3 Questions Survey< 1 minute to complete

Lost Customer Survey

  • Find out why your customers stopped using your product or service
  • Understand what it takes to make customers stay for longer
  • Click on the left to get more churn reason insights!

    USE THIS SURVEY

Churn Rate Definition

Churn rate is a problem that a lot of companies face, irrespective of the industry. Knowing that it costs 5x more to acquire new customers than it is to retain your existing ones – it’s a massive growth inhibitor.

How do you define churn? It’s the percentage of customers who stopped using your product or service within a certain timeframe. It can be calculated by dividing the number of your lost customers by the number of your acquired customers during a chosen time period.

If your goal is to grow your business, then reducing churn should be your number one priority. Here are 6 Powerful Tactics to Win Your Fight with Customer Churn.

Reduce Churn Rate With Survey

A lot of businesses fail to reduce their churn rate, as they don’t know why their customers churn in the first place. Finding out why your customer decided to leave you comes down to asking the right questions. Easier said than done? Not if you use a survey tool like Survicate!

We’re even going to give you a ready to use a template, so you don’t have to struggle with coming up with the right questions, all you have to do is put it to good use.

How will this survey benefit me?

Identifying your churn reasons will allow you to come up with the right churn reduction strategies and as a result, speed up your business growth. Getting customer feedback will also help you improve your product for the future.

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Churn Survey Questions

You know what they say – make hay while the sun shines. Try to send out your churn reason survey immediately after your customer leaves you, this increases your chances of getting a response.

If you postpone your survey, the customer might not remember why they churned and could lack the motivation to answer your survey. Here are some of the questions you can use:

Why did you decide to cancel your subscription?

This question allows you to identify the main churn reason which you can further explore using follow-up questions.

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