ChurnZero

MARCH 31, 2022

Did you catch our Customer Success and SaaS metrics crash-course webinar with leading SaaS expert Dave Kellogg, of Dave Kellogg Consulting ? We’d like to extend a huge thanks to Dave for his expert insights below, which will help you choose and use Customer Success and SaaS metrics in a more nuanced and purposeful way.

SaaS 98

SaaS Metrics Accountability Technical Support 98

ChurnZero

SEPTEMBER 8, 2021

A year has gone by since the COVID-19 pandemic shuttered doors to in-person conferences, and the industry responded accordingly by converting most live events into virtual experiences. Today, the industry is starting to meet face-to-face again as vaccines are being distributed across the country. Register for SaaStr Annual 2021 here.

Personalization 52

Personalization SaaS Upselling B2B 52

Totango

JANUARY 31, 2019

The personalization of subscription services means customers expect an individual experience from every product they engage in or they will simply move to a competitor. In order to do that, you need to use the right SaaS customer engagement metrics. Key Customer Engagement Metrics. The metrics are: Monitoring usage frequency.

SaaS 79

SaaS Metrics Accountability Education 79

CSM Practice

JUNE 6, 2020

The renewal rate metric also provides a quick overview of customer success team performance before in-depth analysis. A low renewal rate indicates an inability to meet customer needs or deliver value to those that churned. A low renewal rate creates a leaky revenue bucket that prevents significant revenue growth. What is Renewal Rate?

Metrics 89

Metrics SaaS Accountability Upselling 89

ChurnZero

MARCH 24, 2023

1: Is NPS a Customer Success metric? Stephanie Berner: My answer is unequivocally no— Net Promoter Score (NPS) should not be a CS metric. So many CEOs and CROs are searching for a singular metric to measure performance because they’re used to managing sales teams. Here’s why. Value is very hard to measure.

Upselling 98

Upselling Metrics SaaS Sales 98

ChurnZero

MARCH 24, 2023

1: Is NPS a Customer Success metric? Stephanie Berner: My answer is unequivocally no— Net Promoter Score (NPS) should not be a CS metric. So many CEOs and CROs are searching for a singular metric to measure performance because they’re used to managing sales teams. Here’s why. Value is very hard to measure.

Upselling 97

Upselling Metrics SaaS Sales 97

Totango

SEPTEMBER 18, 2020

Customer success metrics should always lead to action. The most important metrics are used to reveal the kind of customer experience you are delivering. The 6 Key Areas of Customer Success Metrics. There are six key areas of the customer experience that can be accurately measured using customer success metrics.

Metrics 62

Metrics Enterprise Feedback Upselling 62

Horizon CX

FEBRUARY 29, 2024

The Power of Purging Perfunctory Performance Introduction In the bustling world of business, where metrics often dominate discussions and efficiency reigns supreme, one crucial aspect can sometimes be overlooked: the human element. However, perfunctory service erodes customer loyalty by failing to establish meaningful connections and rapport.

Morale 52

Morale Customer centricity Upselling Feedback 52

Totango

DECEMBER 29, 2021

This promotes customer satisfaction, benefiting your clients and bringing your business higher retention rates and upsell revenue. A customer-centric product roadmap meets the needs of today’s digital-driven SaaS market. Several key metrics can help you evaluate the performance of your upgrade efforts.

Customer centricity 97

Customer centricity SaaS Upselling Metrics 97

OctopusTech

JUNE 29, 2023

5 Main Functions Of Outbound Call Center Services Setting appointments and reminders Outbound call center services help different businesses in scheduling meetings and appointments with their clients. It is generally measured in outbound call center metrics like customer retention rate (CRR), churn rate, and customer lifetime value (CLV).

Customer retention 62

Customer retention Call Center Upselling outsourcing 62

ChurnZero

DECEMBER 17, 2021

In the SaaS industry, Customer Success upsell and cross-sell opportunities are commonly incorporated into expansion management. Churn rate is a major metric for SaaS companies to keep an eye on. Don’t nudge customers toward a cross-sell or upsell when they’ve only just finished their onboarding process. Timing is Everything.

Management 98

Management Upselling SaaS Education 98

Totango

MAY 10, 2022

Trials of upsell products. Communicating this requires high-touch engagement strategies, such as meeting with executives and stakeholders to establish goal-oriented KPIs and review performance. Promoting product usage increases the value clients derive from your product, increasing the likelihood of renewals, upsells, and referrals.

Journey mapping 76

Journey mapping SaaS Enterprise B2B 76

Lumoa

APRIL 28, 2024

But how can you support your customers on all the different channels they reach out on and offer a personalized yet unified response? In your CX platform dashboard, you can see how your customers behave across all touchpoints and can personalize your interactions with them based on their behavior and preferences.

Feedback 83

Feedback Consulting Consulting Enterprise 83

Totango

NOVEMBER 25, 2020

To prevent these churn-centered scenarios , organizations are increasingly turning to platforms like Totango to engage customers on a personalized level that their rivals can’t match. . Feedback metrics like NPS and CSAT scores. Product usage and adoption metrics. Personalized Engagement With Clients. Financial data.

CRM 107

CRM Upselling Metrics Accountability 107

TechSee

MAY 18, 2022

While these metrics measure agents’ productivity, occupancy only considers the time agents are active when logged in , while utilization includes total work time. For example, team meetings or training would not be included in the equation because agents would not be capable of engaging with customers during that time.

Call Center 109

Call Center Contact Center Benchmark Agent burnout 109

Totango

MAY 5, 2021

Once these metrics are recorded, you can use this information to proactively engage customers and meet their needs in a more personalized way. How well the product meets their needs. There are a variety of surveys and metrics you can use to measure these different elements. Did certain features play a part?

Customer Experience 118

Customer Experience Education Customer centricity Metrics 118

CSM Magazine

DECEMBER 6, 2023

It also ensures employees know how to engage with customers in a way that meets their needs and beyond. When employees are well-trained and equipped with the necessary skills and knowledge to handle customer interactions effectively, they can provide each client with a personalized and tailored experience.

Upselling 52

Upselling SaaS Advertising Marketing 52

Totango

SEPTEMBER 11, 2020

For any business, the question of how to meet the needs of the client is front and center. However, in a world where Customer Success teams often have dozens of accounts to care for, it can be challenging to fully understand the specific needs of individual client accounts and to find time to reach out to each client to meet those needs. .

Upselling 81

Upselling Enterprise Healthcare Metrics 81

JustCall

APRIL 3, 2023

It’s like extending a personal guide to your customers—one who is there to support them every step of the way. This includes tracking usage metrics and identifying areas where the customer can benefit from additional features or services. Patience: Customers can be frustrated, angry, or confused when they reach out for support.

Upselling 52

Upselling Metrics Best practices Customer centricity 52

Global Response

MARCH 13, 2024

Creating a seamless, personalized customer experience (CX) is one of the most crucial investments businesses can make today. As customer behavior and preferences change, businesses must adapt quickly to meet these expectations. Outsourcing CX allows you to quickly adapt to meet the needs of your new customers.

outsourcing 62

outsourcing Best practices Feedback Customer retention 62

Real Blue Sky

NOVEMBER 21, 2023

Personalized interactions that make customers feel valued can transform a one-time buyer into a lifelong patron. Upselling and Cross-Selling Upselling and cross-selling are time-tested strategies that, when done right, can feel like a natural extension of the customer service experience.

Employee engagement 105

Employee engagement outsourcing Upselling Customer retention 105

Totango

AUGUST 9, 2022

B2B customer segmentation gives you the power to customize your service and even personalize it for individual clients. This lets B2B businesses customize their operations for groups of customers with common characteristics or personalize them for individual clients. What Is B2B Customer Segmentation?

Best practices 99

Best practices B2B Journey mapping Upselling 99

Totango

DECEMBER 3, 2020

CS professionals now attest that their bonus structures are tied to company performance, renewals, net retention, upsells, and account health. . Account Health (Cited by 47% of Respondents): Customer health scores illustrate whether a client is ready for an upsell, at-risk of churning, or anywhere in between.

Upselling 64

Upselling Accountability Enterprise Metrics 64

Totango

FEBRUARY 6, 2020

The following key factors will help you gather and share customer information so that every member of your enterprise can provide personalized, proactive value to customers. Every touchpoint along the customer journey—from the initial sales event to support tickets, product usage metrics, and customer feedback —generates unique data.

Enterprise 92

Enterprise Customer centricity Metrics Upselling 92

JustCall

OCTOBER 19, 2023

About 80% of customer organizations use customer satisfaction (CSAT) as a metric to gauge customer experience. They provide a great opportunity to cross-sell and upsell as well. This allows agents to provide more personalized and effective support to the customer. Call center efficiency eventually leads to customer satisfaction.

Call Center 52

Call Center Upselling CRM Best practices 52

CustomerSuccessBox

JUNE 20, 2022

In general, this tool offloads the heavy work of tracking and managing all the customer success metrics. To do that, they need to: Track a dozen of complex metrics, Study analytics, Optimize the onboarding workflows, and Monitor the “n” number of other tasks. Detect and Act on Upsell & Cross-sell Opportunities.

Upselling 52

Upselling SaaS CRM Multi-channel support 52

Totango

JANUARY 30, 2020

That having been said, research supports the fact that customer experience, satisfaction, net promoter score, and other metrics are all higher/better when owned by CSMs. Access to accurate information helps every team member provide personalized, intelligent engagements and ensures the customer never needs to repeat themselves. .

Accountability 71

Accountability Management Upselling Enterprise 71

Totango

JANUARY 30, 2020

That having been said, research supports the fact that customer experience, satisfaction, net promoter score, and other metrics are all higher/better when owned by CSMs. Access to accurate information helps every team member provide personalized, intelligent engagements and ensures the customer never needs to repeat themselves. .

Accountability 63

Accountability Management Upselling Enterprise 63

ChurnZero

JANUARY 18, 2024

What we love about it: Business, customer and financial metrics are evenly cited multiple times in the description. Collaborate with sales and account management teams to identify and pursue upsell and cross-sell opportunities for other software products and professional services.” CCOs make a crucial contribution to business.

Chief Customer Officer 52

Chief Customer Officer SaaS Sales Upselling 52

ChurnZero

DECEMBER 17, 2021

In the SaaS industry, Customer Success upsell and cross-sell opportunities are commonly incorporated into expansion management. Churn rate is a major metric for SaaS companies to keep an eye on. Don’t nudge customers toward a cross-sell or upsell when they’ve only just finished their onboarding process.

Management 52

Management Upselling SaaS Customer retention 52

GetFeedback

MAY 9, 2019

We’ll go into more detail below as to why, but for now, here is our definition: Great customer experience means meeting or exceeding the expectations of your customer during all interactions with your company. We don’t expect it as consumers—we anticipate that brands will always meet our needs and wants. We won’t mind. . 73% of U.S.

Customer Experience 134

Customer Experience Metrics Journey mapping Feedback 134

ChurnZero

JANUARY 25, 2024

CS teams are increasingly involved in the entire customer journey, not only shaping the customer experience but directly influencing revenue outcomes through renewals, upsells, and cross-selling. In 2024, tracking these metrics and demonstrating their impact are essential skills for CS professionals.

Education 52

Education Upselling Consulting Consulting 52

JustCall

MAY 4, 2023

By tracking the key success metrics and analyzing sales data, companies can uncover areas of improvement, optimize their sales processes, and boost revenue. In this guide, we will discuss how sales leaders can measure sales performance, what metrics to focus on, and what tools to use. Let’s start with the basics!

Sales 52

Sales Metrics Analytics CRM 52

JustCall

MAY 4, 2023

By tracking the key success metrics and analyzing sales data, companies can uncover areas of improvement, optimize their sales processes, and boost revenue. In this guide, we will discuss how sales leaders can measure sales performance, what metrics to focus on, and what tools to use. Let’s start with the basics!

Sales 52

Sales Metrics Analytics CRM 52

Totango

MARCH 5, 2021

It’s an invaluable metric and, with this data in hand, you can spot any problems and work on keeping your customers satisfied in the long run. First , actively monitoring your CRR provides you with an objective metric to measure the effectiveness of your customer retention strategy. How to Improve Your Customer Retention Rate.

Customer retention 85

Customer retention Upselling Enterprise Benchmark 85

Totango

MAY 14, 2019

You’ll also need to use different metrics for each stage of the customer journey, including different KPIs for onboarding , escalation , adoption , and renewal. Be as specific as possible; remember, the goal here is to provide personalized service. This metric is about measuring how well your product meets customer expectations.

Metrics 93

Metrics Surveys Upselling Advertising 93

Totango

APRIL 11, 2019

To improve the diagnostic value of customer success health scores, build them around the right metrics and derive solutions by understanding how those metrics impact customer lifetime value. It is a powerful tool for capitalizing on potential upsell opportunities and preventing customer churn.

Metrics 86

Metrics Upselling Accountability Enterprise 86