Totango

JUNE 24, 2022

A strategic approach to SaaS customer success includes several critical components: Technology plays a crucial role in SaaS customer success. SaaS technology and supporting apps should be used to implement a data-driven approach to customer success, automate best practices, monitor results, and manage performance.

Best practices 106

Best practices SaaS Journey mapping B2C 106

CSM Practice

MAY 28, 2020

However, despite the increase in the demand for an effective customer success manager and teams, there is no standardized incentive model to compensate them. In this guide, let’s explore the available compensation plans, the right framework for thinking about customer success manager salary, and best practices.

Best practices 126

Best practices Management SaaS Metrics 126

Totango

FEBRUARY 9, 2022

In a minimally proactive scenario, a company might assign individual account managers to email, text, or call customers at renewal time. Automatic renewal takes a much more proactive approach to ensuring customer renewal. A best practices renewal automation strategy, however, goes well beyond this minimum to ensure renewals.

Customer retention 96

Customer retention SaaS Best practices Upselling 96

CustomerSuccessBox

DECEMBER 4, 2018

That means the customer needs to renew their contract more than once. Without a high customer retention rate, a SaaS company will shut down, no matter how great the other metrics are. You may believe that if the customer does not have any problem, the customer will renew the contract. Are you ready?

Best practices 40

Best practices Customer retention SaaS Metrics 40

Totango

OCTOBER 2, 2020

Equipped with the knowledge provided by customer data, you can help your customer survive tough times by offering practical solutions that add value and ultimately contribute to customer retention during economic downturns — even ones caused by a pandemic. Establishing Customer Status and Goals.

Customer retention 118

Customer retention Enterprise Best practices Metrics 118

Callminer

AUGUST 6, 2019

In this guide, we’ll help you make more informed buying decisions by describing the various types of call center software, offering expert tips and guidance for choosing the best software solutions for your needs, as well as best practices for utilizing and implementing your call center software suite.

call center software 140

call center software Best practices Call Center Interactive Voice Response 140

Hodusoft

JUNE 7, 2024

Call Center Management: Challenges, Strategies, Tips, and Best Practices In today’s time, setting up a call or contact center is extremely easy. If you are an owner of a contact center and are looking for solutions to manage your contact center in the best possible manner, we at HoduSoft happen to have just the right tools for you.

Best practices 52

Best practices Call Center Omni-channel support Management 52

Totango

MAY 14, 2021

Customer retention is the keystone in any customer success strategy. There are many different types of customer retention metrics that one can track. Which customer retention metrics have the biggest impact on your business? Customer Retention Rate. Revenue Churn Rate.

Customer retention 65

Customer retention Metrics Upselling Best practices 65

ChurnZero

AUGUST 11, 2020

Did you know that 60% of SaaS companies reported a negative impact on customer retention and upsell deals due to the pandemic? Customer retention, along with new customer acquisition, has been challenging for most companies when the pandemic hit. Get a 360-Degree View of Your Customers . This is shocking.

Customer retention 97

Customer retention Chief Customer Officer SaaS Accountability 97

CustomerSuccessBox

APRIL 9, 2021

Why choosing the right Customer Retention Software has become so important for B2B SaaS Business? To know the answer, let’s have an overview of how customer retention works for B2B SaaS Business. Which of your customers are getting value and which are not deriving value out of your product. Account Health.

Customer retention 52

Customer retention B2B SaaS Accountability 52

CustomerSuccessBox

MARCH 31, 2022

Three simple reasons: Customer delight — The customer’s pleasant experience with a business is a powerful resource. It brings more referrals and ensures that clients stay loyal to your brand longer, which then leads to… Customer retention — It costs 5 to 25 times more to gain a new customer than to retain one.

Best practices 52

Best practices SaaS Upselling B2B 52

Totango

FEBRUARY 4, 2020

Customer-centric growth puts customers at the heart of your business strategy. While sales are always an important facet of any growth strategy, customer-centric growth means also emphasizing customer retention. This shift is rooted in the concept that when your customers succeed, so does your enterprise.

Customer centricity 71

Customer centricity Best practices Upselling Enterprise 71

Totango

APRIL 30, 2021

Comparing the cost of customer retention versus customer acquisition underscores why retaining clients is so important. Here’s how to calculate both kinds of costs and why retention should form part of a profitable business strategy. Calculating the Cost of Customer Acquisition. Professional services and training.

Customer retention 64

Customer retention Advertising Engineering Upselling 64

CustomerSuccessBox

MAY 18, 2022

This might be sufficient to save the account. If you believe you can handle the customer’s difficulties, it’s worth the time to reach out to them individually as a consequence of their comments on larger accounts. Just remember to maintain your empathy and avoid putting the customer under strain.

Best practices 52

Best practices Surveys Construction SaaS 52

ChurnZero

JANUARY 17, 2020

ChurnZero Power-Users Share Tips, Tricks and Best Practices. If your company is exploring the idea of implementing a dedicated Customer Success (CS) platform, the question of where to start can be daunting. Automating the onboarding journey provides one way to ensure every customer starts on the right foot.

Best practices 72

Best practices Upselling Accountability SaaS 72

Totango

FEBRUARY 10, 2021

A customer success strategy is a proactive plan for guiding your clients to outcomes that satisfy their needs. When your customers enjoy more value, your product adoption rates rise and customer retention rates go up. This promotes success for your company as well as your customers.

Customer retention 87

Customer retention Journey mapping SaaS Benchmark 87

PeopleMetrics

APRIL 15, 2016

In these past weeks, I’ve been able to confirm my suspicion about a lot of mobile customer experiences. Customer Experience Best Practices: Remember Context. Examples include getting driving directions, checking account balances, or confirming that actor was in that movie I saw. Want more best practices?

Best practices 88

Best practices Customer Experience Wireless Feedback 88

aircall

JANUARY 20, 2017

Call recording, voice recognition, and usage monitoring can help you keep tabs on how customers interact with your product, sales team, and support funnel. This lets you surveil product adoption and improve your customer retention, as well as zero in on frequent problem points in order to remedy them. Lower your costs.

Best practices 88

Best practices Customer Service Interactive Voice Response Wait times 88

ChurnZero

MARCH 22, 2019

This was just one of the takeaways from our well-attended webinar this week on- Understanding the Real Impact of Improving Retention and Customer Success Best Practices. We also had You Mon Tsang, CEO and Founder of ChurnZero share tried and true ways to improve customer retention.

Customer retention 61

Customer retention Upselling SaaS Customer centricity 61

Totango

MAY 6, 2022

Here we’ll cover what you need to know about customer health scores. We’ll define customer health score, what metrics go into it, and what it tells you about customer accounts. Then we’ll lay out some steps you can take to improve customer health scores. What Is Customer Health Score?

Best practices 120

Best practices Upselling Metrics Journey mapping 120

ShepHyken

MARCH 13, 2017

(TCFCR) Retailers would be wise to take direction from successful B-to-B enterprises and learn how to handle new customers, how to better serve the consumer, and mirror the way new business accounts are valued and coddled. My Comment: So many articles on customer service focus on the retail industry (B-2-C).

Customer Service 230

Customer Service Best practices Customer retention Customer Support 230

Education Services Group

OCTOBER 31, 2023

I crave to immerse myself in my customers’ stories. Simplify reporting so I can quickly focus on my accounts. Product and Partner Updates : Light up my world with notifications about new releases, campaigns, partnerships – everything that shapes our customers’ experience.

Best practices 52

Best practices Finance Upselling Customer retention 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 95

SaaS Customer retention Best practices Telecommunications 95

SmartKarrot

JUNE 4, 2020

Looking for some useful SaaS account management tips? As an account manager, you play a significant role in enhancing the growth of a company. Even an average amount of revenue will benefit you in the implementation of an account manager. To achieve the following, you must need SaaS account management best practices.

Best practices 10

Best practices SaaS Accountability Management 10

PeopleMetrics

MARCH 1, 2017

Build mutual trust with our customers."Waive Waive the overdraft fee for customers who overdraw their accounts the first time."Empower Guiding principles should be understandable, easy to repeat, and tied to the elements of your desired customer experience. Be one with the community."Make Empower women."Offer

Customer centricity 61

Customer centricity Best practices Banking Brand ambassadors 61

Totango

JUNE 30, 2020

Communication during a crisis is about protecting your core asset, your customers. The digital transformation of business has shifted enterprise focus toward customer retention and the pursuit of long-term value. Challenges such as the ongoing COVID-19 pandemic only reinforce the importance of keeping the customers you have.

Best practices 127

Best practices Customer retention Metrics Enterprise 127

Totango

MAY 11, 2021

Stakeholder engagement and management is critical for customer retention. These steps chart a path to communicating the value of your product and brand to your stakeholders, promoting higher engagement and retention. For optimal results, use software that allows you to automate best practices for these steps.

Management 88

Management Journey mapping Best practices Metrics 88

CSM Magazine

NOVEMBER 5, 2024

The platform integrates various customer service touchpoints, helping companies build lasting relationships with their customers. In today’s competitive environment, businesses that prioritize effective customer service see stronger customer retention and loyalty.

Customer Service 52

Customer Service Management Metrics Consulting 52

ChurnZero

SEPTEMBER 8, 2022

This is a guest post by Sara Barnes , vice president of Customer Success at Skilljar. Every Customer Success team focuses on keeping customers engaged and ultimately, preventing churn. Providing access to on-demand training enables CSMs to support more customers and create a faster onboarding process. Customer retention

Education 98

Education Benchmark Customer retention Metrics 98

SmartKarrot

MAY 15, 2023

Key Account Management (KAM) is the art of strategically managing and nurturing these vital accounts, unlocking their full potential and driving long-term growth. In this blog, we present the top seven books for Key Account Management, carefully curated to provide you with a treasure trove of insights, strategies, and practical advice.

Accountability 10

Accountability Management Best practices Customer retention 10

Totango

JUNE 30, 2021

Knowing how to boost product adoption after onboarding is critical for customer retention. Onboarding is a crucial time to provide the training and resources that customers need to make the most out of your product. Manage Larger Customer Adoption Issues. Boost Product Adoption to Increase Customer Retention.

Best practices 98

Best practices Customer retention Metrics Accountability 98

CSM Practice

DECEMBER 8, 2019

At the same time, a 5% increase in customer retention rates can increase profits by up to 95%. Why Do Customers Churn? Understanding the numerous reasons for customer churn enables SaaS business to conduct better churn analysis, mitigate churn, increase customer retention, and consequently increase revenue.

SaaS 88

SaaS Customer retention Accountability Feedback 88

Satrix Solutions

JULY 28, 2021

As many studies have demonstrated , a company-wide focus on delivering a strong customer experience at every touchpoint will often have very positive effects on a business. A CX survey program that fails to invite the right customer contacts, thereby skewing the data and findings towards those who may not be your key stakeholders.

Customer Experience 122

Customer Experience B2B Surveys Construction 122

Totango

DECEMBER 15, 2020

You can improve customer success by using technology to promote better experiences of your brand throughout your customer journey. One way to do this is by automating the stages of your customer journey. By defining best practices for each stage, you can create and automate standard procedures to promote positive experiences.

Best practices 114

Best practices Accountability Personalization Technology 114

ChurnZero

MAY 4, 2023

There’s a closely held growth secret among large B2B professional services firms, like consultants, accountants and law firms, that Customer Success Managers (CSMs) might appreciate: The more relationships a client has across a firm, the lower that client’s flight risk.

SaaS 98

SaaS Best practices Gamification Feedback 98

CSM Magazine

APRIL 19, 2023

With personalized services, customers can get tailored experiences that fit their needs, preferences and lifestyle. This helps companies build trust and loyalty with their customers, as well as improve customer retention rates. This helps reduce wait times and allows customers to get the answers they need faster.

Customer Service 52

Customer Service Best practices Wait times Feedback 52

ClientSuccess

FEBRUARY 8, 2023

Research Vectors by Vecteezy Many customer success leaders in the SaaS space are faced with the same question: who should own customer renewals? It’s an important question to answer, as it can make all the difference in customer retention and long-term success. Things To Consider… How complicated are your contracts?

SaaS 71

SaaS Upselling Accountability Sales 71