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Dear SaaStr: What Should I Know As a First-Time CustomerSuccess Manager? Customers will look to you as the expert, and your ability to guide them will directly impact their satisfaction and retention. Focus on Metrics : CustomerSuccess is all about the numbers. These metrics are your report card.
Dear SaaStr: What Is the Playbook for a SuccessfulCustomerSuccess Team? A good playbook for customersuccess is all about driving retention, expansion, and customer happiness while making it scalable: Hire Truly Product-Savvy CustomerSuccess Managers at First Focus on hiring people who customer-focused product nerds to start.
Dear SaaStr: What “Quotas” Should My VP of CustomerSuccess and VP of Product Have? For a VP of CustomerSuccess (VPCS), their “quota” or ownership should revolve around two key metrics: Net Revenue Retention (NRR) and Gross Retention Rate (GRR). Without them, youre flying blind.
Nick Mehta, CEO of CustomerSuccess leader Gainsight, recently did a short post above on his Top 7 takeaways talking with customersuccess leader for the first time in-person in a long time. Many have NRR as a top-level company metric. I love having NRR be the #1 metric for CustomerSuccess.
With outcomes and metrics that align directly, find out why customersuccess should be the foundation of a customer marketing strategy. CustomerSuccess teams actively track KPIs and metrics that directly align with customer marketing outcomes.
Getting customersuccess right is one of the most powerful levers in SaaS: Upsell + expansion with existing customers costs 62% less than acquiring new customers ($0.63 new customer CAC, per KeyBanc 2021 Private SaaS Company Survey ). upsell + expansion CAC vs $1.67 Video: Intriguing Session Slides: .
So don’t get me wrong — NRR is a Top 3 Metric for any SaaS company. Especially after interviewing 50+ customersuccess managers over the past few years. Or logo retention as a metric can work as well, especially in B2D and other models that grow a lot over the year on their own. And high NRR is a gift.
Turn Your Customers Into Your Marketing Engine The second breakthrough was making customersuccess the core growth engine. The KPI Alignment System Have customers email explicit performance expectations Build custom reporting dashboards Weekly cross-team optimization meetings Formal performance reviews 2.
How do you leverage your customersuccess team to drive revenue growth? Hook’s Head of Customer, Natasha Evans, took the stage at SaaStr Europa to discuss the three things leaders should focus on to fuel revenue growth. Historically, customersuccess teams have been pretty data-poor.
So I think 2023 may mark The End of CustomerSuccess as We Knew It. The Massive Push to Efficiency As almost every public SaaS company got cash-flow positive and radically more efficient, and most startups had to stretch their dollars much further — customersuccess took a lot of the brunt. What happened? Just This Week.
The Top 10 CustomerSuccessMetrics Investors Care About in 2025 with Gainsight CEO Nick Mehta #4. How to Build a World-Class CustomerSuccess Org: Lessons from Notion’s CRO and GitHub’s VP of CS #5. How To Perfectly Pitch Your Seed Stage Startup With Y Combinator’s Michael Seibel #2.
Workato’s SVP of Embedded Sales and Director of Solutions Marketing joined us at SaaStr Annual to talk about how to nurture customers — a great topic in general, but especially for embedded sales and APIs that can take a while to scale. CustomerSuccess. Time-to-value is your most critical early metric.
Key points about SaaStr Annual : Focus on SaaS: Primarily focused on all aspects of SaaS business including sales, marketing, product development, and customersuccess. The event is known for its focused content on SaaS growth strategies, metrics, and best practices, making it particularly valuable for B2B SaaS companies.
It created a lot of discussions and was more controversial then — that NPS was a great core metric. And most segment it across customer size or other segments. Back then, I wrote that when I was a SaaS founder, I thought Net Promoter Score (“NPS”) was a somewhat dumb, Big Company metric. Who’s right?
Moving from Churn to NRR as the Core Retention Metric. NPS is now the #1 metric at HubSpot — for all employees. We’ve talked about this so many times over the years, that the real power of NPS is that it’s the one metric every employee in every functional area can impact. NPS is A Great Core Metric. #3.
The landscape of customersuccess has been evolving rapidly. So much so that we seem to be releasing new content on customersuccess just about every week. Today we’re focusing on actionable insights you can use to drive down churn with customersuccess in today’s new era of SaaS efficiency.
Let’s review everything your customersuccess team has to do in the absence of any customersuccess tools. Collect customer data to calculate complex formulas for tracking metrics, monitor customer health scores, and resolve support tickets while continuously trying to improve retention and expansion.
A related post here: The 1 Simple Test to Know if You’ve Actually Hired a Real VP of Product or CustomerSuccess … Or Not (note: an updated SaaStr Classic post) The post The 30-Day Test: How to Know if Your VP of Sales Will Succeed appeared first on SaaStr.
For a paid pilot, especially with a big expansion opportunity, you need to be laser-focused on setting clear goals and successmetrics that align with the customers pain points and desired outcomes. Set Measurable Metrics Define 2-3 key metrics that will determine success. Does that resonate with your team?
Is it the end of an era for customersuccess in SaaS? We just wrote up how some of the biggest changes of SaaS are now coming, specifically in CustomerSuccess and Sales. CustomerSuccess Is Vulnerable to Cuts Jason shared that he didn’t realize how vulnerable customersuccess was to cuts until 2023.
If you are a SaaStr reader, you’ll know how passionate I am about CustomerSuccess, since Day 1. What it all means is that if you do it right, you’ll make 6x or more the revenue from your customers after the sale itself. For not just your customersuccess team, but yourself as well. Word-of-Mouth.
Customersuccess – every business wants to invest in it but only a few know what it actually entails or how to do it well. There are a lot of words that get thrown around with customersuccess: problems to be solved, implementation, product experts, expansion, strategic partners, technical advisors, proactive versus reactive.
Dave Kellogg, EIR at Balderton Capital and 25-year C-level veteran, shares the top 14 signs that you have a SaaS metrics problem, the five reasons those symptoms exist, and a SaaS metrics maturity model with five layers to help you move the needle at every stage. The 15 Types of Misuse and Abuse of SaaS Metrics #1: Bludgeoning.
No excuses, folks 😉 Focus on sustainable growth over vanity metrics if you’re … at the median. Choose your funding strategy based on your market timing and competitive dynamics, not vanity metrics. The takeaway : Understand where you are in the company lifecycle and optimize for the right metrics at the right time.
Post-Sale Handoff : The transition to customersuccess will be streamlined as AI teammates transfer complete relationship histories without knowledge gaps. And to an AI+Human CustomerSuccess team. The AI side will already know the customer cold the moment they are handed over.
The definition of success will vary from business to business, from customer to customer. That said, customersuccess is evolving, and the importance of customersuccess continues to grow. Embed customersuccess into the core of your business. Offer enhanced value.
CustomerSuccess isn’t just for established leaders; it also helps growth-stage companies compound their growth through retention, upsell and expansion. ChurnZero Chief Customer Officer Alli Tiscornia explains why earlier is better, and how to build a CS team that scales for the future. When should you start customersuccess?
In a recent conversation at SaaStr Annual + AI Summit 2025 , Arvind shared the tactical playbook behind Rubrik’s scale, revealing counterintuitive strategies for product development, customersuccess, and AI adoption that challenge conventional SaaS wisdom. If they didn’t, then it doesn’t matter.
If this is your first SaaS company, you may not have ever hired or built a CustomerSuccess team. If you hire a great, experienced Client Success leader as your first hire here, and you like him/her, and the experience is on point — my guess is you’ll be fine. If not, are you sure your have this right? Measure both.
Even with late stage VC capital much harder to get now, and the IPO markets still frozen, I see many folks on my LinkedIn feed saying Sales and CustomerSuccess are underpaid. Well, for most of time, about 10% of the “profit” on a deal has done to sales, and about 5% of renewals have gone to customersuccess.
If this is your first SaaS company, you may not have ever hired or built a CustomerSuccess team. If you hire a great, experienced Client Success leader as your first hire here, and you like him/her, and the experience is on point — my guess is you’ll be fine. If not, are you sure your have this right? Measure both.
Naturally, their first customer was DoorDash and the quickly captured 95% of the gig economy market in their early days. When Lindsey joined, she inherited an already built-out self-serve/PLG model for small businesses and a mid-market and enterprise sales, customersuccess, and post-sales team.
The Top 10 CustomerSuccessMetrics Investors Care About in 2025 with Gainsight CEO Nick Mehta #5. The Future of AI in B2B SaaS: Insights from Synthesia and Theory Ventures. #3. Why Im Scared to Buy New SaaS Apps Now with SaaStr CEO and Founder Jason Lemkin #4.
ChurnZero: 38% More CustomerSuccess Departments Are Reporting to the CRO. 5 Metrics that Matter When Raising Your SaaS Series A and Series B with Christoph Janz of Point 9 The post The Top SaaStr Content of the Week: CEO Klaviyo, CRO Slice, CRO Rippling, HyperFunctional SaaS, and So Much More!! FBOW. | #3.
If youve come up in your career through sales, you’re used to living in a world defined by revenue metrics. Customersuccess, when tied to revenue outcomes, is a strategic growth lever. Why it matters : NRR is the single most important metric for SaaS companies, especially in the eyes of investors and acquirers.
Rep Performance : Dive into individual and team performance metrics. Metrics like time spent in each stage and reasons for lost deals can provide clarity. Churn and Expansion : For existing customers, analyze churn rates, upsell/cross-sell performance, and NRR (Net Revenue Retention). Are you losing deals at a specific stage?
Procore has developed several systematic approaches: Vision Planning Process : Their three-year vision planning involves creating multiple possible futures and gathering extensive customer feedback to choose the right path. This isn’t just about features it’s about understanding where the construction industry is heading.
Despite all the sales enablement tools, CRM sophistication, and “sales productivity” solutions we’ve built over the past 20 years, we haven’t moved the needle on the two metrics that matter most: time with customers and account coverage. Because we’ve been fighting symptoms, not the disease. The result?
Celebrations are shifting from contract signatures to consumption metrics – Their team is evolving beyond celebrating closed deals to automated alerts for customer usage milestones, fundamentally changing what success looks like. “Too many metrics meant no clear priorities.”
The Five Metrics to Help Increase Your Value. # Yet because of this decision to focus on growth instead of profitability, they achieved one of the highest revenue growth metrics at the time of IPO of any software company. It typically includes things like cloud computing costs, professional services, customersuccess, and licensing. #3
In this episode, Snow shares the journey to realizing the strength of revenue alignment through sales, marketing, and customersuccess and the principles for implementing this structure to yield tremendous results. This structure drove the company to a $2.5 billion-dollar acquisition by Bill within five years.
Companies with strong AI adoption across their GTM organizations are outperforming peers on virtually every metric: higher quota attainment (61% vs 56%), shorter sales cycles (20 vs 25 weeks), lower cost per opportunity ($8.3K vs $8.7K), and dramatically leaner operations. This isn’t about sprinkling ChatGPT into your sales process.
Check out this 2018 Europa session with Guillaume Princen, Head of France and Southern Europe @ Stripe, where he talks about the metrics you need to be focused on in your startup. If you don’t have the time to watch the whole session, here are the main metrics you should be mindful of. It’s basically lost customers.
Data Governance Needs to Start on Day One Palmer emphasized that data governance isn’t just about compliance – it’s about building a sustainable AI advantage: Own your data story : Even if you’re using third-party APIs, start collecting and organizing your data immediately Build responsible AI practices : Implement clear policies (..)
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