InMoment XI

JANUARY 2, 2023

Measuring customer experience (CX) requires a layered approach that can include in-depth user interviews and gathering data at key points of contact, as well as tracking metrics like Net Promoter Score (NPS), Customer Satisfaction (CSAT), and Customer Effort Score (CES). Customers who are promoters score 9 or 10.

Net Promoter Score 221

Net Promoter Score NPS Metrics Effort Score 221

Gainsight

NOVEMBER 18, 2024

Takeaway 3: Customer Retention Is Heavily Impacted by Community Customer retention is one of the biggest drivers of any company’s bottom line. Everything from revenue expansion to new customer onboarding is more effective when companies engage their existing customers.

Self Service 40

Self Service Customer Retention B2B Report 40

Optimove

JUNE 22, 2020

Using loyalty data to power customer retention and reactivation. This is just one methodology ( with three more to download ) that demonstrates how marketers can easily use Optimove to discover customer insights, test their hypotheses, and optimize their CRM campaigns. To learn more, download the full use case here.

Customer Retention 52

Customer Retention Loyalty Data Loyalty Programs 52

CustomerSuccessBox

APRIL 19, 2021

The real skill behind customer retention is helping customers achieve success. It would be great if you could rely directly on customer feedback to understand their satisfaction levels but more often than not these satisfaction surveys are lagging indicators. By then 50% of your customer base has already churned.

Customer Retention 52

Customer Retention Net Promoter Score Data NPS 52

ChurnZero

MARCH 3, 2022

Top five Customer Success resources brought to you by ChurnZero. How to crush SaaS customer onboarding: a roundup of expert advice. SaaS onboarding makes or breaks your customer retention. That’s what we set out to ask the Customer Success experts. These churn monsters take big bites out of your customer base.

Resources 98

Resources Customer Success Handbook eBook 98

ChurnZero

JUNE 23, 2023

In turn, the swing has rightfully put an increased focus on customer retention. That conjures the question: how do you know if your customer retention rate is good or not? Fortunately, SaaS Capital , which provides debt financing to growth companies, recently published its annual B2B SaaS retention study.

Customer Retention 52

Customer Retention B2B Report Study 52

Gainsight

JUNE 20, 2022

Further, I’m willing to bet that unless many of the companies surveyed – and beyond – are quick to identify, diagnose and resolve this type of customer-stakeholder dichotomy, their sales and customer-retention efforts (Net Dollar Retention) will eventually suffer – and perhaps suffer greatly.

Customer Retention 52

Customer Retention NPS Effort Score Customer Success 52

CustomerSuccessBox

MAY 25, 2021

Have you ever heard any SaaS founder or VP -CS saying,” I‘m okay with losing a few customers every month?”. That’s because Customer Retention is critical. Customer retention is critical — particularly for B2B SaaS companies. Retaining a customer is way more profitable than acquiring new ones. .

Customer Retention 52

Customer Retention Metrics B2B Measurement 52

Comm100

SEPTEMBER 28, 2016

Reichheld in the Harvard Business Review, the average company loses about half its customers in a fiver-year period. Can you imagine how much revenue you lose when 50% of your customers walk out the door? Understanding your churn rate is crucial to keeping customer retention high. Download Now.

Customer Retention 100

Customer Retention Customers Customer Satisfaction Metrics 100

Thematic

OCTOBER 30, 2024

This article looks at real-world examples of how various industries can use VoC insights to improve customer experience and business performance. What's inside: Easy-to-follow VoC strategies Tips for analyzing feedback Plus: Bonus VoC checklist Download your free copy today!

Voice of Customer 62

Voice of Customer Examples Industry Handbook 62

Lumoa

SEPTEMBER 11, 2023

Customer effort score (CES), CSAT, and NPS are examples of metrics applicable in either case. But since customer experience has a more broader outlook than customer service, additional data like repeat sales figures and customer retention rate are also taken into consideration.

Strategy 195

Strategy Customer Experience Net Promoter Score Effort Score 195

Lumoa

SEPTEMBER 11, 2023

Customer effort score (CES), CSAT, and NPS are examples of metrics applicable in either case. But since customer experience has a more broader outlook than customer service, additional data like repeat sales figures and customer retention rate are also taken into consideration.

Strategy 195

Strategy Customer Experience Net Promoter Score Effort Score 195

ChurnZero

JANUARY 10, 2022

SaaS customer onboarding makes or breaks your customer retention. It has a long-lasting impact on your customer and deep ties to their likelihood to churn. For this reason, unlocking the optimal SaaS customer onboarding experience is invaluable. Define Key Onboarding Events, Correlate Them to Customers’ Success.

Metrics 98

Metrics Customer Success eBook Training 98

Comm100

APRIL 25, 2018

The Boston Globe named the tiny company “the industry antidote” to robotic customer service. Now, the Richmond Telephone Company is definitely not significant in terms of a customer base – staff can recognize specific callers purely by their voice! Mitigates Customer Disloyalty. Download Now.

Self Service 104

Self Service Company How To Effort Score 104

Retently

JUNE 28, 2022

Over time, the reviews and ratings of your enthusiastic customers can add up, rewarding you with stronger rankings, more traffic, more downloads, more sales, and as a result – more revenue. Meaningful loyalty programs not only drive customer retention by showing care towards existing customers.

NPS 148

NPS Net Promoter Score Feedback Case Study 148

ChurnZero

MARCH 3, 2022

Top five Customer Success resources brought to you by ChurnZero 1.) How to crush SaaS customer onboarding: a roundup of expert advice SaaS onboarding makes or breaks your customer retention. That’s what we set out to ask the Customer Success experts. These churn monsters take big bites out of your customer base.

Resources 52

Resources Customer Success Handbook eBook 52

Totango

AUGUST 23, 2022

Consideration begins when a customer becomes interested enough in your product to consider becoming a buyer. It typically results in them visiting your website or downloading your freemium app. Improved experiences deliver better outcomes for customers and higher satisfaction. Conversion.

Customer Journeys 122

Customer Journeys Touchpoint B2B Social Media 122

SurveySensum

DECEMBER 18, 2024

Absolute Method Absolute NPS refers to the straightforward calculation of NPS based on the percentage of promoters, detractors, and passives without comparing it to any external benchmark or industry standard. Step-by-Step Process on NPS Benchmarking – Download Now! Lets now explore some factors influencing a good NPS score.

Net Promoter Score 52

Net Promoter Score NPS Effort Score Survey 52

TeamSupport

SEPTEMBER 28, 2018

But, with all these changes, problems can and will arise that require the attention of your customer team. The job to communicate both the good and the bad about your SaaS product to your existing customer base often falls on the customer success team.

Customer Success 80

Customer Success Company Roadmap Communication 80

ChurnZero

AUGUST 25, 2021

However, there are still some key things to keep in mind when you identify the passives in your customer base: They’re satisfied. If a customer is only satisfied with a product, that doesn’t mean they’ll necessarily recommend it to someone else. ChurnZero Resource. NPS Cheat Sheet.

NPS 98

NPS Net Promoter Score Customer Journeys Customer Satisfaction 98

BirdEye

NOVEMBER 19, 2020

Surveys can help you collect in-depth feedback from a wide segment of your customer base. This feedback can help you gauge overall customer satisfaction and gather in-depth information about specific issues in customer experience. It can also help to bolster customer satisfaction and loyalty. Online Surveys.

Net Promoter Score 98

Net Promoter Score Marketing Social Media NPS 98

Optimove

MAY 27, 2024

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: It has never been more difficult for brands to engage with customers in a way that ensures relevance, secures conversion, drives loyalty, and maximizes lifetime value.

Sports 52

Sports CRM Case Study Communication 52

Optimove

MAY 27, 2024

Take your customer segmentation to the next level with our advanced guide Download Now Why it Matters: It has never been more difficult for brands to engage with customers in a way that ensures relevance, secures conversion, drives loyalty, and maximizes lifetime value.

Sports 52

Sports CRM Case Study Communication 52

Education Services Group

JULY 30, 2018

At the end of the day though, when your segmentation is on point, you won’t see customer loss and stagnated growth. So if you aren’t seeing the results you expect, it’s time to take a long hard look at how you’re segmenting your customer base. Download our white paper, Success Through Segmentation. Download now!

Comparison 53

Comparison Analysis Metrics Customer Success 53

ChurnZero

APRIL 12, 2019

Q: What do you see as the main differences (if there are any) between the Customer Success (CS) and Customer Experience (CX) practice? A: Customer Success teams are typically responsible for driving specific outcomes related to customer retention and growth of customer relationships.

Customer Centricity 14

Customer Centricity Customer Success Net Promoter Score Self Service 14

Gainsight

MARCH 15, 2022

Customer Retention Rate (CRR). Retention is the cornerstone that anchors the modern SaaS world. companies losing an estimated $168 billion per year to customer churn, it’s clear why. By measuring customer retention rates (CRR) , you can determine how well your retention efforts are paying off.

Measurement 52

Measurement Management Customer Retention Metrics 52

Kustomer

JUNE 7, 2023

Like any playbook, it should contain a stock of methods and go-to tips firms use to provide great customer service and create their ideal CX. Building a loyal customer base doesn’t just happen overnight. As customer trends shift over time, so will the contents of a CX playbook.

Financial 94

Financial CRM Banking Effort Score 94

ChurnZero

AUGUST 28, 2020

SaaS onboarding makes or breaks your customer retention. Onboarding has a long-lasting impact with deep ties to a customer’s likelihood to churn. Exactly how do you get customers to embrace your product instead of merely moving (erm, politely pushing) them through the motions and hoping for adoption?

Customer Journeys 59

Customer Journeys eBook Customer Success Metrics 59

TeamSupport

APRIL 26, 2019

Tying personalization into the previous point, automating certain aspects of the customer experience won’t remove the human touch from customer service. Rather, it will provide service teams with an opportunity to foster more one-to-one connections with their customer base. Understand the customer. Key Takeaways.

Competitive Advantage 55

Competitive Advantage Customer Service Self Service How To 55

TeamSupport

APRIL 5, 2019

3) Focus on the most distressed customers first – Leading customer support software is now also able to gauge customer distress levels for your entire customer base. This is helpful because in situations where ticket volume is high it’s still important to also keep customer retention in mind.

Self Service 55

Self Service Tips Analysis Software 55

Gainsight

JUNE 11, 2021

The themes today centered around Human-First Customer Success and Transforming Customer Centricity. Read on for an even speedier download of today’s content. Human-First Customer Success. Major Takeaways: Sales and Customer Success relationships can be filled with friction.

Chief Customer Officer 91

Chief Customer Officer Handbook Customer Success Knowledge Base 91

ViiBE Blog

AUGUST 18, 2021

According to KPMG, 86% of loyal customers will recommend a brand to their social circle. Since repeat business brings in more revenue over time than single-visit customers, it’s crucial to retain a regular customer base. There are several ways to identify your customer’s expectations. Download now.

Customer Centricity 52

Customer Centricity Strategy CRM Net Promoter Score 52

Waypoint Group

MAY 8, 2018

B2B companies are looking for smart ways to accelerate profitable growth through improvements in customer retention and expansion, and Customer Health Scoring (CHS) has been evangelized as the way to understand when and how to best engage with a customer account, while also highlighting the overall health of the customer base.

Effort Score 40

Effort Score B2B Customer Retention Examples 40

Education Services Group

AUGUST 27, 2018

Read about this study and others in our white paper, Neuroscience and Customer Success. Download now! The second step is to determine if you have the resources to invest in hiring the number of CSMs required to effectively manage your full customer base. Download our Neuroscience and Customer Success white paper.

Customer Success 51

Customer Success Customers Study Strategy 51

OpinionLab

AUGUST 29, 2017

This group will inevitably make up an increasingly greater proportion of your customer base as time moves on so this is an extremely important point. Learning 5: Customers are becoming less loyal in the digital age. When you look at customer retention across industries, the findings are quite striking.

Omni-Channel 166

Omni-Channel Consumers How To Touchpoint 166

Feedbackly

JUNE 1, 2023

Customers know they can enjoy superior service when they deal with your brand and won’t hesitate to come again. Also, when customers get emotionally connected to brands, they advocate and promote the products to people. Building such a loyal customer base can help your business expand.

eBook 52

eBook Touchpoint NPS Customer Journeys 52

CSM Practice

FEBRUARY 24, 2020

Tracking your Customer Lifetime Value helps you determine who your best customers are, how much you should spend to retain them, and how much you can afford to spend on acquiring new customers based on your average CLV. 6. Customer Retention Rate/Customer Churn Rate.

Financial 52

Financial Metrics Customer Success Customer Retention 52