What is the degree of wear?
Wear rate is a reflection of the maintenance of customers in a company that offers products or services in a subscription or account system. If the wear level is high, it means that many people move to and out of business, while the lower wear level indicates that there is a minor movement. Wear rates, also known as the excess rate, should be dealt with in connection with the level of growth and storage and wear levels to determine their consequences for the discussed business. These industries are highly competitive and have a high degree of wear in many areas because many customers leave to take advantage of competitors' offers, while others move when they respond to offers that are designed to load them from competing companies. The final result may be a high level of movement.
People often use this term specifically to discuss people who leave or interrupt their service. Looking at information on the degree of wear is important to find out thatAnd the term is used in this sense or in a more general sense frequency of customer movement. If the number reflects the percentage of customers who give up the product or service in a specified period of time and it is high, it suggests that the company has difficulty maintaining customers and that it can have bad services, bad products or unusually high rates that will avert customers. If this includes new customers and leaving customers, it would be read very differently.
Wear rate can be used to focus on overall changes in the size of the customer base. Most companies want to strive for growth, but it is possible to see a decrease with a high level of wear and low registration. In addition, it should also be providoud with the controls of the department that cultivation receiving in the company. Depending on the factors behind them, the wear levels can be perceived very differently. For example, a company with a 10% wear rate that retains customers on average 30 years is very different from the same rate that maintainsOnly customers for six months.
In industrial industries with a high outflow history, companies can use advertising campaigns that are designed to support customers. Others go in the opposite way and quote their mobility and ease of transition in and out of their services to address customers who want more flexible possibilities.