Archive | retention

Insider Bonus: How To Increase Retention Rates With Monthly Bonuses

Attracting new members is always a good idea.

But keeping those members is just as important.

How is your retention rate at the moment? What steps are you taking to sustain or improve your current retention rate?

Could you be doing more?

This Insider Bonus looks into improving retention rates with the use of specific bonuses.

Get all the details here…

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Coming Soon: Insider Bonus: How To Increase Retention Rates With Monthly Bonuses

It’s always nice to get a little extra.

That is where a special bonus comes in. A little something that just makes the experience that much better.

This could be a free car wash when you fill up your tank with gas.  Or maybe a salad gets added to your order when you buy a pizza.

The point is, bonuses are appealing.

But how can they help with retention rates?

Please keep reading for more details.

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Core Training: The Fundamentals Of Retention

What do successful membership sites do that failed membership sites don’t? A lot membership site owners thinks it’s some fancy trick or gimmick, but it’s really just simple, boring fundamentals.

Successful membership sites do two things: 1) they focus primarily on member retention and 2) they follow some simple fundamentals that lead to high retention rates.

If you wanna see what we’ve learned about member retention through years of running our own membership site and working with tens of thousands of membership site owners then check out this video:

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Core Training: How To Knock Your Members’ Socks Off So They Never Cancel

The average lifetime value of a Starbucks customer is $14,099 (according to KissMetrics). How does Starbucks achieve such a high customer lifetime value?

And, more importantly, what can you learn from them to increase your membership site’s retention rates and monthly revenue?

We go behind-the-scenes of Starbucks’ secret in this week’s Core Training. Watch below:

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