OK, it has been awhile…. So 5 key points to catch up:
1. I completed the prototype phase of the new business (which lasted about 6 months), and I think rather successfully. I received a fair amount of feedback on the site, class content, etc etc. Enough positive feedback to make me confident to invest a bit more $ into relaunching the site as a membership model.
2. A membership model? Yes. It was always my ideal. Selling online training (the core of the new biz) is a great opportuity for the holy grail of business models: those that create renewable/predictable revenue streams!
3. I hired a small agency to help with the overhaul and membership model ecommerce system. The agency is one with a great blog I had been reading for sometime. Why not work with the freelancer who did the original WP site? Because he didn’t seem that interested. My last real request to him was to help update the banner–which looked really amateurish. he seemed to think it was fine. Really?? Then either we have such different expectations or he just wasn’t paying attention–either way, it disqualified him from being considered for the work. (Hint to web design freelancers: if a client tells you they think something needs improvement, at least offer a thoughtful option–don’t just brush it off. Give an idea and advise your client what the fee would be to implement it).
4. The new design effort had its fair shares of ups and downs. Finding and selecting membership software was a pain. We started down one path, discovered a critical limitation, and ended up switching at the last minute. Not a huge deal in terms of $$$, but did lose a few days of time. The end reuslts was much better though (aMember was the final solution–and I am very happy with it).
5. I launched the new site 1 week ago, and memberships are rolling in. OK, free memberships so far…but I am confident that paid levels will start soon. So far I am marketing just to my existing network and my twitter followers (almost 700 now!). I will start Google adwords etc next week.
I am: excited, hopeful, scared, revenue-hungry, proud, ready.
Filed under: Business strategy, Hopes & Fears | Tagged: aMember, business launch, membership model, subscription model | Leave a Comment »
