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Evaluating Customer Retention in Recurring Revenue Businesses: With Craig Zingerline

In The Trenches

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The Intricacies of Net Dollar Retention and Customer Acquisition Strategies

This chapter explores net dollar retention as a crucial metric for recurring revenue businesses, focusing on the importance of upselling and cross-selling to existing customers. It also compares the strategies of mature companies prioritizing customer retention with early-stage firms emphasizing customer acquisition, highlighting the long-term effects on business sustainability.

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