SmartKarrot

MAY 28, 2020

In general, SaaS customer retention rates define the percentage of customers your company has retained for a given period. The rate of retention is the reverse or opposite side of the rate of churn, which designates the percentage of clients your company has lost for a specified time. .

Customer retention 10

Customer retention SaaS Upselling Analytics 10

Lumoa

NOVEMBER 29, 2021

The people driving customer experience improvements are not always able to quantify the improvements in monetary terms (determining the ROI of customer experience). Our customer satisfaction increases – so what? If you improve the availability of customer support agents, you certainly know how much it is going to cost.

Customer Experience 103

Customer Experience Metrics Feedback Banking 103

Lumoa

JULY 10, 2018

The people driving customer experience improvements are not always able to quantify the improvements in monetary terms. Our customer satisfaction increases – so what? If you improve the availability of customer support agents, you certainly know how much it is going to cost. Does it increase our revenue or profit?

Customer Experience 121

Customer Experience Metrics Banking Feedback 121

ChurnZero

MARCH 22, 2019

To better understand the impact, we had Rob Belcher, Managing Director at SaaS Capital share benchmarking data from their eighth annual survey of private B2B SaaS companies. We also had You Mon Tsang, CEO and Founder of ChurnZero share tried and true ways to improve customer retention. So here, it’s really all about new sales.

Customer retention 61

Customer retention Upselling SaaS Customer centricity 61

SmartKarrot

JUNE 1, 2021

Ensure that all customer requirements are taken in account from Open to Close and provide all means to secure them during projects. Drive the roadmap, selection and development of Customer Support tools and systems. Responsible for managing the portfolio of existing and future customers across the region.

Best practices 10

Best practices Finance Benchmark Upselling 10

Totango

MAY 7, 2024

If Sales over-promises what the customer can achieve with your product, then CS has been set up to fail when it comes to onboarding. If CS doesn’t have commercial conversations with healthy customers, they’re not setting Sales up to re-enter the conversation and potentially upsell. Use your words Talk to each other!

Sales 87

Sales Upselling Metrics Accountability 87

SmartKarrot

APRIL 23, 2020

There are various other names for customer success manager being used in the industry like Customer Success Engineer, Sales Manager, Customer Success Specialist, others. We notice there is decent overlap with account management, sales and customer support. McKinsey names this as the first version.

Management 10

Management Complaint resolution Customer retention Engineering 10

delighted

MARCH 4, 2020

Consumers experience your brand in many different ways, whether by using your product and interacting with customer support, or through word-of-mouth on channels outside of your control. And with each new interaction, their perception of your brand can change, potentially leading to a new customer or a lost one.

Customer Experience 52

Customer Experience Management Journey mapping Surveys 52

SmartKarrot

JANUARY 12, 2021

Below are costs included in COGS of a SaaS product: Web hosting cost Cost of using third-party services embedded in the product Website development cost Manpower used for production and delivery of the product Customer support and account management cost Professional services cost. What is COGS used for? What is relevant in SaaS?

SaaS 10

SaaS Customer retention Accountability Benchmark 10

delighted

MARCH 4, 2020

Consumers experience your brand in many different ways, whether by using your product and interacting with customer support, or through word-of-mouth on channels outside of your control. And with each new interaction, their perception of your brand can change, potentially leading to a new customer or a lost one.

Customer Experience 44

Customer Experience Management Journey mapping Surveys 44

ProProfs Blog

DECEMBER 21, 2020

Stable customer base results in higher referrals, improved upsell revenue and increased lifetime value (LTV) which further results in improved customer acquisition in future. Needless to say, customer retention is the core value for the growth of any business. Lack of a Great Customer Support.

Surveys 148

Surveys Benchmark Feedback Sales 148

Babelforce

AUGUST 13, 2020

Strong areas of focus include upselling, reduced acquisition costs and customer loyalty. CRM stands for Customer Relationship Management. That can mean one of two different things: CRM is a strategy for improving how a business relates to current or potential customers. What is CRM?

CRM 52

CRM Contact Center Upselling Customer retention 52

Amity

OCTOBER 23, 2018

There is a long list of metrics for each pillar of Customer Success but for the purposes of this post I’ll focus on the key metrics for Customer Success Management and the metrics commonly used for CS as a whole (I’ll save customer support and customer education metrics for another post).

Metrics 76

Metrics Best practices Customer retention SaaS 76

SmartKarrot

OCTOBER 12, 2022

This should be made clear in pre-sale conversations with customers. Account managers do this by cross-selling or upselling more products to existing customers. Research consistently shows that keeping and selling current customers yields a higher return on investment (ROI) than finding new clients.

B2B 10

B2B Accountability Brand ambassadors Customer advocacy 10

NobelBiz

MARCH 23, 2022

Ask the provider the right questions If the contact center solution provider is willing to provide detailed benchmark information, see what they include. Here are some of the questions you should to ask: What kind of process are you providing to support agents? Customer Experience, have always been there.

contact center solutions 52

contact center solutions Contact Center voip call center software 52

Comm100

OCTOBER 11, 2017

Companies with a jointly-owned social media customer service strategy enjoy the following benefits: First Contact Resolution. When your social media support is jointly-owned, customers can rest assured that someone on your social media customer support team is equipped to handle their question, problem or complaint.

Customer Service 47

Customer Service Customer Care Morale Marketing 47

Comm100

FEBRUARY 5, 2018

Nowadays, CRM software allows business to easily manage their relationships with customers and the information associated with them in an online database. Modern CRM software aims to integrate and automate 3 key functions: sales, marketing, and customer support. What are your favorite customer engagement software tools?

CRM 49

CRM Marketing Multichannel Self service 49