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SaaS Churn: Myths, Benchmarks, and Strategies to Retain More Revenue

FastSpring

Last week, I canceled an annual SaaS subscription (I had three weeks left until renewal). Interestingly, even though I paid for a year-long subscription, the company didn’t let me keep the last three weeks of access to its premium features. This action will immediately downgrade your subscription. Part I: SaaS Churn Benchmarks.

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Top 10 Business Metrics for Shopify App Developers

Baremetrics

Shopify is a huge opportunity for developers looking to expand into the micro-SaaS space. The Shopify App Store brings together Shopify app developers and Shopify shop owners for their mutual benefit. Why you need to track business metrics for Shopify App Developers 10 business metrics for Shopify App Developers 1.

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Getting SaaS Accounting and Financial Operations Right in 2022

SaaSOptics

Based on a 2019 survey, Gartner forecasts that eighty-four percent of new software will be delivered as SaaS , and this percentage is expected to increase as existing providers transition to a subscription-based model. The main difference between accounting for a subscription vs. a traditional business is the method used.

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ChatGPT for Product Managers: 13 Best Prompts

User Pilot

Perform a SWOT analysis, identify the strengths and weaknesses of your top competing products, etc. You may want to learn who your top competitors are, their value proposition , and their weaknesses. Can you help me with a list of the top 3 competitors in this space, their value propositions, and their weaknesses?

ChatGPT 88
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Customer Acquisition Cost: The Secret Weapon of Successful Startups

Chart Mogul

This sounds complicated — how do you figure out and track whether each customer is profitable when you’re dealing with hundreds (even thousands) of leads and prospects on a daily basis? What is the Customer Acquisition Cost? Every team has their own slightly different way of calculating the cost of customer acquisition.

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How to Calculate MRR for Shopify Partner Apps

Baremetrics

This system has brought more functionality, better usability, and top-notch customer service, all of which would have been impossible from one company working alone. Baremetrics can calculate MRR for Shopify Partner Apps One of the most important metrics is monthly recurring revenue ( MRR ). What are growth metrics for?

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Customer Acquisition Cost: The Secret Weapon of Successful Startups

Chart Mogul

This sounds complicated — how do you figure out and track whether each customer is profitable when you’re dealing with hundreds (even thousands) of leads and prospects on a daily basis? What is the Customer Acquisition Cost? Every team has their own slightly different way of calculating the cost of customer acquisition.