Monday, 30 January 2017

How to Retain Members as Coworking Thrives


As reported by members of co-working space in Bangalore, four out of five of them plan to stay where they are for the next year and almost two-thirds of members haven’t measured leaving. New data shows an augment in the number of members who work at multiple spaces, a response most likely be linked to an overall increase of members who travel or identify themselves as digital nomads. Another response tied to possible increase in travel or relocation of members is that now one out of five members no longer work from their first space. The least surprising fact proven by member responses is that those who rank their experiences as “poor” are more likely to go away. Rather surprising is the fact that, despite the increased choice of coworking spaces, that members who rated their space as “just average” were not only likely to stay, but the prospect that they would stay has increased.


More coworking members are changing workspaces

With growing options of plugand play office in Bangalore there is a probability that professionals are switching work place but there is also an increased possibility that they will be returning to their first choice. The numerous choices of plug and play office in Bangalore today all point towards a convenience that the with there are numerous options to chose from and it has become paramount for the management of  sharedoffice space Bangalore to try and offer benefits to retain their existing members.  

If a coworking space doesn’t suit someone, they’ll leave it faster

A few months ago, only every second person first joining a badly rated shared office spaceBangalore chose to move on within a year. The ever-widening selection of coworking spaces gives professionals greater mobility and choice. On the other hand, highly rated coworking spaces are managing to hold on to more than a third of their members from one year to the next. Unlike past months, the residence time of professionals is also longer on average at coworking hubs with more members. With numerous choices available today the coworkers want to shift speed to a wholesome experience where they might not have to shell out more.

What works for a sharedoffice space Bangalore like StartupHuts is to calculatedly make connections with everyone. That personal tête-à-tête goes a long way toward making members feel associated to the space and the team behind it. Also keep in mind that some turnover comes with this territory. It's kind of the nature of the plug and play office in Bangalore that coworking attracts people for whom working requirements and employment conditions can change from month to month. Even the happiest members will go away at some point so try to make sure they have an overwhelming time while they are around and you'll potentially turn them into a referral source.

For feedback, don't forget to check back in with your more knowledgeable and veteran members to see how things are going and if they have any advice or criticism. It's tempting to focus your time on catering to the most recent sign-ups, but the ones that have been loyal customers deserve as much if not more attention.


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