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Why You Should Throw Out Your CRM

Totango

You don’t need your CRM. How Your Customer Success Platform Can Replace Your CRM. Recurring-revenue businesses succeed by nurturing customer relationships over the entire lifecycle. Attempting to retrofit your CRM to accomplish this strategic initiative is likely an exercise in futility. Yeah, we said it.

CRM 89
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How to Use CRM to Increase Customer Lifetime Value

SugarCRM

The relationships you have with them are the sum of every interaction and purchase across their entire “lifetime” as your customer. Understanding a prospect’s potential longevity as a customer is an essential metric in helping you sell smarter and retain longer. What is Customer Lifetime Value (CLV)? Calculating Your CLV.

CRM 26
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Navigating the Startup Seas: Crafting a CX Strategy for Success

Win the Customer

When customers have a memorable and satisfying experience with your brand, they’re more likely to become loyal advocates, helping your startup gain traction and grow. Reducing Customer Churn Startups can’t afford to lose customers. Identify touchpoints and moments that matter.

CX 59
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Customer success vs. customer experience: What’s the difference?

Zendesk

Customer success (CS) teams focus on understanding customers’ goals and helping clients achieve their desired outcomes with a purchased product or service. Meanwhile, customer experience (CX) teams work hard to provide great experiences at every single touchpoint, from discovery to purchase and beyond. Industry.

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CX Annuities Solve CX ROI & Tenure Dilemmas

ClearAction

CX annuities is a phrase I coined to represent massive savings and impressive gains available through a different approach to management of customer, partner, and employee experience. Lost ROI on customer acquisition cost. Preventing churn : Customer Service + escalations + remedies + refunds + returns. is CX Annuities.

CX 62
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The Power of Personalization in Retail Customer Experience

SurveySensum

Boosted Sales and Revenue: BCG’s research report on, ‘ Profiting from Personalization ’ reveals that brands that create personalized experiences for their customers are seeing a revenue growth of 6-10% which is 2-3 faster than brands that don’t. But the question here is when and where to draw the line. Nike is winning at this.

Retail 52
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CEMs vs. CRMs (And Why You Need Both)

PeopleMetrics

Customer Experience Management (CEM) and Customer Relationship Management (CRM) are the same, right?”. While it may be true that at their core, both systems revolve around the key interactions a customer has with your brand, CRMs and CEMs serve distinctly different purposes and operate from two contrasting angles.

CEM 84