You need 3 kinds of Customer Success metrics. Do you have all 3?

Customer Experience, Customer Success

Customer Success + Support: A Powerful Partnership

March 24 & 25, 2020

The Belo Mansion & Pavilion, Dallas, Texas

Join Francoise at ASPs 2020 conference: Customer Success + Support: A Powerful Partnership where she will discuss this and other important topics.

Learn more about the event here and see the full agenda and speakers.

You need 3 kinds of Customer Success metrics. Do you have all 3?

By Françoise Tourniaire, Founder and Owner of FT Works and Member of the ASP Executive Advisory Board

Customer success organizations usually maintain decent internal metrics, churn rates being the centerpiece and typically including more details on renewals, upgrades, customer scorecards, onboarding performance, etc.

But that’s only one of three categories of customer success metrics, the other two being customer metrics, metrics shared with customers and used by customers, and voice-of-customer metrics, metrics used by the larger organization to improve products and strategy based on customer feedback.

Customer Metrics

It may seem inappropriate, even rude to push metrics on customers, but they love it, at least if the metrics are useful. For instance, customers like to see their progress on:

  • Usage: Are their users taking advantage of the product or service? Are certain groups or geographies heavy users? What parts of the product are most useful?
  • Training: Are users taking advantage of learning tools? Are required certifications on track?
  • Goal achievement: Are they meeting the objectives they had with the product? (This, of course, assumes that you bothered to ask them, recorded the result, and instrumented the monitoring!)
  • Support interactions: Are support requests being handled swiftly? Are bugs getting fixed and enhancement requests implemented?
  • Peer performance: How are they doing compared to other customers? Are they significantly ahead or behind in any area?

Note that many of the metrics above match what may appear in customer scorecards, but they would be presented in a way that makes sense for customers. Ideally they would be included in the customer portal and available in real time.

Voice-of-Customer Metrics

The customer success team is ideally placed to gather and structure customer input to improve internal processes. In particular:

  • Sales: Are we acquiring the right kinds of customers? What profiles of customers are best suited for long-term success? What customers are most likely to renew and expand?
  • Engineering: What products/product areas are particularly appreciated or not? This goes way beyond bugs (which presumably, would be reported from tech support’s experience) and uses support cases, CSAT ratings, and other means to probe the entire customer experience, not just bugs
  • Product marketing: What do customers want next? As for bugs, formally-recorded enhancement requests are only part of the story. Also include feedback from CSM discussions, customer boards, etc.

Are you collecting metrics for all 3 categories, customer success, customers, and voice-of-customer? Tell us about your experience.

Francoise Tourniaire blogs on customer success   and technical support topics on the FT Works website.

This post was originally published on ftworks.com

Customer Success + Support: A Powerful Partnership

March 24 & 25, 2020

The Belo Mansion & Pavilion, Dallas, Texas

Join Francoise at ASPs 2020 conference: Customer Success + Support: A Powerful Partnership where she will discuss this and other important topics.

Learn more about the event here and see the full agenda and speakers.

Related Posts

The ASP Extends Member Access to Enhanced Support Industry Research

The Association of Support Professionals (ASP) and ServiceXRG are pleased to announce a partnership to enhance and extend the quality and availability of support industry research. Through this partnership, ServiceXRG and the ASP will collaborate on the development of new Support industry research studies and extend access to research reports, playbooks and articles to ASP members.

Improve Customer Experiences by Understanding What Users Want and Need

The ability for a service organization to maintain an acceptable level of customer satisfaction and deliver a reasonable customer experience begins with a company’s understanding of what its customers need, want, and expect. When customer expectations are not well known or more importantly not managed – the instances of dissatisfaction will rise. This article describes the factors that affect customer satisfaction and experience levels.

Salesforce Trailhead

Salesforce Trailhead is a self-paced, online learning platform provided for free to anyone. The platform offers learning on a growing portfolio of Salesforce topics, as well as a variety of other non-Salesforce-specific skills individuals need to be successful in today’s technology landscape. For some companies walking away from training revenue would be unthinkable. This is a bold customer-success focused strategy with benefits to Salesforce, Salesforce professionals and anyone that wants to develop technical and professional skills. Learn more about Salesforce Trailhead.

First Contact Resolution (FCR) Benchmarks

The industry average First Contact Resolution rate is 53.7%, an interesting yet meaningless number for determining what your FCR performance level should be. First contact closure is influenced by so many factors that an industry-wide average does not provide a sufficiently accurate benchmark from which to determine what your FCR performance level should be. Benchmarks at best suggest the “vicinity” for your performance. This article offers industry average FCR rates organized by common product characteristics to offer a guideline for suggesting FCR performance levels.

Taking the Top Ten Report Into a New Era

This year was our 21st competition of support websites and based on the learning from all these past years, we made significant changes to our scoring model. With the 2019 Top Ten Report soon to be published, we’re excited to announce some changes and improvements to the report itself and ASP as a whole which will help deliver ever more value to our members.