Subscription renewal rate
Retention
The share of subscriptions due to renew in a period that actually renew and get paid.
In March, 1,000 subscriptions were due to renew. 870 were charged successfully, 60 were cancelled and 70 failed payment and were not recovered. The renewal rate is 87%.
Every point of renewal rate compounds over many orders, so small gains early in a subscription add up to big gains in customer lifetime value.
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