Andrew Mcfarland

SEPTEMBER 23, 2022

This is a high-paying job that does not require prior sales experience. However, you must understand SaaS to excel at this position. You can earn as much as $100k per year with a commission as a high-performing software sales rep. They should also be better equipped with sales skills, such as social media and sales for life.

Sales 48

Sales Outbound sales Inbound sales Accountability 48

SmartKarrot

MARCH 2, 2022

You might have heard a lot about upselling and the need for upsell. Everyone talks about it but upsell is the least discovered aspect of customer success and sales. It is one of the biggest post-sales revenue generation points. Customer success managers can mine existing customers to cross-sell and upsell to them.

Upselling 19

Upselling SaaS Sales Management 19

Totango

MARCH 26, 2021

At one time, customer lifecycle models took a seller-centric perspective which split the pre-sales phase of the customer’s journey from the post-sales phase. A satisfying post-sales experience sets the stage for subscription renewals and referrals, laying a foundation for additional sales. Onboarding.

SaaS 66

SaaS Best practices Upselling Education 66

ClientSuccess

JULY 5, 2017

As any SaaS professional knows, even the best laid plans sometimes hit roadblocks. 5 Common Success Post-Sales Pitfalls. Understanding Post-Sales Lifecycle Management. Pitfall #1: The Sales Handoff (Poor Knowledge Transfer). One of the most critical stages of the customer lifecycle is the sales handoff.

Sales 40

Sales Upselling Best practices SaaS 40

ClientSuccess

APRIL 17, 2019

Jay Nathan , Founding Partner and Managing Director of Customer Imperative , which helps B2B SaaS companies services to help them grow and scale customer success, from analytics to strategy to execution. Prior to founding Customer Imperative in 2017, Jay spent over 15 years in the B2B SaaS / software space. And Who Owns the Number?

SaaS 45

SaaS B2B Upselling Engineering 45

ClientSuccess

JUNE 15, 2021

If there is one lesson that SaaS organizations learned during the last year, the importance of a loyal customer base can not be overstated. During a year where many companies had to make complex strategic decisions, and new sales weren’t exactly flying in at a rapid pace, existing customer accounts helped keep the lights on.

Upselling 52

Upselling Accountability SaaS Metrics 52

ClientSuccess

FEBRUARY 8, 2023

Customer lifetime value : measuring the total lifetime contract value of a customer, including upsells, renewals, and expansions, is what keeps the value of your business trending upward over time. Outcomes : during the sales cycle, customers will outline specific goals they are trying to achieve with your solution.

Metrics 75

Metrics Upselling B2B SaaS 75

ClientSuccess

APRIL 17, 2019

Jay Nathan , Founding Partner and Managing Director of Customer Imperative , which helps B2B SaaS companies services to help them grow and scale customer success, from analytics to strategy to execution. Prior to founding Customer Imperative in 2017, Jay spent over 15 years in the B2B SaaS / software space. And Who Owns the Number?

SaaS 40

SaaS B2B Upselling Engineering 40

SmartKarrot

MARCH 29, 2021

To generate revenue for a business, people think sales are the key. Upselling: Upselling to customers is basically upgrading them to larger plans to suit their needs better. This is the key to upselling or cross selling. Expansion revenue is the sum total of the MRR from cross-sells and upsells.

SaaS 19

SaaS Upselling Metrics Feedback 19

Totango

JULY 16, 2019

Instead of capturing the bulk of customer value at the initial sale, digital companies now rely on an ongoing process of renewal and upsell that can potentially continue for years. And this repeated revenue stream is the lifeblood of SaaS and related enterprises. Your success is undeniably linked to your customers’ success.

Upselling 68

Upselling Enterprise Metrics SaaS 68

ClientSuccess

JUNE 17, 2019

In today’s world of SaaS customer success, most CSMs and/or Account Managers are held to some sort of revenue goal. Whether that revenue comes from an upsell, cross-sell, expansion, or something else, it’s still new revenue attributed to the customer. In most SaaS businesses, the ultimate goal is to increase revenue.

Accountability 42

Accountability Upselling SaaS Feedback 42

Squelch

DECEMBER 17, 2019

“By eliminating information silos, Squelch is able to guide customer support and success professionals toward the information, best practices, reports, and other associated tools needed to win renewals, upsells, and most of all, trust and loyalty.” . Schedule a demo or trial to learn more about Squelch. Additional Resources.

Upselling 80

Upselling SaaS Best practices Customer Support 80

ClientSuccess

SEPTEMBER 27, 2018

For many customer success teams, however, the rapid growth of the industry (especially in the SaaS world) has left heads spinning. For today’s SaaS customer relationships, it’s not enough just to work directly with the project manager or end users on your customer’s team. eBooks: Ultimate Guide to SaaS Customer Success Metrics.

SaaS 74

SaaS Finance Metrics Upselling 74

CustomerSuccessBox

DECEMBER 24, 2021

For B2B SaaS companies, user adoption is one of the most important elements of sustainable growth. The time to first value or core value of the product was found to be the most important metric for SaaS growth. User Adoption Strategies for B2B SaaS businesses. Research suggested that a 25% better time to value increase MRR by 9.3%

SaaS 52

SaaS B2B Upselling Metrics 52

Totango

JUNE 25, 2019

The digitization of business has created a customer-centric economy dominated by subscription services and SaaS enterprises. The bulk of customer revenue is now gathered through repeated renewals and upsells rather than at the point of sale. Unlike renewals, upsell opportunities are not tied to a specific timeframe.

Upselling 68

Upselling Enterprise Metrics Customer centricity 68

Totango

APRIL 5, 2019

This could mean giving more attention to accounts that are in danger of churning or it could mean finding opportunities for upsells based on high usage rates. In the customer-centered approach to business , enterprises are no longer defined by sales and renewals. Gross upsell. Let’s take a closer look at each metric.

Metrics 73

Metrics Upselling Accountability Enterprise 73

SmartKarrot

FEBRUARY 9, 2022

The reason for that is customer retention is highly crucial for SaaS companies because – . Loyal customers contribute a lot to revenue growth in upsells, referrals, and even advocacy. Apart from focusing on retaining existing customers, SaaS companies need to concentrate more on their churn ratio. What is customer retention?

SaaS 10

SaaS Customer retention Upselling Benchmark 10

SmartKarrot

JANUARY 18, 2021

Many entrepreneurs have joined the bandwagon of SaaS industry, but they are yet to realize that SaaS growth model is quite different from traditional ones. A deep understanding of SaaS growth levers can take your business to the next level. SaaS is a growing industry. There are some 14 courses in SaaS on Udemy itself.

SaaS 10

SaaS Customer retention Upselling Marketing 10

Totango

MARCH 24, 2020

The resulting subscription and SaaS supplier models spread customer lifetime value across repeated cycles of renewal and upsell and give customers the power to walk away if they’re not satisfied. What you do in the immediate aftermath of the sales event can mean the difference between a life-long customer or a churn casualty.

B2B 59

B2B Management Upselling SaaS 59

Totango

FEBRUARY 6, 2020

Now more than ever, SaaS organizations have to work hard to help their customers succeed and keep them satisfied. Every touchpoint along the customer journey—from the initial sales event to support tickets, product usage metrics, and customer feedback —generates unique data. Request a demo to get started. How to Make it Work.

Enterprise 62

Enterprise Customer centricity Metrics Upselling 62

ClientSuccess

OCTOBER 2, 2019

These individuals have long been specialists outside of new business sales teams. An Account Manager (or AM for short) goes after existing customers with the goal of renewing, cross-selling, and upselling the company’s product. In the SaaS model, how companies interact with customers has changed along with the nature of doing business.

Accountability 47

Accountability Management Upselling SaaS 47

SmartKarrot

SEPTEMBER 6, 2022

It is a hugely popular pricing strategy that SaaS companies have also adopted to meet profit margins. For example- Marketers, sales professionals, enterprises, teams, or product folks can decide how they want to use the product. The buck does not stop with one sale. Customers often resell and upsell the bag to make more money.

SaaS 10

SaaS Real estate Upselling B2B 10

Amity

FEBRUARY 24, 2016

In this issue of the SaaS Tattler, we continue our list of Customer Success articles that are certified classics. For a limited time, we are offering an exclusive Customer Success Hero shirt to anyone who attends a public demo. • The Link Between Customer Success, Retention, and Upsells.

Upselling 48

Upselling SaaS Best practices Customer retention 48

SmartKarrot

FEBRUARY 4, 2022

This is the reason most of the growing SaaS businesses are turning towards Customer Success Managers (CSMs). Before jumping on the topic of the importance of Customer Success Managers (CSMs) in the SaaS World, let us first understand Customer Success and the importance of Customer Success in SaaS businesses briefly.

SaaS 10

SaaS Management Upselling Advertising 10

Totango

JULY 16, 2019

Instead of capturing the bulk of customer value at the initial sale, digital companies now rely on an ongoing process of renewal and upsell that can potentially continue for years. And this repeated revenue stream is the lifeblood of SaaS and related enterprises. Your success is undeniably linked to your customers’ success.

Upselling 48

Upselling Enterprise Metrics SaaS 48

SmartKarrot

JULY 4, 2022

Your customers are truly the most important stakeholders in the SaaS company. Every SaaS business needs to know why its customers are churning. This is why SaaS customer churn analysis is important. Customer churn analysis in SaaS means evaluating the loss rate of customers by the company. What is Customer Churn Analysis?

SaaS 10

SaaS Upselling B2B Metrics 10

SmartKarrot

SEPTEMBER 11, 2020

SaaStr is the world’s largest community of SaaS founders and executives. Through this graph, we can see the impressive growth rate of SaaS industry. India’s SaaS industry is growing faster than other nations. In addition, three-fourths of the total revenue generated by India’s SaaS industry is through global exports.

SaaS 10

SaaS Upselling Metrics Marketing 10

Totango

JANUARY 10, 2019

You’re an expert at providing the quality SaaS and subscription products your customers love. And it should work seamlessly with your CRM solution to support your sales pipeline. The ability to pick out high-value customers can significantly help you increase sales. Feature #4: Support for Your Sales Pipeline and CRM.

Enterprise 63

Enterprise SaaS CRM Upselling 63

ClientSuccess

FEBRUARY 13, 2019

Whether your team measures expansion by upsells, renewals, or new users, CSMs are the backbone of driving expansion and retention—true growth. From the very first kick-off call (or if you’re introduced to a customer in the sales cycle) it’s game on. eBooks: Ultimate Guide to SaaS Customer Success Metrics.

Upselling 54

Upselling Accountability Customer centricity SaaS 54

ChurnZero

APRIL 26, 2019

Look beyond the typical CS metrics (such as renewals or upsells) and be ready to answer questions around ramp-up times and training delivery methods. Tip 2: Introduce Your Product Early (Demo, Demo, Demo!). Likewise, consider having your new CSM sit in on demos. Customer Success Around the Web.

Coaching 58

Coaching Metrics Upselling SaaS 58

SmartKarrot

FEBRUARY 15, 2022

Success in SaaS is not as easy as it seems. Boosting sales and acquiring customers will not be sufficient. How to Use Webinars to Supercharge SaaS Customer Success? . Renewals, upselling, and repurchasing. You can assist with repurchasing or upselling through a webinar. This helps them know the product better.

SaaS 10

SaaS Education Upselling Technical Support 10

Totango

JUNE 25, 2019

The digitization of business has created a customer-centric economy dominated by subscription services and SaaS enterprises. The bulk of customer revenue is now gathered through repeated renewals and upsells rather than at the point of sale. Unlike renewals, upsell opportunities are not tied to a specific timeframe.

Upselling 49

Upselling Enterprise Metrics Customer centricity 49

SmartKarrot

JUNE 1, 2022

As a B2B SaaS business owner, you should be aware of the differences between these terms and understand them very clearly. Bookings in SaaS Business. Booking in the SaaS business refers to when a customer ‘books’ your SaaS product or service. Billings in SaaS Business. Revenue in SaaS Business.

SaaS 10

SaaS B2B Metrics Finance 10

SmartKarrot

DECEMBER 23, 2021

Irrespective of whether you are a start-up or an established B2B SaaS company, one thing that you need to keep in mind: products never remain static, and features keep changing over a while. This ultimately causes harm to the conversion rates for their trials and demos. Tips for announcing new features to your B2B SaaS product users.

B2B 10

B2B SaaS Education Upselling 10

ClientSuccess

OCTOBER 22, 2019

At its core, customer advocacy is when customer service teams work with customers to determine what is best for the customer and their long-term goals instead of making strategic decisions from an upsell or corporate growth standpoint. CSMs can join in on sales meetings to get a sense of what customers are looking for in their new solution.

Customer advocacy 40

Customer advocacy SaaS Upselling Accountability 40

ClientSuccess

NOVEMBER 21, 2017

We’ve all been there: A customer relationship is going well and there are no obvious problems or red flags in sight, yet when it comes time for a ‘serious talk,’ such as a renewal conversation or upsell demo, there is suddenly radio silence on the customer’s end. Ultimate Guide to SaaS Customer Success Metrics.

Upselling 50

Upselling Metrics SaaS Best practices 50

SmartKarrot

SEPTEMBER 22, 2020

We chat a lot on the sales and marketing duo, but do you know what we don’t talk much about? The newbie alignment of sales and customer success. Of course, there was a time when it was just customer service and sales in the question. Can sales and customer success be friends? . Upsell and Cross-Sell.

Sales 10

Sales Upselling SaaS Inbound sales 10