Retention Engine

RetentionEngine, now part of Stay Ai, is an AI-powered tool that can help reduce subscriber churn by up to 47%. It has assisted over 300 consumer brands in saving $100 million in revenue in the last year and is credited with saving subscription companies over $5 million in monthly recurring revenue (MRR).

Key Features:

1. No-Code Cancel Flow:RetentionEngine enables subscription businesses to create dynamic cancel flows without the need for coding. It captures insights on why customers are canceling, works to retain them, and reactivates former customers.

2. Analytics For Voluntary Churn:The software allows businesses to track why customers are canceling and provides insights into customer segments' performance, helping identify areas for improvement.

3. Personalized Treatments:Businesses can deliver personalized treatments to customers based on their cancelation reasons, including one-click pausing, discounts, product/tier swapping, reminders of what they'll be losing, and even personalized video messages, which have shown a remarkable 40% save rate increase in the PRO tier.

Use Cases:

1. Reduce Churn with Personalized Cancel Flows:Subscription companies can use RetentionEngine to create tailored cancel flows, improving customer retention rates. For example, Monthly Tee Club experienced a 166% increase in retention rate using this software.

2. Effortless Implementation with No-Code:RetentionEngine's no-code approach allows businesses to set up and integrate the tool in just 15 minutes, saving valuable developer hours and making it accessible for a wide range of businesses.

3. AI-Driven Optimization:By harnessing state-of-the-art AI, RetentionEngine learns and optimizes strategies over time, increasing its effectiveness in retaining customers and ultimately boosting revenue.

Conclusion:

RetentionEngine, now part of Stay Ai, empowers subscription businesses to combat subscriber churn effectively. With features like no-code cancel flows, analytics for voluntary churn, and personalized treatments, it's a valuable asset in increasing customer retention rates and saving revenue. Its easy setup and AI-driven optimization make it a must-have tool for businesses looking to thrive in the subscription industry.