Building & Monetizing Paid Community Via Subscription Model

Learn how to build, grow, and monetize your paid community. Sell premium membership to your Discord Server

What you'll learn

Learn the basic fundamentals of subscription business model and get to know its KPI, such as monthly recurring revenue, retention rate, and cancellation rate

Learn how to create Discord server and add new channel

Learn how to build paid community on Patreon

Learn how to sell premium membership for your Discord server on Whop

Learn how to identify your niche and target the right audience

Learn how to generate mini online course material using Mind Smith AI

Learn how to generate Ebooks using Ebook Maker AI and Book Witch IO

Learn how to partner with content creators and help them to monetize their audience using paid community

Learn how to add virtual community manager using Punky AI

Learn how to create booking system for coaching appointment using Calendly

Learn how to sell premium membership for your Discord server on Launch Pass

Learn how to build paid community with Mighty Networks

Learn how to set up payment plan for your paid community

Learn how to connect Discord server to Patreon

Learn several subscription pricing models like freemium model, tiered pricing, and discounted annual billing

Learn how to promote your paid communities by implementing several strategies like social media promotion and building referral system

Requirements

No previous experience in managing online community is required

Basic knowledge in Discord

Description

Welcome to Building & Monetizing Paid Community via Monthly Subscription course. This is a comprehensive project based course where you will learn step by step on how to build, grow, monetise an online community and potentially turn it into sustainable passive income. This course will be focusing on three main objectives, the first one is to guide you step by step on how to set up your paid community, the second objective is to utilise AI to generate many different forms of contents for your paid community, and the third objective is to grow your paid community by implementing effective marketing strategies. In the introduction session, you will learn the basic fundamentals of the subscription based model, for example, getting to know benefits of this business model and learn about key performance indicators like monthly recurring revenue, cancellation rate, and retention rate. Then, you will continue by learning several strategies to identify your niche and learn how to target the right audience. In this session, we are going to have a case study about successful Discord channels with a substantial amount of members. Afterward, you will learn how to create content for your paid community, for instance like creating mini online courses, info products, case study analysis, E-book, and coaching sessions. This part is very essential because when you are building a community, you are not only responsible for providing your members a place to interact with each other but also to provide valuable content. Then, in the next session, you will be guided step by step on how to build your paid community using Whop, Launch Pass, Mighty Networks, and Patreon. Those are platforms where you can host your paid community and they also provide you with payment integration which enables you to charge new subscribers for accessing your paid community. Afterward, you will learn how to speed up the growth of your paid community by partnering with social media influencers who already have a lot of followers. Then, in the next session, you will learn several pricing strategies like freemium model, tiered pricing, and discounted annual billing. Lastly at the end of the course, you will learn how to promote your paid community by implementing several strategies like social media promotion, building a referral program, inviting people to webinars, and sharing member testimonials.Firstly, before getting into the course, we need to ask this question to ourselves, why should we build and grow a paid community? Well, there are many reasons why, first of all, selling subscriptions to your paid community requires very minimum starting capital and as matter of fact you can even start this business with no upfront cost. Secondly, a monthly subscription based business model offers you with stable and predictable revenue since your members will be required to pay every month to access your paid community. This is much better compared to running an E-commerce business or selling products where your revenue is very unpredictable since you might get a lot of sales this month but there is no guarantee that you will also get a lot of sales next month. Meanwhile, the third reason is profit margin percentage, since you are selling a digital product, therefore, your profit margin will be significantly higher compared to selling a physical product since there are no production and fulfillment costs. Last but not least, building an online community will be very beneficial for both of you and your members as it allows you to generate sustainable passive income in exchange for providing them a community to grow, learn new things, and be surrounded by like minded people who have the same goalBelow are things that you are going to learn from this course:Learn the basic fundamentals of subscription business model and get to know its KPI, such as monthly recurring revenue, retention rate, and cancellation rateLearn how to identify your niche and target the right audienceLearn how to generate mini online course material using Mind Smith AILearn how to generate Ebooks using Ebook Maker AI and Book Witch IOLearn how to create Discord server and add new channelsLearn how to sell premium membership to your Discord server on WhopLearn how to create booking system for coaching appointment using CalendlyLearn how to add virtual community manager using Punky AILearn how to sell premium membership to your Discord server on Launch PassLearn how to build paid community with Mighty NetworksLearn how to set up payment plan for your paid communityLearn how to build paid community on PatreonLearn how to connect Discord server to PatreonLearn how to partner with content creators and help them to monetise their audience using paid communityLearn several subscription pricing models like freemium model, tiered pricing, and discounted annual billingLearn how to promote your paid communities by implementing several strategies like social media promotion and building referral system

Overview

Section 1: Introduction

Lecture 1 Introduction to the Course

Lecture 2 Table of Contents

Lecture 3 Whom This Course is Intended for?

Section 2: Tools & Resources

Lecture 4 Tools & Resources

Section 3: Introduction to Subscription Business Model

Lecture 5 Introduction to Subscription Business Model

Section 4: Identifying Your Niche & Targeting The Right Audience

Lecture 6 Identifying Your Niche & Targeting The Right Audience

Section 5: Creating Mini Online Course for Your Paid Community

Lecture 7 Creating Mini Online for Your Paid Community

Section 6: Creating Ebooks for Your Paid Community

Lecture 8 Creating Ebooks for Your Paid Community

Section 7: Creating Discord Server & Adding New Channels

Lecture 9 Creating Discord Server & Adding New Channels

Section 8: Selling Premium Membership for Your Discord Server on Whop

Lecture 10 Selling Premium Membership for Your Discord Server on Whop

Section 9: Creating Booking System for coaching Appointment

Lecture 11 Creating Booking System for Coaching Appointment

Section 10: Adding Virtual Community Manager to Discord Server

Lecture 12 Adding Virtual Community Manager to Discord Server

Section 11: Selling Premium Membership for Your Discord Server on Launch Pass

Lecture 13 Selling Premium Membership for Your Discord Server on Launch Pass

Section 12: Building Paid Community with Mighty Networks

Lecture 14 Building Paid Community with Mighty Networks

Lecture 15 Setting Up Payment Plan for Your Paid Community

Section 13: Building Paid Community on Patreon

Lecture 16 Building Paid Community on Patreon

Lecture 17 Connecting Your Discord Server to Patreon

Section 14: Partnering with Content Creators

Lecture 18 Partnering with Content Creators

Section 15: Subscription Pricing Models

Lecture 19 Subscription Pricing Models

Section 16: Strategies to Promote Your Paid Community

Lecture 20 Strategies to Promote Your Paid Community

Section 17: Conclusion & Summary

Lecture 21 Conclusion & Summary

People who are interested in building, growing, and monetizing paid community via monthly subscription,Content creators or social media influencers who are interested in building paid community for their audience