Community First: The Key to Retaining Loyal Customers with Sarah Williams
Manage episode 432736393 series 3299978
Sarah Williams is the founder of Launch Your Box, a platform dedicated to helping entrepreneurs start, grow, and scale their own subscription box businesses. With a background in retail, Sarah successfully transitioned from a brick-and-mortar gift shop owner to an expert in subscription-based business models. Since launching her own subscription box in 2017, she has worked with thousands of subscription box entrepreneurs through her programs, Launch Your Box and Scale Your Box. Sarah recently published her first book, "One Box at a Time," to share her journey and extend her expertise to a broader audience. Ken "Mr. Biz" Wentworth hosts Sarah Williams, founder of Launch Your Box, to delve into the world of subscription-based businesses. Sarah shares her entrepreneurial journey, revealing how she transitioned from a brick-and-mortar store to successfully launching a thriving subscription box service. She discusses the importance of building a community, getting visible on social media, and having a strong value proposition. Additionally, Sarah highlights key tips on retention and reducing churn to grow a subscription business. They also explore insights from her upcoming book, "One Box at a Time." Key Takeaways: -Sarah stresses the importance of being proactive on social media and other digital platforms to reach a broader audience. -Focus on retaining current customers to reduce churn and enhance recurring revenue. -Ensure your subscription offer is unique and well-defined to stand out in the market. -Cultivate a community around your brand to increase customer loyalty and word-of-mouth referrals. -Don’t let the fear of failure hold you back from pursuing your entrepreneur
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