Membership Geeks Podcast with Mike Morrison

Membership Geeks
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Aug 23, 2017 • 19min

Should I Charge Monthly or Annually for My Membership Site?

How regularly you charge your members has an effect on generating sales, engagement inside your membership as well as member retention. Not to mention the implications on your business itself in terms of stability, cashflow and more. In this episode of The Membership Guys Podcast, I dig deep into the pros and cons of each type of subscription frequency; as well as present some additional and alternative options for membership billing. In this episode you'll learn: Pros and cons of monthly versus annual membership pricing Psychological triggers involved in the decision to join your membership Why offering both pricing options works even better than choosing just one Other options for membership billing
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Aug 16, 2017 • 17min

How Much Should I Charge for My Membership Site?

Deciding on your membership pricing is often easier said than done. You'll always be too expensive for some people, and too cheap for others. And until you launch your membership and actually get people signing up you have no real reliable way of testing which price-point will work best for your audience. In this episode of The Membership Guys Podcast, you'll learn the 4 key areas to factor into deciding what to charge for your membership, as well as my advice for hitting the "sweet spot" with your pricing strategy. In this episode you'll learn: The 4 key factors to consider when setting your membership site pricing Why you should NEVER compete solely on price The "rule of thumb" range for membership pricing and how it differs for B2B and B2C memberships How to find the "sweet spot" for what to charge for your membership
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Aug 9, 2017 • 19min

How to Maintain Harmony Inside your Membership Community

An active online community can play a huge role in getting your members to stick around long term. However even just a small negative element can quickly turn your community into a toxic place that nobody will want to be involved in, unless you keep on top of things and implement steps to ensure a positive environment. In this episode of The Membership Guys Podcast, I delve more into managing your community dynamic and how you can ensure your online group or forum is one that members enjoy being part of. In this episode you'll learn: Why the dynamic of your membership community is crucial for member retention The importance of setting and enforcing community guidelines What your role as community leader involves, and how you should set the tone Why it's a good idea to use real names and profile pictures
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Aug 2, 2017 • 15min

How to Inject New Life Into a Stagnant Membership

Momentum plays a huge part in your membership growth. In fact you’ll often find that there’s a snowball effect which kicks in once you achieve a certain level of growth, where everything seems to pick up speed. But what if your membership has slowed down recently and started to stagnate? What can do you to reignite that momentum and get back on track? In this episode of The Membership Guys Podcast, we look at how to reignite your membership growth and regain momentum. In this episode you'll learn: How to research and identify the core problems that have caused your membership growth to stall Two ways to relaunch your membership, and whether you should close your doors The honest questions you need to ask yourself about whether you're actually delivering value to your members Ways of re-engaging your existing members
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Jul 26, 2017 • 1h 3min

Grant Baldwin on Growing Your Membership with Public Speaking

One of the most effective ways to position yourself as an authority in your industry is through public speaking, and done right it can be a great way to grow your membership business. However for many the idea of standing up and speaking in front of a room full of strangers is the stuff that nightmares are made of! And even if you're comfortable with public speaking, then there's the question of how you actually get booked, how do you make sure your presentation is good and - importantly - how do you make it a worthwhile activity for you and your business. In this episode of The Membership Guys Podcast, we speak to Grant Baldwin from The Speaker Lab about how to get started with public speaking and use it as a platform to grow your business.
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Jul 19, 2017 • 9min

Membership Tech Reality Check

With our community of thousands of membership site owners, we see the same patterns emerging when it comes to wrestling with membership tech. People starting their site build and then 6 months later they're still stuck, spinning their wheels, trying to get everything perfect and making no progress! Often they'll blame this on the technology being too tough, but more often than not it's because of their own unrealistic expectations. In this episode of The Membership Guys Podcast, I give a kick up the backside to anyone stuck.
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Jul 12, 2017 • 47min

Jeff Goins on Monetizing your Skills & Creativity

We've all come across the concept of the "starving artist" - the notion that to pursue creativity and artistry is to sacrifice any hope of making money. Jeff Goins is on a mission to dispel this myth. Many successful memberships are built around the skills and passions of their founder; however we've seen time and time again in our community that in more traditionally "creative" industries there can be a little resistance to the idea of monetization - almost as if to do so would be "selling out." In this episode of The Membership Guys Podcast, Jeff Goins breaks down where this whole idea came from and how you can shake this mindset and effectively monetize your "art." In this episode you'll learn: Where the whole idea of the "starving artist" originated from; and the surprising truth about how wrong it is! How you can shake limiting mindsets around monetizing your creativity How Jeff Goins uses his books to sell digital products The 3 steps anyone can take to start monetizing their skills
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Jul 5, 2017 • 25min

How to Avoid Overwhelming your Members

When you either have a large amount of content inside your membership, or you’re continuously adding new content on a regular basis – there’s a real risk of overwhelming members. And when members are overwhelmed, they're less likely to stick around. This is where having a smart approach to your membership content strategy is crucial. In this episode of The Membership Guys Podcast; we look at the most common causes of member overwhelm, and the tactics you can employ to avoid it. In this episode you'll learn: Why overwhelm is a dangerous thing for your membership site A breakdown of the main kinds of overwhelm common in memberships and what causes it The "Four S's" you need to focus on in order to reduce overwhelm Managing your own workload so that you don't become overwhelmed too!
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Jun 28, 2017 • 50min

Chris Ducker on Running Live Events to Grow Your Membership

Chris Ducker is the founder of the YouPreneur membership community and the man the man behind popular events such Tropical Think Tank and the upcoming YouPreneur Summit. It's through these live events that Chris has been able to help his community to build connections and develop relationships way beyond what's possible online; and this has been a key factor in the success of his membership. In this episode of The Membership Guys Podcast, Chris shares his insights into the benefits of running live events as a membership site owner; plus his advice on how you can orchestrate your own events. In this episode you'll learn: How Chris Ducker has used live events to grow his membership community The 3 most important things to consider when organising your own live event How to choose speakers for your event and - more importantly - get them to agree Specific ways to make events extra special for your community members (and get more signups from other attendees!)
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Jun 21, 2017 • 17min

Tips and Tricks for Increasing Membership Sales

Looking to increase your membership sales? Who isn't, right?! We often find that rather than huge complex sales strategies and eye-watering ad budgets, it's usually a culmination of minor tactics and little details that end up moving the needle in terms of attracting new members. In this episode of The Membership Guys Podcast, I dish out 5 specific, quick and actionable tips that you can implement right away in order to increase your membership sales. In this episode you'll learn: What tools should you add to your sales page in order to increase conversions? The small tweak you can make to your checkout page that stops you losing sales How to use your membership content to get more qualified leads A simple risk reversal technique to increase membership sales

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