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.

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Financial Metrics Customer Success eBook 46

NICE inContact

SEPTEMBER 25, 2019

We surveyed more than 900 contact center leaders in the United States, United Kingdom, and Australia about key customer experience topics, including contact center plans and metrics. The latest results and analysis can be found in the 2019 NICE inContact Customer Experience (CX) Transformation Benchmark.

Contact Center 136

Contact Center Call Center Omni-Channel eBook 136

ClientSuccess

NOVEMBER 1, 2017

Join Dave Blake (CEO of ClientSuccess) and Dan Demas (VP of Customer Success at Pendo) as they share 5 metrics that matter for product and customer success teams. This webinar will help product and customer success teams, understand which metrics are unique and which are shared. Your Presenters.

Metrics 40

Metrics Customer Success eBook Culture 40

Customer Bliss

FEBRUARY 10, 2015

Competency #1: Honor and Manage Customers as Assets. Know the Growth or Loss of Customers and Care About the “Why?”. With this competency, the goal is to align leaders to make a defining performance metric—the growth or loss of your customer base.

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Chief Customer Officer eBook Metrics Leadership 100

ClientSuccess

MAY 10, 2022

The ‘sale’ of a new customer – aka the monetary amount of the contract – is often looked at as the be-all-end-all metric to determine the value of the customer. How to calculate Customer Lifetime Value. What about a conference you already know this customer will be perfect for? Ready to Learn More?

How To 59

How To Metrics Case Study eBook 59

ClientSuccess

AUGUST 31, 2020

Making the decision to invest in a customer success platform shows that your organization is 100% dedicated to the long-term success and growth of your customer base. . The most successful customer success platforms are ones that offer unique solutions and insights for both customer success leaders and customer teams themselves.

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Customer Success How To eBook Leadership 105

InMoment XI

JANUARY 2, 2023

But “it” is a multi-layered concept, and to truly understand customer experience at scale, you may need to track three very important metrics. Together, these can give you insight into where you stand and how to improve your CX: Net Promoter Score ( NPS ) Customer Satisfaction (CSAT) Customer Effort Score ( CES ).

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Net Promoter Score NPS Metrics Effort Score 295

ChurnZero

JANUARY 10, 2022

If you’ve gotten customer feedback , for example, and you want to look over it to identify pain points, recruit a cross-functional team to help you review the data. You’ll be able to put together much more efficient internal workflows and define responsibilities and metrics. Avoid Overloading Onboarding Customers.

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Metrics Customer Success Training eBook 98

Playvox

FEBRUARY 13, 2024

In an economy that’s pitched more than a few curveballs over the last five years, retaining and growing a loyal customer base is consistently a winning business strategy. Remember to keep it focused on the right metrics. As a contact center leader, the top agents you hire, train, and manage are the clutch players.

Contact Center 88

Contact Center Gamification Measurement Training 88

Gainsight

JANUARY 4, 2021

As we embark on the New Year, now is the perfect time to catch up on Gainsight’s Customer Success resources from 2020. We compiled our best Customer Success resources from last year, from blogs to ebooks to webinars and podcasts. 3 Steps to Creating a Renewal Process and Retention in Your Customer Base.

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Resources Customer Success eBook Multi-Channel 111

Gainsight

MAY 3, 2022

Expansion revenue is money that your company generates from your current customer base. Some common examples include any revenue you earn from upselling, cross-selling, and securing upgrades from existing customers. By doing so, you reveal more product value and inspire your customer base to invest more money in your product.

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Handbook Roadmap User Experience Metrics 52

BirdEye

APRIL 20, 2023

An effective way to increase interest is to offer prospective customers a lead magnet , such as an eBook with valuable information they can’t find elsewhere. You can offer free product samples, exclusive deals, or even points if you’re running a customer loyalty program to get them to refer more people.

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Social Media Multi-Channel Metrics Effort Score 98

Feedbackly

JUNE 1, 2023

Customers know they can enjoy superior service when they deal with your brand and won’t hesitate to come again. Also, when customers get emotionally connected to brands, they advocate and promote the products to people. Building such a loyal customer base can help your business expand.

eBook 52

eBook Touchpoint NPS Brands 52

ClientSuccess

JUNE 15, 2021

If there is one lesson that SaaS organizations learned during the last year, the importance of a loyal customer base can not be overstated. During a year where many companies had to make complex strategic decisions, and new sales weren’t exactly flying in at a rapid pace, existing customer accounts helped keep the lights on.

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Customer Success Company eBook Customer relationships 52

Gainsight

SEPTEMBER 1, 2022

To reduce these risks, look at business metrics, such as Net Promoter Score (NPS), customer lifetime value (CLV), and annual recurring revenue (ARR). Add behavioral analytics to your business data for a more nuanced look at where customers are engaging. Which product features are most tied to your business metrics?

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Roadmap Data Net Promoter Score Analytics 52

TeamSupport

AUGUST 24, 2018

If the number of tickets you are receiving is consistently dwindling, it’s time to boost retention efforts because you likely have a large amount of silent dissatisfaction among your customer base. 2) First contact resolution rate – One major cause of unhappy customers is when they don’t feel like their voice matters to your company.

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Customer Service Self Service Poor Customer Service eBook 71

Gainsight

APRIL 5, 2022

Losing touch with the customer base is easy to do as products grow. Without consistently gauging user sentiment and behaviors, new products may fall out of step with your customers. PX makes it easier to align your products with users in two key ways: You can rally around user-based metrics. Users are forgotten.

Company 52

Company Multi-Channel Roadmap Analytics 52

Playvox

APRIL 21, 2023

Providing different channels as contact methods without monitoring for performance or quality means the customer experience could suffer in those channels without you even realizing it. For example, if your customer service center is still using voice KPI standards to evaluate agents’ performance in chat, you’re probably misjudging it.

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Omni-Channel Self Service Customer Experience Contact Center 95

Gainsight

APRIL 13, 2022

In this article, we dig into the product-led approach and list the four ways it can lower your customer acquisition costs. What is customer acquisition cost? Customer acquisition cost (CAC) is a metric that tells you how much your company is spending to bring in a new customer. It reduces your marketing costs.

Handbook 52

Handbook User Experience eBook Resources 52

ClientSuccess

JUNE 2, 2017

Request the recorded webinar here: The Customer Success Maturity Maturity Model. Dave Blake is Founder/CEO of ClientSuccess , a SaaS platform that helps customer success teams build relationships that last by giving them easy-to-use tools to proactively manage, retain, and grow their existing customer base.

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Customer Success Customer Journeys eBook Culture 40

Gainsight

OCTOBER 13, 2022

Capote says, “it’s clear that NRR is the key metric for SaaS companies that want to succeed in a hyper-competitive modern economy. Most companies realize that customer success is their number one growth engine—for growing client value, growing revenue, and growing shareholder value.”.

Customer Success 52

Customer Success Chief Customer Officer Effort Score eBook 52

ChurnZero

JANUARY 15, 2021

As Customer Success hadn’t yet shown to be indefensible at every company, You Mon had cautioned that the function would need to prove itself. Customer Success teams rose to the challenge of retaining customers during a global health and economic crisis. A growing reliance on Customer Success metrics.

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Customer Success Effort Score Self Service eBook 52

Gainsight

DECEMBER 2, 2019

Bookmark this collection of resources all about customer retention and stop churn in its tracks. Customer retention is one of the biggest metrics in SaaS and a key component in any SaaS company’s strategy. When a customer leaves, it’s known as churn. Benefits of a Customer Retention Strategy.

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Customer Retention Resources Strategy Chief Customer Officer 52

SurveySparrow

APRIL 11, 2021

Lead Scoring: In this, you assign points to leads based on specific parameters. The points are to indicate the leads that are closest to becoming your customers. Based on the points assigned, you will have a clear understanding of what to do with the lead at this point. These are also referred to as engagement metrics. .

Strategy 98

Strategy How To Effort Score Social Media 98

Qualtrics

JULY 22, 2021

A customer relationship is defined as the sum of all interactions and experiences that a customer has with a brand. Customer relationship measurement is simply translating customer relationships into metrics, such as Net Promoter Score (NPS) , customer retention cost, Customer Effort Scores (CES) , and more.

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Measurement Management Net Promoter Score Effort Score 26

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 Omni-Channel eBook Social Media 51

TeamSupport

AUGUST 24, 2018

If the number of tickets you are receiving is consistently dwindling, it’s time to boost retention efforts because you likely have a large amount of silent dissatisfaction among your customer base. 2) First contact resolution rate – One major cause of unhappy customers is when they don’t feel like their voice matters to your company.

Customer Service 40

Customer Service Self Service Poor Customer Service eBook 40

Gainsight

MARCH 29, 2019

Standardizing more metrics. CS is real, it’s here to stay, and part of that evolution means moving away from ad hoc metrics. When you can benchmark yourself against a broader base of comparable organizations using the same metrics calculated the same way, you can build a much more solid base for incremental improvement.

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Metrics Customer Success eBook Innovation 55

ClientSuccess

NOVEMBER 7, 2019

Customer churn is an important metric all businesses need to measure. While it may not be the most satisfying metric, it allows your business to identify – and hopefully improve – your customer attrition rate. Of course, it’s important to understand that customers can leave for any number of reasons. .

Strategy 47

Strategy eBook Metrics Trends 47

ClientSuccess

NOVEMBER 7, 2019

Customer churn is an important metric all businesses need to measure. While it may not be the most satisfying metric, it allows your business to identify – and hopefully improve – your customer attrition rate. Of course, it’s important to understand that customers can leave for any number of reasons. .

Strategy 40

Strategy eBook Metrics Trends 40

SmartKarrot

JULY 16, 2020

Hence, SaaS companies need to be proactive about user retention if they want to build a loyal customer base. In this blog, we are going to delve into the reasons why retention is a critical step, some of the best metrics to use to calculate the retention. Key Retention Metrics. Customer retention rate.

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Metrics eBook Customer Retention Strategy 10

Confirmit

OCTOBER 18, 2018

By investing in customer retention strategies (e.g. through a loyalty program), you can increase CLV (Customer Lifetime Value) as well as your chosen customer retention statistic or metric – the longer customers stay loyal, the more they tend to spend. Siemens Corporation is a U.S. Learn More. Learn More.

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Customer Retention Multi-Channel Net Promoter Score Return on Investment 45

ClientSuccess

OCTOBER 2, 2019

An Account Manager (or AM for short) goes after existing customers with the goal of renewing, cross-selling, and upselling the company’s product. The role is present in many businesses, but its goals are based on sales quotas, rather than an intimate knowledge of the metrics tied to a customer’s position in the marketplace.

Customer Success 47

Customer Success Management Metrics Guidelines 47

ChurnZero

APRIL 8, 2020

Put simply, customer advocacy is about providing a product or service of such a high standard that your customers want to spread the word about it. Understandably, advocates are at the core of your customer base—not just those repeat buyers, but those who rave about your product day in, day out.

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Customer Journeys Roadmap Gamification Course 81

PeopleMetrics

FEBRUARY 4, 2015

To make customer-centric decisions on a broader scale, you can analyze your customer feedback in aggregate. Aggregate customer data allows you to spot trends and see the effects of your customer experience efforts on your customer base. It makes “the customer” tangible. (To

Feedback 48

Feedback Customer Experience Net Promoter Score Customer Centricity 48

ClientSuccess

MARCH 8, 2018

Many times the conversation between product and customer success teams begins like this: how engaged are our users or are they using our software? But be aware that although this data is a important, it’s not always the holy grail of metrics. There are many other factors or KPIs that help build a clear picture of customer health.

Customer Success 40

Customer Success eBook Roadmap Feedback 40

ChurnZero

NOVEMBER 30, 2018

Q: For Customers Success what do you recommend is the best approach to divide and conquer your customer base to strategize on how to nurture, grow and expand? Q: What are your favorite metrics to track when it comes to Customer Success? So, I’m a big fan of the customer dollar retention metric.

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Customer Success How To e-support eBook 49