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Eric Siu discusses churn rates across communities. Bad communities lose 20-30% of members monthly, good ones under 10%, and the best stay below 5%. His own community sits around 6% monthly churn.
Eric Siu discusses churn rates across communities. Bad communities lose 20-30% of members monthly, good ones under 10%, and the best stay below 5%. His own community sits around 6% monthly churn.
What do you think the churn rate is for communities on average monthly?
I would say the churn rate is 20 to 30%.
Yeah, 20 to 30% is a bad community, right? Yes. Now, what do you think would be like higher tier communities, like good and then best of the best?
I would say good is under 10% and best of the best, you're probably looking at under 5%.
So what do you think our community group churn is? Yeah, so monthly, how many people are we losing percentage-wise?
I don't know how many people are in the group. So let's go with percentage. I would say percentage 15 15%. Okay, 6%.
All right, not too bad.
