MBA2336 How To Sell Subscriptions in Any Business in 2023 + Free Ride Friday
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 14 July 2023
⏱️ 12 minutes
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| 0:00.0 | Heyo, welcome to the $100 M.B. A show,ical Business Lessons for the Real World. |
| 0:14.6 | I'm your host, your coach, your teacher Omar Zen Home. |
| 0:17.7 | I'm also the co-founder of Webinar Ninja, an independent software company I started back in 2014. |
| 0:22.4 | In today's episode is Freight Friday on Freight Friday. software company I started back in 2014. |
| 0:22.7 | In today's episode is Free Ride Friday. |
| 0:24.4 | On Free Ride Fridays we give away a lifetime membership to the $100 MBA program. |
| 0:28.9 | If you want to win a free ride to our six-part program showing you how to become a better entrepreneur, 100 |
| 0:34.6 | percent guaranteed. Leave us on Apple Podcast rating and review and you enter |
| 0:38.1 | our weekly random draw we call Free Ride Friday. Listen in on Friday |
| 0:41.5 | just like today to see if you won we announced this week's |
| 0:44.3 | winner a little bit later in the episode. |
| 0:46.2 | In today's lesson you will learn how to sell subscriptions in any business in 2023. Subscriptions are a great business model or pricing model that gives continuous value to your customers and gives you that reoccurring income we all are looking for. |
| 1:03.8 | It doesn't matter if you sell a physical product or a service or a course or a coaching program, |
| 1:09.8 | you can install a subscription offering for your customers that can give you more stable income, |
| 1:16.4 | but more importantly, raving fans and customers that love what you offer day in and day out. |
| 1:22.1 | As consumers, we're part of the subscription world all the time, |
| 1:25.2 | whether it or subscribe to Netflix or Spotify |
| 1:27.8 | or Amazon Prime or our local gym. |
| 1:30.3 | But how do you create a subscription service for your customers regardless of your business? |
| 1:36.0 | Well, we're going to break it down in today's lesson. |
| 1:38.0 | We're going to talk about what are some of the best subscription models, how to introduce it into your pricing or value metrics, and how to test an experiment |
| 1:45.5 | on price to make sure you hit that sweet spot where you're making the maximum amount of revenue |
... |
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