Member retention is not a simple equation. It's a personalized approach to building a better relationship with each of your members. It's about providing them with the value they are seeking and solving the problems they thought you could help with.
Secondly, improving your membership retention rate can also improve your rate of growth. With a more consistent consumer base, meaningful relationships between these regular members (and even between staff and members) are more likely to develop. This sense of belonging can drastically improve the member experience.
Why focus on retention? Because you can’t afford not to. Experts estimate that it can cost as much as five times more to attract new members than it does to keep existing ones.
One of the ways that we like to keep our members engaged and our member retention high is by issuing challenges. Some are personal, some are to raise funds for charities, some are to compete against each other, but whatever it is, the intent is to keep our members engaged. This is especially important during the past year of COVID.
We just finished a 2.5-month Kilometer Challenge inside of Team Triumph, where the members formed teams of 4 and racked up kilometres by biking, swimming and running/walking. We had 11 teams. Teams were randomly picked at the start of the challenge to encourage members to get to know each of their teammates putting faces to names and bonding through a common goal. Everyone had an amazing time.
For the month of March we issued not 1, not 2 but 3 challenge options for our members, encouraging them to donate after the challenge to THE SJAM, RIDEAU WINTER TRAIL OR SKI HERITAGE EAST TRAILS. You can see two of our challengers below.
|
|
Without your members/clients, you would not have a business. They deserve to be nurtured and stimulated. Let them know they are valued.
I love the accountability and the structure of the Virtual 70.3 Half Ironman training program. I don't think I would have gotten this far without the program. The accountability is huge for me!
Deborah Jackman
My coach Kevin Willis is amazing. His swim practices have been a real game-changer for me. A great communicator regardless of your swim level. The whole club is supportive of everything you do. You don't need to be an Ironman to benefit from their programs. 5 stars all around!!! - Denise Pittuck
I just wanted to thank you and your team (Gabi! Brenda! Maggie! Dawn!) for making last weekend's event so amazing. I had tried to do a try-a-tri on my own last summer, and the experience was night and day.
Even though I didn't make every virtual session, I felt so prepared... I knew where to go for information, and I knew I had a team of people (coaches and our beginner tri group!) who were all there to support me.
It was interesting to watch Eric train on his own (without access to the TrainingPeaks workouts and without the weekly meetings to ask questions and learn more about proper form and race-day stuff). When we left on Sunday, he looked at me and was like "we're DEFINITELY doing the training with Julia if we decide to go for the olympic distance, right?".
So glad to have found this club and looking forward to many more triathlons in the near future!!! Tai Teleso