Transcript
Page 1: Driving Customer Success in the Subscription Economy by Nick Mehta, CEO of Gainsight

Sept

2013

Driving Customer Success in the

Subscription Economy

Nick Mehta

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My DadMe

(Looking Cool)

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“In Enterprise Software You

Either…”

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Build a Product

Or Sell It

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2 Learnings

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Everyone Says 90-Something

Retention

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Retention Takes Work

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success noun \sek-’ses\

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Why? What? How?

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Why?

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Per-Year Per-Cycle Per-Click

The Subscription Economy

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Friction for a Customer to Join

Friction for a Customer to

Leave

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VendorSuccess

CustomerSuccess

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VendorSuccess

CustomerSuccess

VendorSuccess

CustomerSuccess

VendorSuccess

CustomerSuccess

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What?

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What’s Really Changed?

• Case-driven• Efficiency metrics• Cost center• Support function• Responsive

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What’s Really Changed?

• Case-driven• Efficiency metrics• Cost center• Support function• Responsive

• Health-driven• Success metrics• Revenue driver• Strategic function• Proactive

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How?

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Starts With Culture

Sales Gong

Customer Success Gong

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3 Steps to Success

1. Create org2. Measure customer health3. Standardize approach

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1. Org: Everyone Owns It

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1. Org: Firefighters

CEO

Sales Services

Customer Success

Management

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1. Org: Sales-Oriented

CEO

Sales

CSM / Renewals /

Account Management

Services

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1. Org: Service-Oriented

CEO

Sales Services

Customer Success

Management

Professional Services Training Onboarding Support

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1. Org - Integrated

CEO

New Business Sales

Chief Customer

Officer

Renewals / Account

Management

Customer Success

Management

Professional Services Training Onboarding Support

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1. Org - Partnership

CEO

Sales

Renewals / Account

Management

Services

Customer Success

Management

Professional Services Training Onboarding Support

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1. Org – Where Do You Fit?

Business Maturity

Pro

du

ct

Com

ple

xit

y

Firefighter

Sales-Oriented

Service-Oriented

Integrated Model

Partnership Model

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2. Measure Customer Health

Financial Health: Payment history, credit score

Contract: Term, spend

Relationship: Surveys, key sponsors

Adoption: Usage, features

Interaction: Support, other contacts, social

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3. Standardize Approach

High Touch

Low Touch

No Touch

JUST-IN-TIME

AUTOMATION

PROACTIVE

STRATEGY

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Gainsight

COMMON CHALLENGES

•Identifying at-risk customers early

•Scaling team cost—effectively

•Finding up-sells and advocates

•Consolidating 360º view of customer

•Getting time from internal IT team

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Approach

High Touch

Low Touch

No Touch

Drive Up-Sell

JUST-IN-TIME

AUTOMATION

PROACTIVE

Scale Customer Success

STRATEGY

Save Customers

ROI

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Thank You!

You


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