Going Deep on Customer Retention Analytics for Subscriptions with Harvard Business School's Eva Ascarza

Episode 57 June 07, 2023 00:42:59
Going Deep on Customer Retention Analytics for Subscriptions with Harvard Business School's Eva Ascarza
Subscription Stories: True Tales from the Trenches
Going Deep on Customer Retention Analytics for Subscriptions with Harvard Business School's Eva Ascarza

Jun 07 2023 | 00:42:59

/

Show Notes

When I first started talking about the Membership Economy, there just weren’t that many academics or researchers interested in studying the power of customer retention.  That’s why I’m really happy to see some of the best minds in finance, strategy and marketing today are thinking about how to build, and measure durable relationships between organizations and the people they serve. Today’s guest, Eva Ascarza, is the Jakurski Family Associate Professor of Business Administration at the Harvard Business School. Her primary research subject is customer management (with special attention to the problem of customer retention). That’s good news for all of us building subscription businesses. In today’s discussion, we talk about the right metrics to measure and improve customer retention, how to use pattern recognition to predict which customers will be most valuable, and why cohort-based analysis is so important.

Other Episodes

Episode 48

October 26, 2022 00:43:21
Episode Cover

Maximizing Customer Lifetime Value in Volatile Times with Paul Larsen of Optimized Payments

The single biggest source of churn might surprise you. It’s not a communications issue, or a product/market fit issue, or even an onboarding problem....

Listen

Episode 77

October 02, 2024 00:44:57
Episode Cover

How to Price for Both B2B and B2C Subscriptions with American Home Shield’s Braeden Russell

Making pricing simple can be really complicated, especially in the world of subscriptions, where every pricing change can affect how much your members trust...

Listen

Episode 40

February 09, 2022 00:32:19
Episode Cover

Using Subscriptions to Democratize Healthcare with Matthew Mengerink, CTO of Thirty Madison

Nearly every industry can benefit from joining the Membership Economy, and most industries have great examples of subscription-based organizations. One of the slowest movers...

Listen