asiakasmenetyksiin
Asiakasmenetyksiin, a Finnish term, translates to customer churn or customer attrition. It refers to the phenomenon where a customer ceases to do business with a company. This can occur for a variety of reasons, including dissatisfaction with products or services, better offers from competitors, changes in customer needs, or economic factors. Understanding and minimizing customer churn is a critical objective for businesses aiming for long-term growth and profitability.
Companies actively monitor customer churn rates as a key performance indicator. High churn rates can signal
The financial impact of customer churn can be substantial. Acquiring new customers is typically more expensive