Are You Tracking Your Renewal Rate?
Jul 21, 2023•3 min
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Episode description
In episode #8, I talk about renewal rates, when it’s applicable, and how it differs from revenue retention. If you invoice annually and/or sell multi-year contracts, you must track your renewal rate. It’s a nice compliment to revenue retention and bolsters that story.
- What is the renewal rate?
- How does it differ from retention?
- It’s a nice compliment to retention
- Track customer and dollar renewal rate
- Where do you get renewal data?
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