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Emeric Ernew

๐Ÿ‘ค Speaker
187 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

Like, you know, enterprise, they have negative churn.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

Of course, those who get, you know, one year full contract, three year contract, obviously they have a negative churn.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

For those who have monthly and SMB, usually...

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

The best turn rate I've ever heard was constant contact at 2.5.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

That's the best I've ever heard.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

And remember, they sold for 1.4 billion and they have 600,000 customers.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

So you can make it even with 2,000%.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

Yeah, I don't have all their SaaS metrics and churn is a bad thing overall.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

And you get to a glass ceiling at some point if you churn every month, of course.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

So what everybody does is they go at market and they sell to end to- What do you add today though?

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

So we were 12.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

We reduced it to eight the following year.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

We reduced it to six the following year.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

We're now between three and four.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

And my personal goal is to get to two or below two by the end of this year.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

So by the end of 2018.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

And as you can see, it's a slow process.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

Um, I, I don't really, you know, I don't, I mean, we have the number, but I don't really care because we have a lot of legacy, small, very small clients who are going away and we don't really care about them because, you know, we, we really care about the ones that are more in the 99, one 99 range, which, which is kind of a core target.

SaaS Interviews with CEOs, Startups, Founders
1036 How He Took SMB Churn From 12% Monthly to 4% In Social Media Marketing Space

The ones that used to be at the 29 plan that we killed a year ago that are still churning a little every month.