Keeping a customer as an active customer. The retention rate is the percentage of your customers who continue to do business with you in a given time period, usually 12 months, but can vary with industry.

🎲 Try a Random Question  |  Total Questions in Quiz: 1203  |  🧠 Study this quiz with Flashcards
This question is part of a full practice quiz:
Modern Marketing Glossary — practice the complete quiz, review flashcards, or try a random question.

1000+ essential modern marketing concepts - combination of traditional offline marketing (branding, pricing, the 4Ps, etc)  and digital marketing concepts (web, social media, search, etc)

Related Topic: Digital Marketing


1. Keeping a customer as an active customer. The retention rate is the percentage of your customers who continue to do business with you in a given time period, usually 12 months, but can vary with industry.