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Get your product and customer success teams on the same page to improve net retention • TechCrunch

Real Hacker Staff by Real Hacker Staff
November 21, 2022
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Bryan Home is the SVP of product and buyer success at Elastic Path, the place he leads the UX, product administration, enablement and buyer success groups.

It’s simple to say issues like “We’re buyer obsessed,” however statements like which are arduous to really execute. In lots of corporations, the product and buyer success groups are separate entities, and once they don’t work collectively, there’ll come up a dynamic that may trigger all types of issues for the shopper, which might result in dissatisfaction and churn.

Most corporations can’t afford these points in an financial downturn. Defending and rising your present buyer base is essentially the most cost-efficient and expedient path to success for each you and your clients. At a time when clients are slowing down, if not halting, their adoption of latest initiatives, serving to them obtain extra from their present investments is a successful components for progress.

Combining the product and buyer success features right into a buyer experience-focused (dare I say, obsessed) workforce is the perfect path ahead for SaaS corporations trying to nurture comfortable clients, construct higher merchandise and generate extra income from present clients.

Right here’s only one instance of how a siloed workforce strategy can go mistaken. In some corporations, the shopper might face a dozen hand-offs between signing the contract and attending to their implementation. At one in every of my earlier corporations, there have been 14 hand-offs between completely different purposeful teams, together with gross sales, onboarding, buyer assist, skilled providers and account managers.

As we speak, clients can cancel at any time, so you will need to earn your seat on the desk together with your buyer each single day, and there’s no room for any missteps.

That many hand-offs creates an enormous margin for error within the buyer expertise — to not point out an absence of possession when one thing goes mistaken. Most significantly, you miss out on precious insights into how your merchandise and buyer experiences can enhance, leaving your clients questioning simply how a lot you’re invested of their success when they’re considering critically about their most vital distributors.

This instance and plenty of different anecdotes from the sphere present that separate buyer success and product groups create misaligned incentives between teams. Listed below are a couple of different explanation why and the way you need to unite forces right into a single buyer expertise workforce.

The why: Prospects actually simply need to speak about your product

Prospects purchase your product as a result of they imagine in your imaginative and prescient, your standpoint on fixing issues they’ve, the capabilities of your know-how and the guarantees you make for the long run. Now it’s a must to ship on these expectations.

For contemporary SaaS corporations, “touchdown” the shopper is simply step one, nevertheless it wasn’t all the time that means. Up to now, perpetual license corporations captured the lion’s share of their whole income up entrance when the contract was signed. Upkeep income was good to have, nevertheless it was peanuts in comparison with the preliminary contract worth. Because of this, there wasn’t a lot threat over the lifetime of the shopper. Because of this, product groups discovered themselves largely disconnected from clients and sometimes relied on exterior analysis or second-hand data on what clients wanted as an alternative of precise buyer suggestions.



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