What Is A Good Churn Rate?

What Is A Good Churn Rate?
Share

1 Answer

  1. Well Aakash, as you may know that churn is not a good thing for any business, its like an unwanted plant that you can’t do away with. So its good to know what is an ideal or good churn rate. If you have a big business or you own a big company I don’t think its bad to lose some customers until you are gaining new. Researches have shown that typically big companies do have a standard churn rate more often than not and it is five percent.
    But if its not a big company then I don’t think that this has yo be your standard too, its always good to keep it lower. You can ideally take a margin of 3% to 5%, as we know it can’t be totally negligible.

    • 0