Remove 2014 Remove Accountability Remove Consulting Remove Upselling
article thumbnail

100+ Customer Experience Stats to Prepare for 2023

CCNG

(Gartner, 2021) 8 in 10 consumers report that businesses are meeting or exceeding their expectations for service, compared to 67 percent in 2014. In fact, 40% say businesses have increased their focus and attention on service, a significant increase in just three years (up from 29% in 2014).

article thumbnail

Customer Success Financial Metrics That Matter

CSM Practice

1. Average Revenue Per Account (ARPA). The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Average Revenue Per Customer = Total Revenue / Number of Accounts.

Metrics 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Expansion Selling: A Proactive Data-Driven Strategy Framework

CSM Practice

Since existing customers are usually more willing to buy, companies typically offer additional solutions and features in the form of upsells and cross-sells. This may be after a year when customers have fully adopted the product and your interaction allows for account expansion. ?. Qualitative Data. Thinking Ahead.

article thumbnail

Customer Success Financial Metrics That Matter

CSM Practice

1. Average Revenue Per Account (ARPA). The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Average Revenue Per Customer = Total Revenue / Number of Accounts.

Metrics 52
article thumbnail

Customer Success Financial Metrics That Matter

CSM Practice

1. Average Revenue Per Account (ARPA). The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Average Revenue Per Customer = Total Revenue / Number of Accounts.

Metrics 52
article thumbnail

Customer Usage Metrics That Matter

CSM Practice

Even though it doesn’t take the level of engagement into account, it is infinitely better than tracking logins. Improving usage rates can lead to higher retention, expansion into additional features, lower churn, and easier upsells and cross-sells. The company was founded in 2014 and is headquartered in Sunnyvale, California.

Metrics 52
article thumbnail

Customer Usage Metrics That Matter

CSM Practice

Even though it doesn’t take the level of engagement into account, it is infinitely better than tracking logins. Improving usage rates can lead to higher retention, expansion into additional features, lower churn, and easier upsells and cross-sells. The company was founded in 2014 and is headquartered in Sunnyvale, California.

Metrics 52