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Expansion is a Team Sport: Strategies for Aligning CS and Sales in 2024

Totango

So, you need a revenue model that fosters long-term customer retention and high expansion rates. Customer Lifetime Value Sharing Customer Lifetime Value (CLV) across Sales and CS will focus both teams on retention—again, incentivizing Sales to only bring in accounts that CS can retain year after year.

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Understanding Negative NPS Score: Causes, Impact and Solutions

Lumoa

You’ve designed your NPS survey and emailed it to all your customers—and the results are in… but not those you were expecting. When it comes to gauging customer sentiment and loyalty, few metrics enjoy such widespread acclaim as the Net Promoter Score (NPS). Does it spell doom for your business?

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3 ways to use a ‘listen-and-learn’ approach to drive alignment and growth

Totango

“Rather than gleaning actionable insights from siloes or single sources, our focus in 2023 has been gathering insights directly from our clients from areas that all of us are familiar with: NPS, surveys through support, post-implementation, product insights, business reviews, and more.”

Sports 93
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Defining the Value of Customer Experience: A Guide for Creating CX ROI in A Constantly Changing World

Experience Investigators

Metrics from customer surveys like Net Promoter Score (NPS) or Customer Satisfaction Rate (CSAT) are measurements from a certain group of customers to consider in your strategic decisions. Some organizations find that focusing on retaining customers in volatile times can provide more revenue than sales.

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4 Effective Contact Center Development Ideas

Fonolo

Entrepreneur and CRM expert Bobby Darnell describes business development as a “contact sport.” NPS: Net promoter score is powerful stuff. Net promoter score measures how likely potential customers would be to recommend your call center’s services or company’s products to their loved ones. He’s right!

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What Is Customer Success?

Totango

Why Invest in Customer Success? Investing in customer success means investing not just in your customer’s success, but in that of your enterprise. Investing in customer success can: Increase customer retention rates and keep customers engaged. ” Scaling Customer Success.

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What is product-market fit? Examples and strategies to find it

Zendesk

Determine the right metrics There are several customer experience key performance indicators (KPIs) that will shed light on how well your product fits into the market, including customer retention rate, growth rate, marketing success, and churn rate. If either one is lacking, your customers may be on their way out the door.