SaaS Retention

topic on 3 shows · 3 statements across 3 episodes

the Official SaaStr Podcast Top Founders 20VC

3 statements about SaaS Retention, every show

20VC Insight
Simons: Ecosystem extensions drive higher core SaaS product retention
“If they do get access to that and it does solve a problem, it means that both the core product is more valuable to them. And the core product from a retention perspective is even stickier because you've got JIRA and then you have three or four things that are …”
Jay Simons Jun 10, 2021 ▶ 18:38 20VC: Why and How The Best Companies Build Economies Around Themselves, When, Why and How To Build Effective Partner/Channel Networks & The Power of Compounding Growth in SaaS with Jay Simons, General Partner @ Bond
SAASTR Assertion Not checkable as stated
Campbell: Annual SaaS contracts achieve 30% better retention than monthly plans
“Your annual contracts will typically have 30% better retention overall compared to monthlies. And then quarterlies basically have typically a 20% better retention rate than those monthlies.”
Patrick Campbell Feb 18, 2021 ▶ 12:38 The Current State of SaaS Companies, Subscriptions, and Retention in 2021 | ProfitWell Founder & CEO
Skok: High retention requires doing work for less capable customers
“Some of them are not going to be actually great at competencies of using the product itself. And if that's the case and you really want to care about getting high retention rates, recognize that you're probably going to have to do some of that for them and wit…”
David Skok Sep 4, 2018 ▶ 7:58 1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

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