Course: Building Successful Online Sales FunnelsThe Subscription Opportunity

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Probably the greatest singular benefit to building in a subscription component to your online business is that of gaining the assurance of at least a repeating baseline month to month income stream. You are no longer fully at the mercy of the consumer looking to make a new purchase in order to show revenue for any given month. With a subscription model in place, you know you will be getting a repeating baseline income - plus. For Example:Amazon has built an infrastructure and auditable formulas that allow them to share these revenues proportionately with authors whose books are in the program that month.Netflix rents you all the movies you can consume monthly for only $9.00. Adobe now has a subscription model in place that allows you to rent their software monthly and will let you opt out at any time you choose.

Introduction

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Your business valuation goes up with banks because they have something they can measure when calculating whether or not to give you a loan. With subscribers, you can more easily sell your business when you are ready to. A monthly paid subscriber base shows very well in business valuation reports.With this model in place, you know exactly when you are getting paid each month for most of your business thus making your budgeting processes much easier.People will stay with you paying you from month to month much longer than they might otherwise would have, which will help to increase your monthly revenues. You can even trigger a customer to buy more of your products than he/she was originally planning to buy from you. Having a subscriber model in place if you are selling physical products helps you to smooth out monthly demand. Subscription Model Benefits

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Are you an online trainer selling training courses? Maybe you can sell these courses via a subscription model. You may be able to sell repeat services like writing, web development, etc. through subscription or retainer modelsSell products people buy on a regular basis through subscriptions such as beauty products, health products, vitamin supplements, etc.If you sell software, perhaps you can lease the usage of it monthly to people as wellSell flowers and other products through monthly subscriptions

Some Subscription Model Ideas

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There are many ways to begin subscription services to create a sustainable monthly base income stream and a little extra creativity on your part may very well get something working for you as well.This is part of my Building Successful Online Sales Funnels Course Click Here or Image to take the course at 50% off ($15) the retail price of $30!Thank You for Watching this Lecture

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The Subscription OpportunityDan GrijzenhoutThe Subscription Opportunity2016Business288624.0