Glossary
Churn analysis
Churn analysis
Churn analysis involves studying the rate at which customers cancel their subscriptions.
Churn analysis involves studying the rate at which customers cancel their subscriptions. Understanding why customers leave is essential for implementing strategies to reduce churn and retain valuable customers. This process often involves analyzing customer feedback, usage patterns, and other relevant data.
Example: A streaming service might analyze churn rates to identify patterns among users who cancel their subscriptions, such as common reasons for cancellation or specific demographics that are more likely to churn.
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