Churn Rate
The percentage of customers who stop using a product or service during a specific time period.
The percentage of customers who stop using a product or service during a specific time period.
The use of data and insights to understand and manage relationships with customers and prospects.
A marketing strategy that leverages satisfied customers to promote products through word-of-mouth and personal endorsements.
A sales technique used to uncover a prospect's pain points through a series of targeted questions.
Numeronym for the word "Internationalization" (I + 18 letters + N), enabling localization for different languages, regions, and cultures without requiring extensive rework.
The process of exceeding customer expectations to create a positive emotional reaction.
A product development approach where teams start with the desired customer experience and work backwards to determine what needs to be built to achieve that outcome.
Often referred to as "marketing funnel", a model that represents the user journey from awareness to purchase used to analyze and optimize conversion of prospects to customers.
The process of tracking and managing potential customers from initial contact through to sale.