FL253 - Email List Conversion Rates + Attrition Planning + Thoughts on Giveaways

Hey Y'all, welcome to another Flipped Lifestyle Podcast Q&A w/ S&J!

In the Flip Your Life Community, we hold a members-only Q&A twice a month where we answer online business questions of our members live on air!

This podcast episode features some of the highlights of these recent live member Q&As to give you a glimpse of how we help the members of our community, and help you as well in online business by listening in.

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Today's Q&A highlights answer the following questions: 

Question One:

"I am getting ready to launch my membership in the next 2 weeks. My list is about 2000 people and my open rate is typically around 20%. I know this must vary based on how niche you are, but how many people typically covert into customers from an email list?"

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Question Two:

"How do you plan for attrition in your membership site when creating your business plan?"

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Question Three:

"Hey y'all :) what's your opinion on giveaways to build an email list? I feel like it could be a good way to build quickly as long as what I'm giving away is true to my niche. Thanks!"

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Question Four:

"I've been doing weekly blog posts plus youtube videos for a month, there's not much change in my website views and no opt-ins. What am I doing wrong? Do I need to be more patient?"

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SUCCESS STORY:

"SUCCESS! I received an email from someone this morning with questions about my class, I answered the email and 30 minutes later she bought the class!" - Dan

"SUCCESS! I put on some of my social media platforms that Becca & I are going to be offering some courses for photographers this Fall. I got 25 emails within 24 hours!" - Matt

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