They say that breaking up is hard to do. And if you’ve ever tried to cancel your subscription with a business that doesn’t want to let go, then you know exactly what we’re talking about. Limited contact methods, hidden policies, questions, confirmation messages, and automatic renewals can make it tough for a customer who isn’t satisfied with a service to get away.
Instead of fighting the churn, companies should create a cancellation workflow that puts customer’s needs first. Whether coming or going, make each step in the customer journey simple and transparent and you’ll earn your customers’ respect.
Any SaaS company trying reduce cancellations should do the following:
Finally, There’s no need to be coy when you and a customer go your separate ways. Instead, use the breakup as a learning opportunity. During offboarding, ask customers why they want to go and what would have convinced them to stay. Then, use this information to improve your product and earn more satisfied customers in the future.
Read the full article, How Transparency in SaaS Offboarding Reduces Churn, by Shayla Price.
To discover how Raaft can lower your Churn for your Saas, book a demo with Luke from Raaft today!
Understanding how to calculate the cost of acquisition is critical to the SaaS business model.
Do you know how to calculate the growth rate for your SaaS?
Following SaaS onboarding best practices can help to promote customer retention.
With Raaft, you can collect feedback from customers who have used your product and offer them custom responses to keep them around longer. Improve your customer experience and lower churn.