article thumbnail

To drive meaningful customer experience improvements, start with your why

Alida

Tune into the C-suite, and you’ll hear different beliefs and drivers for being customer-centric: It’s about our moral obligation to treat customers as we want to be treated. It’s about loyalty economics: we can reduce churn and improve lifetime customer value.

article thumbnail

5 Keys for Marketing Executives to Break the ‘Too Generous Marketing Habit’

Optimove

But whether it is “free money” in iGaming or “40% off on your first order” in retail sales, marketers need to admit that despite increased sales, they are training customers to only buy at deep discounts in perpetuity, helping form unhealthy customer expectations. It works in the beginning to lure in consumers.

Insiders

Sign Up for our Newsletter

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

article thumbnail

5 SaaS Renewal Process Best Practices for Customer Retention

Totango

With a focus on lifetime customer success rather than on quick revenue raising, you can turn your renewal process into a celebration of an ongoing partnership. It’s a customer-centered approach that reflects the broader economy we currently operate under, one where the customer expects individualized treatment.

article thumbnail

Driving SaaS Revenue Through Customer Success

CustomerSuccessBox

Just having an expert acquisition and sales team doesn’t cut it anymore if you are bleeding churn. Likewise, your customers expect a steady stream of value and not just a one-time and off thing. Your aim should be to keep your customers forever. Additional Resource: Customer Health Scoring.

article thumbnail

Partners

Optimove

Arc’s offering allows brands to nudge the shopper down the path to purchase by creating contextually relevant omni-channel content, engagements and experiences that extend the reach and impact of physical and digital activations to drive sales and post-transaction loyalty.

article thumbnail

Ethical Dilemmas in Business: A Guide for Customer Success Teams

SmartKarrot

Although convincing new leads to purchase products and services that do not necessarily serve their needs may seem more profitable to customer success teams attempting to increase immediate revenue, it may significantly reduce customer retention rates and consequent lifetime customer value as their key requirements are ultimately not being met.

article thumbnail

Proactive Customer Success Strategies that will get You Ahead of the Game

Totango

It is important to focus on the future because that’s where the bulk of lifetime customer value lies, for both you and your customer. The dominant subscription model spreads recurring revenue out over years of renewal rather than concentrating it on a single sales event. Look Toward the Future.