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Dear SaaStr: Which Tactics Always Work to Drive Down Churn, and Drive Up Retention? We already discussed this a bit above, but make driving down churn and drive net retention up a Top 5 company goal. I see many SaaS start-ups with mediocre retention with … mediocre NPS (20-30). Churn is a bummer, and high churn is bad.
But with everyone discussing PLG, there just isn’t enough discussion in B2B of Product-Led Retention. But our B2C friends obsess about Product-Led Retention. I’m not saying the best product leaders don’t think about retention all the time at the product-level. But that’s not really Product-Led Retention.
If you are responsible for customer retention, and you dont have 5-6 initiatives in-progress, you are headed down a dark road. Say the customer retention. The post 9 Key Methods to Foster Exceptional Customer Retention appeared first on The Daily Egg.
Massimo Arrigoni, CEO of Beefree, and Enrica Lipari, the People and Culture Director of Beefree’s parent company, Growens, share 5 secrets to a high employee retention rate. The post 5 Secrets to a 97% Employee Retention Rate Over 5 Years with Beefree’s CEO and People & Culture Director appeared first on SaaStr. Why do they stay?
Learn the crucial strategies for building scalable, secure, and seamless recurring payment infrastructure to boost customer retention and fuel growth. Discover how recurring payments are reshaping industries beyond simple subscriptions, driving a $1.5 trillion market.
On going multi-product Henry adds, “I think the foundational point is if you want high net retention, you get high net retention in two ways. And so then you end up with no lever to offset scrutiny on net renewal rate or reduction in seats with another product to improve net retention.”
8: 3x Net Dollar Retention Thanks to This Pricing Model Over time, the dominant pricing structure in B2C and B2B applications is like the cell phone plan. If you look at the net dollar retention change, the top quartile used to be 130% pre-2020. You get a base number of minutes for a particular price. Now, it’s about 120%.
Customer Retention Excellence Both companies showcase impressive net dollar retention: HubSpot : 103.9% Monday.com’s Q1 FY25 earnings show this perfectly, with both strong overall customer growth and impressive 46% YoY growth in $100k+ ARR customers.
A customer retention email is a message designed to keep existing customers engaged with your brand. Customer retention emails can take several different forms, from. The post 5 Perfect Customer Retention Emails + When to Use Them appeared first on The Daily Egg.
Understanding your decline reason make up can be a game changer when it comes to improving retention and revenue. Download this guide to discover: Why not all decline codes are equal Tailoring your recovery strategy for each decline reason can significantly improve retention.
Increasing Customer Gross Revenue Retention to 90 The third major focus area for Lindsey was improving the end-to-end customer experience to better align with the newly incentives sales team and larger focus on customer retention.
Driving revenue through acquisition, expansion, and retention. “Having highly tenured reps tends to drive the highest performance, and good managers are key to retention.” “Having highly tenured reps tends to drive the highest performance, and good managers are key to retention.” ” 3.
A good playbook for customer success is all about driving retention, expansion, and customer happiness while making it scalable: Hire Truly Product-Savvy Customer Success Managers at First Focus on hiring people who customer-focused product nerds to start. Focus on Net Retention Net retention is the ultimate metric for customer success.
SaaStr ) And once you have at least a little revenue ($1m-$2m ARR or so), net revenue retention / churn. In the early days, there are probably only 5 metrics that really matter : ARR ARR Growth Rate Burn Rate True Customer Happiness. Probably, measured as NPS (more here: I Was Wrong. NPS is A Great Core Metric.
Caused by failed payments, this overlooked source of friction quietly erodes both customer retention and revenue. How is your SaaS business addressing involuntary churn? It leads to revenue losses and can be the largest source of churn, yet your company may not be taking it seriously.
I dont have any answers here but I found the above Business Insider article with a leaked Microsoft memo helpful: They pay AI engineers 48% more They have special spot retention bonuses for AI engineers to keep them This is roughly what I see, too. The AI Team often makes a lot more. The AI Team at many SaaS startups makes 30%-40% more.
Net Dollar Transaction Profit Retention hit 104%, meaning older cohorts actually became more profitable over time. “Purchase Volume” Retention of 97%, Going Up to 105% in Q1’25 Chime doesn’t really have NRR per se, and consumers do churn at a rate much higher than enterprise. times as much ARPAM, on average.
In 2025, the top customer leaders are engineering retention by building systems that detect risk early, reinforce value continuously, and empower every team member to act. Shifting your team’s mindset to proactive customer retention is a major shift, but the good news is that you can start now. 4: Strategy: Prioritize NRR.
Dig into our data-backed guide to learn: Proven methods for warming up cold calls Coaching points for responding to price pressure early and often Front-line examples of how to win the battle for customer retention
Building a commission plan for Account Managers (AMs) is a bit different than for AEs (Account Executives) because AMs are typically focused on retention, expansion, and upsells rather than net-new sales. The variable portion should be tied to measurable outcomes like net retention, upsell revenue, and customer satisfaction.
It’s ended up being a tough road, with 91% revenue retention and 0% growth. NRR For Segment Product 91%, Growth 0% Twilio has looked at spinning out its Segment acquisition, but for now it’s retained the product. Twilio made some big M&A bets, some worked, and quite a few didn’t.
Theyll focus on driving net revenue retention and building a scalable CS function. Customer Success : As you approach $10M ARR, youll need a full CS team to handle onboarding, renewals, retention and upsells. If youre targeting SMBs, you might also need a growth hacker to optimize funnels. AI can’t do it all.
All that does in fact drive up retention, to an extent. It comes down a bit, but not enough. They improve onboarding, and integrations, and training, and sales comp plans, and more, and that all helps and is crucial. But even there, with SMBs, its often not enough. You often simply need more product to get to 100% NRR.
As the eyes and ears of an organization, Customer Success can drive acquisition, expansion, and retention. But without a clear understanding of a product’s capability, or the value it creates for customers, churn is unavoidable.
At this stage, equity grants are more about retention than recruitment. At this point, youre likely refreshing equity pools for retention rather than issuing large initial grants. **Key For example, a VP of Sales driving ARR growth might get closer to 1%, while a VP of HR might be closer to 0.3%. Senior Managers / Directors : 0.1%-0.3%.
Just look at the numbers: Enterprise customers bring 95%+ best-in-class retention vs. 85% in mid-market. But the rewards – higher retention, bigger deals, and ultimately a much larger TAM – make it worth the investment. That compounds dramatically over time.
However, in Asia, retention for monthly subscriptions is notably lower at 75%. That said, there’s a silver lining: While monthly retention in the EU and North America remained stable from 2023 to 2024, Asia’s monthly retention rate improved by approximately 3%, showing positive momentum.
NRR and Expansion Revenue Remains Strong at 112% With a net dollar retention rate of 112% overall and 117% for $100k+ customers, Monday.com continues to demonstrate strong expansion within existing accounts. This is what 12x ARR selling to SMBs++ looks like. 5 Interesting Learnings: 1.
Maintaining a positive customer experience during payment recovery is key to minimizing churn and improving retention. This situation worsens if your recovery strategy treats the customer as the problem. The result? Costly customer churn.
What Most SaaS Companies Get Wrong The standard playbook is: Hire sales Hit growth targets Eventually add CS when churn becomes painful But that’s backward.
The gross retention for people was low and I think we’re just getting back into a better spot. .” “The size of the sine wave will get down over time, but I think we’re in a different place in Q4 of this year than we were Q4 of last year,” Brian explained.
” The company grew from $15M in ARR to more than $1B with this model, consistently achieving better than 130% net dollar retention. With this model, Twilio maintained contracted revenue at less than 50% of ARR while achieving industry-leading retention metrics.
Speaker: Pulkit Agrawal - CEO and Co-Founder of Chameleon
Tools to use throughout the customer journey to help you increase activation, retention, and loyalty. In this can't-miss webinar, join Pulkit Agrawal, CEO and Co-Founder of Chameleon, to learn: How to justify purchasing the best tech stack (and how to choose the right one). How to choose the right products for your company.
For a VP of Customer Success (VPCS), their “quota” or ownership should revolve around two key metrics: Net Revenue Retention (NRR) and Gross Retention Rate (GRR). Dear SaaStr: What “Quotas” Should My VP of Customer Success and VP of Product Have? In short: VPCS Quotas : NRR, GRR, TTV, and customer advocacy.
Here’s a deeper dive into SaaStr Annual and why it’s considered the top SaaS event: Core Elements: Takes place in the San Francisco Bay Area (usually Silicon Valley) Features over 300 speakers across multiple tracks Focuses exclusively on SaaS metrics, growth strategies, and operational excellence Typically runs for 3 days with pre and (..)
HubSpot recently changed its interview process to try and help maximize tenure and employee retention at the executive level. Or a great growth marketer paired with a great sales team will punch above their weight class. It can make all the difference. “We picked the guy who got all threes,” Brains explained.
Net Dollar Retention Hit 124% – Signs of Long Team Durable Growth Palantir’s net dollar retention rate of 124% in Q1 2025 indicates that existing customers are significantly expanding their usage year-over-year. This vertical focus aligns with broader trends in re-industrialization and supply chain resilience.
Download this whitepaper to find out how to leverage online product sales training platforms to increase retention and improve ROI––and stop investing in unforgettable sales events. Engage reps who may not pay attention, leave sessions early or simply skip classes if they perceive it to be boring or low value?
The 86% loyalty factor : Companies that provide strong onboarding and continuous educational experiences see 86% higher customer loyalty rates – making AI-powered personalization a critical retention tool. Continuous Education is the New Retention Strategy 86% of customers stay loyal to brands offering educational experiences.
At 35% growth, youre not on the IPO trajectory, but you can still build a profitable, sustainable business if you focus on efficiency and customer retention. If nothing else, youre off the hook VC track and the hot start-up track.
Organizations that invest heavily in customer success earlier see much higher customer retention and loyalty than the competition. When Drata took this approach, it helped them scale to 5,000 customers, all within 3.5 From the very first interaction, you want to help customers drive adoption, value realization, and delivery.
Speaker: Bhavana Angadi, Senior Product Manager at Hopscotch (Demand & Growth) | Former Product Manager at Bigbasket
If you were to ask an E-commerce Product Manager what they would do to increase retention, they might suggest improving engagement by personalization/gamification, or by introducing loyalty programs. This begs the question: what’s the best way to increase customer retention? How to build effective Self-Service mechanisms.
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