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Gain Grow Retain

Gain Grow Retain

Business

10 Customer Churn Benchmarks for SaaS Leaders

10 Customer Churn Benchmarks for SaaS Leaders

2023-03-27
Download

This week, Greg Daines, CEO of ChurnRX joins Jay and Jeff to talk about churn benchmarks. Some key highlights:

  • no statistical alignment between whether satisfied customers stay (CSAT)
  • inertia is real - make sure you aren't giving your customers a reason to leave
  • story telling the history of your relationship is a good thing
  • measurable results is one of the largest factors in longer retention
  • make sure your customers are measuring results
  • bridge the gap here, especially if results measuring is difficult
  • focus on helping your customers utilize your product effectively
  • Ask good questions as you set up measurement goals

What benchmarks are you seeing as vital towards predicting potential churn?

Connect with Greg

ChurnRX

-----

Gain Grow Retain exists to connect people, knowledge, and ideas to advance the state of customer success.

We're on a mission to connect B2B SaaS customer success leaders so that we can learn from one another. Check out more at GainGrowRetain.com! Or follow our GGR LinkedIn page.

GGR was co-founded by Jeff Breunsbach and Jay Nathan - be sure to follow for customer success content.

view more

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