Remove B2C Remove Customer retention Remove SaaS Remove Upselling
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These 20+ Statistics Say Customer Support Drives Revenue

aircall

These customer support statistics tell that revenue-related story. Poor Customer Support Stalls Growth. Nothing scares away future revenue quite like a reputation for subpar customer service. 66% of B2B customers and 52% of B2C customers have stopped buying from a company following a bad service interaction.

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Top Customer Success Trends and Customer Success Budgeting for the year 2021

CustomerSuccessBox

But, the year 2020 has seen a boom in the Customer Success space, as a lot of SaaS businesses are now identifying Customer Success as a strong business imperative. The companies have realized the importance of customer success in an overall increase in revenue and profitability. Identifying Goals for Customer Success.

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7 Great Customer Engagement Ideas

Totango

Another way to apply personalization to engagement is to offer customers promotions based on their history, needs and behaviors. By tying your cross-sell and upsell offers into your customers’ actual use of your product, you not only increase engagement, but you increase the attractiveness of your offers, helping boost your revenue.

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The Age of Online Communities: How to Create Branded Communities and Why You Should Bother

CSM Magazine

Richardson’s definition, while revolutionary for its day, has become commonplace in today’s customer-centric world and has made the move from residing purely on the side of B2C to encompassing the B2B sphere too. Gone are the days of static one-sided advertising that speaks at the customer. Growing Customer Retention.

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Top 5 Growth Marketing Strategies for SaaS Products

SmartKarrot

And this is even more difficult when it comes to companies that offer SaaS products. One of the main reasons for this is that the market is already flooded with competitors, many of whom compete for customers’ already limited attention in both B2B and B2C environments. Top 5 Growth Marketing Strategies for SaaS Products.

SaaS 12
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Differences between Key Account Management and Customer Success

Kapta Customer Success

Any company in a B2B industry can use a Key Accounts Management strategy, although it’s most popular with service or SaaS (Software as a Service) companies. The principles can be applied any company that works with large organizational customers, but cannot be applied in B2C industries. Customer Lifecycle.

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Best sales analytics tools to grow your business

JustCall

This means how much potential revenue a customer can contribute for the time they remain a paying customer with the company. When the average contract value exceeds or equals the customer lifetime value, it signifies a high churn rate. This makes it imperative to ramp up customer retention efforts.