Are you worried about lost revenue, unhappy investors, and negatively impacted bottom lines… Is your customer and revenue churn causing you relentless nightmare? It is impossible to retain 100% of your customer-base. While churn is inevitable, analyzing it in time can help control or reduce it significantly and give you critical insights about your business.
Customer churn percentages vary across industries: SaaS churn rate is around 5%, while B2B IT services is 11-12%. Every business deals with it differently: many start looking for new customers to replace the loss; some look at analyzing what went wrong and how to control the churn.
Hitech’s systematic approach to measuring churn and saving customers, through Churn Analytics provide insights about what your customers’ want and assess retention metrics which will speed-up your revenue growth and lead to the path to profitability.
Get in Touch With UsOur Churn Management commences with slicing and dicing the churn data to analyze who is churning, why they’re churning, and also the periodicity and segment of churn occurrence.
Our customer-centric Churn Solution with powerful predictive analytics, makes churn reduction easier & more efficient. Our process methodology is founded on the principle of retaining customers to improve the overall customer experience, and to enable win-back to facilitate rejoining of customers in your journey towards, growth, profitability & consolidation.
Get in Touch With UsReduce customer churn by identifying at-risk customers and implementing targeted retention strategies.
Analyze customer behavior and measure churn probability to take corrective action.
As you keep your churn rates low, it improves your overall profitability builds higher LTV.
Lowering churn rates increases the value of dollar spent bringing new customers in.
Use churn data to identify insights & trends on new functionality to increase customer stickiness.
Discover the advanced technologies we use in data engineering, data science, and data analytics to unlock the full potential of your data.
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By HitechAnalyticsReduce churn with data insights.
Retain customers through proactive strategies.