JustCall

DECEMBER 7, 2022

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? Sales analytics is the process of generating actionable insights from the sales data.

Analytics 52

Analytics Sales CRM Metrics 52

CustomerSuccessBox

FEBRUARY 28, 2022

The net revenue retention rate which you may also state as the net retention rate in SaaS businesses is an indicator that depicts the profits and the revenue earned by the business. Because a net retention rate above 100% means you are excelling in receiving repeat purchases, upsells, cross-sells, and expansions. Datadog – $1.2B

SaaS 52

SaaS Best practices Enterprise Customer retention 52

SmartKarrot

NOVEMBER 24, 2023

In the dynamic realm of B2B, where every move counts, mastering the art of upselling is no longer a mere choice but a strategic imperative. In this discourse, we’ll unravel seven B2B upsell strategies that, in my experience, work wonders for boosting Net Revenue Retention (NRR) and fortifying customer relationships.

Upselling 10

Upselling B2B Education Analytics 10

Totango

FEBRUARY 9, 2022

The contract renewal stage of the customer lifecycle is a critical component of driving retention for SaaS products. Knowing how to use technology to optimize your contract renewal process can increase your retention rates and your revenue. Contract renewal automation depends on the efficient use of the right technology.

Customer retention 93

Customer retention SaaS Best practices Upselling 93

CustomerSuccessBox

JUNE 20, 2022

Now that you’ve chosen to read this article, I suppose you are already aware of the weightage that the Customer Success function holds for your SaaS business. Under all the fancy showbiz lies the fact that running a SaaS business is very challenging. Benefits of having a Customer Success Software for your SaaS business-.

Upselling 52

Upselling SaaS CRM Multi-channel support 52

CustomerSuccessBox

APRIL 11, 2019

A lot of Customer Success leaders and Founders I have talked to since starting at CustomerSuccessBox have been confused about what customer tech stack to use at their SaaS businesses. Some think that a CRM should suffice whereas others want to build their own dashboards on top of analytics tools.

Upselling 80

Upselling CRM SaaS Customer advocacy 80

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. SaaS businesses, meanwhile, benefit from predictable streams of recurring revenue.

Chief Customer Officer 52

Chief Customer Officer SaaS Sales Upselling 52

CSM Practice

DECEMBER 7, 2020

Board members work in areas spanning on-premises technology, Software-as-a-Service (SaaS), and advisory services. SaaS companies, in particular, need to develop and implement effective customer success strategies to drive renewals and upsells. Irit Eizips also sits on the Board.

Chief Customer Officer 81

Chief Customer Officer Upselling SaaS Consulting 81

CSM Magazine

AUGUST 24, 2023

Running a profitable business nowadays requires not only a marketable product but also advanced technologies to streamline the sales process. Expanding a sales team is a relic of the past, and shrewd common sense points to advanced technologies as the optimal variant. What is “Configure Price Quote”? Time-consuming and tedious process.

Sales 52

Sales SaaS Upselling Analytics 52

Totango

MARCH 26, 2021

Today’s Customer Lifecycle Is Technology-driven. As the concept of the customer lifecycle has developed, understandings have changed under the influence of technology. In this article, we’ll paint a full picture that incorporates the latest technology and provides actionable advice for optimizing each stage of the customer lifecycle.

SaaS 66

SaaS Best practices Upselling Education 66

ChurnZero

JANUARY 25, 2024

With technology advancing and customer expectations rising, customer success has become an essential force driving business growth and customer loyalty within the SaaS industry. Skillset 3: Customer-centric consulting While new technology fuels efficiency, the heart of CS remains in understanding and anticipating customer needs.

Education 52

Education Upselling Consulting Consulting 52

Totango

AUGUST 9, 2022

While customer segmentation predates digital technology, segmentation today relies heavily on digital databases and data analytics. Data analytics allows stored information to be scanned for patterns that reflect useful business intelligence. Databases store customer data in organized categories for efficient retrieval and use.

Best practices 99

Best practices B2B Journey mapping Upselling 99

ChurnZero

FEBRUARY 17, 2021

Technology Services Industry Association (TSIA) has a library of 751 business challenges, which represent specific issues about which members go to seek assistance, guidance, or direction on. ChurnZero Resource: Churnopedia – SaaS Metrics. Customer Success Technology. TSIA Resource: Customer Success Technology Stack.

Best practices 78

Best practices Upselling Analytics SaaS 78

CustomerSuccessBox

MAY 18, 2022

A dedicated AI-powered customer success platform aiding SaaS firms to onboard, retain, upsell and drive MRR. If you are on the verge of reading everything about SaaS, this is the place for business leaders, and SaaS founders including customer success specialists to learn about customer success, growth strategies, and much more!

SaaS 52

SaaS Upselling Education Customer retention 52

CustomerSuccessBox

FEBRUARY 23, 2022

You’ve made the decision to start a Customer Success department at your B2B SaaS company. Optimize your Frameworks and Analytics. These two are the pillars of successful customer success functions: analytics and frameworks. This is due to the fact that technology changes on a daily basis. Congratulations!

Journey mapping 52

Journey mapping SaaS Upselling Accountability 52

CustomerSuccessBox

NOVEMBER 2, 2021

Christoph Janz, a SaaS enthusiast, and a Venture Capitalist had published a brilliant article way back in 2014. It was meant for SaaS companies. Most of the biggest SaaS businesses grow by selling expensive subscriptions to large enterprises ” Christoph Janz. This allows you to sync your data from your SaaS platforms in minutes!

SaaS 52

SaaS Customer retention Enterprise Accountability 52

CustomerSuccessBox

JUNE 22, 2021

A SaaS customer goes through onboarding, retention, and upsell.At Account Health is the data driven way of measuring who’s getting value and who’s not, who you need to pay attention to, who might be at the risk of churning and who on the other hand, might be sitting on an opportunity where you can not likely upsell. .

Accountability 52

Accountability Upselling B2B SaaS 52

CSM Practice

FEBRUARY 24, 2020

Investors use ARPA to evaluate and compare company performance and identify which SaaS solutions generate low or high income. Gross Revenue Retention (GRR) is the amount of revenue retained minus the revenue lost due to churn and downsell without considering the impact of cross-sells, upsells, or an increase in prices.

Metrics 52

Metrics Upselling SaaS Accountability 52

CustomerSuccessBox

SEPTEMBER 2, 2021

An average SaaS business spends 92% of their first-year revenue on customer acquisition. B2B SaaS companies determine the CAC by two major components. In SaaS businesses, CAC is usually compared to a customer’s lifetime value (LTV). In the SaaS industry, your product goes through various updations. What is a good CAC?

SaaS 52

SaaS Metrics Advertising Sales 52

ClientSuccess

APRIL 17, 2019

Jay Nathan , Founding Partner and Managing Director of Customer Imperative , which helps B2B SaaS companies services to help them grow and scale customer success, from analytics to strategy to execution. Prior to founding Customer Imperative in 2017, Jay spent over 15 years in the B2B SaaS / software space.

SaaS 45

SaaS B2B Upselling Engineering 45

JustCall

MARCH 7, 2023

Integrating these AI solutions with the organization’s existing technology helps to collect holistic data and centralize it for maximum visibility. This may include site analytics, sales call data, buyer signals, and so on. All this is done through revenue intelligence solutions or software. Revenue Intelligence Software: What and How?

CRM 52

CRM Metrics Sales Finance 52

ChurnZero

AUGUST 14, 2020

Product Analytics Software. What is product analytics software? Product analytics software tracks user engagement with your product including page and feature events. Subscription billing software manages recurring billing and payments for products and services along with accounting and analytics. Who owns it?

CRM 87

CRM Finance Upselling Accountability 87

ClientSuccess

APRIL 17, 2019

Jay Nathan , Founding Partner and Managing Director of Customer Imperative , which helps B2B SaaS companies services to help them grow and scale customer success, from analytics to strategy to execution. Prior to founding Customer Imperative in 2017, Jay spent over 15 years in the B2B SaaS / software space.

SaaS 40

SaaS B2B Upselling Engineering 40

CustomerSuccessBox

MARCH 28, 2022

Most SaaS firms see Customer Success as a necessary evil. If they do, you’ll have more revenue in the form of renewals, upsells, etc. So, customer success is the ‘growth hack’ that your SaaS firm is looking for! So, customer success is the ‘growth hack’ that your SaaS firm is looking for! However, it’s a growth strategy!

Calibration 52

Calibration SaaS Customer retention Construction 52

CSM Practice

FEBRUARY 24, 2020

It is the job of the customer success team to maximize engagement with your technology or services in order to drive value for the customers. This can be done by tracking actionable customer usage metrics and using adoption analytics to shape the customer experience at different points in their life-cycle journey. 2. Active Users.

Metrics 52

Metrics Education Upselling SaaS 52

Mindtouch

OCTOBER 23, 2017

A flood of technological innovation has improved support experiences to bolster renewal rates and customer loyalty. Software-as-a-Service (SaaS) companies are valued much higher than their on-premise software peers for this reason. Renewals and upsells matter more. The race to automate customer support is already underway.

Self service 65

Self service Upselling SaaS Customer Support 65

Totango

AUGUST 21, 2020

SC: (Reference Slide below) This journey didn’t start with technology, it never should, it started with bringing all the LoBs together to do the hard work of harmonizing people and processes, driving standardized playbooks and change management supporting these critical People / Process components. What data is used?

Upselling 115

Upselling Accountability Metrics SaaS 115

CustomerSuccessBox

MARCH 31, 2022

With the tremendous growth in the SaaS industry, the job role of a Customer Success Manager (CSM) has become one of the most promising careers! In this highly competitive SaaS market, it is the customer success manager who elevates the company’s growth. SKILL #5 Analytical Skills. They don’t leave anything to chance.

Management 52

Management SaaS Accountability Upselling 52

CSM Practice

FEBRUARY 12, 2020

As SaaS businesses gain traction and customers begin to adopt their solution at scale, the next step is to drive customer expansion. Since existing customers are usually more willing to buy, companies typically offer additional solutions and features in the form of upsells and cross-sells. Thinking Ahead.

Upselling 52

Upselling Customer centricity Sales Accountability 52

TeamSupport

JUNE 15, 2020

Please tell us about your role and the team/technology at TeamSupport. Helpful when upselling opportunities exist and to improve retention. Your technology fills the gaps between Data Analytics and Intelligence, and Communications. What kind of infrastructure does one need to leverage your technology?

B2B 64

B2B Self service B2C Customer Support 64

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. In dollar value, this can result in significant potential revenue loss, especially for large technology companies.

Benchmark 40

Benchmark SaaS Journey mapping Analytics 40

CSM Practice

FEBRUARY 24, 2020

Investors use ARPA to evaluate and compare company performance and identify which SaaS solutions generate low or high income. Gross Revenue Retention (GRR) is the amount of revenue retained minus the revenue lost due to churn and downsell without considering the impact of cross-sells, upsells, or an increase in prices.

Metrics 52

Metrics SaaS Customer retention Upselling 52

CSM Practice

FEBRUARY 24, 2020

Investors use ARPA to evaluate and compare company performance and identify which SaaS solutions generate low or high income. Gross Revenue Retention (GRR) is the amount of revenue retained minus the revenue lost due to churn and downsell without considering the impact of cross-sells, upsells, or an increase in prices.

Metrics 52

Metrics SaaS Customer retention Upselling 52

AWS Machine Learning

NOVEMBER 15, 2023

Principal is conducting enterprise-scale near-real-time analytics to deliver a seamless and hyper-personalized omnichannel customer experience on their mission to make financial security accessible for all. The CCI Post-Call Analytics (PCA) solution is part of CCI solutions suite and fit many of the identified requirements.

Analytics 110

Analytics Interactive Voice Response Average Handle Time Contact Center 110

Nicereply

APRIL 30, 2020

Cross-sell & Upsell, but first, answer the query. One of the good upselling models could be to offer the try something for free (limited time). Here comes a good upselling option. Depending on your saas pricing model , you could offer the user a temporary up his package like a compensation (for example, for 2 days).

Sales 69

Sales Customer Service Upselling CRM 69

CSM Practice

SEPTEMBER 25, 2020

06:27 – Nick’s overview of cross-selling and upsell trends for existing customers. See the full survey results here : I mean we’ve done a survey back in April and closed at mid-May and we showed about 50% of the SaaS companies reduced their forecast or new business deals. The Interview: . 21:31 – Wrap Up. Nick Mehta (6:25).

Upselling 85

Upselling Surveys Chief Customer Officer Consulting 85

CSM Practice

APRIL 13, 2021

To add, a CSM has to have superior analytical skills to plan, execute, and lead a project successfully. Identifying opportunities for upselling and cross-selling is one thing a CSM must deliberately focus on to implement proactive expansion selling. Establishing a strong relationship is a vital skill that the CSM must embrace.

Management 52

Management Customer retention Upselling Accountability 52