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
𝟱 𝗦𝘁𝗲𝗽𝘀 𝘁𝗼 𝗦𝗽𝗲𝗻𝗱 𝗟𝗲𝘀𝘀 𝗮𝗻𝗱 𝗦𝗲𝗹𝗹 𝗠𝗼𝗿𝗲 !
1️⃣Build a lean operating model – Automate tasks, negotiate expenses, and use flexible workspaces.
2️⃣Prioritize high-converting sales strategies – Focus on targeted marketing and l
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Mehul Fanawala
•
The Clueless Company • 11m
"Customer Retention" isn't just a strategy.
It's an attitude.
If you don't value your customers because they matter...
If you don't respond to their queries because you care...
If you don't genuinely want to see them satisfied...
Your business mode
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LavaKumar Kondipati
Hey I am on Medial • 7m
Most of the products are in India focused on first sales very less focused on service of the product. Even if they have service which is not adequate to the customer experience because of focus on first time buyers rather than existing customer. What
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Vaibhav Babruwan Shingde
Student • 1y
Ycombinator Day 4: 🚀 Mastering Product Building, User Talks & Growth Strategies!
Key Insights 🤩🤔🚀:
• Don't build secretly, get users from the start
• Learn the problem deeply, identify customer segments
• Define minimum viable product (MVP)
•
Bit of Comeback Post 🔥
Ist time founders focus on Product.
2nd time founders focus on Distribution.
3rd time founders should focus on Retention.
This is a learning from my last startup. If your business by nature can not have repeat users, it wil
After raising $2.3 Mn since its inception in 2020, women-only community startup leap.club is halting its operations due to high customer acquisition costs and retention challenges.
The startup announced the decision operations on Instagram and Link
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Anshuman Nag
Entrepreneur | Marke... • 26d
Stop focusing on marketing for profits... instead focus on OPERATIONS to create an unforgettable customer experience. your customers will become your marketing department & profit will just be the obvious byproduct!