Leadpages · Strategy · Internal

Nova Churn — Investigation Brief

Compiled Aug 17, 2026 · Sources: Aurora (billing truth) · Paddle (recurring-renewal export, since Jun 15) · Mixpanel · For: Priority 03 owner + Paddle/billing (Aziz)

TL;DR. Nova paid churn has roughly doubled in 6 weeks (~20 → 55/wk), and as a share of the base the rate went from ~2%/wk to ~4.6% (~6.6% including past-due). It is one narrow cohort: new-ish, monthly, Grow ($99), native-Nova customers hitting their first or second charge — and ~43% of it is failed payments. Recovery is broken (~32% of renewals fail, only ~13% recover vs a healthy 30–70%). Two levers cover almost all of it: fix Paddle dunning and drive activation before the day-37 first bill.

1 · It's increasing — and the rate, not just the count

WeekPaid churnof which involuntary
Jun 29260
Jul 6–20~20/wk0–2
Jul 27298
Aug 34614
Aug 105518

Churn rate ≈ 2.1%/wk → 4.6%/wk (55 on ~1,205 subs), ~6.6%/wk including past-due exits. Real worsening, not just a bigger base.

2 · Who churns — one narrow cohort

Stripping out trial-window cancels (≤14 days), the real paid-churn cohort is 295 cancels over the last 45 days (~46/wk) — and it's remarkably uniform. It is essentially the same customer over and over:

DimensionThe cohortShare
Billing cadenceMonthly (annual almost never churns)99%
BaseNative Nova — not Classic/Verifone migrants98%
Plan tierGrow ($99) — only 5 of ~205 priced were higher~98%
Age at churnDay 15–45 (first monthly bill ~day 37)58%
Age at churnDay 46–90 (2nd–3rd bill) → ~88% gone by 90d30%
Reasonmanual (voluntary)53%
Reasonpayment_failure (involuntary)43%
GeographyPaid in a non-USD currency (higher card-decline)30%
Exit surveySkipped; among answers, "Not using it enough" leads~85% skip

The takeaway: churn is not spread across the base — it's concentrated in new, monthly Grow customers who hit their first real charge before the product has proven its value, and nearly half exit via a failed payment. That narrowness is good news: two targeted fixes address almost all of it.

3 · The renewal walls

Age-at-churn is bimodal — two spikes at the monthly bills:

Age at churnCancels (45d)
15–45d (first monthly bill, ~day 37)170
46–90d (2nd–3rd bill)89
90d+36

~⅔ of paid churn happens at the first two renewals — a value-realization problem at the bill.

4 · Why the voluntary half leaves — usage & onboarding

Comparing the churned paid cohort with retained payers on activation (both corrected for billing-unpublish, which nulls publishedAt when a paid plan lapses):

SignalChurnedRetained
Completed onboarding98%99%
Completed builder tour86%94%
Ever published a page69%86%
Avg pages created3.09.6
Avg pages published2.06.6
Connected a custom domain19%47%
Set up a lead-capture form56%69%
Never built anything10%6%

Onboarding completion is a vanity metric. 98–99% of both cohorts finish onboarding and the tours — it does not predict retention. The real fork is depth and commitment: retained payers build ~3× more pages and are 2.5× more likely to connect their own domain (47% vs 19%) — the "I'm running my real business on this" signal. Churned payers mostly did try it (69% published, only 10% never built a page) but stayed shallow and hit the day-37 bill unconvinced.

They go dormant in week 1 — long before the bill. Anchoring last-edit activity to signup day (not cancel day) shows the drop-off is immediate: the median churned payer's last edit was day 1. They set something up in the first session and never came back.

Last time they touched the productUsersShare
Never built anything2910%
Week 1 (days 0–7)16857%
Week 2 (8–14)227%
Week 3 (15–21)207%
Week 4 (22–30)134%
After day 30 (past the bill)4315%

Two-thirds either never built or last touched in week 1, and 74% of everyone who built anything had gone dark ≥2 weeks before the day-30 bill; only ~15% were still active past the first charge. So this is not "used it, hit renewal, decided it wasn't worth it" — it's a failure to form a habit in week 1, with the bill simply formalizing a decision made ~30 days earlier. The intervention window is unambiguous: week 1 is the whole game, and a "paid, no page edit in 7–10 days" flag catches the drop-off while it's still recoverable. (Edit activity, not logins — a set-and-forget customer looks the same here, but averaging ~3 pages / 19% domain and citing "not using it enough" limits that slice.)

5 · Involuntary churn = dunning, not the migration

Failed-payment churn is native Nova, not Verifone→Paddle migrants (only 7 of the 295 are migrants), and 100% Paddle (Nova bills entirely through Paddle). It concentrates in Grow ($99) and in the recent signup cohorts now hitting their first/second charge — which explains the sudden late-July onset. So it's the everyday Nova base failing at renewal, not a migration regression. Current past-due pipeline: ~403 subs ≈ ~$10k/mo, Grow-dominant.

6 · The root cause: recovery is broken

From the Paddle recurring-renewal export (2,956 renewals since Jun 15):

Renewal outcomeCountShare
Completed first try2,01068%
Recovered after retry1244%
Still stuck in past-due40314%
Canceled (gave up)41914%

~32% of renewals fail on first attempt, and only ~13% of failures recover — versus a healthy dunning benchmark of 30–70%. The involuntary churn is recoverable failures we're not recovering.

7 · The fix — two tracks

Track A · Involuntary / dunning Owner: Paddle/billing (Aziz) — the fast, ~$10k/mo win:

Track B · Voluntary / first-renewal Owner: Product / CS:

Caveats

Leadpages · Strategy · Internal · Compiled Aug 17, 2026 · Sacca / CEO