ChurnZero

MARCH 28, 2023

Early-stage SaaS businesses tend to put most of their focus on acquiring net new customers. For a little while, customer retention is a manageable task with existing staff. A best practice is to send a CSAT to a customer whenever a support ticket is closed. Event participation.

SaaS 52

SaaS Chief Customer Officer Surveys Feedback 52

Totango

JULY 31, 2020

Customer retention is critical to success in today’s customer-centric economy. Onboarding sets the stage for customer retention by beginning a positive long-term relationship between you and your customer. How SaaS Enterprises Can Streamline New User Onboarding.

SaaS 127

SaaS Healthcare Customer retention Enterprise 127

CustomerSuccessBox

JUNE 30, 2022

For a SaaS business, product adoption is one of the leading indicators of a successful and growing business. According to Harvard Business Review , it costs 5 to 25 times more to acquire a new customer than keep an existing one. Reflecting on the fact that customer retention is the backbone of SaaS.

SaaS 52

SaaS Benchmark Metrics Analytics 52

ProProfs Blog

SEPTEMBER 13, 2019

The importance of SaaS Customer Service is visible in these two data-proven statistics: AmericanExpress reports that 70% of consumers will go with the company that offers excellent customer support. As you can see, delivering the perfect saas customer support experiences is directly correlated with your churn and retention.

SaaS 83

SaaS Customer Service Customer Support Best practices 83

CSM Practice

FEBRUARY 24, 2020

Now more than ever, customer success leaders must use relevant and actionable customer success metrics to make guided decisions and strategies to deliver success. Together, we will examine metrics that quantify the overall financial health of a subscription-based business. Customer Health Metrics.

Metrics 52

Metrics Upselling SaaS Accountability 52

Totango

AUGUST 12, 2020

Your customer signed on in search of value, and the quicker you can deliver that value, the more likely you are to build lasting relationships with customers. 5 Tips to Maximize the Customer Onboarding Experience. Choose the Right Customer Success Platform. Get the Whole Enterprise Involved.

SaaS 87

SaaS Upselling Enterprise Best practices 87

Totango

MAY 19, 2020

The continuing COVID-19 health crisis may well produce a recession that has a significant impact on the Software-as-a-Service (SaaS) industry. No one is certain how this will change the long and short-term behaviors of customers, lenders, and enterprises in a SaaS world. Be Lean and Agile to Reduce Customer Churn in SaaS.

SaaS 77

SaaS Best practices Enterprise Finance 77

Pointillist

JUNE 15, 2018

Much of the marketing world is still focused on customer acquisition, but to improve customer retention will yield f ar better ROI and cost about 5-25X less than customer acquisition. What is Customer Retention? Why Customer Retention Matters. My Customer Retention ?

Customer retention 110

Customer retention Analytics Airlines Personalization 110

CSM Practice

FEBRUARY 24, 2020

Now more than ever, customer success leaders must use relevant and actionable customer success metrics to make guided decisions and strategies to deliver success. Together, we will examine metrics that quantify the overall financial health of a subscription-based business. Customer Health Metrics.

Metrics 52

Metrics SaaS Customer retention Upselling 52

CSM Practice

FEBRUARY 24, 2020

Now more than ever, customer success leaders must use relevant and actionable customer success metrics to make guided decisions and strategies to deliver success. Together, we will examine metrics that quantify the overall financial health of a subscription-based business. Customer Health Metrics.

Metrics 52

Metrics SaaS Customer retention Upselling 52

Totango

JULY 21, 2020

One of the most important ways to reduce churn and stay relevant to your customers is to make sure your team is as flexible and agile as possible. The current COVID-19 pandemic has not been kind to many industries, and SaaS is no exception. In March of this year, SaaS stocks reached a 20 percent decline from their selling highs.

SaaS 64

SaaS Calibration Enterprise Customer retention 64

ChurnZero

AUGUST 28, 2020

SaaS onboarding makes or breaks your customer retention. Onboarding has a long-lasting impact with deep ties to a customer’s likelihood to churn. Exactly how do you get customers to embrace your product instead of merely moving (erm, politely pushing) them through the motions and hoping for adoption?

SaaS 59

SaaS Journey mapping Metrics Sales 59

ChurnZero

JULY 9, 2020

These SaaS companies offer comprehensive training programs, resources, and events to their customers and even the larger professional community. So, if your retention is on the rocks, and you’re wondering what else you can possibly do to save it, make sure you’re marketing to your customers.

SaaS 64

SaaS Marketing Upselling Chief Customer Officer 64

ChurnZero

OCTOBER 5, 2021

SaaStr Annual is always a time to look forward to as it’s a chance to join our peers in SaaS, to learn from the best in the business, to avoid big mistakes, to strengthen ties, to do better – so we can all achieve the impossible. ” We are happy to say it was a great event all around.

SaaS 95

SaaS B2B Customer retention Sales 95

SmartKarrot

JULY 8, 2020

Building a successful SaaS business is a herculean task that comes with a unique set of challenges. The wide range of SaaS solutions available in the market makes it difficult to woo new customers. This, in turn, requires you to track various metrics to boost customer retention and maximize revenue. .

SaaS 10

SaaS Analytics Metrics Customer retention 10

ChurnZero

JUNE 12, 2020

Again, if you replied, “Customer Success Director or above,” you’re not getting the most value from leadership. They reactively respond to raised events or close their eyes and wait to see what happens with auto-renew clients. When should I add Customer Success Operations? Track the metrics that are most important to your goals.

SaaS 80

SaaS Metrics Customer retention Analytics 80

ChurnZero

APRIL 27, 2021

As ChurnZero recently secured a Series B investment bringing our total funding that has been raised to date to $35 million, we thought we’d take a look back and see the role that Customer Success plays at each respective stage of funding for SaaS companies. Here’s what he had to say.

SaaS 98

SaaS Metrics Sales Marketing 98

aircall

AUGUST 5, 2022

Above all, this increases your conversion rate and customer retention (which is even more important in this economy). . When it comes to lead-nurturing and follow-up at any SaaS company, it can help to segment leads based on these two metrics: . Use events to your advantage. Narrow down lead lifecycles.

Sales 62

Sales SaaS Marketing Personalization 62

CSM Practice

MAY 22, 2022

Hence, the Customer Success framework is the foundation to design and build your aligned processes. Why is it important to design a Customer Success framework ? . The recurring revenue model of the B2B SaaS industry pushes the Customer Success teams to retain and expand the existing customer base. Key takeaways.

Brand ambassadors 59

Brand ambassadors SaaS B2B Customer retention 59

CustomerSuccessBox

MAY 18, 2022

Here is the list of 10 Customer Success blogs to follow and save in your digital library in 2022! A dedicated AI-powered customer success platform aiding SaaS firms to onboard, retain, upsell and drive MRR. If you are someone working in a SaaS startup, this blog has excellent thoughts to share with you. 16 Ventures.

SaaS 52

SaaS Upselling Education Customer retention 52

ChurnZero

MAY 14, 2021

Have you ever wondered: What’s the difference between Customer Success Management and Operations? When should I add Customer Success Operations and how do I advocate for the role? What goals, metrics, and tools does Customer Success Operations use? How to Identify Goals, Metrics, and Tools for Customer Success Operations.

Customer retention 81

Customer retention Metrics Benchmark SaaS 81

CustomerSuccessBox

JANUARY 2, 2022

Eventful years like 2020 and 2021 have challenged the old traditions pertaining to Customer Success (CS). As we enter another year, Customer Success is poised to be more sophisticated. As we enter another year, Customer Success is poised to be more sophisticated. Managing customer relationships is crucial.

SaaS 52

SaaS Metrics Accountability Upselling 52

Nicereply

SEPTEMBER 17, 2020

Technology and software companies evolved the concept of customer success and are thus mostly responsible for the mainstream popularity of the term. If you are big on technology in the commerce or service industry, you must have heard people say things like, “Customer success is primarily tied to Software as a service (Saas).”.

SaaS 105

SaaS Customer retention Customer Support Surveys 105

Education Services Group

FEBRUARY 3, 2021

Customer Success as a Service ® provider ESG announces a partnership with inSided, the only Customer Success Community platform for SaaS and subscription-based companies. We’re here to help you improve metrics and accomplish your ultimate goal of reduced churn and increased retention. Learn more at esgsuccess.com.

Customer advocacy 52

Customer advocacy SaaS Self service Consulting 52

ChurnZero

AUGUST 24, 2018

The webinar discussed the process and impact of the renewal from both the Customer Success and Finance point of view. Topics discussed included: • Processes that can help drive customer retention. SaaS metrics the CFO and CS leader both need to know. • The total financial impact of customer retention.

Finance 61

Finance SaaS Education Customer retention 61

TeamSupport

SEPTEMBER 16, 2020

Opportunities for automation and self-help include: Workflow and Routing : Establishing workflow rules can assure that cases can be directed to the most qualified support resources or automatically trigger events to help expedite cases resolution.

B2B 89

B2B Customer Support Strategic Value Customer retention 89

CustomerSuccessBox

JULY 5, 2021

Customer Success remains a must-have strategy across all b2B SaaS companies. While it is no surprise that customer retention is key to survival in the Subscription economy and customer retention can only happen when a customer achieves success. Increased customer loyalty and customer retention. .

Customer advocacy 52

Customer advocacy Upselling Customer retention B2B 52

ClientSuccess

JULY 16, 2021

Well, now that we can all agree that a Health Score is necessary for proper proactive customer management, what exactly is a Health Score? Simply put, a Customer Health Score is a metric-based scoring mechanism used to predict customer sentiment and behaviors. Determining Your Perfect Metrics. Engagement.

Construction 52

Construction Metrics Customer retention Surveys 52

CustomerSuccessBox

FEBRUARY 20, 2022

Customer health score gathers all the significant data of customers and analyzes the future behavior for a predictable time. Measure customer health scores to know how your customers are performing in real time. It is based upon the metrics which the business cares about. Because customers aren’t alike.

SaaS 52

SaaS B2B Accountability Upselling 52

SmartKarrot

NOVEMBER 2, 2020

Customer retention is very challenging for businesses especially in 2020. The unprecedented times and business environment have made it uncertain for business leaders on what steps to take to retain customers. So, retaining customers becomes necessary for any company to sustain itself in this economic turbulence.

Customer retention 21

Customer retention Consulting Consulting Marketing 21

ChurnZero

JANUARY 17, 2020

My Calendar: Integrate your Google or Office 365 calendar to sync your customer meetings. This gives you a quick view of your important upcoming events. . My To-Dos : Quickly process your upcoming customer to-dos with checklists of open tasks and messages for review. . On Accurately Organizing Customers .

Best practices 72

Best practices Accountability Upselling SaaS 72

ChurnZero

JANUARY 26, 2021

Each objective should have at least one Key Result, however it’s not unusual for an objective to have two or three metrics associated with it. Never forget that it’s a value-add for your customers to work with someone with visibility into similar companies working toward the same goals. The Customer Success Battle Plan.

Management 98

Management Chief Customer Officer Upselling SaaS 98

Amity

FEBRUARY 2, 2016

With so many customer success resources to choose from, we’ve selected the top customer success resources and events that we think will educate and inspire you for the rest of the year. Are Your Customer Success Stories Being Heard? Exploring the Top 5 Benefits of Customer Success. • Blog Posts.

SaaS 80

SaaS Education Customer retention Sales 80

ChurnZero

JUNE 14, 2019

Order lunch for the group and make it a team bonding event. Blog Author: Naomi Aiken, Customer Success Manager, ChurnZero. Naomi Aiken is a Customer Success Manager at ChurnZero. She joined ChurnZero in 2018 after a decade’s worth of experience in SaaS software implementation and consulting for higher education.

SaaS 65

SaaS Customer retention Metrics Sales 65

Education Services Group

JULY 20, 2021

ME: Consider developing health scoring based on customer sentiment, engagement, and other key customer events. For example, are these customers opening or clicking on emails you’re sending? Are they visiting your knowledge base or customer community, or submitting support tickets?

Accountability 98

Accountability Chatbots Surveys Journey mapping 98

SmartKarrot

JULY 8, 2020

With the SaaS industry flourishing at great heights, Google Analytics has been their prime choice. Being one of the finest, flexible, and easy-to-use analytics tools that keep track of your entire business, Google Analytics for SaaS provides useful data points on your website, and a lot more. . Customized Tracking for SaaS .

SaaS 10

SaaS Analytics Engineering Metrics 10

Netomi

JANUARY 5, 2022

His coverage topics include the ROI of CX, CX strategy and governance, how CX leaders secure and retain sponsorship, the buy/own/advocate customer journey, voice of customer (VoC) and survey strategies, customer journey mapping, CX analytics and measurement, the role of social media and word of mouth (WOM) in CX, and persona development.

Customer Experience 98

Customer Experience Customer Service Consulting Consulting 98