Full definition
Retention Rate = 100% − Churn Rate. If 95% of customers stick around after a month, retention is 95%. High retention means happy customers, which means healthy growth.
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TL;DR — In one line
The percentage of customers who stick with you
🔗 Related terms
More terms in Analytics & Metrics
Impressions
How many times your post appeared on someone's screen
Reach
The number of unique people who saw your post
Engagement Rate
The percentage of viewers who commented, liked, or shared
Conversion Rate
The percentage of visitors who complete a desired action
LTV (Lifetime Value)
How much an average customer is worth over the life of the relationship
CAC (Customer Acquisition Cost)
How much it costs to win a new customer
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