ChurnZero

DECEMBER 29, 2020

2020 was a real mixed bag of emotions. All I know is that if someone were to ask me if I’ll miss any aspect of 2020 (perhaps the solitude and introspection of it all), my reaction will most likely be this: So, here’s to hoping we find a few more chocolate-filled chocolates in next year’s box. Top 10 Blog Posts from 2020.

Conference 98

Conference Chief Customer Officer Customer Success Software 98

Totango

NOVEMBER 12, 2020

A decline in new business opportunities brought about by belt-tightening in the market is encouraging the use of Customer Success best practices to retain and grow opportunities with existing customers. In uncertain times, however, it is difficult to predict customer behavior or anticipate future needs. Scaling the team.

Customer Success 100

Customer Success Technology Effort Score Customer Centricity 100

Totango

NOVEMBER 12, 2020

A decline in new business opportunities brought about by belt-tightening in the market is encouraging the use of Customer Success best practices to retain and grow opportunities with existing customers. In uncertain times, however, it is difficult to predict customer behavior or anticipate future needs. Scaling the team.

Customer Success 86

Customer Success Technology Effort Score Customer Centricity 86

ChurnZero

JUNE 12, 2020

Following the trajectory of these more established functions, the next natural progression in Customer Success’ evolution is specialization. As Customer Success teams continue to mature, and their need to scale and automate grows , having their own operations roles will become evermore essential and prevalent.

Customer Success 80

Customer Success Effort Score Metrics Leadership 80

ChurnZero

JANUARY 3, 2020

Lessons Learned about Building Remote Customer Success Teams from 4 Years on the Job. Author: Ingmar Zahorsky , VP of Customer Success, ChartMogul. ChartMogul hasn’t always been a remote company, but the customer success team started with remote in mind. Jumpstart customer success with great self-help tools.

Customer Success 64

Customer Success Self Service Metrics Customer Retention 64

BlueOcean

OCTOBER 6, 2020

For clients with complex care scenarios – whether that is enterprise customer success management or providing critical support direct to consumers – change is never taken lightly. 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.

Customer Care 156

Customer Care Contact Center Effort Score Net Promoter Score 156

SurveySensum

JULY 14, 2020

The Super-Heroes of Customer Experience are here! Customer Experience – The new focus of 2020! Customer Experience has become a top priority for businesses in 2020. It is now considered to be the key brand differentiator and a critical factor for your brand’s success and revenue growth.

Customer Experience 132

Customer Experience Consulting Multi-Channel Leadership 132

ChurnZero

JANUARY 26, 2021

A J oint Success Plan is a simple but powerful tool for outcome-based customer success management. It’s designed to help solution providers align with their customers’ business goals and objectives. Customer success continues to evolve as a practice within companies that enjoy recurring revenue models.

Customer Success 98

Customer Success Tools Management Chief Customer Officer 98

SurveySensum

OCTOBER 27, 2020

Being pivotal in shaping Customer Success’ best practices, she has been nominated as a top Customer Success strategist and influencer, year after year, since 2013. This week, in the SurveySensum CX Thought Leader Series , we had an insightful discussion with her about her Customer Success Journey.

Customer Success 59

Customer Success Consulting Chief Customer Officer Customer Centricity 59

Lumoa

MARCH 20, 2018

According to Accenture , 85% of customer interactions will be managed with AI by 2020. The most important AI technologies relevant for analyzing customer feedback fall in the area of natural language processing (NLP) and machine learning. Why is NPS ® going up or down? Why are your customers turning away from you?

Net Promoter Score 286

Net Promoter Score Customer Journeys Omni-Channel Customer Experience 286

Retently

AUGUST 3, 2023

If you’re wondering how such empathy turns into profitability, an independent research by Frederick Reichheld of Bain & Company [see the research results in PDF] (the inventor of NPS) states that increasing customer retention by a mere 5% leads to a whopping 25% – 95% jump in profits.

Customer Experience 148

Customer Experience Net Promoter Score Effort Score Social Media 148

Retently

AUGUST 9, 2018

How much do you focus on customer retention? If you don’t, you’re likely to hemorrhage money in the long run, given that acquiring new customers will cost you 5 times more than retaining existing clients. Consider NPS Surveys to Get Customers a Voice. How likely, you ask? Detractors. What is Net Promoter Score.

Feedback 104

Feedback CEM Net Promoter Score Social Media 104

Lumoa

MARCH 20, 2018

According to Accenture , 85% of customer interactions will be managed with AI by 2020. The most important AI technologies relevant for analyzing customer feedback fall in the area of natural language processing (NLP) and machine learning. Why is NPS ® going up or down? Why are your customers turning away from you?

Net Promoter Score 160

Net Promoter Score Customer Journeys Omni-Channel Customer Experience 160

Education Services Group

SEPTEMBER 19, 2022

Yet, despite those rough patches, we started this year looking ahead to a bright future for Customer Success. When uncertainty looms, there are a few leading practices that those of us in the Customer Success community can focus on to help keep everything on an even keel – for our business, our customers, and ourselves.

Effort Score 52

Effort Score Customer Success Study NPS 52

CustomerSuccessBox

APRIL 5, 2022

It takes continuous renewals and a need to increase customer lifetime value as well. Having these burdens in mind, the first thing that pops into my head is the efforts of customer success teams in enabling the customer experience. That’s why customer enablement! What is customer enablement?

Customer Centricity 52

Customer Centricity Metrics Customers Customer Success 52

Retently

FEBRUARY 27, 2019

Below, we’ve listed 12 proven tactics to increase your average CLV and generate more revenue from your existing customers. When it comes to customer success, onboarding is the process you should spare no effort on in order to ensure sustainable business growth. Better customer service equals a better customer experience.

Social Media 130

Social Media NPS Omni-Channel Effort Score 130

Ecrion

MARCH 27, 2020

Before I go any further, let me state that I’m a practitioner and proponent of the Customer Success (CS) movement. Customer Success is about ensuring B2B customers achieve their desired outcomes from the relationship with their vendor. Defining a Successful Customer Experience Project.

Customer Experience 74

Customer Experience Customer Journeys How To B2C 74

Education Services Group

MARCH 19, 2021

Digital Customer Success is for everyone! In an ideal world, every customer gets one-on-one time with their Customer Success Manager, and there are enough Customer Success Managers to fulfill every request without overwhelming your CS team. Prioritize dynamic engagement with all customer segments.

Customer Success 52

Customer Success Study Engagement Customer Engagement 52

Education Services Group

APRIL 22, 2022

It was a Saturday, early in 2020, with whispers of an emerging and relentless virus in the air. The Customer Success organization is no stranger to complex business challenges; it’s what we address in our customers’ environments every day, and what we in CS Operations are tasked to navigate through for the Customer Success organization.

Data 98

Data Effort Score Customer Success Social Media 98

ChurnZero

JANUARY 31, 2020

Customer retention and churn prevention start at the beginning of a customer’s journey with your company – in onboarding. This crucial first interaction between your customer, your product, and your team establishes the groundwork that can jumpstart success or accelerate failure. Q&A Recap. I don’t know.’

How To 64

How To Metrics NPS Customer Retention 64

ChurnZero

JANUARY 17, 2020

If your company is exploring the idea of implementing a dedicated Customer Success (CS) platform, the question of where to start can be daunting. With so many tools at your disposal, it can be challenging to determine how to best leverage a Customer Success platform and hit the ground running. On Staying Organized .

Tips 72

Tips Metrics Customer Success Effort Score 72

SurveySparrow

MAY 22, 2021

That’s a long way from your first post in January 2020. Here are the 8 tried and tested Customer Satisfaction metrics. Net Promoter Score (NPS). Customer Satisfaction Survey (CSAT). Customer Effort Score (CES). Customer Acquisition Cost (CAC). Customer Reviewss. Net Promoter Score (NPS).

Customer Satisfaction 52

Customer Satisfaction Metrics Net Promoter Score Effort Score 52

Gainsight

SEPTEMBER 28, 2020

One way to solve this challenge is to use customer surveys which can allow you to normalize all the feedback to determine the next best course of action. At Gainsight, we believe the best way to ensure a customer-centric product is alignment between Customer Success (CS) and Product. Data tells us so many stories.

Conference 66

Conference Industry Metrics Effort Score 66

ChurnZero

DECEMBER 27, 2019

5 Common Mist a kes Customer Success Managers Make When Managing Their Day . Do you have enough empathy to know how your response is being received through your customer’s eyes? Follow these reparative steps to salvage your relationship with upset and frustrated customers before they’re damaged beyond repair. .

e-support 64

e-support eBook Chief Customer Officer B2B 64

Gainsight

JUNE 18, 2020

At athenahealth, a leading provider of network-enabled software and services for medical groups and health systems nationwide , Laura is a Senior Product Manager and Ed is Executive Director, Customer Success Analytics. Customer success analytics weren’t always perfectly integrated. Nick: That sounds wonderful!

Healthcare 52

Healthcare Effort Score Chief Customer Officer NPS 52

Retently

JULY 25, 2018

This is actually one of those quotes on customer experience that kind of predicted the future in a way. What we mean by that is that, according to research , customer experience will end up overtaking price and product as the main brand differentiator by 2020. This shouldn’t be that much of a surprise, though.

CEM 91

CEM Customer Experience Social Media NPS 91

SmartKarrot

JUNE 1, 2020

Customer Success is one of the biggest buzzwords in the modern SaaS industry. Subscription based economy has disrupted the ways companies used to measure their customer lifetime value (CLV). The pillars of customer success comprise a wide variety of functional aspects in a growing SaaS business.

Customer Success 11

Customer Success Net Promoter Score Metrics Effort Score 11

ChurnZero

JULY 9, 2020

Sure, you won customers over to get the initial purchase, but what about your post-sale courting? That’s why they got into this relationship with you in the first place – and why customer success has become a non-negotiable. Upskill to Up Your Retention Game . The Forgotten CSM: Customer Success Marketing.

Strategy 64

Strategy Marketing Case Study Effort Score 64

WorkOutLoud

JANUARY 23, 2018

Article Summary: There is a strong correlation between Customer Retention and a positive Customer Experience, and an even more direct correlation between Customer Churn and a negative experience. There is an even more direct correlation between the loss of a customer, or churn, and a negative experience.

Customer Experience 40

Customer Experience Self Service Social Media Multi-Channel 40

SmartKarrot

APRIL 24, 2020

Why is Customer Segmentation in SaaS Important? Statistics reveal that 81% of the customers trust their friends and family’s advice for choosing between applications. On the other hand, a report suggests that, in 2020, 86% of the buyers would pay more for better customer experience on an application.

Net Promoter Score 12

Net Promoter Score Effort Score B2C B2B 12

SurveySparrow

SEPTEMBER 6, 2019

The Customer Lifetime Value of a customer is not found out to increase the number point-blank but to help you build customer acquisition strategies as well as craft a roadmap for customer retention. The way you calculate your Customer Lifetime Value depends on your business model. 8 Feedback.

Social Media 51

Social Media Effort Score Metrics Customers 51

Gainsight

OCTOBER 22, 2020

According to research , a modest bump of 5% improvement in retention can result in anywhere from 25% – 95% increase in profits. KBCM Technology Group’s 2020 SaaS Survey Results indicate that the cost to acquire one dollar of new customer Annual Recurring Revenue (ARR) is $1.60., Customer sentiment (e.g.

Customer Base 59

Customer Base Return on Investment NPS Metrics 59

SmartKarrot

DECEMBER 3, 2020

One particular goal that all companies can strive for is to boost customer satisfaction. A list of resolutions for customer success managers is great to help them steer in that direction. With the Coronavirus pandemic that has shaken the world in 2020, it is important to look for improvements in customer retention in 2021.

Customer Success 10

Customer Success Management Customer Journeys Net Promoter Score 10