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Insider hot takes: CS & Sales synergize to unleash predictable growth

Totango

This would establish shared accountability for net revenue retention (NRR) and ensure that all functions are incentivized to focus on long-term customer success. This approach results in stickiness and retention that generate ongoing revenue potential.

Sales 108
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Maximizing Revenue through Account Mining: What Your Playbook Should Include

SmartKarrot

Account mining, or the practice of deepening relationships with existing customers to upsell or cross-sell, is the gold standard for sustained business growth. Rather than endlessly chasing new leads, why not maximize revenue from those already in the fold? Maximizing revenue is tightly bound to efficient account mining.

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8 Key Account Management Processes for Sustainable Business Growth

SmartKarrot

In today’s highly competitive business landscape, managing and nurturing key accounts has become a critical aspect of organizational success. Key Account Management (KAM) is a strategic approach that focuses on developing long-term, mutually beneficial relationships with a select group of high-potential customers.

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3 Things That Happen When You Level up Your Customer Strategy from Mystery Shopping to a CX Program

inmoment

In a world where e-commerce is constantly evolving, more and more traditional quality assessment strategies are becoming obsolete. Your organization needs an all-encompassing customer experience (CX) strategy that grants you peripheral views of customer service shortcomings, as well as insights into the most critical lines of your business.

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When Should You Upgrade CS Software?

Totango

An optimized upsell strategy uses customer data to monitor when customers are in the market for upsell offers, as well as when customers are dissatisfied and in need of attention before they’ll be in the market for an upsell. The more often this occurs, the more obstacles you face implementing your CS strategy.

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The Importance of Customer Success Segmentation

ChurnZero

Taking a one-size-fits-all approach to customer engagement isn’t the best strategy. Because organizations cannot afford to lose their largest customers, they default to prioritizing accounts with high ARR. This can come into play with product or service development, marketing, and Customer Success. Every customer is different.

SaaS 96
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What Is Business Forecasting? (and How to Increase Your Forecast Accuracy)

Babelforce

Market trends and external conditions such as climate, community, politics, populations, national income, etc., General business forecasting will read these future conditions and predict any potential changes affecting the business. Demand forecasting determines customer or market demand for a service or good in the future.