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Churn Strategies Newsletter (4/31/23)
This week: DATA STORY: What's the impact of fumbling the Sales to Customer Success hand-off? PODCAST: 10 Customer Churn Benchmarks for...

Greg Daines
Mar 31, 20232 min read


Churn Strategies Newsletter (3/24/23)
• My 5-Point Emergency Churn Strategy
• There Can Never Be Too Many Tickets!
• VIDEO: How do I define a "Customer Result"?
• more...

Greg Daines
Mar 24, 20236 min read


HUGE CUSTOMER SUCCESS MISTAKE → "First get a customer to renew, and THEN expand the account."
"First get a customer to renew, and THEN expand the account." Wrong. Our research shows that this thinking is actually backward...

Greg Daines
Feb 2, 20231 min read


3 KEYS TO COMPENSATION FOR CUSTOMER SUCCESS
I just got off the phone with an executive who needed some quick advice on improving their compensation plan for CSMs. While it's fresh...

Greg Daines
Dec 5, 20222 min read


WILL CUSTOMER CHURN GO UP IF YOU LAY OFF CUSTOMER SUCCESS REPS?
A massive wave of layoffs at companies like Twitter, Stripe, Opendoor, Shippo, Gem, and Facebook is likely only the beginning of a tough...

Greg Daines
Nov 8, 20222 min read


The 7 Deadly Sins of Customer Success
① PRIDE: Our product is amazing and creates phenomenal results for customers. TRUTH: Technology doesn't produce results, customer...

Greg Daines
Nov 7, 20221 min read


Does customer adoption lead to customer results, or is it the other way around?
Obviously customers won't get results unless they make use of the new solution. But that just begs another question: Why don't all...

Greg Daines
Nov 1, 20221 min read


The REAL Sales Conversation
Most salespeople misunderstand what conversation they are having with prospects, and this impacts both sales success and churn. How? Most...

Greg Daines
Oct 24, 20221 min read


Just say NO when customers ask you to do this...
You can't get better results unless you change your behavior. The same applies to customers. Their results won't improve as long as they...

Greg Daines
Oct 19, 20221 min read


Sell Results NOT Features
One of the biggest sources of customer churn is selling features rather than results. Most of the customers who buy because of features...

Greg Daines
Oct 17, 20221 min read


Your ideal customer is whoever you can make the most money.
Measurable results drive customer retention. The more measured results achieved, the longer customers stay. That’s why bad customer “fit”...

Greg Daines
Oct 13, 20222 min read


Why does "LAND AND EXPAND” usually turn out more like “LINGER AND EXIT"?
The problem isn’t the idea: expansion is absolutely CRITICAL to success → • Customers won’t stay long-term unless their results are...

Greg Daines
Oct 4, 20221 min read


WHAT ABOUT THE CUSTOMER SATISFACTION PARADOX?
If customer satisfaction has nothing to do with retention, then why do companies with high satisfaction tend to have high retention? Past...

Greg Daines
Sep 30, 20221 min read


Can you "touch" customers too much?
The fundamental idea behind a customer success “touch cadence” is based on the myth that merely talking to customers improves retention....

Greg Daines
Sep 23, 20221 min read


CAN YOU REALLY "RESCUE" CUSTOMERS?
There’s nothing like the feeling you get when you’ve brought a customer back from the brink of cancellation. You’re a hero and your value...

Greg Daines
Sep 21, 20221 min read


“Customer bonding is the driving force in strategy.” - Arnaldo Hax
This statement from the legendary MIT business professor Arnoldo Hax totally changed how I think about everything I do in business. He...

Greg Daines
Sep 21, 20221 min read


The Powerful Alternative to Churn Rate (4/4)
In this final post on customer churn rates I reveal the simple yet powerful way to measure and understand customer churn...

Greg Daines
Sep 12, 20222 min read


Churn Rates Lie (3/4)
The biggest problem with churn rates is that relying on them can MAKE CHURN WORSE by hiding the the truth about your churn.

Greg Daines
Sep 9, 20222 min read


Churn Rates Are Distorted (2/4)
Churn rates are invariably distorted and any attempt to act on these distorted metrics will be literally misguided.

Greg Daines
Sep 7, 20222 min read


Churn Rate Is A Useless Metric (1/4)
In this short series, I'll explain why focusing on the customer churn rate makes it harder to solve churn, and show you a better way to oper

Greg Daines
Sep 6, 20222 min read
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