Churn Benchmarks Explained

Monthly churn rates can reveal a lot about a business's health. Achieving a churn rate of 10% is commendable, while 5% indicates strong customer loyalty with a longer lifetime value. The key metric to watch is the 12-month retention, as it highlights how well a business retains its customers over time. Understanding the churn percentage relative to your target market is essential for tailoring your sales strategy effectively.