How can I reduce churn?
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We’re trying to find out ways to identify indicators of churn, are there any reports or things we should be looking at?
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This is highly subjective to your business but at a high level, here are some things to consider:
Look for patterns or trends for healthy vs. at-risk customer behavior. For example:
Develop triggers based on usage behavior to turn things around before renewal conversation happens
"Days active", "Time on site" and "Usage trending" are the 3 data points that first come to mind when assessing potential churn. Pull them into a report (either on the visitor or account level) and sort the column(s) to quickly identify the accounts that are trending towards risk.
You can also create a segment based off days active to isolate your potential risk group. This will vary depending on the business and how often users typically log in (daily vs. weekly) but for example, you can define your "At risk" segment as visitors whose Number of Days Active is less than 3 within the last 30 days. Once you apply the segment to a report, you can use the Subscribe feature to get a weekly automated email to quickly identify if any new visitors/accounts have fallen into risk status.
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