Remove Benchmark Remove Customer retention Remove Definition Remove SaaS
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What is a good User Adoption Rate for your SaaS business?

CustomerSuccessBox

For a SaaS business, product adoption is one of the leading indicators of a successful and growing business. According to Harvard Business Review , it costs 5 to 25 times more to acquire a new customer than keep an existing one. Reflecting on the fact that customer retention is the backbone of SaaS.

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Q&A: Understand the Growth and Retention Metrics of SaaS Companies from Recent Surveys and M&A Activity

ChurnZero

It is no secret that customer churn hits recurring revenue businesses hard, but what’s its real impact on their long-term health and valuation? To answer that and more, we invited SaaS Capital’s Managing Director, Rob Belcher, and Software Equity Group’s Managing Director, Allen Cinzori, to join us for a webinar. Q&A Recap.

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The Ultimate Client Onboarding Checklist for CS Teams

Totango

A Customer Onboarding Checklist for Successful CS Teams. A lot goes into crafting the ideal onboarding process for SaaS products. You need to clearly demonstrate the ins and outs of your software to ensure your customers know how to use it and how to employ it effectively in the pursuit of their enterprise’s unique needs and goals.

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Everything You Want to Know about Gross Revenue Retention in SaaS

SmartKarrot

Have you ever heard a C-Suite executive say that he/she is okay with losing out on a few customers every month? The reason for that is customer retention is highly crucial for SaaS companies because – . Retaining a customer is a better thing to do than acquiring new ones. What is customer retention?

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The good stuff on Customer Success you should be reading

Amity

The misconception with SaaS is that there is no longer a need for a team of this nature in today’s organization. And to achieve this, Customer Support is now Customer Success. Still, expectation gaps remain, Customer Success by definition is still in its infancy, processes are immature and confusion reigns.

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What is a Customer Success Manager?

CSM Practice

The job is crucial for the company since they have to value customer concerns about the product or services and communicate them to the company. A customer success manager is responsible for various core functions such as customer retention and expansion selling ; hence, they should be vigorous in customer handling skills.

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What Is Cost of Goods Sold (COGS) for SaaS? Where Does Customer Success Fit?

SmartKarrot

And when it comes to the software industry, SaaS COGS is comparatively one of the least ones, leaving a large scope for lucrative profit margin. But the SaaS industry, despite being product-based, has interesting information to reveal. Ideally, SaaS margins should be in a range of 80 to 90%. What is COGS used for?

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