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Make Money as a Life Coach®

Ep #287: Counting Renewals as Revenue

Jun 26, 2024
Learn why renewals count as revenue and are a true indication of your product's quality. Discover the value of repeat buyers in growing your coaching business. Explore the significance of customer trust, satisfaction, and renewals for long-term success.
21:20

Podcast summary created with Snipd AI

Quick takeaways

  • Recognize the value of celebrating renewals to acknowledge client satisfaction and product quality.
  • Loyal customers drive sales and revenue, showcasing marketing effectiveness and product quality through multiple purchases.

Deep dives

Importance of Celebrating Renewals

Recognizing the importance of celebrating renewals is emphasized in the podcast. The speaker highlights how renewals are often underrated and not given the credit they deserve. By dismissing renewals, individuals may overlook the significance of repeat clients in generating revenue and indicating the quality of their product or service. It is suggested that every renewal signifies the value of the product and demonstrates the trust and satisfaction of the client.

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