🚀 Medial just raised $500k in Pre-Series A. Tap to read the announcement. 🎉
Login

Back to feeds

Arin Agrawal

Stealth • 5m

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.

3 replies14 likes
1
Replies (3)

More like this

Recommendations from Medial

Image Description
Image Description

Inactive

Stealth • 6m

What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem. ➤ Revenue Growth: If you're not making money, you're just playing entrepreneur. ➤ Customer Acquisition Cost (CAC): How much cash are you burning to get someone to

See More
2 replies12 likes
9
Image Description
Image Description

Mohd Asrar Ahmed

Stealth • 4m

What makes customers trust your product/service?

2 replies8 likes
Image Description

Inactive

Stealth • 4m

Top 10 Metrics for Startups 👉 Customer Acquisition Cost (CAC): How much does it cost you to gain a customer? 👉 Lifetime Value (LTV): The total worth of a customer over their entire relationship with your business. 👉 Burn Rate: How quickly are y

See More
1 replies53 likes
52
Image Description

Mehul Fanawala

 • 

The Clueless Company • 6m

Most SaaS companies spend 90% of their resources trying to acquire new customers, but only 10% on retaining them. Surprising, right? 🚀 → Your most valuable sales reps are your current satisfied customers. → Retention boosts profitability by 25-95%

See More
1 replies14 likes
4
Image Description
Image Description

Inactive

Stealth • 4m

🚀 30 Pure Gold Startup Terms Every Entrepreneur Must Know Taste of Chocolate to know about chocolate, taste of Terms to know about startup :) → MVP: Minimum Viable Product → Burn Rate: Monthly cash spending rate → Runway: Months until cash runs

See More
2 replies21 likes
18
Image Description
Image Description

Kunal Insa

Stealth • 5d

Loss Management in Business 1. Risk Assessment: Identify and evaluate potential risks. 2. Cost Control: Manage expenses to reduce unnecessary costs. 3. Insurance Coverage: Protect against unforeseen events. 4. Quality Management: Ensure high prod

See More
4 replies5 likes
Image Description
Image Description

Gautam Ambani

Stealth • 8m

Aaj Ki Raat, Dhandhe Ki Baat Value Proposition (Part-3): In Previous parts, we understood the Value Proposition in details. Let's finish it of with PMF (Product Market Fit) PMF is the sweet spot where your product or service perfectly meets a probl

See More
4 replies13 likes
1
Image Description
Image Description

Vishnu kumaran

Stealth • 1m

Social proof is a powerful tool for building customer trust in your product or service. 👥 Imagine a potential customer visiting your website for a new SaaS product or service. They’re interested but not entirely convinced it’s the right choice. 💡

See More
5 replies5 likes
2
Image Description
Image Description

swaalixx

Stealth • 4m

Product based or service based which one is more growth potential?

2 replies4 likes
Image Description
Image Description

vishakha Jangir

 • 

Set2Score • 4m

MVP (Minimum Viable Product): You should be aware of this term if you are an entrepreneur. Initially, an entrepreneur should focus on developing an MVP (Minimum Viable Product) instead of directly scaling up the company or launching different produ

See More
2 replies3 likes
1

Download the medial app to read full posts, comements and news.