5.
The Membership Online Academy
The Membership Academy is the best type of online course set-up to go for, for those who want to impact lots of people at the same time, reach a large market, generate sustained monthly income and grow a large membership following.
This type of online course set-up is excellent for those who either have a number of different types of topics to teach, and/or have been in their field for a long time and have developed lots of content and expertise.
To succeed in the Membership Online Academy model, you need to have at least 3+ courses, each around 1 hour long. You can then charge your students a one-off price to access the courses one by one, OR charge them a recurring monthly fee for access to all of the courses inside your academy.
You can break your academy up into totally different categories to attract different types of students, or you can have a niche academy that caters to all different levels of learning within one particular field.
Membership prices can vary depending on your topics and how many courses your members get access to, and whether or not there are regular updates, course additions and live training elements; but consider charging anything from $10-$97 per month, per member.
It doesn’t take long to build up a member base and start earning an extremely high regular passive income from a membership model. I bet you have more than 100 connections across your social media, right? If ONLY 100 people were paying you $47 a month, you’d be making $4,700 a month passively. Not bad, huh?To get more information on how to start creating your profitable Membership Online Academy, check your email from Sarah Cordiner, or click on the link button below.