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Turning the Tables: Why a Proactive Sales Process is the Ultimate Customer Experience Hack

ECXO

When customers dont feel supported or valued, theyre unlikely to stick aroundeven if your product or service is excellent. Statistic to Consider: Studies show that 89% of consumers have switched to a competitor following a poor customer experience. Lets recap the key steps to creating a proactive sales process: 1.

Sales 266
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Converse 2022

Uniphore

Sylvain brings a wealth of knowledge across all facets of the customer lifecycle. In his most recent position as Vice-President, Global Virtual Sales and Engineering (GVSE), he led the organization through several strategic transitions to accelerate growth at scale.

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3 Ways To Balance Customer Acquisition and Retention Strategies

Lumoa

You can’t grow your business without expanding your customer base. However, should your marketing budget be more focused on customer acquisition or retention is a tough question and one that will eventually define your growth. Moreover, you can put customer retention strategies into focus only when you have customers to retain.

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How to Calculate the Cost of Customer Retention Versus Customer Acquisition

Totango

Comparing the cost of customer retention versus customer acquisition underscores why retaining clients is so important. Calculating the Cost of Customer Acquisition. To calculate your average CAC, total up all the marketing and sales costs that go into your acquisition efforts for a given period.

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Growing Your Customer Acquisition and Retention Rate

Gainsight

Enter the flywheel, the lithium-ion battery of customer acquisition. In the flywheel model, acquisition and retention don’t compete, they work together. Retention makes the customer acquisition process more cost-effective, but it also accelerates acquisition by generating additional conversion opportunities. .

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Bought-in and paid for: how Atlassian bridge the gap from freemium to enterprise sales

Intercom, Inc.

Instead of a pushy, always-be-closing approach, everything’s on the customer’s terms, Kristen emphasizes. And from the seller’s side, there’s less investment needed in nurturing leads through a lengthy pipeline, so the customer acquisition cost is lower. Aligning sales, marketing, and product teams.

Sales 205
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What metrics are the most important for your product?

Intercom, Inc.

In the early days of the analytics team at Intercom, our tracking mostly consisted of typical SaaS company finance metrics , such as the conversion rate of our customers from trial to paid, and monthly recurring revenue. The next step is to look for signals that are specific to the product or feature which map to these concepts.