Membership is a monthly recurring income and gives extra value to your students. Membership gives access to all your live and on-demand offerings.
This is a great way to build recurring revenue as the membership auto-renews monthly for your participants. And, to offer added value with ‘member-only’ access to videos and audios.
You can also add a 7 day free trial that is prompted automatically for every new member.
Notes & Recommendations:
- Describing what is included in your membership - how many on-demand videos monthly and live classes? Summarize what's included
- Price membership so there’s more value to membership than paying each time they can attend.
- Note - it is the same price for all members, if you increase the price it will automatically renew for all members the beginning of the next month. You can use this to ‘launch’ membership by offering a lower rate for one month before switching to the regular rate. For example, before X date, membership will be 50% off, signup now, it will go to $X on X date
- Want to link directly to membership? Use ?tab=packs&membership to the end of your URL. For example: https://vstudio.live/instructors/YOURPROFILEHERE?tab=packs&membership/
- Our transaction rate is 10% for membership