Ask Sarah: How to Grow Your Subscription Past the Plateau | EP 69

interviews podcast May 11, 2022

 

Subscribe:  SarahsPodcast.com Apple Podcast Spotify | IHeartRadio | Stitcher

 

Welcome to episode four of my eight-part series on the podcast called, “Ask Sarah.” Each week, I’ll be answering a question from inside my Launch Your Box coaching membership. 

This week Traci Gibson of Print Cut Craft and I tackled the question of how to grow a subscription past a plateau. 

Traci started her business ten years ago, selling printables and teaching classes at scrapbooking conferences. When she (and her family) got tired of all the weekend travel, Traci took her scrapbook kits online. She pivoted and her business evolved as she listened to what her customers wanted and served their needs. In 2020, Traci started teaching LIVE workshops online and selling craft kits to go with them. This has been a huge boost to her business and led to a membership where members craft with Traci each month using their Cricut machines and her svg files. 

Traci thought about starting a subscription box for a while. She joined Launch Your Box and watched and learned. When she decided to take action and launched her box, her membership was the perfect audience for her subscription, and it grew quickly. For a while. Then came the plateau. Traci’s growth slowed and then stopped. She has hit a plateau and reached out for my help to get past it.  

We talked through some possible reasons Traci’s subscription box growth has slowed and recommended some steps for Traci to take to jumpstart her growth. She needs to: 

  1. Shake things up - make it new and fresh for her audience. 
  2. Reduce churn by increasing retention and decreasing involuntary churn. 
  3. Up the exclusivity factor of her subscription. 
  4. Get in front of new audiences. 

With a clear plan and specific action steps to take, Traci feels confident her subscription will start to grow again. I can’t wait to hear about the growth she sees as a result of making these changes.   

Join me for this episode as Traci and I talk about something nearly every subscription owner experiences - hitting a plateau. A plateau is a reminder that we need to constantly be learning and growing as subscription box owners. And that sometimes we need to change what we’re doing in order to continue to grow.

 

Important Links: 

Find and follow Traci: 

Learn from me:

  • Subscription Box Blueprint eBook: This $10 ebook covers logistics from product selection to packaging to shipping. Plus a 90-day launch plan and bonus ‘Instant Scripts’ for your social media.
  • Launch Your Box: My complete training program that walks you step by step through how to start, launch, and grow your subscription box business.
  • Launch Your Box Podcast: I share tons of practical tips and strategies to help you start, launch, and grow your subscription box business. You’ll also hear from industry experts and current Launch Your Box members who are crushing it - get ready to get inspired!
  • One Box at a Time: Inside my book One Box at a Time, I show you the steps you need to follow to start and launch your subscription box. To turn your dream into reality. This book is filled with proven teachings, valuable resources, best practices, and action steps for you to take.

 

Find me on social:

 

Are you ready for Launch Your Box? Our complete training program walks you step by step through how to start, launch, and grow your subscription box business. Join our waitlist and we will notify you when the group reopens.

Join the waitlist

Hear from Sarah each week!

Do you want weekly tips for starting, launching, and growing a subscription box? Subscribe to get our latest content by email.

5-Step Q4 Email Audit to Boost Year-End Sales

Nov 10, 2024

Holiday Shipping Hacks: Surviving the 4th Quarter | EP 174

Nov 06, 2024