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Employee retention has really become a problem, and companies spend hundreds of thousands of dollars when it comes to turnover. With the stock market at record highs …It’s time to sell everything and sell it now! We have so far nailed all other aspects of our business and churn remains the only battle we have yet to win.
However it comes with it’s own set of challenges, like retention and churn. Take the revenue you earn from a customer, subtract the money spent on acquiring and serving them, and see how long they generate profit before churning. LTV = ARPA * % Gross Margin / % MRR ChurnRate. Customer Acquisition Cost (CAC).
Employee retention has really become a problem, and companies spend hundreds of thousands of dollars when it comes to turnover. With the stock market at record highs …It’s time to sell everything and sell it now! We have so far nailed all other aspects of our business and churn remains the only battle we have yet to win.
Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. Press is something you should do once you know your activation / retention metrics are good. How can I lower my apps churnrate? It all depends on where you’re at.
But stuff like retention is super important. So how sticky are your customers, and can you break that down to customer retention? You can break that down into the inverse of that churn. The churnrate increased, and then the stock plummeted by 70 percent. At least that was the thinking.
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