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Product Design for SaaS Startups: Best Practices and Examples

ReadWriteStart

Customer churn rate: Customer churn rate is the percentage of customers who cancel their monthly SaaS subscriptions. A high customer churn rate can indicate problems with the product or that the company is not effectively marketing its product to potential customers. What do you want your product to do?

Design 105
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How to Create a Marketing Funnel by Responding to Customer Behavior

ConversionXL

Marketing can be used to address these problems by creating a content database of guides, troubleshooting techniques, and FAQs to help customers overcome basic issues. Measure the retention value of your customers by looking at: Churn rate: The number of customers that stop paying in a given period (e.g., Lifetime value (LTV).

Customer 140
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3 Tips for Marketing a SaaS Business

The Startup Magazine

This is what will allow you to increase your acquisition rates while keeping your churn rates low. You can then segment your client database and engage these customers directly. Turn Clients Into Advocates. You also have to do everything you can to locate your most enthusiastic clients and turn them into advocates.

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A Complete Guide to Marketing ROI Tracking

Up and Running

Any data points associated with that identifier are stored on the Kissmetrics database and linked to an email address as soon as that user provides that information. For SaaS businesses, this is calculated quite easily using the monthly churn percentage (LTV = ARPU-Average Revenue per User/Average Monthly Churn Rate).

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VCs eating our own dog food: Using technology and analytics to make better investments

David Teten

I use another live Google doc to maintain my database of companies I’m marketing to other VCs. For more rigorous, bottoms-up sizing exercises I suggest tools such as Statista and the United States Census Bureau (also their North American Industry Classification System database) to help identify more specific data.

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3 Creative Ways to Grow Your Email List

Duct Tape Marketing

Without a list of email addresses in your database, email marketing can be quite challenging. This churn rate, as it’s called, is comprised of subscribers who unsubscribe, mark your email as spam, change employers (and therefore email addresses), and so on. It’s imperative that list growth be ongoing.

Email 74
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Combining All Your Funnel Data into One Sheet

ConversionXL

We record this and other usage analytics data as anonymized Events in a Google BigQuery database. The Churn Rate allows us to estimate the satisfaction level of our paid users. Here’s a link to a ProfitWell blog post sharing four different formulas to calculate churn.) The Retention stage.