Membership Site Owner's Bootcamp hits the sweet spot of relevance.On November 11-12, 2006, Ryan Lee and Tim Kerber attracted a sellout sellout The distribution of all the securities in a new issue by the selling group. audience of entrepreneurs to West Palm Beach, Fla., for their Membership Site Owner's Bootcamp. The bootcamp was designed to set up a dialog, sharing membership site success tips and techniques that could be implemented using any software. Both Kerber and Lee have had extensive experience--and success--with online marketing and membership sites. Ryan currently hosts over 40 membership and "sales letter" sites focusing on different markets within the fitness and health category. His home site is www.ryanlee.com. Tim divides his time between www.membershipsiteowner.com and providing user support for Bill Myers's Membergate program, www.membergate.com, one of the leading membership site content management and back-end/billing solutions. Day 1 takeaways The tone of the event was set in the opening presentation, which not only reviewed the purpose and owner-benefits of a membership site, but included simple, easy techniques--in this case, specific ways to research the competition and potential market interest in your topic. I especially liked the simple, but on-target, idea of looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. competition by entering "your topic+membership," or "your topic+subscription" into search engines. The focus then turned to pragmatic issues, like identifying your software objectives and locating potential content contributors and editorial board members for your site. Pricing strategies There are many ways in which the price of a product can be determined. The following are the foremost strategies that businesses are likely to use. Competition-based pricing Setting the price based upon prices of the similar competitor products. and merchant account tips rounded out the afternoon. The power of desktop video solutions Throughout the weekend, the importance of desktop video solutions, such as Camtasia, available at www.TechSmith.com, emerged. Presenters and attendees alike related numerous stories describing the power of videos, both in promoting the website and in developing both content and back-end information products. Snagit, TechSmith's screen capture program, was also frequently recommended. Day 2 takeaways The economics of member acquisition and retention--particularly newsletter-based retention--occupied much of the second morning, along with consideration of the mix of editorial content and advertising. Speakers emphasized the importance of not e-mailing members your entire newsletters, but, instead, the importance of simply e-mailing a teaser teaser an animal used to sexually tease but not to impregnate the members of the opposite sex. Usually males and they may be surgically prepared to ensure that they cannot mate or are not fertile. describing the newsletter, plus a link to where on your site visitors could download To receive a file transmitted over a network. In any communications session, "download" means receive, and "upload" means send. The download/upload often implies a big/little scenario, in which data is being downloaded from the "big" server into the "little" user's computer. the full newsletter. The goal, of course, is to drive members to your website as frequently as possible. Distributing newsletters as downloadable Adobe adobe (ədō`bē): see rammed earth. adobe Handmade sun-dried bricks formed from a mixture of heavy clay and straw found in arid regions. Acrobat Document exchange software from Adobe that allows documents to be displayed and printed the same on every computer. The Acrobat system created the Portable Document Format (PDF), which is widely used in commercial printing and on the Web. See PDF. PDF files See PDF. was a popular option for newsletter content, topics and formatting. Newsletter topics included ways to mine member forums as sources of future newsletter topics. Often, the instigation INSTIGATION. The act by which one incites another to do something, as to injure a third person, or to commit some crime or misdemeanor, to commence a suit or to prosecute a criminal. Vide Accomplice. for a posting could come from the site owner--although there are numerous ways that site members can be encouraged to start the topic development process by asking questions and submitting comments on their concerns. Worksheets included a simple formula for developing the "hook" needed to attract members and differentiate yourself from the competition. The "newsletters and community building" portion of the boot-camp suggested including a Best Forum Post of the Week and ongoing features like Best Tip of the Week and Best Tool of the Week. The afternoon of the second day focused on developing additional back-end profit sources and increasing the website conversions from first-time visitors to membership subscribers. Price points, billing cycles Billing cycle The time elapsed between billing periods for goods sold or services rendered. , and incentive options were discussed, including ways to use integrity to make site membership a safe investment. Paying big dividends is a simple statement of membership growth--i.e., the number of new members--or showing site popularity, as reflected in content recently added and the number of downloads. Vertical versus horizontal growth Toward the end of the event, Ryan Lee took attendees through each of his websites, describing each site's origins, missions, and role relative to his other sites. One of the main things to emerge from the final presentation was how--once created--site equity, like DVDs of previous presentations, can be used for years to come, attracting new site visitors, creating current revenue, and driving traffic to partner sites. Ryan detailed the growth philosophy that guided him, which involved first creating secure monthly membership revenue with a handful of key vertical markets and then expanding horizontally to similar--or complementary--markets. He then reviewed hardware and software resources, including the importance of a quality USB USB in full Universal Serial Bus Type of serial bus that allows peripheral devices (disks, modems, printers, digitizers, data gloves, etc.) to be easily connected to a computer. microphone. His "required reading" includes Patrick Hanlon's Primal pri·mal adj. 1. Being first in time; original. 2. Of first or central importance; primary. pri·mal i·ty n. Branding and W. Chan Kim and Renee Mauborgne's Blue Ocean Strategy: How to Create Uncontested Market Space and Make Competition Irrelevant. Guest presenters Additional presenters during the tightly organized weekend included Larry Pike pike, in zoology pike, common name for the family Esocidae, freshwater game and food fishes of Europe, Asia, and North America. The pike, the muskellunge, and the pickerel form a small but well-known group of long, thin fishes with spineless dorsal fins, of www.artisticthreadworks.com and me. Larry discussed the specific community-building techniques used to drive traffic to his sites that dominate the market for embroidery embroidery, ornamental needlework applied to all varieties of fabrics and worked with many sorts of thread—linen, cotton, wool, silk, gold, and even hair. Decorative objects, such as shells, feathers, beads, and jewels, are often sewn to the embroidered piece. designs and equipment reviews. In one 30-day period he added 1,802 new paying members. He also described outreach Outreach is an effort by an organization or group to connect its ideas or practices to the efforts of other organizations, groups, specific audiences or the general public. efforts, such as local chapters open to both members and non-members. In "Endless Content," I described my Content Catalyst, which is a system for creating content for articles, blogs, newsletters, teleseminars, webcasts, and website registration incentives. Content Catalyst is a 276-page e-book containing over 400 topic ideas, www.designtosellonline.com/Contentcatalyst.cfm. It includes a system for writing based on a "never fail" formula for headlines and a system that takes the time and the stress out of writing. Overall impressions The quality of the audience contributed to the success of the event. In contrast to many internet marketing See Internet advertising. events, the Membership Site Owner's Bootcamp attracted a peer group of entrepreneurs, in contrast to similar events which often attract an audience of hopefuls and wannabees. Equally important, those attending were not employees or managers of online business units owned by large corporations. Instead, they were business owners--often self-made owners heavily invested, and heavily investing, in their own success. A gathering of successful entrepreneurs can generate a lot of electricity and cross-pollination that can't be duplicated in a more diverse audience. Like all entrepreneurs, the site owners probably work too many hours, and too many days, a week--but they are doing it because they are passionate about the niche audiences their sites appeal to. Their sites are not only sources of income, but also sources of discovery and inspiration that they share with their members. DVDs of the Bootcamp, with additional bonus materials, will soon be available at www.membershipsitebootcamp.com. Highly recommended. You'll find innumerable detailed suggestions and website practices. Roger C. Parker is a long-time NL/NL contributing editor A contributing editor is a magazine job title that varies in responsibilities. Most often, a contributing editor is a freelancer who has proven ability and readership draw. and Design Competition judge. Visit www.designtosellonline.com and download two free chapters from his latest book, Design to Sell (Microsoft Press). |
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