article thumbnail

The Top 7 Churn Management Strategies for B2B Enterprises

Totango

You are not powerless in the face of churn. There are almost always indicators that a customer is going to churn, which means that if identified early, a good Customer Success team can mitigate the risk and execute a successful recovery plan. Think of churn like a risk that can be negotiated like any other. . Why Churn Matters.

Churn 106
article thumbnail

9 Must-Have Integrations to Level Up Customer Success Software

ChurnZero

Get direct access to CRM data, such as accounts, contacts, opportunities, cases, subscription data (renewal date, license count, total contract value, etc.) Subscription Billing Software. What is subscription billing software? Webinar software is a virtual seminar platform that creates live or recorded video presentations.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

15 Effective Strategies to Reduce Customer Attrition Rate and Drive Business Growth

User Pilot

TL;DR Customer attrition or customer churn is the loss of a customer(s) by a business. Understanding and limiting customer churn improves customer loyalty and the customer’s lifetime value. To calculate the churn rate, divide the number of customers lost by the total number of customers at the beginning of that period.

article thumbnail

Six Customer Success Email Templates to Save Your CS Team Time

Totango

Keeping in touch with your clients is the best way to minimize churn, but it can take considerable time if you do it manually. An excellent opportunity to engage clients is inviting them to an event, such as a webinar or seminar. Renewal reminder emails are vital for SaaS subscription services. Here’s a sample template.

article thumbnail

What Is Flywheel Marketing?

Baremetrics

The Baremetrics New Customer dashboard is looking great, but your monthly recurring revenue rates aren’t climbing as you thought they would. Customers are unhappy and downgrading or churning. Because it focuses on retention, this model is uniquely suited to SaaS companies that rely on repeat subscriptions. Try Baremetrics free.

article thumbnail

5 Lessons on SaaS Pricing

SaaSX

Part seminar and part Q&A, these veteran SaaS experts shared some truly brilliant, eye-opening and inspiring SaaS data and discoveries that are sure to benefit SaaS founders of all kinds. Value-based pricing is also very helpful in terms of decreasing churn, allowing customers to downgrade certain seats and upgrade others.

Pricing 80
article thumbnail

10 Best SaaS Retention Strategies for your business!

CustomerSuccessBox

As a result, customers churned and the firm couldn’t do anything about it. The moral of the above story is- If you have a high customer churn rate, no matter how many new clients you get, your business and revenue will suffer. You can also look for patterns by breaking down your churn data into different customer segments.