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The 12 commandments of publishing a membership website or online
By: Peter A. Schaible, Fri Feb 3rd, 2006
Like immutable laws of nature, some rules are ironclad. Follow
these directives and you can expect to succeed. Ignore even one
of them and your business and personal achievements will be
significantly diminished.
1. You shall believe.
The first step in accomplishing anything is embracing the belief
that it is possible.
You must believe in the viability of your project and you must
believe in yourself. If you don't, stop right now.
You simply cannot succeed without the firm expectation that your
idea is sound, that you have all the resources necessary to
succeed, and that you deserve success!
These are self-fulfilling prophesies. If you believe you can
succeed, you're right. If you don't believe you can succeed,
you're right, too!
2. You shall find your passion!
If your sole motivation for starting an online newsletter is to
make money, you'll probably soon tire of the topic. Making money
seldom gets boring, but profit alone usually is not enough to
stir your imagination and creative juices.
A niche market membership website succeeds best when the
publisher has unbridled enthusiasm for her topic.
Finding your passion may require some introspection. It can be
an exhilarating process of self-discovery. It may even require
you to change your lifestyle.
That's part of the excitement. That's part of what your
subscribers are paying you to do. They want to have that same
experience vicariously through you.
Find your passion and turn it into your online newsletter. Stake
out your niche topic and prepare to dominate and defend it.
Establish yourself as the authority on your topic and become a
subject matter expert.
3. You shall become a marketer!
Don't get into the information product development business if
your only care about your niche topic and have no enthusiasm for
learning how to sell.
You must enthusiastically learn everything you can about
marketing and sales promotion copywriting. Because in the final
analysis, you will realize that, regardless of your newsletter
topic, fundamentally you are in the direct response marketing
business. Study the great direct marketers and copywriters.
Immerse yourself in their courses. Devour their books. Read and
reread their most successful sales letters.
If you're not committed to learning everything that you possibly
can about this aspect of the business, you'd better marry
someone who is!
4. You shall be unique!
One of the first rules of marketing: Establish your unique
selling proposition (USP).
Define the essence of your online publication. What
distinguishes your newsletter or membership website from all
others?
Define your targeted member or subscriber. Who is he or she in
terms of age, income, social status, occupation, etc.?
Define the reasons why he or she will join or subscribe. How
will you measure these assumptions, prove or disprove them, and
refine them?
Try to answer these questions before you develop your
information product.
5. You shall create value!
When you develop your marketing message, how will you capture
your subscriber's attention and interest?
How will you ignite her desire for your special, proprietary
information product? What's in it for her? Does it contain
irresistible, mouth-watering benefits for your customer?
Write out your most persuasive "call to action". Does it
motivate your prospective members to reach for their credit
cards and join immediately?
Make certain your subscription website addresses your member's
heartfelt desires. Remember that customers buy what they want,
not necessarily what they need.
6. You shall over-deliver!
Make it a bedrock principle of your business to keep and exceed
your promises.
When you start your online newsletter or membership website,
create at least 20 stories, videos, or other units of content.
Then put a few of them in a public section of the site for
anyone to view, read or download without charge.
You must create value by giving some of your content away before
you can reasonably expect subscribers to pay for more. And after
you create a customer for the members-only, premium content,
reward her with unexpected bonuses of additional value.
7. You shall not deceive!
Creating and selling an information product is fundamentally
about trust. If your readers don't feel you are treating them
fairly, your information products will have no credibility.
From your very first day in business, you must be scrupulously
honest with your subscribers. If you're not perceived as being
100 percent trustworthy, ultimately you will have no customers
and no business.
Beyond being the ethical thing to do, honesty makes good
business sense. It decreases returns and cancellations. It
promotes happier customers and enhances your reputation.
Be circumspect about full disclosure. Don't give into the
temptations that are "sins of omission." Customers will expect
that your product has certain features, even if you don't make
specific promises. If they find out otherwise, they will feel
cheated and resentful.
Consider, for instance, your own membership website refund
policy. Perhaps you state in some obscure region of your site
that there are no refunds of subscription fees. But your
customer assumes that you offer at least a 30-day, money-back
guarantee.
She experiences buyer's remorse and wants a refund after only
four weeks. Technically, you feel you are not required to return
her money.
Do it anyway. It's less expensive than haggling with her, or
worse, defending yourself to your credit card merchant account
provider.
Do you really want an unhappy, former subscriber bad-mouthing
you to other prospective subscribers? Of course not.
It's better not to hide your refund policy or be deceptive about
any part of your offer.
It's best to offer a longer, even a lifetime satisfaction
guarantee. Very few people will ever exercise the longer
guarantee, but it will go a long way toward giving prospective
subscribers confidence in your offer.
8. You shall test!
Test everything that you can measure!
Don't assume. Don't guess. Test, measure and know for certain.
This is fundamental to all direct response marketing campaigns.
You must test lists, headlines, copywriting styles, offers,
prices, even envelop colors.
Learn to love testing or, as previously suggested, marry someone
who does!
9. You shall profit!
There are numerous reasons why you must charge a sufficiently
high price for your products and services.
First, the perceived value of your information is directly
reflected in your prices. That means you're very likely to sign
up more subscribers at a higher price than you will at a modest
price. And those subscribers are more likely to be happier, more
loyal and require less maintenance than those who join at a
lower price point.
Equally important, you need to succeed financially in order to
continue your subscription website enterprise. Financial success
means paying the bills and enjoying the profits of your hard
work and risk-taking.
Financial success is your right and your just reward. It is
amoral for you to not to enjoy the financial rewards of success.
If you believe that you deserve to succeed and enjoy financial
success, you will!
10. You shall adjust!
The online marketing business is in a constant state of flux.
Learn to be flexible.
Expect to make adjustments to your business model after your set
your objectives. Resist the urge to dig in your heels and be
foolishly stubborn about your initial assumptions, or about
changes that loom on the horizon.
Online publishers survive and succeed because they are nimble
and quick to adjust to changes in market conditions. Try to be
objective about your business plan, making necessary course
corrections as you proceed.
11. You shall embrace humility!
The world is full of people who, upon achieving a certain level
of success, begin to believe in their own infallibility. This
kind of arrogance is not only unwise from a human and spiritual
perspective, it's simply bad business.
As soon as you set yourself up as a know-it-all authority, you
distance yourself from your customers. You lose touch with their
concerns, questions, fears, etc. If you create a
master/apprentice culture, people will begin to resent you and
eventually look elsewhere for a different authoritative source
of knowledge.
Because in the final analysis, subscribers come to you for
nurturing, support and comfort as much as they do for pure
how-to information. Your members want to feel as though you are
genuinely interested in their success.
If you're not genuinely interested in your members, it will come
across in the tone of your written as well as spoken voice. Your
subscribers will sense it, and they will ultimately abandon you
for another guide.
But if you're humble and loyal, and continue to deliver quality
content, you can expect members to renew for several cycles.
Some will even apologize to you for not renewing when they lose
interest and move on to other pursuits and interests.
12. You shall give back.
Nobody achieves much in life without getting some help along the
way, or without having some "lucky" breaks created by others.
There are many people who will help you succeed, either through
advice, by example, or with encouragement.
Make a point of paying it back. Contribute something back to
your community (however you define "community"), either in the
form of financial support, or with the gift of your time.
Giving back will keep you grounded, help keep you from
outgrowing your hat, and provide you invaluable perspectives.
About the author:
Peter A. Schaible is executive director of the Subscription
Website Publishers Association ( http://www.SWEPA.com ).
SWEPA exists to support online publishing by providing
education, training and industry recognition. Our goal is to
help members build successful, profitable subscription websites.
Copyright 2004 Subscription Website Publishers Association.
Permission to reprint is granted provided the references and
hypertext links to SWEPA are included.