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What his the meaning of patterns of a relationship? in a business organization

TLDR: Understanding and managing churn rate is essential for SaaS companies to enhance profitability and growth by addressing customer needs and improving engagement and support. 00:00 📉 Churn rate, the percentage of customers leaving a SaaS product, is a critical metric that impacts revenue, acquisition costs, and overall business growth, but understanding its causes can help mitigate its effects. 01:09 💰 Churn significantly affects SaaS growth by impacting cash flow, customer acquisition costs, and lifetime value, often due to unmet expectations or poor support. 02:16 📊 Calculating churn rate involves dividing the number of lost users by the total users, while considering factors like the timing of cancellations and the chosen time frame for accurate insights. 03:06 📊 Churn rates for SaaS companies typically range from 5% to 7% annually, influenced by revenue growth, with high-growth firms experiencing lower churn. 03:57 📊 Larger SaaS companies maintain lower churn rates by targeting enterprise clients with long-term contracts, while smaller firms face higher churn due to shorter contracts and monthly billing. 05:14 📉 Reducing churn rate is crucial for SaaS companies, aiming for a target of three to five percent annually to ensure profitability and growth. 06:02 🔍 Understand your ideal customers and engage them from the start to reduce churn and ensure your product meets their needs. 06:55 📉 Churn is manageable with a 5-7% benchmark, focusing on user engagement and improving customer service to reduce it.

Than you❤

TLDR: Successful SaaS businesses should prioritize essential financial KPIs, particularly customer acquisition cost (CAC) and customer lifetime value (LTV), to ensure profitability and sustainable growth. 00:00 📊 Focus on essential financial KPIs for SaaS to effectively track and improve your business performance. 00:53 📊 Measure success by ensuring each customer generates more revenue than their acquisition cost to achieve positive unit economics. 01:31 📊 Customer acquisition cost (CAC) and customer lifetime value (LTV) are essential KPIs for evaluating the profitability of a subscription-based business model. 02:05 📈 Customer lifetime value (LTV) is crucial for assessing business success, and a healthy LTV to customer acquisition cost (CAC) ratio should exceed one to ensure profitability. 02:52 📈 Successful SaaS businesses must achieve a strong ratio of customer lifetime value to acquisition cost, focusing on unit economics over less critical metrics. 03:25 📈 Tracking monthly recurring revenue (MRR) and its churn is essential for assessing business sustainability and planning for future growth. 04:03 📈 Use metrics like MRR and churn to set clear goals and assess the effectiveness of growth strategies in your SaaS business. 04:42 📊 Focus on meaningful results rather than becoming obsessed with metrics, as illustrated by the Wells Fargo scandal.

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Sometimes hard to hear you with the music in the background. Good info.

Beautiful 😍❤️

The background music is distracting

My brother leave her job and now looking for project can you suggest something about how to get project they have 5year experience uiux hope you reply as soon as possible

Good vid!

what are chances of investers stealing the idea , can we have them protected in any way ?

do PO's create roadmaps or Pm's ?

when i join a company , can i use which ever i want or what the company uses ?

Thank you for this amazing video! just assigned as a product manager and this video give me a better view of my new role!

Omg i can’t understand.. the music!!!

Excellent content, succinct and complete. Congratulations.

Keep creating bro! Great videos!!

This was solid. Thank you Ilya!

ask ai to generate some crap about product management then read it in front of camera. 33k views generated. congrats

Good job Ilya

thank you for creating and posting such a great video! extremely well explained, awesome editing and style. ;)

Wait, you said 10 heuristics but presented only 9.. or am I wrong?

well explained now I;m your subscriber.

Thank you for your video ✅

🔥🔥

I love how you explain concepts with great video editing, especially around SaaS products

Thank you for this video, I wasn’t sure if I wanted to be a product designer or product manager. Now I know a product designer is more up my alley since I’m aiming to do UX designer.

you're killing it!

🎉 awesome 🎉

Can u provide the vdo link please

Thank you for all the great examples you shared!

2:29 "take a look at the hi-fi wireframes and finalized design", "wireframe looks pretty similar to the final version" - no? the top image you displayed here does not look like a hi-fi wireframe, which (according to several other sources) should be "a close representation of the final design" and is "often indistinguishable from the final design in terms of layout" - which that top image is definitely not? I'm trying to understand the terminology and wonder if you put in the wrong image here? what I've seen from other sources, your top image resembles what is most commonly referred to as a "mid fidelity wireframe" - it doesn't have the right colors or spacing etc. it's all pretty confusing - I don't get the impression that designers really agree on this terminology? from what I've seen, the bottom image in your example here is often describes as either a "high fidelity wireframe", a "mockup", a "protype" or a "final design" - I've never seen what's in the top image here described as a "high fidelity wireframe". I just don't think designers really agree on these terms, do you?

thanks for this ..

I’m a heavy user of eleken and I recommend it strongly! Great content too

thanks for sharing

take some breath between sentences😅

I have always looked at strips for inspiration.

We’re building an app for feedback, calling it Peerfecter.

great video, pro-tip -- .75 playback speed is perfect.

Step 1: Why your product exist? Step 2: Who is going to use it? Step 3: Gather input and feedback Step 4: Determine the main themes Step 5: Breake down themes into actionalble items Step 6: Choose the right roadmap format Step 6.5: Regularly review and update the roadmap

Appreciate sir

Very detailed information thank man🙌

Actual topic! Thanks for this video:)

Great info! Thank you!

Great short summary, very well presented and I think very usefull (but I'm just at the beginning of my research)

Great Info Mate.

Thanks, this video provides a great value. What software/application are you using for in product survey after the testing?

This is a good video, thank you for taking the time to make it