Kitchen_Economics182@alien.topBtoEntrepreneur•Subscription-based model, how do you incentivize members to purchase annual membership?English
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1 year agoI’ve done this, it works:
Allow anytime cancellation with a small cancellation fee, it’s a win-win for both parties. Incentivize with the discount and allow them the freedom to cancel and not be completely screwed, you still make money either way. You can scale the cancellation fee to how long they’re into their cycle.
It’s just you, we’ve had our best year ever so far.