ECXO

DECEMBER 4, 2024

Transactional Business Models SaaS companies operate on a subscription-based model, where the focus is on the long-term retention of customers. The customer success area plays a significant role in reducing churn rates by ensuring continuous customer satisfaction and product usage.

Customer Success 156

Customer Success Strategy e-support Customer Satisfaction 156

Experience Investigators by 360Connext

JANUARY 7, 2025

Your CX strategy should reflect where your organization currently stands with its customer experience and define a clear vision for where you can go next. A well-defined CX strategy can help you drive tangible business outcomes: Greater customer retention, a stronger brand reputation, and faster revenue generation.

Customer Journeys 143

Customer Journeys Strategy Customer Experience Touchpoint 143

Retently

MAY 26, 2023

If you’re part of a brand management or customer success consultancy, Net Promoter Score® could be the all-in-one customer satisfaction metric you’ve been looking for. Designed to accurately assess customer sentiment, Net Promoter Score has several benefits that other customer satisfaction metrics don’t.

Net Promoter Score 133

Net Promoter Score Consulting NPS Customer Success 133

Experience Investigators by 360Connext

NOVEMBER 20, 2014

Customer retention is paramount in keeping a SaaS company afloat, particularly as a company matures. While customer acquisition and lead conversion are integral parts of growing a SaaS business, with time, retention and renewals gain equal and eventually greater importance. The Power of Association.

Customer Experience 302

Customer Experience Chief Customer Officer B2B Conference 302

Thematic

SEPTEMBER 12, 2021

doesn’t matter how many letters you throw out there or how many customer experience (CX) scores you get. If you don’t know what’s driving your CX metrics, it’s hard to replicate success, let alone find ways to improve. Through comments in customer feedback surveys, social media conversations, call center dialogue, etc.,

Metrics 117

Metrics Analytics Feedback Effort Score 117

Calabrio

MARCH 5, 2025

Capture real-time feedback Artificial intelligence (AI) and automation are on top of the business investment agendas for streamlining service operations, including at contact centers , as noted by DMG Consulting. Successful voice of customer programs set up a system for ongoing monitoring and analysis of their needs and sentiments.

Contact Center 100

Contact Center Omni-Channel First Call Resolution Net Promoter Score 100

Totango

FEBRUARY 9, 2022

An automated renewal approach involves taking steps before renewal, such as checking customer satisfaction metrics to identify customers at risk of churn and proactively reaching out to these customers to develop a remediation plan. Automated procedures also may be set up to reach out to customers who fail to renew.

Customer Retention 100

Customer Retention Tools Software Financial 100

ChurnZero

FEBRUARY 14, 2023

Some Customer Success metrics are considered standard but there’s often more than meets the eye. Sales and marketing professionals that geek out on metrics can find themselves in deep philosophical debates about the best numbers to track. There is often more than one way to calculate a given Customer Success metric; Gaming.

Metrics 94

Metrics Customer Success Net Promoter Score Company 94

ChurnZero

FEBRUARY 4, 2022

Customer Success Metrics that Your Investors and Board Care About. Kristen Hayer, Founder and CEO of The Success League , has witnessed this communication friction from both sides through her past experience as a customer success leader and through her current work running a customer success consultancy.

Metrics 98

Metrics Customer Success Engagement Effort Score 98

InMoment XI

AUGUST 9, 2024

It might be because organizations that focus on the customer experience are 60% more profitable than those that don’t, or it might be because you are interested in improving customer retention, satisfaction, or lifetime value. The metrics you choose will depend on what your customer experience goals are.

Customer Experience 221

Customer Experience Customer Journeys Effort Score Net Promoter Score 221

CSM Magazine

NOVEMBER 5, 2024

The platform integrates various customer service touchpoints, helping companies build lasting relationships with their customers. In today’s competitive environment, businesses that prioritize effective customer service see stronger customer retention and loyalty.

Customer Service 52

Customer Service Management Omni-Channel Virtual Agent 52

Education Services Group

APRIL 13, 2020

Up to two additional hours of Digital Customer Success consulting. Incorporating digital into your Customer Success strategy is a tremendously impactful and cost-effective way to improve the connection with customers. We know the challenges that Customer Success leaders face, and we’re here to be part of the solution.

Consulting 89

Consulting Customer Success Strategy Chief Customer Officer 89

Calabrio

JUNE 1, 2017

While many brands are prioritizing the customer experience, our newly-released study identifies a disconnect between goals and execution. Recently, we surveyed more than 800 marketing and customer experience leaders from the US and the UK in partnership with global research consultancy, Morar.

Brands 162

Brands Customer Experience Chief Customer Officer Contact Center 162

TechSee

JUNE 16, 2022

Paul is a Transformational, hands-on, customer service department leader with extensive experience using performance metrics, lean process improvements, and positive leadership in building effective, efficient, and happy customer service departments. Jeff is truly obsessed with customer service. Follow on LinkedIn.

Customer Service 251

Customer Service Contact Center Chief Customer Officer Call Center 251

Beyond Philosophy

NOVEMBER 10, 2014

In addition, higher levels of customer satisfaction are tied to high levels of positive cash flows with low volatility, and positive earnings surprises. Keeping Customers results in a high increase in value. Focusing on customer retention with a better Customer Experience will benefit your bottom-line expenses.

Net Promoter Score 164

Net Promoter Score ROI Customer Experience Insurance 164

ChurnZero

JUNE 17, 2022

It requires a genuine understanding of your customer cohorts and their goals, perceptions, and needs. To share how to choose, track, and act on effective onboarding metrics, ChurnZero Customer Success Enablement Team Lead Bree Pecci joined CSM Practice for a drill-down into customer-centric onboarding. Irit: Hi everyone.

Metrics 98

Metrics How To Effort Score Self Service 98

rethinkCX

FEBRUARY 13, 2025

Regularly assess customer feedback to refine the balance between automation and live support. Continuously Optimize Performance Monitor key metrics such as CSAT, FCR, and response times. Use AI-driven insights to improve workflows and customer interactions. Customer Retention Rate: Monitors loyalty and long-term engagement.

Self Service 52

Self Service Multi-Channel First Call Resolution Chatbots 52

ClientSuccess

JUNE 19, 2019

Adding credibility to this statement is a research study by Invesp Consulting which suggests: Existing customers are 50% more likely to try new products and spend 31% more than new users! Increasing customer retention by 5% can increase profits by 25-95%. It will surely get your brain and bank account working overtime.

Customer Retention 73

Customer Retention Strategy e-support Loyalty 73

ShepHyken

SEPTEMBER 30, 2019

NPS, CES, CSAT: Which One is the Best Metric? GetFeedback) NPS, CES, and CSAT are customer loyalty metrics. They’re used to measure the level of loyalty that a customer has toward your brand. Customers are considered loyal when they consistently purchase from your brand over an extended period of time.

Customer Service 18

Customer Service eBook Contact Center NPS 18

Beyond Philosophy

MARCH 19, 2019

We had a guest that explained why Innovative Service is crucial to Customer Experience on our recent podcast. Author and speaker Dr. Chip Bell is a world-renowned authority on innovative service and customer loyalty consulting. Bell also helps many Fortune 100 companies implement innovative customer-centric strategies.

Innovation 135

Innovation Customer Centricity NPS Loyalty 135

Beyond Philosophy

AUGUST 16, 2018

In that role, I had many bright consultants come in to share fabulous theories. The clever consultants did not have a satisfactory response! When I left British Telecom to start my global Customer Experience consultancy, I remembered my dissatisfaction with the all-theory-no-practicality approach to business.

Net Promoter Score 184

Net Promoter Score Effort Score NPS Consulting 184

CSM Practice

FEBRUARY 24, 2020

Now more than ever, customer success leaders must use relevant and actionable customer success metrics to make guided decisions and strategies to deliver success. Together, we will examine metrics that quantify the overall financial health of a subscription-based business. Customer Health Metrics.

Financial 52

Financial Metrics Customer Success Customer Retention 52

ChurnZero

MARCH 14, 2025

2: Dont lose sight of value realization metrics and the importance of a consultative approach as leading indicators of revenue goals. Use customer health scores and usage data to identify when an upsell really may be the best thing for the customer, or when its time to step in and handle an at-risk account.

Customer Success 52

Customer Success Case Study Sales Customers 52

CSM Practice

FEBRUARY 24, 2020

Now more than ever, customer success leaders must use relevant and actionable customer success metrics to make guided decisions and strategies to deliver success. Together, we will examine metrics that quantify the overall financial health of a subscription-based business. Customer Health Metrics.

Financial 52

Financial Metrics Customer Success Customer Retention 52

CSM Practice

FEBRUARY 24, 2020

Now more than ever, customer success leaders must use relevant and actionable customer success metrics to make guided decisions and strategies to deliver success. Together, we will examine metrics that quantify the overall financial health of a subscription-based business. Customer Health Metrics.

Financial 52

Financial Metrics Customer Success Customer Retention 52

Thematic

MARCH 18, 2025

Also, AI-driven customer insights lead to measurable business growth and help businesses stay ahead. However, traditional methods often rely on manual tagging, pre-set categories, or external consultants, which can limit the ability to uncover deeper, actionable insights. It requires no coding, consultants, or complex setup.

Customer Insights 62

Customer Insights Social Media Analysis Consulting 62

Heart of the Customer

SEPTEMBER 11, 2014

that a 5 percent improvement in customer retention can yield between a 20 percent and 100 percent increase in profits across a wide range of industries. But my favorite is the annual review by Watermark Consulting. Net Promoter Score inventor Fred Reichheld writes in The Ultimate Question 2.0

Customer Experience 132

Customer Experience Net Promoter Score Report Banking 132

Retently

JULY 4, 2023

Take qualitative feedback seriously, and don’t make the mistake of viewing NPS as solely a quantitative metric. This is called “closing the loop” and it’s an essential aspect of customer retention. As a service professional, one of your advantages is the ability to respond to specific feedback quickly.

Net Promoter Score 158

Net Promoter Score NPS Multi-Channel Feedback 158

Experience Investigators by 360Connext

MARCH 8, 2018

Customer experience and marketing measurement are two sides of the same coin. Impact to NPS ( Net Promoter Score ), customer retention, net customer growth, new product revenue, ROI—almost every metric you can think of—has commonalities across both disciplines. Measure both sides of the coin.

Customer Journeys 125

Customer Journeys Marketing Net Promoter Score Chief Customer Officer 125

CustomerSuccessBox

MAY 6, 2021

From the last couple of weeks, we’ve been writing about the importance of customer retention , key metrics to track and how Customer Success can help you drive retention, and whether your organization is ready to implement Customer success software. . Steps to implementing Customer Retention Software.

Customer Retention 52

Customer Retention Software Training Customer Success 52

Confirmit

OCTOBER 18, 2018

What Is Customer Retention? Customer retention refers to an organization’s processes and activities that aim at stopping customers from churning or switching to a competitor. Increasing customer loyalty is a key goal of any business, and contributes greatly towards sustainable growth.

Customer Retention 45

Customer Retention Multi-Channel Net Promoter Score Return on Investment 45

Joe Rawlinson

JULY 24, 2019

Did you know that research by Bain & Company found out that increasing customer retention rate by just 5% can increase profits by 25-95% ? If there’s one thing that always bears on the mind of businesses, it is this: What drives a customer to come back for more? Real-Time Customer Support. Regular Feedback.

Loyalty 107

Loyalty Sales First Call Resolution Rewards Programs 107

TechSee

JUNE 11, 2019

For years, companies have battled to strike the right balance between customer service KPIs. Focusing on one metric would often harm others. For example, heavy emphasis on low AHT would often negatively impact customer satisfaction. The technology is unique because it delivers KPI improvements without cannibalizing others.

Self Service 117

Self Service Technology Customer Service Contact Center 117

ChurnZero

OCTOBER 8, 2021

Understanding Customer Success vectors as an upgrade to KPI metrics. Customer Success vectors come as an upgrade to snap-shot, in-the-moment KPI metrics. Measuring Customer Success using KPIs doesn’t tell you where your customers are relative to their goals. That is, KPI metrics are lagging indicators.

Effort Score 98

Effort Score How To Metrics B2B 98

GetFeedback

SEPTEMBER 24, 2019

Jack Dean, a former CFO now with sales consultancy FASTpartners, says CX investments generally have a more challenging financial case if the goal is revenue growth. For growth-oriented firms, a CX case that builds on increasing average order size or revenue per customer would be compelling to executives. Get the Guide.

How To 150

How To ROI Policies Analysis 150

Calabrio

JUNE 1, 2017

While many brands are prioritizing the customer experience, our newly-released study identifies a disconnect between goals and execution. Recently, we surveyed more than 800 marketing and customer experience leaders from the US and the UK in partnership with global research consultancy, Morar.

Brands 100

Brands Customer Experience Chief Customer Officer Contact Center 100

Calabrio

JUNE 1, 2017

While many brands are prioritizing the customer experience, our newly-released study identifies a disconnect between goals and execution. Recently, we surveyed more than 800 marketing and customer experience leaders from the US and the UK in partnership with global research consultancy, Morar.

Brands 100

Brands Customer Experience Chief Customer Officer Contact Center 100