Your brand’s success depends on somebody else’s success.
In a world where people have zillions of options, you cannot rely on your service/product’s quality. A good offering can no longer guarantee instant sales.
So, what do businesses need today? A well-defined customer success process to deliver impeccable customer experiences – because it is not just about your products but how customers reach their desired outcomes. In fact, 6 out of 10 people will turn to a different brand after a single bad customer experience.
Plus, if you are a subscription-based business, customer experience goes beyond the initial purchase. Now, customer retention has replaced customer acquisition as the key enabler to enjoy high valuation and long-term growth.
Hence, to earn long-lasting stickiness with customers and positive word of mouth, you must deliver memorable experiences with your products/services.
Besides, with the looming recession fears and the rising disparity between acquisition and retention costs, it is high time to establish customer success processes for service-led growth in your business.
Let’s get the ball rolling.
Customer success is an organizational mindset that prioritizes helping customers hit their key goals with brands’ products/services. Often, this implies predicting customers’ needs and pain points and taking proactive actions to exceed their expectations.
No wonder, this is a win-win approach. On the one hand, your customers get ample support to achieve their targets. On the other hand, your brand experiences more repeat purchases, upselling opportunities, reduced customer churn, better customer retention, and lower acquisition costs as buyers become long-term brand patrons.
“You can focus on adoption, retention, expansion, or advocacy; or you can focus on the customers’ desired outcome and get all of those things.” – Lincoln Murphy, customer success growth expert.
Here is the idea behind customer success:
Your customer service agents go the extra mile to understand people’s demands and offer solutions to help them fulfill their objectives.
If you have targeted and qualified your leads correctly, your customer service will be instrumental in accomplishing the mission.
Customer success extends beyond simply locking clients in for annual/quarterly contracts. It combines customer support, sales, and marketing teams – all to ensure that your solutions help clients improve their returns on investments (ROI).
A customer success process is the playbook brands lay out to proactively engage and support clients at every touchpoint of the customer lifecycle. These series of actions ensure that users squeeze the most value out of companies’ products/services to achieve the desired outcomes.
Imagine a funnel that begins with a problem and ends with the desired outcome. Customers enter the funnel and endure friction while using the service/product. If the level of conflict is substantial, they will quit (churn). To minimize that friction and offer a smooth customer experience, you need a lubricant. That lubricant is the customer success process.
Here are some key elements of a typical customer success gameplan:
The underlying idea behind kick-starting a business is to fix certain pain points. Customer success validates that idea. It ties buyers’ sentiments to business outcomes. According to a survey, 64% of founders acknowledge the positive impact of customer service on their brands’ growth. Moreover, 3 out of 5 businesses reckon it boosts customer retention.
Read on to understand primary customer success functions:
Customer success strategies come into play as soon as prospects become clients.
Customer onboarding ensures those new users get started with the tool on the right track. That involves getting the hang of the product/service, using it to best serve their demands, and understanding the features necessary to do so.
As such, your customer service agents head in the right direction as they can not only answer all of the questions and concerns but also put them to rest.
Perhaps your service/product is new to the marketplace, and prospects are not that confident about your brand. Or, maybe customers do not even know the issues they are facing, compelling you to pinpoint them and explain how your solutions can accurately tackle them.
To ensure customers are not waiting for your response to their queries, educate them about your service/product and the challenges it solves. Offer free content, including webinars, blog posts, how-to guides, emails, and case studies, to support customers throughout the journey. Plus, these resources can take some load off your customer service agents.
Customer nurturing involves strengthening relationships with customers to drive service-based growth. It emphasizes understanding and addressing people’s needs, goals, and challenges to foster customer retention and derive the most value from your solutions.
These are the ways you can nurture your customers:
Personalized interactions: Communicating with customers on their preferred channels and discussing their issues as if you are talking to your friends or family members
Proactive support: Predicting customers’ needs and reaching out to help or guide them before problems crop up via emails, phone calls, and in-app messaging
Timely issue resolution: Being responsive to support queries, escalating problems to relevant agents when necessary, and using technology to provide effective solutions
You cannot hold your customers’ hands at every stage of the customer lifecycle, but you can consistently offer them reliable customer support. The more customers utilize your product/service, the more queries and obstacles they will face.
Ensure your customer service agents are eager to help customers out whenever they get stuck. No matter how complex or simple the query is, provide prompt and accurate responses that resolve customer queries in the first encounter itself.
If your customer support agents struggle to handle requests, turn to customer service tools.
Customer churn rates reveal a lot about what did not go as planned – and why.
For instance, to determine which customers are most likely to leave, focus on multiple segments of your target audience that trickle out. That way, you can better improve your leads or place your offerings early in your conversion funnel.
Likewise, you could witness common trends arise when customers reach specific milestones while doing business with your brand. Understanding those milestones will help you improve customer experience at critical stages.
No customer service strategy is foolproof, and having people get upset due to inept customer service is inevitable. However, better turn these problems into opportunities. Follow these steps:
Customer success is considerably data-driven. While creating your customer success strategy, always keep these two questions in your mind:
Here are some crucial metrics to answer these questions:
This section will elaborate on how to devise a leakproof customer success strategy to help you boost customer experience in 2023. Whether focusing on new customers or existing ones, use the following framework to achieve the desired outcome.
How much do you actually know your customers? Why do they come to you? What are they seeking from your service/product?
Before creating any customer success strategy, know who you are trying to serve. Define what customer success means for your users – not you. This begins with communicating with your customers frequently and analyzing their needs.
Look into social media mentions, conduct a behavior analysis, or monitor usage reports to extract insights and identify customer goals. Plus, you can create ideal customer profiles (ICP) to segment your target audience.
While prospecting, you might uncover a number of end goals of customers. So, highlight the primary goals and organize them based on their popularity among customers.
Bonus tip: You can gather this data by assessing previous customer churn or by listening to customer service interactions.
Build a customer success journey map and mark the touchpoints and parts of the journey where customers might need additional assistance. Then, devise customer service strategies to eliminate obstacles throughout the journey.
For starters, ask the following questions:
At the same time, understand how your customer service agents engage with customers. Assign one agent per individual or shuffle accounts between the staff. If you have deep pockets, deploy artificial intelligence-driven customer service tools and chatbots to handle the FAQs.
Having a dedicated customer success team packed with skilled professionals indicates that you care about your customers. Moreover, it helps you strengthen relationships with customers and become their trusted advisors.
When hiring, watch out for candidates who are exceptional communicators and team players.
The customer service department, for instance, is a great place to find people fit for your CS team. They are the ones who understand the service/product inside out and know the related challenges. Plus, customer service agents are already focused on eliminating roadblocks.
You just need to re-align them to work proactively to predict challenges and empathize with buyers. Once they start working in full swing, hire rookies to add more muscle to your customer success team.
Cutting-edge automation technologies, including customer service software, help brands streamline most recurring tasks. With Features like customer agent reports, automatic replies, and progress monitoring, these tools boost the productivity of your customer service agents.
Case in point, customer service platform tools notify your customer success team when the customer satisfaction score (CSAT) is declining. As such, they can immediately reach out to inactive users and leverage the data to help them out. Such proactive actions make people feel valued as the agent contacted them before even customers considered raising support queries.
Similarly, your agents can use such tools to engage with customers and record every support interaction to provide personalized customer service.
How effective will a customer success program be if you cannot analyze its performance and identify potential growth avenues? Hence, you must have a crystal-clear picture of crucial metrics for your customer-led growth strategy.
Here are some critical customer success metrics to measure your customer service’s effectiveness:
While your brand might already have a documented customer onboarding process (great if so!), you still need to fine-tune details to optimize it.
Take it this way: You subscribed to a video editing tool, and as soon as you install it, you get clueless.
Surely, you will find out how to use the basic features later on. But what if the company guides you through the software and its complexities?
Guided onboarding is more elaborate than providing a manual and saying, “Get started.” So, offer brief training on your service/product to users in the form of:
Customer success is all about ABC – Always Be Communicating. From first “Hello!” to “How likely would you recommend us?”, stay in touch with your customers.
While you can include a lot in your customer engagement plan, better consider the following:
Besides, you can learn a ton by asking customers for feedback directly (for instance, sending customer satisfaction surveys) or gathering feedback indirectly (monitoring customer sentiments on social media and review websites).
Happy customers reveal which features make the biggest difference in their lives (personal or professional). That way, you can channel your efforts into the components and features most valuable to them.
Conversely, unhappy customers reflect the gaps in customer service that slipped under your nose. The more you realize your could-be-betters, the better you can serve future customers.
The experience you provide your clients with is what sets you apart from your competitors. If you want brand ambassadorsand not just one-time buyers for your business, having customer success management in place is critical.
From resolving queriesin record time to creating loyalty programs, customer success strategies take your customer experience to new heights. Moreover, they help you stay ahead of customers’ issues and support them throughout their time doing business with you. This, in turn, improves customer retention and satisfaction.
So, if you are only obsessed with product development instead of customer success, think again. An effective customer success roadmap is crucial to driving customer service-led growth in 2023.
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Customer success is the effort brands make to ensure companies/people make the most of their services/products to achieve their goals. The approach aims at strengthening relationships and digging deeper to understand customers’ behaviors and sentiments.
That way, the benefits brands reap from this customer success strategy include higher retention, lower acquisition costs, lesser churn, and enhanced customer lifetime value.
To build a robust customer success strategy to drive service-led growth, follow these steps:
Businesses should look for these metrics to check how well their customer success strategies are doing:
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