SlideShare una empresa de Scribd logo
1 de 4
Descargar para leer sin conexión
Brought to you by
ProfitWell Report - Support Benchmarks
SUPPORT IMPACT ON WILLINGNESS TO PAY
Good Support Drives Higher Willingness to Pay
Data suggests that support isn’t as much of a value detractor as it is a value driver, meaning bad support
doesn’t take away from willingness to pay as much as good support drives higher WTP
WTPRELATIVETOCURRENTPRICE Q3 = 75TH PERCENTILE
Q3 = 50TH PERCENTILE (MEDIAN)
Q4 = 25TH PERCENTILE
SOURCE: 2018 SUPPORT WTP STUDY Brought to you by
N
579k
PERCEPTION OF PRODUCT’S SUPPORT
N = 579.2k consumers
SUPPORT IMPACT ON RETENTION
Net Retention Relative to Support Perception
Those companies with positive support perceptions have anywhere from 15-30% higher net retention on
an absolute basis than companies with negative support perceptions.
NETRETENTION
50%
68%
85%
103%
120%
Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017
Negative Perception (-1, -3)
Neutral Perception
Positive Perception (1, 3)
QUARTER MEASUREMENT WAS RECORDED
N
33.1k
N = 33.1k consumers of subscription products
Brought to you bySOURCE: 2018 SUPPORT RETENTION STUDY
-50%
-40%
-30%
-20%
-10%
0%
10%
20%
30%
40%
50%
-0.5 -0.4 -0.3 -0.2 -0.1 0 0.1 0.2 0.3 0.4 0.5
Revenue Drivers
VALUE OF SUPPORT OVER TIME
Value Matrix for Premium Support Over Time
Over time, great support is going from being a premium add-on that people are willing to pay to a value
driver where folks may still be willing to pay, but more and more consumers are just expecting
N
207k
N = 207.3k consumers of software
Brought to you by
MORE IMPORTANTLEAST IMPORTANT
HIGH WTP
LOW WTP
DEVIATIONFROMMEDIANWTP
RELATIVE FEATURE PREFERENCE
Support, 2012
2013
2014
2015
2016
SOURCE: 2018 SUPPORT WTP AND RETENTION STUDY

Más contenido relacionado

Similar a ProfitWell Report - Support Benchmarks

Mutual funds-products- f
Mutual funds-products- fMutual funds-products- f
Mutual funds-products- fIshanDhoble1
 
Wessex AHSN Stakeholder Research report 2016
Wessex AHSN Stakeholder Research report 2016Wessex AHSN Stakeholder Research report 2016
Wessex AHSN Stakeholder Research report 2016Wessex AHSN
 
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...health2dev
 
Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...
Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...
Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...Suzanne Hendery
 
A cutting edge behavioural approach to achieving your contact centre’s object...
A cutting edge behavioural approach to achieving your contact centre’s object...A cutting edge behavioural approach to achieving your contact centre’s object...
A cutting edge behavioural approach to achieving your contact centre’s object...Contact Centre Management Group
 
Upfront LP Survey of the Venture Capital & Startup Industry
Upfront LP Survey of the Venture Capital & Startup IndustryUpfront LP Survey of the Venture Capital & Startup Industry
Upfront LP Survey of the Venture Capital & Startup IndustryMark Suster
 
Trust Barometer_Sustainable Brands_FINAL_06.05.16
Trust Barometer_Sustainable Brands_FINAL_06.05.16Trust Barometer_Sustainable Brands_FINAL_06.05.16
Trust Barometer_Sustainable Brands_FINAL_06.05.16Bob Knott
 
2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...
2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...
2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...VolunteerMatch
 
Raising Consumer Awareness of Virtual Visits
Raising Consumer Awareness of Virtual VisitsRaising Consumer Awareness of Virtual Visits
Raising Consumer Awareness of Virtual VisitsChelsea Beecher, MPA
 
The State of Consumer Healthcare: A Study of Patient Experience
The State of Consumer Healthcare: A Study of Patient ExperienceThe State of Consumer Healthcare: A Study of Patient Experience
The State of Consumer Healthcare: A Study of Patient ExperienceProphet
 
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...health2dev
 

Similar a ProfitWell Report - Support Benchmarks (17)

Mutual funds-products- f
Mutual funds-products- fMutual funds-products- f
Mutual funds-products- f
 
Wessex AHSN Stakeholder Research report 2016
Wessex AHSN Stakeholder Research report 2016Wessex AHSN Stakeholder Research report 2016
Wessex AHSN Stakeholder Research report 2016
 
Consumer Snapshot July 2015
Consumer Snapshot July 2015Consumer Snapshot July 2015
Consumer Snapshot July 2015
 
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health 2021 -...
 
Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...
Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...
Becker's Annual Meeting_4-2022 Harnessing the Power of Satisfaction Suzanne H...
 
Consumer Snapshot - January 2014
Consumer Snapshot - January 2014Consumer Snapshot - January 2014
Consumer Snapshot - January 2014
 
A cutting edge behavioural approach to achieving your contact centre’s object...
A cutting edge behavioural approach to achieving your contact centre’s object...A cutting edge behavioural approach to achieving your contact centre’s object...
A cutting edge behavioural approach to achieving your contact centre’s object...
 
Upfront LP Survey of the Venture Capital & Startup Industry
Upfront LP Survey of the Venture Capital & Startup IndustryUpfront LP Survey of the Venture Capital & Startup Industry
Upfront LP Survey of the Venture Capital & Startup Industry
 
Business Confidence Survey | July 2015 | FICCI
Business Confidence Survey | July 2015 | FICCIBusiness Confidence Survey | July 2015 | FICCI
Business Confidence Survey | July 2015 | FICCI
 
Trust Barometer_Sustainable Brands_FINAL_06.05.16
Trust Barometer_Sustainable Brands_FINAL_06.05.16Trust Barometer_Sustainable Brands_FINAL_06.05.16
Trust Barometer_Sustainable Brands_FINAL_06.05.16
 
2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...
2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...
2014 Giving in Numbers: Highlights from CECP's Annual Reserach - November 201...
 
Raising Consumer Awareness of Virtual Visits
Raising Consumer Awareness of Virtual VisitsRaising Consumer Awareness of Virtual Visits
Raising Consumer Awareness of Virtual Visits
 
Consumer Snapshot - January 2017
Consumer Snapshot - January 2017Consumer Snapshot - January 2017
Consumer Snapshot - January 2017
 
Consumer Snapshot - October 2015
Consumer Snapshot - October 2015Consumer Snapshot - October 2015
Consumer Snapshot - October 2015
 
The State of Consumer Healthcare: A Study of Patient Experience
The State of Consumer Healthcare: A Study of Patient ExperienceThe State of Consumer Healthcare: A Study of Patient Experience
The State of Consumer Healthcare: A Study of Patient Experience
 
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...
The Catalyst @ Health 2.0/Wipfli Survey on the State of Digital Health Result...
 
Consumer Snapshot June 2015
Consumer Snapshot June 2015Consumer Snapshot June 2015
Consumer Snapshot June 2015
 

Más de Price Intelligently

Discounting benchmarks for Subscription Companies
Discounting benchmarks for Subscription CompaniesDiscounting benchmarks for Subscription Companies
Discounting benchmarks for Subscription CompaniesPrice Intelligently
 
Nate Walkingshaw - Mowing your Product Lawn
Nate Walkingshaw - Mowing your Product LawnNate Walkingshaw - Mowing your Product Lawn
Nate Walkingshaw - Mowing your Product LawnPrice Intelligently
 
David Hauser - The Secret Lessons Learned Scaling to $30M ARR
David Hauser - The Secret Lessons Learned Scaling to $30M ARRDavid Hauser - The Secret Lessons Learned Scaling to $30M ARR
David Hauser - The Secret Lessons Learned Scaling to $30M ARRPrice Intelligently
 
Patrick Campbell - The Case for Freemium
Patrick Campbell - The Case for FreemiumPatrick Campbell - The Case for Freemium
Patrick Campbell - The Case for FreemiumPrice Intelligently
 
Guillame Cabane - Intent Driven Automation
Guillame Cabane - Intent Driven AutomationGuillame Cabane - Intent Driven Automation
Guillame Cabane - Intent Driven AutomationPrice Intelligently
 
Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...
Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...
Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...Price Intelligently
 
Jonathan Kim - How to Keep Customers For Life
Jonathan Kim - How to Keep Customers For LifeJonathan Kim - How to Keep Customers For Life
Jonathan Kim - How to Keep Customers For LifePrice Intelligently
 
Kate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25M
Kate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25MKate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25M
Kate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25MPrice Intelligently
 
Patrick Campbell - The State of the Subscription Economy
Patrick Campbell - The State of the Subscription EconomyPatrick Campbell - The State of the Subscription Economy
Patrick Campbell - The State of the Subscription EconomyPrice Intelligently
 
Steli Efti - Designing Your SaaS Sales Machine
Steli Efti - Designing Your SaaS Sales MachineSteli Efti - Designing Your SaaS Sales Machine
Steli Efti - Designing Your SaaS Sales MachinePrice Intelligently
 
Suneet Bhatt - The How and Why of Support Driven Growth
Suneet Bhatt - The How and Why of Support Driven GrowthSuneet Bhatt - The How and Why of Support Driven Growth
Suneet Bhatt - The How and Why of Support Driven GrowthPrice Intelligently
 
Katie Rogers - Segmenting for Success
Katie Rogers - Segmenting for SuccessKatie Rogers - Segmenting for Success
Katie Rogers - Segmenting for SuccessPrice Intelligently
 
Monika Saha - Key Considerations When Operationalizing Your Pricing Strategy
Monika Saha - Key Considerations When Operationalizing Your Pricing StrategyMonika Saha - Key Considerations When Operationalizing Your Pricing Strategy
Monika Saha - Key Considerations When Operationalizing Your Pricing StrategyPrice Intelligently
 
Forget your feelings: How to actually quantify your buyer personas - SaaSFest...
Forget your feelings: How to actually quantify your buyer personas - SaaSFest...Forget your feelings: How to actually quantify your buyer personas - SaaSFest...
Forget your feelings: How to actually quantify your buyer personas - SaaSFest...Price Intelligently
 
Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...
Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...
Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...Price Intelligently
 
Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016
Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016
Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016Price Intelligently
 
How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...
How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...
How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...Price Intelligently
 

Más de Price Intelligently (20)

Value metric benchmarks
Value metric benchmarksValue metric benchmarks
Value metric benchmarks
 
Discounting benchmarks for Subscription Companies
Discounting benchmarks for Subscription CompaniesDiscounting benchmarks for Subscription Companies
Discounting benchmarks for Subscription Companies
 
Nate Walkingshaw - Mowing your Product Lawn
Nate Walkingshaw - Mowing your Product LawnNate Walkingshaw - Mowing your Product Lawn
Nate Walkingshaw - Mowing your Product Lawn
 
David Hauser - The Secret Lessons Learned Scaling to $30M ARR
David Hauser - The Secret Lessons Learned Scaling to $30M ARRDavid Hauser - The Secret Lessons Learned Scaling to $30M ARR
David Hauser - The Secret Lessons Learned Scaling to $30M ARR
 
Ed Byrne - Common Sense Scaling
Ed Byrne - Common Sense ScalingEd Byrne - Common Sense Scaling
Ed Byrne - Common Sense Scaling
 
Patrick Campbell - The Case for Freemium
Patrick Campbell - The Case for FreemiumPatrick Campbell - The Case for Freemium
Patrick Campbell - The Case for Freemium
 
Guillame Cabane - Intent Driven Automation
Guillame Cabane - Intent Driven AutomationGuillame Cabane - Intent Driven Automation
Guillame Cabane - Intent Driven Automation
 
Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...
Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...
Hiten Shah and Marie Prokopets - Lessons Learned from Building 5 Products in ...
 
Jonathan Kim - How to Keep Customers For Life
Jonathan Kim - How to Keep Customers For LifeJonathan Kim - How to Keep Customers For Life
Jonathan Kim - How to Keep Customers For Life
 
Kate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25M
Kate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25MKate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25M
Kate Moore - Acquisition the Agile Way: Scaling Marketing from $5M to $25M
 
Patrick Campbell - The State of the Subscription Economy
Patrick Campbell - The State of the Subscription EconomyPatrick Campbell - The State of the Subscription Economy
Patrick Campbell - The State of the Subscription Economy
 
Steli Efti - Designing Your SaaS Sales Machine
Steli Efti - Designing Your SaaS Sales MachineSteli Efti - Designing Your SaaS Sales Machine
Steli Efti - Designing Your SaaS Sales Machine
 
Suneet Bhatt - The How and Why of Support Driven Growth
Suneet Bhatt - The How and Why of Support Driven GrowthSuneet Bhatt - The How and Why of Support Driven Growth
Suneet Bhatt - The How and Why of Support Driven Growth
 
Katie Rogers - Segmenting for Success
Katie Rogers - Segmenting for SuccessKatie Rogers - Segmenting for Success
Katie Rogers - Segmenting for Success
 
Monika Saha - Key Considerations When Operationalizing Your Pricing Strategy
Monika Saha - Key Considerations When Operationalizing Your Pricing StrategyMonika Saha - Key Considerations When Operationalizing Your Pricing Strategy
Monika Saha - Key Considerations When Operationalizing Your Pricing Strategy
 
State of SaaS - SaaSFest 2016
State of SaaS - SaaSFest 2016State of SaaS - SaaSFest 2016
State of SaaS - SaaSFest 2016
 
Forget your feelings: How to actually quantify your buyer personas - SaaSFest...
Forget your feelings: How to actually quantify your buyer personas - SaaSFest...Forget your feelings: How to actually quantify your buyer personas - SaaSFest...
Forget your feelings: How to actually quantify your buyer personas - SaaSFest...
 
Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...
Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...
Embracing Humility: Five Ways You're Failing Your Customers - Tara Robertson ...
 
Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016
Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016
Growth Fracking for 2017 - Suneet Bhatt at SaaSFest 2016
 
How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...
How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...
How to Double Your Trial-to-Paid Conversion Rate with On-boarding - Rob Walli...
 

Último

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfRbc Rbcua
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Riya Pathan
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCRashishs7044
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyotictsugar
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCRashishs7044
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxmbikashkanyari
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africaictsugar
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfrichard876048
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessSeta Wicaksana
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Kirill Klimov
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Doge Mining Website
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationAnamaria Contreras
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?Olivia Kresic
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckHajeJanKamps
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMVoces Mineras
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCRashishs7044
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy Verified Accounts
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03DallasHaselhorst
 

Último (20)

APRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdfAPRIL2024_UKRAINE_xml_0000000000000 .pdf
APRIL2024_UKRAINE_xml_0000000000000 .pdf
 
Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737Independent Call Girls Andheri Nightlaila 9967584737
Independent Call Girls Andheri Nightlaila 9967584737
 
8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR8447779800, Low rate Call girls in Saket Delhi NCR
8447779800, Low rate Call girls in Saket Delhi NCR
 
Investment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy CheruiyotInvestment in The Coconut Industry by Nancy Cheruiyot
Investment in The Coconut Industry by Nancy Cheruiyot
 
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
No-1 Call Girls In Goa 93193 VIP 73153 Escort service In North Goa Panaji, Ca...
 
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
8447779800, Low rate Call girls in New Ashok Nagar Delhi NCR
 
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCREnjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
Enjoy ➥8448380779▻ Call Girls In Sector 18 Noida Escorts Delhi NCR
 
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptxThe-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
The-Ethical-issues-ghhhhhhhhjof-Byjus.pptx
 
Kenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby AfricaKenya’s Coconut Value Chain by Gatsby Africa
Kenya’s Coconut Value Chain by Gatsby Africa
 
Innovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdfInnovation Conference 5th March 2024.pdf
Innovation Conference 5th March 2024.pdf
 
Organizational Structure Running A Successful Business
Organizational Structure Running A Successful BusinessOrganizational Structure Running A Successful Business
Organizational Structure Running A Successful Business
 
Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024Flow Your Strategy at Flight Levels Day 2024
Flow Your Strategy at Flight Levels Day 2024
 
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
Unlocking the Future: Explore Web 3.0 Workshop to Start Earning Today!
 
PSCC - Capability Statement Presentation
PSCC - Capability Statement PresentationPSCC - Capability Statement Presentation
PSCC - Capability Statement Presentation
 
MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?MAHA Global and IPR: Do Actions Speak Louder Than Words?
MAHA Global and IPR: Do Actions Speak Louder Than Words?
 
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deckPitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
Pitch Deck Teardown: Geodesic.Life's $500k Pre-seed deck
 
Memorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQMMemorándum de Entendimiento (MoU) entre Codelco y SQM
Memorándum de Entendimiento (MoU) entre Codelco y SQM
 
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
8447779800, Low rate Call girls in Uttam Nagar Delhi NCR
 
Buy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail AccountsBuy gmail accounts.pdf Buy Old Gmail Accounts
Buy gmail accounts.pdf Buy Old Gmail Accounts
 
Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03Cybersecurity Awareness Training Presentation v2024.03
Cybersecurity Awareness Training Presentation v2024.03
 

ProfitWell Report - Support Benchmarks

  • 1. Brought to you by ProfitWell Report - Support Benchmarks
  • 2. SUPPORT IMPACT ON WILLINGNESS TO PAY Good Support Drives Higher Willingness to Pay Data suggests that support isn’t as much of a value detractor as it is a value driver, meaning bad support doesn’t take away from willingness to pay as much as good support drives higher WTP WTPRELATIVETOCURRENTPRICE Q3 = 75TH PERCENTILE Q3 = 50TH PERCENTILE (MEDIAN) Q4 = 25TH PERCENTILE SOURCE: 2018 SUPPORT WTP STUDY Brought to you by N 579k PERCEPTION OF PRODUCT’S SUPPORT N = 579.2k consumers
  • 3. SUPPORT IMPACT ON RETENTION Net Retention Relative to Support Perception Those companies with positive support perceptions have anywhere from 15-30% higher net retention on an absolute basis than companies with negative support perceptions. NETRETENTION 50% 68% 85% 103% 120% Q1 2016 Q2 2016 Q3 2016 Q4 2016 Q1 2017 Q2 2017 Q3 2017 Q4 2017 Negative Perception (-1, -3) Neutral Perception Positive Perception (1, 3) QUARTER MEASUREMENT WAS RECORDED N 33.1k N = 33.1k consumers of subscription products Brought to you bySOURCE: 2018 SUPPORT RETENTION STUDY
  • 4. -50% -40% -30% -20% -10% 0% 10% 20% 30% 40% 50% -0.5 -0.4 -0.3 -0.2 -0.1 0 0.1 0.2 0.3 0.4 0.5 Revenue Drivers VALUE OF SUPPORT OVER TIME Value Matrix for Premium Support Over Time Over time, great support is going from being a premium add-on that people are willing to pay to a value driver where folks may still be willing to pay, but more and more consumers are just expecting N 207k N = 207.3k consumers of software Brought to you by MORE IMPORTANTLEAST IMPORTANT HIGH WTP LOW WTP DEVIATIONFROMMEDIANWTP RELATIVE FEATURE PREFERENCE Support, 2012 2013 2014 2015 2016 SOURCE: 2018 SUPPORT WTP AND RETENTION STUDY