Remove Benchmark Remove Marketing Remove Upselling
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Why Customer Service is Your New Marketing Strategy

ProProfs Blog

For many years, marketing and customer service have been running in parallel lines, helping businesses acquire and retain customers. But lately, both customer service and marketing are working in unison, helping brands capture attention, generate more business and guide customers simultaneously. Netflix and chill? No, really.

Marketing 147
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3 Things Digital Marketing Professionals Need to Know about Customer Experience

PeopleMetrics

Today, we offer a guest post examining customer experience from a digital marketing perspective. This post was penned by Maya Nix, Marketing Content Producer for ClickTale. This subjective perception makes CX optimization evasive, ambiguous, and challenging to measure and benchmark. The Economics of Customer Experience.

Marketing 108
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5 Essential Steps to Find Upsell and Cross-Sell Opportunities With Journey Analytics

Pointillist

JetBlue has in the past made as much as an additional $140million in revenue through its upsell program called ‘Even More Space.’. There are many such examples of B2C and B2B companies that are using upsell and cross-sell opportunities to generate profits. In this post, I take a detailed look at: What is upsell and cross-sell?

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A look at customer retention benchmarks for SaaS in 2023

ChurnZero

The reports benchmarks are segmented by annual contract value (ACV) and annual recurring revenue (ARR) for relevance. Companies with similar ACVs tend to have similar cost structures, go-to-market strategies, resource allocation and sales cycles.

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Hit the Target in your next Business Review

CSM Practice

Benchmarks. o Generally, customers appreciate benchmarks, let alone when their entire competitive landscape must deal with COVID-19 impact. o Is there a way for you to benchmark your customer vs. the market and/or similar organizations? (taking into consideration you are not present in the room). Lessons learned.

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What is Net Dollar Retention? NDR Benchmarks, Formula & more

CustomerSuccessBox

If you’ve ever taken a Marketing 101 course, you’ve learned that retaining a customer is far more profitable than attracting new customers. This scenario happens when your marketing department is on fire. What was your marketing budget? Or when your marketing department is doing a good job.

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The way to gain extra revenue in SaaS with customer success!

CustomerSuccessBox

The benchmark of Net Retention Rate. Customers like to engage with your products more, so make upsells and expansions. So as per the benchmark, only 125% of Net Retention has been able to crack by the 10% of companies and that is your golden benchmark ultimately. Your product is worth paying more than the initial value.

SaaS 98