• Membership Site Strategy | Know these 5 things

  • Nov 16 2023
  • Length: 8 mins
  • Podcast

Membership Site Strategy | Know these 5 things

  • Summary

  • 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!

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    👉 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 

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    Chapters:

    00:00 Introduction

    00:35 High Ticket = Acquisition then Delivery

    01:02 A Different Approach for a Membership Model

    01:22 Why Acquisition is considered a Small Part in a Membership Model

    01:55 #1: Acquisition

    02:05 #2: Growth Rate

    02:22 #3: Retention

    03:34 #4: Up-Serve

    04:51 #5: Churn

    06:22 Less Acquisition, Do More On Retention

    06:47 Conclusion and Call to Action

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