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Driving SaaS Revenue Through Customer Success

CustomerSuccessBox

Customer Success has become a must for every SaaS business with the advent of the subscription economy. But just having a customer success department does not solve issues with your churn rate, customer lifetime value, retention rate, or MRR/ARR. It starts by understanding why customer success is important.

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Ethical Dilemmas in Business: A Guide for Customer Success Teams

SmartKarrot

Therefore, businesses must understand and avoid various moral and ethical dilemmas that may potentially affect customer success and organizational productivity. Ethical Dilemma Examples In Business That Customer Success Teams Should Avoid: 1. Prioritizing Revenue Over Customer Experiences. contact-form-7].

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5 SaaS Renewal Process Best Practices for Customer Retention

Totango

With a focus on lifetime customer success rather than on quick revenue raising, you can turn your renewal process into a celebration of an ongoing partnership. It’s a customer-centered approach that reflects the broader economy we currently operate under, one where the customer expects individualized treatment.

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How to Calculate Your Customer Renewal Rate

Totango

The rate at which your customers extend their relationship with you determines how fast and how far your enterprise can grow. As such, being able to accurately calculate your renewal rate gives you insight into your customer success team’s performance. A Guide to Calculating Customer Renewal Rate.

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Proactive Customer Success Strategies that will get You Ahead of the Game

Totango

Proactive customer success means focusing on what is going to happen next. It is about making things better, taking things further, and using your understanding of your customers to prepare them for the next phase of their business growth. You need to nurture your customers so that both of you enjoy a recurring yield.

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Customer Experience (CX): Frequently Asked Questions

SmartKarrot

“Delivering a great customer experience” is now a top strategic objective – Bloomberg Businessweek. Customers today have more alternatives than they have ever had before. As a result, they have a much better understanding of what they want and how to get it. How to measure customer experience?

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Customer Centricity – A Crucial Factor to Build a Cohesive Customer Experience

SmartKarrot

Think of it as having siloed customer data or insufficient technology to extract all the information together. It can be a complete lack of understanding of the organization’s staff to comprehend the benefits and how to think about customers first. This is known as liquid expectations. Invest in customer journey mapping.