Cookie

Commerce Glossary

A comprehensive resource to help you master the language of commerce.
What commerce term are you interested in?
Search Results for ""...

What is Churn Prevention?

churn pre - ven - tion
noun
Is a business strategy for keeping customers and averting their departure. A dynamic churn prevention plan can guide a business through the process of fighting against a potential churn before it occurs and help keep customers happy. This strategy consists in analyzing the reasons behind churn and creating a combat plan that will minimize the churn rate. Reasons for churn are split into two main categories: voluntary and involuntary, which can be combated with specific capabilities including, for example, revenue recovery tools.

Simplify the eCommerce process. Try 2Checkout.
The most flexible digital commerce platform that can give your business a real boost.