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How to Keep Customers from Churning When Renewal Budgets Are Tight ft. Gillian Heltai, CCO (Lattice)

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Content provided by Josh Schachter - UpdateAI. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josh Schachter - UpdateAI or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When every other business is cutting costs, it has become more important than ever to retain your customers.
With a focus on retaining customers, Gillian Heltai, CCO of Lattice shares insights on her 2x2 framework to help you assess customer health and put in place strategies to retain customers during the downturn.
Key Highlights
- Tech downturn impacting budgets and renewal cycles
- An economic framework for customer retention strategies
- Assessing value: ask, adoption metrics, health score
- Determining business health: ask customers, and analyze data
- North Star Metric: health score elements, product adoption
- Focus on best customers, reinforce value, gather resources
- Health score drives customer engagement and retention
- Helping customers during the crisis to retain advocates.

We spend more of our time on the value than we do on the health of the customer." - Gillian Heltai
Check out the framework: https://www.emcap.com/thoughts/playbook-for-retaining-customers-in-an-economic-downturn/
πŸ‘‰ Get the advice and insights you need to thrive in Customer Success. Subscribe to the CS Insider Newsletter
πŸ‘‰ Sign up for
UpdateAI - the only Zoom virtual assistant for customer-facing teams.

πŸ‘‰ Be the first to know when a new episode of Unchurned is dropped. Sign up for our newsletter at https://blog.update.ai/

πŸ‘‰ Josh would love to connect to hear your feedback & suggestions. Get in touch with him on Linkedin.
πŸ‘‰ Get the advice and insights you need to thrive in Customer Success.
Subscribe to the CS Insider Newsletter


  continue reading

114 episodes

Artwork
iconShare
 
Manage episode 373116188 series 3373995
Content provided by Josh Schachter - UpdateAI. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josh Schachter - UpdateAI or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When every other business is cutting costs, it has become more important than ever to retain your customers.
With a focus on retaining customers, Gillian Heltai, CCO of Lattice shares insights on her 2x2 framework to help you assess customer health and put in place strategies to retain customers during the downturn.
Key Highlights
- Tech downturn impacting budgets and renewal cycles
- An economic framework for customer retention strategies
- Assessing value: ask, adoption metrics, health score
- Determining business health: ask customers, and analyze data
- North Star Metric: health score elements, product adoption
- Focus on best customers, reinforce value, gather resources
- Health score drives customer engagement and retention
- Helping customers during the crisis to retain advocates.

We spend more of our time on the value than we do on the health of the customer." - Gillian Heltai
Check out the framework: https://www.emcap.com/thoughts/playbook-for-retaining-customers-in-an-economic-downturn/
πŸ‘‰ Get the advice and insights you need to thrive in Customer Success. Subscribe to the CS Insider Newsletter
πŸ‘‰ Sign up for
UpdateAI - the only Zoom virtual assistant for customer-facing teams.

πŸ‘‰ Be the first to know when a new episode of Unchurned is dropped. Sign up for our newsletter at https://blog.update.ai/

πŸ‘‰ Josh would love to connect to hear your feedback & suggestions. Get in touch with him on Linkedin.
πŸ‘‰ Get the advice and insights you need to thrive in Customer Success.
Subscribe to the CS Insider Newsletter


  continue reading

114 episodes

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