Expansion, upsell and churn

What is net revenue retention and why does every investor keep asking me for it? NRR is what happens to the revenue from one group of customers over a year, with no new logos counted: start with what they paid, subtract what chu... Breaking into GTM 4 resources → What is the difference between gross retention and net retention, and which one should I watch? Gross retention counts only what you lost: churn and downgrades, capped at 100 percent. Net retention adds expansion on top, so it can go above 100... Breaking into GTM 4 resources → How much churn is normal, and is mine bad? For software, annual churn above roughly 6 percent is the point where people start calling it high, and monthly churn benchmarks vary hugely by who... Breaking into GTM 4 resources → How do I spot which accounts are actually ready to expand? Look for accounts that are pressing against a limit and accounts that are spreading sideways. Hitting a usage ceiling, adding users faster than the... Doing the work 4 resources → How do I work out why customers are actually churning instead of guessing? Three passes. First, cohort the churn: group customers by when they signed up and by what they did, then see whether people leave at month three or... Doing the work 4 resources → We are losing customers to failed payments. How do I fix involuntary churn? This is the cheapest retention win available and almost nobody owns it. Involuntary churn is typically 20 to 40 percent of total churn and it is a ... Doing the work 4 resources → How do I move net revenue retention from around 100 percent to 120 percent? Do it in the right order. First stop the leak, because expansion built on a leaky base is exhausting: fix involuntary churn, then find the segment ... Leading a GTM team 4 resources → Who should own expansion: sales, customer success, or a dedicated team? Split it by how hard the sale is. Simple expansions that follow naturally from usage (more seats, the next tier) should sit with CS, because they a... Leading a GTM team 4 resources → How do I build a renewal and expansion process that runs without me in every deal? Treat renewal as a pipeline, not a date. Every renewal gets a stage, an owner and a forecast category, opened at least a quarter out for anything m... Leading a GTM team 4 resources → Our churn got noticeably worse this year. How do I run the fix as a leader? Make it one of the company's top three goals and put one named person on it, which sounds too simple and works almost every time. Then segment befo... Leading a GTM team 4 resources → How did Snowflake reach 158 percent net revenue retention, and what is actually copyable? Consumption pricing did it. Customers paid for what they ran, so as they moved more workloads onto the platform their spend grew with no upsell con... How the best do it 4 resources → Does usage-based pricing really lift expansion, and should we switch? The numbers say yes: top quartile net retention for largely usage-based companies runs around 122 percent versus about 109 percent for those with n... How the best do it 4 resources → What NRR should a genuinely best-in-class company target in my segment? Bessemer's bands are the ones boards use: 100 percent is good, 110 percent is better, 120 percent and above is best. But segment moves the goalpost... How the best do it 4 resources →