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16: The Truth About Membership Retention (& Why Nothing You've Tried is Working)

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Manage episode 466591808 series 3575125
Content provided by Natalie Taylor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Natalie Taylor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Running your membership like a course creator is bad for business.

Unfortunately... it's also the default. If you plan your membership content by asking questions like:

❓ What topic should we cover this month?

❓ What's been on my mind lately?

❓ What would members find interesting?

❓ What ideas do I want to share?

Then you're defaulting to something I call "Idea Thinking".

This is one of the most powerful things you can do in your business — but it's terrible strategy if you want to improve your retention and recurring revenue.

The antidote?

💫 Action Thinking. 💫

​Actions First, Ideas Second is one of the three essential Membership Design Principles I'm laying out in this episode.

If you ever:

➡️ Feel resentful of how much you're doing in your membership

➡️ Don't know why members aren't taking action on your brilliant ideas & resources

➡️ Have tried a few things to improve your member retention, but you're still not happy with your recurring revenue

➡️ Worry that you're cluttering your membership with too much stuff — yet you're afraid to do less, in case that undercuts the value of your offer

This episode will shift the way you think about your membership.

Links and Resources:

🔷 The DESIGN Intensive 🔷 work with me 1:1 to grow your member retention and recurring revenue in the next 90 days (and get money-making membership assets done for you) → themissingink.co/design

Contact Natalie: themissingink.co/connect

See how you can work with Natalie: themissingink.co/services

Read this podcast in article format & check out the shownotes:

https://themissingink.co/listen/16-truth-about-membership-retention

Follow on Social Media:


  continue reading

18 episodes

Artwork
iconShare
 
Manage episode 466591808 series 3575125
Content provided by Natalie Taylor. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Natalie Taylor or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Running your membership like a course creator is bad for business.

Unfortunately... it's also the default. If you plan your membership content by asking questions like:

❓ What topic should we cover this month?

❓ What's been on my mind lately?

❓ What would members find interesting?

❓ What ideas do I want to share?

Then you're defaulting to something I call "Idea Thinking".

This is one of the most powerful things you can do in your business — but it's terrible strategy if you want to improve your retention and recurring revenue.

The antidote?

💫 Action Thinking. 💫

​Actions First, Ideas Second is one of the three essential Membership Design Principles I'm laying out in this episode.

If you ever:

➡️ Feel resentful of how much you're doing in your membership

➡️ Don't know why members aren't taking action on your brilliant ideas & resources

➡️ Have tried a few things to improve your member retention, but you're still not happy with your recurring revenue

➡️ Worry that you're cluttering your membership with too much stuff — yet you're afraid to do less, in case that undercuts the value of your offer

This episode will shift the way you think about your membership.

Links and Resources:

🔷 The DESIGN Intensive 🔷 work with me 1:1 to grow your member retention and recurring revenue in the next 90 days (and get money-making membership assets done for you) → themissingink.co/design

Contact Natalie: themissingink.co/connect

See how you can work with Natalie: themissingink.co/services

Read this podcast in article format & check out the shownotes:

https://themissingink.co/listen/16-truth-about-membership-retention

Follow on Social Media:


  continue reading

18 episodes

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