ChurnZero

JUNE 24, 2022

In our webinar, 2022 SaaS retention benchmarks , SaaS Capital Manager Director Rob Belcher shares the results from their 11th annual B2B SaaS benchmarking survey. It’s the largest survey of private SaaS companies in the world with over 1,500 responses. I would try to make it a hard metric.

Benchmark 52

Benchmark SaaS Metrics B2B 52

Balto

NOVEMBER 8, 2022

There are many metrics and KPIs (Key Performance Indicators) that give you insights into agent productivity, customer satisfaction, and employee satisfaction. These metrics can significantly improve your decision-making process and make your agents and customers happier. Key Metrics for Measuring Agent Performance. Call Volume.

Metrics 52

Metrics Call Center Abandon rate Average Handle Time 52

Global Response

DECEMBER 2, 2022

Start measuring performance by creating a dashboard Metrics are used by customer care teams to measure performance and signal when changes are needed to make improvements. But each account customizes the metrics to its specific situation, which may differ by product category, industry, sales strategy or any number of factors.

call center workforce 62

call center workforce Metrics Call Center Management 62

ChurnZero

MARCH 18, 2022

With so many SaaS metrics floating around, and even more opinions on when and how to use them, it can be hard to know if you’re measuring what really matters. Leading SaaS expert, Dave Kellogg, and ChurnZero CEO, You Mon Tsang, sat down to answer all the questions you want to know about SaaS metrics like ARR, NRR, GRR, LTV, and CAC (i.e.,

SaaS 98

SaaS Metrics Enterprise Surveys 98

ChurnZero

JUNE 19, 2020

Q: Does the importance of retention metrics vary by strategic buyers versus private equity (PE) buyers? . The metrics are obviously very important, and they probably are why they buy “Company A” versus “Company B.” Each account rep that is doing sales is also doing renewal management and things like that.

SaaS 72

SaaS Metrics Surveys Customer retention 72

Totango

APRIL 26, 2019

By tracking the right customer onboarding metrics and then using that information to guide customer engagements. Creating and Tracking Customer Onboarding Metrics. All your customer onboarding metrics should be created and tracked within a customer success platform. Customer progression. Customer response rate. Why it Matters.

Metrics 89

Metrics Benchmark Surveys Education 89

Totango

MARCH 21, 2023

Katie advises on the importance of surveys: “people get at least 52 surveys a year,” so remember to ensure your survey stands out and reaches the right audience. Identify metrics that drive impact Metrics are essential for customer success operations to thrive, and Katie highlighted NPS as a crucial organizational metric.

Journey mapping 80

Journey mapping Benchmark Metrics Surveys 80

ChurnZero

DECEMBER 21, 2022

1/ Crash course in Customer Success and SaaS metrics. Many people think of SaaS and CS metrics as black and white. But the truth is, there are many ways to calculate and interpret—and game—metrics. Related reading: Key SaaS and Customer Success metrics you should care about – What’s a good CAC?

SaaS 98

SaaS Benchmark Metrics Consulting 98

Kayako

OCTOBER 23, 2017

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?

Accountability 54

Accountability Feedback Chief Customer Officer Metrics 54

ChurnZero

SEPTEMBER 8, 2022

But as a company scales and brings in new accounts, CSMs can start to feel like Lucy and Ethel in the chocolate factory—the customers keep rolling along faster than CSMs can properly manage them! This is a guest post by Sara Barnes , vice president of Customer Success at Skilljar. It doesn’t have to be this way. Customer satisfaction.

Education 98

Education Benchmark Customer retention Metrics 98

Fonolo

FEBRUARY 18, 2021

Check your past metrics and data reports, and analyze them for any trends that might be useful. Customer interactions are at the heart of every contact center, so it makes sense to take their feedback into account. Most contact centers gather customer information through surveys, questionnaires, and call center recordings.

Contact Center 148

Contact Center Abandon rate Average Handle Time First call resolution 148

ChurnZero

AUGUST 25, 2021

It will help you set benchmarks to get a clear picture of your performance with your customers. A Net Promoter Score (NPS) is a customer satisfaction benchmark that measures how likely your customers are to recommend you to a friend or colleague. Let’s start with the basics. What is a Net Promoter Score (NPS)?

Journey mapping 98

Journey mapping Benchmark Feedback Metrics 98

delighted

MARCH 29, 2019

An effective customer experience survey is a conversation with your clients and customers. Poor survey design, on the other hand, can lead to a lack of responses, misleading or vague results, and a missed opportunity to respond to customers and grow your business. Determine your survey type. Customer Satisfaction Surveys.

Surveys 49

Surveys Feedback Benchmark Best practices 49

delighted

MARCH 29, 2019

An effective customer experience survey is a conversation with your clients and customers. Poor survey design, on the other hand, can lead to a lack of responses, misleading or vague results, and a missed opportunity to respond to customers and grow your business. Determine your survey type. Customer Satisfaction Surveys.

Surveys 49

Surveys Feedback Benchmark Best practices 49

CX Journey

DECEMBER 11, 2014

It was a dark and stormy survey With questions to weigh Like “Recommend Me?” So before the scores are calculated, And the mind of management gets complicated, Take a step back and pay attention, To the other metrics that depict the rate of retention. 1) Survey “Representativeness:” Who are we talking to? and “¿Por qué?”

Metrics 62

Metrics B2B Accountability Surveys 62

delighted

APRIL 19, 2019

Relationship and transactional surveys measure your customer experience, whether that’s through Net Promoter Score (NPS), Customer Effort Score (CES), or Customer Satisfaction (CSAT) metrics, so that you can better understand the “why” behind customer engagement and loyalty. What are customer relationship surveys?

Surveys 59

Surveys Customer Experience Feedback Metrics 59

PeopleMetrics

JANUARY 15, 2020

Is NPS the right metric? NPS is a simple and powerful metric and is fast becoming the industry standard for measuring brand loyalty. But while NPS is a strong measure of the overall relationship a customer has with their bank; it is not the best metric to measure the transactional experience. More on that here. Conclusion.

Banking 54

Banking industry standards Surveys Benchmark 54

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. That can lead to data overload and the really important metrics can get lost in the shuffle. Fight the urge. Train your supervisors.

Interactive Voice Response 62

Interactive Voice Response Call Center Gamification Schedule adherence 62

Totango

APRIL 11, 2019

To improve the diagnostic value of customer success health scores, build them around the right metrics and derive solutions by understanding how those metrics impact customer lifetime value. A customer success health score is a framework used to identify the status of your customers so you can quickly prioritize accounts.

Metrics 86

Metrics Upselling Accountability Enterprise 86

Lumoa

NOVEMBER 29, 2021

As a business leader, you are extremely familiar with numeric metrics – most likely your targets are around revenue growth and profitability. There is a lot of research and studies about the relationship between financial metrics and customer experience metrics. I will first outline what is generally known. Not necessarily.

Customer Experience 103

Customer Experience Metrics Feedback Banking 103

delighted

SEPTEMBER 13, 2019

Customizable survey templates make short work of getting insightful customer feedback. At its core, customer satisfaction score (CSAT) is a customer experience metric that measures happiness with a product, service, or support interaction. Prebuilt survey templates that incorporate proven survey methodologies (NPS, CSAT, CES, etc.)

Surveys 45

Surveys Feedback Best practices Benchmark 45

CustomerSuccessBox

DECEMBER 9, 2021

In a recent survey, 94% of the CS professionals rated churn reduction to be the highest priority. 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. Any surprises here? I don’t think so.

SaaS 52

SaaS Benchmark Customer advocacy Upselling 52

ClearAction

JANUARY 20, 2018

Four factors that survey participants say have contributed significantly to their MO success: Clarity and consistency across the organization—shared practices, a well-defined road map and enabling infrastructure, reinforced by clear and pervasive communications that keep everyone on the same page. Key Findings. Executive Buy-in and Advocacy.

Marketing 80

Marketing Best practices Benchmark Enterprise 80

delighted

APRIL 19, 2019

Relationship and transactional surveys measure your customer experience, whether that’s through Net Promoter Score (NPS), Customer Effort Score (CES), or Customer Satisfaction (CSAT) metrics, so that you can better understand the “why” behind customer engagement and loyalty. What are customer relationship surveys?

Surveys 40

Surveys Customer Experience Feedback Metrics 40

Inbenta

FEBRUARY 15, 2021

Even though there is no “real” benchmark for automated self-service solutions, we’re going to try to give you some indications of the kind of results you can realistically expect from such solutions. Which metrics to measure self-service KPIs? But first, what is customer self-service? Call deflection rate. Self-service success rate.

Self service 99

Self service Metrics Chatbots Benchmark 99

Solvvy

AUGUST 31, 2022

Make a strategy for measuring customer satisfaction based on CSAT surveys and monitoring your score as part of your customer experience program. Optimizing CX and customer satisfaction can help build a business; a PwC survey found that 73% of consumers say experience is a primary factor in purchasing decisions. What is CES?

Surveys 62

Surveys Benchmark Feedback Customer Support 62

ChurnZero

AUGUST 25, 2021

It will help you set benchmarks to get a clear picture of your performance with your customers. A Net Promoter Score (NPS) is a customer satisfaction benchmark that measures how likely your customers are to recommend you to a friend or colleague. Let’s start with the basics. What is a Net Promoter Score (NPS)?

Journey mapping 52

Journey mapping Benchmark Feedback Metrics 52

delighted

MARCH 15, 2019

When most companies want to improve their customer experience with a VoC program, they often start with just one customer survey type—usually a net promoter score (NPS) or customer satisfaction (CSAT) survey. VoC platforms generally include proven CX survey templates, and can help you manage and analyze all of the incoming feedback.

Surveys 75

Surveys Benchmark B2B Feedback 75

ClearAction

JANUARY 20, 2018

Four factors that survey participants say have contributed significantly to their MO success: Clarity and consistency across the organization—shared practices, a well-defined road map and enabling infrastructure, reinforced by clear and pervasive communications that keep everyone on the same page. Key Findings. Executive Buy-in and Advocacy.

Marketing 66

Marketing Best practices Benchmark Enterprise 66

Quiq

JULY 7, 2022

Share This Story Customer churn rate is a scary metric. 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. Customer surveys. Left unchecked, it’s a silent business killer.

Surveys 75

Surveys Customer retention industry standards Benchmark 75

Totango

JUNE 23, 2020

Regularly Survey Customers. To get to the “net” part of the metric, subtract the percentage of detractors from the percentage of promoters — the score will range between -100 and 100. The NPS metric was designed to get a look at a customer’s thinking right now. Send NPS surveys to customers by segment.

Best practices 62

Best practices Brand ambassadors Surveys Enterprise 62

PeopleMetrics

FEBRUARY 25, 2022

An effective strategy takes both types of touchpoints into account, including those that do not involve direct interactions between customers and your employees. Market research is time-bound and focuses on specific strategic questions through surveying small samples of customers and one-way communication. CX metrics and KPIs.

Customer Experience 71

Customer Experience Journey mapping Feedback Metrics 71

Totango

AUGUST 25, 2022

Invite customers who are nearing subscription renewal to participate in customer satisfaction surveys. From a financial perspective, these are the baseline metrics that govern SaaS business success, with CAC reflecting marketing expenses and CLTV representing offsetting sales revenue. The key metric here is churn.

SaaS 96

SaaS Upselling Metrics Journey mapping 96

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

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. What are your metrics? What are your goals?

Chief Customer Officer 87

Chief Customer Officer Finance SaaS Benchmark 87

Callminer

AUGUST 1, 2017

Metrics, Measure, and Monitor – Make sure your metrics and associated goals are clear and concise while aligning with efficiency and effectiveness. Make each metric public and ensure everyone knows why that metric is measured. Jeff Greenfield is the co-founder and chief operating officer of C3 Metrics.

Contact Center 334

Contact Center Call Center Average Handle Time Real estate 334

Lumoa

MARCH 24, 2022

Setting survey response rate benchmarks can help you assess the performance and overall growth of your customer experience management (CEM) system. While benchmarking is a common process in many companies, the exact steps and data collected need to be adjusted to each organization’s requirements.

Surveys 83

Surveys Benchmark Metrics Feedback 83