Heyo! Welcome to the $100 MBA Show. The Business Podcast helps to become better at business

with every single episode. I'm your host, your coach, your teacher Omar

Zenholm. I'm also the co-founder of the $100 MBA and Webinar Ninja.

And if you're new to the show, this is the podcast that helps you become better at

business with actual lessons. We give lessons on every episode, no banter, no

backstories, no interviews. We've been doing this since 2014 with nearly 900

episodes and

hundreds and thousands of people start their business with just

the podcast lessons.

Speaking of lessons, today's lesson is about how to turn your e-commerce store into a SAS business.

If you're unfamiliar with the term SAS, it's software as a service.

Now you're not going to turn your store of physical products into a software, but it's a term

known as like a reoccurring membership model where a customer will pay a monthly fee or an

annual fee and get benefits every single month or year. The reason why

this is a good idea to turn an e-commerce store into a SAS business is that you get regular

predictable income. Every SAS customer has a monthly fee or an annual fee so

you know how much money you're going to be making by the number of customers

you have opposed to you know one-off customers that buy a product from your e-commerce store

and never come back. We all know how hard it is to secure a new customer. Let's

secure them for a long term. Let's secure them for some reoccurring charges so that we can continue to give them great

value.

Now this is not some way to just make some money off for customers.

...