Customer Retention Cost (CRC)

What is Customer Retention Cost (CRC)?

Customer Retention Cost (CRC) is the average expense a company incurs to retain an existing customer over a given period. It includes all costs spent on loyalty programs, customer success, account management, support, training, communication, and retention marketing campaigns.

How to calculate Customer Retention Cost (CRC)?

CRC is calculated by dividing the total retention-related costs by the number of active customers retained during a given time period.

Steps to calculate Customer Retention Cost (CRC)

  • Step 1 –
  • Decide the timeframe (monthly, quarterly, annually)

  • Step 2 –
  • Identify retention-related costs

  • Step 3 –
  • Calculate total retention spend by adding up all costs

  • Step 4 –
  • Count the number of customers who stayed during the period

  • Step 5 –
  • Divide total retention spend by the number of retained customers

Formula to calculate Customer Retention Cost (CRC)

CRC = Total Retention Costs ÷ Number of Customers Retained

Benchmark for Customer Retention Cost (CRC)

There is no fixed benchmark for Customer Retention Cost; aim to lower it over time.

Related Metrics for Customer Retention Cost (CRC)

  • Customer Acquisition Cost (CAC)
  • Customer Lifetime Value (CLV)
  • Retention Rate
  • Churn Rate

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FAQ's

CAC measures the cost to acquire new customers, while CRC measures the cost to retain existing customers.

Not necessarily. A reasonable CRC that leads to higher CLV and lower churn is more valuable than cutting retention costs.

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