How do you recover revenue after churn and increase the lifetime value of your customers? This is one of the most important questions a subscription business can focus on. Churn – when customers stop doing business with a company – is often thought has having a singular definition. However, according to Edgar Chen, Senior Customer Success Manager for Recurly, there are two definitions for Churn: Voluntary Churn: The subscription churned because the customer canceled it themselves. For example, t...
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