Customer Bliss

JUNE 23, 2016

I talk often about customer experience , but recently I’ve heard from some followers that they’d like a bit more on customer retention. The first thing to understand about customer retention is that obviously it comes straight from customer experience. Five steps for regaining customer trust.

Customer Retention 173

Customer Retention Data ROI Customers 173

One Millimeter Mindset

JANUARY 19, 2022

Surprised to enter 2022 digging yourself out of a huge 2021 customer defection hole? It just could be you left your entire client retention strategy up to the virtual customer retention dog. What excuses do you make to your managers about your less-than-stellar rate of customer retention?

Customer Retention 99

Customer Retention Touchpoint Customers Sales 99

ChurnZero

AUGUST 11, 2020

Did you know that 60% of SaaS companies reported a negative impact on customer retention and upsell deals due to the pandemic? Customer retention, along with new customer acquisition, has been challenging for most companies when the pandemic hit. This is a guest blog post by Anita Toth, Chief Churn Crusher. .

Customer Retention 97

Customer Retention Strategy Knowledge Base Chief Customer Officer 97

ClientSuccess

NOVEMBER 2, 2022

SaaS organizations are focusing more on maintaining and cultivating long-term customer relationships than ever before, and CSMs are at the forefront of these efforts. Here are some tips that can help your customer success team boost customer retention and reduce churn: 1. The post Ready to Boost Customer Retention?

Customer Retention 70

Customer Retention Tips Effort Score Customer Satisfaction 70

One Millimeter Mindset

SEPTEMBER 19, 2018

The customer retention ownership conversation is not a matter of assigning this critical-to-sustainability activity to “someone” in your organization. So, just who, in your organization is responsible for customer retention ownership? Who actually owns the customer, pre-sale through post-sale? Out of sight.

Customer Retention 71

Customer Retention Sports Leadership Sales 71

Education Services Group

NOVEMBER 21, 2022

I’m talking about the 2022 Customer Success Leadership Study (much more exciting, IMHO). For the third year in a row, we’re tracking all the twists and turns unfolding in the Customer Success industry. For additional insights on Customer Success influences and trends, download the full 2022 Customer Success Leadership Study.

Study 98

Study Leadership Customer Success Industry 98

Horizon CX

MARCH 25, 2019

Cultivating leadership potential requires moving from the role of a manager to that of a mentor or a coach. #4 Motivated employees work faster as they’re allowed the freedom to explore ways to serve and delight customers. A motivating CX leader contributes to agent retention, which in turn improves customer retention.

Leadership 113

Leadership Customer Centricity Employee Engagement Effort Score 113

Customer Bliss

JUNE 16, 2016

Every senior leadership team and every executive wants a good customer acquisition strategy, a good customer retention strategy, a strong lifetime value per customer, and a good overall customer experience. The first step is actually around leadership development. Click To Tweet.

Leadership 100

Leadership Customer Experience Travel Customers 100

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

ClientSuccess

APRIL 28, 2021

Silicon Slopes, Utah, April 28, 2021 — ClientSuccess, a leading Customer Success Platform, announced today that Kristi Faltorusso has joined their executive leadership team as Vice President of Customer Success. . Faltorusso brings over a decade of experience in Customer Success leadership. ClientSuccess.

Leadership 59

Leadership Customer Success B2B Customer Retention 59

ClientSuccess

APRIL 28, 2021

Silicon Slopes, Utah, April 28, 2021 — ClientSuccess, a leading Customer Success Platform, announced today that Kristi Faltorusso has joined their executive leadership team as Vice President of Customer Success. . Faltorusso brings over a decade of experience in Customer Success leadership. ClientSuccess.

Leadership 54

Leadership Customer Success B2B Customer Retention 54

One Millimeter Mindset

SEPTEMBER 10, 2018

Business growth either leverages profitable leadership communication. I recently became “that” disgruntled customer based on lack of leadership communication across the organization. Yes, I used to be a loyal customer of a particular service platform, which shall remain nameless. Or it showcases collaboration gaps.

Leadership 61

Leadership Communication Customer Retention Sales 61

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

One Millimeter Mindset

MARCH 28, 2019

Each of us has a customer retention superpower. And our unique qualities, actions, beliefs and behaviors keep customers glued to our sides, year after year. Our customer retention superpowers are more than attaining functional expertise and excellence in our current professional position. What are yours?

Customer Retention 64

Customer Retention Communication Customers Sales 64

Gainsight

APRIL 11, 2023

Stabilizing Revenue in a Downturn by Doubling Down on Retention In today’s economic climate, SaaS companies are having to grapple with a new reality. As new sales slow down and companies shift focus to customer retention and expansion, the work of post-sales and customer success teams has never been more important.

Leadership 52

Leadership Conference Customer Success Customer Retention 52

Customer Bliss

AUGUST 3, 2018

“A very small increase in customer retention can yield a huge impact on profitability.” How Net Promoter Companies Thrive in a Customer-Driven World. Rob Markey is a partner at Bain & Company and leads the customer strategy and marketing practice. 7 Customer Experience Insights You Can Apply to Your Organization.

Leadership 120

Leadership Chief Customer Officer Social Media Loyalty 120

InMoment XI

MAY 4, 2023

In another example, a major Asia-Pacific Telecom Co utilized segmentation to align their growth strategy with changing customer needs and, as a result, exceeded revenue goals and cemented their leadership in the industry.

Strategy 295

Strategy Customer Experience How To Loyalty Programs 295

One Millimeter Mindset

SEPTEMBER 13, 2018

These 3 Industry40 soft skills are mandatory skills for personal development and leadership success in Today’s and Tomorrow’s evolving, complex business ecosystem. Instead, isn’t it time to develop the leadership soft skills for Tomorrow and the Future? Beyond our current personal development and leadership comfort levels?

Leadership 71

Leadership Communication Industry Knowledge Base 71

ClientSuccess

JANUARY 25, 2021

Webinar: How We Became a Customer-Obsessed Company. Webinar: Top 6 Trends in Customer Success. The post How Customer Success and Marketing Can Work Together to Increase Customer Retention appeared first on ClientSuccess.

Customer Retention 81

Customer Retention Customer Success Marketing Case Study 81

Customer Bliss

JULY 11, 2017

Some include: Customer satisfaction. Customer retention. Ultimately a lot of this comes back to (a) revenue and (b) system performance; the incentives tend to be around those spaces. How quickly people on-board. SERP (search result pages) change constantly at Google. Tons of testing/analysis.

Leadership 0

Leadership Customer Experience Report Innovation 0

ijgolding

MAY 17, 2017

One day, I hope I do get the chance to meet him – as I have said in the past, if I ever do, I will give him a hug and thank him for changing the way the world thinks about the customer. The post Role model customer centric leadership: why I am a huge fan of Jeff Bezos! I will thank him for being my business hero.

Customer Centricity 181

Customer Centricity Leadership Competitive Advantage Sports 181

Education Services Group

NOVEMBER 8, 2021

The 2021 Customer Success Leadership Study is out! Especially when they are telling a story about how Customer Success is booming. Without further ado – here’s a quick recap of the 2021 Customer Success Leadership Study! I don’t know about you, but I love data. Numbers are the best.

Study 52

Study Leadership Customer Success Chief Customer Officer 52

Verint

DECEMBER 28, 2017

One Millimeter Mindset customer retention moves you and your organization one millimeter outside your current comfort level. One of the biggest differences has to do with how we acquire and then retain customers. More importantly, One Millimeter Mindset customer retention is about today and tomorrow, not yesterday.

Customer Retention 36

Customer Retention Leadership Sales Innovation 36

Education Services Group

JANUARY 19, 2021

What we discovered has been compiled and analyzed by CS experts and distilled into concrete, actionable data about the state of Customer Success today. We are proud to present the Inaugural Customer Success Leadership Study ! A spotlight on Customer Success. Contact us today.

Study 52

Study Leadership Customer Success Industry 52

InMoment XI

FEBRUARY 1, 2023

Every organization, leadership dynamic, employee culture, and business is different. We mentioned above that we have led CX reporting to the CMO, reporting to the COO, and as an independent function.

Customer Experience 260

Customer Experience Chief Customer Officer Report Culture 260

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%. Shocker, right?

Customer Retention 73

Customer Retention Strategy e-support Loyalty 73

The DiJulius Group

AUGUST 21, 2019

The restaurant employs three Dreamweavers, whose sole task is to create unique experiences for their customers. The post Compensation Has To Be On Customer Retention Not Just Sales appeared first on The DiJulius Group. I love what owner Will Guidara says, “I think if you. Read Full Article.

Customer Retention 48

Customer Retention Sales Groups Customers 48

ClientSuccess

SEPTEMBER 26, 2019

eBook: The Ultimate Guide to SaaS Customer Success Metrics. The post 5 Effective Customer Retention Tips to Implement appeared first on ClientSuccess. For additional insights, download one of these valuable resources: Webinar: Why Continuous Onboarding is Critical for Your Business. Toolkit: Churn Management Toolkit. .

Customer Retention 49

Customer Retention Tips Net Promoter Score Metrics 49

ShepHyken

SEPTEMBER 13, 2021

What Is Customer Loyalty and Retention (And 3 Tips for Improvement) by Scott Clark. CMSWire) Although the terms “customer loyalty” and “customer retention” are often used interchangeably, they actually refer to two different things. My Comment: I hear it over and over again from B2B leadership.

Customer Service 150

Customer Service B2C B2B Customer Retention 150

SmartKarrot

DECEMBER 12, 2023

In the rapidly evolving landscape of the tech industry, the role of Customer Success (CS) has gained significant prominence. Bhumika acknowledges a shift in focus as businesses recognize the importance of customer retention in the face of a challenging market.

Leadership 10

Leadership Customer Success Chief Customer Officer Customer Retention 10

Customer Bliss

AUGUST 28, 2020

In our conversation, Aisling Hassell addressed the challenges of communicating effectively with your leadership team and your employees. And obviously, the last couple of months, as myself and my leadership have had to recast that vision. “When you talk about concern, anxiety and sustainability kind of go hand-in-hand.

Customer Journeys 323

Customer Journeys Roadmap Leadership Customer Experience 323

Experience Investigators by 360Connext

APRIL 23, 2024

Prioritizing the right CX management not only helps in retaining customers by improving their experiences, but also enhances the overall brand image and increases profitability. Some organizations find that focusing on retaining customers in volatile times can provide more revenue than sales.

ROI 143

ROI CEM Net Promoter Score Customer Experience 143

Experience Investigators by 360Connext

AUGUST 22, 2023

That’s why being intentional about customer experience means we have to look at behavior and actions, not just what customers tell us. At the company level, review metrics like customer retention or renewal rates, referral rates, and digital analytics like website conversions. That’s not true.

Customer Experience 143

Customer Experience Effort Score Course Feedback 143

Horizon CX

APRIL 1, 2024

Organizations that were positioned in the higher half of the CX maturity scale were experiencing remarkable results – three times higher revenues and three times higher customer retention rates. This underscores the tangible impact that prioritizing CX can have on the bottom line.

Customer Journeys 130

Customer Journeys Touchpoint Customer Centricity Competitive Advantage 130

Customer Bliss

DECEMBER 27, 2016

CCO survival kkill: Creating a unified leadership team. I usually call this “one-company leadership.” Unifying leadership teams has been a theme of my life’s work, and you’ll see it in dozens of podcast quotes I’ll provide Thursday. 35 data-backed approaches to customer retention.

Leadership 0

Leadership Customer Retention Company Strategy 0

ShepHyken

DECEMBER 9, 2022

The goal of omnichannel engagement is to provide a consistent experience for customers no matter how they choose to reach out. . A study by Aspect Software found that companies that adopt omnichannel strategies achieve 91% greater year-over-year customer retention rates compared to companies that don’t. .

Customer Journeys 123

Customer Journeys Brands Sales Contact Center 123

One Millimeter Mindset

SEPTEMBER 17, 2018

If we continue to keep our heads buried in the sand, assuming “someone else” is taking care of our customers because we are too busy, then we are not creating remarkable and enduring client experiences. The types of experiences which fuel customer success and customer retention.

Customer Experience 202

Customer Experience Customer Service B2C Customer Retention 202