Combining the razor-razor-blade model and the subscription model means that telecom providers make their money through lengthy s

Question

2 years ago

8

Combining the razor-razor-blade model and the subscription model means that telecom providers make their money through lengthy s

ervice plans, which in turn means that it is crucial that they keep their ______ rate, or the proportion of subscribers who leave, down.

Business

1 answer:

katrin [286] · Answer 1 · 2023-05-03T11:09:49+03:00

The combined models led to the crucial decision that the telecom provider should keep their <u>churn rate</u> or the proportion of subscribers will leave.

<h3>What is a churn rate?</h3>

This refers to the annual percentage rate at which customers stop subscribing to a service or employees leave a job.

Hence, the razor-razor-blade model and the subscription model led to the crucial decision that the telecom provider should keep their <u>churn rate</u> or the proportion of subscribers will leave.