Monetization

How to Price Memberships (Part 3): Final 4 Considerations

Last week we talked about the anchoring effect and 4 important insights to consider when pricing your membership subscriptions. Today we’re bringing you 4 more considerations that we hope will help you find the perfect price. Ready? Here we go! The Grandfathering Clause As your subscription offerings grow in both quantity and quality, there will…

How to Price Memberships (Part 1): The Anchoring Effect

One of the most difficult tasks when creating membership sites isn’t deciding what membership software to use or creating your content … it’s setting your prices. Why? Because pricing has much more to do with consumer psychology than anything else. At first glance, setting prices seems pretty straightforward. But after a closer look, it’s easy to see…

5 Reasons Every Blogger Should Start a Membership Site

Most blogs are purely a labor of love. Places where anyone can get on their soapbox and broadcast their message about fitness, technology, recipes, finance, fashion, music, and more — but they have to be a labor of love because they don’t bring in much money. If you’re such a blogger, you know that as…