Mastering Customer Success Discover Tactics to Decrease Churn and Expand Revenue

Explore strategies, methods, critical skills that top CSMs exhibit in delivering well-designed, proactive customer success services, fostering lasting customer relationships and sowing the seeds for advocacy Key Features Master the art of driving measurable customer value, a cornerstone of business...

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Detalles Bibliográficos
Otros Autores: Mar, Jeff, author (author), Armaly, Peter, author, Stouse, Mark, author
Formato: Libro electrónico
Idioma:Inglés
Publicado: Birmingham, England : Packt Publishing [2024]
Edición:First edition
Materias:
Ver en Biblioteca Universitat Ramon Llull:https://discovery.url.edu/permalink/34CSUC_URL/1im36ta/alma991009825840606719
Tabla de Contenidos:
  • Cover
  • Copyright
  • Foreword
  • Contributors
  • About the reviewers
  • Table of Contents
  • Preface
  • Part 1: Foundational Concepts for Business Success
  • Chapter 1: Optimizing Your Key Metrics for Growth
  • Understanding the S.M.A.R.T. approach to metrics goals
  • Aligning CS with business goals
  • Individual versus team goals in CS metrics
  • Customer engagement metrics
  • Quantitative metrics - where evidence emerges
  • Qualitative metrics - how evidence takes on a human dimension
  • Customer lifetime value
  • Summary
  • Chapter 2: Building a Strong Foundation - Key Knowledge for Success
  • Strategies for effective customer prioritization
  • Looking into the details of segmentation and tiering
  • Understanding CLTV
  • Soft skills of exceptional CSMs
  • Empathy
  • Communication
  • Building relationships
  • Analytical skills
  • Learning to manage time
  • Feedback
  • Looking at a few interrelated skills
  • Public speaking
  • CSM-specific and CS operations-specific skills
  • Summary
  • Chapter 3: Strategies for Effective Book of Business Management
  • Proactive versus reactive
  • How to be more proactive
  • Strategies for effective customer prioritization
  • Preliminary considerations
  • Segmentation
  • Strategic importance
  • Scaling for success
  • Building your sales partnerships
  • Relationship
  • Account planning and management
  • Growth and development
  • Summary
  • Part 2: Optimizing Customer-Centric Strategies
  • Chapter 4: Streamlining Onboarding and Boosting Engagement
  • Onboarding
  • Driving engagement
  • Key considerations for driving engagement
  • Summary
  • Chapter 5: Building Referenceable Customers
  • Why referenceable customers are key to success
  • Strategies for building referenceable customers
  • Identifying potential advocates
  • Cultivating advocates
  • Showcasing your advocates
  • Summary.
  • Chapter 6: Leveraging Data for Customer Success
  • Data for CS through an internal lens
  • Understanding user/customer behaviors and patterns of product use
  • A short dive into consumption analytics
  • Assessing risk and developing predictive customer retention strategies
  • Risk variables
  • Refining personalization for more precise expansion approaches
  • Data for CS through an external lens
  • Improving the quality of product guidance for customers to drive deeper trust
  • Strengthening long-term customer relationships and nurturing the growth of customer advocacy
  • Measuring customer progress toward the successful attainment of desired outcomes
  • Summary
  • Chapter 7: Building Your Customer Success Inner Circle
  • Determining the right relationships to build internally
  • Product development and engineering
  • Sales
  • Support and technical assistance
  • Marketing
  • Training and education
  • Finance and legal
  • Executive leadership
  • How to build internal relationships
  • Initiating internal relationships
  • Nurturing internal relationships
  • Summary
  • Part 3: Navigating the Customer Success Landscape
  • Chapter 8: Strategies for Retention and Expansion in Your Business
  • The math of retention and expansion
  • Land and expand is more involved than people think
  • Exhibiting excellence as individual CSMs in retention and expansion
  • How to identify upsell and cross-sell opportunities
  • Summary
  • Chapter 9: Mastering Crisis Management for Business Resilience
  • Identifying crises
  • Preparing for crises
  • Effective communication during a crisis
  • Post-crisis management
  • Summary
  • Chapter 10: The Exciting Future of Customer Success
  • Shifting toward more personalized and proactive customer engagements
  • Expanding career opportunities
  • The evolving skill requirements of CSMs
  • Summary
  • Index
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