B
Evidence Grade B
Graded
under review
Safe to Cite
Dated
5%
5% -- profit increase from retention for customer retention (cross-industry) (2017)
Attribution:
View source
Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
5%
Unit
Percentage
Data Vintage
2017
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
35
Freshness
95
Source
Harvard Business School
Primary
Tier C
https://www.subscriptiondna.com/blog/what-are-the-benefits-of-the-subscription-business-model-subscr… ↗
Source Article
Subscription Box Software: Billing Software for Subscription Clubs | DNA
If you’re an entrepreneur, business owner, or even a creative freelancer you’ve got two basic options when it comes to bringing in revenue from your customers and clients: charge by the service or product or work out a subscription billing model. The former might sound simpler and easier to sell, bu…
Original Research
Harvard Business School
· Original study ↗
Methodology
Harvard Business School estimate cited by blog; midpoint of 5%-25% range reported
Methodology documented
Segmentation
Industrycustomer_retention
RoleAll marketers
Channelcontent
Cite this stat
Plain Text
customer retention (cross-industry): 5% profit increase from retention. Source: Harvard Business School (2017). Via Lighthouse Intelligence -- https://lighthousedata.io/data/retention-increase-profit-hbs
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<blockquote cite="https://lighthousedata.io/data/retention-increase-profit-hbs" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>5%</strong> -- profit increase from retention for customer retention (cross-industry)<br><small>Source: Harvard Business School (2017) · <a href="https://lighthousedata.io/data/retention-increase-profit-hbs" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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