

CHURN FM
Andrew Michael
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.
Episodes
Mentioned books

Apr 22, 2020 • 41min
EP58 | Yahav Hartman (Madgicx) - How to use paid advertising to increase customer retention
Today on the show we have Yahav Hartman, CEO and founder of Madgicx!In this episode, we talked about the current churn and retention status at Madgicx, how Yahav interviews churning customers, and how to gauge the quality of customer feedback.We also dived deep into how you can use Facebook ads to increase retention, why customer development should be viewed as a profit center, and Yahav’s prediction on the future of the advertising landscape.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Apr 15, 2020 • 30min
EP57 | JR Farr (Weav.com) - How to fight churn by automating your customer retention flow
Today on the show we have J.R. Farr, Co-founder and CEO of Weav.comIn this episode, we discussed what attracted J.R. to build a customer retention platform, how Weav automates your customer retention flow, and how it helps you analyze your customer experience with a holistic approach. We also talked about J.R.’s experience in building a customer retention program from scratch, why he is focused on finding the right customers from day one, and when it’s the right time to fire a customer and why that means customers that use dark patterns in their product for Weav. 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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Apr 8, 2020 • 37min
EP56 | Matt Barnett (Bonjoro) - How to use hyper-personalized videos to retain customers and reduce churn
Today on the show we have Matt Barnett, founder and Papa Bear of Bonjoro!In this episode, we discussed how videos can help retain customers and reduce churn, how to craft a hyper-personalized video for your customers, and how to choose the right integration partnerships for your software.We also discussed Bonjoro’s current journey in nailing their ideal customer profile, one thing that Matt wished he knew earlier when it comes to churn and retention, and why you should always foster genuine relationships with your customers.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

12 snips
Apr 1, 2020 • 39min
EP55 | Brian Balfour (Reforge) - How to improve user activation by establishing the right product habits
Today is a very special episode as we are celebrating our first anniversary of Churn.FM. We have now published a new episode every week for 52 weeks straight and what better way to celebrate the anniversary than by having the guest of our very first episode back on the show! This week we have Brian Balfour, Founder, and CEO of Reforge. Reforge have Career Development Programs for Experienced Tech Professionals in Product, Marketing, Data, Design, and Engineering co-authored by Brian Balfour, Andrew Chen, and Sean Clowes.In this episode, Brian shared his new learnings on churn and retention since our last chat a year ago, why understanding your customer's habits are important to improving user activation, and a deep dive into the concept of survival analysis. Brian also shared his insights on why you should focus on a specific user activation flow, the importance of a vendor-champion relationship, and why jumping into quantitative data too fast can be misleading.It has been a year, and as usual, I'm always excited to hear what you think of this episode, and if you have any feedback, I would love to hear from you. You can email me directly on Andrew@churn.fm. Don't forget to follow us on TwitterChurn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Mar 25, 2020 • 31min
EP54 | James Mulvany (Podcast.co) - How to resurrect churning customers in a non-pushy way
Today on the show we have James Mulvany, founder and CEO of Podcast.co and Radio.co In this episode, we talked about what drives James to keep building new companies in the content and streaming space, why the podcast industry is still full of untapped potential, and the importance of a personal touch in customer retention.We also discussed why James thinks world-class customer service is a key to resurrecting churned customers, why social media ads are underrated for retaining customers, and his biggest challenge in tackling Churn and retention.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Mar 18, 2020 • 38min
EP53 | Emmanuel Straschnov - Why Bubble’s greatest success can lead to churn and how they’re tackling it
Today on the show we have Emmanuel Straschnov, co-founder and co-CEO of Bubble. In this episode, we talked about the rise of no-code tools’ popularity, why Bubble decided to raise funding, and the challenges they face with churn due to the nature of their product.We also dived into the challenges Bubble faced when designing their customer onboarding, how their pricing strategy has evolved over the years, and why Emmanuel believes that qualitative insights are more valuable than quantitative analysis.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Mar 11, 2020 • 42min
EP52 | Nathan Barry - How ConvertKit acquires and keeps loyal customers by focusing on a specific niche
Today on the Churn FM we have Nathan Barry, founder, and CEO of ConvertKit! In this episode, we talked about what drove Nathan to start ConvertKit, how switching to focus on a niche has impacted the company's product strategy and churn rate, and how it helped Nathan to focus on the right customer feedback.We also discussed when it doesn't make sense to worry about churn, the concept of gradual engagement and how ConvertKit applied it in their product, and why Nathan thinks every company is doing onboarding wrong. ConvertKit also publicly shares their revenue, churn numbers, and more at convertkit.baremetrics.com for you to check anytime.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Mar 4, 2020 • 38min
EP51 | Olga Andrienko - How SEMrush uses gamification to engage users and increase retention
Today on the Churn.fm, we have Olga Andrienko, Head of Global Marketing at SEMrush.In today's episode, we discussed SEMrush’s rapid growth and how it affected their churn rate, why they decided to switch their focus to customer retention, and how they use social media to identify their ideal customer profile.Olga also shared how SEMrush used Easter Eggs to gamify user engagement and how they use the SEMrush community Facebook group to get users actively involved in product development.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Feb 26, 2020 • 43min
EP50 | Ziv Peled - How AppsFlyer’s Customer Success team has generated over $100 million in expansion revenue
Today on Churn.fm, we have Ziv Peled, Chief Customer Officer at AppsFlyerIn today's episode, we discussed how Ziv built AppsFlyer’s customer success team from scratch, how he set the key metrics, and how the team evolved to generate over $100 million in expansion revenue in the last 20 months for the company.Ziv also shared the three main things he looked for when hiring a new customer success manager at the start, why Annual Recurring Revenue churn is the most critical metric for a Customer Success team, and his future plans to prevent "customer champion churn".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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.

Feb 19, 2020 • 40min
EP49 | Huw Slater - How Travelperk’s CFO prioritizes churn reduction to drive growth
Today on Churn.fm, we have Huw Slater, the Chief Financial Officer at Travelperk!In today's episode, we discussed the importance of looking at cohorts when measuring retention, how Huw goes about measuring a customers' lifetime value, and whether or not word of mouth can be measured. We also talked about the concept of a "growth ceiling" and how Huw evaluates opportunities that drive growth to allocate capital to.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 email me directly on Andrew@churn.fm. Don't forget to follow us on Twitter.Churn FM is sponsored by Vitally, the all-in-one Customer Success Platform.


