Hodusoft

JULY 24, 2024

Effective Strategies for Enhancing Customer Retention in Call Centers “When the customer comes first, the customer will last.” In a time of growing competition and dwindling customer loyalty, businesses need to focus on customer retention more than ever before. How to Analyze Current Retention Rates?

Customer retention 52

Customer retention Call Center call center software Interactive Voice Response 52

Education Services Group

MARCH 4, 2021

We talk to Customer Success organizations at all phases of development, so we often get asked about the differences between hiring a consultant, a staffing agency, and ESG. Scaling Customer Success is a huge undertaking, no matter where you are in your journey to full Customer Success maturity. Consultants.

Consulting 52

Consulting Consulting Journey mapping outsourcing 52

ChurnZero

NOVEMBER 26, 2024

This is a guest article by Swati Garg , founder and CEO, Melo Associates , and Lindsay Lynch , senior recruitment consultant, Melo Associates , a recruitment firm focused on customer success hiring for SaaS and tech companies nationwide. For instance, owning customer retention signifies direct responsibility for renewal rates.

SaaS 52

SaaS Upselling Enterprise industry standards 52

Taylor Reach Group

MARCH 10, 2020

This is a much better way to view customer complaints, right? Bain & Company found that there was no correlation between CSAT or NPS and customer retention. What role can the call center play in improving the customer experience? We also need to be reminded that high CSAT or NPS scores does not mean high loyalty.

Customer Experience 123

Customer Experience Journey mapping Customer retention Chief Customer Officer 123

CSM Practice

DECEMBER 7, 2020

CSM Leader Optimizes Customer Success Strategies and Processes in collaboration with top thought leaders in its industry. Dec 1, 2020 — Today, CSM Practice, the world’s first consulting firm dedicated to Customer Success Management (CSM) strategy, announced the formation of its new Advisory Board. Sunnyvale, Calif.—

Chief Customer Officer 81

Chief Customer Officer Upselling SaaS Consulting 81

Totango

JANUARY 10, 2024

For Waystar, a technology platform that simplifies payments across the revenue cycle for healthcare organizations, this consultative approach unlocked cross-functional alignment, customer satisfaction, and exponential business growth. So, how did they do it?

Sales 99

Sales industry standards Benchmark Upselling 99

Totango

MAY 7, 2024

If Sales over-promises what the customer can achieve with your product, then CS has been set up to fail when it comes to onboarding. If CS doesn’t have commercial conversations with healthy customers, they’re not setting Sales up to re-enter the conversation and potentially upsell. Use your words Talk to each other!

Sales 103

Sales Upselling Metrics Accountability 103

CustomerSuccessBox

JULY 8, 2020

Customer Retention is key. We had Jay Nathan , Founding & Managing Partner, Customer Imperative and Andrew Marks , Founder, President and COO, SuccessHacker speak to Puneet Kataria , Founder & CEO, CustomerSuccessBox about the role of customer success in driving SaaS businesses during a lockdown. Consulting.

Customer retention 40

Customer retention SaaS Consulting Consulting 40

Real Blue Sky

NOVEMBER 21, 2023

As we delve into five dynamic strategies for brand growth, we’ll explore how prioritizing customer retention can significantly boost profits. We’ll discuss the art of enhancing customer experiences to keep your customers not just satisfied but delighted and loyal.

Employee engagement 105

Employee engagement outsourcing Upselling Customer retention 105

CSM Practice

SEPTEMBER 25, 2020

06:27 – Nick’s overview of cross-selling and upsell trends for existing customers. 07:44 – Irit shares her insights about companies looking to increasing budget for outsourcing and consulting services. 13:20 – Nick shares his blog post about the four-step playbook for reopening with your customers. The Interview: .

Upselling 85

Upselling Surveys Chief Customer Officer Consulting 85

Outsource Consultants

APRIL 9, 2025

Advanced analytics tools can identify patterns in customer behavior, which allows for proactive problem-solving and personalized service offerings. A case study showed that AI-driven insights enabled upsell revenue to climb 44% in one trial period. Partnering with experienced outsourcing consultants becomes invaluable in this context.

Call Center 67

Call Center outsourcing Chatbots Analytics 67

ChurnZero

JULY 29, 2022

With the rise of the SaaS model, retention has dethroned acquisition as the primary means to achieve long-term growth and high valuation. In fact, according to one source, increasing your customer retention by just 5% can increase your revenue by up to 95%. Incremental improvements lead to big gains.

SaaS 98

SaaS Customer centricity Upselling B2B 98

ChurnZero

MARCH 31, 2023

Renewals and retention are key in trying economic times Most Customer Success professionals the Customer Success Collective spoke with for a trend round-up expect their companies to put greater emphasis on customer renewals and customer retention. customers will leave after “just one bad experience.”

Benchmark 98

Benchmark B2B Accountability Consulting 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

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%.

Customer Experience 195

Customer Experience Journey mapping Metrics Surveys 195

ChurnZero

OCTOBER 8, 2021

Key criteria for their high customer health score includes: A large number of opened accounts with the SaaS business. . Customer 2: Is an IT consultancy firm, advising clients on how to use information technology to meet their business objectives. Key criteria for their high customer health score includes: .

SaaS 98

SaaS Metrics B2B Enterprise 98

ChurnZero

FEBRUARY 14, 2023

That’s according to a landmark webinar we hosted last fall titled, “A Crash Course in Customer Success and SaaS Metrics” with Dave Kellogg and You Mon Tsang. Today he is the principal of Dave Kellogg Consulting and an entrepreneur in residence (EIR) at Balderton Capital. It’s important to note that NRR can exceed 100%.

SaaS 94

SaaS Metrics Customer retention Construction 94

Cincom

APRIL 15, 2025

How CXM Solves It : Revenue Growth through AI-Powered Targeting : Customer experience management enhances revenue streams by dynamically adjusting pricing models, upselling/cross-selling based on behavioral insights, and identifying untapped opportunities using AI-driven recommendations.

Customer Experience 40

Customer Experience Management Chatbots CRM 40

Totango

OCTOBER 20, 2022

At other companies, CS managers may be assigned to follow up on sales during the customer onboarding phase. Customer success managers are critical at SaaS companies, where they help deliver results that promote subscription renewals and upsells. What Makes a Good Customer Success Manager? Problem-Solving.

Management 97

Management Upselling Coaching Best practices 97

ChurnZero

MARCH 14, 2025

Will the customer trust their customer success manager (CSM) if theyre more focused on dollars and cents than building a relationship with them? Will CSMs struggle to maintain a customer-first mindset and spend all their time on upsells, rather than learning about their big picture goals and helping them navigate the path to get there?

Upselling 52

Upselling Sales Customer retention Consulting 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.

SaaS 71

SaaS Upselling Accountability Sales 71

ChurnZero

DECEMBER 29, 2020

Learn how to spot the signs that it’s time to revamp your onboarding as well as the dos and don’ts of improving the most influential phase of your customer’s journey. The SaaS Debate: Who Owns the Renewal and Upsell? Customer Success vs. Sales. 5 Ways to Reduce Churn by Delivering a Consistent Customer Experience.

SaaS 98

SaaS Chief Customer Officer Upselling Metrics 98

Callminer

SEPTEMBER 14, 2020

Carol Tompkins is the Business Development Consultant at AccountsPortal. Optimize the operations within the call center in order to improve the customer service experience. Customer retention is vital, and poor call centers do not retain customers. Carol Tompkins. accountsportal.

Call Center 182

Call Center Analytics First call resolution Metrics 182

Outsource Consultants

APRIL 2, 2025

The partner you select will shape how your customers feel about your brand, influence retention, and impact your long-term growth. At Outsource Consultants , we help businesses navigate this choice every day. Consider the potential impact on customer retention, sales conversion rates, and brand reputation.

Call Center 67

Call Center First call resolution Average Handle Time outsourcing 67

Totango

AUGUST 18, 2022

This increases customer satisfaction, reduces the risk of refund requests and increases the likelihood of customers renewing their subscriptions rather than churning. It also promotes higher product usage, increases the likelihood of upselling purchases and encourages customers to become enthusiastic brand advocates.

Journey mapping 99

Journey mapping SaaS Upselling Enterprise 99

Outsource Consultants

JANUARY 21, 2025

E-commerce is booming, and customer service demands are skyrocketing. At Outsource Consultants, we’ve seen firsthand how this strategy can transform businesses. This post will explore the benefits, challenges, and key considerations of outsourcing your e-commerce customer support. But is it the right move for your company?

outsourcing 67

outsourcing Call Center Brand ambassadors Consulting 67

Totango

DECEMBER 28, 2020

Cisco sees customer experience as a key differentiator for the future of business because of its ability to impact customer retention and growth. It’s a head start that allows organizations to get right into the nitty gritty of real-time customer journey analytics and start building playbooks to tackle common customer scenarios.

Best practices 84

Best practices Upselling Analytics Technology 84

ChurnZero

JANUARY 22, 2021

So, you signed up for a Customer Success gig and now your boss wants you to upsell? To learn how selling and taking great care of your customers actually go hand in hand, we hosted a webinar with Bryan Neale, Founder of Blind Zebra Consulting and self-proclaimed “CS Sales Whisperer.”. And expand?

Sales 98

Sales Chief Customer Officer Upselling Metrics 98

ChurnZero

JANUARY 26, 2021

Customer success continues to evolve as a practice within companies that enjoy recurring revenue models. The range of responsibilities of Customer Success Managers (CSM) in the industry is dizzying. From technical support to renewals and upselling, this role might be one of the most confusing and misunderstood jobs in all of tech. .

Management 98

Management Chief Customer Officer Upselling SaaS 98

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

CSM Practice

FEBRUARY 24, 2020

Revenue gained from set-up fees, consultancy services, credit adjustments, or non-recurring add-ons should be excluded when calculating ARR. Summing the annual fee of each customer. Revenue retention rate is a “macro” metric that measures the total change in recurring revenue over a specified period.

Metrics 52

Metrics SaaS Upselling Accountability 52

Outsource Consultants

JANUARY 8, 2025

Call center business process outsourcing has become a game-changer for companies looking to streamline their operations and enhance customer service. At Outsource Consultants, we’ve seen firsthand how the right BPO partnership can transform customer experiences and drive business growth.

Call Center 67

Call Center outsourcing Business Process Outsourcing Average Handle Time 67

Outsource Consultants

JANUARY 27, 2025

With its unique blend of cultural affinity, language proficiency, and cost-effectiveness, Philippines outsourcing offers businesses a competitive edge in customer experience. At Outsource Consultants, we’ve seen firsthand how Philippine call centers have transformed CX strategies for companies across various industries.

outsourcing 67

outsourcing Call Center Government Telecommunications 67

ChurnZero

FEBRUARY 4, 2022

Kristen Hayer, Founder and CEO of The Success League , has witnessed this communication friction from both sides through her past experience as a customer success leader and through her current work running a customer success consultancy. We cover: How does customer success work with investors? Customer retention.

Metrics 98

Metrics Consulting Consulting Best practices 98

ClearAction

NOVEMBER 5, 2017

A common way of establishing shared vision for customer experience is to declare a target Net Promoter Score TM or First Contact Resolution percentage or customer retention rate. Does your customer loyalty and engagement programs emphasize volume purchases and evangelizing your brand or creating mutual value?

Customer Experience 69

Customer Experience Customer centricity Morale Finance 69

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