Remove Business Model Remove Churn Rate Remove Retention
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Conversion, retention and churn benchmarks

VC Cafe

Understanding the benchmarks on conversion, retention, and churn for your business is therefore critical. Retention : The percentage of customers who continue to use a product or service after a certain period of time, typically measured over weeks, months, or years. The benchmarks are based on the US market.

Retention 109
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Startup Benchmarks

VC Cafe

Is my churn rate below the category average? Benchmarks are typically specific to stage/business model/geo. The main B2C benchmarks have to do with traction: growth in user acquisition, user retention/churn, monetisation, as well as the effectiveness of consumer marketing + virality.

B2C 141
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Acquire New Users by Adding Growth Hacking to your Marketing Strategy

ConversionXL

In the activation phase, measure these performance metrics: Conversion rate Number of customers using a product feature Drop-off rate Dwell time. Two-thirds of an organization’s business comes from existing customers, so pay attention to them. Address churn by engaging users. What do they want more of? Gamification.

Retention 113
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Build Success from a Struggling Agency with a Multimillion-Dollar Pivot

Duct Tape Marketing

19:00] What’s the average retention on an agency? [20:28] Naturally we were like, well, yeah, we can show you what we did, not even thinking that it was a business potential. If anything, it was like a retention strategy. You have to learn how to run the business too. The other one is their churn rates are too high.

Mexico 91
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Product Design for SaaS Startups: Best Practices and Examples

ReadWriteStart

A SaaS UX design that is intuitive, efficient, and enjoyable can significantly impact user satisfaction, retention, and overall success. MRR is a crucial metric for measuring the growth of a SaaS business. Customer churn rate: Customer churn rate is the percentage of customers who cancel their monthly SaaS subscriptions.

Design 105
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Digital Analytics Simplified: The Beginner’s Guide

ConversionXL

In thinking about the bigger goal of digital transformation, 46% say they have been able to identify and create new product and revenue streams, and 45% of organizations are now using data and analytics to develop new business models. The more you know about your customers and market, the more effectively you can run your business.

Analytics 106
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How to Conduct a SaaS Funnel Audit

ConversionXL

A flowing sales funnel is crucial in any business, but even more so with SaaS businesses… Unlike other business models, revenue is generated over an extended period of time. MRR is probably the most critical metric for any subscription business. It’s what makes the subscription model awesome.