Discover the top 25 reasons why subscription payments fail, how to recover those payments, and how to stop involuntary churn in your membership or subscription-based business.
The Recession is here. But it’s not even bad yet (even with gas over $5/gallon). Wait till Q4 of this year & Q1 of 2023. It will be absolutely brutal on consumers and small businesses. You might be thinking, “This won’t really affect our business…” And you know what…You might be right. But what if you aren’t?
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There are many different reasons why your emails or dunning emails might not make it to their destination, and the thing they all have in common is that returned emails are detrimental to a company’s marketing strategy.
The subscription box industry has been booming for the last several years. In fact, the subscription industry has grown by over 100% year after year… and this growth will only continue in the years to come.
Increasing customer retention can increase profits by 25%. It is much easier to retain old customers than convince new customers to use your services. That’s why it’s important to retain those customers you may be losing to failed payments. There are several strategies to limit involuntary churn, including:
September 23 - Atlanta, GA - Gravy, the Global Leader in Revenue Retention, is thrilled to announce that it has been ranked #12 on the 2021 LinkedIn Top Startups List – The Top 50 U.S. companies on the rise. This is the company’s first appearance on the prestigious list, which includes well-known brands like Cameo, Clubhouse, Gong and Drift. Gravy represents 1 of only 2 organizations with roots in the Southeast.
