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Measuring ROI of Customer Centricity-Changes in Customer Value

CCO Council

In my previous post I described the historical retrospective approach whereby incremental per-customer or per–segment revenue gains are correlated with increasing loyalty and engagement. Expected change in customer value is another valuable means of demonstrating ROI.

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The User Adoption Metrics That Matter for Your Customer Success Team

Totango

It follows then, that your adoption metrics should reflect this deeper goal and generate insight into customer engagement. The adoption phase is the first time your customers start seeing the value of your product and getting returns in the form of improved ROI. Is the customer getting value from the product?

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Customer Success and Upsells: How to Make the Most of Opportunities

Totango

Continually monitor customer health. Proactively engage customers with personalized campaigns. Such careful attention to the customer and a positive customer relationship will make this process simple and natural. You might employ campaign themes around: Company Growth: We noticed you’ve expanded your team.

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The True Cost of Losing a Customer

BlueOcean

It’s worth mentioning that many customer relationships can be saved even after a bad experience with the actual product or service, particularly if they choose to contact a customer service rep. Calculating Lifetime Customer Value. The Cost of Customer Retention vs Acquisition.

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What Is the Customer Life Value & Why Your Call Center Should Focus On It!

NobelBiz

Customer lifetime value is a metric used in business to assess how much money a company can expect to generate from a client over the duration of their whole interactions or “lifetime”. The lifetime value of a client, however, is a number that can be calculated with ease with the right method.

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What Is the Customer Life Value & Why Your Call Center Should Focus On It!

NobelBiz

Customer lifetime value is a metric used in business to assess how much money a company can expect to generate from a client over the duration of their whole interactions or “lifetime”. The lifetime value of a client, however, is a number that can be calculated with ease with the right method.

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Customer Experience vs Customer Success: What’s the Difference?

Totango

It is as easy to confuse customer experience with customer success as it is to confuse the journey with the destination. The key difference is the attitude of the company providing both the product and the product experience. In customer experience terms, you want to make onboarding intuitive and logical.