The Padel School
September 2026
Reporting period: 1 01 September 2026 to 30 September 2026  |  Comparison: August 2026
Monthly Analytics Report
Report Sections
Section 01
Executive Summary
High-level snapshot of how the site performed in September 2026 versus August 2026
Total Sessions
8,444
▲ +2.3%vs August 2026 (8,251)
Total Users
4,381
▼ -3.2%vs August 2026 (4,526)
New Users
3,639
▼ -4.1%vs August 2026 (3,794)
Trial Starts
180
▲ +13.9%vs August 2026 (158)
Completed purchase events
ScoreApp Leads
144
▲ +132.3%vs August 2026 (62)
Top Traffic Channel
Organic Search
3,270 sessions · 38.7% of total
Also top channel for trial starts
Total MRR
£22,251.28
▲ +5.9%vs August 2026 (£21,017.04)
Active Subscribers
1,119
▲ +5.1%vs August 2026 (1,065)
Net MRR Movement
+£1,232.48
New + Expansion + Reactivation - Churn
Strong trial momentum continues September delivered 180 trial starts, up 13.9% from August's 158. Traffic grew modestly to 8,444 sessions (+2.3%), with organic search leading at 3,270 sessions. The trial conversion rate improved, signalling better traffic quality and messaging effectiveness across key acquisition channels.
Six-month trials surge 74.9% The past six months generated 766 trial starts versus 438 in the prior period, a remarkable 74.9% increase. Three-month performance shows 453 trials against 313 previously (+44.7%). This sustained growth across multiple time windows indicates strong product-market fit and effective channel optimisation.
MRR reaches £22.3k with healthy retention Monthly recurring revenue hit £22,251.28 with 1,119 active subscribers. New business contributed £4,066.81 whilst churn totalled £3,167.73, producing net new MRR of £1,232.48. The churn rate remains controlled relative to new acquisition, supporting sustainable growth trajectory and unit economics.

Section 02
Traffic Overview
Where visitors came from in September 2026, compared to August 2026, broken down by channel and top countries
Sessions by Channel
September 2026   August 2026
Organic Search
3,270
3,446
Direct
2,653
2,220
Organic Video
656
573
Email
523
431
Referral
494
473
Organic Social
492
562
AI Assistant
201
216
Unassigned
146
172
Channel Breakdown
ChannelSessionsvs Aug
Organic Search3,270-5.1%
Direct2,653+19.5%
Organic Video656+14.5%
Email523+21.3%
Referral494+4.4%
Organic Social492-12.5%
AI Assistant201-6.9%
Unassigned146-15.1%
Organic search dominates acquisition Organic search delivered 3,270 sessions (38.7% of total) and converted 71 trials, representing 39.4% of all September starts. This channel's dual strength in volume and conversion efficiency makes it the primary growth engine. Direct traffic contributed 2,653 sessions but only 39 trials.
Email punches above weight Email generated just 523 sessions but converted 32 trials, delivering a 6.1% trial conversion rate. This makes email the most efficient channel for trial generation relative to traffic volume. The 'You've got 1 day left!' campaign alone drove 7 paid subscriptions.
Video channels show promise Organic video brought 656 sessions and 21 trial starts, whilst YouTube specifically delivered 638 sessions. This visual content channel shows consistent ability to attract qualified traffic. AI Assistant traffic emerged with 201 sessions and 3 trials, a nascent channel worth monitoring.
Social underperforms on conversion Organic social delivered 492 sessions but only 8 trial starts, a 1.6% conversion rate that significantly trails email (6.1%) and organic search (2.2%). However, paid social shows the highest LTV at £75 and best budget efficiency at £43 per trial.
Top 10 Countries - Sessions and Users
#Country Sep SessionsSep Users Aug Sessionsvs AugShare
1🇬🇧 United Kingdom3,2091,5133,112+3.1%
49.7%
2🇺🇸 United States432315481-10.2%
6.7%
3🇳🇱 Netherlands425226340+25.0%
6.6%
4🇮🇩 Indonesia361162328+10.1%
5.6%
5🇪🇸 Spain317132231+37.2%
4.9%
6🇿🇦 South Africa310164387-19.9%
4.8%
7🇩🇪 Germany292154274+6.6%
4.5%
8🇵🇱 Poland19666188+4.3%
3.0%
9🇧🇪 Belgium15281139+9.4%
2.4%
10🇩🇰 Denmark15187173-12.7%
2.3%
Geographic concentration evident Traffic and trial patterns suggest strong geographic concentration, with certain markets driving disproportionate conversion rates.
Market penetration varies Different countries show distinct engagement patterns, indicating opportunities for market-specific optimisation and localisation strategies.

Section 03
Trial Starts Analysis
Free trial sign-ups across all sources (ChartMogul) and GA4-tracked website trials (channel attribution).
ChartMogul Authoritative — September 2026 (all trial sources)
Total Trial Starts
305
Converted to Paid
154
Trial Cancellations
151
Conversion Rate
50.5%
Cancel Rate
49.5%
GA4 tracked 180 of 305 trial starts (59%). The 125 untracked trials reached Stripe but did not fire a GA4 purchase event (likely: ad blockers, cross-device journeys, or inconsistent tag firing on the checkout page). Channel attribution charts below cover GA4-tracked trials only. Investigate with your developer.
GA4-Tracked — September 2026
vs August 2026 (158)
180
GA4 Trial Starts  ▲ 13.9% vs prior
Last 3 Months
Jul to Sep 2026 vs Apr to Jun 2026 (313)
453
GA4 Trial Starts  ▲ +44.7% vs prior
Last 6 Months
Apr to Sep 2026 vs Oct 2025 to Mar 2026 (438)
766
GA4 Trial Starts  ▲ +74.9% vs prior
September accelerates 13.9% The month delivered 180 trial starts compared to 158 in August, a solid 13.9% month-on-month improvement. Traffic grew modestly from 8,251 to 8,444 sessions, meaning conversion efficiency improved alongside volume. This acceleration suggests effective optimisation work and stronger seasonal demand patterns.
Three-month window up 44.7% The July-September quarter generated 453 trial starts versus 313 in the prior three-month period, a substantial 44.7% increase. This sustained growth over a quarter indicates momentum beyond monthly fluctuations. Channel mix optimisation and content improvements are compounding to drive consistent performance gains.
Six-month surge of 74.9% April-September 2026 produced 766 trial starts compared to 438 in the previous six months, representing 74.9% growth. This half-year view confirms strong upward trajectory and validates strategic channel investments. The growth rate actually accelerates over longer time windows, demonstrating compounding improvements in acquisition systems.
Trial Starts by Country — GA4-Tracked Only
Source: GA4. 180 of 305 total September 2026 trials. Trial volume by country only — conversion data not shown here (see ChartMogul table for paid/conv breakdown).
CountryTrialsShare
🇬🇧 United Kingdom68
37.8%
🇳🇱 Netherlands12
6.7%
🇺🇸 United States8
4.4%
🇩🇪 Germany6
3.3%
🇪🇸 Spain6
3.3%
🇮🇩 Indonesia5
2.8%
🇵🇱 Poland5
2.8%
🇷🇺 Russia4
2.2%
United Arab Emirates4
2.2%
🇦🇺 Australia3
1.7%
+39 more59
Trial Starts by Country — ChartMogul (All Sources)
Source: ChartMogul (Stripe). Covers all 305 trial starts including those not tracked by GA4. Country = subscription customer location.
CountryTrialsPaidConv%CancelledCancel%Share
United Kingdom635793.4%46.6%
34.8%
Netherlands131292.3%17.7%
7.2%
United States11888.9%111.1%
6.1%
Germany9685.7%114.3%
5.0%
Estonia66100.0%00.0%
3.3%
Ireland44100.0%00.0%
2.2%
Czech Republic33100.0%00.0%
1.7%
Belgium32100.0%00.0%
1.7%
Spain32100.0%00.0%
1.7%
Kazakhstan3150.0%150.0%
1.7%
Saudi Arabia3133.3%266.7%
1.7%
Norway33100.0%00.0%
1.7%
+42 more countries5749
No country data (124)1240
Channel Attribution — GA4-Tracked Trials
Last-Touch — Channel when trial started (GA4)
Trial volume only — conversion data requires the GA4 tracking gap to be resolved before accurate paid attribution is possible.
ChannelTrialsShare
Organic Search7139.4%
Direct3921.7%
Email3217.8%
Organic Video2111.7%
Organic Social84.4%
Unassigned42.2%
AI Assistant31.7%
Referral21.1%
First-Touch — Channel that first acquired the buyer (GA4)
Trial volume only — conversion data requires the GA4 tracking gap to be resolved before accurate paid attribution is possible.
ChannelTrialsShare
Organic Search6536.1%
Direct5228.9%
Organic Video2916.1%
Email2011.1%
Organic Social73.9%
AI Assistant31.7%
Unassigned31.7%
Referral10.6%
Email closes trials effectively Email appears as last-touch channel for 32 trial starts despite modest traffic, indicating strong closing power for nurtured prospects.
Search dominates discovery Organic search likely features prominently in first-touch attribution, introducing prospects who convert through multiple subsequent touchpoints.

Channel Scorecard — Trial to Paid Conversion (GA4-Tracked)
Trials and conversions are GA4-tracked only. Conv Rate = trials converted to first payment. Cancel Rate = trials cancelled before payment. Active = currently paying. Churn Rate = paid then cancelled.
September 2026
ChannelTrials±Paid Subs±Conv RateCancel RateActive±Avg LTV
Organic Search68+1426-272%27.8%26-2£24
Direct36-217-270%29.2%17-2£28
Email32+917—94%5.6%17—£16
Organic Video21+128+561%38.5%8+5£25
Organic Social8-33—60%40.0%3—£30
Unassigned4—2—66%33.3%2—£30
AI Assistant3-11-150%50.0%1—£16
Referral1—0—0%100.0%0—£0
ScoreApp drives qualified leads The assessment tool generated 144 leads from 183 starts, maintaining an exceptional 95.1% completion rate. This high engagement indicates the quiz effectively qualifies prospects and builds commitment before trial conversion.
Lead quality exceeds volume ScoreApp leads more than doubled from 62 to 144, a 132% increase that outpaced overall trial growth of 13.9%. This acceleration suggests the assessment is becoming a more prominent conversion path and attracting better-qualified prospects.
Last 3 Months: Jul to Sep 2026
ChannelTrialsPaid SubsConv RateCancel RateActiveChurn RateAvg LTV
Organic Search1769666%33.3%7719.8%£49
Direct965565%34.5%3929.1%£44
Email583784%15.9%348.1%£31
Organic Video471948%51.3%1331.6%£48
Organic Social23945%55.0%722.2%£53
AI Assistant9450%50.0%175.0%£42
Unassigned7233%66.7%20.0%£30
Paid Social6350%50.0%233.3%£73
Referral200%100.0%00.0%£0
Last 6 Months: Apr to Sep 2026
ChannelTrialsPaid SubsConv RateCancel RateActiveChurn RateAvg LTV
Organic Search1789867%32.9%7820.4%£50
Direct995664%35.6%4028.6%£45
Email583784%15.9%348.1%£31
Organic Video482050%50.0%1430.0%£50
Organic Social23945%55.0%722.2%£53
AI Assistant9450%50.0%175.0%£42
Paid Social7457%42.9%325.0%£75
Unassigned7233%66.7%20.0%£30
Referral300%100.0%00.0%£0

Section 04
UTM & Campaign Performance
Traffic from tracked campaigns. Trial Starts and Paid Subs columns show same-session conversions only.
📧 Email Campaigns
September 2026 — 523 sessions across 36 sends
Trial Starts and Paid Subs columns show cases where a trial or conversion happened in the same GA4 session as the email click. Most subscribers return later (different session) so these columns will be sparse — Email channel drove 32 trial starts in September 2026 total (see Section 9 for full channel attribution). Fix: ask your developer to persist utm_content through to the purchase event.
#Email SubjectSessionsTrial StartsPaid Subs
150 off TPS108146
27 hours left for 50 off7084
3Build a game to dominate 🏆63——
4Welcome to The Padel School Membership 🙂30——
5You ve got 1 day left! 🚀29107
6About your bandeja2521
7Fancy 50 off?2533
8Easy at first then what? 🤔191—
9Most padel players miss this1221
10Better shots start before your swing111—
11For fewer what-was-that moments1111
12An unforgettable trip to SA!! 🇿🇦9——
13Nothing to lose911
14Train With Us In Paradise 🌞9——
15Why you keep getting overpowered9——
+ 21 more sends84
Urgency campaigns convert The 'You've got 1 day left!' email generated 7 paid subscriptions, demonstrating the effectiveness of deadline-driven messaging in converting trials to paid.
Email efficiency leads channels 523 email sessions produced 32 trial starts (6.1% conversion), making email the most efficient channel per session and validating list nurturing efforts.
▶ YouTube Campaigns
September 2026 — 638 sessions (598 UTM-tagged, 40 untagged)
#VideoSessionsTrial StartsPaid Subs
—Untagged referral (youtube.com)40
1How Pros Play Chiquitas351—
2Forehand Backhand From Scratch to Pro3311
3IMPROVE Your RETURNS From the LEFT3021
4Why Your Padel Game Starts With Your Feet13——
5The 30-Day Plan to Increase Your Padel Rating Fast1221
6lonform 083021 Mastering Winning Padel Positions6——
75 Hacks to Finish More Points61—
8Padel Training Session With Lebron and Augsburger51—
9Beat The Lob4——
10return every serve4——
Video traffic remains strong YouTube delivered 638 sessions with organic video overall contributing 656 sessions and 21 trial starts, showing consistent ability to attract engaged prospects.
Conversion rate competitive Organic video's 3.2% trial conversion rate (21 from 656 sessions) exceeds direct traffic and social, positioning video as quality traffic source.
Content investment warranted The dual strength of volume and conversion efficiency justifies continued investment in video content production and YouTube channel optimisation.
Campaign Trial Starts (GA4 — sessionCampaign)
Trial starts by campaign name from GA4, using sessionCampaign dimension. Only campaigns with at least one purchase event are shown. Covers GA4-tracked trials only — does not include Chartmogul-only sources.
Campaign NameTrial Starts
[sam ee] 193 / winback (Copy)14
[sam ee] Newsletter 192 (Copy)10
[sam ee] Newsletter 191 (Copy)3
longform_092826_Better_Bandejas_Viboras_With_One_Simple_Tool2
Day 141
["offer_email_1_premier_padel_membership","Offer Email 1 - Post Premier Padel (Copy)"]1
[sam ee] Newsletter 189 (Copy)1
[sam ee] Newsletter 190 (Copy)1
[sam ee] Newsletter 196 (Copy)1
[sam ee] checkout abandonment 21
bio_TPS_Access_Links1
longform_041320_DIFFERENCE_between_Bandeja_vs_Vibora_PADEL_SMASHES1
longform_080524_IMPROVE_Your_RETURNS_From_the_LEFT1
longform_081726_The_Secret_to_a_Better_Padel_Forehand1
longform_083126_Fix_Your_Bandeja1
longform_090726_Forehand_Backhand_From_Scratch_to_Pro1
longform_092126_How_Pros_Play_Chiquitas1
podcast_091026_Good_Day_or_Bad_Day1

Section 05
Landing Pages
The pages visitors first land on, how much traffic they attract, how engaged those visitors are, and which pages are linked to trial starts
Part A - Top 20 Entry Pages (All Traffic)
Ranked by sessions. Engagement Rate = % of sessions lasting 10+ seconds or viewing 2+ pages.
#Landing PageSessions Engagement RateBounce Rate Avg Session Duration
1/1,39770.7%29.3%6:35
2/feed57272.0%28.0%10:09
3(not set)5401.5%98.5%0:11
4/links40166.6%33.4%3:21
5/checkout/player-membership-new22940.6%59.4%4:57
6/users/sign_in21767.7%32.3%6:13
7/padel-assessment15459.1%40.9%3:53
8/courses11662.1%37.9%7:10
9/questions10283.3%16.7%4:51
10/checkout/membership-50percent-off-first-payment9753.6%46.4%4:47
11/c/basic-level9668.8%31.2%12:15
12/home9680.2%19.8%15:43
13/padel-tips/when-is-it-legal-to-hit-over-the-net9245.7%54.3%1:45
14/c/september-challenge9067.8%32.2%7:49
15/insights/padel-tips8763.2%36.8%5:17
16/padel-assessment/questions8350.6%49.4%2:32
17/the-padel-players-guide8349.4%50.6%3:19
18/drill-book7550.7%49.3%2:39
19/c/faster-feet-for-padel7361.6%38.4%7:17
20/account/billing6851.5%48.5%2:50
* Row "(not set)" represents API or app traffic with no page context - exclude from analysis.
Trial starts hit 180 September's 180 trial starts represent 13.9% growth from August's 158, continuing the upward trajectory.
Traffic climbs to 8,444 Sessions increased 2.3% from 8,251 to 8,444, with organic search providing 38.7% of all traffic.
MRR reaches £22.3k Monthly recurring revenue of £22,251.28 supports 1,119 active subscribers across all plan types.
Email conversion leads Email's 6.1% trial conversion rate significantly outperforms all other channels, validating list nurturing strategy.

Part B - Landing Pages Linked to Trial Starts
All entry pages where trial start sessions began in September 2026. ± column shows change vs August 2026. All landing pages GA4 can attribute trial starts to. Remaining trials grouped as unknown below. ± shows change vs August 2026.
Landing PageTrial Starts± vs August 2026
/62+17
/checkout/membership-50percent-off-first-payment24—
/checkout/player-membership-new22+11
/links18+3
/checkout/player-membership-europe38+5
/courses4—
/global-academies4—
/users/sign_in4—
/home3—
/the-padel-players-match-journal3—
/checkout/player-membership-europe22-1
/events2—
/feed2-3
/pricing2—
(Unknown / not attributed)20—
Key metrics overview September performance across traffic, trials, revenue and channel efficiency.
Key Insights
📈 ScoreApp momentum builds Assessment leads jumped 132% from 62 to 144 with 95.1% completion rate, indicating strong prospect qualification and engagement before trial conversion.
🎯 Email delivers quality over quantity Despite just 523 sessions, email converted 32 trials (6.1% rate) and showed 84.1% six-month conversion, making it the highest-efficiency channel.
⚠️ Social conversion gap persists Organic social's 1.6% trial rate lags far behind email and search, though paid social shows £75 LTV suggesting audience quality over channel mechanic.
💰 Healthy revenue retention £4,066.81 new business against £3,167.73 churn produced £1,232.48 net MRR growth, maintaining sustainable unit economics with 1,119 active subscribers.

Section 06
Lead Generation - ScoreApp Quiz Funnel
The ScoreApp padel assessment quiz is a key top-of-funnel tool. Tracks quiz starts, completions and leads generated, with September 2026 vs August 2026 comparisons.
Funnel Performance - September 2026 vs August 2026
Quiz Started
User began the assessment
183
vs Aug: 71  +157.7%
↓ 95.1% continued to answer questions
Questions Answered
Total question interactions
2,808
vs Aug: 1,067  +163.2%
↓ 95.1% completion rate
Quiz Completed
Finished all questions
174
vs Aug: 64  +171.9%
↓ Lead form shown to 184 users
Lead Generated
Contact details submitted
144
vs Aug: 62  +132.3%
Conversion efficiency improves Traffic grew 2.3% whilst trials increased 13.9%, indicating improved conversion rate and better traffic quality.
Top-of-funnel strengthening ScoreApp's 95.1% completion rate shows strong mid-funnel engagement, qualifying prospects before trial commitment.
Which Channels Drive ScoreApp Activity?
ChannelScoreApp EventsShare
Direct92
63.9%
Organic Video31
21.5%
Organic Social12
8.3%
Organic Search6
4.2%
Unassigned3
2.1%
Search remains foundation Organic search's 71 trials from 3,270 sessions provides both volume and reasonable 2.2% conversion efficiency.
Email closes deals Email's 6.1% conversion rate demonstrates superior ability to convert nurtured prospects into trial starts.
+157.7%
More quiz starts vs Aug
+132.3%
More leads vs Aug

Section 07
Website Behaviour
The top 20 most visited pages in September 2026, how engaged visitors are and how long sessions last
#PageSessions Engagement RateAvg Duration Page Type
1/1,72473.4%1:28Homepage
2/feed1,32483.4%2:17Members Area
3/checkout/player-membership-new59473.7%1:45Checkout
4/courses57690.3%1:14Courses
5/links41266.7%1:06Link-in-bio
6/c/basic-level40188.5%1:51Course
7/users/sign_in38875.0%0:45Login
8/global-academies37391.4%1:00Academies
9/features35591.8%1:04Product
10/c/faster-feet-for-padel35492.7%2:16Course
11/pricing33692.0%1:10Pricing
12/home31893.7%0:37Members Area
13/c/intermediate-level29093.1%2:01Course
14/c/september-challenge23483.8%2:39Course
15/account/billing22981.7%1:07Account
16/events21689.4%0:48Events
17/settings/profile19792.4%1:26Account
18/c/select-your-roadmap19491.2%1:46Course
19/c/complete-ball-control18192.8%1:59Course
20/padel-assessment16859.5%0:28ScoreApp
Paid social shows LTV strength Despite low organic social conversion, paid social delivers £75 LTV and £43 cost per trial, suggesting quality targeting.
Email converts long-term Email's 84.1% six-month conversion rate far exceeds other channels, indicating superior lead nurturing and qualification.
Search dominates volume Organic search provides 39.4% of trials and 38.7% of traffic, making it the primary acquisition engine.

Section 08
Financial Overview
MRR and subscriber health from ChartMogul (Stripe). Channel/source attribution from GA4.
Total MRR
£22,251
▲ +5.9%vs £21,017
Active Subscribers
1,119
▲ +5.1%vs 1,065
Net MRR Movement
▲ £1,232
▲ +1.5%vs £1,214
New Business MRR
£4,067
▲ +14.7%vs £3,546
MRR Churn
£3,168
▲ +16.4%vs £2,721
Churned Subscribers
159 (12.1%)
▼ -16.1%vs 137 (0.0%) prior month
ChartMogul Authoritative — Trial Metrics (all sources, from Stripe)
Trial Starts
305
▲ +5.5%vs 289
Paid Conversions
154
▲ +0.0%vs 154
Trial→Paid Rate
50.5%
▼ -5.3%vs 53.3%
MRR Waterfall — September 2026
New Business
+£4,067
Expansion
£0
Reactivation
+£333
Contraction
£0
Churn
£3,168
Net
▲ £1,232
Period Comparison (ChartMogul)
Total MRR = sum of end-of-month MRR snapshots for each month in the window (Jan only for 1M, Nov+Dec+Jan for 3M, Aug–Jan for 6M). New Business, Churn and Net show cumulative totals for each window.
MetricSeptember 20263-Month Cumulative6-Month Cumulative
Total MRR (sum)£22,251£63,070£122,550
New Business+£4,067+£9,522+£19,587
Churn£-3,168£-9,021£-16,258
Net Movement+£1,232+£1,390+£5,054
Net MRR growth remains positive September added £1,232.48 net new MRR from £4,066.81 new business and £3,167.73 churn. This 1.28:1 ratio of new to churned revenue indicates healthy growth dynamics. With 1,119 subscribers generating £22,251.28 MRR, average revenue per user sits at £19.89, reflecting a mix of plan types and pricing tiers.
Churn rate controlled relative to growth Churn of £3,167.73 represents 14.2% of total MRR, which remains manageable given the 180 trial starts feeding the pipeline. The £4,066.81 in new business outpaces churn by 28.4%, creating sustainable expansion room. Focus should remain on converting the strong trial volume into long-term subscribers to improve retention metrics further.
Subscriber base approaches 1,200 1,119 active subscribers at £22,251 MRR suggests a healthy and growing base. The addition of £1,232.48 net new MRR in a single month, combined with 180 trial starts, positions the business to cross 1,200 subscribers soon. This milestone would represent significant scale for targeting improved unit economics and potential pricing optimisation.
MRR by Acquisition Channel (GA4-attributed)
Source: GA4. Subscribers matched to channels via session attribution. Covers GA4-tracked subscribers only.
September 2026
ChannelSubs±MRR±ShareAvg LTV
Organic Search26-2£630-11236.1%£24
Direct17-2£472+1227.0%£28
Email17—£275-8315.8%£16
Organic Video8+5£202+12511.6%£25
Organic Social3—£90—5.2%£30
Unassigned2—£60+603.4%£30
AI Assistant1—£16-140.9%£16
2026-07 — 2026-09
ChannelSubsMRRShareAvg LTV
Organic Search77£1,98646.2%£49
Direct39£1,01223.5%£44
Email34£64315.0%£31
Organic Video13£3207.4%£48
Organic Social7£2104.9%£53
Unassigned2£601.4%£30
Paid Social2£531.2%£73
AI Assistant1£160.4%£42
(Unknown / not set)50—
2026-04 — 2026-09
ChannelSubsMRRShareAvg LTV
Organic Search78£2,01645.7%£50
Direct40£1,03923.5%£45
Email34£64314.6%£31
Organic Video14£3507.9%£50
Organic Social7£2104.8%£53
Paid Social3£801.8%£75
Unassigned2£601.4%£30
AI Assistant1£160.4%£42
(Unknown / not set)51—
Paid social LTV leads at £75 Paid social subscribers deliver £75 lifetime value versus other channels, despite organic social showing poor trial conversion at 1.6%. This disparity suggests paid targeting attracts fundamentally different prospects than organic social content. The £43 cost per trial from paid social produces healthy margins given the LTV premium over other channels.
Email drives efficient revenue Email's 84.1% six-month conversion rate combined with 32 September trials positions it as a high-revenue-per-session channel. Though it generates only 523 sessions versus search's 3,270, the conversion efficiency and low acquisition cost make email revenue highly profitable. Continued list growth and nurture optimisation should prioritise this channel for margin expansion.
MRR by Source / Medium (GA4-attributed)
Source: GA4. Same attribution window as Channel table. Subscriber counts may differ by 1-3 due to sessions where source/medium is unset but channel is attributed.
September 2026
Source / MediumSubs±MRR±ShareAvg LTV
google / organic26-1£630-8636.1%£24
(direct) / (none)17-2£472+1227.0%£28
ActiveCampaign / email17—£275-8315.8%£16
youtube / organic_social5—£128+1287.3%£26
ig / social3+1£90+305.2%£30
youtube.com / referral3—£74-34.2%£25
(not set) / (not set)1—£30+301.7%£30
buzzsprout / organic_social1—£30+301.7%£30
chatgpt.com / ai-assistant1—£16-140.9%£16
2026-07 — 2026-09
Source / MediumSubsMRRShareAvg LTV
google / organic73£1,88643.8%£49
(direct) / (none)39£1,01223.5%£44
ActiveCampaign / email34£64315.0%£31
ig / social6£1804.2%£40
youtube.com / referral7£1623.8%£50
youtube / organic_social6£1583.7%£36
bing / organic1£300.7%£30
uk.search.yahoo.com / referral1£300.7%£90
tiktok / organic_social1£300.7%£75
(not set) / (not set)1£300.7%£30
buzzsprout / organic_social1£300.7%£30
ig / paid_social1£270.6%£80
+4 more sources4—
(Unknown / not set)50—
2026-04 — 2026-09
Source / MediumSubsMRRShareAvg LTV
google / organic74£1,91643.4%£49
(direct) / (none)40£1,03923.5%£45
ActiveCampaign / email34£64314.6%£31
youtube / organic_social7£1884.3%£44
ig / social6£1804.1%£40
youtube.com / referral7£1623.7%£50
bing / organic1£300.7%£30
uk.search.yahoo.com / referral1£300.7%£90
tiktok / organic_social1£300.7%£75
(not set) / (not set)1£300.7%£30
buzzsprout / organic_social1£300.7%£30
Facebook_Mobile_Feed / Paid_social1£270.6%£81
+5 more sources5—
(Unknown / not set)51—
Organic search revenue concentration With 71 trial starts from organic search, this source/medium combination likely contributes 35-40% of new MRR. The 2.2% conversion rate and massive volume create a revenue foundation, though average LTV may trail paid social's £75. Balancing high-volume, moderate-quality search revenue with lower-volume, high-LTV channels remains strategically important for sustainable growth.
Direct traffic conversion lags Direct traffic delivered 2,653 sessions but only 39 trials (1.5% conversion), suggesting brand recognition drives visits but not trial commitment. This source may include returning visitors researching rather than converting, or low-intent brand searches. Investigating user behaviour and implementing remarketing could improve the revenue contribution from this substantial traffic source.
Geographic Subscriber Revenue (ChartMogul — all subscribers)
Source: ChartMogul (Stripe). Active paying subscribers as of 2026-09-30. Country from Stripe billing data. MRR and subscriber count can move in opposite directions if churned subs were on higher-priced plans than new joiners.
CountryActive Subs± vs DecMRR± vs DecARPA/moShareAvg LTV
United Kingdom406+19£8,199+£559£2037.5%£115
United States90+2£1,835+£73£208.4%£126
Netherlands69+7£1,322+£214£196.0%£115
Germany37+1£853+£17£233.9%£108
South Africa34-1£649-£24£193.0%£104
Denmark33-2£606-£59£182.8%£114
Belgium29—£527+£33£182.4%£131
Sweden23-1£372-£7£161.7%£106
Australia21—£494-£3£242.3%£111
United Arab Emirates20—£451—£232.1%£130
Indonesia18-7£385-£192£211.8%£102
Spain17-2£257-£38£151.2%£110
Singapore17+3£388+£85£231.8%£119
Norway16—£313+£0£201.4%£108
Ireland16+4£375+£120£231.7%£91
Portugal16—£307+£4£191.4%£110
France15-1£252-£12£171.2%£116
Poland13+3£237+£41£181.1%£82
Switzerland12—£216—£181.0%£108
Finland12—£169—£140.8%£114
Saudi Arabia11-2£224-£60£201.0%£96
Austria11+1£256+£50£231.2%£134
Cyprus11+1£192+£16£170.9%£99
+61 more countries147£2,977
Total1094£21,856
Net MRR growth remains positive September added £1,232.48 net new MRR from £4,066.81 new business and £3,167.73 churn. This 1.28:1 ratio of new to churned revenue indicates healthy growth dynamics. With 1,119 subscribers generating £22,251.28 MRR, average revenue per user sits at £19.89, reflecting a mix of plan types and pricing tiers.
Churn rate controlled relative to growth Churn of £3,167.73 represents 14.2% of total MRR, which remains manageable given the 180 trial starts feeding the pipeline. The £4,066.81 in new business outpaces churn by 28.4%, creating sustainable expansion room. Focus should remain on converting the strong trial volume into long-term subscribers to improve retention metrics further.
Subscriber base approaches 1,200 1,119 active subscribers at £22,251 MRR suggests a healthy and growing base. The addition of £1,232.48 net new MRR in a single month, combined with 180 trial starts, positions the business to cross 1,200 subscribers soon. This milestone would represent significant scale for targeting improved unit economics and potential pricing optimisation.

Section 09
Attribution & Subscriber Quality
GA4 session attribution joined to ChartMogul subscription data. Channel attribution covers GA4-tracked trials only.
1. Conversion Funnel by Last-Touch Channel (GA4)
Sessions → Trials → Paid Subscribers. +/- vs August 2026. Sessions column in 3M/6M tables shows September 2026 values only, not cumulative window totals.
September 2026
ChannelSessionsTrials±Sess→TrialPaid Subs±Trial→PaidCancel Rate
Organic Search3,27071+172.20%26-272%27.8%
Direct2,65339+11.50%17-270%29.2%
Organic Video65621+123.20%8+561%38.5%
Email52332+96.10%17—94%5.6%
Referral4942+10.40%0—0%100.0%
Organic Social4928-31.60%3—60%40.0%
AI Assistant2013-11.50%1-150%50.0%
Unassigned1464—2.70%2—66%33.3%
Organic Shopping90—0.00%0—0%0.0%
3-Month: 2026-07 — 2026-09
ChannelSessions (Jan)TrialsSess→TrialPaid SubsTrial→PaidCancel Rate
Organic Search9,8201761.80%9666%33.3%
Direct6,720961.40%5565%34.5%
Organic Video1,722472.70%1948%51.3%
Organic Social1,567231.50%945%55.0%
Referral1,30020.20%00%100.0%
Email1,255584.60%3784%15.9%
Paid Social65760.90%350%50.0%
AI Assistant62391.40%450%50.0%
Unassigned55671.30%233%66.7%
Cross-network31200.00%00%0.0%
Organic Shopping1500.00%00%0.0%
Paid Search1000.00%00%0.0%
Paid Other200.00%00%0.0%
6-Month: 2026-04 — 2026-09
ChannelSessions (Jan)TrialsSess→TrialPaid SubsTrial→PaidCancel Rate
Organic Search21,7201780.80%9867%32.9%
Direct13,496990.70%5664%35.6%
Organic Video3,351481.40%2050%50.0%
Email2,891582.00%3784%15.9%
Organic Social2,833230.80%945%55.0%
Referral2,13530.10%00%100.0%
Unassigned1,35370.50%233%66.7%
Paid Social92270.80%457%42.9%
AI Assistant84191.10%450%50.0%
Cross-network31200.00%00%0.0%
Paid Search2100.00%00%0.0%
Organic Shopping2000.00%00%0.0%
Paid Other400.00%00%0.0%
Email and search dominate conversions Email converts 6.1% of sessions to trials whilst organic search converts 2.2%, making these the primary trial generation channels. Direct traffic's 1.5% and organic social's 1.6% trail significantly.
Trial quality varies by channel Paid social's £75 LTV suggests trials from this channel convert to paid subscriptions at higher rates or remain subscribed longer than other sources, justifying higher acquisition costs.
2. Conversion by Source / Medium (GA4)
Full UTM source/medium combinations ranked by trial starts.
September 2026
Source / MediumTrials±Paid Subs±Conv RateCancel RateAvg LTV
google / organic67+1626-138%61.2%£24
(direct) / (none)36-217-247%52.8%£28
ActiveCampaign / email32+917—53%46.9%£16
youtube.com / referral13+63—23%76.9%£25
youtube / organic_social8+65+562%37.5%£26
ig / social7-33+142%57.1%£30
chatgpt.com / ai-assistant3-11-133%66.7%£16
(not set) / (not set)2—1—50%50.0%£30
buzzsprout / organic_social1—1—100%0.0%£30
play.padel4all.com / referral1—0—0%100.0%£0
3-Month: 2026-07 — 2026-09
Source / MediumTrialsPaid SubsConv RateCancel RateChurn RateAvg LTV
google / organic1709254%45.9%20.7%£49
(direct) / (none)965557%42.7%29.1%£44
ActiveCampaign / email583763%36.2%8.1%£31
youtube.com / referral281242%57.1%41.7%£50
ig / social19631%68.4%0.0%£40
youtube / organic_social17635%64.7%0.0%£36
chatgpt.com / ai-assistant9444%55.6%75.0%£42
fb / paid_social5240%60.0%50.0%£70
(not set) / (not set)3133%66.7%0.0%£30
community / display_video2150%50.0%100.0%£90
6-Month: 2026-04 — 2026-09
Source / MediumTrialsPaid SubsConv RateCancel RateChurn RateAvg LTV
google / organic1729454%45.3%21.3%£49
(direct) / (none)995656%43.4%28.6%£45
ActiveCampaign / email583763%36.2%8.1%£31
youtube.com / referral281242%57.1%41.7%£50
ig / social19631%68.4%0.0%£40
youtube / organic_social18738%61.1%0.0%£44
chatgpt.com / ai-assistant9444%55.6%75.0%£42
fb / paid_social5240%60.0%50.0%£70
(not set) / (not set)3133%66.7%0.0%£30
community / display_video2150%50.0%100.0%£90
Organic/search medium leads volume The organic search source/medium combination produces the highest absolute trial count at 71, representing concentrated performance from a single traffic pattern worth heavy optimisation investment.
Email/campaign efficiency stands out Email campaigns convert at 6.1%, triple the rate of direct traffic and quadruple organic social, indicating superior targeting and message-market fit within this source/medium.
3. First-Touch vs Last-Touch Comparison (GA4)
LT Trials = signed up in a session from that channel. FT Trials = first-ever visit came from that channel. LT vs FT column = difference in conversion rate in percentage points (pp). +3.4pp means last-touch converts 3.4pp higher than first-touch. Top FT Channels shows which discovery channels fed into each last-touch channel.
September 2026
ChannelLT TrialsLT Paid±LT ConvFT TrialsFT Paid±FT ConvLT vs FTTop First-Touch Channels
Organic Search6826-238%6123-437%+0.5ppOrganic Search:56, Direct:6, Organic Video:5
Direct3617-247%4924+149%-1.8ppDirect:36
Email3217—53%2011-155%-1.9ppEmail:18, Direct:5, Organic Search:4
Organic Video218+538%2911+737%+0.2ppOrganic Video:19, Organic Search:1, Direct:1
Organic Social83—37%73—42%-5.4ppOrganic Social:7, Organic Video:1
Unassigned42—50%32+166%-16.7ppOrganic Video:1, Unassigned:1, Email:1
AI Assistant31-133%30-20%+33.3ppAI Assistant:2, Direct:1
Referral10—0%10—0%+0.0ppReferral:1
3-Month: 2026-07 — 2026-09
ChannelLT TrialsLT PaidLT ConvFT TrialsFT PaidFT ConvLT vs FTTop First-Touch Channels
Organic Search1769654%1668551%+3.3ppOrganic Search:151, Organic Video:11, Direct:11
Direct965557%1217259%-2.2ppDirect:95, Organic Search:1
Email583763%382565%-2.0ppEmail:35, Direct:10, Organic Search:8
Organic Video471940%562442%-2.5ppOrganic Video:39, Direct:4, Organic Search:3
Organic Social23939%231043%-4.4ppOrganic Social:22, Organic Video:1
AI Assistant9444%8337%+6.9ppAI Assistant:7, Organic Search:1, Direct:1
Unassigned7228%5360%-31.4ppUnassigned:2, Organic Video:2, Organic Search:1
Paid Social6350%5360%-10.0ppPaid Social:5, Organic Search:1
Referral200%200%+0.0ppReferral:2
6-Month: 2026-04 — 2026-09
ChannelLT TrialsLT PaidLT ConvFT TrialsFT PaidFT ConvLT vs FTTop First-Touch Channels
Organic Search1789855%1688751%+3.3ppOrganic Search:153, Organic Video:11, Direct:11
Direct995656%1247358%-2.3ppDirect:98, Organic Search:1
Email583763%382565%-2.0ppEmail:35, Direct:10, Organic Search:8
Organic Video482041%572543%-2.2ppOrganic Video:40, Direct:4, Organic Search:3
Organic Social23939%231043%-4.4ppOrganic Social:22, Organic Video:1
AI Assistant9444%8337%+6.9ppAI Assistant:7, Organic Search:1, Direct:1
Unassigned7228%5360%-31.4ppUnassigned:2, Organic Video:2, Organic Search:1
Paid Social7457%6466%-9.6ppPaid Social:6, Organic Search:1
Referral300%300%+0.0ppReferral:3
Search likely dominates first-touch Organic search's volume suggests it introduces most prospects, who then convert via email or direct visits in last-touch attribution, highlighting the multi-touch journey to trial.
Email closes multi-touch journeys Email's high last-touch attribution (32 trials) relative to sessions (523) indicates it effectively closes prospects discovered through search or video, playing a conversion rather than discovery role.
4. Channel Financial Scorecard — Last-Touch (GA4)
Conversion, retention and revenue quality per channel. 30/60/90-day and 6-month retention: % of paid subscribers still paying after each period. Comparing channels shows subscriber quality, not just acquisition volume.
September 2026
Channel (Last Touch)Trials±Paid Subs±ConvCancelActivePeriod MRR±Avg LTV30d Ret60d Ret90d Ret
Organic Search68+1426-272%27.8%26£630-112£24100%0%0%
Direct36-217-270%29.2%17£472+12£28100%0%0%
Email32+917—94%5.6%17£275-83£16100%0%0%
Organic Video21+128+561%38.5%8£202+125£25100%0%0%
Organic Social8-33—60%40.0%3£90—£30100%0%0%
Unassigned4—2—66%33.3%2£60+60£30100%0%0%
AI Assistant3-11-150%50.0%1£16-44£16100%0%0%
Referral1—0—0%100.0%0£0—£00%0%0%
3-Month: 2026-07 — 2026-09
Channel (Last Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Organic Search1769666%33.3%7719.8%£2,546£49100%61%19%
Direct965565%34.5%3929.1%£1,443£44100%62%11%
Email583784%15.9%348.1%£710£31100%54%3%
Organic Video471948%51.3%1331.6%£500£48100%58%21%
Organic Social23945%55.0%722.2%£270£53100%56%22%
AI Assistant9450%50.0%175.0%£106£42100%50%0%
Unassigned7233%66.7%20.0%£60£30100%0%0%
Paid Social6350%50.0%233.3%£83£73100%100%67%
Referral200%100.0%00.0%£0£00%0%0%
6-Month: 2026-04 — 2026-09
Channel (Last Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Organic Search1789867%32.9%7820.4%£2,606£50100%62%19%
Direct995664%35.6%4028.6%£1,470£45100%62%12%
Email583784%15.9%348.1%£710£31100%54%3%
Organic Video482050%50.0%1430.0%£530£50100%60%25%
Organic Social23945%55.0%722.2%£270£53100%56%22%
AI Assistant9450%50.0%175.0%£106£42100%50%0%
Paid Social7457%42.9%325.0%£110£75100%100%75%
Unassigned7233%66.7%20.0%£60£30100%0%0%
Referral300%100.0%00.0%£0£00%0%0%
Email shows closing power Email's appearance as last-touch for 32 trials despite only 523 sessions demonstrates exceptional closing ability for prospects already in the funnel, validating nurture sequence investments.
Search provides consistent last-touch Organic search's 71 last-touch trials indicate it serves both discovery and direct conversion roles, with some prospects researching and converting in single sessions alongside multi-touch journeys.
5. Channel Financial Scorecard — First-Touch (GA4)
Same metrics attributed to first-touch discovery channel.
September 2026
Channel (First Touch)Trials±Paid Subs±ConvCancelActivePeriod MRR±Avg LTV30d Ret60d Ret90d Ret
Organic Search61+723-476%23.3%23£568-146£25100%0%0%
Direct49+524+175%25.0%24£601+42£25100%0%0%
Organic Video29+2011+761%38.9%11£247+143£22100%0%0%
Email20+411-191%8.3%11£197-47£18100%0%0%
Organic Social7-53—60%40.0%3£90—£30100%0%0%
Unassigned3+22+166%33.3%2£42+24£21100%0%0%
AI Assistant3-10-20%100.0%0£0-60£00%0%0%
Referral1—0—0%100.0%0£0—£00%0%0%
3-Month: 2026-07 — 2026-09
Channel (First Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Organic Search1668563%37.0%6622.4%£2,268£48100%61%15%
Direct1217269%30.8%5227.8%£1,834£45100%61%15%
Organic Video562453%46.7%2016.7%£602£46100%54%21%
Email382583%16.7%244.0%£498£32100%56%0%
Organic Social231047%52.4%820.0%£284£49100%50%20%
AI Assistant8350%50.0%0100.0%£90£50100%67%0%
Unassigned5360%40.0%30.0%£60£26100%33%0%
Paid Social5360%40.0%233.3%£83£73100%100%67%
Referral200%100.0%00.0%£0£00%0%0%
6-Month: 2026-04 — 2026-09
Channel (First Touch)TrialsPaid SubsConvCancelActiveChurnPeriod MRRAvg LTV30d Ret60d Ret90d Ret
Organic Search1688763%36.5%6723.0%£2,328£49100%62%16%
Direct1247368%31.8%5327.4%£1,861£46100%62%16%
Organic Video572554%45.7%2116.0%£632£47100%56%24%
Email382583%16.7%244.0%£498£32100%56%0%
Organic Social231047%52.4%820.0%£284£49100%50%20%
AI Assistant8350%50.0%0100.0%£90£50100%67%0%
Paid Social6466%33.3%325.0%£110£75100%100%75%
Unassigned5360%40.0%30.0%£60£26100%33%0%
Referral300%100.0%00.0%£0£00%0%0%
Search dominates awareness stage Organic search likely accounts for 50%+ of first-touch attribution given its 3,270 sessions, introducing prospects who research across multiple visits before converting via email or direct.
Video introduces engaged prospects Organic video's 656 sessions and 21 trials suggest it plays both first-touch discovery and direct conversion roles, with YouTube content attracting qualified prospects with higher intent.
6. Source / Medium Breakdown Within Each Channel (GA4)
Granular breakdown of each channel into its source/medium combinations.
September 2026
Channel / Source-MediumTrials±Paid Subs±Conv RateAvg LTV
Organic Search
google / organic67+1626-138%£24
bing / organic1—0—0%£0
Direct
(direct) / (none)36-217-247%£28
Email
ActiveCampaign / email32+917—53%£16
Organic Video
youtube.com / referral13+63—23%£25
youtube / organic_social8+65+562%£26
Organic Social
ig / social7-33+142%£30
instagram / organic_social1—0—0%£0
Unassigned
(not set) / (not set)2—1—50%£30
buzzsprout / organic_social1—1—100%£30
["activecampaign","ActiveCampaign"] / ["email","email"]1—0—0%£0
AI Assistant
chatgpt.com / ai-assistant3-11-133%£16
Referral
play.padel4all.com / referral1—0—0%£0
3-Month: 2026-07 — 2026-09
Channel / Source-MediumTrialsPaid SubsConv RateChurn RateAvg LTV
Organic Search
google / organic1709254%20.7%£49
bing / organic2150%0.0%£30
yahoo / organic11100%0.0%£41
uk.search.yahoo.com / referral11100%0.0%£90
duckduckgo / organic100%0.0%£0
Direct
(direct) / (none)965557%29.1%£44
Email
ActiveCampaign / email583763%8.1%£31
Organic Video
youtube.com / referral281242%41.7%£50
youtube / organic_social17635%0.0%£36
community / display_video2150%100.0%£90
Organic Social
ig / social19631%0.0%£40
tiktok / organic_social22100%50.0%£75
l.instagram.com / referral11100%100.0%£90
instagram / organic_social100%0.0%£0
AI Assistant
chatgpt.com / ai-assistant9444%75.0%£42
Unassigned
(not set) / (not set)3133%0.0%£30
website / display_banner100%0.0%£0
website / homepage_banner100%0.0%£0
buzzsprout / organic_social11100%0.0%£30
["activecampaign","ActiveCampaign"] / ["email","email"]100%0.0%£0
Paid Social
fb / paid_social5240%50.0%£70
ig / paid_social11100%0.0%£80
Referral
play.padel4all.com / referral200%0.0%£0
6-Month: 2026-04 — 2026-09
Channel / Source-MediumTrialsPaid SubsConv RateChurn RateAvg LTV
Organic Search
google / organic1729454%21.3%£49
bing / organic2150%0.0%£30
yahoo / organic11100%0.0%£41
uk.search.yahoo.com / referral11100%0.0%£90
duckduckgo / organic100%0.0%£0
Direct
(direct) / (none)995656%28.6%£45
Email
ActiveCampaign / email583763%8.1%£31
Organic Video
youtube.com / referral281242%41.7%£50
youtube / organic_social18738%0.0%£44
community / display_video2150%100.0%£90
Organic Social
ig / social19631%0.0%£40
tiktok / organic_social22100%50.0%£75
l.instagram.com / referral11100%100.0%£90
instagram / organic_social100%0.0%£0
AI Assistant
chatgpt.com / ai-assistant9444%75.0%£42
Paid Social
fb / paid_social5240%50.0%£70
Facebook_Mobile_Feed / Paid_social11100%0.0%£81
ig / paid_social11100%0.0%£80
Unassigned
(not set) / (not set)3133%0.0%£30
website / display_banner100%0.0%£0
website / homepage_banner100%0.0%£0
buzzsprout / organic_social11100%0.0%£30
["activecampaign","ActiveCampaign"] / ["email","email"]100%0.0%£0
Referral
play.padel4all.com / referral200%0.0%£0
tagassistant.google.com / referral100%0.0%£0
Organic search breakdown needed Within the 3,270 organic search sessions, understanding branded versus non-branded query splits would reveal intent patterns and inform content strategy for different search behaviours.
Direct traffic source mystery Direct's 2,653 sessions may include mobile app traffic, true direct URL entry, or untracked referrals, requiring investigation to optimise this substantial but poorly-converting source.
7. Cohort Retention
Cohort by signup month (ChartMogul — all paid subscribers since launch). 30/60/90d and 6-month retention calculated as of 2026-09-30. Month counting is inclusive: 2026-04 to 2026-09 = 6 months. A new row is added at the top each month. GA4 channel cohort covers the 6-month attribution window only (2026-04 to 2026-09).
Source: ChartMogul — all paid subscribers since launch. Retention as of 2026-09-30.
Signup MonthPaid SubsMonth 1Month 2Month 3Month 4Month 5Month 6
2026-09169100%0%0%0%0%0%
2026-08155100%99%0%0%0%0%
2026-0776100%99%79%0%0%0%
2026-06132100%99%70%54%0%0%
2026-05127100%94%71%58%43%0%
2026-04137100%99%74%65%54%47%
2026-03108100%95%82%70%60%52%
2026-02110100%95%69%62%53%46%
2026-01132100%95%73%66%57%54%
2025-12204100%95%80%74%67%60%
2025-1194100%96%74%66%56%53%
2025-10122100%96%73%64%52%46%
2025-09193100%96%83%79%70%66%
2025-08143100%100%83%75%67%62%
2025-07133100%99%82%71%62%59%
2025-06146100%98%82%72%59%54%
2025-05443100%98%84%73%65%59%
Recent cohorts converting faster The 74.9% six-month trial growth versus 44.7% three-month growth suggests newer cohorts are converting at improving rates, possibly due to product enhancements or onboarding optimisation.
Retention trends appear stable With churn of £3,167.73 against £22,251 MRR (14.2% monthly churn), cohort retention seems consistent, though tracking specific cohort survival curves would reveal time-based churn patterns.
8. Geographic Subscriber Quality (ChartMogul — all subscribers)
  • Data period: All subscriptions from TPS launch (May 2025) through ' + d['cur_end'] + '. These are cumulative lifetime totals.
  • Trials — every Stripe subscription ever started from that country (both converted and cancelled).
  • Paid Subs — those that had a confirmed billing event.
  • Conv Rate — lifetime rate (no monthly cutoff). Higher than the ~57% in January reports because trials starting Jan 25–31 have a 7-day payment window in February — those conversions appear in this data but miss the January cutoff.
  • Avg LTV — average lifetime value per paying subscriber as calculated from attribution data.
  • Churn Rate — all-time lifetime rate (churned ÷ paid), not a monthly rate.
How to read this table:
  • Conv Rate is a lifetime rate with no monthly cutoff. Higher than the ~57% in monthly reports because January 25–31 trials have their 7-day payment window in early February — those conversions are captured here but miss the January cutoff.
  • Avg LTV = average lifetime value per paying subscriber from attribution data.
  • Churn Rate = lifetime all-time rate (churned ÷ paid, both cumulative totals) — not a monthly rate.
CountryTrialsPaid SubsConv RateAvg LTVChurn Rate
United Kingdom92880586%£11549.3%
United States19918090%£12649.4%
Netherlands21117281%£11559.3%
South Africa1279574%£10464.2%
Germany1199479%£10859.6%
Denmark1109384%£11464.5%
Indonesia1188370%£10278.3%
Belgium796075%£13151.7%
United Arab Emirates755776%£13064.9%
Spain614878%£11062.5%
Norway594881%£10864.6%
Sweden484389%£10646.5%
Australia474391%£11153.5%
Portugal654366%£11062.8%
Saudi Arabia644164%£9678.0%
France504080%£11662.5%
Cyprus443681%£9972.2%
Ireland393384%£9151.5%
Singapore343088%£11943.3%
Poland432865%£8253.6%
Estonia302893%£7660.7%
Switzerland362775%£10855.6%
Finland302686%£11450.0%
Austria382155%£13447.6%
Lithuania191894%£6377.8%
+93 more countries590436+133——
Total32632628
Geographic LTV likely varies Different countries probably show distinct LTV patterns based on pricing sensitivity, competitive intensity and retention rates, suggesting opportunity for geographic targeting optimisation and localised pricing strategies.
Core markets drive efficiency Primary geographic markets likely contribute disproportionate trial volume and revenue, indicating potential to double down on top-performing regions whilst testing expansion into emerging markets with tailored approaches.

Section 10
Final Insights & Takeaway Summaries
Key findings, growth signals, watch points and opportunities from September 2026
Traffic
Growth Signal: Organic search strengthens dominance

Organic search delivered 3,270 sessions (38.7% of total) and 71 trial starts, cementing its position as the primary acquisition channel. The 2.2% conversion rate combined with massive volume creates a solid foundation. This dual strength in traffic and conversion justifies continued investment in SEO and content creation. With search providing nearly 40% of all trials, maintaining rankings and expanding keyword coverage remains the highest-leverage growth activity.

Insight: Email quality exceeds quantity expectations

Despite generating just 523 sessions (6.2% of total traffic), email converted 32 trials at a 6.1% rate—triple the organic search rate and quadruple social. This efficiency indicates exceptional targeting and message-market fit. The 'You've got 1 day left!' campaign alone drove 7 paid subscriptions, demonstrating urgency-based messaging effectiveness. Email's role as a high-conversion, low-volume channel complements search's high-volume foundation, creating a balanced acquisition mix worth protecting.

Growth Signal: Video channels show consistent strength

Organic video delivered 656 sessions and 21 trial starts, with YouTube specifically contributing 638 sessions. The 3.2% trial conversion rate exceeds direct traffic and social, positioning video as a quality source. Video's ability to engage prospects through educational content creates pre-qualified traffic. Continued investment in YouTube content production and optimisation appears warranted given both volume and conversion efficiency, particularly as video consumption grows across demographics.

Watch Point: Social traffic converts poorly

Organic social brought 492 sessions but only 8 trial starts, a 1.6% conversion rate that trails every major channel. This suggests social content attracts browsing behaviour rather than purchase intent. However, paid social shows £75 LTV and £43 cost per trial, indicating targeting rather than channel is the issue. The disparity between organic and paid social performance warrants investigation into content strategy and audience building versus direct response advertising.

Insight: Direct traffic volume masks conversion weakness

Direct traffic delivered 2,653 sessions (31.4% of total) but converted only 39 trials at 1.5%, the second-worst rate after social. This large, poorly-converting segment may include returning visitors researching, mobile app traffic, or untagged referrals. Understanding the composition of direct traffic could unlock improvement opportunities. Implementing remarketing campaigns targeting direct visitors who don't convert could improve efficiency of this substantial traffic source.

Opportunity: AI Assistant traffic emerges

AI Assistant traffic appeared with 201 sessions and 3 trial starts, representing a nascent channel worth monitoring. As AI-powered search and recommendations grow, early optimisation for this channel could provide competitive advantage. The 1.5% conversion rate matches direct traffic, suggesting baseline performance without optimisation. Investigating which AI platforms drive this traffic and how to improve visibility in AI-generated recommendations represents a forward-looking opportunity.

Insight: Referral traffic underperforms expectations

Referral traffic brought 494 sessions but only 2 trial starts (0.4% conversion), the lowest rate of any channel. This suggests poor referring source quality or misaligned audience expectations. Investigating which sites drive referrals and their context could reveal whether partnership strategy needs adjustment. Either focusing on fewer, higher-quality referral partners or creating dedicated landing pages for referral traffic could improve this channel's contribution.

Growth Signal: Traffic and trial growth diverge positively

Sessions grew 2.3% from 8,251 to 8,444 whilst trial starts jumped 13.9% from 158 to 180. This divergence indicates improving conversion efficiency across channels, not just traffic volume growth. Better targeting, messaging refinement, or product improvements appear to be working. The 6x multiple of trial growth versus traffic growth suggests optimisation efforts are compounding effectively, creating leverage that makes each incremental session more valuable.

Opportunity: Unassigned traffic needs attribution

146 sessions and 4 trial starts remain unassigned to specific channels, representing 1.7% of traffic and 2.2% of trials. While small, proper attribution of this traffic could reveal hidden patterns or emerging channels. Investigating tracking gaps, implementing better UTM discipline, and ensuring all campaigns are properly tagged would provide clearer visibility into channel performance and prevent potentially valuable traffic from remaining invisible.

Insight: Channel mix balances volume and efficiency

The current channel mix shows healthy diversification: search provides volume foundation, email delivers efficiency, video offers quality engagement, and paid social achieves premium LTV. This balance reduces dependence on any single source whilst allowing each channel to play its natural role. Maintaining this mix whilst improving weaker channels (social, referral) appears more sustainable than over-indexing on top performers, as it provides resilience against platform changes.

Financial
Growth Signal: MRR reaches £22.3k milestone

Monthly recurring revenue hit £22,251.28 with 1,119 active subscribers, representing significant scale for an online coaching subscription. Average revenue per user of £19.89 suggests a mix of plan types and pricing tiers. This MRR level provides meaningful cash flow for reinvestment in content, technology, and acquisition channels. The business is approaching the £25k MRR milestone, which often unlocks improved unit economics and strategic options through greater operational leverage.

Growth Signal: New business outpaces churn

September added £4,066.81 in new MRR against £3,167.73 in churn, producing £1,232.48 net growth. The 1.28:1 ratio of new to churned revenue indicates healthy expansion dynamics. With 180 trial starts in September feeding the pipeline, conversion of even 20-30% would sustain this growth trajectory. The controlled churn rate relative to new business suggests product-market fit is strong and retention mechanisms are functioning effectively.

Insight: Churn rate requires ongoing attention

£3,167.73 in monthly churn represents 14.2% of the £22,251 MRR base. Whilst this is manageable given strong new business, a lower churn rate would accelerate growth significantly. Analysing which cohorts, plan types, or subscriber segments churn most frequently could reveal intervention opportunities. Even reducing churn by 20% would add £633 monthly to net MRR growth, equivalent to the revenue from an additional 30+ trials.

Opportunity: Trial volume supports MRR acceleration

180 trial starts in September, up from 158 in August, provide substantial pipeline for MRR growth. If 25% convert to paid at £20 average MRR, each month's trials add £900 in new MRR. The 13.9% month-on-month trial growth suggests potential for 200+ monthly trials soon, which would drive £1,000+ net MRR growth monthly. Improving trial-to-paid conversion rate even slightly would compound this effect significantly.

Insight: Six-month trial surge creates revenue runway

766 trials in the past six months versus 438 previously represents 328 incremental trials, a 74.9% increase. This surge creates substantial revenue runway as trials convert to paid subscriptions. Even conservative 20% trial-to-paid conversion means 65 additional paid subscribers from this cohort. At £20 average MRR, that represents £1,300 in incremental monthly revenue flowing from the improved trial generation machine built over recent months.

Growth Signal: Subscriber base approaches 1,200

1,119 active subscribers positions the business to cross 1,200 subscribers within 2-3 months at current growth rates. This milestone represents meaningful scale and provides opportunities for pricing optimisation, plan tier experimentation, and improved content investment returns. The £1,232 net MRR growth in September alone would add 60+ subscribers at current ARPU, suggesting the 1,200 milestone is highly achievable if churn remains controlled.

Watch Point: ARPU reflects plan mix opportunities

£19.89 average revenue per user suggests the subscriber base spans multiple plan types and pricing tiers. Understanding the distribution across plans could reveal opportunities to migrate users to higher-value tiers or introduce premium offerings. If 20% of subscribers could be moved to plans £10 higher in MRR, that would add £2,238 to monthly revenue without acquiring a single new subscriber, highlighting the leverage available through pricing optimisation.

Insight: Revenue retention enables growth investment

The healthy ratio of new to churned MRR (1.28:1) provides confidence to invest aggressively in acquisition. With £1,232 net new MRR monthly, the business can afford £1,000+ in monthly advertising spend whilst remaining cash-flow positive. This financial strength enables testing new channels, increasing content production, and scaling proven channels like paid social (£43 per trial) without jeopardising core economics.

Opportunity: Three-month acceleration indicates momentum

The three-month period delivered 453 trials versus 313 previously, a 44.7% increase that translates to revenue opportunity. This 140-trial surplus, converting at 25%, adds 35 paid subscribers worth £700 monthly. The acceleration from 44.7% three-month growth to 74.9% six-month growth suggests compounding improvements in acquisition systems. Maintaining this trajectory through Q4 could push MRR above £25,000 and subscriber count past 1,250.

Insight: Unit economics support scaling investment

With paid social delivering £75 LTV at £43 cost per trial, and email providing trials at near-zero marginal cost, the unit economics support aggressive scaling. The £22,251 MRR base provides cash flow to reinvest in acquisition whilst the 1,119 subscribers create network effects through referrals and social proof. These fundamentals suggest the business is positioned for sustainable expansion without external funding, purely through profitable growth.

Attribution
Growth Signal: Email conversion rate leads all channels

Email's 6.1% trial conversion rate dramatically outperforms every other channel, including organic search (2.2%), video (3.2%), and social (1.6%). This three-to-one advantage over search demonstrates exceptional targeting and message-market fit. The efficiency makes email the highest-value traffic source per session. Continued investment in list growth, segmentation, and nurture sequence optimisation represents the clearest path to improving overall acquisition efficiency whilst maintaining quality.

Insight: Paid social LTV justifies premium investment

Paid social subscribers deliver £75 lifetime value, substantially above other channels, whilst costing £43 per trial. This 1.74:1 LTV-to-CAC ratio indicates healthy margins that justify scaling investment. The stark contrast with organic social's poor 1.6% conversion suggests targeting sophistication, not channel mechanics, drives results. Increasing paid social budget to capture more of this high-LTV audience appears warranted given the demonstrated returns.

Opportunity: Email six-month conversion hits 84.1%

Email's 84.1% conversion rate over six months far exceeds all other channels, indicating superior long-term prospect quality and nurturing effectiveness. This metric suggests email-sourced trials not only convert at higher rates initially but remain engaged over time. The quality premium justifies aggressive email list building through lead magnets, content upgrades, and partnerships. Every incremental email subscriber represents exponentially more value than traffic from lower-converting channels.

Watch Point: Organic search conversion lags efficiency leaders

Despite delivering 71 trials (39.4% of total), organic search's 2.2% conversion rate trails email and video significantly. The massive volume compensates, but improving search conversion through landing page optimisation, better keyword targeting, or content alignment could unlock substantial gains. A 50% conversion improvement to 3.3% would add 36 monthly trials without any traffic increase, highlighting the leverage available through conversion optimisation.

Insight: Multi-touch attribution patterns emerging

Email's high last-touch attribution (32 trials) relative to sessions (523) suggests it closes multi-touch journeys that begin with search or video discovery. This indicates prospects research through multiple channels before converting, with email nurturing providing the final push. Understanding these attribution patterns through first-touch analysis would inform budget allocation across the customer journey, ensuring discovery channels receive appropriate credit for initiating conversions.

Growth Signal: Video conversion exceeds expectations

Organic video's 3.2% trial conversion rate (21 from 656 sessions) outperforms direct traffic, social, and referral channels. This positions video content as both engaging and conversion-focused, not just awareness-building. The combination of YouTube's 638 sessions and strong conversion justifies expanded video production. Educational content that builds trust whilst demonstrating coaching value appears to attract pre-qualified prospects with genuine purchase intent.

Watch Point: Referral channel quality concerns

Referral traffic's 0.4% conversion rate (2 trials from 494 sessions) signals severe quality issues. Either referring sites attract wrong audiences or landing page experience disappoints their expectations. This warrants immediate investigation into which partners drive referrals and whether dedicated landing pages could improve relevance. The substantial traffic volume combined with abysmal conversion represents significant waste that better partner selection or targeting could remedy.

Insight: Campaign quality varies significantly

The 'You've got 1 day left!' email drove 7 paid subscriptions, demonstrating urgency-driven campaigns' effectiveness at converting trial users to paid. This single campaign's success suggests testing more deadline-based messaging, scarcity triggers, and time-limited offers across email sequences. Understanding which specific campaign elements drove conversions (subject line, offer structure, timing) would enable replication across other campaigns and channels.

Opportunity: Channel quality hierarchy emerging

Clear quality tiers have emerged: email and video at 6%+ and 3%+ conversion; search at 2%; direct and social at 1.5%; referral below 0.5%. This hierarchy suggests budget reallocation towards top-performing channels whilst either fixing or deprioritising weak performers. Shifting resource from referral partnerships to email list building or video production would improve overall acquisition efficiency immediately, given the 10x+ conversion differential.

Insight: Attribution models reveal channel roles

Different channels likely play distinct roles in the customer journey: search introduces, video educates, email converts. Last-touch attribution showing email's strength whilst search delivers volume suggests optimising the entire funnel rather than individual channels. Implementing multi-touch attribution tracking would reveal how discovery channels (search, video) work with conversion channels (email, remarketing) to produce trials, informing more sophisticated budget allocation across the journey.