Satrix Solutions

FEBRUARY 12, 2020

And there are also various contact roles across customer accounts. If you’re not gathering robust and representative data across all key customer contact roles and segments to guide actions that will improve the customer experience, you’re at risk for losing market share to your competitors.

B2B 78

B2B Feedback Consulting Consulting 78

ShepHyken

FEBRUARY 25, 2022

Customer service is essential to the loyalty of your clients. Loyalty leads to customer retention, and retention is vital for businesses because the cost of acquiring new customers is on average five times higher than retaining your existing clients. Customer service starts with people .

outsourcing 156

outsourcing Customer retention Contact Center Wait times 156

aircall

JUNE 30, 2021

Many look to the company for ways to improve customer retention. Email: Ring’s Secret to Improve Customer Retention. For one thing, it sends new customers emails to share tips on properly setting up the product. However, Ring is not the only company to reap the rewards of its stellar customer retention strategies.

Customer retention 62

Customer retention Customer advocacy Brand ambassadors Wait times 62

ChurnZero

MARCH 3, 2020

Top 10 Must Attend Conferences in 2020 for Customer Success Professionals. It’s also a great opportunity to meet and network with peers within the Customer Success community. Below you’ll find the chronologically ordered top ten conferences Customer Success professionals should attend in 2020 to help grow their careers.

SaaS 72

SaaS Chief Customer Officer Best practices B2B 72

ChurnZero

JUNE 16, 2020

Matt Wallace (@wall_ace_m) June 10, 2020. . Customers Demand Value. Customers expect more and want to align value paid with value received,” says @gulatisa at @SaaStock Remote. Ordway (@ordwaylabs) June 10, 2020. ChurnZero (@churnzero) June 11, 2020. Karishma Rajaratnam (@KarishmaTweets) June 13, 2020.

SaaS 92

SaaS Customer centricity Customer retention B2B 92

JustCall

FEBRUARY 5, 2020

With 2020 opening up, the education industry is all set to witness more advancements. Be it the functions of a sales team or the support, accounting or product management, the education market has been facing the following several challenges with growth. heavy paperwork leading to errors in accounting. loss of tracks of leads.

Education 84

Education CRM Sales Upselling 84

CCNG

OCTOBER 19, 2022

(Oracle, 2011) Businesses have a 60 to 70% chance of selling to an existing customer while the probability of selling to a new prospect is only 5% to 20%. Marketing Metrics, 2010) Increasing customer retention rates by 5% increases profits anywhere from 25% to 95%. Another 28% are willing to give mobile messaging a chance.

Customer Experience 195

Customer Experience Journey mapping Metrics Surveys 195

TeamSupport

MARCH 3, 2021

The largest drivers were new customers, higher user adoption of product features, and more proactive outreach by Support. Most customer support interactions today are reactive, but proactive support is on the rise. Research is a crucial part of customer retention that can help reduce turnover dramatically.

B2B 98

B2B Upselling Customer retention Customer Support 98

ChurnZero

DECEMBER 20, 2019

20 Customer Success Predictions for 2020 . Fast forward to 2020 and Wi-Fi has become the lifeline to our (digital) existence—with almost half of the 7.7 T hat’s why we asked some of the top Customer Success (CS) leaders to share their industry predictions for 2020. The year was 1909.

Chief Customer Officer 61

Chief Customer Officer Sales SaaS Customer centricity 61

Call Experts

MARCH 31, 2022

Our highly trained experts are available 24/7, 365 days, to address all your accounting front desk needs. According to a recent study , “For 86% (of respondents), good customer service turns one-time clients into long-term brand champions.” Provide Better Customer Service With 24/7 Availability During Tax Season.

Answering services 98

Answering services Accountability Customer retention Analytics 98

Totango

DECEMBER 3, 2020

Across the globe, 2020 has proven to be an incredibly transformative year, with the global pandemic changing how we work and interact with one another on a daily basis. Looking back at the 2020 Customer Success Salary Report , this year has also had a particularly influential effect on the Customer Success (CS) Industry.

Upselling 65

Upselling Accountability Enterprise Metrics 65

ChurnZero

JANUARY 10, 2020

As SaaS gets more serious about Customer Success, their representation on the executive and C-suite level will follow (as envisioned in our 2020 Customer Success predictions ; see #2). Based on LinkedIn research, Customer Success r oles saw 34% annual growth —qualifying them as one of the top emerging jobs in 2020.

Chief Customer Officer 52

Chief Customer Officer SaaS Customer retention Engineering 52

Totango

JUNE 26, 2020

COVID-19’s effect on customer churn may have already begun, but there is still plenty you can do to increase customer engagement and retain the customers you have worked hard to win. Lean on Customer Data Segment Your Customers Be Proactive Communicators Be Flexible Revisit Goals and Success Points.

SaaS 98

SaaS Customer retention Best practices Telecommunications 98

SharpenCX

DECEMBER 4, 2019

Two weeks ago, I sat at my desk with my headphones on digging into the 2020 contact center trends headed your way next year. Your agents have such a massive impact on CX, they’re now given a name that reflects what they do… make (or break) customer happiness. And, Glassdoor is predicting 2020 will kick off a culture-first decade.

Contact Center 67

Contact Center Customer Experience Wait times Contact center software 67

Babelforce

OCTOBER 2, 2020

2020 is speeding by – and it hasn’t been easy for anyone. In this post: Acquisition and loyalty Debt Recovery The Cloud Automation API Integration / Development Customer Service / CX General Call Center Statistics. Companies that increased customer retention by 5% also increased their profits between 25%-95%. The upshot?

Contact Center 52

Contact Center APIs Call Center Wait times 52

Method:CRM

JULY 15, 2020

This means you can count on them to come back, make future purchases, and maybe even refer some new customers to you. Long story short — repeat customers are every small business owner’s dream. While many customer retention strategies can help you drive repeat business, one among them stands out — using a CRM solution. .

CRM 95

CRM Sales Customer retention Banking 95

ClientSuccess

SEPTEMBER 21, 2020

As a customer success leader in 2020, you’re either currently working with a customer success management platform or actively looking to invest in a new solution. Modern CSMs are turning to customer success solutions to drive customer satisfaction, retention, and growth for customers.

Accountability 69

Accountability Metrics Customer retention Feedback 69

JustCall

FEBRUARY 25, 2020

The year 2020 calls for progressive financial services. A well-stacked tech stack for financial services should comprise key categories like Communication, Helpdesk and Shared Inbox, Accounting, CRM and Product Management. Helpwise is a Shared Inbox tool for your team email accounts like help@, sales@, jobs@. Communication.

Finance 59

Finance CRM Accountability Sales 59

Kayako

JULY 28, 2022

Data cited in a Harvard Business Review article shows a strong preference for self-service: Across industries, 81% of all customers attempt to solve their problems with self-service options before reaching out to a live representative. Because customers do not like to spend time or effort dealing with customer service issues.

Management 116

Management Customer Service Self service B2C 116

Kayako

SEPTEMBER 29, 2016

Customer service is incredibly important to any business. So important, even, that by 2020, it’s projected that customer experience will overtake price and product as the key brand differentiator. So it’s safe to say that customer service is important. 3 ways to create a customer service philosophy.

Omni-channel support 101

Omni-channel support Customer Service Self service Customer retention 101

Kayako

APRIL 1, 2022

Drive sales and grow customer loyalty with email, social, live chat, and help center support software. Even before the global pandemic spiked eCommerce shopping and doubled online sales in 2020, growth forecasts for eCommerce showed a steady increase in sales and the percentage of total retail sales. Continued Growth in ECommerce.

Sales 112

Sales Upselling Personalization Chatbots 112

ChurnZero

MAY 15, 2020

As an emerging discipline, Customer Success has not experienced a global health or financial crisis during its relatively brief lifetime. Facing massive economic instability for the first time, Customer Success teams had to devise crisis preparedness and communication plans as well as customer retention strategies to minimize churn.

Benchmark 72

Benchmark Accountability SaaS Customer retention 72

Comm100

JANUARY 21, 2020

For a customer who is visiting a second time, or from a specific location, a personalized deal might be offered instead (“see something you like? Comm100’s 2020 Live Chat Benchmark Report found that about 5% of outbound chats are accepted by web visitors and turned into meaningful interactions with the brand. Remember: Be mobile-ready.

B2C 90

B2C B2B Benchmark Best practices 90

Education Services Group

NOVEMBER 7, 2019

The days are getting shorter, the air is getting cooler, and that can mean only one thing: it’s time to start planning your Customer Success strategy for 2020. First, from a CS perspective, what are the most important metrics that organizations should look at as they work through their 2020 planning? Fall is in the air!

Metrics 45

Metrics Marketing Finance Surveys 45

Totango

NOVEMBER 12, 2020

A decline in new business opportunities brought about by belt-tightening in the market is encouraging the use of Customer Success best practices to retain and grow opportunities with existing customers. In uncertain times, however, it is difficult to predict customer behavior or anticipate future needs. Sonar’s Success Story.

Technology 108

Technology Customer centricity Enterprise Surveys 108

Callminer

AUGUST 6, 2019

Call Accounting: Also known as call logging, these tools collect and record phone usage within a call center. Call centers that are understaffed: IVRs personalization tools and tailored messaging allow businesses to deliver personalized service to customers even during periods of understaffing. How does AI help customer service agents?

call center software 140

call center software Best practices Call Center Interactive Voice Response 140

BlueOcean

SEPTEMBER 27, 2021

This report gives a deep dive into the revenue share of each segment of customer experience. In particular, we were interested to see that in 2020, text analytics accounted for 41% revenue share. This indicates how much companies are seeking unbiased insight into customer sentiment across comments, reviews, feedback, and more.

Customer Experience 71

Customer Experience B2B B2C Contact Center 71

CustomerSuccessBox

SEPTEMBER 7, 2021

With Customer Success teams who work on onboarding automation and efficiency to set their customers up for a strong initial footing, this will result in long-term success. Pro Tip: Designing a Customer Onboarding Framework for B2B SaaS. #2 Data plays a vital role in customer retention and growth and hence in customer success.

Journey mapping 96

Journey mapping Engineering SaaS Upselling 96

ClientSuccess

JANUARY 12, 2021

While this mantra may be on most of our minds this year (especially after the complete doozy of 2020), some customer success managers (CSMs) may be having other thoughts. Instead of trying to take a completely new approach to working with customers, CSMs should try to build off of what they learned this past year.

Journey mapping 53

Journey mapping SaaS Accountability Customer retention 53

Hello Customer

NOVEMBER 10, 2020

E-commerce heavily accelerated in 2020 due to the pandemic. Not only did this increase the customer expectations of ordering online, but it also ramped up the competition for online sales. With digital retail moving into the spotlight, your customers are now won and lost in your online store.

Advertising 98

Advertising Feedback Metrics Surveys 98

ChurnZero

JUNE 12, 2020

If you replied, “Customer Success Director or above,” you’re not prioritizing your team by spending valuable leadership time on administration when it should be used to build your team’s strategy and remove obstacles in their way. Who ensures the renewal process happens for all your accounts? So, what is Customer Success Operations?

SaaS 80

SaaS Metrics Customer retention Analytics 80

ChurnZero

FEBRUARY 7, 2020

So, what’s the job outlook for Customer Success professionals? LinkedIn’s 2020 Emerging Jobs Report named Customer Success as one of the top emerging jobs in the U.S. In fact, Customer Success is taking the world by storm—ranking in every country they studied: #2 in Argentina . #6 6 in the U.S. #2 2 in Mexico. #6

SaaS 64

SaaS Transportation B2C Customer retention 64

Totango

NOVEMBER 12, 2020

A decline in new business opportunities brought about by belt-tightening in the market is encouraging the use of Customer Success best practices to retain and grow opportunities with existing customers. In uncertain times, however, it is difficult to predict customer behavior or anticipate future needs. Sonar’s Success Story.

Technology 92

Technology Customer centricity Enterprise Surveys 92

Satrix Solutions

JULY 21, 2021

In challenging times, it feels more important than ever that Customer Success and Product are not just aligned but allied. What are one or two of your most recommended approaches for minimizing customer churn? SaaS onboarding makes or breaks your customer retention.

Chief Customer Officer 78

Chief Customer Officer SaaS Customer retention Metrics 78

CustomerSuccessBox

JULY 2, 2021

They act as catalyst for customer retention. . How are customer success managers measured? Most common KPIs for customer success managers is renewals. Additionally customer retention they may also be responsible for driving customer onboarding, upsells. . What do Customer success managers do?

Management 52

Management Customer retention Upselling Accountability 52

ChurnZero

JANUARY 3, 2020

At ChartMogul, metrics are a powerful tool to get the whole team on the same page and make everyone (including managers) accountable for their achievements. Our initial goal when we started building up the customer success team, was to be very responsive to customer requests. Customer Success Around the Web.

SaaS 64

SaaS Metrics Engineering Feedback 64

CustomerSuccessBox

MAY 11, 2021

A SaaS customer only pays 5-15% of total potential Lifetime Value upfront, the rest will only come in as future revenue IF you’re able to retain that customer. a mere 5% increase in customer retention could increase profits by 25-95%. . They were unable to handle growing accounts at this pace.

SaaS 52

SaaS Gamification CRM Accountability 52