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Congrats of the launch! For which types of companies did you see the FlyCode model most successful? What are the results for the average SaaS? I’ve been evaluat
by iddan 1y ago
Congrats of the launch! For which types of companies did you see the FlyCode model most successful? What are the results for the average SaaS? I’ve been evaluating a few solutions but it seems like some of em are mostly focused on e-commerce
- peekypeeky008 1y agoThanks for the comment. We help subscription-based businesses in SaaS and eCommerce. The average results show a boost of 20-25% in the recovery rate
- typpilol 1y agoHow many of those "recovered" payments actually have the user coming back to use the product? I'm going to guess almost 0%
- JakeVacovec 1y agoIt's actually the opposite, we see about 50% of a customers LTV happens after a recovery event. Many services leveraging backup payment methods stem from customer feedback of not wanting downtime (e.g. losing access to wireless or your internet, etc.) it's inefficient and backups are an easy way to address.