ChurnZero

AUGUST 11, 2020

This is a guest blog post by Anita Toth, Chief Churn Crusher. . 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 shocking.

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Retention Strategy Underperforming Technical Team Software Review 97

Intercom, Inc.

MARCH 12, 2019

A little over a year ago, I got the opportunity to start a new team within our sales organization – a team of Relationship Managers dedicated to growing our current customers at scale. To do the first, we had to hire, train, and write a playbook – the building blocks of any team. Relentlessly measure impact.

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Sales Hiring Sales Recruiting Underperforming Technical Team Scale 171

Totango

MAY 21, 2019

So, instead of always seeking new customers, focus on keeping existing customers happy and preventing churn. Customers can churn for a variety of reasons, and it’s not always clear why they are leaving. The Most Common Causes of Customer Churn. To pinpoint why your customers may be churning, begin with data.

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Churn Underperforming Technical Team Systems Review Onboarding 86

Natalia Luneva

JANUARY 13, 2021

This article will answer the main questions that SaaS founders and market ers have about losing SaaS customers, in other words, user churn: What is SaaS churn definition and why lowering it matt ers? How to calculate this metric and what’s the average SaaS churn rate? How can Sa aS companies reduce its churn rate?

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SaaS Payments Payment Methods Churn Payment Services 105

User Pilot

MARCH 18, 2021

A successful customer retention strategy requires constant iteration and innovation to keep up with an ever-changing SaaS market environment. It’s also not like customer retention is the business of only one department. Why does retention management take so much time and effort? What We’ll Cover In Our Customer Retention Guide.

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Retention Strategy Underperforming Technical Team Technical Review 52

ProfitWell

NOVEMBER 1, 2019

But after working with hundreds of SaaS companies, I've realized that the same advice applies for your retention rate as well. Yes, churn is inevitable—every customer will abandon your product eventually. And, just like that yeti, churn is public enemy number one. Align team incentives around retention.

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Retention Strategy Underperforming Technical Team SaaS 56

Totango

NOVEMBER 23, 2021

How do you tell when it’s time to ditch your current system and invest in a CS upgrade? They can store customer contact data, identify sales opportunities, schedule sales appointments, record notes from sales meetings and manage sales teams. Here we’ll look at six of the most common signs you need a new CS tool.

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Software Underperforming Technical Team Churn Customer Success 92

User Pilot

JULY 27, 2023

They also manage finances and supervise one or more engineering teams. Product Marketing Manager: This person is tasked with developing product marketing campaigns , crafting compelling marketing messages, and coming up with ideas to retain customers. They also manage finances and supervise one or more engineering teams.

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Sales Hiring SaaS Payments Sales Recruiting CTO Hire 98

Chaotic Flow

AUGUST 18, 2015

SaaS businesses develop intimate, long term relationships with their SaaS customers. If they don’t keep their customers around for years, then all that capital invested in customer acquisition will have gone to waste. Churn Starts on Day One. It begins, because churn starts on day one. Onboard in Real Time.

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Customer Success Underperforming Technical Team Scale SaaS 138

OPEXEngine

AUGUST 31, 2021

And while the concept has been around for years, for most of that time, tech debt was primarily the concern of product and engineering teams. They’re also increasingly holding their teams accountable to manage it appropriately. To be clear, every company accumulates a certain amount of tech debt over time. Why tech debt matters.

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OPEXEngine

AUGUST 31, 2021

And while the concept has been around for years, for most of that time, tech debt was primarily the concern of product and engineering teams. They’re also increasingly holding their teams accountable to manage it appropriately. To be clear, every company accumulates a certain amount of tech debt over time. Why tech debt matters.

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Chart Mogul

JULY 8, 2020

Tired of the same ol’ “X proven ways to reduce customer churn”? SaaS companies dedicate a lot of time and money to the same goal — they want to give customers a reason to stay and reduce churn. But no matter what that personality is for your brand, it’s consistency that counts for reducing customer churn. Tweet this quote.

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Branding Churn Underperforming Technical Team Retention 52

Chart Mogul

DECEMBER 13, 2019

Getting a new customer on board is a happy time for every sales team, but it’s not quite the end of the road. Poor handoff practices also have a much broader impact than just making a few customers unhappy — they dramatically affect retention and your company’s bottom line. Click To Tweet. Set expectations from the start.

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Underperforming Technical Team Customer Success Outsourced Development Sales 80

Intercom, Inc.

OCTOBER 26, 2018

Many organizations create customer success teams but there’s no clear definition as to how these teams develop long-term value for both the customer and the business. Some sales teams consider a customer success manager as the post-sale counterpart of an account executive. The role of customer success teams.

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Sales Hiring Customer Success Scale Underperforming Technical Team 123

Chart Mogul

JULY 15, 2021

As teams grow, it gets harder to rally around key goals. We both noticed a similar pattern: alignment on key metrics breaks as headcount grows: More teams means more silos in processes and tools used to follow metrics. As you grow, complexity will increase and new departments, teams, initiatives will require focus on new goals.

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Underperforming Technical Team Revenue Scale Communication 52

Chart Mogul

JULY 15, 2021

As teams grow, it gets harder to rally around key goals. We both noticed a similar pattern: alignment on key metrics breaks as headcount grows: More teams means more silos in processes and tools used to follow metrics. As you grow, complexity will increase and new departments, teams, initiatives will require focus on new goals.

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Underperforming Technical Team Revenue Scale Communication 52

ChurnZero

FEBRUARY 21, 2022

Plus, feedback like this can help you develop and deliver better products in the future. With this sort of feedback, you and your team can plan future marketing strategies that address current advertising weaknesses and hopefully bring in new customers as well as maintain relationships with current customers.

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Underperforming Technical Team Branding Advertising Retention 98

User Pilot

MARCH 26, 2024

Akkio – the best digital analytics solution for churn prediction. The path analysis tool in Userpilot enables teams to analyze user behavior by observing the entire customer journey users take inside the product. Retention tables. You can create retention tables to monitor retention rates among users over time.

Artificial Intelligence 52

Artificial Intelligence SaaS Payments Payment Solutions Payment Services 52

User Pilot

MARCH 26, 2024

Akkio – the best digital analytics solution for churn prediction. The path analysis tool in Userpilot enables teams to analyze user behavior by observing the entire customer journey users take inside the product. Retention tables. You can create retention tables to monitor retention rates among users over time.

Artificial Intelligence 52

Artificial Intelligence SaaS Payments Payment Solutions Payment Services 52

User Pilot

MARCH 26, 2024

Akkio – the best digital analytics solution for churn prediction. The path analysis tool in Userpilot enables teams to analyze user behavior by observing the entire customer journey users take inside the product. Retention tables. You can create retention tables to monitor retention rates among users over time.

Artificial Intelligence 52

Artificial Intelligence SaaS Payments Payment Solutions Payment Services 52

User Pilot

MARCH 26, 2024

Akkio – the best digital analytics solution for churn prediction. The path analysis tool in Userpilot enables teams to analyze user behavior by observing the entire customer journey users take inside the product. Retention tables. You can create retention tables to monitor retention rates among users over time.

Artificial Intelligence 52

Artificial Intelligence SaaS Payments Payment Solutions Payment Services 52

User Pilot

MARCH 26, 2024

Akkio – the best digital analytics solution for churn prediction. The path analysis tool in Userpilot enables teams to analyze user behavior by observing the entire customer journey users take inside the product. Retention tables. You can create retention tables to monitor retention rates among users over time.

Artificial Intelligence 52

Artificial Intelligence SaaS Payments Payment Solutions Payment Services 52

CustomerSuccessBox

JUNE 13, 2022

Customer intelligence insights aid long-term customer development. Customer intelligence insights aid in the development of a stronger customer retention strategy and the satisfaction of customers. Customer intelligence insights aid in the development of a stronger customer retention strategy and the satisfaction of customers.

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Customer Success Artificial Intelligence AI Search Underperforming Technical Team 52

Casey Accidental

NOVEMBER 28, 2023

The Summit gathered ~40 CPOs and product leaders to chat through topics centered around product development and product-led growth. Most companies when they find product/market fit with their first product only have one acquisition and engagement loop that is successful, and the job of most of the team is to refine and scale those loops.

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Payments Scale Payment Methods Underperforming Technical Team 63

User Pilot

FEBRUARY 10, 2022

Product adoption occurs when users decide to invest in your product to achieve their goals. In-app self-service support via tools like resource centers boosts day 1 retention by making it faster and easier for users to activate and adopt your product. Product adoption is the complete opposite of customer churn.

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Customer Lifetime Value SaaS Underperforming Technical Team Software Review 98

Valuize Consulting

DECEMBER 7, 2021

In the subscription economy, there’s no debate about whether or not to invest in Customer Success (CS); 70% of rapidly growing businesses say that Customer Success is extremely important ( Hubspot , 2017). When it comes to budget, organizations often haven’t established where the investment is coming from to fund the CS team.

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VP of Engineering Customer Success Sales Hiring Interviewing 98

Chart Mogul

DECEMBER 13, 2019

Getting a new customer on board is a happy time for every sales team, but it’s not quite the end of the road. Poor handoff practices also have a much broader impact than just making a few customers unhappy — they dramatically affect retention and your company’s bottom line. Tweet this quote. Set expectations from the start.

Underperforming Technical Team 52

Underperforming Technical Team Customer Success Outsourced Development Sales 52

FastSpring

JANUARY 26, 2024

But the support team are responsible for first response times, for things like NPS, whereas what we’re responsible for is, ultimately, outcomes.” Product teams can better improve and develop products when customer success has helped identify what customers need. I had poison ivy really bad.

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SaaSOptics

MAY 19, 2022

Keeping your customer acquisition costs low ensures that you’ll have greater profit margins, which can then be re-invested into your business and employees. Below, we’ll dive into how to develop a customer acquisition strategy from start to finish. . How to Develop a Customer Acquisition Strategy.

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Acquisition Scale Strategy Software Review 59

CustomerSuccessBox

APRIL 19, 2022

In this hyper-competitive SaaS world, businesses that have enhanced customer experience make it to the top 10% of the SaaS businesses that are able to achieve 125%+ MRR(Monthly Retention Rate). Customer journey analytics gives teams a real-time comprehensive sight into customer behavior providing valuable insight into the journey.

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Scale Metrics Underperforming Technical Team Customer Lifetime Value 52

OpenView Labs

MARCH 24, 2021

For either one, the bottom line is that the cost of a bad hire is significant. I’ve talked a lot about the hidden costs of a bad sales hire. Develop a bulletproof hiring process that celebrates candidate experience. Spend time with your team and buyers to understand their needs and potential blindspots.

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Sales Hiring Underperforming Technical Team Company Culture Interviewing 56

Valuize Consulting

APRIL 8, 2022

As a revenue leader, are you empowering and incentivizing all of your customer-facing teams to drive maximum NDR in your organization? Driving Net Dollar Retention (NDR) cannot be the sole responsibility of your Sales, Customer Success or Renewals department alone. Best Practice 2: Invest In A Separate Renewals Function.

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Innovation Underperforming Technical Team Outsourced Development Compensation 52

Frontegg

AUGUST 19, 2021

Users don’t want to write emails or engage with support teams anymore. As mentioned earlier, self-served SaaS applications are an accurate description of instant gratification, both for the developers and also for the end-user. There’s no two ways about it. Instant gratification is now a mandatory aspect of SaaS application usage.

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SaaS Payments Payment Services Payment Solutions Underperforming Technical Team 98

ChurnZero

JUNE 12, 2020

Today, you’d be hard-pressed to find a high-velocity Sales, Marketing, or Product team without a designated operations function. Beloved by their tactical peers, operations brings needed order and logic to busy, results-oriented teams. Poor strategy, organization, and execution hurt your productivity and therefore your scalability.

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Customer Success Scale Underperforming Technical Team Sales Hiring 80

Intercom, Inc.

NOVEMBER 21, 2019

One of our mantras here at Intercom is that customer retention is the new conversion. In an era when more and more businesses adopt a subscription model, strong customer retention is the key to sustainable long-term growth and requires a laser-like focus. . The ultimate goal is retention, not activation.

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Retention Scale Marketing Underperforming Technical Team 34

OPEXEngine

OCTOBER 5, 2021

Over the past decade, software has created tremendous value for investors and businesses, thanks largely to its transformative effect on the economy , its role in developing new cloud-based business models, and its ability to increase efficiency in operations. Boost consumption through investments in customer success.

Software Review 52

Software Review DevOps as a Service Software Underperforming Technical Team 52

Intercom, Inc.

SEPTEMBER 9, 2022

While it’s likely that more realistic claims close fewer accounts, it pays off in customer retention. ML teams tend to invest a fair share of resources in research that never ships. People have invested a lot in making them scale, and you can run them much bigger. Has this got to do with any particular chain of events?

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Artificial Intelligence Machine Learning AI Search AI 249