Subscription Prescription | Weekly Doses to Boost Ecommerce Revenue

The Art & Science of Subscriptions | What to Test to Grow Subscriptions (Part 2)


Listen Later

Knowing how to grow subscriptions comes down to science as much as art. In the second part of this two part dose, Matt explains what to test and how to test it within your program to see improvements on revenue and retention.

00:00 – The Science of Subscriptions
01:50 – What to test as part of the buying experience
02:50 – When to test upsells during the subscription purchase experience
03:25 – Pay attention to what products are already bought together or performing well
04:18 – For starter kits, testing what you include to improve conversions
04:30 – Testing product page design elements
05:30 – Instead of steep discounts, test including another product to improve the value
06:15 – Looking at different user segments to see which ones are the most valuable
07:20 – Testing questions on post-purchase surveys to understand customers better
09:11 – Science behind email marketing for upsells and offers during subscription
11:42 – Test what you include as part of the unboxing experience
12:51 – Retention testing starts with cohort segmentation
13:40 – Looking at what products perform the best on subscriptions
15:48 – Highlight the products and bundles that perform best
17:05 – Testing cancelation flows to keep subscribers longer
18:00 – If you’re under 1,000 subscribers, keep focused on acquisition
18:12 – Once you’re over 1,000 subscribers, pay more attention to the science
19:00 – The difference between art and science when building subscriptions

Sample cohort retention report: https://share.zight.com/Wnu6xb5d

Subscribe to my newsletter: https://thesubscriptiondoc.com

Join our workshop series, the Art & Science of Subscriptions: https://subscription-prescription.circle.so/events
...more
View all episodesView all episodes
Download on the App Store

Subscription Prescription | Weekly Doses to Boost Ecommerce RevenueBy Subscription Doc

  • 4.7
  • 4.7
  • 4.7
  • 4.7
  • 4.7

4.7

15 ratings


More shows like Subscription Prescription | Weekly Doses to Boost Ecommerce Revenue

View all
How I Built This with Guy Raz by Guy Raz | Wondery

How I Built This with Guy Raz

30,256 Listeners

My First Million by Hubspot Media

My First Million

2,616 Listeners

Limited Supply by Nik Sharma

Limited Supply

148 Listeners

Subscription Box Answers by Liam Brennan

Subscription Box Answers

6 Listeners

ASOM Pod by ASOM Pod

ASOM Pod

10 Listeners