Customer Retention

Determined Diva

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Hey everyone
I have been contemplating on membership business models.

1. Would you say they're beneficial in the long run?

2. What does customer retention rate depend on according to you ?

3. Do you drip feed your subscribers ?

4. Do you think high price points attract the right clientele or keeping it dirt cheap does the trick? I know it depends on the quality, quantity and nature of service you're providing but how have the price points changed or how have they been fluctuating?

5. Recurring or one time payment?

I'm doing my research on membership sites and it's sustainability.


Thank you for your time guys.
 
1. Yes

2. Quality of the content

3. Not sure what you mean by this

4. I keep my content mid-priced to attract all sorts of people

5. Recurring all the way
 
But I assume those price points would change depending on the niche? eg if there's much competition or not.
 
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