Discover Bucket’s feature management, product, and technical terms and get their definitions in our glossary.
The retention rate shows the percentage of companies from the Adopted step that keep using a feature over a period of time, moving them into the Retained step. A high retention rate is a positive initial indicator of customer satisfaction with a feature.
The retention rate is calculated as follows:# of companies in the Retained step during the period / # of companies in the Segment during the period x 100
Consistently high feature retention rates often translate into a high customer retention rate (the percentage of existing customers who continue paying for your product over a defined period).
Related to: Features and STARS Framework
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