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There’s a New Way CS Leaders Should Measure Value Generated

The Process Street

This is altering customer expectations and demands, presenting critical challenges for customer success teams globally. To successfully ride this wave of change, Deloitte – and us here at Process Street – believe businesses should rethink how they are measuring value delivered to the customer.

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Why You Need an Account Health Scorecard Which Measures Customer Health and Yours! (Free Template)

The Process Street

Companies with a customer-centric account health scoring system enjoy a 95% increase in customer retention. To be more customer-centric, you need an account health scorecard that takes a holistic approach to measure your health and your customers’ health.

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8 Actionable Ways to Make Your Customer’s Success Milestones Product-Oriented

The Process Street

According to a 2020 Walker study , 86% of buyers will pay more for a better customer experience. Customer experience is a key brand differentiator, and getting it right can determine the difference between success and failure. That is, you’ll learn how to focus on the customer’s experience when using your product.

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4 Customer Success Metrics to Inform Your Product-Led (Expansion) Growth Strategy

The Process Street

Welcome to the customer success era. In this CS era, business focus is on customer experience. And when it comes to your product, this means to show and let your customer try your offering. In this Process Street article, we identify the 4 key customer success metrics you need to develop your CS functionality.

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How to Calculate the Customer Health Index for Sustained Performance and Improved Client Retention (By up to 95%)

The Process Street

The customer’s Net Promoter Score (NPS) was in the highest percentile, yet I found myself closing the account. How did we miss this churning customer? I used to work as a technical customer service representative for an environmental testing laboratory. The problem is that NPS metrics give reactive, snapshot values.

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How to Manage a Successful CS Transformation to Be More Customer-Centric

The Process Street

A recent Deloitte study found a mere 30% of respondents stated customer success was a strategic priority by the board of directors. Only 26% reported official business communications to regularly mention customer success. To respond, organizations need to focus on customer success (CS). are altering the business landscape.

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How to Have a Customer Health Score Beyond Just NPS (Which We Know 46% of You Use!)

The Process Street

To excel at customer success you need to understand your customer health score. According to a study by Gartner, 88% of Account Managers (CSMs) think they can grow by delivering a great service, which is reflected in your customer health score measures. Our secret source: 7 indicators for calculating customer success.