Every new business quickly realizes that revenue coming in every period on a committed basis is the Holy Grail to survival and growth. According to many experts, getting new customers is five to ten times harder than getting additional revenue from existing customers. Thus the subscription model (low fixed monthly payments), is rapidly becoming the norm for new products and services.





Comments


Written by lyceum
3530 days ago

I will check out “The Automatic Customer” by John Warrillow for my future tea hobby business and see if I can do a version of the Wine Club a la @Garyvee! ;) He gave that tips in his book, Crush It.



Log in to comment or register here.
Subscribe

Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!