ChurnZero

DECEMBER 17, 2021

In the SaaS industry, Customer Success upsell and cross-sell opportunities are commonly incorporated into expansion management. Why is Customer Expansion Important for SaaS Businesses? Churn rate is a major metric for SaaS companies to keep an eye on. Always Listen to Feedback. Timing is essential.

Management 98

Management Upselling SaaS Education 98

ChurnZero

MAY 3, 2022

SuccessHACKER is a CS advisory firm with a mission to inspire, educate and empower the people who power the CS economy. Start with: CSM Mastermind: Sharing Customer Feedback Effectively. Customer Experience Metrics Will Improve Your Company’s Performance. But wait: there’s more (online education).

Journey mapping 98

Journey mapping Customer centricity SaaS Education 98

Totango

APRIL 5, 2019

Customer success metrics are used to discover what kind of customer experience you are really delivering. This means constantly nurturing and educating the customer, fitting your business approach to their specific needs. And with customer success metrics, you can measure whether your efforts are working. Business Metrics.

Metrics 72

Metrics Upselling Accountability Enterprise 72

CSM Practice

FEBRUARY 24, 2020

Every customer success metric you can measure falls into one of these four categories: Customer Health Metrics. Customer Financial Metrics. Customer Usage Metrics. Customer Success Team Performance Metrics. In this blog series, we’ll examine each customer success metric category in separate blogs.

Metrics 52

Metrics Accountability Surveys SaaS 52

CSM Practice

FEBRUARY 24, 2020

Every customer success metric you can measure falls into one of these four categories: Customer Health Metrics. Customer Financial Metrics. Customer Usage Metrics. Customer Success Team Performance Metrics. In this blog series, we’ll examine each customer success metric category in separate blogs.

Metrics 52

Metrics Accountability Surveys SaaS 52

Nicereply

MAY 23, 2022

When you look at all the venture money coming into companies in Canada, especially in SaaS. I really believe it’s everyone’s responsibility to scale support and my role is to educate the business on how we do that. Listen to your managers and agents and take feedback from other departments. Brendan: Listen to the team first.

SaaS 98

SaaS Education Feedback Metrics 98

PeopleMetrics

JANUARY 13, 2017

When you are selling a SaaS product, you really need to think about what you’re actually selling. It seems like an obvious truth (after all, they are called Software-as-a-Service products), but many SaaS companies lose sight of the service side of things - they strive toward the goal of a no-touch sales organization. Trust the Metrics.

SaaS 54

SaaS Benchmark Metrics Education 54

Totango

MAY 6, 2021

We’ll discuss what customer retention means as a concept, as a strategy and as a metric. As a concept, in a SaaS context, it represents how successful a company is at getting customers to renew subscriptions or licenses. Increasing adoption through product education. Collecting customer feedback. Why is it important?

Customer retention 74

Customer retention Best practices Education Benchmark 74

ClientSuccess

NOVEMBER 2, 2020

As SaaS organizations and their customers slowly but surely get used to the ‘new normal’ that 2020 ushered in, customer success managers and team leaders are more focused than ever before. The modern SaaS customer success community is incredibly vocal and supportive with sharing their vast knowledge and insight with others.

Chief Customer Officer 70

Chief Customer Officer SaaS Education Best practices 70

ChurnZero

FEBRUARY 23, 2023

In other words, it’s far easier to convince someone who already knows, likes and trusts you to buy more—than it is to reach, educate and convert new customers—in a time when most budgets are under scrutiny. The key to effectively managing a customer lifecycle is metrics. So, how can we improve customer retention and loyalty?

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

FEBRUARY 23, 2023

In other words, it’s far easier to convince someone who already knows, likes and trusts you to buy more—than it is to reach, educate and convert new customers—in a time when most budgets are under scrutiny. The key to effectively managing a customer lifecycle is metrics. So, how can we improve customer retention and loyalty?

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

MAY 3, 2022

1: SuccessHACKER SuccessHACKER is a CS advisory firm with a mission to inspire, educate and empower the people who power the CS economy. Start with: CSM Mastermind: Sharing Customer Feedback Effectively CSM Mastermind: Handling High-Risk Customers and Preventing Churn Moments of Truth (playlist): Focused, impactful CS advice from leaders.

Journey mapping 52

Journey mapping Customer centricity SaaS Education 52

Callminer

AUGUST 1, 2017

Metrics, Measure, and Monitor – Make sure your metrics and associated goals are clear and concise while aligning with efficiency and effectiveness. Make each metric public and ensure everyone knows why that metric is measured. They don’t do anything else except maybe monitor a few calls and give some feedback.

Contact Center 334

Contact Center Call Center Average Handle Time Real estate 334

ChurnZero

JUNE 17, 2022

To share how to choose, track, and act on effective onboarding metrics, ChurnZero Customer Success Enablement Team Lead Bree Pecci joined CSM Practice for a drill-down into customer-centric onboarding. She also oversees onboarding and new hire training as well as ongoing education for the ChurnZero CS team. Episode highlights.

Metrics 98

Metrics SaaS Surveys Self service 98

JustCall

APRIL 3, 2023

Did you know that when it comes to SaaS customer success, acquiring a new customer can cost 4 to 5x more than retaining an existing one? This includes tracking usage metrics and identifying areas where the customer can benefit from additional features or services. This is where customer success comes in.

Upselling 52

Upselling Metrics Best practices Customer centricity 52

CSM Practice

DECEMBER 19, 2021

Usually, the SaaS business growth is categorized into 3 phases: . Irrespective of your selection, the technology should help you measure the metrics that matter the most like: Net Retention Rate . Customer Feedback tech. Community/Education/Learning tech tool. Which stage of growth are you currently in? Onboarding.

CRM 98

CRM Brand ambassadors Best practices SaaS 98

ChurnZero

DECEMBER 18, 2020

Hoping to shed light on the current state of Customer Success and its influence within B2B SaaS organizations, ChurnZero along with ESG and Higher Logic, invited Customer Success leaders to participate in a survey to learn more about the top initiatives and issues facing this function today. What are your metrics? What are your goals?

Chief Customer Officer 87

Chief Customer Officer Finance SaaS Benchmark 87

ChurnZero

AUGUST 24, 2018

SaaS metrics the CFO and CS leader both need to know. • Q: What advice or resources would you recommend for a business transitioning from a perpetual product to a SaaS model? If you have a maintenance component and you’re in a perpetual model currently, you might want to start building around these metrics.

Finance 61

Finance SaaS Education Customer retention 61

CustomerSuccessBox

JUNE 20, 2022

Now that you’ve chosen to read this article, I suppose you are already aware of the weightage that the Customer Success function holds for your SaaS business. In general, this tool offloads the heavy work of tracking and managing all the customer success metrics. Benefits of having a Customer Success Software for your SaaS business-.

Upselling 52

Upselling SaaS CRM Multi-channel support 52

Totango

AUGUST 18, 2022

A lot goes into crafting the ideal onboarding process for SaaS products. In the SaaS industry, onboarding is the process of guiding a new customer through the steps they need to start using the product they just purchased. Educating the customer on how your platform can support their business goals.

Journey mapping 92

Journey mapping SaaS Upselling Enterprise 92

Nicereply

DECEMBER 7, 2022

Next, ensure that the new employee understands the customer’s needs and how they can handle customer feedback. You might arrange an orientation or cultural training session to educate them about the company’s background, values, and how they are integrated into daily operations. Conclusion.

SaaS 52

SaaS Morale Feedback Accountability 52

JivoChat

JULY 20, 2021

More importantly, we’ll teach you how to retain customers with 16 powerful customer retention strategies, which are effective whether you own a SaaS company, e-commerce store, or freelance business. Close the Loop on Customer Feedback. Educate Your Customers. Why Do Businesses Need to Focus on Customer Retention?

Customer retention 52

Customer retention Gamification Education Self service 52

Nicereply

JUNE 8, 2022

For example, a SaaS company does not expect to serve a customer their entire life. Ultimately, CLV is a metric for how much you should be willing to invest in maintaining a given customer relationship. For instance, a big SaaS company like Ahrefs will invest tremendous time and effort in single customers because of their high CLV.

Advertising 52

Advertising Customer retention SaaS Feedback 52

JustCall

APRIL 5, 2023

Before we look at the top 7 customer success management tools, ensure that the CSM tool you select can: Identify and create accurate customer profiles Capture customer data, history, and feedback in real-time. This includes collating information from surveys, marketing initiatives, and/or team interactions, etc.

Management 52

Management CRM Analytics Customer retention 52

Totango

OCTOBER 23, 2020

As the first step in the customer journey , onboarding is centered around educating your new client on how to properly use your product and access its features. Customer feedback such as customer survey responses and satisfaction scores from various survey tools. . The Three Stages of Onboarding . New Customer Welcome .

Best practices 71

Best practices Metrics Enterprise Feedback 71

Amity

SEPTEMBER 25, 2017

I watched Account Management transform and evolve over the past few years, especially with the subscription-based economy and the growth of SaaS. Analyzing feedback and ticket trends is a good way to predict where the customer is heading and keep yourself relevant so they don’t outgrow you. What metrics do you watch closely?

B2C 0

B2C SaaS Accountability B2B 0

Solvvy

OCTOBER 25, 2022

Quantifying customer feedback on areas of your business – such as product quality, prices, user experience, and the effectiveness of live support – allows you to calculate the index for your business. . Still, you can use customer feedback to understand whether they plan to purchase again and what motivates them. .

Surveys 62

Surveys Benchmark Metrics Brand ambassadors 62

CustomerSuccessBox

MARCH 25, 2022

They both are of equal significance and when the matter is to retain your loyal customers to have repeat business with you, this metric needs a bit of attention as well. Which metrics should you track? When it is about SaaS business, surviving with customers for a long time can be most effective by retaining. So let’s bring it!

Customer retention 52

Customer retention Metrics Sales Customer centricity 52

CSM Practice

JANUARY 1, 2017

Recently, many companies are moving from on-premise to SaaS. Today, we will explore the differences between customer success program for SaaS vs. On-premise products. Irit Eizips: Today we’re going to compare on-premise and SaaS customer success programs. In the SaaS case, they’re “renting” your solution.

SaaS 58

SaaS Metrics Accountability Best practices 58

Nicereply

NOVEMBER 30, 2021

A study by Marketing Metrics revealed that businesses have a 20-40% chance of winning back a lost customer, as compared to a 5-20% chance of converting a prospect into a new customer. That can easily be done by asking for customer feedback through surveys. Is it worth winning back lost customers at all?

Surveys 104

Surveys B2C Benchmark Accountability 104

CSM Practice

JUNE 19, 2019

For example, we were hired to determine the best onboarding strategy for one of our SaaS clients that needed to scale their customer success operations. As such, it is no surprise that many SaaS companies offer train-the-trainer programs for their customers during the onboarding process. Formulating a Training Strategy.

Education 67

Education SaaS Feedback Accountability 67

Education Services Group

FEBRUARY 3, 2021

Customer Success as a Service ® provider ESG announces a partnership with inSided, the only Customer Success Community platform for SaaS and subscription-based companies. We’re here to help you improve metrics and accomplish your ultimate goal of reduced churn and increased retention. Learn more at esgsuccess.com. About inSided.

Customer advocacy 52

Customer advocacy SaaS Self service Consulting 52

Education Services Group

JULY 20, 2021

Product updates, like Marley talked about in the webinar, aren’t likely to be considered spammy because their focus is on information and education. A lot of our digital efforts then became about educating internally and providing self-service content to customers as seamlessly as possible.

Accountability 98

Accountability Chatbots Surveys Journey mapping 98

Nicereply

JUNE 18, 2020

SaaS and eCommerce have been around long enough that some companies now have customers for over a decade. If you let them go silently into the night, you’re missing out on a big opportunity for clear, unfiltered feedback. By keeping it open-ended they got specific, actionable feedback that they didn’t expect.

Customer retention 125

Customer retention Feedback Surveys Metrics 125

SmartKarrot

JANUARY 21, 2021

It is quite known that nearly 80 percent of companies use SaaS applications for various functions in their system. It is mostly SaaS products that rule the roost in the business world. SaaS or on-demand software goes back to the 1970’s. A SaaS product is an online software that users with a license have access to.

SaaS 11

SaaS Management Metrics B2B 11

AWS Machine Learning

MAY 3, 2023

The managed cluster, instances, and containers report metrics to Amazon CloudWatch , including usage of GPU, CPU, memory, GPU memory, disk metrics, and event logging. The system must make an educated initial guess as to the size of the cluster and instances that compose it.

Engineering 69

Engineering Metrics APIs Big data 69

ChurnZero

JUNE 17, 2022

To share how to choose, track, and act on effective onboarding metrics, ChurnZero Customer Success Enablement Team Lead Bree Pecci joined CSM Practice for a drill-down into customer-centric onboarding. She also oversees onboarding and new hire training as well as ongoing education for the ChurnZero CS team. Episode highlights.

Metrics 52

Metrics SaaS Surveys Self service 52