In this year’s presidential election, a lot of fuss has been made over the size of a candidate’s hands and the implied size of his … well, you know. Private parts are no longer very personal. Same with numbers. I speak with many membership marketers who tell me their programs are healthy when they know they aren’t. It’s like going … Continued
10X Your Walk Away Money
What if you could increase the value of your business from $15 million to $120 million within a year? Heck, I know a lot of us would gladly take either value! But if you invested 10 years of your life into building a company, it would be a huge life transformation to get the second value, wouldn’t it? Can you … Continued
56% more revenue, without an increase in marketing
You’ve been told for years to examine when your members drop-out of your continuity program. Then, right before the month with the highest member drop-out rate, give them a gift, such as food, to encourage them to retain their membership. The thinking is that this gift will create goodwill and trigger the Law of Reciprocity so the member sticks with … Continued
Double Your Membership Now
Imagine having double or even triple the number of members in your program. What would that mean to your business? Your income? Your future growth opportunities? This (and more) is entirely possible when you Stop Your Members from Quitting. I have a new client who has 689 members with an 11 percent churn rate. With 11 percent of his members … Continued
Stop Your Members from Quitting
WARNING: This guy’s name is Churn. Every month Churn sucks money from your membership. How much longer are you going to let Churn suck away your money before you STOP YOUR MEMBERS FROM QUITTING? While Mr. Churn is not a real person, Churn is a massive problem. Every month members drop out of your membership. The rate of member drop-outs … Continued
Connecting Your Members to Each Other Will Retain Members for Decades
There are five benefits that enable you to retain your members, ROI, growth, recognition, mission, and a connection with other members. The benefit my clients give me the most push-back on is connecting their members to each other. I recently had a client ask me, “But if I connect my members, won’t my members just meet without me?” I’ve certainly … Continued
Benefits That Retain Continuity Members for Life
I hear comments like these all the time: “Members tell me there’s just not enough value to justify their monthly continuity.” “Why should members continue paying when they can get the information for free on the internet.” “Members tell me it’s too expensive, we’ve got to give them more value.” Most continuity marketers do one of two things to solve … Continued
What I Learned in the Hospital Emergency Room about Transforming Your Buyers Into a Vibrant Tribe of Members
Although it’s not unusual for me to wake up in the middle of the night, this was the first time I’ve woken up at 12:30 a.m. on a Sunday morning with sharp pain on the left side of my chest. I started to worry when I noticed my left my arm was numb, and it became difficult to catch my … Continued
Fewer than 12% of your members will stay for 2 years…
Would you believe that 88% of continuity programs average retention is less than 2-years? This isn’t a statistic you hear from the gurus selling courses on how to create continuity programs. The whole point of building these subscription and coaching continuity programs is to build a steady income, revenue you can count on and budget for each month. If members … Continued
Make sure you have all of the facts
I experienced a hilarious contradiction of ethics. Hilarious at the time, but now that I think about it more, it was actually pretty scary. Each week during the school year I teach entrepreneurship classes to high school seniors as a Junior Achievement volunteer. Junior Achievement supplies the curriculum, solicits interested high school teachers and puts them into contact with volunteers … Continued