ChurnZero

MAY 5, 2020

As businesses are thrust into uncharted territory, figuring out how to navigate customer retention strategies to minimize churn will determine their survival. For those who were unable to attend or would like a session refresher, below are the top takeaways for crafting your customer retention game plan. .

Customer Retention 72

Customer Retention Chief Customer Officer Case Study Customer Success 72

One Millimeter Mindset

SEPTEMBER 10, 2018

Business growth either leverages profitable leadership communication. How many of your clients have voiced this sentiment, when attempting to traverse execution of pre-sale promises and their post-sale service delivery and execution? Yes, I used to be a loyal customer of a particular service platform, which shall remain nameless.

Leadership 61

Leadership Communication Customer Retention Sales 61

Customer Bliss

MAY 2, 2019

It takes skill to synthesize the knowledge you’ve gained and then disseminate in a way that will help leaders make financial, cultural, and leadership decisions. Rosalyn Curato , CCO of Allovue , a startup EdFinTech (education financial technology) company, knows how to leverage this skill.

Company 149

Company Strategy Chief Customer Officer Financial 149

PeopleMetrics

FEBRUARY 21, 2023

Picture this: your customer experience (CX) team has gone through your customers’ feedback, identified regular pain points in the customer journey, and found solutions to reduce friction and retain more customers. However, they did this several months ago and suddenly customer retention is starting to dip down again.

Customer Journeys 117

Customer Journeys Customer Experience How To Net Promoter Score 117

Totango

JULY 15, 2022

Detecting and protecting at-risk customers is important even in the best of times, but it is especially critical during times of economic instability when your current customer base is your greatest (and perhaps only) source of dependable revenue growth. .

How To 90

How To Financial Customer Base Leadership 90

InMoment XI

NOVEMBER 15, 2023

This method harnesses the power of data and insights to gain a deeper understanding of customers, their preferences, and their interactions with a company. We’ll explore what customer experience analytics is, where it comes from, important metrics to consider, its benefits, real-world examples, and how to drive value from this practice.

Analytics 243

Analytics Customer Experience e-support Net Promoter Score 243

One Millimeter Mindset

AUGUST 29, 2018

Ah, the impact of experience conflicts on the performance of our customer retention strategy. That “something” completely disrupts customer experience equilibrium. Perhaps experience conflicts are more important when detected prior to acquiring customers than they are when they occur during post-sale execution?

Customer Retention 60

Customer Retention Strategy Customer Experience Comparison 60

ClientSuccess

JUNE 19, 2019

Adding credibility to this statement is a research study by Invesp Consulting which suggests: Existing customers are 50% more likely to try new products and spend 31% more than new users! Increasing customer retention by 5% can increase profits by 25-95%. ” How will this help? Shocker, right?

Customer Retention 73

Customer Retention Strategy e-support Brands 73

ShepHyken

DECEMBER 9, 2022

So how can you make sure that your customer journey is aligned with your brand expectations? And more importantly, how can you ensure that it’s not costing you sales? We explore these questions and offer some tips on how to improve your customer journey. . What do customers expect from contact centers? .

Customer Journeys 126

Customer Journeys Brands Sales Contact Center 126

Happy or Not

DECEMBER 9, 2024

Retaining customers is essential for business growth. At HappyOrNot, we understand that the key to boosting customer retention is effectively using feedback analytics. Feedback insights help craft a customer retention strategy that keeps loyal customers happy as well as attracts new ones.

Customer Retention 36

Customer Retention Analytics Feedback Analysis 36

Totango

JUNE 30, 2020

Communication during a crisis is about protecting your core asset, your customers. The digital transformation of business has shifted enterprise focus toward customer retention and the pursuit of long-term value. Challenges such as the ongoing COVID-19 pandemic only reinforce the importance of keeping the customers you have.

Communication 127

Communication Strategy Metrics Customer Retention 127

Gainsight

OCTOBER 22, 2020

Determine What At-Risk Means And How To Monitor For It . By identifying risk in your customer base, your team will drive action to mitigate it faster and help drive up retention. Naturally, the first step of establishing a renewal process is defining the leading indicators of risk within your customer base.

Customer Base 59

Customer Base Return on Investment NPS Customer Retention 59

ChurnZero

JUNE 17, 2022

It requires a genuine understanding of your customer cohorts and their goals, perceptions, and needs. To share how to choose, track, and act on effective onboarding metrics, ChurnZero Customer Success Enablement Team Lead Bree Pecci joined CSM Practice for a drill-down into customer-centric onboarding.

Metrics 98

Metrics How To Effort Score Self Service 98

ChurnZero

MARCH 3, 2022

Top five Customer Success resources brought to you by ChurnZero. How to crush SaaS customer onboarding: a roundup of expert advice. SaaS onboarding makes or breaks your customer retention. For this reason, everyone is trying to crack the code on how to create the optimal onboarding experience.

Resources 98

Resources Customer Success Handbook eBook 98

ChurnZero

JANUARY 8, 2021

Against the backdrop of wild economic uncertainty, Customer Success has been the failsafe of SaaS businesses that were blindsided by pandemic-induced churn and contraction. With Customer Success demand at an all-time high, we expect to see more of its leaders join the executive ranks in the coming months and years.

Customer Success 98

Customer Success Chief Customer Officer Leadership Healthcare 98

ShepHyken

MAY 13, 2024

There are several suggestions on how to be customer-obsessed, but I was especially happy to see one of his major points in all caps: EXPERIENCE IS THE NEW BRAND. The article shares a simple formula to measure churn and offers several suggestions on how to decrease it. When he talks or writes, I listen. What Is Churn Rate?

Customer Service 77

Customer Service Loyalty Programs Customer Retention Metrics 77

Customer Guru

AUGUST 21, 2018

With an expertise in customer service and experience trends, customer retention, employee engagement, and the like, DiJulius has worked with several brands such as The Ritz-Carlton, Starbucks, Nordstrom, and many more. John is an “Ex-Disney Guy” and Customer Experience Coach. Marketing and thought leadership programs.

Customer Experience 115

Customer Experience Customer Journeys Consulting Customer Experience Professionals 115

Second to None

APRIL 4, 2018

Creating loyalty amongst your target customers serves a challenge for brands in any industry, and ultimately, those organizations that do inspire customers to return to their brand are positioning themselves for continued success. To learn more about how to create these ambassadors, check out James Glover’s piece for Oracle.

How To 54

How To Retail Effort Score Voice of Customer 54

Gainsight

DECEMBER 10, 2018

Top 5 Customer Success Blog Posts of 2018. You can’t have a business without a product and you can’t maintain a customer base without Customer Success. How to Calculate 6 Key Customer Success Metrics. This blog post covers the six metrics every Customer Success professional needs to know.

Customer Success 71

Customer Success Net Promoter Score Chief Customer Officer Metrics 71

Education Services Group

FEBRUARY 26, 2023

By opening up a dialogue with your colleagues and executive leadership in this way, you can build momentum behind your charter and win over allies who will support your mission going forward. The mission of Customer Success has always been to retain customers and grow the customer base over time.

Customer Success 97

Customer Success Leadership Exercises Meeting 97

ChurnZero

FEBRUARY 4, 2022

Because how you share information with investors matters. This is a skill that every influential, self-aware leader knows how to do. Reframing is especially important for customer success who serves as the customer’s advocate and voice within the organization and boardroom. Customer retention. says Kristen.

Metrics 98

Metrics Customer Success Engagement Effort Score 98

Second to None

JUNE 21, 2018

The idea behind this type of marketing is if the potential customer is consistently and continually provided with content that is both interesting and useful, the end result will be the consumer will purchase the service or product. This will help retain and grow the brand’s customer base through loyalty.

Loyalty 61

Loyalty Consumers Marketing How To 61

NobelBiz

NOVEMBER 13, 2023

Satisfied customers are more likely to stay loyal and continue their relationship with the brand, leading to a higher customer retention rate and, ultimately, sustained revenue growth. How to measure Your Contact Center’s NPS? This results in increased customer retention and higher revenue potential.

ROI 111

ROI Net Promoter Score Measurement Customer Experience 111

ShepHyken

JULY 20, 2020

Check out this article and I think you’ll agree, Zappos is a customer service and experience rock star. What Is Broken About Customer Experience Today? Forbes) Many of us have had to rely more on our existing customer base to ride through this turbulent period. by Niraj Ranjan.

Self Service 62

Self Service Customer Service Customer Retention Retail 62

Totango

MAY 29, 2020

Your customers need to hear the voice of a leader right now, with a clear, practical plan for the times ahead. The scale of the current health crisis may be unparalleled, but we have all dealt with the challenge of how to retain at-risk customers before, even if there may be more of them than usual at the moment.

How To 62

How To Resources Software Hospitality 62

ChurnZero

JANUARY 26, 2021

Through this partnership, we create customer advocates in the market who will provide references and referrals, we renew customers at higher rates, and we have the opportunity to expand revenue by selling additional products and services into our existing customer base. Next are the day-to-day leadership contacts.

Customer Success 98

Customer Success Tools Management Chief Customer Officer 98

SurveySensum

JULY 14, 2020

Augie Ray – Customer Experience Expert, Blogger, Speaker, Consultant. As a VP Analyst for Customer Experience at Gartner, Augie Ray has been helping Fortune 500 firms to understand CX, how to succeed, how to gauge results, and how to make CX matter to the stakeholders. LinkedIn : [link]. Website : [link].

Customer Experience 132

Customer Experience Consulting Multi-Channel Leadership 132

Gainsight

JUNE 11, 2021

The themes today centered around Human-First Customer Success and Transforming Customer Centricity. Human-First Customer Success. The Key to Customer Success: Leadership with Jay Nathan, Chief Customer Officer at Higher Logic and Co-founder of Gain Grow Retain at Higher Logic.

Chief Customer Officer 91

Chief Customer Officer Handbook Customer Success Knowledge Base 91

ChurnZero

AUGUST 25, 2021

How to Categorize Responses to the NPS Question. Once you’ve got your NPS survey ready to go and sent out to customers, it’s important to know how to categorize and analyze the data. However, there are still some key things to keep in mind when you identify the passives in your customer base: They’re satisfied.

NPS 98

NPS Net Promoter Score Customer Journeys Customer Satisfaction 98

inmoment

JULY 4, 2020

Practitioners can also use these links to prove ROI to decision makers, which helps determine both which projects to prioritize and how to build a case for (more) funding. Using a CX program to create promoters and then have them advocate for your brand will grow your customer base considerably. Customer Retention.

Customer Experience 40

Customer Experience How To Self Service Customer Retention 40

PeopleMetrics

FEBRUARY 26, 2018

Your customers who bought your product and solution did so for a reason – because they believed it would add business value to their organization. Your customers who actually use your product and solution every day can help to prove (or disprove) that business value. How likely are you to recommend my product or service?”.

NPS 96

NPS Net Promoter Score Company Roadmap 96

ChurnZero

NOVEMBER 30, 2018

Michael spent the last five years growing the Customer Support and Customer Success functions at HubSpot, and he shared his hard-earned lessons of how they started from a team of one to now a global team of over 250. Their day zero of a customer is now more like nine to six months into it (or whatever timeframe).

Customer Success 49

Customer Success How To e-support eBook 49

Totango

MAY 7, 2024

We can’t pretend that’s easy, but we can share how you can create greater alignment between the CS and Sales functions at your organization to usher in the next chapter of GTM excellence. So, you need a revenue model that fosters long-term customer retention and high expansion rates.

Sports 103

Sports Sales Strategy Net Promoter Score 103

ChurnZero

JUNE 17, 2022

It requires a genuine understanding of your customer cohorts and their goals, perceptions, and needs. To share how to choose, track, and act on effective onboarding metrics, ChurnZero Customer Success Enablement Team Lead Bree Pecci joined CSM Practice for a drill-down into customer-centric onboarding.

Metrics 52

Metrics How To Effort Score Self Service 52

Totango

NOVEMBER 5, 2021

What do you do when you realize that 95 percent of your customer base is tech-touch and you don’t have the manpower to properly engage with and measure this group? Obviously, that’s not set in stone because some customers are larger, more complex, and require more attention than others. How to Drive Customer Engagement.

Customer Engagement 115

Customer Engagement Customer Journeys Engagement Strategy 115

ChurnZero

JANUARY 10, 2020

Based on LinkedIn research, Customer Success r oles saw 34% annual growth —qualifying them as one of the top emerging jobs in 2020. For Customer Success teams to continue to expand, it’s crucial they have dedicated leadership to rally internal support and fortify their position within the broader organization. .

Chief Customer Officer 52

Chief Customer Officer Customer Success Leadership Customer Retention 52

ClientSuccess

DECEMBER 5, 2022

This means adding enterprise customers will give you a complete perspective of the customer base. Make sure to keep up-to-date with the customer feedback and ensure that you’re working with customers from all types of organizations. finding and managing a core customer base.

Tips 87

Tips Customer Success eBook Social Media 87