ChurnZero

SEPTEMBER 26, 2019

2019 SaaS Awards Announced – Appealie Honors Best Product and Leaders in SaaS. . APPEALIE has announced the winners of the 2019 SaaS Awards, including inaugural executive and investor awards. 23 SaaS apps were recognized for their demonstrated excellence and customer outcomes. OVERALL SAAS AWARD WINNERS.

SaaS 45

SaaS Benchmark Surveys Feedback 45

Totango

AUGUST 23, 2022

By charting the points in your SaaS customers’ journeys, you can plan how to deliver clients’ desired outcomes and satisfying experiences that promote subscription renewals and higher revenue. Touchpoints also include occasions when clients interact with your software app in a SaaS context. Customer service. Customer success.

B2B 117

B2B Journey mapping SaaS Engineering 117

Jive

SEPTEMBER 4, 2018

At the top of the list are SaaS, BYOD and Hosted VoIP—all of which are setting the benchmark for business communications in 2018. SaaS—Why it matters. SaaS-based services can be availed following a subscription model. Technology in 2018 is teeming with a wealth of acronyms. It’s also a trend that’s likely to continue.

voip 52

voip SaaS Technology Benchmark 52

ChurnZero

JUNE 19, 2020

To answer that and more, we invited SaaS Capital’s Managing Director, Rob Belcher, and Software Equity Group’s Managing Director, Allen Cinzori, to join us for a webinar. Speakers: Rob Belcher , Managing Director, SaaS Capital. Each account rep that is doing sales is also doing renewal management and things like that.

SaaS 72

SaaS Metrics Surveys Customer retention 72

SmartKarrot

MAY 28, 2020

It is a common belief in the SaaS industry that the acceptable SaaS churn rate benchmarks is around 5% annually. There are many factors that decide what is an acceptable benchmark and what exceeds it. Hence, you need to consider multiple factors to find SaaS churn rate benchmarks.

Benchmark 10

Benchmark SaaS B2C B2B 10

CustomerSuccessBox

DECEMBER 9, 2021

Customer Success is more relevant to your business more so for SaaS companies and you need to understand the nuances of the roadmap forward. This takes into account the downgrades or upgrades with customer growth. This is a simple KPI but takes into account the effect of Customer Success on the bottom line of your business.

SaaS 52

SaaS Benchmark Customer advocacy Upselling 52

Nicereply

MAY 24, 2023

The Customer Success function has gained momentum over the past decade and is now, more often than not, an integral part of the customer journey within a SaaS company. Gunjan : The ultimate metric of success for any SaaS organization is net retention. Markets change, and CS needs to respond appropriately. And then reevaluate.

Calibration 52

Calibration SaaS Benchmark Education 52

CustomerSuccessBox

NOVEMBER 17, 2021

A major shift in the distribution model of software meant that SaaS metrics needed to evolve. If you are a SaaS business, churn is your devil with the pitchfork. But SaaS leaders know the importance of Net Revenue Retention and tracking it. It is an indicator of growth for SaaS businesses. Increasing NRR Accountability.

Upselling 52

Upselling SaaS Metrics Accountability 52

ClientSuccess

FEBRUARY 15, 2021

Customer-centric service has emerged as one of the leading contributors to account renewals, recurring revenue, and upsells for SaaS-based organizations. . What this really boils down to, however, is that CSMs and account managers should make decisions and build project plans from the customer mindset. Ready to learn more?

Benchmark 59

Benchmark Upselling Accountability Customer centricity 59

Satrix Solutions

NOVEMBER 12, 2020

Heather Timney , Vice President, Marketing & Partnerships. Evan, customer health scores in SaaS are much more common these days. We work with a lot of SaaS companies where customer health scores are prominent. We work with a lot of SaaS companies where customer health scores are prominent. Benchmarking.

SaaS 88

SaaS Feedback Best practices Accountability 88

Totango

OCTOBER 7, 2021

In the SaaS industry, one of the best ways to get customer feedback is to see what customers are actually doing with your software product. After specific product adoption benchmarks have been achieved. Click to download. Use a Product Analytics Map for Your Product. After onboarding has been completed. Monitor Product Review Websites.

Feedback 103

Feedback Benchmark Surveys Analytics 103

ChurnZero

OCTOBER 22, 2021

If you work for a SaaS business, you know word-of-mouth marketing is everything. As a CS professional, you want to be seen as a leader in your market, and so does your customer. product usage (does the account have above 80% account utilization with high feature usage?),

Customer advocacy 96

Customer advocacy SaaS Benchmark Healthcare 96

Callminer

OCTOBER 11, 2018

FCR on social/text needs to be amended to first conversation resolution as customers rarely provide all info needed to resolve a query upfront, but measuring this provides a benchmark you can use against other channels. Nate specializes in digital marketing as well as data curation and protection. Nate Masterson @MapleHolistics.

Call Center 561

Call Center Metrics Contact Center Wait times 561

Nicereply

NOVEMBER 30, 2021

A study by Marketing Metrics revealed that businesses have a 20-40% chance of winning back a lost customer, as compared to a 5-20% chance of converting a prospect into a new customer. Trying to win back every lapsed customer might turn out to be a waste of your time, marketing budget and human resources. According to V.

Surveys 104

Surveys B2C Benchmark Accountability 104

CustomerSuccessBox

AUGUST 10, 2021

At every stage, you need some kind of a health score to evaluate the status of the account and decide how you would engage with the account to take it ahead in the journey. Any changes in the market, like trends and customer usage, may also require revisiting the customer health score. Who Is Using a Customer Health Score?

Customer advocacy 52

Customer advocacy Customer retention Benchmark Surveys 52

ChurnZero

JANUARY 10, 2023

This is a guest article by Swati Garg , founder and CEO, Melo Associates , and Lindsay Lynch , senior recruitment consultant, Melo Associates , a recruitment firm focused on Customer Success hiring for SaaS and tech companies nationwide. In a fluid job market, supply and demand change quickly, and often unexpectedly.

Coaching 52

Coaching Benchmark Consulting Consulting 52

ChurnZero

AUGUST 14, 2020

They focus on opportunity management – like the manual activities that typically exist within accounts. Get direct access to CRM data, such as accounts, contacts, opportunities, cases, subscription data (renewal date, license count, total contract value, etc.) What is a CRM? Who owns it? Sales or Sales Operations. Who owns it?

CRM 87

CRM Finance Upselling Accountability 87

CustomerSuccessBox

JULY 14, 2021

Why the Adoption Phase Matters in SaaS. In response, many SaaS user adoption companies have started exploring strategies that focus on driving product usage by end-users. If you don’t have a solid adoption strategy in place, you’ll waste all the time and money you spent on marketing and converting a customer.

SaaS 52

SaaS Metrics B2B Benchmark 52

Totango

OCTOBER 7, 2021

In the SaaS industry, one of the best ways to get customer feedback is to see what customers are actually doing with your software product. After specific product adoption benchmarks have been achieved. Use a Product Analytics Map for Your Product. After onboarding has been completed. After a customer support issue has been resolved.

Feedback 72

Feedback Benchmark Surveys Analytics 72

OctopusTech

MARCH 1, 2023

Product and tech support Customers call for help to solve a wide array of issues, from returning damaged products or changing account information and passwords to complaining about product malfunctions. Inbound call centers can be configured to address a wide variety of a brand’s sales, marketing, and customer service needs.

Interactive Voice Response 62

Interactive Voice Response Call Center Gamification Schedule adherence 62

CSM Practice

OCTOBER 15, 2019

A steady stream of recurring revenue is essential for any SaaS company. Optimizing the renewal process is the solution to stabilizing and maintaining the recurring revenue streams from SaaS clients. A TSIA benchmark study on renewal rates showed that there is a 13.7 Automation and Communication.

Benchmark 40

Benchmark SaaS Journey mapping Analytics 40

Totango

AUGUST 18, 2021

A freemium onboarding email sequence is a series of emails sent automatically to new freemium users to provide an orientation to your SaaS product and your brand. This makes a well-designed onboarding email sequence critical for an effective freemium marketing strategy. What Is a Freemium Onboarding Email Sequence?

Best practices 116

Best practices Benchmark SaaS Enterprise 116

JustCall

DECEMBER 7, 2022

With these, you can benchmark your team’s performance against its goals and decide on appropriate incentives and training programs. But most importantly, you can devise a winning sales strategy for your products, geographies, and market segments. Annual revenue per user or account (ARPU/ARPA).

Analytics 52

Analytics Sales CRM Metrics 52

Amity

JANUARY 13, 2016

In this issue of the SaaS Tattler we discuss how to make sure your Customer Success team is making the required impact. A Guide of SaaS Companies. Can Customer Success really be held with the same importance of sales, marketing and product departments? • What Does "Customer Success" Mean for SaaS Startups.

Benchmark 48

Benchmark SaaS Surveys Metrics 48

Amity

APRIL 25, 2016

Director of Marketing - ServiceRocket. Bill is a revenue marketer who leverages his background in professional development and training to create and execute content marketing strategies that drive profitable customer behavior. Market Strategy Manager - OpenView Venture Partners. C X Journey. Bill Cushard. Bill Quiseng.

SaaS 96

SaaS Chief Customer Officer Consulting Consulting 96

ChurnZero

MAY 15, 2020

With Customer Success teams beginning to transition from response to recovery and adapt to their “new normal,” we wanted to share some basic benchmarks showing how ChurnZero customers have reacted to the COVID-19 crisis. The data in this article is sourced from SaaS businesses across 20 industries that use ChurnZero. 2x emails sent.

Benchmark 72

Benchmark Accountability SaaS Customer retention 72

ClientSuccess

APRIL 15, 2019

When one looks at the typical SaaS method of sales and customer success, there is a clear funnel in place. In the past few years as the traditional SaaS sales and marketing model has taken hold, customer churn has been the sole responsibility of customer success teams. Look at Sales. Look at Onboarding.

SaaS 50

SaaS Journey mapping Benchmark Sales 50

CustomerSuccessBox

DECEMBER 22, 2021

If you’re in a b2b business and mainly catering to mid-market enterprise business, your end goal is obviously to delight your end-users. Industry best practices Benchmarking studies How mature are their processes compared to competitors? As a B2B SaaS business, you’re always interested in knowing what your peers are doing right.

Benchmark 52

Benchmark B2B Best practices SaaS 52

SmartKarrot

FEBRUARY 9, 2022

The reason for that is customer retention is highly crucial for SaaS companies because – . Apart from focusing on retaining existing customers, SaaS companies need to concentrate more on their churn ratio. Apart from focusing on retaining existing customers, SaaS companies need to concentrate more on their churn ratio.

SaaS 10

SaaS Customer retention Upselling Benchmark 10

Quiq

JULY 7, 2022

Find the number of customers you lost in that time period (don’t forget to account for new customers). Make sure to account for it. Next, figure out how to benchmark your numbers. Take a look at your brand messaging, your product descriptions, and any other marketing materials. Multiply by 100 to determine the percentage.

Surveys 75

Surveys Customer retention industry standards Benchmark 75

ChurnZero

NOVEMBER 11, 2020

Customer Success (CS) has become a larger priority for many companies in the past five years as the shift to SaaS subscriptions has become the de facto standard for most license models, and customers can more easily switch vendors with little effort. The benchmark for safe investments. And these conversations are GOLD!

CRM 85

CRM Benchmark Analytics SaaS 85

CSM Practice

NOVEMBER 4, 2019

As SaaS companies mature, they are presented with bigger challenges that are associated with scaling. Mature SaaS companies are generally more concerned with the elements of scaling customer success. This splits the customer base into SMBs, mid-market, and enterprise companies. Defining the Low Touch Segment.

Benchmark 45

Benchmark Journey mapping Analytics SaaS 45

ChurnZero

DECEMBER 18, 2020

Hoping to shed light on the current state of Customer Success and its influence within B2B SaaS organizations, ChurnZero along with ESG and Higher Logic, invited Customer Success leaders to participate in a survey to learn more about the top initiatives and issues facing this function today. How was it marketed? Is it being trained?

Chief Customer Officer 87

Chief Customer Officer Finance SaaS Benchmark 87

delighted

MARCH 15, 2019

Think of a relationship survey as the big picture benchmark, and the transactional survey as the nitty gritty tactic that helps you accomplish your overarching customer experience goals. For support ticket feedback, would the customer service team like to benchmark their performance with a CES survey ? transaction).

Surveys 75

Surveys Benchmark B2B Feedback 75

Totango

JUNE 24, 2022

Customer success in SaaS differs from CS in other industries. Read on to learn the keys to effective customer success for SaaS clients. Read on to learn the keys to effective customer success for SaaS clients. How Is Customer Success for SaaS Different from Other Businesses.

Best practices 104

Best practices SaaS Journey mapping B2C 104

ClientSuccess

NOVEMBER 15, 2017

Customer success leaders can then measure and track these metrics against larger company benchmarks to build a better picture of overall customer satisfaction and health. As soon as an account transfers from ‘prospect’ to ‘customer’, the lifecycle begins and the customer success team is responsible for providing an exceptional experience.

Enterprise 40

Enterprise Journey mapping Management Benchmark 40

Solvvy

AUGUST 31, 2022

They are so satisfied with your products, services, and support that they will give recommendations and engage in word-of-mouth marketing on behalf of your company. Also, it may be difficult for a business to determine whether an NPS score is good for their industry or their market. CSAT Industry Benchmarks.

Surveys 62

Surveys Benchmark Feedback Customer Support 62