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š The Best way to use Skool Communities
learned this the hard way
Good to see you again
On the topic of Skool again, I want you to learn From the biggest mistake that I made with my Skool
You see, in the beginning, I made it a $15/M Subscription.
Now, while in theory, this is a good idea
In reality, itās a completely āterrible idea
The reason that itās terrible
is that you're not aware of the term āchurn rate.ā
Or, in other words, people leaving your community.
Thatās what happens to most school pages in reality;
They start strong and get tons of members in
But then fall off, start to lose customers, and
Crash even faster than Fidget Spinners back in 2017
Hence, why should you switch to the model ā¬ļø
that most, Including my own school communities, are now switching towards
And thatās selling the Community as a one-time payment
šThis way, if people join, you end up making much more revenue over a longer term
But regardless of one time payments, Skool still remains as a powerful Money maker right now thus not using it are missing out on tons of
Talk Soon
Money Mind Bennett
P.S Skool > School