CustomerSuccessBox

APRIL 19, 2021

It’s unlike most SaaS B2B businesses not addressing customer retention. There is a treasure trove of data on how customers interact with your organization yet most organizations are unable to act on these data points. Drive Customer Retention With Three Kinds Of Early Warning System.

Customer retention 52

Customer retention SaaS B2B Upselling 52

Totango

FEBRUARY 10, 2021

A customer success strategy is a proactive plan for guiding your clients to outcomes that satisfy their needs. When your customers enjoy more value, your product adoption rates rise and customer retention rates go up. This promotes success for your company as well as your customers.

Customer retention 84

Customer retention Journey mapping Benchmark SaaS 84

Kayako

MAY 16, 2018

Here are 7 ways that you can use phone calls and live chat to give your customers more immediate gratification and increase your company’s revenue. Calls and live chat increase customer retention and upsell opportunities. Technology has given us all the expectation that results should be instant.

Customer retention 59

Customer retention Upselling Sales Feedback 59

Lumoa

OCTOBER 20, 2022

Customer experience is an important factor in determining customer loyalty. Companies that rank the highest in customer experience surveys also have the highest scores for customer retention. This is because happy customers are less likely to churn and more likely to continue doing business with you.

Customer Experience 122

Customer Experience Banking Customer retention Customer advocacy 122

Totango

APRIL 5, 2022

NPS software is the technology that facilitates the collection and practical application of Net Promoter Score data. Net Promoter Score is a customer satisfaction KPI that measures how likely a client is to recommend your brand to friends or colleagues. The best NPS software lets you: Automatically track customer satisfaction.

Upselling 101

Upselling Surveys Analytics Customer retention 101

SmartAction

DECEMBER 8, 2023

This technology swiftly took over mundane inquiries like account balance checks or basic troubleshooting reducing routine call volumes by 35%. This personal touch led to increased customer loyalty, higher conversions, and improved lifetime value leading to a 40% increase in customer retention rates. It was a game-changer.

Virtual Agent 77

Virtual Agent Contact Center Upselling Interactive Voice Response 77

Global Response

MARCH 13, 2024

Understanding CX outsourcing CX outsourcing is when a company delegates customer experience to an external service provider. This allows businesses to solve the challenges discussed above by leveraging the expertise, technology, and resources of specialized companies. Yet it is costly to invest in the latest technologies.

outsourcing 62

outsourcing Best practices Feedback Customer retention 62

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

CustomerSuccessBox

MARCH 7, 2022

Customer retention is the lifeblood of a SaaS company. Where the foundation of SaaS customer retention is renewals. According to a research study, a mere 5% increase in customer retention can lead to a 25% increase in company profits. Technology. Expansion Manager.

SaaS 52

SaaS Upselling Customer retention Accountability 52

Global Response

FEBRUARY 26, 2024

Quality customer service matters; just look at the numbers: 83% of customers are more loyal to businesses that respond to and resolve their complaints. And by increasing customer retention by a mere 5%, companies raise their profits between 25% and 95%. Let’s explore how to improve your customer service.

Call Center 62

Call Center Customer Service outsourcing CRM 62

Comm100

NOVEMBER 15, 2022

As well as growing customer base, partnering with digital communication platforms also helps to increase upsell and overall deal size as sales can offer popular digital channels alongside the hero product. This upselling opportunity is made even easier by the unification of every channel. Increase deal size. Reduce churn.

Upselling 80

Upselling Chatbots Customer retention Analytics 80

Real Blue Sky

NOVEMBER 21, 2023

As we delve into five dynamic strategies for brand growth, we’ll explore how prioritizing customer retention can significantly boost profits. We’ll discuss the art of enhancing customer experiences to keep your customers not just satisfied but delighted and loyal.

Employee engagement 105

Employee engagement outsourcing Upselling Customer retention 105

Totango

SEPTEMBER 20, 2022

This delivers customers more satisfying experiences, which promote higher retention, lower churn, and higher referral rates. A customer enablement program is a vital part of the customer landscape for B2B and SaaS companies that rely on customer retention for growth. Providing superior support.

B2B 82

B2B SaaS Education Brand ambassadors 82

CustomerSuccessBox

JUNE 18, 2021

Is my SaaS ready for customer success technology? The webinar focuses on how to design the customer success strategy that is right for your SaaS company and how to operationalize, scale and automate that strategy through technology. 5 Steps to defining a perfect Customer Onboarding process for a SaaS Customer.

SaaS 52

SaaS B2B Customer retention Upselling 52

TechSee

JUNE 16, 2022

As companies embrace the digitization of customer support, the new standard is much more than a phone conversation with a call center representative or a visit from a field agent. This list is an homage to the business leaders and influencers pushing the envelope when it comes to innovation in customer experience. Follow on LinkedIn.

Customer Service 251

Customer Service Chief Customer Officer Contact Center Consulting 251

CSM Magazine

AUGUST 31, 2023

Quick resolution of queries also helps reduce wait times and ensures that customers can get on with their day without their experiences being marred. Here are some tips: Implement call routing technology: Call routing technology can help direct calls to the most appropriate agent, based on their skills, availability, and workload.

Call Center 52

Call Center Customer Experience Upselling Scripts 52

Upstream Works

JANUARY 20, 2023

Most organizations adapted well by supporting contact center agents who were working remotely, and investing more in new technology to automate service as traffic volumes spiked. There certainly were bumps along the way, but as customer expectations changed during the pandemic, contact centers responded effectively.

Contact Center 78

Contact Center Upselling Customer retention Technology 78

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

ClientSuccess

JANUARY 11, 2023

To help organizations get the most out of this important function, there are now a variety of resources available: from websites and white papers to webinars, conferences and technologies. Here’s an overview of what we call the Golden Rule of Customer Success – 8 Guiding Principles: Understand customer needs, goals and motivations.

Benchmark 80

Benchmark Upselling Education Best practices 80

CustomerSuccessBox

JUNE 28, 2021

The companies have realized the importance of customer success in an overall increase in revenue and profitability. Read this blog to understand the Paradigm shift in Customer Success technology with AI. So keeping in mind the top trends, here is a strategy for you to plan your next Customer Success Budget.

SaaS 52

SaaS B2C Customer retention Upselling 52

CSM Magazine

MARCH 24, 2022

As customers are taking more control of their own service requests through customer portals, retailers can use the opportunity to engage in sales opportunities. Even when customers are transitioned to a third-party servicer, retailers can use FSM to upsell and cross-sell to increase revenue.

Customer Experience 119

Customer Experience Self service Analytics Upselling 119

CSM Practice

DECEMBER 7, 2020

Board members work in areas spanning on-premises technology, Software-as-a-Service (SaaS), and advisory services. Using recommended processes and policies, CSM Practice’s customers significantly reduce the problem of churn, improve expansion selling, and accelerate new sales deals.

Chief Customer Officer 81

Chief Customer Officer Upselling SaaS Consulting 81

ShepHyken

MAY 25, 2018

This week we feature an article by Matt Nolan who shares five keys to building more compelling, sustainable customer relationships. Customer retention used to be considered just a “service problem.” It’s a constant balancing act, wherever and whenever the customer touches your brand. – Shep Hyken.

Call Center 185

Call Center Customer retention Upselling Advertising 185

TeleDirect

OCTOBER 23, 2023

In today’s world, the customer experience is everything. And while technology has redefined whole industries, your clients still want real connections. Why Responsiveness Matters in Customer Support Good customer service and support require a human touch. So, why do so many businesses still rely on voicemail?

Customer Support 62

Customer Support Business Process Outsourcing outsourcing Call Center 62

Totango

MAY 17, 2021

Product engagement tells you how actively customers are using your product or platform. Tracking this alerts you to churn risks as well as upsell opportunities, empowering you to take appropriate action. A highly engaged customer may be in the market for an upsell offer. How Do You Measure Product Engagement?

Management 62

Management Upselling Metrics Accountability 62

Babelforce

JUNE 17, 2021

Do customers really expect outbound call center services? 6 Kinds of outbound service you could offer today Customer onboarding Proactive customer service Virtual queuing Customer feedback Customer retention automation Access-for-all services Your free guide to contact center automation.

Call Center 97

Call Center Customer retention Contact Center voip 97

OctopusTech

JULY 21, 2023

Successful companies out there leverage this important information to boost customer retention and conversion rates. By coming up with a solid customer data management strategy, one can collect, organize, and analyze all the information using customer database management software.

Best practices 62

Best practices Management Upselling Sales 62

Nicereply

JANUARY 14, 2021

The only certain thing is how most business owners, growth strategists, and start-up founders, are well aware of the significance of customer retention. reports that a surge in customer retention by 5% can increase the company’s profitability by 95%. You can’t bring back customers with random discounts. Go Virtual.

Brand ambassadors 75

Brand ambassadors Customer retention Government Upselling 75

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. We’ll also show you how technology can help you automate your engagement strategy. Use your customer journey map to plan events that trigger customized offers.

B2C 62

B2C Upselling Journey mapping B2B 62

Netomi

FEBRUARY 21, 2024

According to Salesforce , customers now expect that chatbots will be able to assist them, as 69% of consumers prefer to use chatbots. Technological advancements and a shift towards digital solutions shape today’s hospitality landscape. This process often requires customization and careful planning to ensure seamless operation.

Chatbots 40

Chatbots Upselling Feedback Personalization 40

Totango

AUGUST 23, 2022

Then, we’ll consider why B2B touchpoints are useful for customer success teams and why mapping them out is such a powerful strategy. Finally, we’ll offer some guidelines on how to structure your B2B customer journey map around key touchpoints and how to use technology to automate an effective touchpoint management strategy.

B2B 115

B2B Journey mapping SaaS Engineering 115

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

Beyond Philosophy

APRIL 14, 2022

I was very pleased to have Chief Technology Officer of Zendesk Adrian McDermott ( @amcdermo ) join us and explain what these numbers mean and what organizations should do with their experiences to take this concept beyond lip service and do something with it. . 60% say customer service improves customer retention .

Contact Center 195

Contact Center Upselling Engineering Education 195

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 90

Management Upselling Coaching Best practices 90

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

Ansafone

AUGUST 22, 2022

Here are a few helpful services; Sales and Product Support : Live agents can help answer product questions, which generally leads to an increase in sales and upsells. When customers better understand a product, they are more likely to go for it. Technical Support : Agents can help customers navigate through technical issues.

Call Center 62

Call Center Contact Center Technical Support Upselling 62