How does Stunning's 'Smart Retries' differ from the retry mechanisms built into Stripe or Subbly?
Stunning's Smart Retries go beyond the standard retry logic of platforms like Stripe. It intelligently retries failed payments at optimal times over a maximum of 21 days, based on an analysis of your customer base and what is most effective for your specific application, aiming for maximum recovery potential.
Can Stunning help recover payments for billing platforms other than Stripe and Subbly?
Yes, while Stunning offers automated solutions for Stripe and Subbly, it also provides 'people-powered' solutions and bespoke failed payment consultations for businesses using any other billing platform. This consultation includes a kick-off call, research into specific needs, and a report with actionable items.
What happens if a customer starts updating their billing information on a Stunning payment page but then abandons the process?
Stunning addresses this with 'Abandonment Emails'. If a customer begins updating their billing information on one of the secure payment pages but gets distracted or leaves the page, the system will automatically send follow-up emails to encourage them to complete the update.
How does Stunning help prevent future failed payments before they even occur?
Stunning employs 'Pre-Dunning Emails' and attempts to automatically update expiring credit card information. If the automatic update is unsuccessful, it sends a series of emails to customers on your behalf, prompting them to update their billing details before a payment fails, thus maintaining cash flow.
If a customer's subscription is cancelled due to failed payments, and they later update their billing information, how does Stunning handle this?
Stunning provides 'Unpaid Reactivation' functionality. If a customer updates their billing information after being marked unpaid, Stunning can automatically reactivate their subscription and charge them for a configurable amount of past-due payments, bringing their account up to date. For subscriptions cancelled due to failed payments, Stunning notifies you when a customer updates their billing info, even if the subscription is no longer active, so you can follow up.
What kind of visibility does Stunning provide into the effectiveness of its recovery efforts?
Stunning offers detailed 'Recovery Stats' and 'Recovery Breakdowns'. You can see how much revenue has been recovered overall and monthly, track customers currently in the recovery process, and identify which specific recovery methods are performing best. This data can even be broken down to the plan level.