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The Game w/ Alex Hormozi
The New Recurring Revenue Model...and how we have less than 1% churn... 🥩 | Ep 77
Sep 7, 2018
19:09
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Quick takeaways
- Continuously create new solutions to maintain less than 1% churn rate in recurring revenue model.
- Regularly communicate with customers, understand their obstacles, and provide tailored solutions to build trust and retention.
Deep dives
Innovative Revenue Model
The podcast discusses a new approach to recurring revenue models, revealing a strategy that has led to less than one percent customer turnover. Unlike traditional models that focus on acquiring customers and hoping they stay and pay, the podcast's method involves treating recurring revenue as a launch model. By continuously providing new value and solutions, they ensure customers are engaged and have reasons to stay, resulting in exceptional customer retention rates.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode