Pulse London 2019 – Day 2 Notes

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Session 1: Human First Products

With choice, comes power

Customers are on the driver’s seat, not vendors

New Cycle

Adopt -> Retain -> Expand ->Advocate

Customer wants deliverable outcomes to see business value

Session 2: How can you streamline Net Retention? Let Us Count the ways

  • One team on retention, one team cross/upsell
  • Indicators to help identify upsell cross sell
    • Customer landscape
    • What’s the history
    • What are they investing
    • What are they counting on to grow
  • Implications for your company
    • What are customer strategic initiatives
    • What initiatives do we help support today
    • What strategic initiatives could we further support?
  • Start with the problem
  • Acct Planning – keep it simple, 
  • Leverage Marketing – marketing automation for scale across customer base as early as possible
  • Align Models where any overlay exists to drive performance
Continue reading “Pulse London 2019 – Day 2 Notes”

Pulse London 2019 – Day 1 Notes

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Session 1: Customer Success 20/20

  • Use attrition, not churn
  • CS is mostly tech, within 3 years expect the real boom in CS industry, CS will move to non-tech companies soon
  • Close to the breaking the glass ceiling
  • VC funded companies has more recognition towards CS
  • Think about moving to Customer Growth from Customer success
  • It’s customer economy now, not a sales/product driven economy, no barrier for entry more competitors
  • Be customer growth leader

Session 2: Improve Your On-Time Renewal Rate by Creating a Best In-Class Practices

  • Define Ideal Customer Profile
  • Define time to value/time to first value
  • Desired Outcomes
  • Weekly Renewals Meeting
  • Growth Profiles
  • Renewal Managers <-> Buying Persona
  • Study psychology of sales during renewal process
  • Don’t play safe just to renew, don’t miss the opportunity
  • Add automatic price increase to the initial contract – 3%, 5% 
  • Think about charging for late renewal signature date
  • QBR 1 – should be about adoption after 90 days of signature
  • QBR 2 – Start discussing the Renewal/Growth
Continue reading “Pulse London 2019 – Day 1 Notes”