Did you hear about little Billy, the entrepreneurial school boy, who wanted to supplement his pocket money?
He came up with a plan that he would show his willy to the girls for a fee.
When he came home and told his parents they were absolutely horrified.
Their opinion changed slightly when he informed them that he had earned £50.50p that day.
Impressed but slightly confused his dad asked him, “Which of the girls had paid the 50p?”
He responded with a grin, “All of them!” 😉
Perhaps a little extreme as a method for bringing in extra income, however, the concept of ‘many a mickle, makes a muckle’ as the Scots might say (many little things add up to a lot) is very true.
I can relate to this in a big way.
A good few years ago, more by luck than judgement, I started to promote a VERY low-cost membership product as an affiliate.
I didn’t really know what I was doing but I just quite liked the product in question…
…and because the membership price was so low and the perceived value so high, before very long I started getting commission payments from sales.
Even though those payments were only a couple of dollars each, I was over the moon.
However, even in my wildest dreams, I couldn’t have dreamed of just how successful it was going to be.
You see because of that low membership fee, people very rarely cancelled their membership and so those tiny commissions kept coming in, month after month….after month!
I eventually stopped promoting the offer because I had my own product that did a similar sort of thing.
That was over two years ago…
…and yet to this day, I STILL get commission payments from the offer!
In total, my commissions from these tiny little commission payments are well into 4 figures!
Now that was for an affiliate product, so just imagine the sort of rewards if you had your own low-cost membership!
Again I can say from experience having something like this will take your online business to the next level.
If this does make sense to you, you could do worse than check out Rick Roberts’ $5 Membership Sites.
I loved the way Rick explains how you can use the idea of small recurring payments to create a secure, ongoing income for very limited effort.
My favourite element of the training came at about the 25th minute when Rick talks about how you can get the members themselves to do most of the work.
I did smile to myself at that one.
You can get the training below:
As I say I know this works because I am using the very same strategy myself.
The training comes with two videos, one that focuses on the $5 Membership Site element at about 40 minutes is just enough time to give you the info you need without you drifting off and doing something else
(I also appreciated the inclusion of the audio as a separate download – I do always prefer audio over video)
The second video, is just as useful (if not more so), as it looks at the membership sites in the context of an overall sales funnel.
The fact the training is being offered at less than a tenner, seems a bloody good deal, when you consider the HUGE potential from just one of these sites.
(Just remember my four figures from tiny $2 commissions!)
At this low-price point, this really is an offer you should consider.
Just take your lesson from little Billy…and I don’t mean about getting your prize asset(s) out for all to see!