193 - Why we love lifetime pricing
#193

193 - Why we love lifetime pricing

๐ŸŒŸ The days are counting down before we close the doors (June 24) on our un-boring coaching program... FOREVER! We want to give you all the knowledge, tools, and support to build a profitable, peaceful, and predictable calm business. Learn more about WAIM Unlimited: Past, Present & Future at https://wanderingaimfully.com/join

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Is lifetime pricing better than an ongoing membership model? What about individual course launches? And what if you only sell a $97 product? We go over all our thoughts on our lifetime pricing model in this episode and answer listener (and customer) questions!

There is no perfect way to make money with online business, but from our experience, using a lifetime pricing model to sell an online coaching program (WAIM Unlimited) OR a software product (Teachery) is a fantastic option that reduces stress, puts less overall pressure on sales and marketing, and creates a stronger connection with your customers.

Early on, we ran our WAIM Unlimited program as a membership and saw a monthly churn of 30% โ€” which is NOT good ๐Ÿฅต. After a slight positioning pivot and rebrand of the offer to a Lifetime Program, our churn immediately dropped to ~3% and felt way more predictable and a win-win for us and our members.

Lifetime pricing isnโ€™t for every business, but in this ep we share all our thoughts, lessons learned, challenges, and reasons we love it.

๐ŸŽข If you havenโ€™t ready our WAIM Journey to Enough, you can read how we reached $33,000 MRR at wanderingaimfully.com/330

๐Ÿ—ฃ๏ธ Ask us a question! Head to podcast.wanderingaimfully.com and leave a voicemail if you have any questions you want us to answer in a future episode!

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๐ŸŒŸ GET READY! Our un-boring coaching program opens for enrollment March 11 - 26! You can learn more and jump on our pre-launch email list at wanderingaimfully.com/join

โš™๏ธ Give Teachery a try today for free! Looking to create online courses with a platform that lets you customize everything? Give our course software a 14-day free trial at teachery.co

๐Ÿ’Œ Want to get a weekly jolt of business inspiration and learn tactics and strategies that can help you increase profit, save time, and enjoy your work more? Sign up for our weekly email at wanderingaimfully.com/newsletter