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Kavya T
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Kavya TKnowledge Contributor
Asked: May 17, 20242024-05-17T23:04:25+05:30 2024-05-17T23:04:25+05:30In: Business

What is your customer retention rate?

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What is your customer retention rate?
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  1. Kavya T
    Kavya T Knowledge Contributor
    2024-05-17T23:04:45+05:30Added an answer on May 17, 2024 at 11:04 pm

    The customer retention rate tells you what percentage of customers you are keeping versus what percentage you are losing. It is key to watch this number like a hawk if you have any ambitions of sustainably growing your company. Customers are the main focus for most organisations.

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