SaaS
I spent a year building a second product alongside my $1.3M ARR SaaS. The retention numbers made me realize it might not be the best move.
We bring in roughly $8-9K in new revenue every month, and for a long time I focused on that number and felt okay about it. What I wasn't looking at closely enough was what happened after. Month 1: 4% of that revenue is gone. Month 2: another 13% is gone. By month 12, only 12-13% of whatever came in that month is still paying. While a healthy SaaS should be sitting at 90%. I'd been building a second product to fix this. The thinking behind it was that customers were churning becau...
Read the full discussion on Reddit
This article was aggregated from Reddit. Click to join the conversation.
View on Reddit