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3 Sure Fire Tips to Retain & Grow Customers April 2012
15

Totango 3 tips to grow retain customers

Nov 22, 2014

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Totango

 
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Page 1: Totango 3 tips to grow retain customers

3 Sure Fire Tipsto

Retain & GrowCustomers

April 2012

Page 2: Totango 3 tips to grow retain customers

Revenue Acceleration throughout the Lifecycle

drive conversion

grow lifetime value

boost retention

1.4 Million Businesses Analyzed and Optimized

Page 3: Totango 3 tips to grow retain customers

The Goal

Negative Churn >100% Renewal Rate

Page 4: Totango 3 tips to grow retain customers

1

Focus on Customer Engagement

Page 5: Totango 3 tips to grow retain customers

Engagement = Customer Spending

Customer Actions Speak Loudest

Real Time Streams

Time spentActive usersFeatures usedRelative engagement

Attributes

Tickets submittedBills paid

Referrals madeWebinars attended

Page 6: Totango 3 tips to grow retain customers

4/10

Fun Fact # 1

Free trial users who are still active during day three of their trial were four times more likely to convert into paying users than the average customer

Did you know that:

Page 7: Totango 3 tips to grow retain customers

6/10

Fun Fact #2

A full half of paid SaaS customers log in less than once a month or do not use their paid service at all.

Did you know that:

Page 8: Totango 3 tips to grow retain customers

8/10

Fun Fact #3

Most cancellations were preceded by a period of non-use

Did you know that:

Page 9: Totango 3 tips to grow retain customers

2

Build a Customer Success Team

Page 10: Totango 3 tips to grow retain customers

Customer Support > Customer Success

Help Customers Be Successful

Sales Engineering

DocumentationCustomer Support

Pro Services

Page 11: Totango 3 tips to grow retain customers

3

Deliver Personalized Content

Page 12: Totango 3 tips to grow retain customers

Right Content at The Right Time

Next Best Action based on User Actions

E-mail

Call

In-App

Coaching

Knowledge Base

How-To

Page 13: Totango 3 tips to grow retain customers

Drive Engagement to Accelerate Revenues

Collect usage and digital interaction signals.

Build smart profile for each user and smart segments of accounts based on user actions

Take the right engagement action suitable for each user/customer.

Page 15: Totango 3 tips to grow retain customers

Thank You!

Dominique LevinVP Marketing, Totango

@totango@nextgencmo

[email protected]