article thumbnail

5 Ways to Effectively Track Your Churn Rate

SmartBug Media

A high churn rate limits total monthly recurring revenue (MRR)—which is just as much of a problem for marketing as it is for sales, operations, support, or any other department in the company. Here are five considerations to track your churn rate: 1. Basic Churn Rate. Churn Rate by Time Frame.

article thumbnail

Email Strategies to Reduce Your Customer Churn Rate

Mailmunch

Keeping churn rate in check. So the next best option is to keep your churn rate in control. Customer churn rate is a simple calculation of the number of customers lost against the total number of customers in a specific duration. You can reduce customer churn rates by involving them in the process.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An Essential Guide to B2B Marketing Metrics That Matter

Marketing Insider Group

The ARPA helps reveal trends in account contraction and expansion, assess pricing plans, and identify how ARPA is changing. Gross Monthly Recurring Revenue (MRR) Churn Rate. Gross MRR Churn Rate is the total revenue loss percentage due to downgrades or cancellations.

article thumbnail

Effective B2B eCommerce Marketing Tactics: From SEO to Social Media and Beyond

Webbiquity

Use Video Content on Your Site More visuals and less text is the latest trend in marketing, especially in B2B. Seek Out Potential Collaborations and Partnerships Partner marketing can increase the reach of your work in various ways, and it is among the least exploited yet most popular B2B eCommerce marketing trends.

eCommerce 294
article thumbnail

10 Ways Predictive Analytics Can Help You Achieve Your Marketing Goals

Marketing Insider Group

Incorporating key findings that give you a deeper understanding of consumer trends into your marketing strategies can push you ahead of competitors in your industry. The predictive analytics industry is growing at a rate of 23.2% year over year, meaning businesses are catching onto this trend fast.

article thumbnail

Improving customer journey orchestration with metrics and actions: Best of the MarTechBot

Martech

Customer Churn Rate: Churn rate measures the percentage of customers who stop using a product or service over a given period. Tracking churn rate with a CJO tool helps identify potential pain points or issues in the customer journey that may lead to customer attrition.

article thumbnail

10 Best Leading and Lagging Marketing Performance Indicators to Increase ROI

Webbiquity

Churn Rate. Customer churn is an unfortunate reality for every business. By tracking this metric, you’ll know when it’s time to evaluate your customer retention strategies so you can find ways to reduce your churn rate and improve your ROI. Customer Satisfaction. Conclusion.