Mika
VIP Contributor
Membership sites: Membership sites are the sites where people pay monthly/yearly fees for information (tutorial sites, for example) or services (dating sites for example). Membership sites are subscription bases, therefore, you don’t have to sell an individual item to generate revenue. In order for your membership site to succeed, you need three things to create value (content or service), the process to sell it, and traffic source.
Royalties: While membership sites require you to work for traffic and new content, you can continue to earn royalties from the same content because you can continuously reach newer markets with the same product. You can earn royalties from ebooks, print books, audiobooks, podcasts, etc.
Note: When I say making $100 per day, I don’t mean you start working today and tomorrow onwards you will make $100, what I actually mean is if you continue to work on these ideas, you will start making at least $100 per day in the long run.
Royalties: While membership sites require you to work for traffic and new content, you can continue to earn royalties from the same content because you can continuously reach newer markets with the same product. You can earn royalties from ebooks, print books, audiobooks, podcasts, etc.
Note: When I say making $100 per day, I don’t mean you start working today and tomorrow onwards you will make $100, what I actually mean is if you continue to work on these ideas, you will start making at least $100 per day in the long run.