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Which metrics are Customer Marketing Leaders looking at regularly & why?

Nicolette Konkol
Nicolette Konkol
Morningstar Global Head of Demand Generation | Formerly Ariba, Taleo, ShowpadJanuary 11

Depends on how you’ve defined the scope and priorities of the customer marketing organization but some to consider are:

  • Monthly active users or utilization rate
  • Engagement in onboarding/education programs
  • Percentage of customers that use “sticky features”
  • Number of customer advocates
  • referrals
  • Net Promoter Score
  • Retention rate
  • Avg. Customer Contract size
  • Account spend
  • Growth in customer communities
  • Influenced new deal/upsell/renewal Pipeline & Revenue from customer references, case studies, etc.
1381 Views
Matt Hummel
Matt Hummel
Pipeline360 Vice President of MarketingMarch 12

You should be looking at leading and lagging indicators to determine future success.

Net-Retention Rate (NRR): the best metric to determine if you're growing your existing customers

Net-Promoter Score (NPS): if done right, a great way to get a pulse on the satisfaction of your customers

Health Score: this can be unique for each organization, but is generally an algorithm that looks at NPS, utilization, complaints, bugs, growth, etc. If setup correctly, it's a great way you can color code the health of your customers (red/yellow/green)

# Products: not applicable to all orgs, but if you are a multi-product company, it's important to look at the average number of products per customer (and related +/- growth metrics); it can be a great proxy to the "stickiness" of your customers

380 Views
Erika Barbosa
Erika Barbosa
Counterpart Marketing Lead | Formerly Issuu, OpenText, WebrootMay 17

Some of the specific metrics you'll want to track should be tailored to your go-to-market motion and how you execute customer marketing. Here are a few general metrics that you should consider as they are success indicators:

  • Customer retention rate

  • Customer loyalty or advocacy rate

  • Customer lifetime value

  • Net Promoter Score (NPS) and/or Customer Satisfaction (CSAT) (However, there has been negative buzz around NPS lately)

  • Upsell and cross-sell revenue

  • Churn rate

Personally, I recommend focusing on engagement metrics when possible. They serve as leading indicators of your customer marketing's success and resonance.

193 Views
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