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How Customer Success Can Use Metrics to Better Engage Investors and Boards

ChurnZero

Customer Success Metrics that Your Investors and Board Care About. In this article, we share Kristen’s best advice on how you can use metrics to reframe your customer stories, so they’re primed for investor engagement. What metrics do investors care about? What metrics do your investors and board care about?

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Who Should Be Accountable for Customer Feedback Loops?

Kayako

That’s because so many departments are involved in the feedback process: Support receive it, marketers ask for it , and product managers solicit it, but few departments are held accountable for making use of feedback. Assign accountability for a customer feedback loop. What does accountability mean?

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Contact Center Trends 2021: The CX Watershed

Fonolo

As the focus of contact center turns to creating value rather than reducing expenses, KPIs like customer satisfaction and service level will become increasingly favored over metrics like Average Handling Time. The Temkin Group’s 2017 Customer Experience study showed a severe decline in customer experience ratings from 2015 to 2016.

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Escape the Contact Center Paradox: Narrow your Focus

HGS

Directly Connect the Priorities to Business Metrics Not all metrics matter. The BPO industry has become so technical and advanced that metrics are multiplying rapidly. Over time, contact centers can get bogged down by the magnitude of efficiency and quality metrics. Wed, 03/18/2015 - 13:43. Contact Center.

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The Best Posts From the Customer Support Community in 2015

Kayako

2015 saw the support community talk a lot about making things easier for the customer through both customer experience and communication. A lot of posts have centered around studying the very metrics that you should consider in building your self-service tools, and studying the metrics of how you use your helpdesk.

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11 Industry Experts Discuss “What’s More Important: Customer First or Profit First?”

Steve DiGioia

Metrics are designed to focus on what the organization wants to achieve. Metrics that focus on customer satisfaction/loyalty, and have a real impact on compensation or advancement, are also essential. Then get to work in embedding those factors in your hiring, training, communication, recognition, accountability, etc.

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Net Promoter Score 3.0 Continues to Fail to Deliver Actionable Data

Connecting the Dots

To help, they introduce the “earned growth (EG) metric.” Briefly, EG requires estimating the sum of revenue retained from existing customers and new revenue from new customers using internal accounting data. As such, the EG metric does not really address some of the most severe barriers to practical application of NPS scores.

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