How 5% Better Retention Can Increase Your Profits by 100%
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How 5% Better Retention Can Increase Your Profits by 100%
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About this listen
How much time did you spend this week thinking about KEEPING the clients you already have? Probably not much...
Most coaching businesses are built entirely around acquisition, aka - getting new clients in the door. That's what everyone teaches.
But almost no one is building their business around retention.
According to research, increasing your retention by just 5% can increase your profits by 25–100%.
WILD!!!
That means the difference between a struggling coaching business and a thriving one isn't your marketing. It's how long your clients stay.
In this episode, I'm breaking down:
- The math most coaches never do (lifetime value example that'll blow your mind)
- Why clients actually leave you
- What high-retention coaching businesses do differently
- Where to improve your retention by just 5% and watch your business transform
If you're tired of the revenue rollercoaster and constantly replacing clients every few months, this episode will change how you think about your business!
⬇️ CONNECT WITH KARINA:
Instagram: https://www.instagram.com/ripps_ontherun/
Work With Karina: https://linktr.ee/ripps_ontherun