article thumbnail

12 Effective Ways to Increase Customer Lifetime Value for SaaS

User Pilot

So what can you actively do to give customer lifetime value a boost? In this guide, we’ll explore twelve tactics to pump this metric up—from personalizing experiences to offering proactive assistance—and see how they can help you nurture customer retention and growth. What is customer lifetime value?

article thumbnail

Maximize Revenue with the Customer Engagement Model

Subscription Flow

In such a scenario, what subscription-based businesses like these dating apps usually do is they redirect their energies into improving their customer lifetime value by reworking their customer engagement model. Understanding the importance of engaging subscribers 2. It is measured using various metrics.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Guide to Customer Retention: Importance, Strategies & Metrics

User Pilot

You will also learn how to build a retention strategy, what metrics to track, and 10 bulletproof retention tactics for SaaS companies. TL;DR Customer retention is the ability to keep your customers actively using their products. Secondary onboarding introducing advanced features unlocks additional customer value.

Retention 111
article thumbnail

8 SaaS Dashboard Examples to Track Key Metrics

User Pilot

Let’s go over 8 examples of SaaS dashboards and see how they can fit your business objectives: TL;DR A SaaS dashboard centralizes KPIs, metrics, and analytics to improve user experience and drive product growth. It includes metrics such as: Active users by day, week, and month. Top engaged users and companies. User stickiness.

Metrics 105
article thumbnail

How to Increase Customer Lifetime Value with Personalized Retention Marketing?

User Pilot

They’re also more cost-effective than customer acquisition strategies. Personalization is a three-step process that begins with data collection from multiple sources, continues with user segmentation , and ends with actions taken to engage each segment. What is customer retention marketing?

article thumbnail

How to Calculate Customer Lifetime Value

Totango

Instead of judging success according to just the ebb and flow of new business, enterprises have to take a long-term view and work out how to calculate customer lifetime value. Calculating Customer Lifetime Value. Customer lifetime value is the total amount a customer will spend if you retain them.

article thumbnail

15 Digital Product Metrics You Should Track for SaaS

User Pilot

Digital product metrics reveal how customers interact with your product. However, not all metrics are created equal. In this article, we hone in on the best metrics for product teams looking to drive product growth. How do you choose the right digital product metrics to focus on? Book a demo now to learn more.

Metrics 104