Churn Rate Calculator
Find out how much revenue you are losing
Total customers
At the beginning of last monthCustomers lost
In the last monthCustomer LTV ($)
The average spend of a customerDid you know?
Businesses using Hippo have viewed
up to a 71% decrease in customer churn
over a period of 3 months.
Want to reduce your churn rate and increase customer retention?
FAQs
What is customer churn?
Customer churn is the number of customers a business loses over a period of time. It is also known as customer attrition and is measured in percentage.
Why is it important?
Studying customer churn helps you plug the holes in your customer base. It helps you retain your customers and get more from each customer. Customer retention is important as customer acquisition is 4 times more costly than customer retention and there is only a limited no. of customers that you can acquire.
Can I eliminate customer churn?
Customer churn can not be eliminated. Minimization is the key and lowering it below your competitors can give you a competitive edge and ultimately their customers will become yours. A churn rate of 2-8% is considered ideal.
Blogs on churn reduction
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Yelo
How to reduce churn rate and increase customer retention..By Vikrant Kaushal
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Tookan
Why is customer retention the ultimate growth strategy?By Vikrant Kaushal
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Jungleworks
Predictive Analytics to Reduce Churn: Subscription ModelBy Madhura Yale
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Food
What is Customer Engagement Automation?By Vikrant Kaushal
