Influitive

OCTOBER 30, 2015

Get actionable insights & advice from 20 of the most innovative customer experience thought leaders and practitioners in the B2B world. Download your FREE eBook now. Chandar says marketers need to start organizing around metrics that matter. Chandar also suggests putting metrics in place to measure your brand’s advocacy.

Marketing 79

Marketing B2B B2C Upselling 79

ClientSuccess

MARCH 20, 2019

Over the next month, I will be writing about the customer success metrics that top organizations use to measure the performance of their customer success strategies and team execution. The metrics I will cover are applicable to customer success departments and also to your entire company. Financial Metrics.

Metrics 61

Metrics SaaS Customer advocacy Marketing 61

ClientSuccess

MAY 8, 2019

I’m excited to continue on with our blog series on customer success metrics. In our last post on this topic, we covered the top four categories of customer success metrics. The topic I will cover in this blog is on the top five customer success health metrics. Customer Success Health Metrics.

SaaS 59

SaaS Metrics Accountability industry standards 59

ClientSuccess

SEPTEMBER 26, 2019

But gaining new customers is a hard process, costing about five times as much as retaining an existing customer. . That’s one of the reasons why so many businesses focus on retaining the customers they’ve already gained. But how do you keep your existing customers coming back for more?

Customer retention 49

Customer retention Metrics SaaS Upselling 49

TechSee

MAY 1, 2022

Organizations use customer feedback surveys to improve customer experience (CX) and increase customer loyalty. The CSAT score is a commonly used metric that provides valuable insights and actionable data on how happy customers are in their interactions with a company. CSAT vs Other Customer Service Metrics.

Customer Experience 109

Customer Experience Surveys Benchmark Wireless 109

ClientSuccess

OCTOBER 8, 2019

And to get good data, you have to have good metrics in place. In the Software-as-a-Service (SaaS) space, it’s important to follow the right data points in order to make smart, customer focused decisions. Here’s our take on a short list of top SaaS metrics your CSM team needs to monitor: . #1: 1: Customer Retention Rate.

SaaS 49

SaaS Metrics Customer retention Surveys 49

ClientSuccess

AUGUST 10, 2022

Whether you’re working with large enterprise customers or smaller startups, the metrics you use will be the same. Customer success teams rely heavily on KPIs and success identifiers to understand if they provide the right level of support and attention to their customers. Toolkit: Customer Success Metrics Toolkit.

Metrics 78

Metrics SaaS Customer retention Accountability 78

Babelforce

AUGUST 27, 2020

In this post: Customer Satisfaction Customer Effort Score Customer Churn Rate Net Promoter Score Customer Service Satisfaction Easy Contact Center Automation (eBook). You already understand the importance of knowing how customers feel about your brand. . But do you know *which* metrics are up to the task?

Metrics 52

Metrics Benchmark Contact Center Customer effort 52

ClientSuccess

APRIL 30, 2019

I’m excited to continue on with our blog series on customer success metrics. In our last post on this topic, we covered the top four categories of customer success metrics. The topic I will cover in this blog is on the top five customer success financial metrics. Customer Success Financial Metrics.

SaaS 46

SaaS Metrics Upselling Customer retention 46

ChurnZero

NOVEMBER 9, 2021

Most of us are aware that it costs less to retain existing customers than to acquire new ones. That means that higher customer retention means higher profits for your business. But what makes a customer leave, and what makes a customer want to stay? It’s vital to customer retention.

SaaS 97

SaaS Customer Experience Surveys Customer retention 97

Playvox

MAY 24, 2023

For just about any business or department, metrics are crucial to measuring performance. For the typical contact center, metrics are the key to identifying the reason behind a bad day and being able to create operational efficiency that helps avoid a repeat. The customer retention that follows these efforts makes them worth it.

call center workforce 52

call center workforce Metrics Schedule adherence Call Center 52

ClientSuccess

JULY 20, 2021

The past year has highlighted precisely how critical current customers are to the success of SaaS organizations, thanks in large part to net retention rates. What is customer net retention? Customer net retention is the total number of customers who do not churn year over year. Want to learn more?

SaaS 69

SaaS Customer retention Upselling Accountability 69

ChurnZero

JANUARY 10, 2022

SaaS customer onboarding makes or breaks your customer retention. It has a long-lasting impact on your customer and deep ties to their likelihood to churn. For this reason, unlocking the optimal SaaS customer onboarding experience is invaluable. Put These SaaS Onboarding Best Practices to the Test.

Best practices 98

Best practices SaaS Metrics Upselling 98

Playvox

JUNE 22, 2023

Tracking, reporting, and improving upon metrics are essential across all areas of business, including finance, sales, marketing, and contact center management. Understanding the key call center efficiency metrics to track , and more importantly, how to improve them, will set you up for success and help keep your customers happy.

Call Center 52

Call Center Metrics Schedule adherence Average Handle Time 52

PeopleMetrics

MAY 30, 2015

As customer experience professionals , our job is to help them, so they’ll come back again. If we took the time to strip down key performance metrics like Net Promoter Scores and customer satisfaction, we’d end up with our basic ability to help customers achieve their goals.

Best practices 120

Best practices Customer Experience Journey mapping Feedback 120

ClientSuccess

JANUARY 11, 2023

Regularly monitor customer performance and identify opportunities for improvement. Measure customer success metrics for meaningful insights. Focus on customer retention and long-term ROI. Learn more about building customer loyalty in this ebook. Why Follow the Golden Rule?

Benchmark 80

Benchmark Upselling Education Best practices 80

Playvox

FEBRUARY 13, 2023

While traditional quality assurance means evaluating interactions and checking for compliance, QM takes a more holistic approach by going beyond typical contact center metrics and looking at an agent’s behaviors in both subjective and objective ways. But your service center can’t afford to tip the scales in the other direction.

Contact Center 78

Contact Center Quality management Calibration Coaching 78

ClientSuccess

JANUARY 10, 2020

Rely on metrics to gauge success. . It’s easy to end a day of customer onboarding and report back to your manager that you “think that went well”. Training managers and CSMs should work with managers to identify key metrics and KPIs to track and measure success. eBook: 5 Ways to Surprise and Delight Your Customers.

Best practices 65

Best practices Metrics SaaS Feedback 65

ClientSuccess

FEBRUARY 22, 2023

This can involve training and education on effectively using the product or service, suggesting best practices, and providing guidance on optimizing the customer’s experience. The success of customer success is typically measured by metrics such as customer retention rate, upsell/cross-sell revenue, and customer satisfaction scores.

First call resolution 70

First call resolution Best practices Upselling Education 70

Comm100

MAY 19, 2020

Live chat allows you to give quick answers to questions about your products, solve problems faster, and assure your customers that you’re there when they need you. This is a simple, yet very effective, recipe for improving both customer service and loyalty. Discover Customer Pain Points. Download Now.

Best practices 111

Best practices Sales Analytics Benchmark 111

ClientSuccess

JANUARY 10, 2020

Rely on metrics to gauge success. . It’s easy to end a day of customer onboarding and report back to your manager that you “think that went well”. Training managers and CSMs should work with managers to identify key metrics and KPIs to track and measure success. eBook: 5 Ways to Surprise and Delight Your Customers.

Best practices 64

Best practices Metrics SaaS Feedback 64

Babelforce

FEBRUARY 16, 2021

The Customer Lifetime Value of a client is the amount of profit they generate for your businesses in their entire time as a client. CLV combines information on acquisition costs, retention rates and customer spend. How to calculate Customer Lifetime Value. The first metric that tells all is Customer Lifetime Value.

Upselling 52

Upselling Customer retention Customer effort Metrics 52

BlueOcean

OCTOBER 6, 2020

What Service Level Metrics Are Most Relevant to Your Business Now? Let’s face it: Contact center metrics that measure customer service as if it’s some kind of race (think Average Handle Time) are frankly table stakes. Is your partner focused on metrics that help you assess and elevate customer loyalty or promotion and advocacy?

outsourcing 62

outsourcing Customer Care Metrics Contact Center 62

ChurnZero

AUGUST 28, 2020

SaaS onboarding makes or breaks your customer retention. Onboarding has a long-lasting impact with deep ties to a customer’s likelihood to churn. Exactly how do you get customers to embrace your product instead of merely moving (erm, politely pushing) them through the motions and hoping for adoption? That’s a mistake.).

SaaS 59

SaaS Journey mapping Metrics Sales 59

Comm100

DECEMBER 19, 2017

Here is a detailed step-by-step guide to setting goals and strategizing for customer experience improvement. Free Download] 50 Customer Service Training Activities for Live Chat and Telephone Teams. The activities in this eBook can be great training materials to improve customer service or morale in your team.

Customer Experience 137

Customer Experience Morale Journey mapping Customer centricity 137

TechSee

MARCH 7, 2022

The role of technology is more important than ever in improving customer service and operational efficiencies. Let’s dive into the nuts and bolts of customer self-service and see how it can impact and benefit your business. . Download our eBook: What Self Service Will Look Like in 2025 . What is Customer Self Service?

Self service 109

Self service Virtual Agent Customer centricity Chatbots 109

Cincom

MARCH 6, 2025

Brand Erosion: Customers expect fairnessif they find price variations across channels, trust in the brand diminishes. Sales teams can bundle services, adjust SLAs, and ensure consistent pricing across contracts, boosting customer retention and revenue predictability.

Automotive 40

Automotive Revenue potential CRM Sales 40

Nicereply

DECEMBER 20, 2022

In addition, acquiring new customers costs five times more than retaining existing ones, so reducing customer attrition can also help save on marketing and advertising expenses. The churn rate is a metric that measures the percentage of customers who cancel their subscription or service within a given period of time.

Advertising 52

Advertising SaaS Metrics Surveys 52

ClientSuccess

JUNE 13, 2017

In this first blog of a two-part series, we will explore 4 major calculations (that can also be found in our latest ebook) for determining customer health, which can be thought of in pairs of two, with each set containing a “positive” measurement and a “negative” measurement. Customer Churn Rate. Customer Retention Rate (CRR).

SaaS 43

SaaS Metrics Customer retention Upselling 43

SharpenCX

FEBRUARY 10, 2021

This type of customer service data is the most obvious source to collect and analyze. Interaction data is the thousands of metrics associated with each conversation between your customers and your agents. Behavioral data examines the behaviors of your customers (shocking, I know). Qualitative feedback.

Contact Center 76

Contact Center Customer Service Metrics Call Center 76

ClientSuccess

DECEMBER 20, 2018

Article: 3 Customer Success Compensation Models. Performance Metrics. Just as every customer success team has different types of compensation guidelines, so too do these teams rely on different metrics to track and guide department, team, and individual success. Customer Retention Rate/Customer Churn Rate.

Journey mapping 49

Journey mapping SaaS Metrics Accountability 49

Babelforce

JANUARY 26, 2021

We’ve already mentioned customer happiness. Maintaining the morale of your customers keeps them loyal for a long time. As a result, you can achieve better customer retention that keeps your company profitable. A blended contact center has fewer customers calling in either of the single-direction contact centers.

Contact Center 52

Contact Center Average Handle Time CRM Interactive Voice Response 52

ChurnZero

FEBRUARY 7, 2020

Report trends for Customer Success: 34% annual growth for Customer Success Managers (CSMs) in 2018. 72% of Customer Success roles are in the Software & IT industry with other top hiring industries including Internet, Marketing, and Finance. This means a vigilant focus on growing customer retention and lifetime value.

SaaS 64

SaaS Transportation B2C Customer retention 64

CSM Magazine

FEBRUARY 6, 2019

With the consumer journey now favouring omnichannel touchpoints, strategies must act on key metrics whilst still lowering the cost of every interaction. Call tracking makes it possible to monitor exactly which online marketing channels are driving phone calls and customers to your business.

Customer Service 51

Customer Service Enterprise Sales Metrics 51

Babelforce

JANUARY 7, 2021

Customer Lifetime Value (CLV) is among the most valuable for two reasons: It gives you a snapshot of customer spending right now It sets your expectation for earnings into the future. All in one neat metric. Let’s start by getting on the same page – what exactly is Customer Lifetime Value? Get the eBook!

Upselling 52

Upselling Airlines Contact Center Customer retention 52

Comm100

DECEMBER 14, 2017

Here are our steps you can use to build a management process which closes the loop and acts on customer feedback, all the while improving experiences for your customers. Free Download] 50 Customer Service Training Activities for Live Chat and Telephone Teams. Customer retention should also be a business metric for measuring ROI.

Customer Experience 116

Customer Experience Metrics Morale Feedback 116

SharpenCX

JUNE 10, 2021

Define metrics to track agent performance and set attainable goals for each employee. Then, make sure your agents have visibility into those key metrics and how their interactions impact each one. While you’re at it, keep track of agent-focused metrics, like Average Training Investment per agent and Transfer Rate, too.

Morale 67

Morale Call Center Contact Center Coaching 67