When business owners stumble upon the unsettling realization that they are missing out on revenue due to lost payments, the typical reaction is to think, “Well, we just need to sell more to offset the lost revenue.”
Sales Funnels. We love them, we use them, we constantly optimize them, we can’t imagine business without them. They drive our businesses, yet there is a forgotten sales funnel that goes largely unrecognized, and it is killing revenue in subscription-based businesses.
Are you a business with recurring subscription or membership payments? Perhaps an online course, box company, SaaS company, health & fitness boutique or wellness facility? There are three important solutions for recovering recurring payments.