Totango

APRIL 5, 2022

The number of NPS software providers has proliferated as the importance of tracking Net Promoter Score (NPS) has been realized by a growing number of enterprises. The best NPS software lets you: Automatically track customer satisfaction. Accurately predict customer retention , brand growth and revenue.

Upselling 102

Upselling Surveys Analytics Customer retention 102

Totango

FEBRUARY 4, 2020

What makes customer-centric growth so valuable for modern enterprises—and how can you create an effective strategy to promote it? What is Customer-Centric Growth? Customer-centric growth puts customers at the heart of your business strategy. 5 Best Practices for Customer-Centric Growth.

Customer centricity 71

Customer centricity Best practices Upselling Enterprise 71

Totango

OCTOBER 6, 2020

Fulfilling a proactive role, customer success focuses on problem prevention and creates value by enabling clients to achieve business goals. Customer support is reactive and acts as a resource for clients to use when they encounter specific technical issues and need help. . Personalized Expansion Opportunities.

Customer Support 106

Customer Support Customer advocacy Construction Enterprise 106

JustCall

OCTOBER 4, 2023

Common Causes Behind Customer Churn Did you know that it costs almost 7X more to acquire new customers? Lost customers equal to lost revenue. Don’t let your customer experience become a cost center, when it can serve as a powerful channel for upselling and cross-selling opportunities.

Customer retention 52

Customer retention Feedback Upselling Sales 52

Totango

FEBRUARY 4, 2020

What makes customer-centric growth so valuable for modern enterprises—and how can you create an effective strategy to promote it? What is Customer-Centric Growth? Customer-centric growth puts customers at the heart of your business strategy. 5 Best Practices for Customer-Centric Growth.

Customer centricity 62

Customer centricity Best practices Upselling Enterprise 62

Totango

SEPTEMBER 13, 2022

For example, you can have a different playbook script for customers with low satisfaction scores versus those with high satisfaction scores. In this way, you can develop multiple playbooks deployed based on what an individual customer is doing, leveraging data segmentation to deliver personalized success outcomes to your clients.

SaaS 87

SaaS Upselling Best practices Customer retention 87

Totango

AUGUST 18, 2022

Client onboarding procedures typically cover steps such as: Welcoming new customers. Personalizing dashboard interfaces. Guiding customers through how to use basic features. Describing where to access self-service and customer support tools. Invest in customer success software to optimize your customer success workflow.

Journey mapping 93

Journey mapping SaaS Upselling Enterprise 93

Totango

JUNE 4, 2021

We’ll show you how to multiply opportunities for engagement through strategies such as personalization, in-app messaging, customized promotions and loyalty programs. Incorporate Personalization into Automated Messaging. Incorporate Personalization into Automated Messaging. Reward Customer Loyalty.

B2C 62

B2C Upselling Journey mapping B2B 62

Totango

DECEMBER 3, 2020

CS professionals now attest that their bonus structures are tied to company performance, renewals, net retention, upsells, and account health. . They are becoming standard because companies are increasingly recognizing how CS technologies can reduce churn and generate revenue by improving the customer experience.

Upselling 64

Upselling Accountability Enterprise Metrics 64

TechSee

JUNE 16, 2022

At Miele, Eric is also accountable for the management of escalation departments, offline processes, e-care solutions, national call center consolidation, multi-product services, upselling / cross selling and re-defining the consumer experience. He also sits on the board of Directors for CSPN. Follow on LinkedIn. Follow on LinkedIn.

Customer Service 251

Customer Service Chief Customer Officer Contact Center Consulting 251

Totango

JANUARY 4, 2019

‘Customer-centric’ no longer just refers to a marketing strategy—it’s a whole economy. Customer expectations and demands on enterprises have never been so high, or so personal—especially for SaaS companies who are at the forefront of both the modern wave of technology and the new customer-centricity business model.

Customer centricity 79

Customer centricity SaaS Marketing Enterprise 79

Totango

JULY 13, 2021

You can order dresses from eShakti, customized down to the neckline, sleeve and length, all with a few taps on a screen. Businesses need a new strategy for customer success growth. In order for your enterprise to survive this shift to a customer-centered market, it must become customer-centered, too.

Customer centricity 101

Customer centricity B2C Enterprise Upselling 101

CustomerSuccessBox

NOVEMBER 2, 2021

In the x-axis you can see how many customers you need, for a given ARPA, to get to $100 million in annual revenues. Most of the biggest SaaS businesses grow by selling expensive subscriptions to large enterprises ” Christoph Janz. These big businesses are the customers belonging to the ‘elephant’ category having the ARPA > $100K!

SaaS 52

SaaS Customer retention Enterprise Accountability 52

Totango

JULY 28, 2021

Assisting with customer onboarding. Coordinating resolution of customer support issues. Suggesting upsells. Customer success managers may handle different volumes of customers. This makes choosing the right representatives critical for promoting customer retention and minimizing churn.

Best practices 118

Best practices Management Brand ambassadors Upselling 118

Pointillist

MARCH 20, 2020

By Stephanie Ventura Customer-centric enterprises are increasing their investment in technologies that enable teams to measure and improve CX, while achieving key business outcomes such as maximizing customer lifetime value, reducing costs and more. That requires accessible, connected data.

Analytics 70

Analytics Upselling Interactive Voice Response Banking 70

ChurnZero

FEBRUARY 14, 2023

For example, large enterprise software deals are often structured on an annual contract cadence (or even a multi-year cadence), so ARR is usually best. Customer Success metric 2: customer retention rate Customer retention rates measure a company’s ability to retain customers.

Metrics 94

Metrics SaaS Customer retention Construction 94

Totango

FEBRUARY 28, 2020

What is a Customer Engagement Strategy? Customer engagements are proactive, data-driven activities you initiate to build and maintain strong customer relationships. These actions are the way we personalize our service to meet the demands of our customers. This makes customer retention critical.

Customer centricity 93

Customer centricity Metrics Upselling Enterprise 93

Nicereply

FEBRUARY 2, 2024

As such, account managers offer them personalized support and tailored solutions to grow these accounts and generate more revenue for the business. How to Make Customer Success Work for Your Business Follow these steps to create a customer success program that will spur sustainable growth for your business.

Education 59

Education Accountability Customer retention Journey mapping 59

CustomerSuccessBox

NOVEMBER 23, 2021

CustomerSuccessBox is an AI-powered customer success software to Onboard, Retain, Upsell & drive MRR Growth for B2B SaaS. Totango is a feature-rich software platform that mainly targets SaaS enterprises. Points to consider while choosing a Customer Success platform. The standard Custify pricing starts at $499.

SaaS 52

SaaS Upselling B2B Accountability 52

Tethr

FEBRUARY 11, 2020

More specifically, mapping helps organizations make informed decisions on initiatives designed to increase customer satisfaction, to foster stronger brand loyalty, to reveal quick ways to improve customer retention, to identify hidden areas for innovation and to uncover ways to reduce churn. CX mapping benefits.

Customer Experience 76

Customer Experience Analytics Customer retention Upselling 76

Totango

OCTOBER 20, 2022

At other companies, CS managers may be assigned to follow up on sales during the customer onboarding phase. Customer success managers are critical at SaaS companies, where they help deliver results that promote subscription renewals and upsells. What Makes a Good Customer Success Manager? Problem-Solving.

Management 91

Management Upselling Coaching Best practices 91

ChurnZero

JULY 22, 2021

Always factor in how far removed the seller is from the product or person being sold, as well as their circle of influence. . The complexity of your product, your sales process, and your customer’s buying process will likely be the biggest determinants of expansion ownership. The SaaS Debate: Who Owns the Renewal and Upsell?

Sales 98

Sales Upselling Enterprise SaaS 98

Totango

AUGUST 23, 2022

Providing tutorial tips to answer customer questions and encourage greater product adoption. Delivering customer support. Resolving customer escalations or problems. Administering customer satisfaction surveys. Reminding customers to renew subscriptions. Making upsell offers. Customer support events.

B2B 116

B2B Journey mapping SaaS Engineering 116

Totango

FEBRUARY 23, 2022

Your SaaS customer journey map lays out optimized outcomes that lead to customer renewals, upsells, and referrals. Here, we’ll show you how to create your path to customer success. First, we’ll define what a SaaS customer journey is, break it down into stages, and explain why mapping it out is important.

SaaS 111

SaaS Journey mapping Upselling Best practices 111

Totango

DECEMBER 21, 2021

For example, after a customer finishes setting up their profile, it may be appropriate to send them a tutorial with an introduction to your portal’s dashboard. Announcing new features to customers encourages more active user engagement and product adoption. It also can create an opportunity for upsell offers when applicable.

Management 106

Management Best practices Upselling Accountability 106

ChurnZero

JANUARY 18, 2024

The role of the chief customer officer has become an essential function in subscription-based business models such as software-as-a-service (SaaS), where customer retention is paramount and requires executive-level leadership. Participate in M&A [due] diligence and ultimate onboarding of acquired targets’ customer bases.”

Chief Customer Officer 52

Chief Customer Officer SaaS Sales Upselling 52

Totango

AUGUST 27, 2019

In today’s customer-centered economy, focusing on short-term customers is an outdated business model. Instead, enterprises must nurture every customer relationship to increase retention and customer lifetime value (CLV). . This means different things depending on your customer. Engage Intelligently.

Upselling 61

Upselling Education Best practices Customer centricity 61

Education Services Group

JUNE 29, 2019

In fact, Frederick Reichheld of Bain & Company (inventor of the Net Promoter Score) has shown through research that increasing customer retention rates by just five percent can boost profits anywhere from 25 to 95 percent. Customer Success Is a Constant Process. Model 2: Customer Success Handles Renewals.

SaaS 40

SaaS Upselling Customer retention B2B 40

Totango

SEPTEMBER 24, 2020

Making your customers successful is ultimately about delivering value —you can create value for your customers by placing them in a position to grow their enterprise through the efficient use of your product to meet their business challenges. In strict business school translation, value is benefit minus cost.

Enterprise 78

Enterprise Upselling Accountability Metrics 78

ChurnZero

FEBRUARY 14, 2023

For example, large enterprise software deals are often structured on an annual contract cadence (or even a multi-year cadence), so ARR is usually best. Customer Success metric 2: customer retention rate Customer retention rates measure a company’s ability to retain customers.

SaaS 52

SaaS Metrics Customer retention Construction 52

Stratifyd

MAY 30, 2019

With that being said, contact centers play an influential role in customer retention strategies. Within call data lies rich insights about customer satisfaction, customer churn, competitive intelligence, service issues, agent performance, upsell opportunities, campaign effectiveness, and more. How Does It Work?

Analytics 40

Analytics Telemarketing Contact Center Metrics 40

CSM Practice

SEPTEMBER 25, 2020

06:27 – Nick’s overview of cross-selling and upsell trends for existing customers. 13:20 – Nick shares his blog post about the four-step playbook for reopening with your customers. 16:40 – Irit discusses a part of the survey result that shows companies are planning on letting customer success managers go or shrink.

Upselling 85

Upselling Surveys Chief Customer Officer Consulting 85

ChurnZero

JULY 19, 2022

We’ll focus on Customer Success, process optimization, and personalization. . For example, rather than calculating conversions for all customers, you can measure conversions for a specific customer segment or subscription tier. Another tactic is to connect free trial downloads with personalized email drip campaigns.

SaaS 52

SaaS Feedback Personalization Upselling 52

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

Callminer

SEPTEMBER 14, 2020

Learn more about how speech analytics can benefit your call center operation by downloading our white paper, 10 Ways Speech Analytics Empowers the Entire Enterprise. Then key metrics of each agent can be analyzed to understand their personal shortcomings and specific training can be given to them. Jesse Silkoff.

Call Center 182

Call Center Analytics First call resolution Metrics 182

JivoChat

APRIL 8, 2021

In doing so, companies take a customer-centric approach that leads to a more personalized buyer journey. Ultimately, customer engagement tools help foster a stronger bond between companies and customers, enhancing the buyer experience and the company’s performance and service levels. Increase Customer Retention.

Sales 52

Sales Chatbots Brand ambassadors Surveys 52

SmartKarrot

JULY 27, 2022

Provide ongoing training, support and guidance to ensure the team is well equipped to provide industry-leading customer success services and proactive support. Identify and implement customer success tools, strategies, and tactics to ensure process efficiencies and scalability of a fast-growing company.

Engineering 19

Engineering Finance Best practices Upselling 19