customer-success-in-tech-final - bain & company · 2019-11-08 · leaders are 29% more likely...

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SECRETS OF CUSTOMER SUCCESS LEADERS Stay a step ahead of problems Leaders are 46% more likely to use predictive analytics to identify accounts at risk Make it easy for customers to manage Leaders are 30% more likely to offer digital self-service tools to customers CONFIRM Work well together Leaders are 24% more likely to say they are well coordinated across customer-facing functions Have the right attitude Leaders are 24% more likely than learners to say their people have a customer-first attitude Have a holistic view Leaders are 29% more likely to have a 360-degree view of customer data Leaders make better use of their time When compared with customer success learners, leaders spent: 36% more time 47% less time Monitoring adoption Building customer relationships Proactively checking in Dealing with support issues and escalations ? ! Tech firms have work to do on customer success Bain surveyed 70 customer success leaders at tech companies and found that … 5 18 31 16 0 Not at all effective Somewhat effective Extremely effective Learners Leaders Fewer than 1/4 describe themselves as “extremely effective” What Separates Customer Success Leaders in Tech? How technology vendors can make sure their customers are capturing the most value from their products and services Notes: We asked customer success leaders to rank their customer success functions on a scale from “1 – Not At All Effective” to “5 – Extremely Effective”; we defined leaders as those who rated themselves as “5 - Extremely Effective,” and learners as those who rated themselves as “2” or “3 - Somewhat Effective”; research partner Dynata provided a portion of the responses

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Page 1: Customer-Success-in-Tech-FINAL - Bain & Company · 2019-11-08 · Leaders are 29% more likely to have a 360-degree view of customer data Leaders make better use of their time When

SECRETS OF CUSTOMER SUCCESS LEADERS

Stay a step ahead of problems Leaders are 46% more likely to use predictive analyticsto identify accounts at risk

Make it easy for customers to manage Leaders are 30% more likely to offer digital self-servicetools to customers

CONFIRM

Work well togetherLeaders are 24% more likely to say they are well coordinatedacross customer-facing functions

Have the right attitude Leaders are 24% more likely than learners to say their peoplehave a customer-first attitude

Have a holistic viewLeaders are 29% more likely to have a 360-degree viewof customer data

Leaders make better use of their timeWhen compared with customer success learners, leaders spent:

36%moretime

47%lesstime

Monitoring adoption

Building customer

relationships

Proactively checking in

Dealing with support issues and escalations

? !

Tech firms have work to do on customer successBain surveyed 70 customer success leaders at tech companies and found that …

5

18

31

16

0

Not at all effective Somewhat effective Extremely effective

Learners

Leaders

Fewer than 1/4describe

themselves as“extremely effective”

What Separates Customer Success Leaders in Tech?

How technology vendors can make sure their customers are capturing the most value from their products and services

Notes: We asked customer success leaders to rank their customer success functions on a scale from “1 – Not At All Effective” to “5 – Extremely Effective”; we defined leaders as those who rated themselves as “5 - Extremely Effective,” and learners as those who rated themselves as “2” or “3 - Somewhat Effective”; research partner Dynata provided a portion of the responses