"A 5 percent reduction in churn can increase lifetime value by 25–30 percent. Combine that with expansion revenue from happy customers, and your net retention can move from 90 percent to 120 percent. That’s where SaaS companies explode." https://lnkd.in/e5syCTzX
How to Boost SaaS Growth with Customer Retention
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In the early days of a SAAS company, there is a certain amount of enterprise client churn that is very healthy Companies without a willingness to accept any amount of churn can end up building tailor-made solutions for several client types Their service costs can explode, and it prevents them from investing more in the one thing they are better than their peers at
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For SaaS, churn rarely starts inside the product. It usually starts in quiet doubts that show up long before renewal. When that happens, many decision makers end up on one page first: the founder’s LinkedIn profile. Today’s Medium article walks through how SaaS founders can use AuthorityLayer’s 11 dimension framework and 11 page LinkedIn Authority Audit to turn that profile into a retention and expansion asset. If you lead a SaaS product, this is worth ten minutes. Run your own free Authority Score after reading to see where you stand. [https://lnkd.in/dtsGNjNh]
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Want to know the secret to 99% retention in SaaS? Intrinio shares the formula—focused on onboarding, product design, and customer success strategies that actually stick. Watch: https://hubs.ly/Q03D_Lk10
The Secret to a 99% Retention Rate (For SaaS Leaders)
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Why Most SaaS Renewal Experiences Still Feel Broken 😞 Acquisition gets the spotlight, but renewals are often left behind. Manual processes, rigid systems, and poor visibility turn what should be a seamless moment into a source of friction. Large deals get attention, smaller ones don’t - and that’s where it hurts most. SMBs expect instant, self-service renewals, not a slow, sales-driven process. When renewals break, churn rises and trust erodes. It’s time to make renewals as modern as the rest of SaaS. Learn how: https://lnkd.in/e2AfhTTm
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I go through a lot of renewals at Limio. Of course, a lot of them are just happening in the background. But it is quite jarring the difference between SaaS providers when I need to make a change. Either you get no self-service, or you have to wait days to get an answer from a sales person. Invariably, those are days where I just end up shopping around, figuring out if there is a better, cheaper, faster way out there. Make it easy for your customers to renew to what they want, 24/7. Increase your renewal rates. It’s not rocket science.
Why Most SaaS Renewal Experiences Still Feel Broken 😞 Acquisition gets the spotlight, but renewals are often left behind. Manual processes, rigid systems, and poor visibility turn what should be a seamless moment into a source of friction. Large deals get attention, smaller ones don’t - and that’s where it hurts most. SMBs expect instant, self-service renewals, not a slow, sales-driven process. When renewals break, churn rises and trust erodes. It’s time to make renewals as modern as the rest of SaaS. Learn how: https://lnkd.in/e2AfhTTm
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Many SaaS providers fall into the “acquisition addiction” trap, chasing new customers while ignoring monetization & retention. See how a smarter SaaS Growth Strategy can unlock sustainable revenue growth >>> https://lnkd.in/ejD_pQgt
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The number of features in your SaaS probably isn’t the reason you’re not making money. It’s distribution. Instead of shipping new features every day, get your core product ready and start focusing on distribution. Fix the bottleneck, the traffic. Worry about features later.
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I just reviewed 50+ SaaS invitation flows. 47 were email-only. 41 had zero follow-up. 38 couldn't tell me their acceptance rate. And yet every single PM I talked to said "invitations are important for our growth." So I have to ask: Why the massive gap between importance and execution? (Drop a comment - genuinely want to understand if this matches your experience)
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How do you get close enough to customers to anticipate their needs and prevent churn risk before it starts? Read the SaaS Churn Rate Survival Guide for practical advice on protecting recurring revenue >>> https://lnkd.in/enpxMP7x
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