article thumbnail

The 23 Keys to Creating Raving Fans Part 1

C3Centricity

According to industry research, acquiring a new customer is 5 to 7 times more costly than keeping your existing customers, which is why you need to concentrate on keeping your customers and making them Raving Fans. While customer acquisition is indeed important, so is holding on to your customers and making them Raving Fans.

B2C 71
article thumbnail

Why it’s smart to start experimenting in the metaverse now

Steven Van Belleghem

For the moment, this metaverse-oriented eSports arena may not immediately mean something for Teleperformance’s core business – which is customer acquisition management, customer care, technical support, debt collection, social media services, and other services – but that’s not why they introduced the concept.

Sports 123
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Who’s who: Understanding your business with customer segmentation

Intercom, Inc.

Up until this point, to understand our customers, we had primarily relied on the Jobs-to-be-Done framework , product sense, research insight, sales input, and a belief that our customers were companies just like us. Through the segmentation process, we found that a B2B versus B2C distinction was sufficient to capture differing needs.

B2C 184
article thumbnail

Do You Measure These Customer Success Metrics?

CSAT.AI

For customer health scores in B2B you can measure your customer’s company growth, profit and/or cost savings in regard to your product. B2C companies often have a larger number of customers with shorter company relationships, and lower revenue. Here customer success management is likely to employ tech and automation.

article thumbnail

From marketplace to SaaS business: How Udemy acquired 80% of the Fortune 100

Intercom, Inc.

At the helm of Udemy for Business’ customer acquisition machine is their VP of Marketing Yvonne Chen. Vacation rental marketplace Housetrip miscalculated the importance of word of mouth and, facing strong competition and high acquisition costs, was forced to scale back to two markets.

B2B 243
article thumbnail

Gainsight PX founder Mickey Alon on using your product as a vehicle for growth

Intercom, Inc.

Product-led growth is a capital-efficient way to deliver a better experience through your product and also drive customer acquisition, onboarding, adoption, and expansion. It’s a full customer lifecycle strategy – it’s not just customer acquisition or freemium, for example.

B2B 118
article thumbnail

The ultimate sales glossary: 100 sales terms to know

Zendesk

Many B2B companies sell to individual customers, too, but they often have separate departments for both, as B2B sales are more complex with a longer sales process. Business to customer (B2C). Business-to-customer (B2C) refers to sales that happen between businesses and individual consumers. Field sales rep.

Sales 98