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The Clueless CompanyĀ ā¢Ā 1y
Most SaaS companies spend 90% of their resources trying to acquire new customers, but only 10% on retaining them. Surprising, right? š ā Your most valuable sales reps are your current satisfied customers. ā Retention boosts profitability by 25-95%. ā Reducing churn is way cheaper than acquiring new customers. Focus on delighting your existing users, and watch your revenues skyrocket. Are you investing enough in your customer success team? š” Let me know in the comments!
He who remainsĀ ā¢Ā 1y
How many of you know about (Churn Rate) Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it direc
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The Clueless CompanyĀ ā¢Ā 1y
Ever wondered why your customers disappear? Itās not always about the product. Many times, it's the experience surrounding it. A colleague of mine ran a simple audit on their customer service process and made one shocking discovery: Most of their
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Aditya Kumar Jha | P...Ā ā¢Ā 5m
Day 13 of my 30-day Business & Entrepreneurship series . Building and testing your product is one thing ā but knowing if your business is healthy is another. Thatās where metrics like CAC, LTV, Churn, and Retention come in. š Hereās the breakdown
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Director & CEO @ Exc...Ā ā¢Ā 5m
In an era of economic uncertainty, leveraging customer retention as a growth driver is more critical than ever. High-level operators know that acquiring new customers is up to 25 times more expensive than retaining existing ones. Yet, many businesses
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Director & CEO @ Exc...Ā ā¢Ā 5m
In an era of economic uncertainty, leveraging customer retention as a growth driver is more critical than ever. High-level operators know that acquiring new customers is up to 25 times more expensive than retaining existing ones. Yet, many businesses
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Thatmoonemojiguy šĀ ā¢Ā 8m
š” Ever heard of āChurn Rateā in startups? Itās the silent killer. Iāve seen so many early-stage teams obsess over growth⦠š more users š more downloads š more signups But hereās the truth: If your users keep leaving, none of that matters. š C
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CHAIRMAN - BITEX IND...Ā ā¢Ā 1y
Strategy For Startup Growth - 3 4C STRATEGY ā 4C is the most basic and advanced strategy that used by every startup owner in Earth. Basically this strategy tell you what your customer perspective to your product . 1. COSTOMER VALUE ā Who are
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The Clueless CompanyĀ ā¢Ā 1y
"Customer Retention" isn't just a strategy. It's an attitude. If you don't value your customers because they matter... If you don't respond to their queries because you care... If you don't genuinely want to see them satisfied... Your business mode
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