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CHURN FM

Andrew Michaelwww.churn.fm

CHURN FM is the podcast for subscription economy pros. Every Wednesday we hear how the world’s fastest growing companies are tackling churn and using retention & engagement to fuel their growth.

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Episodes

EP 174 | Luka Kankaras (Usersnap) - The systematic approach Usersnap took to increase customer retention

Today on the show we have Luka Kankaras, a Product Specialist at Usersnap In this episode, Luka shares an overview of the framework Usersnap used to increase retention. How they collected feedback to diagnose their challenges and prioritized what to tackle first. We then discussed how Usersnap reduced churn by expanding the use cases of their product and we wrapped up by discussing how the team used OKRs to align and focus their attention on churn. As usual, I'm excited to hear what you think of...

Jul 20, 202244 minEp. 174

EP 173 | Jamie Shanks (Pipeline Signals) - Monitoring and growing customer champions to crush churn and drive acquisition

Today on the show we have Jamie Shanks, CEO and Founder of Pipeline Signals. In this episode, Jamie shares how his experience building Sales for life rolled into Pipeline Signals. We then discussed why social monitoring your accounts is critical in reducing churn and we wrapped up by discussing some key metrics identified through growing Pipeline Signals and why 3% of your CRM contacts become obsolete each month. As usual, I'm excited to hear what you think of this episode, and if you have any f...

Jul 06, 202230 minEp. 173

EP 172 | Greg Daines (Total Customer Strategy) - Customer Satisfaction has no correlation with Customer Retention

Today on the show we have Greg Daines, CEO and Founder of Total Customer Strategy In this episode, Greg shares lessons learned consulting hundreds of companies on churn and retention and why so many companies focus on asking the wrong questions when getting started. We then discussed why customer satisfaction has no correlation with retention and why you need to focus on customer results instead and we wrapped up by discussing why it all comes back to alignment if you want to see meaningful resu...

Jun 29, 202245 minEp. 172

EP 171 | Baxter Lanius (Alternative) - How alternative financing options can be used to drive growth and reduce churn.

Today on the show we have Baxter Lanius, CEO and Founder of Alternative. In this episode, Baxter shares his biggest lesson moving from an investor to an entrepreneur and the struggles he has overcome in the process. We then discussed the similarities between lead scoring and churn prediction with underwriting for approvals on loan applications and we finished off discussing how alternative financing options can be used to drive growth and reduce churn for your business. As usual, I'm excited to ...

Jun 22, 202235 minEp. 171

EP 170 | Trey Hoffman (Fleetio) - How to set up a monthly churn insights meeting and how it helps drive retention

Today on the show we have Trey Hoffman, VP of Customer Experience at Fleetio. In this episode, Trey shares insights into their monthly churn insights meeting, and the key KPIs shared during this meeting. We then discussed why SMB-focused Customer Success reps are called SMB Analysts, and how Fleetio’s Customer Success service differs between their customer segments. As usual, I'm excited to hear what you think of this episode, and if you have any feedback, I would love to hear from you. You can ...

Jun 15, 202240 minEp. 170

EP 169 | Farzad Rashidi (Respona) - How Visme went from 0 to 3million in organic traffic, and how they productized the process.

Today on the show we have Farzad Rashidi, Lead Innovator at Respona. In this episode, Farzad shares how Visme went from 0 to 3million in organic traffic, and how they took that strategy and turned it into a new product. We then discussed why organic and paid search traffic impact retention differently, and how customers that are actively searching to solve a problem have significantly higher retention. As usual, I'm excited to hear what you think of this episode, and if you have any feedback, I ...

Jun 08, 202242 minEp. 169

EP 168 | Ziv Peled (AppsFlyer) - How a Customer Success org of 240 strong delivers an impactful and consistent experience for their customers

Today on the show we have Ziv Peled, Chief Customer Officer of AppsFlyer. In this episode, Ziv shared his experience trying to gain balance between in-office and remote work post-covid for his team and the functions of their Customer Success Operations team that makes it all happen that supports over 240 CS team members across the world. We then discussed the sophisticated custom data and analytics setup AppsFlyer have between Salesforce and Looker for the Customer Success team and we finished o...

Jun 01, 202249 minEp. 168

EP 167 | Firaas Rashid (Hook) - Understanding the buyers and sellers side in an enterprise software deal

Today on the show we have Firaas Rashid, CEO, and co-founder of hook. In this episode, Firaas shared his experience both from a buyer and seller's side regarding enterprise software. We then discussed how companies could best implement new software to gain ROI immediately, why you should stop selling features and start selling transformations, and how you can use user acquisition tactics post-acquisition to impact retention. As usual, I'm excited to hear what you think of this episode, and if yo...

May 25, 202233 minEp. 167

EP 166 | Claudiu Murariu (InnerTrends) - Setting up your data stack for impactful retention analysis.

Today on the show we have Claudiu Murariu, CEO, and co-founder of InnerTrends. In this episode, Claudiu shared best practices on how to get started setting up data analytics tracking, metrics and properties to consider, and why a tracking plan is essential. We then discussed how to identify and select your onboarding and activation metrics for companies at different stages in their growth cycle and we finished off by discussing how to effectively analyze churn and retention with your data. As us...

May 18, 202242 minEp. 166

EP 165 | Lowell Ricklefs (Traction Advising) - New business VS retention: Which metric influences a company’s acquisition.

Today on the show we have Lowell Ricklefs, CEO, and co-founder of Traction Advising. In this episode, Lowell shared his experience from a buyer’s perspective of SaaS businesses, the reasons to acquire vs buy, and how they evaluate potential acquisition targets. We then approached acquisitions from the seller side and talked about when the right time is for Founders to start to think about an acquisition, the steps they should take before they begin the process, and the key metrics that influence...

May 11, 202243 minEp. 165

EP 164 | You Mon Tsang (ChurnZero) - The evolution of focus on net revenue retention

Today on the show we have You Mon Tsang, CEO, and co-founder of ChurnZero. In this episode, You Mon shared his experience building and exiting 3 companies and the lessons he bought with him when starting ChurnZero. We also touched on his pragmatic approach to entrepreneurship and the naming of his company. We finished off with a discussion on net revenue retention and how the market's perception has changed of this metric over time. As usual, I'm excited to hear what you think of this episode, a...

May 04, 202234 minEp. 164

EP 163 | Michael Winnick (Dscout) - Creating human relationship capital to reduce churn

Today on the show we have Michael Winnick, founder, and CEO of Dscout. In this episode, Michael talked about how user research has changed over the years, and how data analytics and research teams should work together to get the maximum ROI. Michael then dove into how to fight your internal bias when it comes to user research, how Dscout drives growth by doubling down on creating a human relationship capital, and what they do to prevent champion departure churn. As usual, I'm excited to hear wha...

Apr 27, 202255 minEp. 163

EP 162 | Romaric Philogéne (Qovery) - Building empathy by hiring your customers to run customer success.

Today on the show we have Romaric Philogéne, Co-founder and CEO of Qovery. In this episode, Romaric shared why his previous start-up didn’t work out and how they pivoted into Qovery, we then talked about the challenges of being a customer-centric company, and their unique approach to building their customer success team by hiring their customer personas as Customer Success representatives. We then dove into why Qovery has minimal churn, and how they build trust with potential customers at every ...

Apr 20, 202244 minEp. 162

EP 161 | James Mayes (Mind The Product) - Transitioning to a subscription-based business.

Today on the show we have James Mayes, CEO, and co-founder of Mind The Product. In this episode, James shared a couple of lessons from his first failed startup and why he decided to join a growing startup after. We then dove into how James and the team at Mind The Product pivoted the business to a subscription-based model during Covid, the research they conducted to identify what should be a part of the offering, and how they expanded the offering over time. We finished off with James sharing ab...

Apr 13, 202236 minEp. 161

EP 160 | Andrew Peterson and Spencer Dent (Clozd) - Qualitative churn analysis.

Today on the show we have Andrew Peterson and Spencer Dent, Founders of Clozd. In this episode, they shared how they came up with the idea to build Clozd, and how they help their clients uncover the qualitative pieces of the puzzle they need to really understand all the nuances that went into their customer’s decision to churn. We then dove into why you should interview the decision-makers of companies that have churned, the benefits of recruiting a third party to conduct the interviews, and the...

Apr 06, 202239 minEp. 160

EP 159 | Steffen Hedebrandt (Dreamdata) - How turning customers away increases retention.

Today on the show we have Steffen Hedebrandt, Co-founder and CMO of Dreamdata. In this episode, Steffen shared how documenting quality content and sharing it on social opened many doors for him, he also what Dreamdata does and how they offer multitouch account-based attribution. We then dove into the power of positioning and understanding who your ideal customer profile is on churn and retention, how Steffen and the team orient all their marketing and sales efforts around their ICP for healthier...

Mar 30, 202233 minEp. 159

EP 158 | Jonathan Widawski (Maze) - How Maze Segments Churn Based On Their Products Vision

Today on the show we have Jonathan Widawski, Founder and CEO of Maze. In this episode, Jo shared how Maze emerged out of a need to validate assumptions fast about a previous startup he founded. He continued to share how the prototype evolved into the company we know today. We then dove into how Jo and the team are introducing a sales motion on top of their existing product-led strategy and the challenges that come with it. Finally, we discussed how they segment and analyze their churn and retent...

Mar 23, 202231 minEp. 158

EP 157 | David Darmanin (Hotjar) - Understanding the difference between acceptable and worrying churn

Today on the show we have David Darmanin, Founder and previous CEO of Hotjar. In this episode, David shared what he misses most about being the CEO of Hotjar, and what led him to realize it was time to step down and hand over the role. We then dove into the importance of giving your people the freedom to fail, how Hotjar reduced churn by doubling down on their ICP in their go-to-market strategy, and the differences between acceptable and worrying churn. David then explains the Hotjar ethos and t...

Mar 16, 202238 minEp. 157

EP 156 | Kyle Pursell (Shopify) - Leveraging email to increase engagement & retention

Today on the show we have Kyle Pursell, Senior Lead of Growth Marketing at Shopify. In this episode, Kyle shared his biggest lesson upon joining Shopify on how they effectively enable collaboration across the various cross-functional functions and how they maintain alignment through a powerful company mission. We then dove into how Kyle and the team measured PMF at Inman when switching to a subscription business for their content. We dove deep into how you can leverage email to increase engageme...

Mar 09, 202238 minEp. 156

EP 155 | Maranda Dziekonski (Swiftly) - Building out a high-touch Customer Success team

Today on the show we have Maranda Dziekonski, Chief Customer Officer at Swiftly. In this episode, Maranda shared her early career experience and how she made a move from the factory production line to an office role and later into Customer Success. We then dove into Maranda’s framework for assessing the Customer Success function when joining a new company, how she went about splitting out the high-touch customer success function at Swiftly, and we closed off with some tips and hiring advice for ...

Mar 02, 202234 minEp. 155

EP 154 | Bryan Plaster (CompleteCSM) - Creating true customer evangelists with workshops and success days

Today on the show we have Bryan Plaster, CEO, and Co-founder of CompleteCSM. In this episode, Brain shared his experience starting customer Success from scratch at multiple organizations and helping Informatica and Talend move from on-premise software sales to a cloud subscription business. We then talked about the evolution of Customer Success over the last 15 years followed by how to create customer evangelists using workshops and success days. We wrapped up the episode with Bryan sharing the ...

Feb 23, 202243 minEp. 154

EP 153 | Aggelos Mouzakitis (Glofox) - Taking a more human approach to diagnosing churn and retention.

Today on the show we have Aggelos Mouzakitis, Product-led growth Lead at Glofox. In this episode, Aggelos shared his take on product-led growth followed by the biggest misconceptions and mistakes companies make when they think about adopting a product-led strategy. We then discussed why companies need to forget the data and analytics and take a more human approach to diagnose churn and retention. We dove into methods, tactics, and stages of the user journey that you can focus on to extract meani...

Feb 16, 202235 minEp. 153

EP 152 | Diana De Jesus (Catalyst) - How to break into Customer Success and tips to thrive in the role

Today on the show we have Diana De Jesus, Customer Success Manager Strategist at Catalyst. In this episode, Diana shared her advice on how to break into and land a role in customer success, sharing tips she took personally to do so. We then talked about support-driven growth, what it is, where it works best, and how you can apply it. We also discussed how customer support and customer success can best work together and why Catalyst has customer support as a part of their customer success team. A...

Feb 09, 202238 minEp. 152

EP 151 | Christian Wiklund (unitQ) - How unstructured user feedback can impact churn & retention.

Today on the show we have Christian Wiklund, founder, and CEO at unitQ. In this episode, we talked about the huge importance of monitoring the quality of your product, what lead Christian to build unitQ, and how they help companies improve retention, growth, and engagement. We also discussed how data silos across departments slow things down, and how companies need cross-functional data on demand. Christian then talks about million-dollar bugs, how we measure product quality, and how online revi...

Feb 02, 202238 minEp. 151

EP 150 | Chris O’Neil (Glean) - The importance of alignment, clarity, and cohesion across a team to reduce churn, and how to achieve it.

Today on the show we have Chris O’Neil, Chief Bussiness Officer at Glean. In this episode, we talked about how joining Google and being around great mentors helped Chris with his career track and where he is today. Chris then shares what you need to get started as a leader to set yourself up for success in the long run. We also discussed the importance of alignment, clarity, and cohesion across a team and how to achieve it, followed by examples on how Google, Slack, and Evernote successfully put...

Jan 26, 202244 minEp. 150

EP 149 | John Zeratsky (Character) - Using Design Sprints to increase retention.

Today on the show we have John Zeratsky, Co-Founder of Character, and the best-selling co-author of Sprint: How to Solve Big Problems and Test New Ideas in Just Five Days. In this episode, we talked about John’s time at Google Ventures, and how they helped hundreds of early-stage startups find product-market-fit using Design Sprints. John then talked about how they first came up with the idea for Design Sprints and why they followed on to develop the process further and productize it into a book...

Jan 19, 202239 minEp. 149

EP 148 | Mohammad Nasrullah (Integry) - The impact of integrations on churn and retention.

Today on the show we have Nash, founder, and CEO of Integry. In this episode, Nash shares the hardest part of starting a company straight out of school, and the perks of naive optimism when starting a company. We also discussed what is Integry and how the company was born, the impact of integrations on retention, and the main differences between B2C and B2B, when it comes to churn and retention. As usual, I'm excited to hear what you think of this episode, and if you have any feedback, I would l...

Jan 12, 202235 minEp. 148

EP 147 | Philipp Wolf (Custify) - The importance of data hygiene when implementing a Customer Success tool.

Today on the show we have Philipp Wolf, founder of Custify. In this episode, Philipp talks about what triggered his career shift from the security industry to customer success, what Custify does, and how it helps its customers with churn, retention, and growth. We also discussed the evolution of the customer success software market, the importance of data hygiene when moving to a Customer Success platform, and how Custify helps its customers build their customer health score systems. As usual, I...

Jan 05, 202236 minEp. 147

EP 146 | Tomer Suarez - How to convert your customer service from a “cost-center” into a profit driver

Today on the show we have Tomer Suarez, Co-Founder and CEO of Interai. In this episode, we talked about Interai’s mission to bring consumer technology to enterprise companies, and how they use visual data mapping to bring together an organization’s legacy tools without a single integration. Tomer then explains the process B2C enterprise companies need to take in order to achieve a 360 customer view, the problems they may face, and ultimately how it impacts retention. Finally, we discussed how cu...

Dec 29, 202135 minEp. 146

EP 145 | Sonciary Pérez (Quala) - Engagement is not always a clear prediction of retention

Today on the show we have Sonciary Pérez , co-founder of Quala. In this episode, Sonciary explains what exactly is Frontline Intelligence, and how Quala helps Customer Success practitioners to be seen as customer intelligence leaders that help drive growth within an organization. We also discussed what you need to look out for when building a Customer Success team from the get-go, why Quala’s Product Marketing team strategically comes from Sales and Customer Experience, and finally shares why th...

Dec 22, 202131 minEp. 145
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