Like many other hobbies, reading is a pleasurable activity that opens the mind to new knowledge through letters. Reading becomes an adventure when done with other avid readers who want to discuss and share their discoveries. So, as social creatures, when a book speaks to us, transforms us, or consumes us, we always want to share the experience with others, most often through a book club.
As a bookstore owner with a book club section focused on women's personal development and growth, the Covid-19 pandemic changed the experience of having the traditional book club to that of a digital sphere, resulting in a decline in book club patronage. Unfortunately, despite the restoration of regular activities following the pandemic, many readers prefer the convenience of virtual clubs.
Starting A Digital Book Club
So, to continue my passion for bringing readers together to discuss and share their experiences, I created an online book club via a Facebook group. The group was intended for readers, particularly women, no matter where they lived or the time zone. Aside from reading and discussing various books, the group also serves as a platform for book purchases, personalized recommendations, and reviews of various authors' new releases.
Unfortunately, unlike traditional book clubs, it wasn't easy to develop a viable business model or monetize the online club, particularly with Facebook groups. And, because the club is exclusive to only women, a registration portal was required to accommodate the targeted readers. Thus, looking for alternatives to manage the club membership and monetize access was necessary because it was not entirely feasible to have a management gateway for Facebook groups.
The Challenges Of Monetizing The Digital Book Club
However, due to the club's unique appeal to women, a membership fee was required to access all of the services and amenities of the club. As a result, a platform for processing membership fees is needed to manage the club. So, to simplify member management, I decided to use membership management software to process payments and manage member databases. After all, using membership software is a great way to monetize the club and provide exclusivity to the desired readers.
But setting up the membership software was expensive, which presented a significant barrier to use. In addition to being expensive to set up, these platforms are not appropriate for communication, as the book club requires virtual meetings for members to interact and share their reading experiences. On the other hand, video conferencing apps could have been adopted for virtual meetings, but they also have their limitations. For example, some free versions of video conferencing apps have a limited time to host a session, and this could be frustrating when you have to restart the meeting every time there's a lost connection.
Hosting Book Club Using Discord
Remarkably, I discovered Discord, an instant messaging app that effectively manages community members regardless of size and can also be used for audio and video interactions within the club. This was a better alternative to using expensive management software without getting the desired result. In addition, hosting the club on Discord was remotely convenient, as there was no limited and lagging session. However, despite the numerous features available with Discord, particularly about automation of activities, my main concern was accepting payment through the platform. As a result, I needed a bot to manage the club on Discord so it could fully function as a members-only group.
The Cwallet Subscription Bot Solution
After several attempts with various bots, I came across the Cwallet exclusive bot, which automates activities on Discord and manages membership with its unique subscription features. (By the way, I'm not affiliated with Cwallet and am simply sharing my personal experience with the platform.)
The Cwallet Subscription Bot enables me to create club membership tiers with an optional free trial that gives members an insight into what to expect. Furthermore, the bot automatically manages the club, urging free trial members to activate their subscriptions and removing members who do not begin a subscription.
Why The Cwallet Bot Is Unique
The Cwallet bot also allows me to receive payments directly in cryptocurrency from participants, eliminating the need to manually validate the subscription. The interesting part is that I don't have to pay any transaction fees to receive payments, and payments are made directly into my crypto wallet, where deposits and withdrawals are free! Furthermore, the bot maintains the channel payment automatically, notifying subscribers of payment due dates and removing defaulting subscribers.
The Cwallet bot solves the problem of managing membership and processing payments for my book club. As a result, I was able to manage reader requests, host a video session, and share ebooks with club members using the Cwallet bot.
Cwallet: The Solution To Your Business Growth
You can't go wrong with using the Cwallet Bot to increase your club’s participation and exposure. Furthermore, Cwallet will save you time and energy while seamlessly carrying out your tasks.
Getting started with Cwallet is easy. Create a Cwallet account immediately, and enjoy the numerous features available such as the tip code, giveaway tool, airdrop game, mobile refills, bulk payment, invoice request, etc. Cwallet is the one solution you need for your business growth.
You now know how I successfully monetized my digital book club without the use of expensive management software or other membership tools. To achieve a similar result as mine, follow these detailed instructions for customizing the Cwallet subscription bot to manage your group activities. As a result, with Cwallet, you are on your way to continuously growing your business.
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