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5 Facts to End the ROI Debate on Customer Experience

Beyond Philosophy

In the United Kingdom, the NCSI portfolio earned a return of 59 percent from April 2007 to June 2011, and the FTSE 100 had a negative return of 6 percent.” Your existing customers are far easier to upsell. By comparison, the S&P 500 returned only $93, a 7-percent loss.

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Investing in customer success: a venture capital perspective

Vonage

That qualitative data helps tell the story of the metrics. . Instead of asking for customer service metrics outright, Kahn says it’s more important to see which KPIs the company is already tracking on a daily basis. The first thing I ask for when [evaluating] a company is the customer database. Success is also about mistakes.

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Structuring Customer Success - What Works, What Doesn’t

Amity

"When Customer Success is blended with pricing negotiations, upsells, cross-sells and contract renewals, trust and advocacy are tarnished." In this interview, Boaz Maor answers what exactly Customer Success should include, which metrics should be used to track its impact, and how it should be structured within an organization.

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100+ Customer Experience Stats to Prepare for 2023

CCNG

Oracle, 2011) Businesses have a 60 to 70% chance of selling to an existing customer while the probability of selling to a new prospect is only 5% to 20%. Marketing Metrics, 2010) Increasing customer retention rates by 5% increases profits anywhere from 25% to 95%. Oracle, 2011) Customers who had a very good experience are 3.5x

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Refining Your Value Proposition

Amity

Your management system should include metrics, training, coaching, and job aids to help set and reinforce the new habit. Note how segmentation correlates with usage, satisfaction, churn, upselling and cross-selling behaviours. Review and analyze the results every quarter. Refine the Value Proposition. Herrmann, B. Dogrultan, E.,

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Refining Your Value Proposition

Amity

Your management system should include metrics, training, coaching, and job aids to help set and reinforce the new habit. Note how segmentation correlates with usage, satisfaction, churn, upselling and cross-selling behaviors. Review and analyze the results every quarter. Refine the Value Proposition. i] Marmer, M., Herrmann, B.