Four Ways to Reduce Churn and Create a Companywide Culture of Customer Success

Four Ways to Reduce Churn and Create a Companywide Culture of Customer Success

Customer Experience — Wed., Oct. 13, 2021

To reduce customer churn, it's important for every department of a company to be invested in customer success. Marketing should focus on generating leads that fit the ideal customer profile, while Sales should actively vet and quickly reject poor-fit leads. It's also important to balance product stability with new feature releases, and to provide business acumen training to customer success and account management teams. Finally, the support team should be given an elevated standing and recognized for their valuable insights into customer temperature and likelihood of churn.

Every department has an important role to play in preventing or reducing customer churn. Before a customer is onboarded, Marketing should be laser-focused on generating leads that fit the ideal customer profile, while Sales should thoroughly document a prospect's requirements. Engineering and product teams should be aware of how fast they are moving, and customer success and account management teams should receive business acumen training. Finally, the support team should be given an elevated standing and listened to for their valuable insights into customer temperature and likelihood of churn.

In order to reduce customer churn, it's important to have a company-wide cultural and behavioral mindset dedicated to customer success. Marketing should generate leads that fit the ideal customer profile, Sales should vet and reject poor-fit leads, Engineering and product teams should balance stability and new feature releases, and customer success and account management teams should be taught business acumen. Lastly, the support team should be given an elevated standing and listened to for their insights into customer temperature and likelihood of churn.

... continue reading below
Sign up for free to read the full article.
Enter your email address to continue reading

Four Ways to Reduce Churn and Create a Companywide Culture of Customer Success

Don't worry ... it's FREE!

Already a member? Sign in now.

Related Articles

Personalization: The Secret Weapon B2B Companies Are Not Using

Personalization: The Secret Weapon B2B Companies Are Not Using

Discover the power of personalization in B2B marketing. Learn how personalization tech, tools, and tactics can transform campaigns and boost customer engagement and conversions. Read more.

Here They Come! B2B Marketing in a Gen Z World

Here They Come! B2B Marketing in a Gen Z World

Explore essential B2B marketing approaches for engaging and connecting with the next generation of B2B buyers—a digital-first generation that values authenticity and seamless customer experience. Learn more.

The Psychology of Persuasion: Understanding Customer Behavior in Marketing

The Psychology of Persuasion: Understanding Customer Behavior in Marketing

Learning about the psychological tool of persuasion—and how best to use it in your marketing materials—can serve as a powerful pathway to influencing customer behavior, relationships, and sales. Get started here.

Digital Communities vs. Social Media: Stop Building Brands on Leased Land

Digital Communities vs. Social Media: Stop Building Brands on Leased Land

By making community a core part of your strategy, your brand can create better products and achieve higher engagement and retention rates. But building your community on someone else's platform is full of risk.

Three Online Community Management Challenges B2B Brands Face

Three Online Community Management Challenges B2B Brands Face

Today, most people expect brands to foster open channels that enable businesses to actively listen to feedback, address concerns promptly, and personalize user experience. A channel that has proven adept at doing all that and more is a brand online community.

How to Build Customer Trust and Deliver Personalized Marketing With User-Centric Privacy Practices

How to Build Customer Trust and Deliver Personalized Marketing With User-Centric Privacy Practices

How do you strike the right balance between delivering personalized marketing experiences and protecting user privacy? Is it a zero-sum game in which one goal undermines the other, or can they harmoniously coexist?

Subscribe to the MarketingProfs Today newsletter