tag:blogger.com,1999:blog-8709674045858925941.post4832175642812716501..comments2023-03-15T01:25:35.992-07:00Comments on Social Marketing Man: 10 Compelling Reasons to Own a Membership BusinessGeorge Tranhttp://www.blogger.com/profile/05445176178558164630noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8709674045858925941.post-31002730239468774472008-12-23T19:32:00.000-08:002008-12-23T19:32:00.000-08:00Hi George, Brad here...Your quote "People join you...Hi George, Brad here...<BR/><BR/>Your quote "People join your membership site for the content BUT THEY STAY FOR THE COMMUNITY" is now pasted on the wall next to my monitor.<BR/><BR/>We've learned first-hand that the "Power of Compounding" is the secret ingredient in the success recipe for a subscription site.<BR/><BR/>Solving the attrition problem turns a modest number (25) of modest fee ($12.95) subscribers a week into $100K within the first 12 months. Wow, how easy is that?!<BR/><BR/>With a powerful engine like this in their business it's no surprise that AOL was able to be the tail that wagged the dog when they bought Time Warner. They had the cashflow to accomplish anything they set their minds to.<BR/><BR/>You've been a blessing to us in our endeavors to build our subscriber base. Your strategies and tactics have enabled us to change our first year income goal from $100K to $1M. Thank you for your inspiration and rock solid advice. We couldn't have done it without you.<BR/><BR/>For the record we're having a celebration party in Malibu in October. Mark your calendar. You're invited!<BR/><BR/>Best regards,<BR/>BradAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8709674045858925941.post-88693553558403282542008-12-23T14:17:00.000-08:002008-12-23T14:17:00.000-08:00Thanks Jason!Love your show. I follow it religiou...Thanks Jason!<BR/><BR/>Love your show. I follow it religiously. Great update on industry news.<BR/><BR/>Sincerely<BR/>GeorgeGeorge Tranhttps://www.blogger.com/profile/05445176178558164630noreply@blogger.comtag:blogger.com,1999:blog-8709674045858925941.post-63388224459851765252008-12-23T12:54:00.000-08:002008-12-23T12:54:00.000-08:00George,These are excellent thoughts on membership ...George,<BR/><BR/>These are excellent thoughts on membership sites. They have been a profitable model for quite some time, but it is definitely coming into its own even more with the social media age.<BR/><BR/>The transactional launch model can be very profitable, but it has its limits. You made a great point about how having a membership site helps overcome the need to constantly launch.Anonymousnoreply@blogger.com