Memberships are a fantastic way to drive brand loyalty and repeat revenue for your business. But many venue operators find creating, pricing and managing memberships programs to be a challenging endeavor.
Here we break down how to price and promote memberships while salvaging revenue that would otherwise be lost.
Involuntary churn accounts for 10% of lost membership revenue every single month. Reducing your churn, even by a small percentage, can add up to a large amount of revenue
salvaged over time.
ROLLER Payments attempts to collect payment five times based on a retry schedule optimized to collect funds successfully and machine learning algorithms, or smart logic to recover up to 30% more
failed payments than other methods.