the secret to rapid growth in any market: take your company to the next level with customer success

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THE SECRET TO RAPID GROWTH IN ANY MARKET

Lincoln Murphy, FounderSixteen Ventures

Take your company to the next levelwith Customer Success

Lincoln Murphy@lincolnmurphy

3 FUN FACTS ABOUT LINCOLN

Fun Fact #1

Fun Fact #2

Fun Fact #3

Take your company to the next level with

Customer Success

Who’s heard ofCustomer Success

before today?

Copyright © 2015 Sixteen Ventures. All rights reserved.

HandRaisingClinic!

Who’s heard ofCustomer Success

before today?

Copyright © 2015 Sixteen Ventures. All rights reserved.

Who has aRecurring Revenue

Business?

Copyright © 2015 Sixteen Ventures. All rights reserved.

Who intends to dobusiness with a customermore than one time?

Copyright © 2015 Sixteen Ventures. All rights reserved.

The initial sale is critical, but it’s just the tip of the iceberg

Develop a Sense of Urgencyaround Value Delivery

Copyright © 2015 Sixteen Ventures. All rights reserved.

When your customers achieve their Desired

Outcome through their interactions with your

company, that is customer success.

Copyright © 2015 Sixteen Ventures. All rights reserved.

Copyright © 2015 Sixteen Ventures. All rights reserved.

VS.

ReadyWillingAbleAcquisition EfficiencySuccess PotentialExpansion PotentialAdvocacy Potential

Copyright © 2015 Sixteen Ventures. All rights reserved.

Ideal Customer Profile

Ideal Customer ProfileReadyWillingAbleAcquisition EfficiencySuccess PotentialExpansion PotentialAdvocacy Potential

Copyright © 2015 Sixteen Ventures. All rights reserved.

Desired Outcome is Transformational1. Acquire the Best Customers2. Engage & Deliver Value Quickly3. Expand Their Investment4. Mobilize your Advocates5. Retain & Renew Customers

Copyright © 2015 Sixteen Ventures. All rights reserved.

1. ACQUIRE THE RIGHT CUSTOMERS

Copyright © 2015 Sixteen Ventures. All rights reserved.

2. ENGAGE & DELIVER VALUE QUICKLY

Copyright © 2015 Sixteen Ventures. All rights reserved.

Copyright © 2015 Sixteen Ventures. All rights reserved.

Success Milestones

3. EXPAND THEIR INVESTMENT

Copyright © 2015 Sixteen Ventures. All rights reserved.

4. MOBILIZE YOUR ADVOCATES

Copyright © 2015 Sixteen Ventures. All rights reserved.

5. RETAIN & RENEW CUSTOMERS

Copyright © 2015 Sixteen Ventures. All rights reserved.

WHAT ABOUT CHURN?

Copyright © 2015 Sixteen Ventures. All rights reserved.

For a Deep-Dive on Customer Success

http://sixteenventures.com/pipelinedeals

“The purpose of business is to create and keep a

customer.”

For a Deep-Dive on Customer Success

http://sixteenventures.com/pipelinedeals

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