WHAT’S A FIXED TERM MEMBERSHIP (FTM)? And More Importantly... How Can I profit from it!

Fixed-Term Memberships (FTMs) are the pre-paid MVP of the online business world.

These memberships come with a set time period, ranging anywhere from one day to two years or more, and can be set up as non-refundable and non-transferable.

FTMs are a surefire way to increase your monthly income, no matter what you're selling online.

The traditional monthly membership model has its flaws, as members tend to bail after only a few months of an endless subscription.

But with FTMs, you can set a clear end in sight for your members, ensuring that they stick around for the duration of the term.

Building a fixed-term membership site is one of our favorite ways to increase sales.

Whatever you're selling online FTM sites are a super easy way to MASSIVELY boost your monthly income.

If you build a typical monthly membership site which goes on "forever," then each month you send new content to your members, and each month they pay their monthly fee.

Problem is, your members can't see an end to the site - so they bail after about three or four months.

Think about it this way - people love to finish what they've started, and by offering a six-month, nine-month, or twelve-month FTM, you're giving them the chance to do just that.

And the best part is, they'll be paying you a fee every month to do it!

Why A Fixed Term Membership?

A fixed-term membership site is different because you set it up for a fixed term - three months, six months, twelve months, etc.

These are also similar to 'split payment' terms where instead of paying $500 - $1k up front you let your customers pay you monthly over 6 or 12 months at a fixed payment.

We've tested all sorts of these out over the years and work like crazy. (lower refund rates, defaults and higher customer lifetime value)

Example: You upload 6 month's worth of training, or 6 month's worth of PLR content or something else.

When the term ends, the members don't get billed any longer and they don't get any new content.

So what's the benefit of this?

When your members see a clear end in sight, they're more likely to stick around.

So instead of bailing at three months, you can get them to stick around for six months, nine months or more - whatever your term is.

Point is, people like to finish what they've started, which means more money in your pocket for you.

FTMs also come with a hidden benefit - the opportunity to build a valuable customer mailing list.

By offering an FTM, you can not only pull in residual subscription fees each month, but also drive new sales through product recommendations on the backend of your membership site.

What's The Secret To Easy Profits Using FTM?

The secret is to AUTOMATE EVERYTHING so you aren't tied each month to delivering or creating the new content. 

How do you do that?

DRIP FEED IT.

So, how do you profit from an FTM? It's simple - offer irresistible benefits and watch the cash roll in.

Charge a higher fee upfront for the duration of the term, and if your benefits are worth it, your customers will be lining up to renew their memberships.

It's like a never-ending cycle of riches, and we like to call it the "FTM money-making machine."

Building an FTM site is easier than ever, thanks to platforms like ProductDyno. With just a few clicks, you can schedule content months in advance, automate everything, and clone existing sites to quickly start profiting from.

If you're using a platform like ProductDyno you can set up these sites super fast and schedule content months ahead of schedule just with a few clicks.

Now add your new FTM membership offer to your existing sales funnels, behind your lead magnets, link to it from your blog posts or social messages.

Essentially EVERYWHERE you can!

Once you've built one site we guarantee you'll want to build more of them and with ProductDyno you can.

And with ProductDyno you can even clone an existing site and just switch out the logos and content and you're ready with the next site to start profiting from.

The revenue can mount up fast too!

Just imagine - add just one person a day to a six-month FTM site charging $20 a month, and at the end of the month, you'll have an additional monthly income of $600 for the next six months.

Create three FTM sites over the next three months, and you could cover your mortgage and car payments every month.

Just rinse and repeat for more income 🙂

So, what are you waiting for? Start creating some irresistible benefits and watch the cash roll in with your very own FTM money-making machine. 

Get started with ProductDyno today and have your next FTM membership up and running this week!

With ProductDyno it's quick and it's easy to build out these sites and so much more (it's the perfect solution for anyone selling any kind of digital product)

Get started today and get your next "FTM" membership up and running this week!