscription website addresses your member's heartfelt desires. Remember that customers buy what they want, not necessarily what they need.
6. You shall over-deliver!
Make it a bedrock principle of your business to keep and exceed your promises.
When you start your online newsletter or membership website, create at least 20 stories, videos, or other units of content. Then put a few of them in a public section of the site for anyone to view, read or download without charge.
You must create value by giving some of your content away before you can reasonably expect subscribers to pay for more. And after you create a customer for the members-only, premium content, reward her with unexpected bonuses of additional value.
7. You shall not deceive!
Creating and selling an information product is fundamentally about trust. If your readers don't feel you are treating them fairly, your information products will have no credibility.
From your very first day in business, you must be scrupulously honest with your subscribers. If you're not perceived as being 100 percent trustworthy, ultimately you will have no customers and no business.
Beyond being the ethical thing to do, honesty makes good business sense. It decreases returns and cancellations. It promotes happier customers and enhances your reputation.
8. You shall profit!
There are numerous reasons why you must charge a sufficiently high price for your products and services.
First, the perceived value of your information is directly reflected in your prices. That means you're very likely to sign up more subscribers at a higher price than you will at a modest price. And those subscribers are more likely to be happier, more loyal and require less maintenance than those who join at a lower price point.
9. You shall adjust!
The online marketing business is in a constant state of flux. Learn to be flexible.
Expect to make adjustments to your business model after your set your objectives. Resist the urge to dig in your heels and be foolishly stubborn about your initial assumptions, or about changes that loom on the horizon.
Online publishers survive and succeed because they are nimble and quick to adjust to changes in market conditions. Try to be objective about your business plan, making necessary course corrections as you proceed.
Like immutable laws of nature, some rules are ironclad. Follow these directives and you can expect to succeed. Ignore even one of them and your business and personal achievements will be significantly diminished.
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