What is Customers Retention Rate?
It’s the percentage of paying customers who stayed during a period. The opposite of Customers Churn Rate. If you started the month with 100 paying customers and 95 are still paying at the end, your retention rate is 95%.How to Calculate It
Customers Retention Rate = Retained customers / Starting customers × 100Example:
- Paying customers at start of month: 200
- Paying customers retained: 190