Churn Rate

Churn Rate

Assessment

Interactive Video

Business

University

Hard

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The video discusses the importance of online marketing and the ultimate goal of making sales. It introduces the concept of churn rate, which measures the effectiveness of online sales by comparing completed transactions to those initiated. A high churn rate is desirable, indicating successful transactions. Factors like pricing issues and website performance can negatively impact churn rate. The video emphasizes the need to address these issues to improve sales effectiveness.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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