churn rate
the percentage of customers who stop using a product over a period
In more detail
1. (noun) the percentage of customers or users who stop using a company's product or service during a specific period
2. (noun) the rate at which employees leave a company
Examples
- 1. The streaming service's high churn rate of 15% means many subscribers cancel their subscriptions each month.
- 2. The company is trying to reduce its employee churn rate by offering better salaries and benefits.
How to use churn rate
Churn rate is a key business metric used primarily in customer retention and human resources contexts. It measures the percentage of customers or employees lost over a given period and is typically expressed as a percentage. The term is most common in SaaS, subscription services, and tech industries, though it applies broadly to any business tracking customer or employee stability.
Common phrases
- high churn rate
- reduce churn rate
- churn rate increases
- track churn rate
- measure churn rate
- customer churn rate
Synonyms
attrition rate · customer attrition · employee turnover · defection rate · loss rate
Opposites
retention rate · customer loyalty
Word family
churn (verb) · churned (past) · churning (noun/adjective)
A common mistake
Learners often confuse churn rate with turnover rate; while related, turnover typically refers to employee departures specifically, whereas churn rate is more commonly applied to customers or broader organizational changes.
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