Driving value through Customer Advocacy for your SaaS Business - Deepstash

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Simply hoping that your customers will renew is not enough. Instead, you need to work towards that goal from the start using customer advocacy.

CUSTOMERTHINK

Driving value through Customer Advocacy for your SaaS Business

Driving value through Customer Advocacy for your SaaS Business

customerthink.com

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Creating customer advocates for your brand

Customer advocacy is one of the best ways to grow your business. Potential buyers search for online reviews and peer recommendations before they decide to purchase.

Harvard Business School research found a 12% increase in customer advocacy can result in a 200% growth in...

The customer is your greatest asset. When you keep them satisfied, they will become your brand advocates.

A customer advocacy campaign is designed to turn your customers into brand advocates. It encourages your customers to recommend the product to other potential customers.

A customer advocacy program is a marketing strategy. The Customer Success (CS) department should co-own advocacy with marketing for the following reasons:

  • They can get more dollars from a customer through renewals, upsells, etc.
  • To increase LTC.
  • To reduce the dollar acq...

  • Develop a customer-centric attitude: Top management should promote a customer-first approach.
  • Identify customer advocates: Ensure to build and maintain a good relationship with your customers. Involve them in various processes when it is suitable. Th...

  • Create a customer-centric campaign. It helps you to know your customer advocates better.
  • Build a loyalty or a referral program. Use quantitative analytics to identify your loyal customer. Then approach them directly or offer rewards or bonuses for pr...

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