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The 5 Mistakes Online Entrepreneurs Make When Creating and Launching Memberships

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Manage episode 425569038 series 3551496
Inhalt bereitgestellt von Samantha Whisnant - Systems Strategist & DFY Agency Owner, Samantha Whisnant - Systems Strategist, and DFY Agency Owner. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Samantha Whisnant - Systems Strategist & DFY Agency Owner, Samantha Whisnant - Systems Strategist, and DFY Agency Owner oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

In this episode, I discuss the five mistakes people make when creating and launching memberships from a systems perspective. I also share my thoughts and experiences working with clients who have launched memberships, highlighting the behind-the-scenes aspects and profitability of memberships.

Takeaways

  • Don't believe that a membership will be a magic fix for your monthly recurring revenue. It takes time and effort to build and grow a successful membership.
  • Have a clear transformation or promise for your membership. Make sure members know what they will get out of it and why they should stay month to month.
  • Understand the return on investment (ROI) of your membership and how it fits into your customer journey. Consider the lifetime value of a customer and their conversion rate into higher ticket programs.
  • Market your membership consistently and treat it as a core offer in your business. Dedicate time and resources to promoting and selling your membership.
  • Give your membership time to grow and be prepared for income fluctuations. Memberships are a long-term game and it may take time to see significant results.

Connect with Sam:


Ready to start building scalable systems in your business? Check out my free private podcast feed, Seven Figure Systems, where I share the biggest systems shifts you need behind the scenes as you scale from six to seven figures.

Download Now: systems-with-sam.ck.page/seven-figure-systems

  continue reading

24 Episoden

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iconTeilen
 
Manage episode 425569038 series 3551496
Inhalt bereitgestellt von Samantha Whisnant - Systems Strategist & DFY Agency Owner, Samantha Whisnant - Systems Strategist, and DFY Agency Owner. Alle Podcast-Inhalte, einschließlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Samantha Whisnant - Systems Strategist & DFY Agency Owner, Samantha Whisnant - Systems Strategist, and DFY Agency Owner oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschütztes Werk ohne Ihre Erlaubnis nutzt, können Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

In this episode, I discuss the five mistakes people make when creating and launching memberships from a systems perspective. I also share my thoughts and experiences working with clients who have launched memberships, highlighting the behind-the-scenes aspects and profitability of memberships.

Takeaways

  • Don't believe that a membership will be a magic fix for your monthly recurring revenue. It takes time and effort to build and grow a successful membership.
  • Have a clear transformation or promise for your membership. Make sure members know what they will get out of it and why they should stay month to month.
  • Understand the return on investment (ROI) of your membership and how it fits into your customer journey. Consider the lifetime value of a customer and their conversion rate into higher ticket programs.
  • Market your membership consistently and treat it as a core offer in your business. Dedicate time and resources to promoting and selling your membership.
  • Give your membership time to grow and be prepared for income fluctuations. Memberships are a long-term game and it may take time to see significant results.

Connect with Sam:


Ready to start building scalable systems in your business? Check out my free private podcast feed, Seven Figure Systems, where I share the biggest systems shifts you need behind the scenes as you scale from six to seven figures.

Download Now: systems-with-sam.ck.page/seven-figure-systems

  continue reading

24 Episoden

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