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Following consecutive quarters of negativity and uncertain third quarter of the third quarter of the 3rd quarter is significant in terms of what is to come in the future for the economy of membership.

The membership economy has been experiencing one of the most difficult period in the past. As inflation rises, more uncertainty and an increasingly cautious consumer have been dominating trends through 2022. The downstream effects of these changes, as well as the intense fluctuations in markets for financial products have now been affecting virtually all industries.

It's not just one of them. For 2022, when the forecasts of revenues from the 2021 growth in membership were swiftly deemed beyond reach during over the course of the year the operators who oversee membership have been being forced to think more deeply than they've looked at all element of their overall plans.

In simple terms, for those who manage memberships 2022 often examine your faith repeatedly.

Each and every analysis that has been presented until now will make you believe that 2022 will be the worst year for all people who are members of the union. it is essential to plan for a slowdown across every sector of the consumer as well as across all markets.

But not so quick.

Do you require this moment?

In challenging markets and business contexts, we always look for signals, signs and signals that suggest the moment of turning points might be near or soon to be. While we don't usually notice a change has taken place until months or even weeks in the aftermath of the event , there is one element that is constantly present during the pivotal moment that's at the exact moment.

It was precisely that.

The moment was when management of the members' were able to see amazing results in spite of negativity. This was the moment when the silence was greater than the chaos. It was a time when those who used their product were so happy that they would not be without it.

This moment was a change.

The most significant risk that faces those who belong to membership organizations in times of recession is the risk of going negative. Members who are committed and positive about their business through the difficult times will are still planning, building and prepare for the next step even without knowing when it will happen. The third quarter is now in the books, and if we see the past in our rearview and believe that the event is in fact, happening.

Uncertainty can open doors to new opportunities

Our customer's memberships outperformed significantly during the third quarter. All across our portfolioof services, we've seen our memberships exceed records in terms of revenue, retention rates as well as the number of members. Being consistent and staying free of the larger news stories enabled our customers to benefit from the increased number of memberships that we witnessed during the third quarter of this year.

An organized and well-managed members strategy is often the main driver behind member outcomes in challenging landscapes. Most of the best results are achieved when companies opt to invest large amounts in their operations during times of recession, while being in a more cautious phase with rapid growth. Our strategy has made it easier for our clients access funds to invest in their businesses in the right time, like the one we witnessed during the first quarter of 2022.

It's a long-term strategy and members who are operating with similar attitudes will see that the outside uncertainties and negative thoughts create long-term opportunities for sustained growth of the membership.

In the case of a operational member of a company It is impossible to anticipate the time of upwards and downwards, as Q3 observed , but you have the ability to prepare for the possibility of them.

One thing that you can count on is the reality that these events will occur at the time you could not have anticipated.

Build on your progress.

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