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One of the great mysteries for me is why so many otherwise sophisticated companies don’t focus on involuntary churn. Also known as passive churn or accidental churn, involuntary churn happens when a payment issue raises...
Everything You Wanted to Know About Involuntary Churn with Butter Payments’ Vijay Menon is an episode from Subscription Stories: True Tales from the Trenches by Robbie Kellman Baxter. One of the great mysteries for me is why so many otherwi...
This episode belongs to Subscription Stories: True Tales from the Trenches.
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Published Apr 24, 2024, 00:37:58 long, audio available.
One of the great mysteries for me is why so many otherwise sophisticated companies don’t focus on involuntary churn. Also known as passive churn or accidental churn, involuntary churn happens when a payment issue raises a flag that causes a merchant to cancel a customer’s subscription. In 70% of these cases, there is no fraud, so the company is literally turning away excellent customers. Involuntary churn routinely impacts about 10% of Annualized Recurring Revenue (ARR), according to some estimates. In today’s episode, Vijay Menon, founder and CEO of Butter Payments, and I discuss what drives involuntary churn, why so many companies underinvest in this problem, and some key tactics to drive revenue growth through better payment management. Love the show? Rate us ⭐️⭐️⭐️⭐️⭐️ and leave a review on Apple Podcasts! Here’s How » Join the Subscription Stories Community today: robbiekellmanbaxter.com Twitter Facebook Robbie Kellman Baxter on Instagram Subscription Stories: True Tales from the Trenches on Apple Podcasts
You can listen to Everything You Wanted to Know About Involuntary Churn with Butter Payments’ Vijay Menon online on Radio and Podcast. Open the player on this page to stream the available audio.
Everything You Wanted to Know About Involuntary Churn with Butter Payments’ Vijay Menon is an episode from Subscription Stories: True Tales from the Trenches by Robbie Kellman Baxter.
This episode is 00:37:58 long.
This episode was published on Apr 24, 2024.
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Everything You Wanted to Know About Involuntary Churn with Butter Payments’ Vijay Menon is from Subscription Stories: True Tales from the Trenches by Robbie Kellman Baxter.
Published Apr 24, 2024 and 00:37:58 long