Churn Rate
Churn rate is a business metric that measures the percentage of customers, subscribers, or users who stop using a product, service, or relationship with an organization during a specific period. It is commonly used by subscription-based businesses, SaaS companies, telecommunications providers, financial services organizations, and other businesses that rely on recurring customers to evaluate retention performance and identify potential issues affecting customer loyalty. Businesses use churn rate analysis to understand customer behavior, identify reasons for customer loss, improve products and services,...