EPISODE · Aug 15, 2018 · 17 MIN
No, Average Member Retention Is NOT Only 3 Months
from Membership Geeks Podcast with Mike Morrison
"The average length of time someone will stay subscribed to your membership is just 3 months." You’ve heard that before, right? You’ve no doubt seen "experts" throwing this statistic around. Heck, if you dig hard enough I wouldn't be surprised if we've repeated it ourselves once upon a time! Well here’s the truth - that 3 month average subscription length? It’s nonsense. Utter nonsense. In today’s episode I look at where the whole 3 month myth came from and why it’s persisted - but more importantly I talk about what the actual average subscription length for membership sites is. Episode Summary: Where the "3 month average" member retention myth came from, and why it's stuck around so long. Why it's impossible to determine an exact industry average for online memberships. A more accurate ballpark average subscription length, backed up by data. Why it really doesn't matter what the industry average is, and what you should focus on instead.
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No, Average Member Retention Is NOT Only 3 Months
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