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Is a Membership Model Right for Your Business? Print

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An honest assessment.

WHAT MAKES MEMBERSHIP WORK

Something valuable that continues A reason to stay, month after month Enough material to sustain it

THE HARD PART

Not launching. Sustaining.

A membership needs new value regularly or people leave.

WHAT PEOPLE UNDERESTIMATE

How much content a monthly membership consumes How quickly churn erodes a member base How much support members expect

THE CHURN MATHEMATICS

If you lose a tenth of members monthly, you must recruit that many just to stand still.

Retention matters more than recruitment.

WHEN MEMBERSHIP SUITS

Ongoing professional value A community people want to be part of A service delivered continuously

WHEN IT DOES NOT

A one-off body of content, which suits a course Something people need once Anything you cannot sustain

THE HONEST TEST

Could you produce value for members every month for two years?

If not, sell a course.


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