Listen "51 | Memberships - Pros, Cons, and What It's REALLY Like to Run One"
Episode Synopsis
Thinking about running an online coaching membership? They can be a great source of recurring income as well as a rewarding experience for you and your members alike. But memberships can also be a pain in the butt for creators who don’t like to churn out content or deal with turnover on a regular basis. In this episode of The Inspired Business Podcast, you’ll get some insight on what makes a membership successful, why people leave, what you can and can’t do to retain customers, and why sometimes the best thing you can do is let a member go. Highlights:What memberships have in common with prom dress shoppingPros of running a membership: changing lives and getting paidCons of running a membership: burnout for you and the buyerWhat causes members to leave a paid communityWhen losing members is a reflection on you and when it’s notHow continual market research can help you keep your members happyDon’t give in to the bells and whistles; serve within your parametersTrust your funnel Resources mentioned in this episode:CrowdcastFor details on our own membership, The Funnel Club, click HERE.Is your dream doable? Take our quiz to find out!Plus watch our FREE masterclass: How to Create and Sell Digital Products Without Feeling Stupid, Salesy, or Sacrilegious
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