Well-Oiled Operations with Stacy Tuschl #86: How to Use a Subscription Service in Any Business, with Stacy Tuschl
Stacy Tuschl is a speaker, business coach, and the owner of The Academy of Performing Arts in Wisconsin. She is the author of the book "Is Your Business Worth Saving?" where she reveals proven strategies for pulling entrepreneurs out of a rut and launching them toward business success.
Today we are going to chat about making sure your business has consistent revenue coming in each month. I am going to briefly explain why every type of business really needs to stop finding one off customers and start building ongoing relationships with them.
Some highlights include:
If you don't think your business can have some sort of consistent monthly revenue, I can promise you think again. Your business does have a way of offering an ongoing product. (minute 1:00)
One book that really opened my mind was John Warillow's book "The Automatic Customer." We're going to be talking about the 9 different way John discusses in his book about to do the subscription based model.
These are the 9 models that we will be discussing:
- The membership website model (minute 2:00)
- The all you can eat library model (minute 3:00)
- The private club model (minute 3:00)
- The front of the line model (minute 4:00)
- The consumables model (minute 4:00)
- The surprise box model (minute 5:00)
- The simplifier model (minute 6:00)
- The network model (minute 6:00)
- The peace of mind model (minute 7:00)
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