In this episode, Emil meets with Sandy Yu, an experienced growth executive and startup advisor. The two talk about the shifting focus toward existing customers as companies seek sustainable growth.
Sandy defines Customer Success and explains how it relates to the "revenue bowtie" concept, which has been gaining traction in the past few years. She explains how delighting customers can lead to greater Annual Recurring Revenue (ARR), which is a very important metric of corporate performance, especially in the SaaS world.
In addition, Emil and Sandy discuss why customers typically leave, and provide suggestions about how companies can truly understand what a customer values. Sandy introduces an interesting idea about "show me you know me" as a guiding point for everyone who wants to delight customers.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
Dateline NBC
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CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.