What problem does it solve?
This Skill helps SaaS businesses reduce churn by providing strategies and tools for effective cancellation flows, save offers, and payment recovery.
Core Features & Use Cases
- Cancellation Flow Design: Offers guidance on creating and optimizing cancellation flows, including triggers, exit surveys, dynamic save offers, and confirmation steps.
- Save Offers: Provides a framework for matching save offers to various cancellation reasons, such as discounts, downgrades, or pauses.
- Payment Recovery: Outlines a dunning strategy for handling failed payments, including pre-dunning, smart retries, dunning emails, and grace periods.
- Proactive Retention: Recommends proactive measures like health score models and risk signal tracking to prevent churn before it happens.
- Metrics & Measurement: Provides key churn metrics, cohort analysis, and A/B testing guidance to measure and improve churn reduction efforts.
Quick Start
Use the churn-prevention skill to design a churn prevention strategy for your SaaS product by providing information about your current churn situation, billing & platform details, product & usage data, and any constraints.