Creating a membership site is one of the most effective sources of monetizing websites and earning a reliable amount of money each month without having to work for those extra hours, by putting a membership system in place you can create a product once and then earn recurring income from it.
A membership site is one in which your visitors have to subscribe to your site by paying a small amount of money to unlock your content. When you have a membership site, you (as the admin) can have full control over what part of your content can be accessed by your visitors. For example, you have set up a site with various online courses. Each of these courses will have distinctly different materials for your visitors, depending upon their needs or interests. But these materials will not be accessible for all. Anyone who wants to read them will have to pay you a specific amount.
You obviously can always keep it exciting for your members, by providing incentives and other added benefits as well. There are different kinds of membership sites. Some sites charge a one-time payment, while others may charge a monthly, quarterly or yearly payment to unlock their content, products or services.
WordPress Membership Plugins
You will find various plugins available in the market, which can help you monetize your site or blog by paid membership programs. These plugins make it absolutely easy for you to build an effective member based website, with no shortage of options, for your users.
However, membership sites are known to be resource hungry. This makes it extremely important for you to choose the right provider that enhances performance and reliability. There are tons of affordable WordPress hosting providers that will definitely make your life much easier.
The WordPress market is flooded with