SaaS Churn Threats: Identify and Retain At-Risk Customers

Now that you are attracting the right customers and monitoring for and driving engagement to lower your SaaS Churn Rate, you need to start monitoring and getting proactive on Churn Threats.

SaaS churn threats aren’t just a signal that you have an at-risk customer; these are literally threats to your business, your revenue, your valuation & your ability to grow and they should be taken very seriously.

And since churn is a customer lifecycle issue, not just something that happens at the end of the customer lifetime, the seeds of churn are often planted early and they actually start to sprout over the course of the customer lifetime.

If you aren’t looking for it, you could miss that your customers are telling you that they’re going to stop paying you at some point very soon.

They’re telegraphing their next move and it’s up to you to read the signals and jump into action.

[Read more...]

SaaS Churn Rate Improvement: Monitor and Drive Engagement

In my last post I shared some actual ways to reduce your SaaS Churn Rate, including attracting the right customer and managing expectations.

In this post, I’m going to go deeper, and share some awesome methods for improving customer retention by leveraging the power of the SaaS business model, specifically the ability of the provider to monitor for and drive Customer Engagement.

[Read more...]

SaaS Churn Rate Reduction Starts with Attracting the Right Customers

Customer churn can have a devastating effect across your entire SaaS company. From the negative impact on your company valuation because your SaaS churn rate is too high, to the drag on growth you feel when you have to replace lost customers or revenue before you can make forward progress… churn is bad news.

Over the next several posts I’ll outline five methods for churn reduction and customer retention that fully embrace the power of the SaaS business model…. let’s get started.

[Read more...]

SaaS Churn Rate: Go Negative with Expansion Revenue

I mentioned “Expansion Revenue” and “Negative Churn” in my post SaaS Churn Rate: What’s Acceptable? and I wanted to expand on those concepts a bit.

I honestly believe that fully grasping the power of these two concepts could change your SaaS business forever.

No pressure… but you might want to read this post carefully.

[Read more...]

SaaS Churn Rate: What’s Acceptable?

Is 5% a good monthly SaaS Churn Rate? Read on to learn the answer…

As a consultant to SaaS and Cloud providers that are looking to grow, I get asked what an acceptable SaaS churn rate is all the time.

As I stated in my Sandhill.com article SaaS Providers: Growth Requires Proactive Customer Retention the answer is you want a churn rate that is “as low as possible.”

[Read more...]

List of SaaS and Cloud Consultants and Analysts

Sixteen Ventures is a SaaS consulting company and I’m a consultant. I help SaaS / Web App / Cloud providers go to market, acquire and retain customers, and grow.

I don’t consider myself a SaaS or Cloud industry analyst; I actually spend more time analyzing other models outside of SaaS to see what’s working there; e-commerce, retail, subscription / membership sites, etc.

My clients have their greatest success when we don’t think about what’s working in “SaaS” but instead focus on how to be successful in the Project Management, Health Care, or Commercial Real Estate, or whatever actual market they’re serving.

Too many SaaS providers still think like Software companies and that’s holding them back… not a model I wish to replicate. [Read more...]

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