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Customer Retention Metrics: The Metrics That Matter

Totango

There are many different types of customer retention metrics that one can track. Which customer retention metrics have the biggest impact on your business? Your most fundamental key performance indicator for tracking and managing retention is your customer retention rate (CRR). Customer Retention Rate. Customer Health Score.

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Customer Success and Upsells: How to Make the Most of Opportunities

Totango

When your goal is to grow your customer’s business, upselling becomes a means, not an end. Upsells are the result of the growth a customer has enjoyed because of your commitment to delivering lifetime value. It’s also worth noting that up to 70% of revenue in a subscription business comes from existing customer renewals and upsells.

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The MVPs of Customer Success Metrics (Most Valuable Performance Indicators)

ClientSuccess

There are an overwhelming amount of metrics that you can measure to track customer success. So, to break through the fray and give you a place to start, Client Success has created THE list of the most valuable customer success metrics. If your company is B2B, this could be interpreted as average revenue per logo.

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Why NRR (net revenue retention) is the one metric to rule them all for SaaS

ChurnZero

asked the managing partner of a venture firm while we were in the final stages of their due diligence. Cut to 2022, and the idea that a SaaS company could secure venture funding without investors digging deep into retention metrics seems comical, if not reckless. Customer success owns a large portion of that metric.

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How to Become a Customer Experience Manager

Fonolo

Customer experience managers in the contact center have never mattered more. Excellent customer experience is a must and should never be overlooked. If you’re considering a career as a customer experience manager for a contact center, this blog post will guide you on how to get there. CX matters!

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Top 6 Contact Center Trends for 2022

Calltools

Here are six contact center trends that managers should respond to when assisting reps, streaming campaigns and improving the customer experience in 2022. . In 2022, as the pandemic continues, more call center managers are investing in technology and training that allow agents to manage difficult calls. The phone rings.

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How to Monitor and Manage Product Engagement

Totango

Tracking this alerts you to churn risks as well as upsell opportunities, empowering you to take appropriate action. Systematically tracking these KPIs positions you to proactively manage and improve engagement. Why Manage Product Engagement? A highly engaged customer may be in the market for an upsell offer.