Subscription Saver has Saved Over $400,000,000
This post has been updated and includes a customer testimonial.
Do you know what a “dunning process” is? Here’s a hint. It has to do with recurring subscriptions. You probably know what dunning is, but we’d bet it’s the first time you’ve heard it called by name before. Dunning is the technology behind our latest feature, Subscription Saver SamCart’s Subscription Saver wins back huge chunks of your sales every single month, completely on autopilot.
Where You're Losing Subscriptions
Do you offer limited recurring payments like, “3 payments of $100” or “$50 today, then $25 each month”? If you do, then Subscription Saver is a must for your business. What happens when one of your subscriptions has a charge get declined? What if the credit card was cancelled, or expired? The truth is, even a single declined charge on any subscription is a death sentence for most people. That subscription income is gone in a puff of smoke, never to be seen again, once a charge is declined. Now your hard-earned recurring income is shrinking month after month.
Introducing: Subscription Saver
What would your bottom line look like if you had a team of people whose full-time job was to reach out to those customers on your behalf, and save that recurring income from disappearing forever? SamCart’s Subscription Saver gives you just that.
Your New Automated Sales Team
When any subscription payment fails, SamCart automatically sends emails to your customer on your behalf. Those simple emails come complete with a secure link where your customer can update the payment info they have on file, right from their inbox! After your customer updates their info, SamCart charges the late payment, and your subscription gets saved! No lost recurring revenue, no time spent clumsily chasing down your customers. It’s like having a team of Retention Specialists on your staff, working around the clock. Subscription Saver is available with SamCart's Scale plan as part of the Advanced Growth Package. It carefully guards all of your subscriptions, without you ever having to lift a finger.
$40K to $400M
When we first introduced Subscription Saver it saved over $40,000 in sales for SamCart customers in a 30-day period! In five years, Subscription Saver has now saved over $400,000,000 in sales. Yes, 400 million. That’s a few more zeros. It’s just another way that SamCart pays for itself, and keeps things simple for “non-techies”.
Information At A Glance
Wether you have 10 or 10,000 active subscriptions, SamCart is carefully guarding each and every customer from failing. Our simple dunning report lets you see what Subscription Saver is doing behind the scenes!
See exactly how many customers are “In Recovery”, what emails are automatically going out to customers, what step in the process is saving the most subscriptions, and more. And of course, you can see exactly how much money SamCart has saved your business! With this information at your fingertips, you never have to go diving through pages and pages of orders desperately looking for any failed charges. Finally, you can see all of your active, past due, and delinquent subscriptions in one place.
You even have a live feed where you can see Subscription Saver working for you in real time.
Subscription Saver Saves Time
Subscription Saver works around the clock to maximize the recurring revenue you keep for your business. It follows a proven schedule for capturing the highest number of declined charges. Here’s how that works. When a subscription has its first failed charge, Subscription Saver marks that subscription as “In Recovery”. Subscription Saver sends the first recovery email to the customer on your behalf, with a unique link where they can securely provide new payment information. SamCart attempts to recover the late payment once the card has been updated. If the card isn’t updated, no worries. SamCart will still attempt to recover the late payment with the card already on file. Subscription Saver will try to recover the late payment four more times. Customers receive an email reminder asking them to update their payment information each time the payment fails. This schedule gives you the best chance possible to successfully charge the card, and keep that subscription active. And the stats are clear, SamCart’s Subscription Saver is saving SamCart customer’s huge chunks of money, and protecting their recurring subscription income.
Subscription Saver Saves Money
Remiah Trask is a SamCart creator generating over $10,000 monthly with web design and digital business consulting. Subscription Saver was a no-brainer for him. “SamCart has recovered at least $2,000 to $5,000 of payments on a monthly basis. That’s a lot of money.” In the past, if he got a failed payment, there was always a chance that he would forget about it for a month or two. Now he doesn’t have to manually track down those failed payments anymore. “I have less risk, because SamCart is doing all the heavy lifting.” Remiah’s one of SamCart’s coolest Success Stories. Learn more about his story in the video below.
You can read more about Subscription Saver here.
Want To See SamCart In Action?
Join 23,000 other businesses that have used SamCart to sell more than $2 billion of their own products, goods and services. Check out our plans, and grab a free demo today.
Real team members are at your service seven days a week. Let us know how we can help you. Our Knowledge Base is also a great resource if you have any questions. We’ve created powerful features to multiply your sales. Our beautiful pre-designed templates help launch your products faster than ever. SamCart makes running your online business simple. Make sure to check out our YouTube channel, Facebook Group, Facebook Page and Instagram.