Remove Customer Retention Remove Customer Success Remove Reference Remove Return on Investment
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What Are the Benefits of Customer Retention?

Confirmit

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.

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3 Things CMOs Should Do During an Economic Downturn

Totango

Let’s look at three things CMOs should do during tumultuous economic times to support their current customer base and promote retention and expansion. . Maximize Your Return on Investments. During an economic downturn, your greatest investment should be in your current customer base.

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7 Questions to Ask Your Customer Support Vendor

GlowTouch

What Are Your Customer Satisfaction Scores? Any customer support vendor that claims they care about the happiness of their clients should have at least some customer satisfaction surveys for you to reference. What Is Your Customer Retention Rate? Can I Talk to References?

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Customer Success ROI: How to Measure and Improve It

SmartKarrot

Any business function that you deploy towards your business goals must be measurable and generate returns. Before customer success was introduced, companies used to spend massive funds in acquiring the customers only to see them finally go. So, how can we quantify those returns generated by customer success?

ROI 10
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Why is Time to Value (TTV) a key metric for your SaaS product?

CustomerSuccessBox

B2B SaaS businesses typically rely on their decisions on investments or IT solutions on the reliability of the brand or product. However, customers are also searching for a quick time to value (TTV). This refers to how quickly a product would help them solve their problem and get a good return on their investment (ROI).

Metrics 52
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Who is a Chief Customer Officer (CCO)?

CustomerSuccessBox

Of all there lies the customers head, Chief Customer Officer (CCO) who is one among the C suites of the departments to deliver the customer success. Handling difficult customer interactions by offering the best customer experience is part of their deal. How does it help the customer success team to upsell?

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What Happens if You Fail to Plan for Holiday Sales?

GlowTouch

Create an opportunity mindset: service is a revenue and customer retention center, not just a problem-solving function. It’s among the reasons that companies hire Customer Success Managers before hiring salespeople. Customers who believe they are valued are likely to remain customers and refer to others.

Sales 52