Increase Prices to Grow Recurring Revenue

It’s likely your costs are increasing drastically, and customers know this. Consumers are accepting increased prices for almost everything including recurring reveue they buy.

How do you raise subscription prices without losing so many members that you end up with lower revenue? Raising prices is necessary in today’s inflationary times. But many subscription businesses are making the same big mistake, relying on past value to justify future subscription rate increases. Instead, here’s a checklist to raise prices, retain as many subscribers as possible and … Continued

New Disney Prime Subscription?

It’s a lot more complicated when you’re creating a new cross sell subscription or up sell opportunity for your EXISTING customers

How do you add a NEW, higher priced subscription level to your business, without competing with, or cannibalizing your EXISTING offerings? Click here to find out. The Wall Street Journal reports that Disney is creating a subscription offering similar to Amazon Prime. Dubbed internally as ‘Disney Prime’, it’s designed to be a mainstream offer that can attract many millions of … Continued

Recession Busting Subscription Growth

You have subscription growth goals, even during a recession.

How do you continue to grow your recurring subscription revenue during a recession? Click here to find out. During recessions, when consumers are experiencing layoffs, seeing friends laid off, and hearing about layoffs on social media, they cut back their subscriptions. And, while subscription businesses outpace the market during upturns, they can also outpace the downside as subscriptions are really … Continued

Monthly vs. annual payments, which is better?

Which is the best subscription. Monthly, Quarterly or Annual Payments.

There are three primary subscription terms, trial, monthly, and annual subscription. Which is best? Trial subscriptions have the highest conversion rates because they are discounting the monthly subscription charge by 80-90 percent. They have a higher churn rate than the others but usually result in more members after 12-months because of the superior front-end conversion rate. Use it if you … Continued

Stops Subscribers from Canceling

How to avoid getting canceled when your subscribers review their unwanted subscriptions.

When a Subscriber wants to reduce their costs and reviews all their subscriptions, how do you prevent YOURS from being one of those that’s cancelled? Click here to watch. Just a few years ago subscriptions were viewed as a fun and exciting way for consumers to access a wide range of products and services. Now, the entire industry is being … Continued

2 Key Steps to Subscription Retention

Subscribers have 34 reasons to quit, THIS is the #1 thing that makes them stay.

What causes new subscribers to quit, and what can you do to help them to stay? Believe it or not, there are 34 different reasons your subscribers may quit. Understanding each one helps you design an approach that makes them want to stay. Subscriber engagement is the #1 secret to subscription growth. So how exactly do you create engagement? Typically, … Continued

Subscription Stocks – Winners 💰 or Losers 💸?

Subscription Stocks -Outperforming the S&P500 by 23%!

 My subscription stocks portfolio outpaced the S&P 500 by 23.25% the last six months. But only because I left out one BIG name subscription company that would have killed my performance. While some subscription companies have generated more than 45% returns over the last six months, others have been huge losers, dropping 17%, 27%, 38% or more. Why? What … Continued

Illustrated: How to Make Your Member the Hero of His Own Story

Make Your Member the Hero of His Own Story

Have you ever been disappointed when the secret behind a magic trick was revealed to you? At first you were amazed when the trick was performed. It’s amazing to see a skilled magician executing a trick so perfectly you can’t imagine how he did it, except by some form of magic. For instance, I always thought the David Blaine levitation … Continued

Your Membership Renewal Results Depend on a Lot More Than Your Renewal Notice

Your Membership Renewal Results

When you are ready for a good cry, do a YouTube search for “marriage proposal.” There are thousands of amazing videos with gentlemen (and ladies) making marriage proposals. If it doesn’t make you emotional, nothing will. It’s impressive how many different ways there are to propose. Skywriting is so passe. There’s the surprise proposal at a sporting event, the boyfriend … Continued