Totango

OCTOBER 8, 2020

Customer retention is the continuation of a valued service. In B2B terms, it is still possible to maintain your customer relationship and even improve customer retention during uncertainty, but you will need to focus on five key steps: Understand Your Customer. Listen to Your Voice of Customer Programs.

Customer retention 63

Customer retention B2B Enterprise Best practices 63

Totango

MAY 19, 2020

The continuing COVID-19 health crisis may well produce a recession that has a significant impact on the Software-as-a-Service (SaaS) industry. No one is certain how this will change the long and short-term behaviors of customers, lenders, and enterprises in a SaaS world. Create a Community for Sharing Best Practices.

SaaS 77

SaaS Best practices Enterprise Finance 77

Totango

JULY 21, 2020

One of the most important ways to reduce churn and stay relevant to your customers is to make sure your team is as flexible and agile as possible. The current COVID-19 pandemic has not been kind to many industries, and SaaS is no exception. In March of this year, SaaS stocks reached a 20 percent decline from their selling highs.

SaaS 65

SaaS Calibration Enterprise Customer retention 65

Totango

JUNE 26, 2020

COVID-19’s effect on customer churn may have already begun, but there is still plenty you can do to increase customer engagement and retain the customers you have worked hard to win. Lean on Customer Data Segment Your Customers Be Proactive Communicators Be Flexible Revisit Goals and Success Points.

SaaS 93

SaaS Customer retention Best practices Telecommunications 93

Totango

JANUARY 17, 2019

Customer retention is vital to the health of your business. In order to run a successful enterprise, you have to think in terms of customer growth and expansion. The digital transformation of business has given customers more choices and greater freedom from long-term arrangements.

SaaS 74

SaaS Enterprise Customer retention Upselling 74

Totango

APRIL 24, 2020

In customer retention, every engagement counts. Rather, customer retention for SaaS enterprises is a result of the customer experience. Why Customer Retention Matters. The digitization of business has made customer retention the lifeblood of the Software-as-a-Service industry.

Best practices 83

Best practices Customer retention SaaS Enterprise 83

Totango

JUNE 24, 2022

Customer success in SaaS differs from CS in other industries. The software service industry presents unique challenges for customer success management while also creating unique opportunities that call for specific strategies. Read on to learn the keys to effective customer success for SaaS clients.

Best practices 104

Best practices SaaS Journey mapping B2C 104

Totango

SEPTEMBER 6, 2022

A quarterly business review (QBR) gives you four opportunities per year to showcase the value your product delivers to customers. For a SaaS company, an excellent QBR strategy can help you ensure you’re providing a product experience that will make customers want to renew their subscription during renewal time.

SaaS 107

SaaS Technical Support Benchmark Accountability 107

SmartKarrot

JUNE 4, 2020

Looking for some useful SaaS account management tips? To achieve the following, you must need SaaS account management best practices. Here are 7 such practices that will fetch you a Zero Churn: Discover Account opportunities via Review meetings. appeared first on SmartKarrot l Comprehensive Customer Success.

Best practices 10

Best practices SaaS Accountability Management 10

Totango

MARCH 26, 2021

As the concept of the customer lifecycle has developed, understandings have changed under the influence of technology. Some information is out-of-date, while some presentations give a partial perspective on the customer lifecycle. In this stage, the customer gets set up with your SaaS product so they can begin using it.

SaaS 66

SaaS Best practices Upselling Education 66

CSM Practice

DECEMBER 19, 2021

Best practices for building a CS tech stack. Answer the following questions and you’d naturally find the best practice that suits your business. . Usually, the SaaS business growth is categorized into 3 phases: . Building (spreadsheet) phase- This stage is characterized by a lower volume of customers.

CRM 98

CRM Brand ambassadors Best practices SaaS 98

Totango

OCTOBER 20, 2022

Hiring team members with the right customer success manager skills is critical for the effectiveness of your CS team and strategy. We’ll cover these below, along with five best practices to follow when bringing a new customer success manager aboard your team. What Is a Customer Success Manager (CSM)?

Management 92

Management Upselling Coaching Best practices 92

CSM Practice

FEBRUARY 24, 2020

Out of the myriads of customer data that can be measured, in this blog, I will emphasize the most important customer success metrics you need to focus on based on best practices. Remember, most customer success metrics fall into one of these four main categories: Customer Financial Metrics.

Metrics 52

Metrics Upselling SaaS Accountability 52

CustomerSuccessBox

JUNE 21, 2022

The general agreement is that successfully onboarding a customer on a B2B SaaS platform involves ensuring the customer knows how to use your product. Yet, it’s often easy said than actually done, especially, when you’re looking for Customer Onboarding at Scale. Final thoughts on Customer Onboarding at scale!

Education 52

Education Customer retention Sales B2B 52

CustomerSuccessBox

MARCH 28, 2022

Most SaaS firms see Customer Success as a necessary evil. Customers buy your product to achieve their goals. It is the responsibility of the customer success team to ensure that a customer makes a repeat purchase. So, customer success is the ‘growth hack’ that your SaaS firm is looking for!

Calibration 52

Calibration SaaS Customer retention Construction 52

ChurnZero

JUNE 10, 2020

Across all industries, somewhere between 20%-70% of newly acquired customers will stop doing business with a company with their first 100 days of being a new customer because they feel neglected in the early stages of customer onboarding. The Startup’s Guide to Customer Success: How to Champion the Customer at Your Company.

SaaS 69

SaaS Upselling Sales Customer emotions 69

ChurnZero

JUNE 12, 2020

As its own function, Customer Success Operations can advance strategy initiatives around the customer experience as well as manage renewal forecasts, data analytic systems, and process implementation. When should I add Customer Success Operations? A candidate does not need a background in Customer Success.

SaaS 80

SaaS Metrics Customer retention Analytics 80

CSM Practice

JANUARY 13, 2021

“It costs five times as much to acquire new customers than it does to keep existing ones” is a saying that only begins to scratch the surface of why renewals are so important. In the SaaS world, where revenue generation and business growth depends on the customer’s decision to renew, the customer renewal process demands even more attention.

SaaS 98

SaaS Customer centricity Accountability Education 98

SmartKarrot

MAY 20, 2021

This blog will sail through what is meant by omnichannel customer experience, its top benefits, and best practices too. What is Omnichannel Customer Experience? Just like the word suggests, omnichannel starts with being present and accessible to the customers so that they engage with you seamlessly.

Best practices 11

Best practices Customer Experience SaaS Accountability 11

CSM Practice

FEBRUARY 24, 2020

Out of the myriads of customer data that can be measured, in this blog, I will emphasize the most important customer success metrics you need to focus on based on best practices. Remember, most customer success metrics fall into one of these four main categories: Customer Financial Metrics.

Metrics 52

Metrics SaaS Customer retention Upselling 52

CSM Practice

FEBRUARY 24, 2020

Out of the myriads of customer data that can be measured, in this blog, I will emphasize the most important customer success metrics you need to focus on based on best practices. Remember, most customer success metrics fall into one of these four main categories: Customer Financial Metrics.

Metrics 52

Metrics SaaS Customer retention Upselling 52

ChurnZero

FEBRUARY 4, 2022

We cover: How does customer success work with investors? How to visualize the financial value of customer satisfaction. Best practices to better engage your investors and board. Investors don’t care about support volumes, response times, customer ratios, or any of those secondary-level number,” says Kristen.

Metrics 98

Metrics Consulting Consulting Best practices 98

Amity

APRIL 25, 2016

VP of Customer Success and Business Operations - Gainsight. Follow her weekly blog posts on Customer Success best practices. Director of Customer Success Education - CSM Practice. Dan is a recognized domain expert in Customer Success especially in a startup environment and in SaaS. Dave Blake.

SaaS 96

SaaS Chief Customer Officer Consulting Consulting 96

CustomerSuccessBox

AUGUST 3, 2021

In this era of SaaS and subscription businesses, getting the user to buy your product is only the beginning of a long journey ahead. During the entire process with the customer, pre-sales and post-sales, there is a need for a close relationship between Customer Success and Sales. Know Your Customer’s Pain Points.

Sales 52

Sales SaaS Best practices Customer retention 52

ProProfs Blog

NOVEMBER 9, 2021

And to keep such risks at bay, you must find out how to measure customer satisfaction to analyze whether your company will perform well in the future or not. . (A A common picture of the present time) – Most companies take customer satisfaction seriously but unfortunately, not everyone is successful.

Surveys 146

Surveys Feedback Metrics Customer retention 146

Education Services Group

OCTOBER 4, 2022

Best practice is to name segments based on their defining characteristics like Enterprise, Mid-Market, Growth, SMB, and Emerging. Like a SaaS text message company the ESG team recently worked with, whose engagement tiers are primarily based on product usage. However, it’s well worth the effort in the long-run.

Best practices 52

Best practices Finance Enterprise B2B 52

ChurnZero

OCTOBER 22, 2020

When it comes to customer retention, there’s business-altering revenue at risk. The role of Customer Success in keeping SaaS companies alive is too substantial to wing it by relying on a homegrown solution that accounts for a fraction of an outsourced product’s functionality.

CRM 59

CRM Customer retention Technology Best practices 59

Education Services Group

JANUARY 19, 2021

Last year, we, along with our CS friends at ChurnZero and Higher Logic, embarked on an ambitious project to check-in with the CS community as a whole and find out more about the industry’s current place in SaaS business and uncover the trends influencing its growth. We are proud to present the Inaugural Customer Success Leadership Study !

Finance 52

Finance SaaS Benchmark Surveys 52

Totango

NOVEMBER 5, 2021

During the live presentation of the webinar, Harmon and Chu answered several questions from attendees about how they managed this feat. But for our Tier Two customers – and some Tier Three – we’re leveraging the QBR using some third-party tools to create digital QBRs where we feed information that we would normally put into a QBR deck.

Journey mapping 112

Journey mapping Accountability Marketing Metrics 112

Totango

DECEMBER 3, 2020

By maintaining loyal customers, you can increase customer value and put clients on the road toward brand advocacy. Net Retention (Cited by 66% of Respondents): For SaaS companies and other subscription based businesses, customer retention is absolutely essential.

Upselling 64

Upselling Accountability Enterprise Metrics 64

Education Services Group

MAY 6, 2021

They pay the bills for the company, as nothing happens until a sale is made and a customer comes through the doors. During the sales process, a narrative is presented to the customer about your product, your service, and expectations about their experience. Everyone loves the sales team. Think of it, you’ve done the impossible!

Accountability 92

Accountability Construction SaaS Sales 92

Kayako

NOVEMBER 10, 2016

Why worry about churn when you can just get new customers? New SaaS companies are obsessed with growth. Without after sales service or customer care, you’ll hit a point where the revenue you lose has greater impact the bigger you get. Churn is the term for customers asking to stop their subscription, or customer attrition.

SaaS 68

SaaS Customer retention Morale Accountability 68

SmartKarrot

OCTOBER 3, 2022

Role: Senior Director of Customer Success Location: Washington DC-Baltimore Area, US (Hybrid) Organization: TitanHouse As a Senior Director of Customer Success, you will establish and adhere to best practices in SaaS Customer Success. Recruit, hire, mentor and coach Customer Success team members.

Upselling 19

Upselling Coaching Best practices Consulting 19

LiveChat

JANUARY 3, 2019

Let me proudly present a list of 12 killer posts we’ve published this year on LiveChat Blog. Shopify customer service – best practices to implement in your business. Chatbots are no longer a trend; they are a customer service tool that can do miracles (when in good hands). To be precise, we had 84,828 views total.

Chatbots 59

Chatbots B2B SaaS B2C 59

Totango

NOVEMBER 5, 2021

During the live presentation of the webinar, Harmon and Chu answered several questions from attendees about how they managed this feat. But for our Tier Two customers – and some Tier Three – we’re leveraging the QBR using some third-party tools to create digital QBRs where we feed information that we would normally put into a QBR deck.

Journey mapping 86

Journey mapping Accountability Marketing Metrics 86

ChurnZero

NOVEMBER 30, 2018

Every SaaS organization needs Customer Support and Customer Success functions. But what I really like, that I think is very telling, is something we at HubSpot call, customer dollar retention. It’s basically your customer retention rate, which you can get through churn rate and a little bit of SaaS math.

Customer Support 49

Customer Support SaaS Best practices Metrics 49

ChurnZero

JUNE 17, 2022

She collaborates with CS leadership to create internal learning paths that align with ChurnZero’s CS philosophy, processes, and best practices. Customer cohorts set your metric baselines. Compare your customer’s time in app against customers in similar onboarding journeys (past and present).

Metrics 98

Metrics SaaS Surveys Self service 98