Information for "Gross Dollar Retention"

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Display titleGross Dollar Retention
Default sort keyGross Dollar Retention
Page length (in bytes)1,139
Page ID26
Page content languageen - English
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Page creator185.68.78.93 (talk)
Date of page creation20:11, 6 December 2022
Latest editor185.68.78.93 (talk)
Date of latest edit20:45, 6 December 2022
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Gross dollar retention is a metric that is used to measure the amount of revenue that a company is able to retain from its existing customers over a given period of time. This metric is calculated by taking the total revenue generated from a company's existing customers in a given period and dividing it by the total revenue generated from those customers in the previous period. The resulting figure is expressed as a percentage, and it provides a useful way for a company to gauge the effectiveness of its customer retention efforts. A high gross dollar retention rate typically indicates that a company is doing a good job of retaining its existing customers, while a low gross dollar retention rate may indicate that the company is struggling to retain its customers and may need to implement new strategies to improve its customer retention.
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