Remove Customer retention Remove eBook Remove Management Remove Upselling
article thumbnail

Ready to Boost Customer Retention? 3 Tips That Can Help! 

ClientSuccess

Over the years, customer success manager roles have expanded to include many different responsibilities. Bridging the gap between customers and a product team is critical, from managing customer implementations to ongoing account maintenance. Keep tabs on customer satisfaction and account health. .

article thumbnail

Differentiating Customer Success and Support

ClientSuccess

In addition, customer success is focused on building long-term relationships with customers and helping them achieve ongoing success. Unlike customer support, which is reactive, customer success is proactive. Customer success managers work with customers to identify and help them achieve their goals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

5 Effective Customer Retention Tips to Implement

ClientSuccess

Here’s a quick look at some effective strategies to keep your existing customers happy. Closely monitor customer health metrics on a regular basis. . Sam Fiel, Customer Success Manager at ClientSuccess, defines customer health as “the current state of customer satisfaction after a given engagement (i.e.

article thumbnail

3 Things You Need to Know About Measuring and Boosting Customer Net Retention

ClientSuccess

One of the most critical associated metrics with net retention is net revenue retention, which is the total recurring revenue retained year over year, including everything from renewals to upsells to expansions. Customer retention is the responsibility of more than just the CSM team. Want to learn more?

SaaS 69
article thumbnail

Evaluating Who Should Own Saas Renewals

ClientSuccess

It’s an important question to answer, as it can make all the difference in customer retention and long-term success. In this blog post, we’ll explore three different ownership models that help define roles between sales and customer success teams when it comes to customer renewals.

SaaS 71
article thumbnail

What is Customer Lifetime Value?

Babelforce

How to calculate Customer Lifetime Value. Use the equation illustrated below to calculate your Customer Lifetime Value: Why it matters to know your CLV. Top management often likes to know the profitability of a company in the future, but at a moment’s notice. The first metric that tells all is Customer Lifetime Value.

article thumbnail

Why Applying the Golden Rule to Customer Success Efforts Works

ClientSuccess

Regularly monitor customer performance and identify opportunities for improvement. Measure customer success metrics for meaningful insights. Focus on customer retention and long-term ROI. Learn more about building customer loyalty in this ebook. 8 Ways to Apply the Golden Rule in Customer Success.