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Do you all know that it’s more costly to acquire new prospects than to retain existing ones! That’s why extending your CLV is essential to a healthy business model & overall business strategy… Don’t believe us? Here is an Ebook on 7 vital metrics every startup founder should know – you need to read if you want to increase profitability, retention and overall ecommerce success.Download
Learn the importance of calculating Daily Active Users (DAU) for maximizing user retention. Discover effective methods and strategies to measure and boost DAU, enhancing engagement and the long-term success of your product or service.
Discover powerful growth hacking techniques to enhance customer retention. Learn strategies and tactics to keep your customers engaged, loyal, and coming back for more. Unlock the key to sustainable business growth through improved customer retention.
Discover the key to business success with a comprehensive exploration of the Net Promoter Score (NPS). Learn how NPS can help gauge customer satisfaction, loyalty, and drive growth. Unlock valuable insights and strategies for improving your company’s performance in this deep dive into NPS.
Online businesses are aware that there are several e-commerce indicators that they must be aware of to expand their businesses. However, one statistic and expenditure stands out above all others. That is the average customer acquisition cost!
Learn the essential formula to calculate Customer Acquisition Cost (CAC) and gain a deeper understanding of this crucial metric for your business. Master CAC calculations and make informed marketing and financial decisions.
Get expert insights and valuable tips on measuring Monthly Recurring Revenue (MRR) effectively. Learn the key metrics, best practices, and industry advice to ensure accurate and actionable MRR tracking for your business.
Answers to Frequently Asked Questions
Customer retention is a parameter that evaluates customer loyalty, or an organization’s capacity to retain customers over time. Simply put, the process of encouraging existing consumers to keep making purchases from your company is known in marketing as customer retention. The retention rate calculator will help you analyze your customer retention.
This retention rate calculator is quick and easy. All you need is the number of customers at end of the period, and the number of customers acquired during the period that will give you the number of customers at the start of the period.
Retention strategies may vary from business to business depending on the audience. But there are multiple popular retention strategies.