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Original price was: ₦40,000.Current price is: ₦20,000.

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What's included

2 hours+ of self-paced content
28 Lessons
Quizzes
Downloadable Resource
Certificate of Completion

Customer Retention and Churn

Are customers slipping through your fingers? Plug the leaks and fuel growth with this actionable course on customer retention and churn.

About course

Welcome to our Customer Retention and Churn course, a comprehensive exploration of strategies to keep your customers engaged and minimize churn. In this course, participants will gain insights into the fundamental concepts of Customer Retention and Churn, understanding their significance in the business landscape. Delving into the ‘why’ and ‘how’ of customer retention, this program emphasizes the importance of keeping existing customers satisfied and the numerous benefits it brings. Participants will also navigate the delicate balance between Retention and Acquisition, learning how to strategically position their efforts throughout the business lifecycle. The course meticulously covers key Customer Retention Metrics, providing a toolkit for effective analysis. From Customer Retention Rate to Expansion Revenue Growth Rate, Renewal or Return Rate, Average Order Value (AOV), Customer Acquisition Cost (CAC), Customer Lifetime Value (CLV), and Customer Stickiness, participants will gain practical insights into measuring and enhancing customer loyalty. Led by seasoned product marketers, this course is designed to be practical and actionable. Learn to predict and prevent customer churn using real-world strategies and industry best practices. Whether you’re a senior professional or just starting in product marketing, this course equips you with the skills and knowledge to excel in customer relationship management, ensuring long-term business success. Enroll today to unlock the secrets of effective customer retention and churn management.

What you'll learn

Welcome to our Customer Retention and Churn course, a comprehensive exploration of strategies to keep your customers engaged and minimize churn. In this course, participants will gain insights into the fundamental concepts of Customer Retention and Churn, understanding their significance in the business landscape. Delving into the ‘why’ and ‘how’ of customer retention, this program emphasizes the importance of keeping existing customers satisfied and the numerous benefits it brings. Participants will also navigate the delicate balance between Retention and Acquisition, learning how to strategically position their efforts throughout the business lifecycle. The course meticulously covers key Customer Retention Metrics, providing a toolkit for effective analysis. From Customer Retention Rate to Expansion Revenue Growth Rate, Renewal or Return Rate, Average Order Value (AOV), Customer Acquisition Cost (CAC), Customer Lifetime Value (CLV), and Customer Stickiness, participants will gain practical insights into measuring and enhancing customer loyalty. Led by seasoned product marketers, this course is designed to be practical and actionable. Learn to predict and prevent customer churn using real-world strategies and industry best practices. Whether you’re a senior professional or just starting in product marketing, this course equips you with the skills and knowledge to excel in customer relationship management, ensuring long-term business success. Enroll today to unlock the secrets of effective customer retention and churn management.

Course outline

Lesson 1: Getting Started
Lesson 2: What is Customer Retention
Lesson 3: What is Customer Churn
Lesson 4: Customer Retention and Churn
Lesson 5: Why is Customer Retention Important
Lesson 6: Benefits of Customer Retention
Lesson 7: Retention vs Acquisition
Lesson 8: The role of retention in a Business Lifecycle
Lesson 9: What is a Customer Retention Strategy
Lesson 10: Creating a Customer Retention Strategy
Lesson 11: Types of Customer Retention Strategies
Lesson 12: Types of Customer Retention Strategies (Cont’d)
Lesson 13: Customer Retention Metrics
Lesson 14: Customer Retention Rate
Lesson 15: Expansion Revenue Growth Rate
Lesson 16: Renewal or Return Rate
Lesson 17: Average Order Value (AOV)
Lesson 18: Customer Acquisition Cost (CAC)
Lesson 19: Customer Lifetime Value (CLV)
Lesson 20: Customer Stickiness
Lesson 21: More Metrics
Lesson 22: Predicting and Preventing Customer Churn
Lesson 23: Introduction to Customer Cohorts
Lesson 24: Calculating Retention Rate
Lesson 25: Single Cohort Retention
Lesson 26: Multi Cohort Retention
Lesson 27: Interpreting Multi Cohort Retention Charts
Lesson 28: Final Note

Meet your Facilitator(s)

Paul Dakum
Paul Dakum
Data Scientist
Paul Dakum is a data scientist with over 10 years of experience in data ETL, analytics, and visualization. He is very conversant in various data blending and visualization tools and techniques, and he is also interested in the real-world implementations of data processes in resource-limited environments.

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Original price was: ₦40,000.Current price is: ₦20,000.

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