Totango

JANUARY 15, 2019

While it’s no doubt a thrill to pursue and persuade a new customer to work with your enterprise, for software and subscription-based businesses, the real value lies in customer retention. But your customer retention strategies should be based on long-term thinking. 3 Use the Right Platforms.

Customer retention 75

Customer retention Customer centricity Enterprise CRM 75

Totango

FEBRUARY 7, 2019

Know your customer, personalize your communications, and proactively work toward a mutual journey of growth, and you’ll find your retention process becomes as reliable as a well-worn marriage. Customer retention is about the promise of continued growth. Understand Your Customer’s Journey.

Best practices 81

Best practices SaaS Customer retention Upselling 81

ChurnZero

JULY 22, 2021

By creating healthy boundaries, Customer Success and Sales don’t have to spend their days assessing and arguing over every expansion situation. Your rules of engagement should be based on which team is genuinely the best fit in each scenario and has the greatest likelihood of gaining sales traction.

Sales 98

Sales Upselling Enterprise SaaS 98

JustCall

DECEMBER 7, 2022

You want to rev up your sales team performance to compete in this fast-paced world. Well, there are sales metrics and sales analytics software to take you closer to goals. Read on to know how to track and improve your sales performance by using the right metrics and analytical tools. What is Sales Analytics?

Analytics 52

Analytics Sales CRM Metrics 52

Totango

NOVEMBER 8, 2023

Enterprise businesses can now use their critical product usage data from Pendo and Mixpanel in their Totango experience to design optimal customer journeys, improving product adoption and customer retention. Check out our full list of technology partners or request a new integration.

Enterprise 91

Enterprise Finance SaaS Analytics 91

Totango

APRIL 6, 2023

With budgets being cut, staff being laid off, and sales cycles getting longer, many businesses are feeling the pressure, especially in the tech sector. To survive this tough “do more with less” climate, companies are turning to their customer success (CS) teams to ramp up their customer retention and expansion efforts.

Enterprise 85

Enterprise CRM Sales Customer retention 85

ClientSuccess

FEBRUARY 8, 2023

It’s an important question to answer, as it can make all the difference in customer retention and long-term success. In this blog post, we’ll explore three different ownership models that help define roles between sales and customer success teams when it comes to customer renewals.

SaaS 71

SaaS Upselling Accountability Sales 71

Nicereply

FEBRUARY 2, 2024

This will, in turn, will help you: Build stronger customer relationships Earn customer trust Improve customer satisfaction Happy and satisfied customers often become advocates who rave about your brand on social media and review sites.

Education 59

Education Accountability Customer retention Journey mapping 59

Totango

AUGUST 21, 2020

An enterprise cannot survive without satisfied customers to support it. This has always been true, but never has it been more true than in the era of customer-centricity that we now live in. Investing in, and effectively managing, customer success is vital to ensuring the long-term stability and growth of your enterprise.

Enterprise 78

Enterprise Customer centricity Accountability Customer advocacy 78

ClearAction

APRIL 13, 2023

Brand Integrity and Your Ideal Customer Lynn Hunsaker Ideal Customer Profiles can be your key to sales velocity, retention, recurring revenue, and CAGR (compound average growth rate). CMOs set expectations for customer acquisition and CCOs assure expectations are delivered for customer retention.

Chief Customer Officer 62

Chief Customer Officer Revenue potential Customer retention Engineering 62

TechSee

JUNE 16, 2022

Eric Esguerra, Vice President, Customer Service & Operations at Miele Canada Ltd. Eric’s favorite motto is “The Customer Experience is Paramount and must be the driving force to any organization.” He has over 20 years of customer service, sales and management experience, with a laser focus on contact centers.

Customer Service 251

Customer Service Chief Customer Officer Contact Center Consulting 251

CustomerSuccessBox

NOVEMBER 2, 2021

The y-axis shows the average revenue per account (ARPA) per year. In the x-axis you can see how many customers you need, for a given ARPA, to get to $100 million in annual revenues. Let’s extend the metaphor to the 4th and 5th types of customers, and call them “mice” and “flies” . And that’s true enough.

SaaS 52

SaaS Customer retention Enterprise Accountability 52

RapportBoost

OCTOBER 20, 2018

23 to discuss how established enterprises can turn their contact centers into profit centers by optimizing conversations, training agents and utilizing augmented intelligence. . – designing a workflow for chat teams’ conversations with customers as well as their interactions with other team members. About RapportBoost.

Contact Center 70

Contact Center Sales Average Handle Time Metrics 70

Totango

FEBRUARY 11, 2022

Relationships with B2B customers tend to be more challenging to manage successfully due to complex requirements, a greater number of stakeholders, and organizational interdependencies. Because of these factors, B2B sales and renewal cycles may be longer than their B2C counterparts. Why Take B2B Customer Experience Seriously?

B2B 107

B2B Customer Experience B2C SaaS 107

Influitive

DECEMBER 3, 2018

Modern B2B enterprises must provide a flawless post-sale customers experience to drive high customer satisfaction and growth.

Sales 64

Sales B2B Enterprise Metrics 64

SmartKarrot

JUNE 28, 2023

A key account means one of your business’ most valuable customers. In fact, a survey by Bain & Company shows that a 5% rise in customer retention results in over 25% surge in profits. Please read on to learn some of the CRM challenges faced by key account managers today. This now becomes a challenge.

Accountability 10

Accountability CRM Management Customer retention 10

Anexa BPO

MARCH 10, 2021

Telemarketing: Reaching out to expand your customer base is a must in order to see growth. Professional telemarketers are expert communicators in sales and promotion, and can help collect quality leads to feed to your sales team and boost conversions. The Pros and Cons of Outsourcing. Why BPO Is the Best Choice.

outsourcing 75

outsourcing Telemarketing Business Process Outsourcing Customer retention 75

CSM Practice

FEBRUARY 24, 2020

1. Average Revenue Per Account (ARPA). The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Average Revenue Per Customer = Total Revenue / Number of Accounts.

Metrics 52

Metrics Upselling SaaS Accountability 52

Totango

JULY 8, 2021

Many of the companies we talk to today all have the same challenge: they are sick and tired of firefighting their customer accounts. Firefighting happens when you don’t have visibility into what is going on in your customer portfolio so you are constantly putting out fires, especially around renewal time.

Upselling 65

Upselling Accountability Customer retention Metrics 65

JustCall

JANUARY 5, 2023

Businesses can use speech analytics for agent training and coaching, identifying any suspicious incidents in legal compliance domain, making your analysis richer, process enhancements, examining the competition and for sales training and development. Some Best Speech Analytics Software.

Analytics 52

Analytics Coaching Call Center APIs 52

Totango

AUGUST 23, 2022

What Are B2B Customer Journey Touchpoints? B2B customer journey touchpoints are occasions when business customers interact with a brand. For example, a website visit, an online sales purchase and a phone support call are all potential customer journey B2B touchpoints. B2B Customer Journey Touchpoints and Your Team.

B2B 115

B2B Journey mapping SaaS Engineering 115

JustCall

NOVEMBER 25, 2022

Users: Customer Service Representative; Industries: Consumer Services; Information Technology and Services; Market Segment : 51% Mid-Market ; 35% Enterprise. aids sales teams in enhancing performance and lowering acquisition expenses. Identifying customer and agent dialogue with sentiment to find optimization opportunities.

Analytics 52

Analytics Cloud contact Coaching Telecommunications 52

Totango

JUNE 28, 2022

The primary mission of a Chief Marketing Officer (CMO) is to foster growth, attract new leads, and increase sales by effectively communicating the value the company’s products and services can provide. Our dimensional health models enable businesses to understand the health of their customers and engage accounts when their health changes.

Accountability 73

Accountability Marketing Best practices Customer retention 73

SmartKarrot

OCTOBER 11, 2022

All your client accounts are not created equal. And a smaller proportion of these accounts probably bring in the most money for your company. As a result, you must pay close attention to these key accounts to maintain and possibly even increase the revenue your business can produce. What exactly can be termed a key account? .

Accountability 10

Accountability Management Enterprise Sales 10

Beyond Philosophy

SEPTEMBER 6, 2016

Marketing consultant and author Robert Tucker has stated, “Companies are often so concerned about attracting new customers that they denigrate their unique value proposition to loyal customers.” showed that 80% of companies spend too much of their marketing budget on customer acquisition. This goes beyond segmentation.

Consulting 186

Consulting Consulting Customer advocacy Sales 186

ChurnZero

JANUARY 18, 2024

The role of the chief customer officer has become an essential function in subscription-based business models such as software-as-a-service (SaaS), where customer retention is paramount and requires executive-level leadership. Hence, the the role of a chief customer officer (CCO) which we define this way.

Chief Customer Officer 52

Chief Customer Officer SaaS Sales Upselling 52

SmartKarrot

OCTOBER 14, 2022

All your client accounts are not created equal. And a smaller proportion of these accounts probably bring in the most money for your company. As a result, you must pay close attention to these key accounts to maintain and possibly even increase the revenue your business can produce. What exactly can be termed a key account? .

Accountability 10

Accountability Management Enterprise Sales 10

Totango

MAY 17, 2021

Product engagement can be considered globally with respect to how often customers use a product in general or on a granular level with respect to how frequently clients use specific features. It can also be considered in terms of account activity. Tracking product engagement can also create sales opportunities. Product adoption.

Management 62

Management Upselling Metrics Accountability 62

Totango

MAY 11, 2021

Stakeholder engagement and management is critical for customer retention. The first step is to identify the key stakeholders for a given account and their roles. Sales and marketing managers. Determine who the stakeholders are for specific accounts. How Do You Optimize Stakeholder Engagement? Financial managers.

Management 84

Management Best practices Journey mapping Metrics 84

Totango

JULY 31, 2020

Customer retention is critical to success in today’s customer-centric economy. Onboarding sets the stage for customer retention by beginning a positive long-term relationship between you and your customer. How SaaS Enterprises Can Streamline New User Onboarding.

SaaS 127

SaaS Healthcare Customer retention Enterprise 127

Totango

FEBRUARY 4, 2020

This represents a shift from bygone eras when growth strategies were more sales-focused. What makes customer-centric growth so valuable for modern enterprises—and how can you create an effective strategy to promote it? What is Customer-Centric Growth? 5 Best Practices for Customer-Centric Growth.

Customer centricity 71

Customer centricity Best practices Upselling Enterprise 71

Totango

NOVEMBER 18, 2020

It is critical that at each phase in the customer success lifecycle, you are engaging your customer with the goal of retaining them. Onboarding is a vital part of this customer retention focus, however, an onboarding process that is too lengthy or complicated can sour customer relationships early on.

Feedback 77

Feedback Best practices Customer retention Enterprise 77

CSM Practice

MAY 28, 2020

Some Customer Success Manager salaries may be undeserved for the work given. A fixed amount is paid with a variable component based on individual Customer Success Manager performance. Incremental and easy to measure targets that are directly related to revenue are set to incentivize Customer Success Manager to exceed their goals.

Best practices 126

Best practices Management SaaS Metrics 126

SmartKarrot

NOVEMBER 2, 2020

Customer retention is very challenging for businesses especially in 2020. The unprecedented times and business environment have made it uncertain for business leaders on what steps to take to retain customers. So, retaining customers becomes necessary for any company to sustain itself in this economic turbulence.

Customer retention 21

Customer retention Consulting Consulting Marketing 21

ChurnZero

FEBRUARY 14, 2023

Some Customer Success metrics are considered standard but there’s often more than meets the eye. Sales and marketing professionals that geek out on metrics can find themselves in deep philosophical debates about the best numbers to track. Nuance: You should use the time period that best matches your business cadence.

Metrics 94

Metrics SaaS Customer retention Construction 94

Totango

AUGUST 18, 2022

By extension, the term is used in SaaS to describe the steps in orienting a new customer on how to start using your software product. Client onboarding procedures typically cover steps such as: Welcoming new customers. Assigning account managers. Activating accounts. Guiding customers through how to use basic features.

Journey mapping 92

Journey mapping SaaS Upselling Enterprise 92

SmartKarrot

OCTOBER 6, 2022

The key responsibility of an account manager is to retain customers and work as an intermediary for the organization’s sales team. They are responsible for growing the company’s revenue by empowering its relations with an existing customer. Who is an Account Manager? Activities of a SaaS Account Manager.

Accountability 10

Accountability Management SaaS CRM 10