article thumbnail

The average customer success budget ranges from $110,500 to $667,250

ChurnZero

This is why on our annual survey of customer success leaders , we ask about “non-headcount budgets.” So how did non-headcount customer success budgets shake out in 2023? Across companies of all sizes, businesses invested an average of $260,120 on non-headcount customer success budgets in 2023.

article thumbnail

Five hiring trends for Customer Success professionals to know in 2023

ChurnZero

Whether you’re an experienced Customer Success professional looking for a new role, or you’re a newcomer hunting for your first Customer Success position, these are the hiring trends to anticipate and leverage in 2023. However, most teams surveyed fell well below industry benchmarks on CS team headcount—an area of improvement for 2023.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How much do SaaS companies spend on CS?

ChurnZero

We’ve conducted an annual survey of customer success leaders for four consecutive years. We thought it would be useful to go back through all of the reports and curate a neatly organized list of statistics the survey has gleaned around the customer success budget. 2023 customer success budgets Economic context: U.S. of revenue.

SaaS 52
article thumbnail

Medallia vs. Qualtrics vs. Lumoa: A Buyer’s Guide

Lumoa

Platform Overview Medallia is a cloud-based CX management software that provides survey features, sentiment analysis, social listening, and AI-powered insights. The company started out as a survey tool for academics and has grown into a multi-product feedback software.

article thumbnail

The State of Customer Experience 2023 Research Report

The Northridge Group’s State of Customer Experience 2023 research report reveals a surge in preference for online agent chat versus the phone amongst 18–35-year-olds—the first time online chat has eclipsed phone! JUST RELEASED!

article thumbnail

Big on impact; short on investment: Key trends from the 2022 Customer Success Leadership Study

ChurnZero

Based on a detailed survey of more than 1,000 Customer Success leaders, this is the most comprehensive study of the evolving CS landscape to date. Related: Which Customer Success best practices should you keep or let go in 2023? Which Customer Success best practices should you keep or let go in 2023? However, 76.5%

SaaS 98
article thumbnail

Five reasons for upgrading your employee research

Maru Group

By Glyn Luckett Maru/Matchbox | January 2023 While many companies recognize the value of keeping essential business software up-to-date, employee research techniques and solutions are often overlooked. These insights require an effective, agile survey process and platform to be successful.

article thumbnail

NEW! 2023 State of CX Research Report Just Released!

Part II of The Northridge Group’s State of CX 2023 report reveals 93% of business leaders surveyed believe their companies make it easy for customers to resolve issues. JUST RELEASED! Only 66% of customers agree.