Achieving 120% NRR with the OGSMT Framework
Manage episode 434567908 series 3460873
Rachel Stanley from Banzai shares how her team achieved a remarkable 20% increase in Net Retention Rate (NRR) within one year. Learn about the powerful OGSMT framework and the strategic initiatives that drove this success. Perfect for customer success professionals and executives looking to enhance their practices.
Click here to watch the video on YouTube!
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- Transitioning from siloed efforts to cohesive cross-functional teams for better alignment and results.
- Specific tactics used to engage and retain customers, including personalized onboarding and dedicated CSMs.
- The impact of these strategies on company morale, customer satisfaction, and the successful public offering.
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Rachel Stanley has over 10 years of SaaS onboarding, training, implementation, consulting, e-Learning, customer success, adoption, and support experience, and is passionate about building high-functioning teams that consistently hit their objectives. When Rachel joined Banzai, Customer Success was the only customer-facing job function. Since then, Rachel has added Onboarding, Support, and Customer Marketing, successfully creating a Customer Experience organization that has driven best-in-industry customer satisfaction and grown Banzaiโs Net Retention Rate (NRR) significantly.
๐ You may connect with Rachel via LinkedIn
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๐ Read: 4 Key CS Metrics That You Should Be Tracking
๐ฅ Watch: Increasing NRR for Saas
โฌ Download: Customer Health Score Facts & Industry Trends
#CustomerSuccess #NRR #Framework #BusinessGrowth
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Whenever youโre ready, here are three ways to build, optimize, or scale your Customer Success practice:
1. Enhance Your Customer Success Approach โ Grab a free copy of our Customer Success templates and infographics to streamline your strategies. Click Here
2. Join Our YouTube Community โ Explore Customer Success insights and strategies with industry experts. Learn from professionals about optimizing partner relationships in the tech sector. Click Here
3. Build Your CS Strategy โ If you're a startup executive eager to elevate your Customer Success strategies, our Mastermind program is designed for you. Collaborate with leading customer success professionals to gain the clarity and tools needed to effectively implement and enhance Customer Success in your organization. Click Here
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๐ Visit our Website - CSM Practice
๐ Sign up for our Newsletter
Kapitler
1. Intro (00:00:00)
2. Company Overview (00:01:26)
3. Mastermind Program (00:03:59)
4. Initial Challenges as a CS Leader (00:05:05)
5. What is the OGSMT framework? (00:07:44)
6. Business Impact (00:11:23)
7. How to Implement the Framework (00:15:04)
8. Tactics and Execution (00:19:41)
9. In-App Product Tour (00:26:26)
10. Data-Driven Awareness Campaigns (00:27:57)
11. Effective Webinar Strategies (00:30:54)
118 episoder