Partner brief Confidential 21 Aug 2026

The Change

A two-day online menopause summit, the product that monetises it, and what the model returns at scale.

01

The gap

US women 45–6556MThe transition window
In active perimenopause25MRight now
Treated for menopause2.1M5% of the age group
Category value$17.8BAnd growing

Three quarters of women in menopause are not treated.

Not undiagnosed. Symptomatic, aware, and not receiving care. Most primary care physicians receive very little menopause training, which is a curriculum problem rather than a scandal, and it means the burden of the conversation lands on the patient.

The gap is not information. Free information is abundant and the category is saturated with it. The gap is access and advocacy: finding a clinician who has actually trained in this, and knowing what to ask inside a twelve-minute appointment.

Why that matters commercially

The gap is non-clinical, which means it can be served by a publisher rather than a provider. That is the whole business, and it is the reason a host without a medical credential is the right person to build it.

02

The format

Two days, online, 24 sessions across 12 clinicians. Free to register, free to watch live in a 48-hour window, then the replays close. Live three or four times a year with an evergreen replay funnel in between.

Amy Simon hosts. Twenty years as a television host and spokesperson. She convenes, frames and asks the question the audience is thinking. She is not a clinician, does not present as one, and gives no medical guidance at any point. The speakers carry the medicine; she carries the room.

Compliance posture

No outcome claims anywhere. No diagnosis, no hormone or dosage recommendations, no supplement claims. Every speaker is introduced with credentials and affiliation, and commercial interests are disclosed on screen. Advertising is framed at the category, never at the reader, because health status is a protected attribute under Meta's 2026 rules.

03

The model

The Change funnel model Paid traffic and speaker lists drive free summit registration. The summit leads to the All-Access Pass at 147 dollars, which is the revenue engine, then to the Advocacy Intensive at 197 and the annual bundle at 497. The pass also carries a membership bump at 29 a month, which feeds telehealth referrals, and the annual bundle feeds a group programme at 2,500 dollars. ACQUIRE CONVERT ASCEND Paid social plus speaker lists Free registration the audience Two-day summit 12 clinicians Pass $147 THE ENGINE Intensive $197 advocacy Annual $497 plus both courses Membership $29 a month Referrals telehealth, labs Group $2,500 capacity-limited bump
Editable version in FigJam: The Change funnel model
The one thing to take from this diagram

The All-Access Pass is the business. It produces roughly seven times what the high-ticket programme does. Every instinct carried over from a coaching funnel is wrong here, and that inversion is precisely why a host without a medical credential can build it: the item that makes the money requires none.

The pass exists because the summit creates a specific problem. She has just heard twelve clinicians say forty things and has no idea what to do on Monday. Twenty hours of excellent content is not a plan. The pass is the layer between information and treatment: every session permanently, a symptom-to-session index, an appointment kit, twelve speaker bonuses and a ninety-day tracker.

04

Economics at 100,000 registrants a month

ConservativeBase (live)Optimistic
CPL / pass conversion$7 / 3%$5 / 5%$5 / 7%
All-access pass$381,000$735,000$1,379,000
Bump and course upsell$99,030$165,050$231,070
Group programme$103,125$103,125$103,125
Membership$50,000$50,000$50,000
Partner and affiliate$40,000$100,000$180,000
Sponsorship$20,000$60,000$60,000
Revenue$693,155$1,213,175$2,003,195
Ad spend($700,000)($500,000)($500,000)
All other cost($260,532)($311,814)($395,477)
Net($267,377)
Net$401,361$1,107,718

The blended year, which is the number to plan against

A live summit cannot run monthly. Speakers will not re-record and the audience depletes. Three or four live events a year with evergreen replays between, and evergreen converts at roughly 60 to 70% of live.

MonthsNet eachTotal
Live summit months3$401,361$1,204,083
Evergreen months9$103,232$929,088
Year one at full volume12$2,133,171

Roughly $12.6M revenue and $2.1M net, about $178,000 a month blended. Not $400,000. Anyone quoting the live-month figure as a run rate is quoting a peak.

05

What breaks it

CPLPass 3%Pass 5%Pass 7%
$5+$85K+$401K+$1,108K
$6($15K)+$301K+$1,008K
$7($267K)+$201K+$908K
Two numbers, and everything else is rounding

Registrant CPL and pass conversion. At $7 and 3% the model loses a quarter of a million dollars a month. At $5 and 5% it makes four hundred thousand. Same traffic, same product, same team.

100,000 a month is probably above the efficient frontier. Half a million dollars a month against women 45 to 60 on Meta is a large share of that inventory and CPL climbs as you take more of it. Ramp 30K, then 60K, then toward 100K, watching CPL at each step.

The competitive reality

The category is consolidating rather than emerging. Midi Health has raised $250M, The 'Pause Life reached $43M in revenue, and its founder is now Chief AgeWell Officer at Midi. The summit format sidesteps the authority contest, because a convener is not competing with a clinician. It does not sidestep the traffic auction.

And the line deliberately under-modelled

Those same funded companies are in a customer land grab. A warm audience of 100,000 women aged 45 to 60 a month is exactly what they pay to acquire. Partner revenue is modelled at $100K a month and could plausibly be the largest line on the sheet, at close to pure margin. It should be negotiated before spend scales, not after, because partner economics determine what CPL the model can afford.

06

What we need from the studio

  1. Production for two days of live broadcast plus the edit into 24 evergreen sessions with transcripts. Quality here is the offer; a summit that looks cheap cannot charge $147 for its recordings.
  2. Speaker capture. Twelve clinicians, remote, scheduled around clinical practice. Assume reschedules and build the pipeline for it.
  3. Creative volume. The traffic layer needs dozens of assets a month and every one is health-compliance reviewed before it runs.
  4. A real CPL test before anything else. Five hundred registrations against women 45 to 60. That single number moves the annual model by roughly $600,000 and it can be bought this week.
Already built

The registration page and the pass sales page exist and are live for review. The market research, the product definition and the full model are documented. What does not exist is the traffic data, and that is the only thing standing between this brief and a decision.