Retention Rate | Definition and Overview
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Why is the retention rate so important? It is used to determine the percentage of customers who continue paying for a product over time.
Retention Rate | Glossary | ProductPlan Skip to Main Content Industries Resources Company Pricing SIGN IN Book a Demo Book a Demo Glossary Retention Rate Why is the retention rate so important? It is used to determine the percentage of customers who continue paying for a product over time. What Does Retention Rate Mean? In marketing and product management, retention rate refers to the percentage of customers who continue paying for a product over a given timeframe. This is a critical success metric for subscription-based businesses, such as SaaS software providers, and companies whose customer
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