kput7

joined 1 year ago
[โ€“] kput7@alien.top 1 points 11 months ago

I just received my business cards last week. Handed one to my server at dinner and asked her to pass it along to the owner next time she saw them.

Received a lead from the owner today. ๐Ÿ˜Š 1/1 so far! Ordered a really nice quality card from Moo . Com

 

Launching a brand new service, subscription based B2C market. How do you incentivize members to purchase your annual membership over monthly, and secure your profit without worrying about churn?

My product will be $3.99/mo or $39.99/yr - obviously the $8~ savings for the annual membership is one perk.

How do other companies push annual subs and what works for you? I've considered offering raffle / contest entries for annual subs - or an additional $5 discount on the annual sub for the first 100~ subs, but want to hear what truly works before committing!

[โ€“] kput7@alien.top 1 points 11 months ago

human clone that goes to work for me

[โ€“] kput7@alien.top 1 points 11 months ago

In my head - I think you're better offering 10% and letting them step into an advisory role - however still requiring them to particpate fully in the presentation (if you don't gain the funds from the incubator he isn't getting shxt, so it would be in his best interest to help secure the funds).

Once that's out of the way, let him step back into an advisor role - and either hire out help with the negotiations/logistics, or spend some extensive time learning that part yourself (courses, certs, online learning, etc).

May cost you a bit more in the start - but once you transition over to the tech-oriented phase and can phase out the additional help or have learned enough to handle it yourself you'll definitely reap the reward from 90% equity split.