Here is another great way to make sure that you put your PLR to good use: Monthly Subscription Service/Website!
There are several great reasons to start your own monthly subscription service. You might want to start one to grow your audience, make more money, and expand your business. But before you jump right into this new business venture, there are three important questions you need to ask yourself.
Question #1: Is this is a profitable niche?
It doesn’t matter if your subscription service has the best content on the web if no one is willing to pay for it. You don’t have to spend six months researching a niche audience in order to figure this one out. Just look around. Are there other products that are selling well in the niche you plan to build your subscription service on?
If there are, then you can check this item off your list. But if you find that there are no existing products, then your niche may be too narrow or your audience may be unwilling to spend money.
Question #2: Is this subscription site going to interest my existing audience?
Many solopreneurs that launch successful subscription sites have already built an existing audience. This is essential because you want your existing readers and subscribers to join your new membership site. Don’t launch a subscription service for dentists if your primary audience is lawyers. You’ll only confuse your followers and overwhelm yourself by serving two different audiences.
Question #3: Is this a recurring need?
You want to build an audience that consistently needs what you have to offer. It’s okay if your product seems pretty basic – so is toilet paper but people still buy it each month. Remember if your audience doesn’t need or want to use your product each month, then it might be hard to generate sign-ups for your subscription service.
If you have an idea for a subscription site, then you should carefully evaluate it by asking the questions above. A great guide that will teach you how to start your own subscription site can be found here. (Save $30 until end of February 2015 with Coupon Code: SAVE30BUCKS) This step-by-step resource shows you how to generate an idea for your subscription service and implement it.