Totango

MAY 1, 2020

Retaining existing customers is especially important during uncertain economic times, when fewer new customers may be signing on with your service. That’s why customer retention management software is a vital component of your retention strategy. What Are the Benefits of Customer Retention Management Software?

Customer retention 62

Customer retention Management Enterprise Upselling 62

ChurnZero

APRIL 25, 2025

Step 1: Collect the data and tools that matter (but dont overdo it) Its tempting to gather up everything you can find from native and third party sources, but blindly harvesting data will only burden your analysis later. Focus on collecting and tracking the metrics that are most meaningful to your teams retention strategy. Take a look.

Finance 52

Finance Metrics Engineering Construction 52

Totango

FEBRUARY 12, 2025

Why customer health is vital for enterprise growth Enterprise B2B organizations often face a daunting challenge how to maintain strong relationships when managing thousands of customers across multiple verticals, regions, and use cases. A robust customer health model offers a solution.

Enterprise 62

Enterprise Metrics Accountability Construction 62

Lumoa

AUGUST 8, 2023

This article offers a comprehensive guide on how to analyze survey results efficiently, covering everything from the basics to advanced techniques, and provides actionable solutions to common challenges in customer feedback analysis faced by businesses today. This shows the tangible, bottom-line benefits of listening to your customers.

Surveys 78

Surveys Feedback Banking Best practices 78

ChurnZero

DECEMBER 17, 2021

Customer acquisition and customer retention are cornerstones of building and maintaining revenue, but customer expansion — and a robust customer expansion strategy — can also be pillars of success. Resulting higher revenues are just that: a byproduct of increased customer satisfaction. Timing is Everything.

Management 98

Management Upselling SaaS Education 98

Global Response

AUGUST 7, 2023

There’s no business out there who doesn’t want to improve their customer retention and CLV. The secret weapon to improving customer retention and CLV? First, customer retention rates are always measured based on a specific timeframe, typically monthly, quarterly or annually. Your call center.

Customer retention 62

Customer retention Call Center Upselling Personalization 62

Callminer

SEPTEMBER 14, 2020

Bottom Line: The optimal role of a business analyst in call center operations is to improve the customer service experience by optimizing operations through trend and data analysis and identifying and implementing strategies based on the data to improve efficiencies within the call center. Andrew Tillery. MAPCommInc. Lynn Hope Thomas.

Call Center 182

Call Center Analytics First call resolution Metrics 182

CustomerSuccessBox

MAY 25, 2021

Have you ever heard any SaaS founder or VP -CS saying,” I‘m okay with losing a few customers every month?”. That’s because Customer Retention is critical. Customer retention is critical — particularly for B2B SaaS companies. Retaining a customer is way more profitable than acquiring new ones. .

Customer retention 52

Customer retention Metrics Upselling SaaS 52

ChurnZero

AUGUST 15, 2024

One of the most effective ways to achieve this is to leverage AI for customer retention by using it to understand customer trends and mitigate churn risks. Now, back to crafting those perfect customer experiences—happy retaining! How to leverage AI for customer retention by identifying actionable trends.

Customer retention 52

Customer retention Management Accountability Analytics 52

ChurnZero

MARCH 7, 2025

An active digital customer community is a competitive advantage for any B2B SaaS company. Well-managed communities are proven to increase customer retention, provide valuable product insights, expand brand awareness, and improve overall customer satisfaction. The three stages of digital community platform evolution.

SaaS 52

SaaS Gamification B2B Metrics 52

Totango

FEBRUARY 9, 2024

Going back to our football example, net retention, or net revenue retention (NRR), takes on the role of the offense, orchestrating clever plays to score points by retaining existing customers while making strategic moves to gain additional yards (revenue). Calculate it!

Upselling 115

Upselling Metrics Enterprise Best practices 115

CSM Practice

MAY 13, 2020

CSM Practice conducted a weekly survey to observe potential improvements with how the crisis impacted SaaS companies and customer success management teams. We generated an overall analysis of the pandemic effects on Customer Success from around the globe. Renewals and Upsell Deals. Sales and Customer Success.

SaaS 83

SaaS Surveys Upselling Customer retention 83

Totango

APRIL 13, 2021

This metric is also known as gross revenue retention (GRR), which highlights the fact that we’re talking here about revenue retention rather than customer retention , at least directly. Of course, these two things are indirectly related, in that the more customers you retain, the more revenue you retain.

Upselling 71

Upselling Customer retention Metrics Enterprise 71

Totango

MAY 24, 2022

Support sales teams by empowering representatives to store and access notes on customer history. Analysis of customer data to qualify, score, and prioritize sales opportunities. Customer relationship management apps and customer success platforms serve different purposes. Automatically scheduling sales meetings.

CRM 96

CRM SaaS Enterprise Sales 96

Totango

MARCH 29, 2022

Teams can use information from the Totango Integration with HubSpot like account, contact, contract value, renewal dates, and product usage data to create retention plans for 120, 90, 60 and 30 days out. Increase product adoption and identify opportunities for upsell. Grow customer advocacy and change detractors into promoters.

Customer advocacy 101

Customer advocacy Upselling Accountability Sales 101

ProProfs Blog

APRIL 17, 2020

In short, your success relies on the fact that your customers don’t leave you. And if you successfully increase customer retention rates by 5%, then you can boost profits by 25% to 95%. That’s one of the reasons why y ou formulate strategies to retain your customers. 5: Customer Satisfaction Score. #6:

Metrics 142

Metrics Customer retention SaaS Surveys 142

Cincom

APRIL 15, 2025

Technology Description Customer Data Platforms (CDPs) Consolidate first-party, second-party, and third-party data, enabling real-time segmentation and behavioral analysis. Predictive Analytics & Machine Learning Identify customer intent, forecast behaviors, and automate decision-making for highly targeted and relevant interactions.

Customer Experience 40

Customer Experience Management Chatbots CRM 40

Totango

FEBRUARY 23, 2022

Your SaaS customer journey map lays out optimized outcomes that lead to customer renewals, upsells, and referrals. Here, we’ll show you how to create your path to customer success. First, we’ll define what a SaaS customer journey is, break it down into stages, and explain why mapping it out is important.

SaaS 117

SaaS Journey mapping Upselling Best practices 117

TeleDirect

MARCH 12, 2018

TeleDirect conducts an in-depth analysis of your real estate call center needs, and customizes our BPO services for a custom solution. The best real estate call centers aren’t just about taking incoming calls – they also help with outbound messaging and smart customer contact methods.

Real estate 94

Real estate outsourcing Call Center Business Process Outsourcing 94

CustomerSuccessBox

JUNE 18, 2021

How to conduct Churn Analysis? Why is Customer Retention Important for B2B SaaS Business? Onboarding your customers is just a first step in the whole process and retaining them is the next important thing. Webinar: How to do Churn analysis. 7 types of SaaS Customer Churn you may not be aware of!

SaaS 52

SaaS B2B Customer retention Upselling 52

TeamSupport

AUGUST 30, 2019

As a result, some customer support and success teams are beginning to explore ground-breaking technology called emotion detection. For example, sophisticated customer support software can classify ticket text as “polite”, “frustrated”, or “sad” depending on what was written. This is exactly what speech technology can detect.

Customer Support 60

Customer Support Upselling B2B Technology 60

Lumoa

JULY 10, 2018

Forrester’s report “ Customer Experience Drives Revenue Growth ” showed that customer experience leaders achieved compound average revenue growth of 17% over five years. Bain & Company’s analysis in 2015 showed that customer experience leaders grow revenues 4% – 8% above their market. To do this, build hypotheses.

Customer Experience 113

Customer Experience Metrics Banking Feedback 113

aircall

NOVEMBER 29, 2016

However, remaining blind to the faults of your customer service strategy can mean a real hit for customer satisfaction, customer retention, and thereby for your business’ success. This article will look at three major customer service mistakes common to many businesses, and explain how to avoid them.

Customer Service 88

Customer Service Customer retention Metrics First call resolution 88

24-7 InTouch

JULY 11, 2024

In today’s oversaturated market, customers face an overload of choices, leading to analysis paralysis and increased cancellation risks. Building a loyal customer base requires a thorough understanding of the customer life cycle, from acquisition and engagement to upselling and retention.

Upselling 59

Upselling Marketing Customer Experience Customer retention 59

Lumoa

FEBRUARY 9, 2023

more friendly behavior in customer service) Marketing to take the info into account in better targeting (e.g. upselling to the most loyal customers) Process changes (e.g. informing the customer more often about how the repair is proceeding) Only after you have acted on feedback, customer experience processes are developing.

Customer Experience 167

Customer Experience B2C Journey mapping B2B 167

CustomerSuccessBox

MARCH 7, 2022

Customer retention is the lifeblood of a SaaS company. Where the foundation of SaaS customer retention is renewals. According to a research study, a mere 5% increase in customer retention can lead to a 25% increase in company profits. Expansion Manager. Expansion managers report to the sales team.

SaaS 52

SaaS Upselling Customer retention Accountability 52

TeleDirect

OCTOBER 25, 2023

At TeleDirect, we’re an extension of your team, and our team is extensively trained in upselling and lead generation. We connect with qualified leads and new sales opportunities using CRM data analysis. AI can also create customer profiles based on past experiences, conversations and orders.

Call Center 62

Call Center Technology Customer Support Complaint resolution 62

ProProfs Blog

DECEMBER 11, 2020

However, the intent of measuring customer satisfaction isn’t limited to managing it. There are other reasons why companies feel encouraged to use metrics to measure customer satisfaction, one of them being the ability to increase customer retention and loyalty. These can also help you in: Preventing customer churn.

Metrics 148

Metrics Abandon rate Surveys Customer effort 148

JustCall

MARCH 13, 2020

A service that not only answers but adds value to the customer relationship. Valuable customer experience drives revenue by increasing customer retention and loyalty. Stay updated with the recent actions of your customer- be it a change in the subscription plan, any upsell or his current likings and priorities.

Metrics 96

Metrics Customer Service Interactive Voice Response Customer retention 96

ChurnZero

FEBRUARY 23, 2023

There are two primary reasons why: First, you need to retain customers to simply “keep the lights on” so to speak. Second, growth during times of uncertainty is most likely to come from cross-selling and upselling. Further, additional sales with existing customers have a lower customer acquisition cost (CAC).

Management 52

Management Customer retention Upselling Chief Customer Officer 52

ChurnZero

FEBRUARY 23, 2023

There are two primary reasons why: First, you need to retain customers to simply “keep the lights on” so to speak. Second, growth during times of uncertainty is most likely to come from cross-selling and upselling. Further, additional sales with existing customers have a lower customer acquisition cost (CAC).

Management 52

Management Customer retention Upselling Chief Customer Officer 52

Outsource Consultants

JANUARY 8, 2025

These might include customer satisfaction scores, first call resolution rates, average handling time, and cost per interaction. A comprehensive cost-benefit analysis should factor in both direct costs (such as per-call or per-agent fees) and indirect benefits (like improved customer retention or increased sales through upselling).

Call Center 67

Call Center outsourcing Business Process Outsourcing Average Handle Time 67

ProProfs Blog

AUGUST 28, 2019

According to a research by Motista published in Harvard Business Review , emotionally connected customers are 25-100% more valuable to brands than customers who are merely highly satisfied. Managing Customer Emotions in a Data-Driven World. Surveys are the most concrete way of gathering customer feedback.

Customer emotions 83

Customer emotions CRM Feedback Analytics 83

ClearAction

DECEMBER 14, 2017

Customer Profitability (efforts to increase revenue and profit from customers). Customer relationship management (CRM) — use of a database of customer transactions and facts that enable customized communications (1-to-1 marketing), upselling, cross-selling, and data-mining.

Customer Care 66

Customer Care CRM Customer Experience Customer advocacy 66

Lumoa

MARCH 12, 2023

Benefits of using a customer experience platform CX platforms benefit your business in many ways. Their ultimate goal is to enable you to improve the customer experience. Improving your CX can result in: Better customer retention. 81% of customers make a second purchase after a great experience.

Customer Experience 78

Customer Experience Journey mapping Analytics Consulting 78

CustomerSuccessBox

JUNE 7, 2021

Here is a blog to understand the – 6 Exclusive Hacks Of CustomerSuccessBox To Accelerate Customer Retention For Your SaaS. But you’ve got better MRR retention, and this is not uncommon. Framework to conduct Churn analysis. appeared first on The Customer Success Blog for B2B SaaS from CustomerSuccessBox.

SaaS 52

SaaS Customer retention Upselling Accountability 52

CSM Practice

FEBRUARY 24, 2020

Revenue retention rate is a “macro” metric that measures the total change in recurring revenue over a specified period. Gross Revenue Retention (GRR) is the amount of revenue retained minus the revenue lost due to churn and downsell without considering the impact of cross-sells, upsells, or an increase in prices.

Metrics 52

Metrics SaaS Upselling Accountability 52