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Baremetrics
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Subscription Analytics Importance: Tracking subscription metrics is crucial, but the real value lies in how these metrics are used to drive business decisions. Relying solely on payment provider metrics misses out on critical insights that could boost revenue and customer retention. Baremetrics Offering: Baremetrics automates the calculation of subscription metrics, providing actionable insights to help businesses grow faster. It transforms subscription data into user-friendly dashboards, graphs, and charts. Key Metrics and Real-Time Analysis: The platform calculates essential metrics like monthly recurring revenue, customer lifetime value, and churn rate in real time, offering a comprehensive view of business health and customer behavior trends. Advanced Features for Subscription Businesses: Baremetrics offers segmentation and cohort analysis tools designed specifically for subscription models, allowing businesses to identify which plans have the highest churn rates and when customers are likely to cancel. Ease of Use and Free Trial: By automating data gathering and analysis, Baremetrics enables businesses to make informed decisions quickly and confidently. It also offers a free two-week trial, encouraging businesses to experience its benefits firsthand.
Baremetrics
Product Walkthrough
Baremetrics
Demo video
Cancellation Insights by Baremetrics is a tool designed to transform customer churn into growth opportunities by understanding why customers cancel their subscriptions. The service provides detailed analytics on the reasons behind cancellations, quantifies revenue loss per reason, and offers automated follow-up emails to win back customers. Customers specify their reasons for leaving through an in-app widget or email, allowing businesses to choose the method of communication and timing to maximize engagement. Automated, customized follow-up emails are sent based on the cancellation reasons, aiming to re-engage and persuade customers to reconsider the product. Cancellation Insights supports subscription-based businesses in making strategic decisions to minimize churn, improve service areas, and allocate resources effectively, offering a free two-week trial to test its capabilities.
