The Number 2 Reason Why Digital Entrepreneurs Lose Money On Subscriptions

April 7, 2017

 

The number 2 reason why digital entrepreneurs lose money on subscriptions is incredible.

 

"They don’t believe they have many subscriptions!"   

 

This might seem crazy, of course you know what you are subscribed to - don’t you?

 

Take a moment to think about it…

 

 

If you’re asked how many subscriptions you have, what would your answer be?

 

2, 3..   5 or even 10?

 

Regardless of the number you came up with, based on our research its highly likely you’re only thinking of about 30% of your actual subscriptions. 

 

The reason for this is quite simple.  

 

 

You probably don’t think of most of your subscriptions as being actual subscriptions.  

 

 

What about the following services...  Did you include them in your subscription count?

 

Domain name registrations

SSL certificates

Web hosting services

Plugins for your wordpress site

Home or business internet connection

Mobile/Cell phone service

Insurance premiums

Gym memberships

Utility bills

 

Now you might be thinking some of these aren’t subscriptions, but consider this.  

 

 

Does the service stop if you stop paying the weekly, monthly or annual payment?  How many other things do you pay for that if you stop paying, the service or product stops?

 

 

If you’re still reading and are wondering what the number 1 reason is - that is also incredible. 

 

It's because they forget about them.  

 

At TrackMySubs, we believe that subscriptions are already a part of our lives and businesses. And the delivery of services by subscriptions will only continue to grow in the future.  

 

Our mission is to provide digital entrepreneurs like you the knowledge and tools to save time and money.

 

 

So you can focus on growing your business.

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