THREAD: How to keep users around longer.

Surprise: Acquiring a new user costs 5x more than retaining one.

Here's how to keep the customers you already have:
Customer retention comes from:

1. Loyalty: Build affinity through a quality user experience

2. Incentives: Align your value prop w/ users' desires

3. Frictionless experience: Make it easy for customers to repeat buy

7 insights that'll help you keep customers coming back 👇
1) Consider ditching promotional giveaways & limited-time specials—these do NOT build long-term customer loyalty.

• They might get users to try something—but not stick around

• And they train customers to ONLY buy from you when you're running a promo
Instead of short-term promos, consider creating an enticing rewards program.

Check out @thredUP's:

• Gamifies experience w/ multiple ways to earn & redeem points
• Creates urgency through expiry dates (E.g. "Use by Aug 24")
• Progress bar encourages continued engagement
2) You'll lose customers if they have to repeat their problems to customer experience bots—so improve this:

• Refer to notes from previous conversations
• Use real names/faces—they're comforting
• Escalate to your team quickly if your bots can't solve the problem
3) Surprise current customers w/ freebies.

Important notes:

• Don't wait for birthdays—that's when customers receive gifts from lots of other brands
• Relate gifts to your core offering for more affinity

E.g. @chewy randomly sends customers pet portraits
4) Before customers churn, you'll likely see a dip in engagment.

When you start seeing low engagement, offer a downsell (lower-cost alternative) to keep customers from churning.

You'll gain trust by selling only what they need—and not what they can't afford.
5) Churn isn't always intentional—it's often caused by an expired credit card

For subscription companies:

• Retry the card on-file again
• If you need to contact customers, send a mobile-friendly link to collect card info
• Follow up w/ SMS

Tools like @churnbuster can help
6) Instead of greeting all visitors the same way, show returning customers a personalized welcome popup and remind them of your value prop.

Booking includes a "welcome back" message for returning visitors (tracked through cookies).
7) Make your checkout process frictionless.

3 tactics to try:

1. Enable one-click checkout using tools like @Fast.
2. Reduce options on your navbar to prevent distractions.

Existing customers already want to buy from you. Remove friction for repeat purchases 👇
3. Encourage account registration—but don't require it.

First-time buyers may not be ready to commit.

Wait until after they purchase to send an email explaining registration perks, like tracking shipments, viewing order history, and rewards.
Recap:

• Reconsider short-term promos
• Improve CX interactions
• Surprise w/ freebees
• Downsell when necessary
• Avoid unintentional churn
• Personalize popups
• Make checkout frictionless

Improve retention by building loyalty, removing friction, & aligning incentives
If you found this valuable, give us a follow @growthtactics
Check out our biweekly newsletter for our best growth insights: demandcurve.com/newsletter#y3b…

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More from @GrowthTactics

24 Feb
We’ve shared a lot of growth tactics.

Of all of them, here are the 8 you must remember.

THREAD: On email marketing, CRO, ads, and more 👇
Inactive contacts on your email list bring down email deliverability.

So consider cleaning your email list quarterly:

1. Find contacts who've been inactive for 3+ months
2. Try a win-back campaign: Send them an email. Allow them to click a button to remain on your list

(1/2)
(2/2)

3. Remove all the inactive contacts who don't click

Then test to see if you get higher open rates and CTRs:

These send positive signals to Google, which should improve your deliverability over the long run—your emails land in more inboxes & fewer spam folders.
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19 Feb
THREAD: How to make ads that get clicks.

(For Facebook and Instagram)

You'll learn:

• How to write ads for your audience
• Frameworks for messaging
• How to design ads
Copy & creative.

Copy = Text that is carefully crafted for a specific outcome.

Creative = Term for multimedia, such as images and videos.

Together, they determine the click-through rate (CTR) of your ads—a 25% difference in CTR can make or break paid acquisition.
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Focus on writing appealing copy to those higher up on the ladder, since it requires less time and energy to convert these people.
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16 Feb
THREAD: How to grow your startup through referrals, and word of mouth.

(Actionable tactics from working with 400+ startups)
Here's the truth: Your startup most likely won't make a video and go viral like Dollar Shave Club.

So instead of trying to "go viral," focus on acquiring customers through fans who already love your product.
There are 3 ways to grow through your current customers:

1. Product-led growth: Your product is built for sharing.

2. Word of mouth: Users proactively recommend your product to friends.

3. Referrals: You create an incentivized reward program.

Let's dive into each 👇
Read 16 tweets
12 Feb
THREAD: How to get users to use your app 👇

Most SaaS apps lose 95% of new users within 90 days. That's insane.

They tend to lose those users during onboarding—when a first impression is made.

Here's how to avoid this.
After reading this thread, you'll know how to welcome users into your product in a way that motivates them into being lifelong customers.
Here's the 80/20 on onboarding:

Start by visualizing your user's journey toward experiencing value from your product—this is the reason users sought you out.

Then:

• Identify the obstacles that come up along the way
• Address those obstacles in your onboarding flow
Read 15 tweets
9 Feb
THREAD: 10 significant lies you've been told about marketing:

On email marketing, ads, and referrals.
"Send a welcome email immediately after signup"

Don't. People will reflexively discard it as spam.

Instead, delay your welcome email by 15-45 mins.

The delay removes the subscriber's mental connection between signup —> your email, bypassing the reflex to ignore.

More opens.
"Only highlight your best product reviews"

Imperfect reviews can generate MORE sales than 5-star ones.

When a review weighs cons versus pros yet concludes the product was worth purchasing anyway, people see it's authentic & REAL.

So don't bury slightly negative reviews.
Read 13 tweets
2 Feb
THREAD: How to improve your startup's conversion rate through A/B testing.

We've consolidated learnings from running 1000s of A/B tests for companies like Segment, Microsoft, and Tovala.
A/B testing = the science of testing changes to see if they improve conversion.

This thread covers:

1. Deciding what to A/B test
2. Prioritizing valuable tests
3. Tracking and recording your results
Testing makes or breaks growth.

We've worked with companies that were failing to convert their traffic.

But after three months of landing page A/B testing, they got traction.

The key: They continuously made their messaging more clear and their offer more compelling
Read 20 tweets

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