Meaning of the word "customer retention" in English
What does "customer retention" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
customer retention
US /ˈkʌstəmər rɪˈtɛnʃən/
UK /ˈkʌstəmər rɪˈtɛnʃən/
Noun
1.
the ability of a company or product to retain its customers over some specified period
Example:
•
Improving customer retention is key to long-term business growth.
•
Our new loyalty program aims to boost customer retention.
Learn This Word at Lingoland