the secret to rapid growth in any market: take your company to the next level with customer success
TRANSCRIPT
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?
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HandRaisingClinic!
Who’s heard ofCustomer Success
before today?
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Who has aRecurring Revenue
Business?
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Who intends to dobusiness with a customermore than one time?
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The initial sale is critical, but it’s just the tip of the iceberg
Develop a Sense of Urgencyaround Value Delivery
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When your customers achieve their Desired
Outcome through their interactions with your
company, that is customer success.
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Copyright © 2015 Sixteen Ventures. All rights reserved.
VS.
ReadyWillingAbleAcquisition EfficiencySuccess PotentialExpansion PotentialAdvocacy Potential
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Ideal Customer Profile
Ideal Customer ProfileReadyWillingAbleAcquisition EfficiencySuccess PotentialExpansion PotentialAdvocacy Potential
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Desired Outcome is Transformational1. Acquire the Best Customers2. Engage & Deliver Value Quickly3. Expand Their Investment4. Mobilize your Advocates5. Retain & Renew Customers
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1. ACQUIRE THE RIGHT CUSTOMERS
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2. ENGAGE & DELIVER VALUE QUICKLY
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Copyright © 2015 Sixteen Ventures. All rights reserved.
Success Milestones
3. EXPAND THEIR INVESTMENT
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4. MOBILIZE YOUR ADVOCATES
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5. RETAIN & RENEW CUSTOMERS
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WHAT ABOUT CHURN?
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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