Why your customers’ second invoice is so important

In the SaaS industry, customer retention is crucial to a company's success, as it can increase the bottom line by up to 7% more than increasing conversion rates. However, many businesses focus too much on acquisition metrics and neglect retention, with 44% of companies admitting to prioritizing acquisition over retention. To address this, Intercom implemented a campaign that sends targeted messages to customers at key stages of their journey, leveraging behavior-based data attributes to provide personalized engagement. By doing so, the company aims to build better relationships with its customers, reduce manual check-ins, and ultimately increase customer retention in the small business segment.