Scenario Based Question Power BI || How to Calculate Monthly Retention Rate with DAX.

Scenario Based Question Power BI || How to Calculate Monthly Retention Rate with DAX.
Dataset: drive.google.c...
Boost Customer Loyalty: How to Calculate Monthly Retention Rate with DAX.
Description:
Welcome to our channel! In this video, we'll dive into the world of e-commerce analytics and show you step-by-step how to create a powerful DAX measure to calculate the monthly customer retention rate for your online store.
Customer retention is crucial for the success of any e-commerce business, and understanding how to measure it effectively can help you make informed decisions to boost customer loyalty and drive revenue growth.
In this tutorial, we'll walk you through the process of creating a DAX measure in Power BI or any other tool that supports DAX. You'll learn how to calculate the percentage of customers who continue to make purchases month after month, giving you valuable insights into your business's ability to retain customers over time.
Whether you're an e-commerce store owner, a data analyst, or someone interested in leveraging data to optimize business performance, this video is for you. Join us as we unlock the secrets of customer retention and empower you to make data-driven decisions that drive success in your e-commerce venture.
Don't forget to like, share, and subscribe for more tips and tutorials on e-commerce analytics and business intelligence. Let's take your e-commerce business to new heights together!
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[@ananyadas2118]

Thank You So Much, It helped a lot.

[@LearnBI-mt1wp]

Do check other content too.