Virtual Property Member Rights - Monthly Pay Checks In The Bank

Member sites are one of, if not the most lucrative industries to get into online. Earning a residual income and knowing you’ve got a regular payment coming in every month is very reassuring. By combining the new phenomena of Virtual Property with the proven profitability of membership sites you can generate a healthy regular monthly income, and here’s how.  There are literally millions of web sites on almost every niche market you can dream of - anything from golf to fishing, and self help to body massage. There are also thousands of books in the public domain (books without copyright) on many of these niche market subjects - books that the majority of related site owners won’t even know exist.  Let’s use self help as an example. Each month you grab one of these self help books from the public domain and read it out into a basic microphone that you can get from a computer store, or use software such as ‘text aloud’ which you can get from www.nextup.com . You then turn the audio into a video series using Microsoft PowerPoint (also available from a computer store if you haven’t got it already). This becomes your ‘virtual property’ Now you could just sell this audio product yourself. But it could take a lot of work and a lot of marketing. So, what you would do is create a member site. In other words you would start selling ‘virtual property member rights’.

Using sites like www.memberstar.com you can create a membership site without any technical knowledge. At your member site people pay you ninety dollars a month for a license to sell that self help audio program. And each month to encourage your members to stay subscribed you would give them a new self help program.

You could even have their sales letters written and sell the resell rights to them for one hundred and fifty dollars a month. Next, have the audio or video series burnt onto CD or DVD and sell resell rights to them for three hundred dollars a month. Why would people be willing to pay you that much? It’s a lot of money yes. But if they’re then selling the audio program for, say, forty dollars, all they have to do is sell five in a month and they’re in profit. People go nuts for this kind of turnkey business opportunity. And the fact of the matter is you could introduce virtual property member rights to any product you create in any niche market on the planet. It gets better... Your subscribers won’t want to cancel their subscription because they won’t want you to revoke the license you have sold them. If they did cancel, they would no longer be able to resell your program and effectively they would be out of business. Furthermore, if you have sold a license for one of your virtual property products to someone and they’re selling your product on for more than what they are paying you for your license, why would they stop? And that’s the key to virtual property member rights. If you create (or hire someone else – e.g. from elance.com - to create) a license to something that helps people grow their business they will be willing to pay you big money every month - and stay with you for years. Virtual property member rights is an exciting new concept. It’s simple, fun and profitable and, in the current economic downturn, it could just put you back in the black and much more.