What does churn rate mean?
Definitions for churn rate
churn rate
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Wikipedia
Churn rate
Churn rate (sometimes called attrition rate), in its broadest sense, is a measure of the number of individuals or items moving out of a collective group over a specific period. It is one of two primary factors that determine the steady-state level of customers a business will support.Derived from the butter churn, the term is used in many contexts but most widely applied in business with respect to a contractual customer base. Examples include a subscriber-based service model as used by mobile telephone networks and pay TV operators. The term is often synonymous with turnover, for example participant turnover in peer-to-peer networks. Churn rate is an input into customer lifetime value modeling, and can be part of a simulator used to measure return on marketing investment using marketing mix modeling.
Numerology
Chaldean Numerology
The numerical value of churn rate in Chaldean Numerology is: 6
Pythagorean Numerology
The numerical value of churn rate in Pythagorean Numerology is: 9
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"churn rate." Definitions.net. STANDS4 LLC, 2024. Web. 4 May 2024. <https://www.definitions.net/definition/churn+rate>.
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