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Entrepreneurship

Empowering subscription businesses with Recurring Payments Automations [Video]

ActiveCampaign empowers subscription businesses with the automations necessary to increase customer lifetime value (CLV), drive AOV, and reduce churn. Recurring Payment automations enable subscription businesses to deliver superior customer experiences needed to foster loyalty, increase retention rates, and drive sustainable growth. By automating tasks, personalizing communication, and proactively addressing customer needs–businesses can create seamless and engaging subscription journeys that keep customers satisfied and coming back for more.Available for ActiveCampaign customers powered by WooCommerce.Maximize customer engagement throughout the subscription journey by setting up automated email campaigns to engage customers at pivotal moments throughout their subscription journey, starting with a welcome email to nurture their loyalty.Boost revenue with automated cross and upsell campaigns with the help of our intelligent Product Recommendations feature, create strategic email campaigns that recommend complementary products or enticing upgrades.Reduce churn with advanced segmentation and unique offers to customers based on criteria such as subscription tier, purchase history, or engagement to foster a stronger connection with customers.• Learn more at https://www.activecampaign.com/ecommerce/recurring-payments • Welcome Sequence Recipe https://www.activecampaign.com/marketplace/recipe/welcome-sequence-to-new-recurring-payments-customer • Content Digest Recipe https://www.activecampaign.com/marketplace/recipe/content-digest-email-for-recurring-payments-customer • Win-Back Customer Recipe https://www.activecampaign.com/marketplace/recipe/win-back-email-for-recurring-payments-customer • Product Recommendation Recipe https://www.activecampaign.com/marketplace/recipe/product-recommendation-for-recurring-payments-customer• How to Get Started with a Subscription Business in 8 Steps www.activecampaign.com/blog/get-started-subscription-business Subscribe for more tips, information, and marketing best practices!Connect with ActiveCampaign on social!LinkedIn: https://www.linkedin.com/company/activecampaign-inc-Instagram: https://www.instagram.com/activecampaignFacebook: https://www.facebook.com/activecampaign/Twitter: https://twitter.com/ActiveCampaign#CustomerExperienceAutomation #EmailMarketing #MarketingAutomation #CRM #SalesCRM #EmailDeliverability #SalesSoftware #MarketingSoftware #Email #SalesAutomation #Newsletter #CustomerExperience

Categories
Entrepreneurship

Starting a Business – You Will FAIL Without This! [Video]

Your new business will FAIL if you do not do this! Starting a new business is easy, but your business will struggle to grow without a recurring revenue model. With 9 out of 10 new businesses failing in the first 10 years and approximately 50% of businesses failing in the first 5 years, it is vital you watch this video before starting a small business.If you are setting up a new business you must ensure that recurring revenue is a key part of your business plan. A lot of people often spend time researching how to start a business, however, very few resources highlight the importance of recurring revenue.When people become self-employed and set up a Ltd company, they often focus on marketing and sales. Unfortunately, many of these sales will be one-off payments instead of recurring revenue streams.Most businesses have the potential to generate repeat income so make sure you take some time to think about how your business could do this.If you are looking for recurring revenue business ideas, I would recommend subscribing to the channel as I often talk about my passive income businesses.Does your business focus on recurring income streams? Let me know in the comments below!

Categories
Entrepreneurship

Secrets to Starting a Business and Earning Passive Income with Hiten Shah [Video]

We’re definitely talking about passive income today with our friend, Hiten Shah.I’m so grateful to have Hiten on. He revealed some secrets that I’ve never heard before. Things he’s never shared before. They’re things he’s actually implemented.We talk about his new business, and how he’s applied these secrets to his business.If you’re an entrepreneur and you’re thinking about starting a business, or you want to make sure your business idea is validated and it’s a perfect product market fit, we’re going to remove the guesswork for you today in this episode.We also talk a little bit about cryptocurrency and NFTs. Hiten is big into that world. It’s something he does for fun and money. I’m going to dissect his brain in relation to that, as well.There’s so much gold here in today’s show. I’m sure you’ll enjoy it!Today’s GuestHiten ShahHiten Shah is the Co-Founder and CEO at Nira. Hiten has started multiple software companies since 2003 including Crazy Egg, KISSmetrics, and Nira.You’ll Learn• The advantages and disadvantages of self-funding vs. outside investment• Why you need to have a clear understanding of the story behind your business• Three things you should do when starting your business to improve your chances of success• What to give your audience when you’re first starting out• Why you don’t have to be different to be better• Hiten’s secret for understanding the market for your product• How to confidently & accurately price your productSubscribe to the podcast → https://smartpassiveincome.com/shows/spiFollow Pat Flynn → https://twitter.com/patflynn