ChurnZero

MARCH 18, 2022

With so many SaaS metrics floating around, and even more opinions on when and how to use them, it can be hard to know if you’re measuring what really matters. Leading SaaS expert, Dave Kellogg, and ChurnZero CEO, You Mon Tsang, sat down to answer all the questions you want to know about SaaS metrics like ARR, NRR, GRR, LTV, and CAC (i.e.,

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Metrics Course Customer Success NPS 98

Totango

OCTOBER 26, 2021

Net Promoter Score tells you how likely customers are to recommend you, but is that all you need to know for customer success? NPS scoring is good as far as it goes, but it only provides insight into one facet of your customers’ sentiment toward your brand. How Does NPS Scoring Work? Click to enlarge.

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NPS Customer Success Customer Journeys Net Promoter Score 62

ChurnZero

FEBRUARY 4, 2022

Customer Success Metrics that Your Investors and Board Care About. They care that you’re staffed appropriately to serve the needs of your customers, because ultimately that results in revenue. A huge part of how customer success collects intel and feedback from customers is by talking with them.

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Metrics Customer Success Engagement Effort Score 98

Retently

MAY 25, 2022

While many people think of Net Promoter Score® surveys as revolving around a simple 0 to 10 rating scale, the reality is that there are two sides to NPS® — the quantitative (the rating) and the qualitative side (the feedback). Your Customers Aren’t Used to Personalized Communication. Sounds familiar?

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NPS Net Promoter Score Feedback How To 145

ChurnZero

MARCH 24, 2023

The Customer Success industry is constantly evolving and developing new strategies for driving customer-led growth. 1: Is NPS a Customer Success metric? Stephanie Berner: My answer is unequivocally no— Net Promoter Score (NPS) should not be a CS metric. NPS is not the answer.

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Customer Success NPS Net Promoter Score Metrics 98

ChurnZero

MARCH 24, 2023

The Customer Success industry is constantly evolving and developing new strategies for driving customer-led growth. 1: Is NPS a Customer Success metric? Stephanie Berner: My answer is unequivocally no— Net Promoter Score (NPS) should not be a CS metric. NPS is not the answer.

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Customer Success NPS Net Promoter Score Metrics 97

Retently

MAY 21, 2024

Is your Net Promoter Score a reliable metric for judging what customers think of your business, or is it biased? This is a common question that can be particularly worrying for small businesses that maintain a close relationship with their customers and clients. Why does NPS matter to businesses?

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Net Promoter Score NPS Culture Survey 147

Kayako

OCTOBER 16, 2017

It should never be customer success vs customer service. They’ve been separated to showcase customer success as being this proactive, product-driven, revenue generating machine, and left the support department sitting around feeling like a reactive cost center. Example: increase net recurring revenue.

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Customer Success NPS Roadmap Customer Satisfaction 186

Gainsight

MARCH 26, 2024

As Customer Success enters its second decade, the industry has never been hotter. Organizations are seeing how the efforts of Customer Success professionals have a direct impact on a business’s bottom line. Gainsight helped her consolidate all the customer data into a quick and easy overview.

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Customer Success Metrics Touchpoint NPS 52

ClientSuccess

MARCH 20, 2019

Over the next month, I will be writing about the customer success metrics that top organizations use to measure the performance of their customer success strategies and team execution. The metrics I will cover are applicable to customer success departments and also to your entire company.

Metrics 61

Metrics Customer Success Measurement Net Promoter Score 61

Retently

JULY 17, 2018

To be honest, benchmarking NPS ® is a complicated process. To prove that let’s look at the Verizon NPS score , which is 32. United with an NPS score of 10, on the other hand, ranks as one of the worst companies in the Airlines. What is a good NPS score? What is a good NPS score?

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Net Promoter Score NPS Report Customer Satisfaction 167

ClientSuccess

DECEMBER 12, 2022

In today’s competitive customer success landscape, it is essential that CSMs are adequately and appropriately compensated for their work. Before I explain the benefits of a variable compensation plan, let me discuss the deficiencies of the first two models. Let me highlight one challenge by sharing an example.

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Customer Success Tips Management Sales 87

Lumoa

FEBRUARY 28, 2023

In this post, you’ll learn why customer feedback is integral to your business’s success. We’ll explain how to create a customer feedback strategy that collects customer feedback and creates a smart action plan that drives business results. Each of these should be incorporated into your customer feedback strategy.

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Feedback Strategy Net Promoter Score Effort Score 208

Totango

DECEMBER 7, 2023

Merging sales and customer success (CS) is a delicate art that is often challenging but necessary for driving business results and creating a frictionless customer journey. Our hypothesis is that NPS is going to improve for each vertical,” Hodges said. “We

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Sales NPS Customer Success Customer Journeys 92

ClientSuccess

SEPTEMBER 3, 2020

In this post, I’ll address the most frequent question I’m asked by customer success leaders—what is the best compensation plan for Customer Success Managers (CSMs)? Compensation Plans for Customer Success Managers (CSMs). Download Customer Success Compensation Models Image.

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Customer Success Management NPS Sales 111

SurveySparrow

MAY 6, 2020

You can track this using the NPS survey at customer touchpoints. Again, NPS is a metric that you can use to check this. Lack of customer support. NPS helps measure the effectiveness of the customer service team. NPS can help track its efficacy. There are many more reasons for customer churn.

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NPS Net Promoter Score How To Customer Journeys 72

Feedbackly

DECEMBER 2, 2022

Not to brag, but the many client testimonials and data prove it to be one of the most effective and versatile CX metrics available today. In this article, we explain why it was developed and how it resolves the drawbacks of other CX metrics. Limitations of other CX metrics. The shift from products to experiences.

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Net Promoter Score NPS Effort Score Metrics 98

ChurnZero

DECEMBER 2, 2021

12 Key Takeaways from ChurnZero’s BIG RYG Virtual Customer Success Conference. It’s a wrap on ChurnZero’s 2021 BIG RYG Virtual – our online Customer Success conference. An acronym for Red, Yellow and Green, RYG represents the common indicators of customer health. Then, back into the tech stack from there.”

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Conference Customer Success Leadership Sales 98

CustomerSuccessBox

APRIL 19, 2022

From marketing to customer support to even customer success. Most of the tools that businesses have been using these days generally provide analytics reporting to evaluate customer engagement trends for the touchpoints that are managed by that tool. Customer Experience Teams. Awareness & Acquisition.

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Customer Journeys Metrics Analytics Touchpoint 52

Experience Investigators by 360Connext

FEBRUARY 23, 2021

Interview customers about how your organization has lived up to the mission. Show how your customers benefit from the promise of your brand, and how that shows up in their journey. Explain success. What does it mean for your organization to succeed at customer experience? Ask your employees for examples.

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Communication Tips Customer Journeys Customer Experience 178

ChurnZero

OCTOBER 30, 2020

What’s Next For Customer Success? No one knows what the future holds (as 2020 has made abundantly clear) but that didn’t stop us from asking top SaaS CEOs what’s next for Customer Success. In-product onboarding also affords CSMs more time to focus on the work that makes the greatest customer impact and return on effort.

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Customer Success Net Promoter Score Effort Score NPS 93

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.

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Customer Success Effort Score Metrics Leadership 80

Kustomer

AUGUST 4, 2022

Customer service leaders have a lot of data to track and interpret, and a good customer satisfaction score is one of the important metrics to keep an eye on. But these satisfaction metrics aren’t just for evaluating the efficacy of support agents. What Are the Benefits of Monitoring Customer Satisfaction?

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Net Promoter Score Effort Score NPS Customer Satisfaction 89

Retently

MAY 2, 2023

Yet, if you’re looking for a quick and reliable source of relevant information, surveys remain the go-to choice for successful businesses looking to improve customer experience. The most widely used surveys to assess customer satisfaction levels are NPS , CSAT , and CES. What is NPS, CSAT, and CES?

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Customer Journeys Survey Effort Score NPS 146

Lumoa

JANUARY 7, 2021

Here are the five stages to think about when you’re mapping out your customer feedback strategy: Stage 1: Awareness Strictly speaking, a customer is someone who has already purchased your product, but we shouldn’t limit ourselves to asking only those people for feedback. Best survey: CSAT or NPS.

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Customer Journeys Touchpoint Measurement Survey 208

Gainsight

APRIL 2, 2021

I spoke with Kari Ardalan, Senior Manager of Customer Success Scaled Operations, who walked me through how her department succeeds. She was a field Customer Success manager with over ten years in CS. When Kari began there, the function of Ops was called “Customer Success Scaled Operations.”

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Customer Success Effort Score Sales System 52

Retently

JULY 28, 2023

Motivates the Frontline Employees When employees are happy and motivated, customers are satisfied. Defines and Implements CX Measurement and Reporting Standards If you’re unfamiliar with CX metrics, here’s a guide explaining everything you need to know. The most well-known and trusted CX metrics are NPS , CSAT , and CES.

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Chief Customer Officer Customer Centricity Call Center Metrics 142

ChurnZero

DECEMBER 4, 2020

This is the second installment of a two-part article that was adapted from one of our most popular sessions at BIG RYG (ChurnZero’s annual Customer Success conference). Get leadership to see Customer Success as a strategic partner by spreading its word. Customer Success is a relationship-driven function,” says Anna. “We

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Customer Success Leadership Communication Customers 59

Experience Investigators by 360Connext

MARCH 8, 2021

That’s a great way to introduce the idea and importance of customer experience. Educational topics for this first step in the learning path could include: Customer experience: the end-to-end journey between us and our customers. What customer experience success looks like at (BRAND). What are your top CX Metrics?

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Customer Journeys Customer Experience Culture Customer Centricity 271

ChurnZero

AUGUST 15, 2024

In this blog post, I’ll walk you through how AI tools like UpdateAI, along with others, can be used to enhance customer retention by identifying, investigating, and acting on key trends across accounts. Step 1: Define key metrics. For example, a drop in usage frequency among high-value customers warrants immediate attention.

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Customer Retention Management How To Trends 52

Gainsight

AUGUST 27, 2021

In the same way, having metrics backing decisions will give you the support you need to show that the decisions within your product roadmap are aligned with the goals of the company. Here are the most important KPIs for the performance of your product: Net Promoter Score (NPS). Retention is a critical metric in the modern SaaS world.

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Net Promoter Score Management NPS ROI 52

Amity

NOVEMBER 30, 2016

In my last post, I covered how you can’t f@&k around with hiring as a customer success leader at a fast growing start-up. While many in customer success are seeking an innovative approach to solve all of their problems, there are leadership basics that everyone needs to incorporate into their regular routines.

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Communication Customer Success Net Promoter Score Metrics 48

ChurnZero

FEBRUARY 26, 2021

Is your Customer Success team: Butting heads with Sales during onboarding. Getting bombarded by Marketing for unrestricted customer access. Put simply, Customer Success does a lot of things for a lot of people. ChurnZero vRYG panelists included: Sana Farooq , Director of Customer Success, FloQast.

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Customer Success Company Management Roadmap 59

Experience Investigators by 360Connext

JUNE 1, 2017

At the sixth Customer Experience Professionals Association (CXPA) Insight Exchange , I had the chance to learn and share with 350 of my fellow experience fanatics. “Customer Effort” should be a serious metric to consider. As the Employee NPS goes up or down, the customer NPS is sure to follow.

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Net Promoter Score Effort Score Innovation Culture 165

Gainsight

APRIL 18, 2022

For years now, Gainsight has been leading the campaign regarding the value of customer success and its return on investment. . Entire fields of industry are catching on, investing in the ideology and practice as a means of retaining and growing their customer base and capitalizing on the results. Importance of Language.

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Self Service Customer Success Metrics Return on Investment 52

Education Services Group

MARCH 23, 2022

How do you tie your team to a meaningful revenue metric if you don’t? This makes sense when you’re in the early stages of CS maturity because CSMs commonly get stuck in a general “duties as assigned” situation when Customer Success is new. If you own renewals or expansions, which revenue goals make the most sense for CSMs?

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Metrics Customer Success Sales NPS 52

Retently

DECEMBER 17, 2018

Disloyal customers are costing businesses billions. Former CEB Global’s research (now part of Gartner), explained that the level of effort consumers put into interacting with a brand has a direct impact on loyalty levels. for example). Here’s an example: “How much effort did it took to solve your problem?”

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Effort Score Measurement Net Promoter Score How To 98