Reducing Customer Churn Rates

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  • View profile for Christine Alemany
    Christine Alemany Christine Alemany is an Influencer

    Operations & Growth Executive // Author, The Trust Engine™ // 6x Exit Veteran (IBM, Bayside, CVC) // Keynote Speaker // Ex-Citi, Dell, IBM // AI • B2B SaaS • Fintech • Edtech

    17,429 followers

    What if your biggest growth opportunity isn’t in your sales pipeline, but in your post-sale experience? While most revenue teams obsess over lead volume and top-of-funnel performance, high-performing organizations are reallocating resources toward the one area most overlooked (and most profitable): customer retention. You’re not losing revenue because you can’t acquire customers; it’s because you can’t keep them. Customer experience, loyalty, and client services are no longer “support” functions. They’re strategic growth levers. And the cost of ignoring them is compounding: - Customer acquisition costs (CAC) are rising 60–75% - Churn is erasing pipeline gains before they hit the forecast - Siloed orgs are failing to act on critical post-sale insights Here’s how growth leaders are operationalizing customer-centricity to outpace competitors: ✅ Shift GTM strategy from funnel-filling to journey stewardship. Map the full customer lifecycle, then build cross-functional ownership for every phase beyond the sale. ✅ Hardwire retention into revenue models. Redefine revenue metrics: CLV, NRR, and CSAT become as critical as quota attainment. ✅ Turn customer success into a revenue function. Enable CS teams to identify expansion triggers, churn signals, and feedback loops that inform both product and GTM. ✅ Engineer feedback into daily operations. Surface real-time insights from support, community, and product usage–not quarterly surveys or lagging indicators. The companies doing this right see up to a 25% lift in renewals, 35% higher LTV, and customer referrals that shorten sales cycles by 30–50%. Want to build a revenue engine that scales and sustains? Start by asking: How are we designing for the customer after the contract is signed? Read the full post: https://lnkd.in/dY3Rxsc9 __________ For more on growth and building trust, check out my previous posts. Christine Alemany Join me on my journey, and let's build a more trustworthy world together. #Fintech #Strategy #Growth

  • View profile for Ilenia Vidili

    Keynote Speaker on Customer Experience | Turning CX Into Your Competitive Advantage | Author | Trainer | LinkedIn Learning Instructor | Cyclist

    18,398 followers

    Most customer experience programmes don’t fail because they’re ineffective. They fail because the C-suite never bought in. The majority of CX reports are full of customer satisfaction, effort, NPS scores, and so on… But when leadership asks: → How much churn did we prevent? → How much pipeline did we accelerate? → How much revenue grew from existing accounts? Most CX teams can’t answer these questions. The strongest CX leaders I know don’t stop at “customers are happy.” They connect the dots to money and speak the language their C-suite speaks: ✓ “We prevented €2M in lost revenue by preventing customers from cancelling.” ✓ “We increased repeat purchases worth €700K by making the customer journey frictionless.” ✓ “We generated €1.5M in new revenue through referrals from loyal customers.” The reality is that the C-suite isn’t obsessed with surveys and scores, but they definitely want to know three things: ➤ What grew bigger ➤ What moved faster ➤ What nearly slipped away The metrics themselves aren’t useless (almost). But if you can’t translate them into business impact, your numbers will mean little when budgets tighten. Scores of any kind won’t keep CX programmes alive. Proving financial impact does. #cx #customerexperience

  • View profile for Rosie Hoggmascall

    Product & UX at Fyxer | Product growth analyses @ growthdives.com

    16,410 followers

    Do you personalise your cancellation flow? Canva does. When I cancelled my trial a few weeks back, I was met with what looked like a normal screen: a list of benefits I'd miss out on when I cancel. I thought nothing of it. That was until I saw another version of this screen from a post by Growth Advisor & Coach Andrew Capland on LinkedIn. Then I realised: this screen is actually super ✨ personalised ✨ I went back to compare, and saw: 👏 The features listed are tailored to what I’ve used during my trial 👏 The frequency of use of each feature tallys under each bucket 👏 I’m told what I’m missing out on (see in screenshot two ‘and there’s more left to discover’..) 👏 I’m given another CTA to 'remind me in 7 days', yet the main 'cancel' CTA is still the most prominent What’s interesting is that the third example doesn’t have the 7-day reminder. Perhaps this is an old variant, perhaps it changes when you have 3 days left of the trial (versus 29 days left). Does it work to reduce churn? I think so. I wrote a deep dive on Loom’s cancellation sequence a few months back, finding that they have implemented something similar as their final screen in the cancellation sequence. What’s cool is that this actually reduced churn for Loom. One of the senior product designers who worked on this flow, Crystal Ma, shared that this project’s codename was named ‘Graceful Goodbyes’ and was aimed at providing a positive off-boarding experience for users. The team managed to increase retention as a result 💥 If you're thinking of implementing a similar thing, here’s three takeaways from Canva’s cancellation flow to help ⏰ Shorten time to cancel: avoid screens that don’t add value. Keep the flow short in terms of clicks and number of screens to avoid dark UX flows. Get essential feedback before the cancel, and extra feedback after. 🦜 Personalise the benefits: the strongest part of this flow is the personalisation. Make users see the value you’ve brought to them through their trial or subscription before they leave. 🔴 Make the cancellation button the brightest one: similar to point 1, don’t hide the button. Don’t grey it out. Don’t make it hard to see. If people want to cancel they will, so you might as well support their choice. Seen any more like this? Share in the comments, would love to compare more. ----- Hiiiii, I'm Rosie 👋 I do a weekly deep dives on growth, product & UX in my newsletter growthdives.com 📅 2wk ago: Canva's trial cancellation flow 📅 Last week: how Duolingo blackmailed me back into the app via email 📅 This week: sign up to find out (hint: it's a B2B Saas onboarding) Sign up at 🕺 growthdives.com 🕺

  • View profile for M.R.K. Krishna Rao

    AI Consultant helping businesses integrate AI into their processes.

    2,585 followers

    🚫 Stop Chasing New Customers — Start Leveraging the Ones You Already Have! 🚀 It’s the oldest business myth in the book: “Just get more customers and sales will follow…” But in today’s crowded market, throwing budget at acquisition is often a fast track to burnout—not breakthrough. Here’s the real growth hack: Your most valuable assets are the customers who already know, trust, and have spent money with you. The (Profit) Power of Retention Over Acquisition ♠️ It costs 5x to 25x MORE to acquire a new customer than to keep an existing one (Harvard Business Review) ♠️ Chances of selling to an existing customer? 60–70%. A new prospect? Just 5–20%. ♠️ A mere 5% improvement in retention can boost profits by UP TO 95% (Bain & Co.) Why? Because loyal customers: + Spend more, + Buy more often, + Refer others, + Cost less to serve. Yet too many brands chase new leads while neglecting their gold mine of repeat buyers and brand fans. Proven Ways to Re-Engage and Reactivate YOUR List 1️⃣ Personalized Re-Engagement ♠️ Use email/SMS check-ins with a real reason (“We miss you!” or special offers tied to last purchase) ♠️ Celebrate milestones (birthdays, anniversaries) for relevance and connection 2️⃣ Smart Segmentation & VIP Offers ♠️ Analyze your CRM and target dormant buyers with tailored deals ♠️ Reward top customers with loyalty perks (first access, exclusive rewards, etc.) 3️⃣ Value-Added Content & Support ♠️ Share guides, how-tos, or webinar invites to reconnect and add value ♠️ Offer proactive service outreach—show you CARE, not just sell 4️⃣ Win-Back Campaigns ♠️ Craft “We haven’t seen you in a while!” messages plus strong incentives ♠️ Highlight what’s new, improved, or different since their last purchase 5️⃣ Referral & Advocacy Programs ♠️ Make it simple—and rewarding—for satisfied customers to send friends ♠️ Spotlight customer success stories to foster loyalty and community Is Your Retention Strategy Working? Ask yourself: ♠️ Are you still spending more on acquisition than on deepening existing relationships? ♠️ Do you have systems in place for reactivating and rewarding loyal buyers? ♠️ How often are you truly listening to and learning from your current customers? 💡 Action Challenge: This week, choose ONE retention strategy above and put it into play. A well-timed email… a VIP offer… or a personal check-in can turn a “cold” customer into your next top advocate. 👇 What’s YOUR #1 retention or reactivation win? Drop it in the comments and help spark better business for everyone! #CustomerRetention #CustomerSuccess #BusinessGrowth #Profitability #RetentionMarketing #RelationshipMarketing #Entrepreneurship #LinkedInBusiness #RevenueGrowth #CustomerExperience

  • View profile for Sanjana Chowhan

    Executive Communication & Public Speaking Coach, News Anchor, Journalist | Helping You Own the Room & Influence with Confidence

    7,240 followers

    Customer service can indeed be a challenging role, often leading to frustration for both the service provider and the customer. However, with the right approach and mindset, it can be transformed into a pleasant and genuinely productive experience. Here are some strategies to make that happen: 1. Active Listening: This is crucial. Pay close attention to what the customer is saying, and acknowledge their concerns. This helps in understanding the issue better and also makes the customer feel heard and valued. 2. Empathy and Understanding: Put yourself in the customer’s shoes. Responding with empathy can diffuse tension and build a connection, leading to more constructive interactions. 3. Clear Communication: Use simple, jargon-free language. Clear communication reduces misunderstandings and makes solutions more accessible. 4. Patience: Sometimes, customers might be upset or confused. Exhibiting patience can calm a heated situation and lead to better problem-solving. 5. Positive Attitude: A positive demeanor can set the tone for the entire interaction. Even in challenging situations, a positive approach can lead to more satisfactory outcomes. 6. Knowledge and Resources: Be well-informed about your product or service. This instills confidence in the customer and enables you to provide accurate and helpful information. 7. Feedback Implementation: Take customer feedback seriously. It’s a goldmine for improving service quality and shows customers that their opinions are valued. 8. Follow-up: A follow-up after resolving an issue can leave a lasting positive impression. It shows dedication and commitment to customer satisfaction. By integrating these practices into everyday customer service interactions, not only can the job become more enjoyable, but it also paves the way for building lasting customer relationships and a positive brand image.

  • View profile for Sangita Ravat

    170K+ Followers || Ranked #10 in HR Creators and Top 200 LinkedIn Creators in India by favikon | LinkedIn organic growth expert | Open for collaboration || Ai Insights || Career Advice ||

    174,488 followers

    When I thought I’d done enough hiring, I missed one small but big thing, and it cost a great employee. Last quarter, I filled an important position in just 11 days. It felt like a win. But 6 months later, that person quit. And I realised, the mistake wasn’t in how fast we hired, but in how little we understood what truly motivated them. I did everything right, job description, skill match, reference check, offer letter. The candidate joined happily. They were talented and responsible. But what I never asked was: 👉 What will make you stay here beyond one year? During his exit talk, he said, I wanted more challenges, a clear path, and a stronger sense of belonging. That’s when it clicked, we hired for skills but didn’t show them the growth journey. Here’s what I should have done from day one: 1️⃣ Growth Plan: Explain what their 6, 12, and 18 months could look like, including new learning or team exposure. 2️⃣ Culture Talk: Share how our company lives its values daily and how they’ll be part of it. 3️⃣ Ownership Chance: Tell them what project they’ll own and how it will make a difference. Because employees don’t just quit jobs, they quit environments that don’t meet their expectations or values. Recent reports also say: Professionals now value purpose, growth, and belonging more than just salary. A good onboarding and role clarity are now key to retaining employees in the first year. So I changed my process, Now ask them: ✔ Why this role? Why now? during interviews. ✔ Share a short growth roadmap at the offer stage. ✔ Have a First 90 Days check-in on culture and impact. ✔ Explain, What success looks like in Year 1 and review it at month 6. Results: ✅ Fast hiring (under 20 days) ✅ Better offer acceptance and retention rate Key lessons for HRs and recruiters: 1️⃣ Start with why, understand what drives the candidate beyond the job title. 2️⃣ Talk about culture and belonging early, not after joining. 3️⃣ Show the path, people stay when they see how they’ll grow and make an impact. Simple frameworks: Why-Impact-Roadmap: Explain the reason, result, and path. Environment Check-In: Discuss clarity, culture, and growth before hiring. 90/180-Day Review: Set early goals and revisit them at 3 and 6 months. #careers #careeradvice #hr #linkedinnewsindia #linkedin

  • View profile for Tanuj Diwan
    Tanuj Diwan Tanuj Diwan is an Influencer

    Top 25 Thought Leaders 2022 by ICMI | Co-founder SurveySensum | Working with Insurance, Banking, NBFC’s to improve Customer Satisfaction/NPS/Renewals/Referrals.

    8,080 followers

    Leveraging business data with NPS or CSAT becomes much simpler when your CX mindset changes. This year, I set a personal goal: With every enterprise client, try at least one business outcome correlation. Just wrapped one with a Telco client, and the results made the value of NPS impossible to ignore. What we did: Took Promoters, Passives, and Detractors from November Focused only on customers whose contracts were expiring in January. Asked the CX team for a simple list: Who did not renew Who ported out Who deactivated What showed up: Churn among Detractors was 5%+ Very few Promoters or Passives churned. No complex modeling. No fancy dashboards. Just clean CX data connected to real business outcomes. This single analysis made it incredibly easy for the CX team to: Explain why NPS matters Get leadership buy-in Move the conversation from “score tracking” to revenue protection. Now the best part 👇 This will run every month. The goal: Track churn trends over time Identify which issues drive the highest churn among Detractors Fix the right problems, not all problems NPS doesn’t fail because it’s a bad metric. It fails when we don’t connect it to what the business actually cares about. That’s when CX starts influencing decisions. #CustomerExperience #NPS #CXStrategy #Churn #VoiceOfCustomer #BusinessImpact

  • Customer success is not a foregone conclusion. Too many of us, unfortunately, seem to treat it as such. We expect customers will be successful on their own. The product will make it so! We expect customer success organizations can succeed by responding to requests for help, by being reactive to the customer's needs. Your churn rates beg to differ. We need a more proactive approach to customer success, and customer marketing in particular. We need a seamless, memorable onboarding experience. Maintaining and building on the expectations customers have when they sign. Promises made, promises kept starts from day one. We need to proactively manage the entire customer committee from the jump. Build and manage personas for front-line users who may not have been actively involved in the purchase. Maintain communication with executive sponsors who have moved on to other, newer problems and priorities. We need better customer communities, not just about product discussions but about and for the users themselves. A community of peers, not just a community of customers, builds loyalty. We need to apply our growing usage of intent signals on the buy side to the customer side. Find evidence of churn risk as early as possible, not just based on product usage but based on company/market/competitive conditions and variables. We need omni-channel, integrated "voice of the customer" programs that constantly feed every department with feedback, product direction, messaging prompts and much more. These and more will not only mitigate churn, it will exponentially increase natural opportunities for customer expansion and relationship longevity. It doesn't just happen. We have to make it happen.

  • View profile for Bill Staikos
    Bill Staikos Bill Staikos is an Influencer

    Chief Customer Officer | Driving Growth, Retention & Customer Value at Scale | GTM, Customer Success & AI-Enabled Customer Operating Models | Founder, Be Customer Led

    26,068 followers

    Let’s talk about one of the biggest problems in customer experience today: we’re speaking different languages. In theory, the below is going to sound super simple. But in practice? It's still one of the hardest things to deliver on. Executives talk about hard data, operational velocity, and risk reduction. CX leaders talk about delight, empathy, and storytelling. Both matter, of course, but which one do you think actually gets funded? If what’s important to your customers doesn’t show up in the metrics that are important to your business, your CX strategy will always sound like a nice-to-have. In my 20+ years in CX, I have never seen a business fund “delight,” "wow moments," and "moments of truth." But I have seen them fund results. I’ve sat in enough executive meetings to know if you can’t draw a straight line between what customers feel and what the business earns, the conversation ends pretty quickly. Something tells me some of you have as well, but point the finger at your executives and say things like, "They're not customer centric." You want to make CX real for leadership? Translate your work into outcomes they care about. They're looking for statements like the below. “We reduced 90,000 avoidable contacts at $4 each. That’s $360K saved.” “Improving onboarding dropped churn by 2 points. That’s $5M retained.” “Reducing hold times increased customer spend by 12%.” Now you’re not talking about journeys or personas, you’re talking about business impact. That’s the language executives understand. Too many CX teams are stuck in the storytelling loop. They spend all their time describing the journey and none of their time proving the value. Stories inspire; data convinces. It's your job to connect both. Here’s a simple test: Can you show impact (what changed), leverage (how does it scale), and predictability (how is it repeated)? If you can hit all three, you’ll never have to fight for CX investment again. It's the CX Trifecta for my horse betting friends out there. So this month, I have a challenge for you: take a hard look at your metrics. Are they telling the story of how CX drives the business, or are they just describing how customers feel? Only one of those will earn your executives' attention. #customerexperience #leadership #gsd

  • View profile for Maya Moufarek
    Maya Moufarek Maya Moufarek is an Influencer

    Full-Stack Fractional CMO for Tech Startups | Exited Founder, Angel Investor & Board Member

    25,338 followers

    Your customer journey map is missing the 8 touchpoints that matter most. You've optimised your ads, polished your landing pages, and A/B tested your emails to death. But whilst you've been obsessing over the obvious touchpoints, your customers have been forming opinions about your brand in places you've completely overlooked. These hidden moments of truth determine whether customers stick around or silently disappear. The good news? Your competitors are probably ignoring them too. 1. Pre-awareness Influences • What it is: Social conversations & word-of-mouth before formal brand discovery • Why it's missed: Difficult to track & attribute • Optimisation tip: Create shareable content specifically designed for peer-to-peer sharing • Impact potential: ⭐⭐⭐⭐ 2. Post-Purchase Onboarding • What it is: The critical first 24-48 hours after purchase when buyers seek validation • Why it's missed: Teams focus on acquisition, not retention • Optimisation tip: Create "success accelerator" emails with usage instructions • Impact potential: ⭐⭐⭐⭐⭐ 3. Product Documentation • What it is: Help guides, FAQs, & support materials • Why it's missed: Often delegated to technical teams without marketing input • Optimisation tip: Inject brand personality into help documentation • Impact potential: ⭐⭐⭐ 4. Customer Support Interactions • What it is: The conversations with service teams that shape perception • Why it's missed: Viewed as cost center, not marketing opportunity • Optimisation tip: Create scripts that highlight complementary products/features • Impact potential: ⭐⭐⭐⭐ 5. Digital "Dead Ends" • What it is: 404 pages, out-of-stock notifications, & other negative pathways • Why it's missed: Seen as technical errors, not opportunities • Optimisation tip: Transform dead ends into discovery points with recommendations • Impact potential: ⭐⭐⭐ 6. Transaction Confirmations • What it is: Receipts, shipping notifications, & order confirmations • Why it's missed: Treated as operational communications only • Optimisation tip: Include personalised next-best action recommendations • Impact potential: ⭐⭐⭐⭐ 7. Post-Usage Check-ins • What it is: The period after customer has used your product for intended purpose • Why it's missed: Customer journey maps often end at purchase or initial use • Optimisation tip: Create timely follow-ups based on typical usage patterns • Impact potential: ⭐⭐⭐⭐⭐ 8. Community Participation • What it is: Customer-to-customer interactions in forums & social spaces • Why it's missed: Difficult to scale & often understaffed • Optimisation tip: Identify & empower customer advocates within communities • Impact potential: ⭐⭐⭐⭐ Your marketing doesn't end where your analytics dashboard stops tracking. The brands that will win tomorrow are already investing in these invisible touchpoints today. Which one will you optimise first? ♻️ Found this helpful? Repost to share with your network.  ⚡ Want more content like this? Hit follow Maya Moufarek.

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