Online content libraries are a great way to bring in recurring passive income each month.
Subscribers join your library for a monthly fee, have ongoing access to all of the resources, and you receive a steady monthly payout - all without doing too much extra work, other than adding a couple new items each month.
Online libraries are also a fantastic incentive for people to subscribe to your list if you’re hoping to give the content away for free.
But as with any new digital offering, it can be a headache trying to figure out how to set up a new content library from scratch.
I remember all too well. Three years ago I setup my own online subscription library (creatively named The Library), and here’s exactly how I did it.