Articles

What Do You Need for Customer Success?

by David Jones Digital Marketor
"A happy customer is the best business strategy of all," said Michael LeBoeuf, business journalist and former management professor at the University of New Orleans.

It doesn't matter whether you are a SaaS (Software-as-a-Service) company, sell products or are a service-oriented company. Customer success is what will take you far. The satisfaction of your customers by solving their questions is the key factor in reaching customers on the next level of the customer journey. You are ready to switch and accept your competitors' offer in the blink of an eye. And the only reason they do this is because they are not getting the expected value from you. This means that nowadays customers are no longer dependent on the price or product, but become loyal based on the experience they gain. If you are unable to meet their requirements and do not provide the necessary assistance, they will leave immediately. When you deliver a great customer experience, it means they are spending more on you.

Customer success is just as important as the quality of your product or service that you deliver. According to Salesforce statistics, 76% of customers expect companies to understand their needs and expectations.

What do you need for customer success?
You will get a lot of information from various sources that will keep you informed about customer success. However, here are some key elements that are essential to the expected result. Ultimately, customer success management is about approaches that make differences.

A clear strategy for customer success that includes detailed processes to drive customer loyalty.
A dedicated team of employees, often referred to as Customer Success Managers (CSMs), who are always available to answer customer inquiries. The size of the team can depend on the size of the company and the resources available.
Access to all the information they need in real time, including feedback, financial statistics or other information from various departments such as sales, accounting, etc., so customers can get more and more authentic answers.

What technology should be used in CSM?
To build a successful customer management program, a company should incorporate technology-driven solutions and enable the customer success management team to cultivate relationships with customers. In this way, employees in your company can be reached quickly with accurate information and build trust and credibility with customers.

What kind of technology solutions should you include?
A CRM system for storing and quickly finding the data.
Voice of the Customer (VoC) solution to collect, analyze and send feedback to the right people to draw the right conclusions.
Marketing automation to save time and focus on other important aspects of growing your business.
The important aspect here is to give customer success managers the opportunity to have a transparent view of the customer journey in order to collect authentic information from all customer contact points.

What should your CSM strategy include?
Customer success is a great way to make customers feel valued by helping them achieve their goals. To this end, a CSM team should act as brand ambassadors for your customers. They are expected to listen to every voice and be careful to solve your customers' problems. A dedicated team of CSMs creates a customer-centric atmosphere in every part of your company.

It's a great way to use customer testimonials to improve performance not just for CSMs but for the entire company. Having your customers in focus at all times will help you better understand what they want and how you can add value with you throughout their journey.

The structure of a customer success strategy can vary from organization to organization. However, defining how the customer success program aligns with your business goal is the key point to long-term profitability.

Is CSM applicable to which companies?
The reason for customer success, achieving goals for mutually beneficial results fits almost any business. However, over the years the Customer Success Management method has been specifically developed by SaaS or B2B companies.

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About David Jones Committed   Digital Marketor

613 connections, 24 recommendations, 1,480 honor points.
Joined APSense since, October 6th, 2020, From La Jolla, United States.

Created on Feb 22nd 2021 05:03. Viewed 211 times.

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