Discounts can be a powerful tool when it comes to reducing customer churn.
By incentivizing customers with personalized discounts tailored to their needs, businesses can create an environment of loyalty that helps retain existing customers and grow the user base over time.
Such approaches allow you to reward loyal users while also offering flexibility in pricing for those who may not have otherwise joined your service or product.
With well-crafted discount policies, companies can increase customer retention rates and reduce overall churn levels.
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