As discretionary consumer spending declines and churn rises, free streaming platforms are facing difficulties. Effective campaigns to improve customer retention and reduce the rate of churning can be launched in 2021. The free streaming service can be made a profit by offering merchandise like mouse pads or T-shirts. Customers can […]
Economic Factors and Streaming: Adapting to User Budget Constraints
In the face of rising consumer churn and declining discretionary expenditure streaming services face challenges. Effective campaigns to improve customer retention and reduce churn can be implemented in 2021. Free streaming can be monetized by offering merchandise like mouse pads or t-shirts. Customers comment on the items during the stream, […]