He who remainsย โขย 11m
How many of you know about (Churn Rate) Churn rate, or customer attrition, measures the percentage of customers who stop using your product or service over a period. It's crucial for businesses, especially those with subscription models, as it directly impacts revenue and growth. WHY IT MATTER : 1.Revenue Impact: Retaining customers is often cheaper than acquiring new ones. 2.Business Health: High churn may indicate issues with your product or service 3.Customer Insight: Understanding why customers leave helps improve offerings.
Passionate about Pos...ย โขย 1m
7 Essential Metrics Every Startup Should Track 1. Customer Acquisition Cost (CAC) https://www.investopedia.com/terms/c/customer-acquisition-cost.asp 2. Lifetime Value (LTV) https://www.investopedia.com/terms/c/customer-lifetime-value-clv.asp 3. Bu
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