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Why is Customer Retention Important for B2B SaaS Business?

CustomerSuccessBox

In fact, that is when the customer journey truly begins. In B2B SaaS you spent anywhere between 1 – 3X times the Annual contract value (ACV) as your Cost of Acquiring the Customer (CAC). The goal should be to renew customers multiple times to lower the acquisition cost and increase profitability. Retail: 63%.

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5 Customer Success KPIs You Should Measure in 2022

CustomerSuccessBox

It is becoming an increasingly ineffective measure in the sense it does not give actionable insights but a good NPS score is still a big Customer Success benchmark. Net Promoter Score is a customer loyalty metric that tells businesses how strong customer relationships are and judge end-to-end experiences.

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How to Design and Track a Customer Account Journey for B2B?

SmartKarrot

It may appear that this only applies to B2C companies that conduct direct sales to customers. However, it also applies to B2B businesses. In the B2B world, the customer experience is crucial for businesses to differentiate themselves in a crowded market. You can foster a customer-centric culture by doing this.

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Infographic: The State of Customer Marketing in 2017

Influitive

In the hyper-competitive world of SaaS products, building relationships with your existing customers is just as important as acquiring new ones—if not more so, since your customers can easily jump from one product to the next if they aren’t satisfied.