Recurring Revenue Model 1 - Front-End Memberships
There are 3 primary membership models that you can use to build recurring revenue and get the compounding effect working for your business.
And you are not limited to one type or the other. In fact, when I am helping my clients scale their online business, we will normally combine these to amplify their impact.
A front-end membership is one that you promote directly.
This may be a standalone membership, or it could be an entry point to bring people into your world with the intent of offering them higher-level memberships, courses, or even products and services.
Most front-end memberships range from $17 to – $97 dollars. A front-end membership doesn’t always have to be a pathway to somewhere.
It could be a standalone membership, but you are leaving money on the table if you don’t have a logical next step for people to take after they join the membership.
And, here is a logical next step for you to grow your online business. For more on lead generation strategies for course creators and membership site owners, check out some of my other videos.