Classic Retention vs. 24-Hour vs. Rolling Retention
Here is a breakdown of the three main types of retention: 1. Classic RetentionTracks how many users return on specific days after their first play.β’ Formula: (Users on Day X / Users on Day 0) * 100%β’ Example: Day 7 Retention = 30%, meaning 30 out of 100 users return exactly on the 7th day.β’ Use Case: Identifying when users drop off to improve retention strategies.2. 24-Hour RetentionFlexible for analyzing user interest after events or milestones within any 24 hours.β’ Formula: (Users in last 24 hours / Users in previous 24 hours) * 100%β’ Example: 24-Hour Retention = 40%, meaning 40 out of 100 users active within the last 24 hours return.β’ Use Case: Assessing engagement post-event or update.3. Rolling RetentionMeasures users who return on or after a specific day, reflecting long-term engagement.β’ Formula: (Users active on & after Day […]