How 5% Better Retention Can Increase Your Profits by 100%
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How 5% Better Retention Can Increase Your Profits by 100%
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概要
How much time did you spend this week thinking about KEEPING the clients you already have? Probably not much...
Most coaching businesses are built entirely around acquisition, aka - getting new clients in the door. That's what everyone teaches.
But almost no one is building their business around retention.
According to research, increasing your retention by just 5% can increase your profits by 25–100%.
WILD!!!
That means the difference between a struggling coaching business and a thriving one isn't your marketing. It's how long your clients stay.
In this episode, I'm breaking down:
- The math most coaches never do (lifetime value example that'll blow your mind)
- Why clients actually leave you
- What high-retention coaching businesses do differently
- Where to improve your retention by just 5% and watch your business transform
If you're tired of the revenue rollercoaster and constantly replacing clients every few months, this episode will change how you think about your business!
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