My Daily Business Podcast A quick way to make more money
In this episode, Fiona discusses the concept of recurrent revenue and its significance in stabilizing businesses. Fiona shares a personal experience, provides strategies for implementing recurrent revenue models, and highlights the importance of post-purchase marketing and customer retention. Tune in!
You'll Learn How To:
- Recurrent Revenue and its importance in stabilizing a business.
- How businesses can set up their backend systems
- Examples and strategies for different types of businesses
- The importance of post-purchase marketing
- Nurturing customer loyalty through incentives and rewards.
- Benefits of recurrent revenue in achieving financial stability for a business.
- Retention and Churn Rate
- Analysing customer data to identify opportunities for recurrent revenue and customer retention.
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