🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

News

Pods

Back

Arin Agrawal

He who remains • 9m

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

Replies (3)

Hawk
•

Medial • 9m

True, customer retention is very important for a business

0 replies3 likes

Mayank Kumar

Strategy & Product @... • 9m

Good insights

0 replies2 likes

Ronak Patel

Here you go! • 9m

Informative👍

0 replies1 like

Recommendations from Medial

Atharva Deshmukh

Daily Learnings... • 2m

As mentioned, I will continue from yesterday's post and write about types of KPIs in detail a] Customer and user engagement KPIs: 1. Conversion rate: percentage of users who have signed up/ purchased the product. 2. Customer retention rate: propo

0 replies7 likes

Inactive

AprameyaAI • 9m

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

2 replies12 likes

Sanskar

Keen Learner & Explo... • 7d

Complicated Business Terms Simplified PART: 1 ROI (Return on Investment): How much profit or value an investment generates compared to its cost. TAM (Total Addressable Market): The total demand for a product/service globally, assuming no competiti

2 replies25 likes

Mohd Asrar Ahmed

Chief Everything Off... • 7m

What makes customers trust your product/service?

2 replies8 likes

Inactive

AprameyaAI • 8m

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

1 replies54 likes

Mehul Fanawala
•

The Clueless Company • 9m

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%

1 replies15 likes

PRATHAM
•

Medial • 2m

Churn Rate Explained Suppose you open a gym called "The Rajat Dalal GYM " in January. First month, 100 log aaye, sab full josh me "New Year, New Me!" But February hits. 40 people disappear. Some realized Netflix & Chill > workout, some got busy, an

33 replies18 likes

Inactive

AprameyaAI • 8m

🚀 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

2 replies22 likes

Thakur Ambuj Singh

🚀 Entrepreneur | Re... • 3d

Customer Service Moat: Exceptional support that builds loyalty. Companies like Zappos, Amazon and Apple retain customers by providing outstanding service experiences

0 replies4 likes

Kunal Insa

Let's build somethin... • 3m

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