1. Product Improvement

• Changing product features or content
• Increase stickiness
• Increase cost for a customer to switch to an alternative (providing valuable features that are hard to reproduce or difficult to transfer from one system to another)

2. Engagement Campaigns

• Marketers reduce chuen with mass communication.

3. One-on-one customer interactions

• Try to detect customers who need help and reach out to them before they ask for it
• Proactively help customers when the customers ask for help.

4. Rightsizing pricing

• (Not Recommend) reduce the price or change subscription terms
• Right-size sales in the first place: Selling the product version that is optimal for the customer rather than selling the most expensive version possible.

5. Targeting acquisitions

• Different channels where you acquire customers may produce customers with different retention and churn quality.

Note: There is no one-size-fits-all intervention.

Reference and you can also read the full version here: https://www.fightchurnwithdata.com/

#churn