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What is Retention Rate?

Customer Retention Rate

DEFINITION

Retention Rate is the percentage of customers who remain customers over a given period. Opposite of churn.

FORMULA
Retention Rate = 100% − Churn Rate
BENCHMARKS

Ecommerce 30-day repeat: 15-30% · SaaS annual: 85-95% · DTC subscription: 60-80% month 2

Why Retention Rate matters

Retention compounds into LTV. A 2x improvement in month-2 retention often doubles LTV. For ecommerce, first-90-day repeat purchase rate is the most actionable metric.

Worked example

Plug a real number into the formula to see Retention Rate in action:

// Formula
Retention Rate = 100% − Churn Rate
// Example calculation
2,280 retained ÷ 2,400 starting = 95% retention

Numbers are illustrative. Try our Customer LTV Calculator for your real numbers.

Common mistakes with Retention Rate

  • 1

    Looking at single-channel ROAS in isolation instead of blended MER. Last-click attribution overweights bottom-funnel channels and starves top-of-funnel.

  • 2

    Setting a uniform target across products with different margins. A 2× ROAS is profitable on 80% margin and unprofitable on 20%.

  • 3

    Optimizing CAC without measuring LTV. Cheap customers with bad retention destroy unit economics.

How to improve Retention Rate

  • Run incrementality tests every quarter to validate which channels actually drive new revenue vs steal credit.

  • Build a unit economics dashboard separating CAC, LTV, contribution margin, and payback by channel and cohort.

  • Establish a contribution margin floor for each channel — pause spend when margin drops below threshold for 14 days.

Common questions about Retention Rate

What is Retention Rate?
Retention Rate is the percentage of customers who remain customers over a given period. Opposite of churn.
How is Retention Rate calculated?
Retention Rate = 100% − Churn Rate
What is a good Retention Rate benchmark?
Ecommerce 30-day repeat: 15-30% · SaaS annual: 85-95% · DTC subscription: 60-80% month 2
Why does Retention Rate matter for marketing teams?
Retention compounds into LTV. A 2x improvement in month-2 retention often doubles LTV. For ecommerce, first-90-day repeat purchase rate is the most actionable metric.

Related terms

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