ConversionXL (Val Geisler) – Customer Retention
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Description
MAKE CUSTOMER RETENTION YOUR NUMBER ONE GROWTH CHANNEL
This course will teach you how to define and identify retention points for your customer base, how to slow down or flatten churn, and how to improve retention long term.
When it comes to growing SaaS companies, most people are following a traditional, top-down approach and using demo requests as the main way of qualifying new business.
What separates the top 1% from the bottom 99%?
For SaaS companies, the term “growth” often means acquiring new customers, doing biz dev, and building out a sales and marketing team. But what about the customers you’ve already attracted?
This course will teach you how to define and identify retention points for your customer base, how to slow down or flatten churn, and how to improve retention long term.
Retention is the most underrated growth channel
Stop letting your churn rate keep you up at night. Start focusing on retention efforts instead. Retention activities are the secret to increasing your customer lifetime value (CLTV)… and the number of zzzzz’s you can catch on a regular basis.
In this course, Val will teach you everything you need to know about why retention leads all other growth strategies…and how to maximize it.
In just 6 short online classes, you will be able to
- Know the difference between good and bad retention
- Identify the keys to really great retention
- Implement strategies that will positively affect your churn rate
- Learn how to improve retention long term
This course will teach you how to define and identify retention points for your customer base, how to slow down or flatten churn, and how to improve retention long term.
This course is right for you if…
- You want to find ways to grow your MRR without hiring a sales team.
- You measure customer churn rates as a KPI for your role.
- You have struggled identifying retention blindspots in your overall customer experience.
This course is probably not for you if…
- You’re not a SaaS or subscription model-based company
- Your churn rate is at a number that doesn’t concern you in the slightest.
- You think the only key to growth is new customer acquisition.
- You can’t influence the relationship your brand has with your customers
Skills you should have before taking this course
This course is suitable for everyone, but it helps if you have:
- A working knowledge of your current churn rate.
- The ability to impact the customer experience (through email, app-based UX, collecting data via surveys, etc.).
- A basic understanding of how churn affects a business focused on monthly recurring revenue.
About your instructor, Val Geisler
Val has been obsessed with customer experience since her high school cashier job at the local Target store.
From retail to events and now software, Val has seen it all: the good, the bad, and the ugly.
As an email marketing strategist, Val combines her background in customer experience, content creation, and digital strategy. Nothing brings her more happiness than helping businesses unblock the way they connect with their customers.
Your full course curriculum
Retention: The most underrated growth channel
Lesson 1
Retention = revenue
Learn the ins and outs of retention, how to define it, and ways it can impact your business.
Lesson 2
The early bird gets the retention worm
Retention begins the moment your customer signs up. Learn about how you can impact Week 1 retention.
Lesson 3
For best results: segment
Creating a personalized new user experience based on where they are in their customer journey can create a lasting effect on retention and reducing churn. Learn the ins and outs of segmenting for the greatest impact.
Lesson 4
Beyond the first 90 days
Learn how to build retention strategies into every interaction with your customer, no matter how long they’ve been around.
Lesson 5
Slowing the curve
Retention is not always about new features. This lesson will teach you how to slow down or even flatten the retention curve outside of product development.
Lesson 6
Measuring and improving retention long term
Quantitative and qualitative data impact retention rates. Learn how to identify those areas of opportunity and use them to refine your churn busting efforts over time.
Business online course
Information about business:
Business is the activity of making one’s living or making money by producing or buying and selling products (such as goods and services).
[need quotation to verify] Simply put, it is “any activity or enterprise entered into for profit.
It does not mean it is a company, a corporation, partnership, or have any such formal organization, but it can range from a street peddler to General Motors.”
Having a business name does not separate the business entity from the owner, which means that the owner of the business is responsible and liable for debts incurred by the business.
If the business acquires debts, the creditors can go after the owner’s personal possessions.
A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business.
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