Customer retention
DefinitionGrowth
Customer retention
Keeping the customers you have - measured as the share still active or still paying after a period. The mirror of churn and the quiet engine of compounding: small retention gains outperform equivalent acquisition gains because they repeat every period.
Evidence from the library
21% vs 10.9%Challenger brands convert loyalty into profit more reliably than penetrationStat50% / 33%Existing-customer campaigns beat new-customer campaigns on short-term activation far more often, which is exactly why activation metrics keep pointing marketers toward the growth-limiting strategy.Warning50%Affinity nearly doubles repeat purchaseStat1.8% / 1.37% / 1.15%Campaigns that target both new and existing customers grow market share faster per year than campaigns targeting only one group.Stat77% revenue vs 9% profitRevenue is the easy result, profit is the rare oneStat
Source
Marketing Definitions
standard subscription and CRM practice
More from this source
DefinitionCustomer acquisition cost (CAC)DefinitionCustomer lifetime value (LTV)DefinitionLTV:CAC ratioDefinitionROASDefinitionMER (marketing efficiency ratio)DefinitionConversion rateDefinitionClick-through rate (CTR)DefinitionCPMDefinitionHook rateDefinitionHold rateDefinitionChurn rateDefinitionCreative fatigue