Description

What We Cover In This Episode:

• What to consider on reporting of intro offers, purchased and expiring [3:35]
  
• Tips for if you’re looking to adjust your intro offer or pivoting your business model [5:04]
  
• How to identify conversion data within the fitDEGREE system [6:31]
  
• The difference between most sold versus most converted [8:01]
  
• Ways to pull your total sales reports [10:12]
  
• What you should focus on when looking at your membership reports[12:27]

Quotes:

“Reports are something that you have to look at every single day, to make sure you are running your business effectively and making strategic decisions.” [1:28]

“Trends change, so it is important to test things out and remember you have to test them out for at least 60 days, or ideally, 90 [days].” [8:43]

“We want to really look at where the revenue division is. Are we seeing revenue from class packs, or are we seeing revenue from memberships? I think sometimes we forget about the value in our class cancellation policy.” [11:08]

“With the memberships that are on auto-pays, you can actually make projections on that and be able to make strategic decisions.” [13:13]

“We have to get into a business mindset if you want to have your business be sustainable, but also to enjoy it.” [15:02]

LINKS:

support@fitdegree.com

https://www.facebook.com/groups/fitDEGREE

https://www.fitdegree.com/post/member-retention-for-long-term-growth