Forbes -
12 Jun 2015 16:49
Customer churn is one of the most important metrics a startup can measure and reduce over time. Churn is basically the percentage of customers that stop shopping with you in a given period, typically calculated for businesses with recurring monthly revenue streams. The higher your churn, the poorer job you are doing at retaining your customers. And, worse yet, instead of getting lower-cost marketing efficiencies from retention marketing to current customers, you are back fishing again...
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