Totango

JUNE 30, 2020

Communication during a crisis is about protecting your core asset, your customers. The digital transformation of business has shifted enterprise focus toward customer retention and the pursuit of long-term value. Retaining those customers will require efficient, high-value communication between you and your customers.

Communication 126

Communication Strategy Customer Lifetime Value Systems Review 126

User Pilot

APRIL 18, 2023

In SaaS, customer success is needed to ensure that your customers achieve their desired outcomes with your product and become loyal advocates for your brand. But how do you create a customer success strategy that works? And what are some of the best practices and examples across the customer journey?

Customer Success 95

Customer Success Strategy Customer Lifetime Value SaaS 95

User Pilot

MAY 5, 2023

Without a clear customer success workflow, your output can easily become chaotic. Since customer success is a relatively new career, CSMs tend to take on tasks from sales, support, and product marketing—which is often more than they can handle. What is a customer success workflow?

Customer Success 79

Customer Success SaaS Customer Lifetime Value Churn 79

ChurnZero

JUNE 9, 2023

However, that’s not always the case for Customer Success (CS) teams even though they are often responsible for renewals and expansions. So said Randy Wootton , chief executive officer at Maxio and Alli Tiscornia , chief customer officer at ChurnZero in our webinar, “ Finance & CS: Charting a path to profitability.”

Finance 98

Finance Metrics Customer Success Headcount 98

SaaStr

FEBRUARY 19, 2019

The promise at the heart of the SaaS business model has always been that by sacrificing relatively large one-time payments, you’d maximize revenue over the long-term lifetime of the customer. In four letters, the promise of the SaaS model is CLTV (Customer Lifetime Value). The Customer Success Paradox.

Customer Success 139

Customer Success Payment Solutions SaaS Payments Scale 139

Totango

FEBRUARY 21, 2020

As the digitization of the marketplace reaches near-saturation, organizations will compete for customers based on value derived—and this will be driven by customer success. Customer success and retention have therefore become critical to achieving maximum customer lifetime value.

Customer Success 83

Customer Success Trends Scale Customer Lifetime Value 83

User Pilot

JUNE 22, 2023

The differences between a high-touch vs low-touch user engagement model may not seem that important but finding the right approach can actually make your customer success managers a lot more effective. This 1-on-1 assistance with actual humans can drastically reduce the time to value. What is a high-touch engagement model?

Customer Success 78

Customer Success Engagement Scale Management 78

Totango

FEBRUARY 11, 2020

It is the process of continuing to derive ever-more value from your products and services. This experience of value is critical to the health of your customer relationship, so you need a customer success adoption plan. Adoption : The customer gets more and more value from the product.

Customer Success 117

Customer Success Customer Lifetime Value Scale Enterprise 117

ChurnZero

JANUARY 25, 2024

How will customer success jobs, and the skills they require, evolve in 2024? With technology advancing and customer expectations rising, customer success has become an essential force driving business growth and customer loyalty within the SaaS industry.

Customer Success 52

Customer Success Sales Recruiting Sales Hiring Scale 52

Totango

JULY 19, 2021

And in this customer-centered economy, your customer success (CS) team is invaluable. The team’s goal is to retain your hard-won customers and help them grow by deepening the customer relationship and ensuring they are realizing value with your product every step of the way. Churn Reduction.

Customer Success 123

Customer Success Sales Recruiting Compensation Scale 123

Totango

MAY 7, 2024

You might set the following responsibilities: This model encourages two-way communication between CSMs and AEs and visibility for team leaders. If CS doesn’t have commercial conversations with healthy customers, they’re not setting Sales up to re-enter the conversation and potentially upsell. Use your words Talk to each other!

Strategy 97

Strategy Sales Customer Lifetime Value Retention 97

Totango

JANUARY 29, 2021

When your product directly helps your customers achieve their goals, your brand wins their loyalty. Playbooks for customer success managers help drive processes that promote winning client outcomes. What Is a Customer Success Playbook? Why Do You Need Playbooks for Customer Success?

Customer Success 80

Customer Success Customer Lifetime Value Software Review Systems Review 80

User Pilot

APRIL 24, 2024

Effective renewal strategies enhance customer retention , drive revenue , and build a loyal base for long-term SaaS success. Renewal management varies by company size but usually the customer success team handles this vital process. This can drive revenue and enhance overall satisfaction and customer success.

SaaS Payments 86

SaaS Payments Retention Payment Services Payment Solutions 86

User Pilot

NOVEMBER 29, 2023

Also known as customer retention specialists, they are typically a part of the customer success or sales team. There are 4 main responsibilities that every retention specialist job description should have: Gathering information from customer feedback and complaints and working to resolve them.

Retention 96

Retention Customer Lifetime Value Churn Outsourced Development 96

CustomerSuccessBox

MARCH 4, 2022

Congratulations on being promoted to the VP-Customer Success ! Especially, in the field of Customer Success. That’s understandable; you’re probably your company’s first Customer Success executive, and this is your first time in the position. VP-Customer Success Job Description (Sample).

Customer Success 52

Customer Success Scale Customer Lifetime Value Interviewing 52

User Pilot

APRIL 30, 2024

The approach makes your company more customer-centric , improves customer satisfaction and retention , and gives you a competitive edge. A robust customer success strategy enables customers to get the most out of the product. For example, personalized onboarding reduces time to value. How do they do it?

Strategy 98

Strategy SaaS Customer Lifetime Value Education 98

Totango

JULY 25, 2019

What’s better for your business to focus on: customer success or sales? Customer success is the practice of cultivating deep and lasting relationships with your customers, which can unlock lasting customer lifetime value for your business. It all starts with sales. But what happens next?

Customer Success 80

Customer Success Customer Lifetime Value Sales Sales Funnel 80

Subscription Flow

NOVEMBER 20, 2023

This helps avoid any unnecessary churn and engages the customers. Businesses can also use this time to send customer surveys and gain qualitative data about the customer experience. It is calculated as a percentage of (Number of Customers Lost During a Period divided by the Number of Total People at the Start of a Period).

SaaS Payments 59

SaaS Payments Customer Success Payment Services Payment Solutions 59

Totango

APRIL 8, 2020

This focus on continually finding new ways to deliver customer value is at the heart of customer success. It shifts the goal from happy customers to successful customers. Customer Success vs Customer Experience. Customer success and customer experience are inescapably tied.

Customer Success 106

Customer Success Customer Lifetime Value Scale Onboarding 106

User Pilot

APRIL 16, 2024

TL;DR A product experience strategy is a set of tactics focused on enhancing user interaction with the product to improve satisfaction, retention , and value. Use analytics to monitor feature usage, spot behavior patterns , and identify what contributes to customer success. Tracking behavioral data with Userpilot.

Strategy 91

Strategy Customer Lifetime Value Onboarding User Experience 91

ChurnZero

JANUARY 6, 2022

Customer Success represents a large source of revenue-generation for SaaS businesses. Though Customer Success was originally regarded as a post-sale cost center, you can flip its narrative with the right metrics, positioning, and forecasting strategy. Choose Metrics that Emphasize Your Value. But Customer Success?

Forecasting 98

Forecasting Customer Success Metrics Sales Funnel 98

Totango

AUGUST 14, 2020

In customer success, your customers define their own victories. No one-size-fits-all finish line exists that clients must strive to cross, and there is no Harvard Business School concept of accomplishment you can award your customer before resting on well-earned laurels. Creating Better Customers, by Definition.

Customer Success 76

Customer Success Customer Lifetime Value Software Review Enterprise 76

CustomerSuccessBox

MARCH 15, 2022

So let’s deep dive into Customer Success, Customer support and Account management. What is customer success? The initiative was taken by the business to assist the clients or the customers to effectively use its products and plan the business operations to be empowering and successful.

Customer Support 52

Customer Support Customer Success Customer Lifetime Value Management 52

Totango

AUGUST 18, 2020

The same theory applies to good customer success. Your engagements should be driving value , period. That knowledge gives you the power to settle the low-touch vs. high-touch debate in favor of whichever method better leverages your resources toward generating growth for your customer and yourself.

Customer Success 64

Customer Success Scale Customer Lifetime Value Engagement 64

Valuize Consulting

JANUARY 18, 2022

Marketing & Customer Success: Two Sides Of The Same Coin. Within this chasm, a sibling rivalry of sorts exists between Marketing and Customer Success, between the marketing of a prospect and the marketing of a customer, and even between Marketing and Retention Marketing.

Customer Success 52

Customer Success Scale Marketing Customer Lifetime Value 52

CustomerSuccessBox

MAY 9, 2022

A Customer Success dashboard keeps track of your company’s health in connection to your product and its users. Customers are the lifeblood of any company, therefore having a clear picture of its revenue activities is critical for expansion. 360 Customer Success Dashboard. Voice of Customer.

Customer Success 52

Customer Success Sales Recruiting Outsourced Development Customer Lifetime Value 52

Totango

SEPTEMBER 29, 2020

Customer lifetime value (CLV) is a glimpse into your enterprise’s future. It is the sum of the profit you make from your customers over time, rather than any single sales event, and it is the most accurate method of anticipating revenue in a customer-centric, Software-as-a-Service (SaaS) environment.

Customer Lifetime Value 104

Customer Lifetime Value SaaS Enterprise Customer Success 104

ChurnZero

JULY 7, 2020

Because customer retention is tightly correlated with customer satisfaction and customer service. As such, Customer Success and Support teams need to work together closely to keep customers happy and coming back for more. The Difference Between Customer Support and Customer Success Teams.

Customer Support 90

Customer Support Customer Success Retention Customer Lifetime Value 90

Totango

FEBRUARY 11, 2020

It is the process of continuing to derive ever-more value from your products and services. This experience of value is critical to the health of your customer relationship, so you need a customer success adoption plan. Adoption : The customer gets more and more value from the product.

Customer Success 62

Customer Success Customer Lifetime Value Scale Enterprise 62

Totango

DECEMBER 3, 2019

Customer Success Managers (CSMs) work hard to provide the best customer experience possible by prioritizing customer needs and helping them throughout the customer journey. They monitor the customer experience and their achievement of value. What Do Customer Success Managers Do?

Customer Success 71

Customer Success Management Systems Review Scale 71

Totango

JANUARY 30, 2020

Customer success and account management share common goals: Building customer loyalty and driving growth. Still, considering customer success vs account management reveals some insight into the contributions of both roles. Customer Success vs Account Management: How are They Different?

Customer Success 71

Customer Success Management Scale Customer Lifetime Value 71

Valuize Consulting

JUNE 9, 2022

If you’re a CCO or CRO at a B2B technology company, ask yourself these 3 critical questions: Is your existing Customer Success management team struggling to keep up with your customer’s needs and your business goals? Is collecting, analyzing and acting on critical customer data a challenge in your organization?

Sales Hiring 52

Sales Hiring Customer Success Scale Leadership 52

Totango

SEPTEMBER 25, 2020

In today’s digital landscape, the constant evolution of technology continually changes the way we communicate and do business with each other. This especially extends to the world of customer success and retention. How are today’s CS platforms providing this customer success at scale? Automated Communication.

Scale 57

Scale Customer Success Scaling Technical Review 57

CustomerSuccessBox

NOVEMBER 2, 2021

A seamless handoff from sales to customer success to implementation is necessary to deliver the promised early value. This is crucial to make your customer’s experience easier. CS professionals must have felt the grunt of a bad transition from Sales to Customer Success. Customer Retention. Onboarding.

Customer Success 52

Customer Success Technical Advisors Sales Technical Review 52

CustomerSuccessBox

FEBRUARY 7, 2022

And it calls for customer success software which is a higher version of customer relationship management software – CRM, that is curated to gauge specific goals of driving success, and especially to cater to SaaS businesses. Brief on customer success management software. Sales Activities.

Software Review 52

Software Review Customer Success Software Management 52

User Pilot

DECEMBER 19, 2023

TL;DR As the name suggests, SaaS account management is the process of managing customer relationships. Strategic account management increases customer lifetime value , drives up referrals and revenue, and reduces customer churn. With all this information, you can now cater to the customer’s specific needs.

SaaS Payments 85

SaaS Payments Management Customer Lifetime Value SaaS 85

Totango

JANUARY 22, 2019

With this focus on recurring revenue, your goal becomes increasing the lifetime value of your customer relations. It requires you to use SaaS customer success best practices centered around mutual growth, a deep understanding of customer behavior, and constant monitoring of your customer’s journey.

Customer Success 72

Customer Success Customer Lifetime Value SaaS Growth Hacking 72