Question
Topic: E-Marketing
Building An Online Paid Membership Community
Many online sites (Facebook, MySpace, Yahoo, Twitter, many more) are free to sign up and give you space to network with others. In my experience, this is a poor business model; where's the profit or even operating expenses coming from? The answer has been advertising, but the conversion rate is abysmal. The other question I've already posted which this is connected with can be found under "Taglines/Names" as "New Spiritual Portal. The core concept is to create a portal which serves the spiritual community on a low-cost, but not free, basis. How viable is this concept? I have researched it and there doesn't seem to be anything quite like it and a growing need to weed out the many offers of goods and services under the category of 'spiritual'. I'm looking for some advice at this early stage; next, I will be putting together a business and marketing plan to obtain potential partners, both for the business and on the financial side. Answerers of this question may be asked to participate in upcoming phases of this plan, if interested.
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