The BEST Email Marketing Membership Retention Strategies episode artwork

EPISODE · Oct 4, 2023 · 31 MIN

The BEST Email Marketing Membership Retention Strategies

from The Email Marketing Show

Are you a membership site owner who worries about how to keep your members interested and engaged so they never leave? Then you're about to find out exactly what membership retention strategies you can use to retain your members month after month.We know you've worked really hard to get those people in, and we all feel sad when our members decide to cancel. So let's find out what you can do to stop people from ever wanting to leave and how your email marketing can help with that.Let's go!SOME EPISODE HIGHLIGHTS: (0:21) Join our FREE Facebook Group.(4:05) Why retaining members can feel like an uphill battle.(8:00) Create an awesome onboarding sequence.(10:51) Set the right expectations with your marketing.(13:11) Create a level of community within your membership.(15:18) How does email marketing help with retention in your membership?(16:38) Don't stop with the marketing and offer an upgrade.(22:20) How often should you email your members?(25:02) Should you send your members a round-up newsletter?(29:24) Subject line of the week.[podcast_subscribe id="7224"]Why retaining members can feel like an uphill battleIf you have a membership, you’ll see the number of active subscribers go up and down all the time, and that's normal. But when you see people starting to leave, naturally, you want to stop that from happening. So you start looking for strategies for retention. When we started our membership, The League, we definitely made the mistake of focusing on retention too soon and too quickly.Why? Because retention strategies (if employed too soon and before you have a good number of members) are small needle movers. Sure, you can always think of things to do to help your members stay, but the maximum amount of money you'll ever be able to make if you only focus on retention is whatever those existing members are worth to you every month.But if you focus on gaining more members instead, then there’s no ceiling to how much you can make. There's certainly one on retaining members, but there's no ceiling on growth. And that’s why you have a membership in the first place, right? Because it’s scalable. You'll have more gains by focusing on growth, so you need to work on acquisition first, and then you start looking at membership retention strategies. Remember - selling is the bigger lever you have to grow your business. But also, the more data you have (and you’ll have more data when you acquire more members), the more you’ll know what’s working and what you need to tweak as a result.What are some best practices for retaining members? 1. Create an awesome onboarding sequenceIf you find that people are joining your membership and immediately asking for a refund or cancelling after seeing the content, then you need to address that first. This isn't a retention problem - it's an onboarding problem. Because as soon as people join, you want them to enjoy themselves and find what they’re supposed to find.So the first thing we recommend you do is to create the best onboarding sequence you can. You want people to have a good experience and not feel overwhelmed by all the content you have. What's the first thing you want them to do? Let them know by creating an email sequence that orientates them, welcomes them, and resells your membership. If you want to find out more, head over to the episode, How To Create A Member Onboarding Sequence That Your Members Will Love. And, as we said before, remember that when people first join your membership, they’re not members yet. They might still leave within the first month or so - by cancelling and asking for a refund. So you still have to get them over the psychological hurdle of going from being a new customer to being a member. And a great onboarding sequence will help with that. 2. Set the right expectations with your marketingThe next thing you need to do is to ensure that you set the right expectations with your marketing. For example, we could sell our membership by promising people they would turn into billionaires by tomorrow. And that might drive up our front-end conversions, but it would really damage our retention because that's not how email marketing works! So that's not what we should promise (and we don't) because if people joined based on that promise, they would cancel and ask for refunds very quickly. So we do the opposite. We tell people the truth - email marketing isn’t a quick fix! But we are also clear on what can happen 3, 6, or 12 months down the line if people join and choose to do the work. So before someone's even made the decision to join (pre-sale) we're using our emails and our sales pages to set the right expectations. We tell them they're going to want to do email marketing for a long time and ask them to hang around.3. Create a level of community within your membershipWe'll caveat this one by saying that creating a community might help with your retention, but if it's not your style, it's not the be-all-end-all. We've all heard the saying that people join your membership for the outcome and then 'stay for the community'. But that’s a very broad and sweeping statement. Maybe community isn't your strongest point or what your membership is all about! Maybe you run a results-driven membership instead, and that's okay.So if community is your bag, by all means, create one. But also be mindful of the fact that people want to get results. And if they don’t, they’ll probably leave, despite how good the community is. Let's also remember that the world is changing – human beings have changed. We are more impatient and have lower attention spans than ever. We want to get results right now.People won't keep paying you without getting any results just because they don’t want to lose their friends! With social media, everyone’s connected in multiple platforms and ways, so no one really loses a community when they leave a membership. So if you want, create one. But it’s not all going to hang on that.How does email marketing help retention in your membership? One of the things we love about email is that it gives you a consistent way to show people the value of your membership even if they haven't logged in for a while. Email marketing will help you resell your membership. Because it allows you to keep in touch with your members regularly in a bunch of different ways.It could be to let them know that something new has landed and invite them to go and take a look. Or it could be a weekly roundup (something we do on a Saturday and that we'll dive into a bit more later). With email, you can direct people to specific content and things happening inside the membership so they get engaged with it and think that the membership is and continues to be valuable. It’s a weird trick that the mind does - even if you don't look at the content or use it regularly, you know you have it there for when you need it.Don't stop with the marketing!Also, remember that one of the reasons that got people excited to join your membership in the first place is the marketing you did – the promise of what’s inside. So don’t turn it off. Even if some people aren't consuming the content and doing the work, don’t stop with the marketing.And one of the ways we do that is by talking about member wins. We share our members’ stories to keep our existing members motivated if they haven’t got quite as far as others yet. And if some people haven’t logged in or haven't had the chance to do the work yet, it shows them what’s possible. It might even get them excited and motivated to get back on the wagon.So keep reminding people that your membership works. And even if someone decides to leave because they’re not making the time to take action, at least you know they’re not leaving because your solution doesn’t work. That way you won’t create any bad press for yourself. Show your members' wins and remind others that when they take action, your solution works. In turn, that motivates them to go and get results, which is what you (and they) want.Offer an upgradeAnother thing we like to do is to offer some kind of upgrade from the membership. When people buy from you again (because they've just upgraded to something else or have bought an additional thing), they feel renewed excitement and passion. For example, can you offer an annual plan to your pay-monthly members? Or can you invite people to upgrade to a different level of membership, or to join a mastermind or some sort of accelerator level?These are good membership retention strategies because they allow you to recharge and reinvigorate your members’ passion for what you teach. And that’s important because people don't necessarily choose to keep paying you every month – it’s more that you take the money from them. And that's different because it's something passive - something that happens because they didn't make the active decision to cancel.But when they’re actively buying from you again, they feel excitement. Think about it – you don’t feel excited when you see

NOW PLAYING

The BEST Email Marketing Membership Retention Strategies

0:00 31:11

No transcript for this episode yet

We transcribe on demand. Request one and we'll notify you when it's ready — usually under 10 minutes.

Big Old Life: Heather Blackbird interviews people on planet earth. Heather Blackbird loves asking questions. This podcast is a learning experience. Join me, Heather Blackbird, as I talk to people about their lives. Frequency of new episodes is a little all over the place and I'm learning as I go. Big Old Life is a small way of talking about the vastness of life, one person at a time. If you are reading this or found this podcast it's probably because someone you know gave you a link to it. :) Explicit Tales Of A Superstar DJ The Insomniac Spun seemingly out of nowhere from her complacent life in the corporate world, turned seemingly overnight from 16-Hour shift work and into the life of a literally starving artist and working musician, The Protagonist navigates her supposed rise to fame and superstardom on a journey through spiritual awakening, coming-of-age, and intimate self-realization--guided by an omnipresent force and equipped with the power of love, magic, and music. {Enter The Multiverse.} [The Festival Project] The Festival Project, Inc.™ is a multidimensional multimedia platform which encompasses exploratory and artistic social personifications and expressions on cosmic theory, spirituality, growth, health & wellness, philosophy and theoretic dynamics in entertainment such as music, design, film, television, radio, dance and festival culture, art, fashion, literature, and science. The Festival Project™ and its subsidiary Non-Profit, The Collective Complex © aims to challenge modern artistic and philosop Explicit Bitcoin Is Dead Trey Carson Welcome to Bitcoin is Dead, the ultimate Bitcoin variety show where host Trey takes you on a journey through the ever-evolving world of Bitcoin. Each episode brings new personalities, fascinating locations, and insightful conversations with politicians, educators, and innovators shaping the future of Bitcoin. Whether you're a seasoned Bitcoiner or just starting your journey, tune in for thought-provoking discussions, unique perspectives, and a deep dive into the ideas and people driving the Bitcoin revolution. Explicit The Sacred +Profane Podcast nephtaragrace The Sacred + Profane Podcast is a provocative conversation dedicated to cementing a better future for all. We specialize in unpacking the nuances of what is considered sacred and profane, particularly focusing on sex, death, and all that pertains to the circle of life. Our aim in focusing on such ”taboo” subject matter is to demystify what is unconscious, bring to light what has been known for centuries as ”the occult,” and empower the rapid transformation that is occurring on the Planet. Explicit

Frequently Asked Questions

How long is this episode of The Email Marketing Show?

This episode is 31 minutes long.

When was this The Email Marketing Show episode published?

This episode was published on October 4, 2023.

What is this episode about?

Are you a membership site owner who worries about how to keep your members interested and engaged so they never leave? Then you're about to find out exactly what membership retention strategies you can use to retain your members month after month.We...

Is there a transcript available for this episode?

Yes, a full transcript is available for this episode. You can read the complete transcript on the episode page.

Can I download this The Email Marketing Show episode?

Yes, you can download this episode by clicking the download button on the episode player, or subscribe to the podcast in your preferred podcast app for automatic downloads.
URL copied to clipboard!