Say Goodbye to Low, High, and Tech Touch: What to Do Instead
Apr 26, 2023
auto_awesome
This podcast discusses the concept of high-touch, low-touch, and tech touch in customer success management and emphasizes the need to move away from these outdated terms. It emphasizes the importance of providing the appropriate customer experience for each customer, regardless of their payment level. The podcast also explores the potential consequences of prioritizing certain customer cohorts based on revenue and the value of investing in smaller cohorts with growth potential. It highlights the importance of incorporating asynchronous modalities of engagement, such as email and personalized videos, and discusses the benefits of segmenting customers, automated messaging, and continuously evolving the customer experience.
33:31
AI Summary
AI Chapters
Episode notes
auto_awesome
Podcast summary created with Snipd AI
Quick takeaways
To effectively move accounts that are not paying enough into a low touch motion, it is crucial to segment customers with a growth mindset rather than minimizing costs.
Automated messaging can be a powerful tool in customer success, especially when incorporating asynchronous engagement methods such as email and video messages.
Deep dives
Segment customers with a growth mindset
To effectively move accounts that are not paying enough into a low touch motion, it is crucial to segment customers with a growth mindset rather than minimizing costs. By recognizing the potential for growth and focusing on the long-term value of customers, businesses can invest more in smaller accounts that have the potential to expand and become advocates. This shift in perspective allows for a more strategic allocation of resources, ensuring that customers receive the appropriate level of engagement and support.
Leverage automated messaging with personalization
Automated messaging can be a powerful tool in customer success, especially when incorporating asynchronous engagement methods such as email and video messages. However, personalization should go beyond simply using the customer's first name. Personalization should focus on sending the right message at the right time, understanding the recipient's needs, and using the appropriate sender. By identifying the desired outcome and appropriate experience for each customer segment, businesses can create personalized messages that resonate and drive action. Additionally, measuring engagement rates and tracking the effectiveness of automated messages can help optimize the messaging strategy.
Continuously adapt to the evolving appropriate experience
The concept of appropriate experience plays a critical role in customer success. The appropriate experience is the interaction type and frequency that customers require to feel successful. It is important to recognize that the appropriate experience can change over time, influenced by factors such as customer evolution, growth, and shifting needs. Customer success teams should pay close attention to their customers' changing circumstances and adapt their engagement strategies accordingly. By continuously delivering the appropriate experience, businesses can maintain customer satisfaction, drive growth, and prevent churn.
ON TODAY’S EPISODE: Are you looking to move accounts that are not paying enough to low touch motion? In this episode of Impact Weekly, Johan Nilsson and Lincoln Murphy provide tips on how to do just that. They discuss the concept of high-touch, low-touch, tech touch, and how it influences appropriate experience, the importance of appropriate experience in customer segmentation, and the opportunities of customer success as a growth mechanism. This week's question sparks a conversation on how to approach low-touch motion and the challenges that come with it and provides insights on how to provide the right customer experience for different segments and grow your customer base.
THIS WEEK’S QUESTION: “I'm looking to move more accounts that are not paying us enough to low touch motion. Any suggestions on how to do that?”
TOPICS BEING ADDRESSED: * The concept of high-touch, low-touch, tech touch and its influence on appropriate experience * The importance of Appropriate experience in customer segmentation * The opportunities of customer success as a growth mechanism
QUOTES: Lincoln Murphy (03:20): “We know that some customers who pay us a lot really don't want what we would give them under this high-touch model.”
Lincoln Murphy (04:08): “We need to get away from the high touch tech, touch low touch”
Lincoln Murphy (06:26): “if you're not taking into consideration the customer's appropriate experience, then none of this really matters.”
Lincoln Murphy (11:51):”Understanding the AX based customer segmentation will ensure that you have the right people in the right places”
Johan Nilsson (14:36): “The appropriate experience does not necessarily go hand in hand with the revenue you get from that customer”
Lincoln Murphy (22:59): “You can use automated messaging to act as the glue between those synchronous engagements.”
Lincoln Murphy (25:02): "Putting their first name in the message is not actually personalization”
Do you want more of this? Check out Impact Academy for interactive Customer Success training programs. https://www.impactdemy.com/
Do you have a question you want us to answer? Submit it here.
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode