As to not bury the lede, we’re excited to announce that we’ve partnered with Chargify to strengthen their metrics and reporting capabilities.
With ProfitWell’s inception 7 years ago, we began with a mission of understanding and compiling a unified theory for subscription growth. Essentially, we wanted to understand the truth behind why recurring revenue businesses grow, what contributes to that growth, and how we can replicate that growth for our users.
And a whole lot has happened since...
We’ve seen inside more than 20% of the entire subscription economy and know that consistently driving growth is exceptionally hard. SaaS operators have the expertise but are continuously blocked with foundational issues that take time and energy.
We’ve already begun to crack these problems with ouralgorithms around subscription pricingandProfitWell Retain’s focus on subscription retention. A cornerstone of our mission is to create the world’s largest community of recurring revenue businesses and provide the most accurate subscription metrics product on the market — for free. After all, the only way to crack the subscription growth code is to understand businesses at the deepest level, and we never wanted to do this alone.
At its core, Chargify removes barriers for SaaS businesses.
When you’re trying to grow from $1M to $100M in ARR, there are pricing permutations, retention problems, and inflexible tech stacks holding you back. The challenges are plenty — and they are inevitable.
Chargify has made it their mission to knock down these walls and make your life easier when it comes to generating and managing subscription revenue. Their Elastic Billing engine allows you to price creatively and adapt quickly. Chargify’s best-in-class customer support allows you to integrate easily and make changes with confidence. And, their detailed analytics suite gives operational visibility because as you continue to grow, so do your needs for insight.
"ProfitWell is a natural partner because they have direct insight into 20% of the subscription market and know first hand that consistently driving growth is exceptionally hard."
— Michael Klett, Co-Founder & CTO, Chargify
Joining forces to drive SaaS revenue
From here on out, Chargify customers can access ProfitWell’s 100% accurate SaaS financial and engagement analytics. ProfitWell Metrics offers additional financial metrics beyond Chargify’s standard offering, allowing you to uncover exactly where you’re doing well and where you’re not — so you can focus on what matters.
Sign up takes 2 minutes, and gives you access to the deepest financial and engagement metrics — including cohort analysis, segmentation, user profiles, and all you need for reporting and gathering insights on growth.
Special offer for those who sign up in the next 48 hours
As an added bonus, all Chargify customers who sign up in the next 48 hours can receive a ProfitWell Plus plan,free for the next year (normally $2.4k per year), which includes extra goodies like enriching all of your customer data with Clearbit and Full Contact, priority support, real-time analytics, and a whole lot more.
Pricing & retention benchmarks
Chargify customers can sign up forfree pricing and retention audits, during which we’ll utilize our extensive database (roughly 20% of the SaaS market) to benchmark where you stand against similar companies on expansion revenue, churn, ARPU and other key indicators of healthy monetization and retention.
What’s coming next
We’re particularly pumped to join forces with the Chargify team because it’s so much more than your traditional partnership — from the new product integration, to shows and events, we’re excited for what’s to come.
Here’s a sneak peek on what’s on lock for the rest of 2019:
Retain improves Chargify users’ current retention process by combining world-class SaaS expertise with algorithms that leverage millions of data points to automate retention and failed payment recovery. Turn on Retain and watch it automatically win back customers that were on a path to churn. You only pay if it performs.
RevOps and Hops
Coming to your inbox fall 2019, RevOps and Hops is a new series where Patrick Campbell and Chargify’s Michael Klett interview B2B SaaS leaders about their trials and tribulations in the world of growth and revenue operations.
Sign Up Now
All Chargify customers cansign up nowto get our free metrics, and special offers.
If you are not a Chargify customer,talk to a Chargify billing expertfor more information about how you can leverage Chargify’s platform with our free ProfitWell Metrics.
Stay tuned for more exciting updates from Chargify and ProfitWell as we continue to deepen our partnership.
By Patrick Campbell
Founder & CEO of ProfitWell, the software for helping subscription companies with their monetization and retention strategies, as well as providing free turnkey subscription financial metrics for over 20,000 companies. Prior to ProfitWell Patrick led Strategic Initiatives for Boston-based Gemvara and was an Economist at Google and the US Intelligence community.