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๐Ÿ” Churn Checklist: Alex Hormoziโ€™s 14 Strategies ๐Ÿ’ช
People sign upโ€ฆ then they cancel. If you want growth, you need to keep members engaged. Hereโ€™s a 14-step checklist from Alex Hormozi to help you lower churn and keep people around. 1. Cancellation Video ๐ŸŽฅ๐Ÿšซ When someone clicks โ€œcancel,โ€ play a video explaining what theyโ€™ll miss. Sometimes a reminder of the value theyโ€™re leaving behind can make them reconsider. 2. Find the Activation Point ๐ŸŽ‰๐Ÿš€ The โ€œactivation pointโ€ is the first โ€œaha!โ€ moment. Identify what this is for your product and get members there fastโ€”first wins make lasting members. 3. Onboarding Calls โ˜Ž๏ธ๐Ÿ‘‹ Welcome new members with a call. This brief touchpoint makes them feel supported and less likely to cancel. 4. Time Unlock โณ๐Ÿ”“ Release content gradually to keep members coming back. Drip-feeding prevents overwhelm and encourages long-term engagement. 5. Level Unlock ๐ŸŽฎ๐Ÿ“ˆ Create levels with new perks or tools at each step. The sense of progress keeps members motivated and invested. 6. From Guru to Community ๐Ÿ‘ฅ๐Ÿ’ฌ Members might join for you, the โ€œguru,โ€ but keep them for the community. A space for connection fosters loyalty. 7. Encourage Pausing, Not Canceling ๐Ÿ’ต๐Ÿ’ธ Offer a โ€œpauseโ€ option instead of outright cancellation. Many people just need a breakโ€”not a full exit. 8. Smart Pricing Tactics ๐Ÿค‘๐Ÿ’ฐ Offer discounts for longer commitments. A smart pricing structure can be the difference between staying and canceling. 9. Build a Positive Culture ๐Ÿ†๐Ÿ”ฅ When members feel part of something bigger, theyโ€™re more likely to stay. Share success stories and celebrate wins. 10. Value-Pricing Balance โš–๏ธ๐Ÿ’ต Price to match value. Members who feel theyโ€™re getting a fair deal are more likely to stay. 11. Regular Community Calls ๐Ÿ—ฃ๏ธ๐Ÿ’ป Hold calls where members can ask questions, share wins, and get feedback. A connected community is a loyal one. 12. Target High-Retainers ๐ŸŽฏ๐Ÿ™Œ Analyze who stays longest and why. Target more of those typesโ€”quality over quantity pays off. 13. Reduce Overwhelm ๐Ÿ˜ต๐Ÿ“‰ Donโ€™t drown members in information. Simplify and provide value in stages to prevent churn.
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Iโ€™ve posted tips, techniques and how not to learn to swim series. With demos or me just saying how to do it and demonstrating on dry land. What else should I add or subtract from the channel? https://youtube.com/@swimwithconfidence?si=QF7EnXbuQ8BsV6T1
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๐Ÿ“ˆ How to Focus Your Business Plans Now
In this video from Dan Martell, you will learn how to start a successful business by focusing on five key elements for one year, helping you understand the importance of prioritization and resource management in achieving significant revenue growth. Link to Course: https://www.skool.com/acceleratoruniversity/classroom/f2dd406f?md=b467121cc11b4da48c342ee17ecd887b
๐ŸŒญ How can you adapt your business today?
In this video from Gary Vee, you will learn how to adapt your business strategies to changing consumer preferences in order to stay competitive and thrive in the market.
๐Ÿ’Š What essential problem does your SaaS solve?
In this video from Dan Martell, you will learn how to identify essential problems that customers are willing to pay for, distinguishing between "painkiller" solutions and mere "vitamins" to ensure your software product meets real market needs. Link to Course: https://www.skool.com/acceleratoruniversity/classroom/f2dd406f?md=b467121cc11b4da48c342ee17ecd887b
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