Episode 27

full
Published on:

17th Apr 2024

Retention: Show Continued Value...or Get Fired by Your Customers

Customer Success pros...don't get fired by your customers!  Watch now to learn how to reduce churn and maximize your customer's satisfaction with tips from Greg Daines, CEO of ChurnRX, as he shares what the data tells him about how best to serve your customers.

 

Chapters:

00:00:00 - Introduction to the Lifetime Value podcast

00:02:36 - The Ultimate Goal of Retention

00:04:48 - Customer Acquisition Cost and Retention

00:07:01 - Optimizing Subscription Revenue

00:09:07 - The Power of Customer Results and Consistent Improvement

00:11:17 - Retention Strategies and Churn Half-Life

00:13:24 - The Impact of Churn and Retention on Growth

00:15:14 - Understanding Churn and Customer Success

00:17:20 - Understanding the World from Your Counterpart's Eyes

00:19:37 - Thank You for Following Along

 

📺 Lifetime Value: Your Destination for Customer Success content

Show website: https://www.lifetimevalue.show

Youtube: https://www.youtube.com/@lifetimevalue

 

🤝 Connect with Dillon (host):

LinkedIn: https://www.linkedin.com/in/dillonryoung

 

👋 Connect with guests:

Greg Daines LinkedIn: https://www.linkedin.com/in/gregdaines/

Dave Epperly LinkedIn: https://www.linkedin.com/in/daveepperly/

 

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Lifetime Value is sponsored by The Segment, a new kind of Customer Success newsletter bringing you the latest news, analysis, and references only true Lifers will know.  Subscribe today by clicking lifetimevalue.link/subscribe or send us an email at subscribe@lifetimevaluemedia.com.

Mentioned in this episode:

Matik

SundaySky

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About the Podcast

The Daily Standup
Delivering fresh new customer success ideas every single day.
Do you want to know what other customer success and post-sale professionals are thinking about, struggling with, or succeeding with?

The Daily Standup is the flagship podcast on the Lifetime Value Media network, cohosted by Dillon Young, Jean-Pierre "JP" Frost, and Rob Zambito. We're publishing daily and sharing the most diverse and unfiltered array of guests. Tune in to hear industry titans and newbies alike chopping it up, sharing their hot takes, workshopping their current challenges, or just giving Rob another new nickname.

The Lifetime Value Media network is your destination for customer success and go-to-market content.

About your host

Profile picture for Dillon Young

Dillon Young

Dillon is a career Customer Success professional, having done tours of duty in Technical Support, Training, and Implementations as well. He did Sales that one time, but doesn't like to talk about it. Since 2019, he has been a people leader in CS orgs for early stage technology companies, primarily in the financial and human resources spaces.

Dillon founded Lifetime Value in 2023 with the vision of delivering entertaining, educational, and non-biased content to this exciting profession *without* selling (gasp) an ebook.

So far, so good.