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Increase Renewal Probability by 30% with Customer Health Scores!

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Manage episode 445770847 series 3460873
Inhalt bereitgestellt von Irit Eizips & CSM Practice, Irit Eizips, and CSM Practice. Alle Podcast-Inhalte, einschlieรŸlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Irit Eizips & CSM Practice, Irit Eizips, and CSM Practice oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschรผtztes Werk ohne Ihre Erlaubnis nutzt, kรถnnen Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

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How can improving customer health scores increase renewal probability by 30%? This is crucial for business executives as it directly impacts customer retention, revenue growth, and the ability to forecast churn. Understanding and leveraging health scores allows executives to implement proactive engagement strategies, ultimately leading to a more robust and successful customer success program.
Click here to watch the interview on YouTube!
๐‡๐ˆ๐†๐‡๐‹๐ˆ๐†๐‡๐“๐’
- Discover methods to identify red flags early and engage customers proactively to prevent churn and ensure long-term satisfaction.
- Understand how accurate health scoring can help forecast renewals and provide visibility into future revenue, allowing for better strategic planning.
- Insights on the importance of cross-departmental buy-in, especially from product and sales teams, to ensure the success of health score initiatives.
๐€๐๐Ž๐”๐“ ๐Ž๐”๐‘ ๐†๐”๐„๐’๐“
Tyler has spent the last 10 years building technical Customer Success programs from scratch. He specializes in getting Seed Round or Series A companyโ€™s Customer Success programs off the ground. Tyler is both directly engaged with customers and supporting a team of 3 Customer Success Engineers in his current role.
๐Ÿ”— You may connect with Tyler via LinkedIn.
๐”๐’๐„๐…๐”๐‹ ๐‹๐ˆ๐๐Š๐’
๐Ÿ“‘ Read: The Outcome Generation
๐ŸŽ™๏ธ Listen: What Now? With Trevor Noah
๐ŸŽ™๏ธ Listen: No Laying Up

๐Ÿ‘‰๐Ÿป Whenever youโ€™re ready...If you're an ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฆ๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ ๐˜ฆ๐˜น๐˜ฆ๐˜ค๐˜ถ๐˜ต๐˜ช๐˜ท๐˜ฆ ๐˜ฃ๐˜ถ๐˜ช๐˜ญ๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ข ๐˜Š๐˜š๐˜” ๐˜ฑ๐˜ณ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ค๐˜ฆ ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ง๐˜ช๐˜ณ๐˜ด๐˜ต ๐˜ต๐˜ช๐˜ฎ๐˜ฆ, there are 3 powerful ways I can help you fast-track success while avoiding common pitfalls:
1๏ธโƒฃ ๐™Ž๐™ฉ๐™š๐™–๐™ก ๐™ˆ๐™ฎ ๐˜พ๐™ช๐™จ๐™ฉ๐™ค๐™ข๐™š๐™ง ๐™Ž๐™ช๐™˜๐™˜๐™š๐™จ๐™จ ๐™†๐™‹๐™„ ๐˜พ๐™๐™š๐™–๐™ฉ๐™จ๐™๐™š๐™š๐™ฉ
Track key KPIs to boost CSM performance. Grab my cheatsheet to focus on metrics that matterโ€”scale smarter & grow revenue. Click here to download.

2๏ธโƒฃ ๐™…๐™ค๐™ž๐™ฃ 11,000+ ๐˜ฝ2๐˜ฝ ๐™€๐™ญ๐™š๐™˜๐™ช๐™ฉ๐™ž๐™ซ๐™š๐™จ ๐™–๐™ฃ๐™™ ๐™‡๐™š๐™–๐™™๐™š๐™ง๐™จ
I share strategic insights & practical tools to help you hit your quarterly goals faster while scaling your CS operations efficiently. Donโ€™t navigate this alone - tap into a thriving community of leaders who are optimizing their CS strategies & driving serious impact. Click here to join.

3๏ธโƒฃ ๐˜ฝ๐™ช๐™ž๐™ก๐™™๐™ž๐™ฃ๐™œ ๐™ค๐™ง ๐™‡๐™š๐™–๐™™๐™ž๐™ฃ๐™œ ๐™– ๐˜พ๐™Ž๐™ˆ ๐™๐™š๐™–๐™ข ๐™›๐™ค๐™ง ๐™ฉ๐™๐™š ๐™๐™ž๐™ง๐™จ๐™ฉ ๐™๐™ž๐™ข๐™š?
Building a CS practice for the first time doesnโ€™t have to feel like an uphill battle. With the right frameworks, you can achieve results faster than you think. I help experienced executives build a proactive, high-performing CS teamโ€”without the guesswork & costly missteps of figuring it out alone. Learn more.

๐Ÿ“Œ Visit our Website - CSM Practice

  continue reading

Kapitel

1. Intro (00:00:00)

2. Company Overview (00:02:21)

3. Customer Segments (00:04:46)

4. Initial Challenges (00:07:18)

5. Business Impact (00:08:27)

6. Health Score Components (00:11:07)

7. Tracking Outcomes (00:13:12)

8. Success Plan Template (00:15:37)

9. Onboarding New CSMs (00:17:31)

10. Success Paths for Each Outcome (00:18:17)

11. Embedding Health Score in CRM (00:19:38)

12. Health Score VS Renewals (00:21:07)

13. Getting the Team On Board (00:22:27)

14. Future Improvements (00:23:41)

15. Tips for Implementation (00:26:13)

135 Episoden

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iconTeilen
 
Manage episode 445770847 series 3460873
Inhalt bereitgestellt von Irit Eizips & CSM Practice, Irit Eizips, and CSM Practice. Alle Podcast-Inhalte, einschlieรŸlich Episoden, Grafiken und Podcast-Beschreibungen, werden direkt von Irit Eizips & CSM Practice, Irit Eizips, and CSM Practice oder seinem Podcast-Plattformpartner hochgeladen und bereitgestellt. Wenn Sie glauben, dass jemand Ihr urheberrechtlich geschรผtztes Werk ohne Ihre Erlaubnis nutzt, kรถnnen Sie dem hier beschriebenen Verfahren folgen https://de.player.fm/legal.

Send us a text

How can improving customer health scores increase renewal probability by 30%? This is crucial for business executives as it directly impacts customer retention, revenue growth, and the ability to forecast churn. Understanding and leveraging health scores allows executives to implement proactive engagement strategies, ultimately leading to a more robust and successful customer success program.
Click here to watch the interview on YouTube!
๐‡๐ˆ๐†๐‡๐‹๐ˆ๐†๐‡๐“๐’
- Discover methods to identify red flags early and engage customers proactively to prevent churn and ensure long-term satisfaction.
- Understand how accurate health scoring can help forecast renewals and provide visibility into future revenue, allowing for better strategic planning.
- Insights on the importance of cross-departmental buy-in, especially from product and sales teams, to ensure the success of health score initiatives.
๐€๐๐Ž๐”๐“ ๐Ž๐”๐‘ ๐†๐”๐„๐’๐“
Tyler has spent the last 10 years building technical Customer Success programs from scratch. He specializes in getting Seed Round or Series A companyโ€™s Customer Success programs off the ground. Tyler is both directly engaged with customers and supporting a team of 3 Customer Success Engineers in his current role.
๐Ÿ”— You may connect with Tyler via LinkedIn.
๐”๐’๐„๐…๐”๐‹ ๐‹๐ˆ๐๐Š๐’
๐Ÿ“‘ Read: The Outcome Generation
๐ŸŽ™๏ธ Listen: What Now? With Trevor Noah
๐ŸŽ™๏ธ Listen: No Laying Up

๐Ÿ‘‰๐Ÿป Whenever youโ€™re ready...If you're an ๐˜ฆ๐˜น๐˜ฑ๐˜ฆ๐˜ณ๐˜ช๐˜ฆ๐˜ฏ๐˜ค๐˜ฆ๐˜ฅ ๐˜ฆ๐˜น๐˜ฆ๐˜ค๐˜ถ๐˜ต๐˜ช๐˜ท๐˜ฆ ๐˜ฃ๐˜ถ๐˜ช๐˜ญ๐˜ฅ๐˜ช๐˜ฏ๐˜จ ๐˜ข ๐˜Š๐˜š๐˜” ๐˜ฑ๐˜ณ๐˜ข๐˜ค๐˜ต๐˜ช๐˜ค๐˜ฆ ๐˜ง๐˜ฐ๐˜ณ ๐˜ต๐˜ฉ๐˜ฆ ๐˜ง๐˜ช๐˜ณ๐˜ด๐˜ต ๐˜ต๐˜ช๐˜ฎ๐˜ฆ, there are 3 powerful ways I can help you fast-track success while avoiding common pitfalls:
1๏ธโƒฃ ๐™Ž๐™ฉ๐™š๐™–๐™ก ๐™ˆ๐™ฎ ๐˜พ๐™ช๐™จ๐™ฉ๐™ค๐™ข๐™š๐™ง ๐™Ž๐™ช๐™˜๐™˜๐™š๐™จ๐™จ ๐™†๐™‹๐™„ ๐˜พ๐™๐™š๐™–๐™ฉ๐™จ๐™๐™š๐™š๐™ฉ
Track key KPIs to boost CSM performance. Grab my cheatsheet to focus on metrics that matterโ€”scale smarter & grow revenue. Click here to download.

2๏ธโƒฃ ๐™…๐™ค๐™ž๐™ฃ 11,000+ ๐˜ฝ2๐˜ฝ ๐™€๐™ญ๐™š๐™˜๐™ช๐™ฉ๐™ž๐™ซ๐™š๐™จ ๐™–๐™ฃ๐™™ ๐™‡๐™š๐™–๐™™๐™š๐™ง๐™จ
I share strategic insights & practical tools to help you hit your quarterly goals faster while scaling your CS operations efficiently. Donโ€™t navigate this alone - tap into a thriving community of leaders who are optimizing their CS strategies & driving serious impact. Click here to join.

3๏ธโƒฃ ๐˜ฝ๐™ช๐™ž๐™ก๐™™๐™ž๐™ฃ๐™œ ๐™ค๐™ง ๐™‡๐™š๐™–๐™™๐™ž๐™ฃ๐™œ ๐™– ๐˜พ๐™Ž๐™ˆ ๐™๐™š๐™–๐™ข ๐™›๐™ค๐™ง ๐™ฉ๐™๐™š ๐™๐™ž๐™ง๐™จ๐™ฉ ๐™๐™ž๐™ข๐™š?
Building a CS practice for the first time doesnโ€™t have to feel like an uphill battle. With the right frameworks, you can achieve results faster than you think. I help experienced executives build a proactive, high-performing CS teamโ€”without the guesswork & costly missteps of figuring it out alone. Learn more.

๐Ÿ“Œ Visit our Website - CSM Practice

  continue reading

Kapitel

1. Intro (00:00:00)

2. Company Overview (00:02:21)

3. Customer Segments (00:04:46)

4. Initial Challenges (00:07:18)

5. Business Impact (00:08:27)

6. Health Score Components (00:11:07)

7. Tracking Outcomes (00:13:12)

8. Success Plan Template (00:15:37)

9. Onboarding New CSMs (00:17:31)

10. Success Paths for Each Outcome (00:18:17)

11. Embedding Health Score in CRM (00:19:38)

12. Health Score VS Renewals (00:21:07)

13. Getting the Team On Board (00:22:27)

14. Future Improvements (00:23:41)

15. Tips for Implementation (00:26:13)

135 Episoden

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