ChurnZero

FEBRUARY 4, 2022

Customer Success Metrics that Your Investors and Board Care About. Have you ever wondered what your investors are looking for in board meetings? In this article, we share Kristen’s best advice on how you can use metrics to reframe your customer stories, so they’re primed for investor engagement. Board meetings.

Metrics 98

Metrics Consulting Consulting Best practices 98

TechSee

SEPTEMBER 26, 2024

This metric is a key driver of long-term growth and brand loyalty. Additionally, metrics like Average Handling Time (AHT), which measures the time spent resolving customer issues, improve dramatically when Agentic AI is integrated into customer service or CX workflows.

Average Handle Time 109

Average Handle Time Upselling Enterprise Technical Support 109

ShepHyken

SEPTEMBER 7, 2023

Companies that are able to meet these expectations will be able to retain more customers and increase satisfaction, which can ultimately lead to more revenue growth. Account management Offer workshops on relationship-building, active listening, and consultative selling for identifying upsell or cross-sell opportunities.

B2C 349

B2C Customer centricity Feedback Upselling 349

ChurnZero

FEBRUARY 14, 2023

Some Customer Success metrics are considered standard but there’s often more than meets the eye. SaaS professionals who geek out on metrics can find themselves in deep philosophical debates about the best numbers to track. There is often more than one way to calculate a given Customer Success metric; Gaming.

SaaS 52

SaaS Metrics Customer retention Construction 52

Totango

APRIL 5, 2019

Customer success metrics are used to discover what kind of customer experience you are really delivering. And with customer success metrics, you can measure whether your efforts are working. Customer Success Metrics Lead to Action. Adoption Metrics: Measuring the customer’s use of the product. Business Metrics.

Metrics 74

Metrics Upselling Accountability Enterprise 74

ChurnZero

MARCH 31, 2022

Did you catch our Customer Success and SaaS metrics crash-course webinar with leading SaaS expert Dave Kellogg, of Dave Kellogg Consulting ? We’d like to extend a huge thanks to Dave for his expert insights below, which will help you choose and use Customer Success and SaaS metrics in a more nuanced and purposeful way.

SaaS 98

SaaS Metrics Accountability Technical Support 98

CCNG

JULY 3, 2024

BENEFITS OF CONTACT CENTER OUTSOURCING With contact center outsourcing, a business becomes more agile and flexible, ready to meet customer requirements and scale up or down as needed. Most reputed contact center providers would have an hawk-eye on meeting the SLA’s and ensuring that they are delivering on their promise.

outsourcing 195

outsourcing Contact Center Airlines CCNG 195

JivoChat

AUGUST 24, 2021

Many people don’t understand the importance of customer service metrics. Unfortunately, while most companies obsessively track sales and marketing numbers, they completely overlook customer service metrics—and miss out on the insights they can learn about customer service, customer satisfaction, and brand loyalty. Ticket Volume.

Metrics 59

Metrics Customer Service Upselling Average Handle Time 59

ProProfs Blog

APRIL 17, 2020

But without numbers or metric data in hand, coming up with any new strategy would only consume your valuable time. For example, you need access to metrics like NPS, average response time and others like it to make sure you come up with relevant strategies that help you retain more customers. So, buckle up. 1: Customer Churn Rate. #2:

Metrics 142

Metrics Customer retention SaaS Surveys 142

Totango

NOVEMBER 21, 2024

Introducing the Game-Changer: Totango Unison Meet Unison, a groundbreaking AI-driven solution designed to revolutionize data management while empowering teams to anticipate customer needs and cultivate deeper relationships. Extracting actionable insights from this sea of information is often cumbersome.

Chief Customer Officer 62

Chief Customer Officer Enterprise Upselling Sales 62

Kapta Customer Success

SEPTEMBER 19, 2024

It’s one of those vital metrics that can be likened to a compass in the vast ocean of customer relations—it guides strategy, informs service improvements, and ultimately measures our success in maintaining fruitful relationships with clients. It's more than a number; it's a narrative of how well we're meeting client needs and expectations.

Sales 59

Sales Upselling Accountability Metrics 59

CSM Practice

JUNE 6, 2020

The renewal rate metric also provides a quick overview of customer success team performance before in-depth analysis. A low renewal rate indicates an inability to meet customer needs or deliver value to those that churned. A low renewal rate creates a leaky revenue bucket that prevents significant revenue growth. What is Renewal Rate?

Metrics 89

Metrics SaaS Accountability Upselling 89

Totango

JANUARY 31, 2019

In order to do that, you need to use the right SaaS customer engagement metrics. These metrics are practical measures of exactly how much, or how little, your customer is actively engaged with your product at any given time. Key Customer Engagement Metrics. The metrics are: Monitoring usage frequency.

SaaS 79

SaaS Metrics Accountability Education 79

Totango

SEPTEMBER 18, 2020

Customer success metrics should always lead to action. The most important metrics are used to reveal the kind of customer experience you are delivering. The 6 Key Areas of Customer Success Metrics. There are six key areas of the customer experience that can be accurately measured using customer success metrics.

Metrics 62

Metrics Enterprise Feedback Upselling 62

ChurnZero

MARCH 24, 2023

1: Is NPS a Customer Success metric? Stephanie Berner: My answer is unequivocally no— Net Promoter Score (NPS) should not be a CS metric. So many CEOs and CROs are searching for a singular metric to measure performance because they’re used to managing sales teams. Here’s why. Value is very hard to measure.

Upselling 98

Upselling Metrics SaaS Sales 98

ChurnZero

MARCH 24, 2023

1: Is NPS a Customer Success metric? Stephanie Berner: My answer is unequivocally no— Net Promoter Score (NPS) should not be a CS metric. So many CEOs and CROs are searching for a singular metric to measure performance because they’re used to managing sales teams. Here’s why. Value is very hard to measure.

Upselling 97

Upselling Metrics SaaS Sales 97

TeamSupport

JUNE 29, 2023

Companies must grasp, understand, and manage customer expectations effectively in order to deliver experiences that meet or exceed them. They present an opportunity to introduce upsells to products, add new features to products, include a subscription plan to further engage them. What’s The Benefit Of Focusing On Customer Satisfaction?

Upselling 97

Upselling Metrics Chatbots Customer Support 97

Totango

MAY 6, 2022

We’ll define customer health score, what metrics go into it, and what it tells you about customer accounts. ” The customer health score simplifies data from multiple data points by combining them into a single metric represented by a numeric score. Common Customer Health Metrics. What Is Customer Health Score?

Best practices 120

Best practices Upselling Metrics Journey mapping 120

Totango

JANUARY 10, 2024

Beswada explained that this practice is so important to Waystar that they began implementing quarterly meetings with their C-suite rooted entirely around retention. These meetings highlighted areas where they had gaps in communication and alignment that were causing them to be reactive and miss out on key opportunities.

Sales 96

Sales industry standards Benchmark Healthcare 96

Totango

DECEMBER 29, 2021

This promotes customer satisfaction, benefiting your clients and bringing your business higher retention rates and upsell revenue. A customer-centric product roadmap meets the needs of today’s digital-driven SaaS market. Several key metrics can help you evaluate the performance of your upgrade efforts.

Customer centricity 100

Customer centricity SaaS Upselling Metrics 100

GetFeedback

AUGUST 16, 2018

Here’s a look at the top 11 customer service metrics you should start measuring today. Customer Happiness Metrics. These three metrics correlate with customer loyalty and retention more strongly than support efficiency metrics. At face value, NPS is a pretty simple metric—one score per customer, one overall score.

Metrics 79

Metrics Customer Service Surveys Self service 79

Totango

JULY 1, 2022

In a B2B SaaS context, SaaS customer loyalty is expressed primarily through actions like subscription renewals, upsell purchases, referrals and product engagement. Other important loyalty metrics include subscription renewal rate , churn rate, upsell rate, and customer lifetime value.

B2B 110

B2B SaaS B2C Upselling 110

SmartKarrot

DECEMBER 2, 2022

It is money earned after the original purchase and obtained through upselling, cross-selling , and renewals to your current clientele. Upselling is a sales strategy used to convince clients to buy a more costly, upgraded, or premium variant of the selected product/ service or other add-ons to close a larger deal. Cross-sell.

Upselling 21

Upselling Management SaaS Benchmark 21

IdeasUnlimited

AUGUST 21, 2024

Return on investment (ROI) is a critical metric for e-commerce businesses, reflecting the efficiency and profitability of their operations. These metrics help companies to understand their financial performance and make informed decisions to improve profitability. These strategies contribute to higher sales and revenue.

Upselling 52

Upselling Metrics Sales Marketing 52

Fonolo

FEBRUARY 9, 2023

In the world of contact center metrics, service level has always held a special place. This metric is universally understood across the industry, and clearly conveys how quickly customer calls are answered by support agents. Its origins go back over five decades, to the earliest days of call centers.

Service level 142

Service level Call Center Abandon rate Metrics 142

Totango

AUGUST 13, 2024

At Totango + Catalyst, we made a strategic decision to challenge the script on revenue priorities, empowering customer success managers (CSMs)—those mostly intimately aware of customer needs and goals—to own core renewals, expansions, and upsells. The results?

Management 98

Management Best practices Consulting Consulting 98

Totango

SEPTEMBER 1, 2022

A Quarterly Business Review (QBR) in SaaS is a periodic meeting scheduled with a client every three months to assess performance and plan strategic adjustments. SaaS QBR meeting agendas[LINK] typically cover: A review of progress toward goals established during previous quarterly business reviews.

SaaS 100

SaaS Journey mapping Upselling Best practices 100

OctopusTech

NOVEMBER 11, 2024

Exploring E-Commerce Conversion Rates Conversion rates are the most important metrics of any organization from a sales perspective. Behavioral Data It is also crucial to pay attention to behavioral data, which includes site interaction metrics such as clicks, page views, time users spend on the site, and bounce rates.

Analytics 62

Analytics Abandon rate Metrics Sales 62

Voxjar

MARCH 10, 2020

Not to mention that you’ve been given a budget and are responsible for the measuring the success of your call center metrics. I’m going to break it down so that KPI metrics are easy to understand and easy for you to implement . And, what do KPIs have to do with customer service metrics? Well, don’t stress out too much.

Metrics 52

Metrics Customer Service Call Center Customer retention 52

ChurnZero

DECEMBER 17, 2021

In the SaaS industry, Customer Success upsell and cross-sell opportunities are commonly incorporated into expansion management. Churn rate is a major metric for SaaS companies to keep an eye on. Don’t nudge customers toward a cross-sell or upsell when they’ve only just finished their onboarding process. Timing is Everything.

Management 98

Management Upselling SaaS Education 98

CSM Magazine

DECEMBER 13, 2023

Not Meeting Customers’ Expectations Meeting customer expectations is crucial for maintaining customer satisfaction and loyalty. Lack of Cross-Sell and Upsell Capabilities This gap involves using strategies that integrate sales opportunities into customer interactions. Recognize and reward exceptional performances.

Customer Service 52

Customer Service Upselling CRM Employee engagement 52

Totango

MAY 10, 2022

Trials of upsell products. Communicating this requires high-touch engagement strategies, such as meeting with executives and stakeholders to establish goal-oriented KPIs and review performance. Promoting product usage increases the value clients derive from your product, increasing the likelihood of renewals, upsells, and referrals.

Journey mapping 79

Journey mapping SaaS Enterprise B2B 79

NobelBiz

SEPTEMBER 3, 2024

Productivity in a call center refers to the extent of how well your call center is in meeting the customer’s needs effectively. Unless constantly upgraded with a skill or professional development, agents may not be able to meet higher degrees of customer expectations or manage issues effectively.

Call Center 93

Call Center Morale First call resolution Abandon Call 93

Babelforce

FEBRUARY 15, 2022

Doing so every month will provide a good idea of how the metric changes over time. Revenue per call is a useful call center metric for calculating revenue generation. Use the metric to discover star reps. Provide benefits to high achievers to encourage others to meet their standards. How to use revenue per call.

Upselling 52

Upselling Contact Center Metrics Coaching 52

TechSee

MAY 18, 2022

While these metrics measure agents’ productivity, occupancy only considers the time agents are active when logged in , while utilization includes total work time. For example, team meetings or training would not be included in the equation because agents would not be capable of engaging with customers during that time.

Call Center 109

Call Center Contact Center Benchmark Agent burnout 109

ClientSuccess

MARCH 16, 2022

Meet with the customer as early as possible before onboarding begins. . Start talking about the entire customer lifecycle in onboarding meetings. . Track data and metrics as early as possible in the process for accurate data down the road. . eBook: Ultimate Guide to Customer Success Metrics.

Upselling 71

Upselling Metrics Sales 71

CustomerSuccessBox

JULY 1, 2022

Your high-touch customer success team will operate more productively if it can identify the KPIs and metrics early on. Setting customer success metrics involves more than just measuring performance. For instance, performing business reviews typically enhances upsell sales. This makes the goals specific and measurable.

SaaS 52

SaaS Upselling Metrics Accountability 52