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ratings:
Length:
8 minutes
Released:
Nov 16, 2023
Format:
Podcast episode

Description

In this video, Lucas discusses the 5 metrics and areas you need to focus on to grow and scale your online membership. Unlike a high ticket offer where the focus is heavily on acquisition, this is not entirely the same with an online membership. Watch this video so you can increase MRR (Monthly Recurring Revenue) and Members LTV (Lifetime Value). Enjoy!---? Check out the free 'Membership Vault' here: https://lucasrubix.com/thevault---? Check out our FREE online business building book 'Monetize It' https://lucasrubix.com/book ? Take the self-study Monetize It Course to build your online business to 10K+ months! https://lucasrubix.com/monetizeit WORK WITH US! ? Check out our Million Dollar Membership coaching program here! https://bit.ly/milliondollarmembership ? CryptoLabs Passive Income Membership / Underdog Investor Group: https://bit.ly/CryptoLabsPassiveIncome ?Learn more about our CryptoLabs 8 week FAST TRACK Program here: https://bit.ly/CLabsFastTrack ? Hang out with me on Facebook here: https://bit.ly/FacebookPals Chapters:00:00 Introduction00:35 High Ticket = Acquisition then Delivery01:02 A Different Approach for a Membership Model01:22 Why Acquisition is considered a Small Part in a Membership Model01:55 #1: Acquisition02:05 #2: Growth Rate02:22 #3: Retention03:34 #4: Up-Serve04:51 #5: Churn06:22 Less Acquisition, Do More On Retention06:47 Conclusion and Call to Action
Released:
Nov 16, 2023
Format:
Podcast episode

Titles in the series (100)

Welcome to MONETIZE IT. This podcast (and our book, Monetize It) is dedicated to helping you turn your gifts, knowledge, and passion into an online coaching business. Join us for the new chapter of our Podcast and let's help you get paid what you're worth, attract amazing clients, and build a business on your terms. With Lucas Rubix and Shana Chow :)