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Using Upgrades As A Source of Revenue on a Membership Site
When people think about making money from a membership website, usually they are thinking in terms of collecting a subscription fee each month or each quarter, depending on what type of billing cycle you have. But that isn't always the case. Sometimes the money that people pay are simply for upgrades.
Usually, upgrades are offered on sites such such as game sites and virtual pet sites. Here are some of the different upgrades that sites usually offer.
Currency
.The first item that sites usually offer is currency for the game. This can be gold, silver, or other forms of currency that the characters and people use to purchase things on the game. If people aren't happy about the amount of currency they have, some membership sites offer the option to purchase more with more money.
Weapons
Another thing that membership sites offer to the people who are members on is the ability to purchase weapons for their character. This is a good way to get people who want to level up fast and to be the beset that they can be at the game. These are items that the real serious gamers might purchase, the ones who have to be the best, have the best equipment and so on.
Accessories..The last thing that membership sites, especially the virtual pet sites, offer are accessories. These can be in the form of costumes, special abilities, and other things that make the game more profitable for their characters. The accessories often make the pets more desirable to others if the person wants to trade their pets. As well as costumes, the accessories are often something like a potion which will change the pet into another form.
If you don't want to charge your members monthly, you are going to find that offering them upgrades is a great way to make some money with your membership website. Of course, there are disadvantages to this because you can never be sure how many people are going to purchase the upgrades each month. Not only that, you have to keep updating the upgrades to keep people interested.
If you are someone who has a lot of good ideas and have the time to do upgrades and the coding that goes with it, upgrades are a good way to make money with your membership website. However, if you don't have the time or the ability, stick with charging a monthly fee. Otherwise, your website isn't going to be very profitable.
