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Technology Based Solutions to Enhance Customer Retention Strategies

TechSee

It is well known that the acquisition costs of converting new customers far outweigh the cost of maintaining current customers, further motivating companies to find and implement innovative customer retention strategies. Churn refers to the percentage of customer attrition over a specific period of time.

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Women of Influence: The Top 25 Innovative CX Leaders

Netomi

It’s not the entirety of my team that’s now Customer Love, it’s the people who are the technical support agents.”. Irit Eizips – Chief Customer Officer & CEO, CSM Practice. Retention is anchored in the value customers receive from the products they purchase and value is a two-sided coin.

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Customer Success and Revenue: Why CS Should Embrace the Numbers

Education Services Group

Today, almost 20% of CSMs come from sales versus 24% from professional services and 19% from technical support, according to the 2017 Customer Success Compensation Study by TSIA.

SaaS 52
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Expansion Selling Strategies: Tips for SaaS Companies

CSM Practice

88% of companies recommend that their employees work from home to reduce the spread of Coronavirus, and more than 90% of B2B sales have switched to a virtual sales model, which can provide a lot of opportunities and challenges for sales and customer success teams. The Shift to Remote Work. Why Expansion Selling Matters Now.

SaaS 71
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Expansion Selling Strategies: Tips for SaaS Companies

CSM Practice

88% of companies recommend that their employees work from home to reduce the spread of Coronavirus, and more than 90% of B2B sales have switched to a virtual sales model, which can provide a lot of opportunities and challenges for sales and customer success teams. The Shift to Remote Work. Why Expansion Selling Matters Now.

SaaS 71
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Top 51 Customer Service Leaders – Best Customer Experience Influencers

Netomi

His 23rd book, “Kaleidoscope: Delivering Innovative Service That Sparkles” was released in February 2017 and is an inspirational guide to providing remarkable service. It won a 2017 Best Book Award for business books after winning a silver medal from North American Book Awards. Customer Service Leaders: Nate Brown.

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Understanding the Joint Success Plan: A Tool for Outcome-Based Customer Success Management

ChurnZero

Customer success continues to evolve as a practice within companies that enjoy recurring revenue models. The range of responsibilities of Customer Success Managers (CSM) in the industry is dizzying. From technical support to renewals and upselling, this role might be one of the most confusing and misunderstood jobs in all of tech. .