Attrition Rate for Customer Loss
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Watch the video above to Ensure Customers Loss Is Minimal
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Lesson Summary:
The loss of customers happens in every business, it's a natural occurrence. However, there needs to be a reason why a customer leaves you and you need to find this out, particularly if this is an A or B customer.
Review your lost customer base (your D customers) and then have a strategy to win them back, leaving potential C customers alone.
What you'll learn in this Lesson:
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Video Transcript
Formulated Worksheet
Homework Assignment
Every 6 months.
Below 10%. However, whatever percentage lost must be over-taken with new sales.
If you know the reason for losing them and you can justify why they can return, you owe it to your business to try.
If these were A or B customers, you already know their profitable value and how much this would mean to your profits.
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Fran Piggott
Instructor
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