Month: November 2021

5 ways a membership can boost you 1 on 1 business revenues

in this video I'm going to share with you five ways that you can boost your one-on-one business with an online program if you're wondering if a membership site or if an online program could possibly fit into your business ecosystem you are definitely in the right place whether you're a coach you are a consultant your service based and you're working with clients individually this message is for you a lot of people think that you either have to work with people one-on-one or you have to have online programs but that could not be further from the truth in fact if you can manage to combine the two you can really skyrocket your business and that's what I want to share with you today so I'm not really telling you the co-founder of new software marketing and the Membership lab this is the community where we support of past clients and our future clients in building recurring revenues with membership programs the reason I'm so passionate about memberships is that by adding a membership program to your existing business ecosystem you're going to be able to achieve several things you're going to be able to expand your reach to boost your revenues to add recurring income who doesn't want financial stability right especially in the time that we are in right now you will be able to even increase your one-on-one fees if you want you you're going to be able to be more selective about the people that you work with one-on-one and you're going to be able to offer to your pricing so that you can type gather to people with different financial situations so before starting let me just say that there is nothing wrong with working one-on-one with people and in fact if you love it definitely keep doing it okay but the reality is that there is only so many people that you can work with one-on-one so if you want a bigger impact if you want to make more money and you don't want to be burned out by working too much trading time for money you have to find another solution and that solution might very well be a membership so let me share with you five options 55 chips that you can create right now to add your existing business ecosystem ready so the number one is what I call a membership that is an extension of your one-on-one business so this is a program that people can sign up to after they've worked with you one-on-one so they are for your past clients basically they are a way to stay connected with you to continue to get some type of support accountability maybe it's a monthly group call or twice a month group call where they can come and ask questions and if you have a library of content online they keep getting access to that okay now what this is going to achieve is one you're not leaving money on the table after your coaching program is done because you can offer them offer them an opportunity to continue to get your support – you bring recurring revenues to your business so instead of having nothing when the coaching program ends you get them into a maintenance mode if you want so that they can keep learning from you maybe there is a community element where they can also support each other and you keep top of mind so maybe they might be ready for your VIP coaching you know for your VIP day at some point or to join your retreat or to join another round of your one-on-one coaching so that's option number one option number two is that you can use a membership program as a place to prepare your members inside your membership to work with you one-on-one so this is for people that I've said I don't have the money I don't have the time I'm not ready this is not for me this is not a priority for me so for our price point you're gonna start to be able to build what I call the trust ladder so that's when people start to know you love you and trust you so that they will eventually join your higher ticket program okay so basically they're gonna start to get into the first phase of the transformation the initial results that's going to give them the two so that they are more ready to work with you one-on-one and get you take you up on your high ticket offer so here you're going to be essentially preparing your members to be even more prepared to work with you one-on-one so that's option number two option number three is you can use the membership as an extension of your one on one offering and I like to call this term membership on steroids actually your coaching program on steroids and what it is is that you basically position the membership as a road map as a central library of content for your VIP clients so that they can follow that between the sessions between the one-on-one course you can even use that for group coaching actually okay so basically when you work with people one-on-one you most likely give them steps to implement right and then you send them on their way and you very often you know don't hold their hand and you know you don't really have much touch points in between the sessions okay well this way you're going to give them access to a place where they can go back to and refer to in between the calls so guess what they are much more likely to have achieved the step gotten the results and as a result you're gonna get more testimonials they're gonna talk about you you're gonna get more referrals more clients but you're also gaining a big thing that we haven't mentioned yet when you do this membership type of offer is that you're going to gain time because now all the time that you were spending repeating yourself all the time with your process your framework now they can learn that online on their own terms prepare you know be prepared for the session by having gone through the content beforehand and then when they come on the session with you you can focus on the real transformation you can really go deeper into answering question listening brainstorming sort of the the session become much more transformational for the members so I have this client name is Dominic and she's currently doing one-on-one coaching and she spends up to and I run a half on sessions and she was telling me that she keeps repeating herself all the time now by creating a membership just like that so I'm gonna place the content that they can consume on their own that I really like the steps to follow we're gonna place that into a membership so that when she comes on the call she doesn't have to go through the content with every single person every time she can just focus on answering the questions so she's gonna be able to bring down the session from an hour and a half to maybe 45 minutes and the session is going to be so much more valuable for the client because they're gonna be able to go much deeper because she's not going to be in that teaching mode for the first you know like 30 minutes or so can you see how powerful that can be now I'm gonna share with you the fourth option here and this first option is really the idea is to offer a membership as an alternative to the one-on-one so this is where you can take what you do one-on-one and turn that into some trainings that they can take all their own okay so the idea here is that this is a great option if you still want to be able to do one-on-one but you want the opportunity to be able to turn on and off the faucet so maybe if you're getting burned down burned out and you don't want any more one-on-one coaching you can close down that here and just have the membership open if you want more more coaching client or you need a cash injection you can open that sheer level but what this is going to achieve is it's going to allow you to serve people teaching your method your framework supporting them in whatever it is that you do for them at different levels different price point so that you can really cater to the different financial situations that your clients are in I hope that you find this video helpful I've shared with you four options to create a membership offer that integrates in your existing ecosystem and that can really boost your business and your revenues and generate financial stability with those recurring revenues so if you enjoyed this video please give it a thumbs up please comment below and let me know what if you liked it what what is one of the options that really speaks the most to you please leave a comment below and if you're not subscribed yet to our channel click on the subscribe button and make sure you turn on notifications so that you can be notified when we post a new video thank you so much for watching and I will see you next time

Should you keep your membership always open?

should you keep your membership always open or should you use the open closed card strategy this is exactly what we're going to talk about in this video and I'm going to share with you my takes on it based on the close to 300 membership sites that we've built so far I'm Natalie the renewal co-founder of new software marketing and the membership lab and let's dive in so I've been thinking about this and going back and forth with opening the membership all the time or doing the open closed card you know structure for the membership lab and I really had to go back and think about what my clients have been doing and what works and what doesn't and I really noticed something that I think is gonna be super helpful for you ready if you have a strategy to build your audience and to build a large waiting list if you have a team a launch plan maybe you have a plan to have some affiliates that can promote the your membership and you have someone that can take care of these affiliates then yes if you do a launch you're gonna get more money and bigger a bigger number of members you know when you launch obviously and then you can spend the rest of the time loving on your pay members and creating great free content for the people that haven't joined yet might not be quite ready so that they can start to love you know you love you and trust you and join your waiting list so that they'll be notified the next time you open okay so that works great if you have the strategy to build a large audience to build a waiting list and you have em you have the team behind you to help you do that launch otherwise launching alone is almost you know impossible okay on the other hand and that is the case for a lot of people if you're alone or if you have maybe just one VA and you're not used to these big launches and they're not really excite you in fact maybe they trust you out right then you definitely want to do an always open membership okay so if you think about why you want to build a membership in the first place are you doing it for the financial stability the steady income because if you do then doing the open clothes and doing launches is not going to achieve that right because you're back into the launch mode where oh my gosh I'm spending a lot of time and money on a launch let's hope and cross our fingers that it works so your income is not going to be stable right so you're going to go like this you're gonna go launch and then it's closed maybe you lose a bit of member then you launch again maybe you lose a bit of member okay versus if your membership is always open of course it's not gonna go up as fast but not fully hopefully it's quite steady like this okay in terms of number of members alright so if you're gonna keep it always open of course you want to entice people to join so how did you do that if you don't do launches well you can do promotions you can offer limited time bonuses maybe extra group life calls on for certain period of time so that for people on the fence it's an incentive for them to join like today and not wait for tomorrow when the bonus will be gone okay so those are really the two ways that I can think of and you can definitely start with always open and then going to launch mode when when you're wrecking revenue are big enough that you can hire the team hire the planners and you know have the whole launch plan you know built for you and then go even bigger but to get started I really I would really look at what is your zone of genius do you know how to build that list do you know how to build that waiting list okay and do you have the team and the support to make that happen so I hope that you found this helpful I don't know which one you feel is the best I know some people are going into the membership route because they are tired of launching and they just want a business that is more stable in everything in every way meaning in in what they do and also in there come alright so you're not gonna make as much money you know at the very beginning but if you if your study then you'll eventually get to your goal alright so I hope you found this useful let me know in the comments what strategy you plan to use membership always open or the open class open called closed called strategy and if you're not signed up and subscribe to our YouTube channel there is a subscribe button below please click on it and give us a thumbs up and of course comment below we'd love to hear from you hear about your membership idea and your open/close cart or launch strategy alright thank you so much for watching and I will see you next time

Pivot Your Business and Add Recurring Income in just 2 days

are you interested in pivoting your business and adding recurring revenues in just two days to your business so that you can continue to support your audience your past clients and make it to a whole new level I'm not a little a new co-founder of the membership laughs and used after marketing and in this video I'm going to show you how to just do that so the key here is really to look into the people that you're already serving so if you already have clients the idea is to create a membership that is content less meaning you don't have to create hours of videos and things like that because very often what people need is they need support they need a place to ask that question very often they need a community so that they can support each other where they can keep each other accountable okay so this type of membership is actually a membership where you don't need to create content what you need however to do is to show up show up on call so maybe it's once a month twice a month with the Membership lab right now with what's happening with Cody 19 we show up three times a week in the lab to support our clients and all our members okay so the idea here is to fast-track the validation process you know of the idea is we need to go into supporting the people that you've already supported that already trusts you they've already paid you they are past clients and if you got them results and they were happy you are probably leaving money on the table anyway okay so the idea is to pick up the phone talk to a couple of past clients figure out what type of support they might need chances are they are not the only one okay then you can start inviting people it doesn't require you to create a new website anything like that right now it just requires you to take action be clear on what you're gonna be delivering what calls how it's going to happen maybe it's zoom then you can think of putting it in that inside a platform so that they can have access to the replays they can post their questions in advance and things like that okay now if you don't have clients yet and you want to do that and add this recurring revenue to your business ecosystem you can look into your audience that's your list your followers on social media so of course the relationship there is not as strong as with a past client so you're gonna have to work a little bit harder there but if you have a free Facebook group or if you've been talking to your list regularly or interacting on social media regularly find out what is their biggest pain point or what is the thing that brings them joy right now especially if you're in the hobby business right you're teaching how to paint or how to draw or whatever it is right find out what is the one thing that people would be willing to pay for now and again the best way is to talk to them right so you can say you know I can send surveys and stuff like that talk to people pick up the phone send the messenger email so that you can quickly identify what that pain point is what that problem is that you can solve and see how you can turn that into a content less membership that's focused on a community and then access to you and maybe some experts so that they can ask question they can feel listened to and it can basically get some accountability okay this membership this is something that you can come up like within like two days I literally have clients where we're going to build a bigger membership but they just got started with this and they are getting people signing up right now because you this is something you can pre-sell you can sell it now and say we start the calls in two weeks okay so that's a great way for you to not only add a new revenue stream to your business but also to pivot more online to something that's more scalable to probably what you've been doing so far okay so I hope you found this useful if you do please give it a thumbs up comment below on what your membership idea is going to be if you're watching this video until now that probably means that this was for you so let us know also join the membership lab it's de Membership lab calm and don't forget to subscribe to the channel if you and already there is a subscribe button on the bottom right corner of this video so that you can subscribe and be notified when we come up live next time thank you so much for watching and I will see you next time

AccessAlly Tutorial – How to segment your members during the onboarding process

everyone so in this video I am going to show you how using the power of accessor light we can segment our members as the join of memberships so here we are in the Membership lab our own membership and as you can see as part of our onboarding we have a section here what they can tell us if they don't have a membership yet if they are building a membership or if they already have a membership so I'm going to show you how to do that so that you can tag people and you can know right from the in onboarding where they are in the process and that could totally be in sync with your word map or your success pass okay so the first step is to create those buttons and it's achieved in access Ally by going to access a like custom operations and so you're basically going to create click on add new operation then here you're going to select add/remove tag here you're going to choose the tag for the button so you have to associate one tag per button okay so first go to your CRM create the tags then come back here and click on that thing singie here to refresh the tag then pick the tag okay so here we're going to create the button for I don't have a membership so I call this tag inactive campaign tml member status : no membership okay so that's what I want a person to be tagged in the email system when they click the button okay so that difference the tag that's going to be applied next when I scroll down here you want to click on enable to enabled this operation inside the membership so what it's going to do is it's going to create a shortcode here that you not don't need to copy right from right here actually you can but there is an easier way okay but basically here you're going to say what the button is going to say so I said that the button label should be I don't have a membership yet okay when they click on the button that is a pop-up that's going to show up so here optionally you can say you sure right oh are you sure you know especially if the the the question you know like you would use it also like if people want to cancel a lot of things like that so if you want to pop up and you want to have a message then that's why you want you would put it okay I'm not going to add it okay then you can redirect people to a URL once they've click on that for me I just say I just post a message and I say got it okay but you can say something else thank you or whatever that is okay and that's about it so once you do that you click on save and now you have this new custom operation so you can either grab this link and put it on your dashboard or I'm going to show you how I do it from from the the WordPress editor so here I'm editing the dashboard and of course this is DV because this membership was built with the membership launch box the package that we have where we help entrepreneurs build their membership so we we used it for own membership okay and basically all we did is we created a text module and then we went access Ally and then here we went to custom operation and we chose level 1 no membership this is how I called it ok and that's it then you click Save and then you have your button alright so the idea is to create a custom operation link it to a tag and then enable the operation inside the membership and then put this shortcode anywhere on the page that will create the button when somebody clicks on it it will give them that tag and it will also put a tag in the email system alright so that's basically how you segment your members when they join the membership you can of course use it you know add at any time but for us we're really using it to really have a sense of where people are when they join if you enjoyed this video click on the subscribe button below to subscribe to our channel and be notified when we have more videos available

AccessAlly Tutorial – How to manually add a member to your membership or online course

so I have been asked how do you add a
person manually to a membership without having them go through the order form
and pay okay so this is the case for example where you have alumni and
you want to give them access but you don't want them to go through the order
form process of course you can do a hundred percent discount but you can
also just add them especially if you already have them in your email system
so let me show you how that works the first thing you want to do is you want
to find out the tags that you need to give them in order for them to have
access okay so that means here that I'm looking at my offer inside access ally
I go to access ally products and I go to the offer and I see that I give
people three tags made purchase member active and lab as access right so now
I'm going to go to active campaign which is what I use for that membership and
I'm going to create a new automation that is going to be triggered by your
tag that I called tml manual add so it's a tag that you need to create beforehand
okay and that's the tag that you're going to give to people if you want to
give them access to the membership without paying okay so this is going to
be the trigger for the campaign and then all that I do is I give people these
three tags so you can choose to give people the made purchase or not for me
I just do it because I assume that they've purchased in another place and
that's also triggering the campaign to send them the welcome email okay but the
part that's really important for the actual access inside is the has access
and then for me it's also the member active because I want to have a tag for
people that are active and that have not cancelled okay and then you send this
webhook here to basically synchronize with access Ally and create the user in
access Ally okay so to find this URL you basically go to your access Ally account
and you go to course wizard and it's that URL right here okay
so then if I come back here so once I've done that
I know that when I give this tag manually in activecampaign
it's gonna give people these tags going to create that account and then it's
going to trigger the membership lab new signup automation so let me show you
that automation right here so that's the automation that people get to when they
pay right so successful payment if you come back here into my offers you see
they get the made purchase so now they are back in the same funnel if you want
right so I'm going to add people to two lists this is you can ignore this part
here this is where I basically add people as an affiliate as well but you can
ignore that part but then what's really important is they're gonna get their
welcome email okay so that's basically where they get their login password and
then I send a notification to our team to let them know that we got a new
amazing member now if you want to send a different welcome to people then what
you can do is on this campaign don't give the made purchase okay and then
here add a send email and just welcome them you know as I'm an alumni or
something like that that works too okay just make sure that you add them to the
right list if you need to alright so this is how do you manually add people
into your membership or even an online course and making sure that they have
access to the same thing as people that have paid if you enjoyed this video and
you are not subscribe to our channel yet please subscribe below and I will see
you in the next video bye

How to Setup Payment Fail Followup with AccessAlly under 5 minutes!

in this quick access Ally tutorial I'm
going to show you how to easily set up a payment failure follow-up for your
record programs okay so the first thing that you want to do is make sure that
when you create your recurring product if you're using the course
result that you have a revoke access for the revoke tag so basically every page
that is going to be created within that membership when you set it up with the
course wizard will have that revoke tag in the setup of the page so that if
somebody has the revoke tag they don't have access to the page okay so that's
what we use to remove access alright the next thing is on your product that
you create in the automation tab you want to have these three tags
the first one is payment success and this is to identify a payment successful
I'll share with you in a minute why it's helpful then you have the payment failure notification that's the one that is going to trigger a campaign and in this
video I'm going to show you with activecampaign how that works and then
here you want to put the tag that you want to set up on revoke meaning to
revoke access and that's our revoke tag alright so now we're going to go to
active campaign and we're gonna go to the payment failure automation so it is
going to be triggered by the payment failure tag that which are set up in the
product and the first thing it's going to do is it's going to remove the
payment success tag and then it's going to send a payment failed notification
sending them to the order page so that they can change their credit card okay
next what we're going to do is we're going to wait for a number of days so
I'm going to wait for four days for example let's give them four days to fix
this and then I'm going to check if I have a successful tag right your
successful payment tag successful payment
success and if I do great that means that they got the email they fix the
thing so what I do then is I remove the payment fail tag this one right and I
end the automation and we are good if not that means that in the four days they haven't
gone and fixed the thing and the payment still hasn't gone through right so what
I would do in that case for me is I would send a notification to myself and
then I will manage it manually but you can choose to send them more reminders
if you want to payment failure no action for and then you can give the name of
the person first name last name right and then here we can personalize the
email and you can put some copies so this is to send an email to yourself or
to someone on your team to please take care of this and reachout personally
or something like that add and that's it and make sure you mark it as active and
that's how you set up payment failure follow-up

Add a Cancel Button to your site in Less than 5 MINUTES!

AccessAlly making it really easy to set
up an automated cancellation process so when you're going to access Ally and
custom operations you can basically add a new operation here and in the drop
down here you're going to pick subscription action and here you're
going to select the recurring payment for which you want to be able to allow
people to cancel so for example I'm going to say my membership monthly and
this monthly as well alright then here you're going to choose the operation to perform cancel which is going to remove access at the end of the
pay period by canceled payment right now so this is what it does in fact
it's going to add the revoke access tag that you have set up in the product at
the end of the pay period so they continue to have access until it's about
to renew ok here you have what the button is going to say what the pop-up
is going to say and then what happens after after they've clicked on the
button and what message is being displayed ok so let's give it a name I'm going to call it cancel membership button I'm going to save this then what we want to do is put that
button anywhere on the site so what I like to do is to put it on the page that
is called my orders and subscriptions that is part of the membership launch
box so this is the dashboard and if we go to my orders and subscriptions here
and we're going to put it here so we're going to go edit and then here I'm going to insert the text
module in divi and I'm gonna go access Ally and I'm gonna choose custom
operations and here I'm gonna scroll down to cancel membership button just gonna
give it cancel membership button just a label so we can see what it is and click
update so next to show you how this works I'm going to go grab a
subscription that is a user that has a valid subscription so I'm going to go to
access Ally purchase log I'm going to go to subscriptions and so you can
see this one canceled by a client that's a test I did earlier so let's pick this
one ndoremieux+tplus I'm going to go to
the user tPlus so it's this one so I'm going to switch to that user so this is a really
cool way to test as a user right so now I am this user I'm not an admin anymore
alright and I'm going to go to my orders and I should see that order right here
and then I have the cancel button so if I click on that see that's the label
that we picked that's the text for the pop-up I say okay and now of course you
can change the message to make it more me you know better but that's basically
it and now if I actually come back here and switch back to be an admin and now I go back to the orders and
subscriptions subscriptions you can see that this was canceled by the client
okay so payment will stop right away and then the revoke access for that
membership product will be set up at the end of the pay period I hope that you
found this helpful let me know in the comments if you liked it and if you're
looking for more tutorial videos just let me know what you're looking for and
I might just make a video for it

4 criteria to go from membership idea to membership success

So how do you come up with a membership
idea that is almost guaranteed to work this is what we're going to cover in
this video so there are really four things that a membership idea needs to
answer in order to be considered a great membership idea that will work
ready? number one it needs to be something that actually people really
really want and by that I mean not that you think people want or that you think
you are your people and that you know what they want that you actually ask
them, that that's what they want right number two it needs to be something that
they are willing to pay for and those are two very different things right
especially when you're talking about a hobby and not something that is not about making money right so how big is the pain right or how much are they willing
to invest to actually learn that thing okay
so that's number two number three it needs to be something that they are
going to need ongoing support or ongoing learning material or accountability and
that is to cover the recurring part right you want to make sure that they're
not gonna come stay two months and then leave okay so it needs to be something
that's sustainable right where you feel you can continue to help them they will
want to stay right and then finally number four let's not forget about you
it needs to fit with your business but also with what you want to do what
you're passionate about and what you're an expert at now you don't need to be an
expert to run a successful membership but it does help right there are ways
where you can actually become the curator but that will be just subject
for another video okay so back to our four things how do you come up with an
idea that matches these four things well I guess you you figure that out right
you actually need to talk to people so you have two choices here number one you
already have an audience so you already have clients maybe you have one-on-one
coaching or group coaching or you have an online course and you have a client
base and an audience that you can survey you can talk to to figure out how you
can continue to support them next okay so those membership tend to work really
really well because you've already established a relationship people have
already spent money with you so that is that know you love you trust you factor
that usually is already there all right so this is one great way to come up with
a membership idea and then validate it by talking to them the second option is
if you don't have an audience yet so you could have an established business and
an audience but you might want to build a membership on a totally different
topic right maybe something you're passionate about and that you really
want to start building a business around it maybe building a movement or
community right and have a bigger impact sharing what you know about that topic
well if that's the case you're gonna have to do what you did for the other
business you're gonna have to start by building an audience right because this
is really the best way to get the people build an audience list build a waiting
list build an interest list so that people will tell you if they are
interested and willing to pay for it and if it's an idea that you can sustain and
that you actually enjoy talking about all day long right so all these two
options basically come down to one thing build an audience build an interest list
because if you're not able to build that interest list I can tell you you're not
going to be able to sell them the membership for sure alright so I hope you find this
helpful if you're not subscribed to the channel yet please click on the click on
the button below to subscribe so you'll be notified when we have new videos
coming up thank you so much for watching please leave a comment below if you have
any ideas on how to test a membership idea or if you have a membership idea
and you're looking for feedback just post in the comment as well and I will
see you on the next video

AccessAlly Tutorial – AccessAlly Coupons- Using 100% discount to test your setup

coupons in AccessAlly are one of my
favorites functionalities and today in this video I'm going to show you how I
use it to test setup and how I specifically do this when I do delivery
calls for the membership launch box for my clients and I show them how a
student would sign up to their course or their membership and the experience that
they will have so what we're going to do is we're going to quickly create a
hundred percent discount coupon code and we're going to apply it to another page
and you're going to see what happens that's basically when I do when I
deliver a call so here I go to access Ally products and then I go to promos
and then in promos we're gonna create a new promotion here so I'm gonna call it
coupon test so you basically have two modes for coupon but here for the
purpose of this video just gonna go through the simple mode you can select which offers it applies to and here we're just gonna go all offers because
we're just testing this then here you can decide if you want to be a
discount amount or percentage so we're gonna go percentage and I'm gonna say
hundred percent and then here I'm going to say yeah it's gotta be a coupon did
you see this here CRM activated coupon that means that you can also create
coupons that are activated by email so they are unique to every single member
so that is pretty cool so you can also have a start time and an
end time date so you can like have coupons that are good only for a period
of time I'm not gonna do that then you give it a code so I'm just gonna call it
NATROCKS not for Natalie Lussier not me
the founder of accessAlly then you can also limit the number of time the coupon
can be used so for example if you only have 10 licenses or 20 people that you
want to have join at a specific price then you can do that I'm just gonna
leave it as minus one and click Save so now that I have this
coupon NATROCKS I'm going to visit an order form so this is an example of an
order form so it's actually a two step order form I'll show you that in
another video but right now let's just say I'm going to enter an email
address I'm going to click Next and then here I get to the second part where I
should enter my billing information so it says it's 500 but with my coupon it's
going to be reduce it to 0 but I'm still going to experience the same thing right
so when I do my delivery calls I just do that I still have to fill out this
information so my address things like that then here
by checking this box you agree to the purchase condition so that's a
really cool feature I love to and then I'm just going to click on Pay Now so
what's going to happen now is the person get gets added to
access Ally and then logged in and redirected it to this page and now if I
click on access the course I'm going to be logged in as this new person it also
just sent me an email that says I've just made a sale so that's another cool
feature where you can be notified I really love this and then I am in so now
if I go to my orders and subscriptions as this new person you can see that I
have purchased this course on that date and of course this is the amount so if
it was a subscription I would see the details here but really what I wanted to
show you is the coupon and how powerful that is because you can quickly test
things right you don't have to enter a credit card but then if you want to use
a coupon for a limited time or if you want to limit the number of people that
can use it then you can totally do that so I hope you found this video helpful
if you are not subscribed to the channel yet you can click on the button below so
you can be notified when I put up new videos thanks for watching and I will
see you next time

The most Important metric for your membership site

so my clients have been totally blown
away by this tool and how amazing and how they could see the possibility for
their membership so if you have a membership site or if you plan to have
one this is a case where you're really gonna see that retention strategy is so
so so important so this is a monthly recurring revenue calculator that I have
built where you're going to be able to see how the price of your membership but
also how long people stay in your membership really goes a long way into
the health and the profitability of your membership so let's take a look so here
basically you can set up the price for your membership so say we have a
membership at 57/months and let's say that our membership is not going so well
right now so maybe two people stay two or three months okay
and maybe you manage to get a hundred members as founding members in and you
can get ten new members every single month okay so here you can
see immediately the total revenue per member and you can also see the revenues
per month right when people stay on average only three months okay now what
I want to show you is what if you can build a retention strategy so that you
people your people will stay longer say they stay ten months look at the
difference after months ten eleven twelve was the hundred you know I've
gone then you left with five thousand record revenues now on mon sneh you get
that 10k what if you could do another launch where you can get hundred more
members right imagine what that would do to your recurring revenues so when we build
a membership we want to have a bigger impact get lots of members build the
community but we also want to financial stability and recurring revenues right
and to do this I hope that you can see here that your
retention strategy needs to be set up from the beginning okay so if you have a
membership and people are not staying longer that I strongly encourage you to
look into what retention strategies are you applying today and I think I have a
couple of videos on that on my channel right but if you need any help just post
a comment below and I'm happy to chat with you so you can actually download
this calculator okay I have put a link below it's new software
slash calculator and all you have to do is go to file make a copy and save it on
your drive alright I hope you enjoyed this video if you liked it please click
on the thumbs up and sign up to subscribe to the channel so that you can
be notified when a new video becomes available
thank you so much for watching and I will see you next time