The Membership Guys Podcast - Practical Advice For Membership Website Owners

232 - Should You Charge a Joining Fee for Your Membership?

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Sinopsis

Are you thinking about charging a joining fee for your membership? A joining fee is an arbitrary fee that new members pay on top of their first monthly payment. If you ask me, I think that joining fees are unnecessary and there’s often no real justification for it. However, there are situations when a joining fee may be necessary. If you’re considering having a joining fee for your membership, make sure you listen to this episode of the podcast or read the blog post, where I dive into the topic of joining fees and explain everything you need to know about them. Essential Learning Points: Why joining fees are usually nothing more than unjustified arbitrary fees The hard truth that if someone is charging joining fees, they may not have their member’s best interests at heart How to control your members access to your back catalog of content Legitimate reasons when a joining fee may be appropriate Key Quotes: “They've realized that no one is staying in the membership for more than two or three months.