Customer retention rate (CRR)

R295

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In 30 minutes you will work out customer retention rate from start, new and end customer counts. You will also read retention next to churn and total growth. And you will find the cause of churn before spending more on new customers.

SKU: PL-MCB-MKT-47
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Description

Who it’s for: Anyone who has to answer for a marketing number and wants to answer one question properly: How many of your customers actually stayed?

What happens in it: Watch the idea unfold: a gym that grew by 1,600 members, and how many of its original members actually stayed. In Your call you make the decisions in a real case: Our coffee subscription grew from 4,000 to 4,600 subscribers this year, and the team is celebrating. Our spend on winning new subscribers grew a lot too. We signed up 1,000 new subscribers during the year. Then, in the boardroom, you make the case to Silas, the chief executive, in three questions.

How it works: five scenes in about 30 minutes: the data film, the lesson, Your call, practice with fresh numbers that mark themselves, and the boardroom. Finish all five for your certificate. It is course 1 of 6 in the Customer retention and loyalty season of the Marketing series.

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