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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. However, most companies are at a disadvantage because they use the same sales strategy for both new and existing customers. Quantitative Data ; obtained from different systems.

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Customer Success Financial Metrics That Matter

CSM Practice

Understanding your ARR enables you to forecast your growth and sales projections better, budget for sales and marketing, identify trends quickly, and motivate your team. Average Customer Lifetime Value = Average Order Value * Average Number of Repeat Sales * Average Retention Time in Years.

Metrics 52
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Customer Success Financial Metrics That Matter

CSM Practice

Understanding your ARR enables you to forecast your growth and sales projections better, budget for sales and marketing, identify trends quickly, and motivate your team. Average Customer Lifetime Value = Average Order Value * Average Number of Repeat Sales * Average Retention Time in Years.

Metrics 52
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Customer Success Financial Metrics That Matter

CSM Practice

Understanding your ARR enables you to forecast your growth and sales projections better, budget for sales and marketing, identify trends quickly, and motivate your team. Average Customer Lifetime Value = Average Order Value * Average Number of Repeat Sales * Average Retention Time in Years.

Metrics 52
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Artificial Intelligence: 3 Benefits for the Insurance Industry

CSM Magazine

Front-end sales – train the latest AI tools to answer the most common questions quickly then maximise their ability to use critical customer data to offer personalised recommendations on policies and pricing. Established in 2014, EBI.AI Here are 3 ways AI can help the insurance industry in key areas: 1. About the Author.

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5 ways to retain a $100 million customer portfolio

CustomerSuccessBox

Christoph Janz, a SaaS enthusiast, and a Venture Capitalist had published a brilliant article way back in 2014. There will be a dedicated team of professionals for onboarding, support, sales, and managing accounts. Provide the sales managers with the real time customer account insights. It was meant for SaaS companies.

SaaS 52
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Why the “S” in KCS Went from Support to Service

Mindtouch

But taking the KCS methodology beyond Support to other organizations, namely Customer Success and Sales, introduces the potential for greater value. Capturing this information, though, is generally not viewed as part of the Sales or Success job description. What features or concepts help move sales to close?