ChurnZero

JULY 9, 2020

These SaaS companies offer comprehensive training programs, resources, and events to their customers and even the larger professional community. They have loyal followings and student-customers who proudly display their certifications on LinkedIn to not only show off their product proficiency, but also their brand affiliation. .

SaaS 64

SaaS Marketing Upselling Chief Customer Officer 64

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

CustomerSuccessBox

JULY 8, 2020

Customer Retention is key. We had Jay Nathan , Founding & Managing Partner, Customer Imperative and Andrew Marks , Founder, President and COO, SuccessHacker speak to Puneet Kataria , Founder & CEO, CustomerSuccessBox about the role of customer success in driving SaaS businesses during a lockdown.

Customer retention 52

Customer retention SaaS Consulting Consulting 52

ChurnZero

FEBRUARY 23, 2023

There are two primary reasons why: First, you need to retain customers to simply “keep the lights on” so to speak. Second, growth during times of uncertainty is most likely to come from cross-selling and upselling. Further, additional sales with existing customers have a lower customer acquisition cost (CAC).

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

FEBRUARY 23, 2023

There are two primary reasons why: First, you need to retain customers to simply “keep the lights on” so to speak. Second, growth during times of uncertainty is most likely to come from cross-selling and upselling. Further, additional sales with existing customers have a lower customer acquisition cost (CAC).

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

DECEMBER 17, 2021

Customer acquisition and customer retention are cornerstones of building and maintaining revenue , but customer expansion — and a robust customer expansion strategy — can also be pillars of success. They enable businesses to provide more value to their existing customers and bring in additional revenue as a result.

Management 52

Management Upselling SaaS Customer retention 52

CSM Practice

FEBRUARY 24, 2020

The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Investors use ARPA to evaluate and compare company performance and identify which SaaS solutions generate low or high income. It cannot be greater than 100%.

Metrics 52

Metrics Upselling SaaS Accountability 52

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 67

SaaS Best practices Upselling Education 67

CustomerSuccessBox

SEPTEMBER 7, 2021

But it also bought a sea of opportunity for people who could see beyond the present turbulent times. And in all these -the common thread- Customer Success. With Customer Success teams who work on onboarding automation and efficiency to set their customers up for a strong initial footing, this will result in long-term success.

Journey mapping 96

Journey mapping Engineering SaaS Upselling 96

CustomerSuccessBox

JULY 2, 2020

The first is obviously the customer onboarding meetings which are essential to retaining any B2B SaaS customer. QBRs are a CSM’s chance to showcase how their product has met the customer’s KPIs. Plus an opportunity to present the future planning to get a customer’s feedback and sow the seeds for renewal and / or upsell.

SaaS 52

SaaS Upselling B2B Feedback 52

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 93

Management Upselling Coaching Best practices 93

SmartKarrot

MAY 26, 2020

There was a time when a customer was only seen as a one time buyer by the companies. Then it evolved into the subscription based business model where customer retention became a prominent aspect. A lot of studies and efforts were taken by the organizations to gain customer retention in the business.

Upselling 10

Upselling SaaS Customer retention Metrics 10

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

CSM Practice

APRIL 13, 2021

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.

Management 52

Management Customer retention Upselling Accountability 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

CustomerSuccessBox

MARCH 28, 2022

Most SaaS firms see Customer Success as a necessary evil. Customers buy your product to achieve their goals. If they do, you’ll have more revenue in the form of renewals, upsells, etc. It is the responsibility of the customer success team to ensure that a customer makes a repeat purchase.

Calibration 52

Calibration SaaS Customer retention Construction 52

CSM Practice

FEBRUARY 24, 2020

The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Investors use ARPA to evaluate and compare company performance and identify which SaaS solutions generate low or high income. It cannot be greater than 100%.

Metrics 52

Metrics SaaS Customer retention Upselling 52

CSM Practice

FEBRUARY 24, 2020

The Average Revenue Per Account is a profitability metric that assesses your company’s revenue per customer account, usually calculated on a yearly, quarterly, or monthly basis. Investors use ARPA to evaluate and compare company performance and identify which SaaS solutions generate low or high income. It cannot be greater than 100%.

Metrics 52

Metrics SaaS Customer retention 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

ChurnZero

JULY 22, 2021

The complexity of your product, your sales process, and your customer’s buying process will likely be the biggest determinants of expansion ownership. Are your expansion pathways (cross-sells and upsells) more transactional or complex in nature? How to Nail Customer Handoffs Between Sales and Customer Success.

Sales 98

Sales Upselling Enterprise SaaS 98

ChurnZero

FEBRUARY 4, 2022

How to visualize the financial value of customer satisfaction. This article is adapted from a session presented by Kristen Hayer , Founder and CEO of The Success League , at BIG RYG , ChurnZero’s annual Customer Success leadership summit. How does customer success work with investors and boards? Customer retention.

Metrics 98

Metrics Consulting Consulting Best practices 98

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

Totango

SEPTEMBER 24, 2020

In a real-world sense, however, value is the potential for success a customer gains by partnering with you and your product. Creating value for customers depends on your ability to deliver on your promise of value through your product. . The Importance of Creating Value for Customers.

Enterprise 78

Enterprise Upselling Accountability Metrics 78

SmartKarrot

JUNE 4, 2020

Looking for some useful SaaS account management tips? To achieve the following, you must need SaaS account management best practices. Often, communication is regarded as the SaaS account management best practices. Nudge more than the traditional cut of pasting a name tag of a customer relationship manager at the hem.

Best practices 10

Best practices SaaS Accountability Management 10

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 105

Best practices SaaS Journey mapping B2C 105

Kapta Customer Success

OCTOBER 2, 2017

In general, customer success segments customers who have the potential to succeed with the services being sold and focuses on them. Any company in a B2B industry can use a Key Accounts Management strategy, although it’s most popular with service or SaaS (Software as a Service) companies. Customer Lifecycle.

Accountability 40

Accountability Management B2C Upselling 40

CustomerSuccessBox

NOVEMBER 2, 2021

There are various factors that sales to customer success handoff can affect. Customer Retention. Retaining a customer is a major job of a Customer Success department. The process of retention starts from the beginning. Nail this step and the customer will be asking for retention themselves.

Sales 52

Sales Engineering Upselling Customer retention 52

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

SmartKarrot

JUNE 4, 2020

Align Customer Success with Marketing team. Customer success team has the raw information about the customer and the Marketing team has the presentation skills. The CS team understands your customer’s present and future needs quite precisely. And with more elaborate presence, retention becomes natural.

SaaS 10

SaaS Marketing Upselling Customer retention 10

SmartKarrot

AUGUST 23, 2021

Role: Customer Success Manager Location: Houston, TX Organization: Ivanti As a Customer Success Manager, you will develop strong relationships with assigned customers and serving as a trusted advisor to key influencers and/or decisions makers. Maintain high customer retention and recurring revenue retention rates.

Upselling 19

Upselling Consulting Consulting B2B 19

ChurnZero

JULY 29, 2022

But keeping the customers you have is better. With the rise of the SaaS model, retention has dethroned acquisition as the primary means to achieve long-term growth and high valuation. In fact, according to one source, increasing your customer retention by just 5% can increase your revenue by up to 95%.

SaaS 98

SaaS Customer centricity Upselling Accountability 98

SmartKarrot

APRIL 6, 2021

Is it revenue- if yes, work around customer retention and expansion revenue. Have case studies that include the benefits of customer success. Show how your tool can fight customer churn with real-time alerts and touchpoint management. Positioning the customer success software for each C-level executive is important.

Chief Customer Officer 18

Chief Customer Officer Customer retention Upselling CRM 18

LiveChat

DECEMBER 18, 2018

If there’s something we can improve on our side, to help customers achieve their Desired Outcome , you can be sure we’ll try to deliver. Upsell – aka “How you like me now?” We start a chat with customers that are longer with us, to talk about the use of LiveChat, and present more advanced features. Let us know!

Upselling 58

Upselling SaaS Feedback Personalization 58

ChurnZero

DECEMBER 20, 2019

By focusing efforts on retaining active users by iterating their existing services based on rich customer data, companies will have more opportunities to engage, upsell , and ultimately scale. . . Jay Nathan , Founder & Managing Partner, Customer Imperative . Like any SaaS platform, you get out of it what you put in.

Chief Customer Officer 80

Chief Customer Officer Sales Customer centricity SaaS 80

Amity

MAY 10, 2017

With those guidelines in mind, here are some KPIs I’ve found useful in my previous roles: Gross and Net Customer Retention: These are two different ways of looking at your customer churn. Gross retention is a measure of annual revenue lost because a customer did not renew their subscription.

Metrics 54

Metrics Upselling SaaS Accountability 54

SmartKarrot

MARCH 8, 2022

In celebration of International Women’s Day, we are honored to present our Top 50 Women Leaders in Customer Success to Follow list for 2022, celebrating 50 influential women leaders and their inspiring stories of strength and success. Her diverse yet unique skills include customer life cycle optimization from pre-sales.

Chief Customer Officer 21

Chief Customer Officer Coaching Customer centricity SaaS 21

SmartKarrot

FEBRUARY 10, 2022

The need for budgeting for customer success. There is no doubt that with the pandemic COVID-19, many businesses in the SaaS space have realized the importance of customer success. Budgeting for customer success has taken a centre stage here. This needs to be done from the time of customer onboarding.

SaaS 10

SaaS Upselling Best practices Customer retention 10