40 likes | 55 Views
<br>Customer churn is an essential metric for businesses as it provides insight into the health of the customer base. It is an essential indicator of customer loyalty and retention. If a business has high customer churn rates, it indicates that they are losing customers at a faster rate than they are acquiring new ones, which can be detrimental to the business's growth and profitability.
E N D
Customerchurnreferstotherateatwhichcustomers leaveordiscontinueusingaproductorservice.Itisa crucial metric for businesses as it helps them understandthepercentageofcustomersthatarelost overagivenperiod.Ahighchurnrateindicatesthata businessislosingmorecustomersthanitisacquiring, whichcanleadtoadeclineinrevenueandmarket shareovertime.
Way’storeducecustomerchurn Improvecustomerservice Buildcustomerloyaltyprograms Monitorcustomerfeedback Respondquicklytocustomercomplaints
ContactUs........ www.palsoftwares.com +1(631)403-0883