392 - Should You Stop Cancelled Members From Rejoining Your Membership?
Description
In this episode of the Membership Geeks Podcast, I discuss whether membership businesses should prevent canceled members from ever rejoining.
While not commonplace, it's a practice that does exist! But is it worth considering?
I delve into the reasons behind this concept and how it can be detrimental to the growth and success of a membership business.
In this episode:
- Why would a membership businesses prevent canceled members from rejoining?
- What are the main drawbacks of preventing canceled members from rejoining your membership?
- How do cancellations fit into the member lifecycle and why do most membership owners view them the wrong way?
- What is the importance of member lifetime value and how does it relate to the handling of canceled members?
Thank You For Listening
We really appreciate you choosing to listen to us and for supporting the podcast.
We would be eternally grateful if you would consider taking a minute or two to leave an honest review and rating for the show. They're extremely helpful when it comes to reaching our audience and we read each and every one personally!
Finally, don't forget to subscribe to the podcast to make sure that you never miss an episode.
United States
