3min chapter

The Bootstrapped Founder cover image

140: The Forever Transaction

The Bootstrapped Founder

CHAPTER

How to Maximize Customer Retention and Churn

The value of a customer is not determined by their basket size, but expressed as the sum of all their potential lifetime purchases. The longer a customer sticks around and keeps purchasing the product, the higher the altiv. Churn expresses how many customers leave a subscription business every month; retention measures the number of those who stay. Minimizing turn and maximizing retention are paramount to the success of a subscription business.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode