During an economic downturn (and uptick), your customer success strategy should focus on how to maintain and increase customer lifetime value. How do successful organizations do this?
Monitor customer health
Review customer health data to spot at-risk accounts likely to churn. Identify customers in good health and ensure they reach their goals.
Seize opportunities for growth
Pinpoint opportunities within accounts that will positively impact customer retention and pursue cross-sell/upsell opportunities in a timely manner.
Increase engagement with customers
Communicate with customers via email, in-app, and automated videos to stay connected to their business.
Quickly launch out-of-the-box CS programs with Totango SuccessBLOCs designed to help you achieve your goals. Each pre-built module, such as Detect Risk and Analyze Customer Health, contains relevant reports, automated workflows, and more to help you be successful.
Acquiring new customers costs more than investing in your current customer portfolio. Now, more than ever, you have to take steps to solidify your customer relationships and strengthen your retention and expansion efforts to weather uncertain economic times.
Don’t take our word for it, we’ve partnered with our customers to deliver incredible customer experiences and drive results!
Seamlessly connect all sources of customer data to uncover a 360-degree, multidimensional view of your customers.
Rest assured that your customer data is safe and secure in Totango while you get to work to reduce customer churn and increase net revenue retention