There's nothing better than membership sites for creating residual income.
If you have 300 members paying just $19 a month, that's already $5,700 before you add on whatever you make from backend sales.
All you really need is a carefully chosen collection of high quality private label ebooks and articles. You can then cut them up and use them to post regular content to your membership site.
For more variety, add some products to download, or PLR Videos for members to watch.
Profiting From Your Membership Site
In addition to the initial sale, there are numerous other opportunities to make money with membership sites. You can have an up-sell to a higher level of membership, a related one-time offer on joining, or even a down-sell offering a small selection of material at a low, hard to resist price to get the prospect into your sales funnel.
You can also make money with emails sent to members after joining that soft-sell additional products, either your own or from an affiliate program, plus you can place special promotions in the members area (discount hosting, SEO products, related memberships, etc.). As I'm sure you can imagine, added together these opportunities can lead to massive profits.
What To Do If You Can't Afford High Quality PLR
If your budget doesn't stretch to the absolute best in high quality PLR content, don't worry, all is not lost. It's a fact that all content is not equal in terms of the value it provides. Cutting edge techniques and relatively unknown information come at a premium.
But the thing to realize is that you don't necessarily have to have paying members in order to make a good income from a membership site.
If you have any concerns about the quality of material you're able to provide, make membership free. Make money from a one time offer shown on signing up, through affiliate links and recommendations to your captive audience in the member area, via email communications with members, and through giveaway reports they can distribute with your links embedded (works even better if only members are allowed to pass on these reports).
Just don't insult people by using cheap "Made For Adsense PLR" that reads as though the author only learnt English last week, is uninformative and repeats certain keywords over and over.
