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Dean explains the exciting new plans for this podcast starting April 11th, it's new name, and how entrepreneurs will benefit moving forward to create, market, and sell subscriptions in their business!
Today's top stories to grow paid subscribers: How To Box Your Brand With A Subscription Service | The 5 Must-Haves of a Monthly Recurring Revenue Campaign | How to Focus Monthly Recurring Revenue to Ensure Success
Quote of the Day...
"The increasing importance of the recurring revenue model reflects a shift in buying preferences for both businesses and consumers."Ventana Research
Recurring Revenue Quiz Question (tune in for the answer) What type of provider am I looking to use in my subscription business if I ask them how long it takes to be active and to set up a merchant account as well as the self-serve tools they offer?
A. Payment Service Provider
B. Webhost Service Provider
C. Marketing Service Provider
D. Analytics Service Provider
Today's top stories to grow paid subscribers: Columbia House Of Horrors: How Not To Run A Subscription Business | Review: Clothing Service Allows Subscribers to Wear and Return | ‘Emotional Workouts’ Startup Offers Self-Help Classes As A Subscription Service
Quote of the Day...
"The excitement of receiving a new (subscription) box each month and trying new things each time is what really is appealing."Afnan Dahduli | Sophmore Student | College University
Recurring Revenue Quiz Question (tune in for the answer) Customers who have a great experience with your company are how many more times likely to try new offers, buy from you again, and forgive your mistakes?
A. 2 times B. 3 times C. 5 times D. 7 times
Today's top stories to grow paid subscribers: Subscription Boxes Cater To Millennials | Idea to $5,000/mo in Recurring Revenue in 5 Months | Subscription Box Service Stitch Fix Fills a Void in Traditional Retail
Quote Of The Day…
“…as average customer lifetime increases for a company, so too will the potential for upgrade and add-on sales in the growing customer base.”Matt Shanahan | Scout Analytics
Recurring Revenue Quiz Question (tune in for the answer) True or False: Over a third of our customers now spend more than half of their apparel wallet share with Stitch Fix.
Today's top stories to grow paid subscribers: Membership Sites — Why You Should Have One | Membership Has Its Privileges | Medium Lets Publications Charge For Subscriptions, Sell More Ads
Quote of the Day...
"Our world is moving towards a subscription economy."Kate Leggett | VP and Principal Analyst | Forrester Research
Recurring Revenue Quiz Question (tune in for the answer) Visits to the subscription box sites have increased by what percent over the past five years?
A. 25% B. 50% C. 100% D. 3000%
Today's top stories to grow paid subscribers: Retail vs. Subscription: The Differences (and How to Act on Them) | Everything You Need To Know About Custom Packaging For Subscription Boxes | Customer Success Management Comes of Age
Quote Of The Day...
“Do the math, and it’s not hard to see why switching iPhone users to a subscription is a diabolically brilliant business plan.”Chris Taylor | Journalist
Recurring Revenue Quiz Question (tune in for the answer) What are 2 good reasons to switch to the subscription model?
A. Indirect selling and bypassing pricing strategies
B. Better viral marketing and up sell opportunities
C. Outdo competition and increase profit margins
D. Lowers prices and makes it more flexible for your business
Today's top stories to grow paid subscribers: Men’s Health Gets Into The Subscription Box Game | Subscription Boxes: Are They Worth The Cost? | 4 Dental Companies Jump on the ‘Subscription Box’ Trend – Does it Work?
Quote Of The Day…“…the longer customers stick with Amazon Prime, the more they spend.”Mark Mahaney | Analyst, RBC Capital Markets
Recurring Revenue Quiz Question (tune in for the answer) True or False: Putting more value into the product or service at a reduced subscription cost to gain more active subscribers and increase industry reputation is considered a best subscription practice.
[BONUS SHOW] Kate Erickson of Entrepreneur on Fire shares behind scenes insights & specifics that sparked recurring revenue online into a wildfire 7-figure empire.
Learn the details of starting memberships from scratch, what software to use, and how to grow it.
Kate is the Content Creator and Community Leader at EOFire (and John Lee Dumas' “other half” in both business and in life).
Today's top stories to grow paid subscribers: What the Kardashians, Subscription Boxes And A Hairdryer Can Teach You About Success | Postmates Launches Amazon Prime-Style Subscription Service, Hits 1 Million Monthly Deliveries | Welcome to ‘Wee’ Nation
Quote of the Day...
"Once you get that first customer, as long as the price is right and your service is good, the recurring revenue should come rolling in."Blair Strasser | CEO | eMerchantBroker
Recurring Revenue Quiz Question (tune in for the answer) One way your business can embrace the subscription economy is by:
A. Providing a superior consumer experience to existing or legacy alternatives, don’t carry inventory, and don’t have direct hires
B. Offering the best looking products
C. Besides credit cards, offer PayPal as a recurring billing option
D. Deliver next-day subscription boxes
Today's top stories to grow paid subscribers: Increase Magazine Subscriptions With One Simple Trick | Drivers Subscribing to KakaoTaxi Enjoy Profit Surge | Meal Subscription Plans Deliver Dinner’s Ingredients
Quote of the Day...
“…you’ll only make a profit if you are able to keep hold of your subscribers. You do this by making sure your offerings are rock-solid, attractive, and satisfying, and that you have great customer service.”Tolu Babalola | Growth Lead | Cratejoy
Which technique did subscription business eSalon use to get a 20 to 30 percent increase in reorder rates?
A. Lowered their price for reorders
B. Used up selling of related hair care products
C. Improved the SEO of their website
D. Live video consultation
From the publisher's feed