You focus on product and growth. We'll handle retention for you. We’re everything your customer-obsessed team needs to improve retention, automatically.
Had a blast on the @churnkey podcast.
Got a chance to talk about our the evolution of who we consider to be our ICP, growing a PLG SaaS product, and lots of mindset.
Their show is really solid, and we’ve been a longtime, very happy customer.
Link 👇
Subscription cancellation with Company A
1. Asks user why they're cancelling
2. User selects "Too expensive"
3. Company says "ok"
Subscription cancellation with Company B
1. Asks user why they're cancelling
2. User selects "Too expensive"
3. Company responds by offering a 70% discount for the next 3 months
In 3 months time, circumstances might change, and the software may no longer feel "Too Expensive" for the user. Or maybe not. Either way, you walked away with another 3 months of revenue with the possibility to extend.
I have, personally, folded for these 97% of the time I am so serious no joke whatsoever
If you don't know how to implement something like this I'll point you to one I know of called @churnkey
Any works tho - it's more important that you implement it
The Hookdeck August & September Review is out:
🎉 How Hookdeck helped @churnkey scale and improve their SDLC
🔍 @Event_Catalog visualizes Hookdeck sources, destinations, and events
🔧 SupaHooks helps create and manage outbound webhooks with Next.js
🔖 Bookmarks enable webhook event replay for dev, testing, and debugging
🔁 Updated guides on receiving and replaying webhooks with Vercel & Netlify
Thanks to our sponsor @churnkey for making this post
A. Happen
B. Making it Free to All!
C. Making it Rad with Feedback
Check them out: https://t.co/vAAY6Y6uha
🎙️Today we have @BairdHall, Co-Founder of @churnkey.
Baird shared Jason shared how effective reactivation tactics and segmentation can transform cancellations into customer retention opportunities. Click to listen: https://t.co/CO3DFT4Jqh
Every #SaaS and #subscription company needs a failed payment recovery strategy. "Dunning" tools are usually the best place to start.
Need a fresh look? Here is a list of the best dunning tools on the market 👇
https://t.co/k7J10WsLeD
February report for Supergrow
💸 $7313 MRR (+44.8%)
💰 $8617 Net Cash Flow
👀 29K Page views(on our landing page)
✨ 2193 Signups
✅ 154 new paying customers
🎯 2316 Posts published from the platform
Goals for March
• $100K ARR
• Revamp & Relaunch Chrome extension
• Improve conversion rate
What went well this month?
3 major wins
#1
Our ProductHunt Launch went super great. We got more than 50+ customers because of that. Also, we won the Product of the Day and Product of the Week title.
#2
We are growing the team now. We now have @Marinersrevenge, who will help us market the product. One person will help us with customer support queries late at night, and one frontend dev will help us build our Chrome extension.
#3
Churn is getting down. It reduced from around 13.33% to 11%. It is still early, but I am happy about it. We integrated with @churnkey, and the early results are good.
What can be improved?
#1
Churn is still high(11% this month). The good part is that we know why customers are churning. Still, a lot of work is needed here.
#2
Our customer support quality has reduced. With a dedicated support person, we hope to maintain the same quality as we had a few months ago.
Super excited for March 🚀
Is your business is growing? What’s your revenue ceiling at your current churn rate? Explore all this and more with our free SaaS churn calculator: https://t.co/ZkIt2QMp5T
🚀 Elevate user retention and boost customer lifetime value with our latest insights! Discover the pivotal points in your SaaS product that truly benefit users throughout their journey. 🔄 Understanding the precise steps of the customer lifecycle is key.
https://t.co/xzbIeOjiY2
We’re hiring a business development representative on the Churnkey team! Learn more about the role and send in your application here: https://t.co/4dn3OMBh1H
Curious about tackling subscription cancellations? We’ve got you covered! Streamline your cancellation process for happier customers and revenue boost. Cancel Flows can even cut active churn by up to 51%! #subscriptions#cancellation#churn#churnkey#customerexperience