Utilizing A.I to reduce customer churn?

Hello human

💡 Utilizing A.I to reduce customer churn?

This concept involves using AI-algorithms to detect patterns in customer behavior and forecast when customers are likely to leave.

📚 For example:

If your business is a SAS.

• A.I could find customers that did not use your tool for a long period of time.

• Or that submitted multiple tickets to signal technical bugs.

• And send them a personalized discount on their next purchase and a free trial of your premium services to incentivize them to stay.

• Additionally, it could also send them an email asking for feedback on how to improve their experience.

By utilizing AI to predict customer churn, taking the necessary steps to retain customers, and leveraging customer feedback to improve their experience, you could potentially reduce your customer churn rate by up to 30%.

🤖 This Email Was Written by Tugan.AI

(Human note: it’s not Friday, but I need to give you this tool, it’s called Akkio, and it’s an A.I to reduce churn by using behavioral analytics - https://www.akkio.com/)