Back
PRATHAM
Ā ā¢Ā
MedialĀ ā¢Ā 10m
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, and a few just came to click selfies in the mirror and left. Now youāre left with 60 loyal warriors. That 40% bhaag gaya gang? Thatās your Churn Rate the percentage of customers who ghost your business over time. A high churn rate is like a toxic relationship you keep finding new people, but no one stays. That's why companies like Netflix and Zomato constantly throw discounts, free trials, and emotional blackmail notifications ("Come back, we miss you!") because retention > acquisition. Zomato Notifications are best examples of how to reduce Churn Rate. Keep your customers happy and satisfied to retain them. Remember: The Customer Is The King š
Replies (33)
More like this
Recommendations from Medial
Arin Agrawal
He who remainsĀ ā¢Ā 1y
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 direc
See More
Siddharth K Nair
Thatmoonemojiguy šĀ ā¢Ā 5m
š” Ever heard of āChurn Rateā in startups? Itās the silent killer. Iāve seen so many early-stage teams obsess over growthā¦ š more users š more downloads š more signups But hereās the truth: If your users keep leaving, none of that matters. š C
See More
Manu
Building altragnanĀ ā¢Ā 6m
This infographic shows key startup metrics. MRR is monthly recurring revenue, while ARR is annual recurring revenue. ARPA shows average revenue per customer. Gross Profit is revenue minus costs. TCV and ACV measure contract values. LTV predicts total
See More
Jaswanth Jegan
Founder-Hexpertify.c...Ā ā¢Ā 1y
"Netflix lost almost a Million Subscribers" Bankruptcy to Billions #7 Netflix turnaround from significant crisis In 2011 Netflix announced a change in its pricing and subscription plans. Initially customers could subscribe both DVD rentals and str
See More
Mehul Fanawala
Ā ā¢Ā
The Clueless CompanyĀ ā¢Ā 1y
Most SaaS companies spend 90% of their resources trying to acquire new customers, but only 10% on retaining them. Surprising, right? š ā Your most valuable sales reps are your current satisfied customers. ā Retention boosts profitability by 25-95%
See More
Atharva Deshmukh
Daily Learnings...Ā ā¢Ā 10m
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
See More
Aditya
I am > I was .Ā ā¢Ā 2m
Day 13 of my 30-day Business & Entrepreneurship series . Building and testing your product is one thing ā but knowing if your business is healthy is another. Thatās where metrics like CAC, LTV, Churn, and Retention come in. š Hereās the breakdown
See More
Inactive
AprameyaAIĀ ā¢Ā 1y
What is Key Performance Indicators (KPIs) for startups ?: where metrics meet mayhem. ā¤ Revenue Growth: If you're not making money, you're just playing entrepreneur. ā¤ Customer Acquisition Cost (CAC): How much cash are you burning to get someone to
See More
Download the medial app to read full posts, comements and news.