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Why You Should Consider CX with KPIs in Your Managed Services Marketing

Posts Tagged ‘Proper Metrics’

Why You Should Consider CX with KPIs in Your Managed Services Marketing

Wednesday, July 31st, 2019

Your managed services marketing strategy must first and foremost resonate with target markets. To do that, you’re going to want to give everyone who interfaces with your outreach materials the best customer experience (CX) possible. 

Accordingly, you need to know what present experiences are like, how to measure them, and how to produce better experiences through utilization of the data deriving from those measurements. Key performance indicators (KPIs) must be identified and put to work optimizing the effectiveness of your managed services marketing.  

 

How to Properly Balance KPIs Through CX 

You should examine three primary KPIs to help determine where CX needs work: 

  • Net Customer Value Growth (NCVG)
  • Net Promoter Score (NPS)
  • Existing Customer Referral

NCVG basically refers to how many clients your marketing campaign gains you, against how many clients you use in a given marketing period. Gains should outpace losses in an ideal scenario. The time-frame will often differ per MSP, but generally, you’re going to experience longer sales cycle periods than other businesses. Working with SEO groups that make MSPs their core clientele can be key in helping you get an idea where an appropriately balanced NCVG ratio might be.  

Such SEO groups can also help you with NPS. Basically, this is how many people would recommend your MSP’s services to their friends or colleagues based on the level of effectiveness you’ve brought to the table. How effective you are will depend on how they perceive you, so you’ll want to keep this in mind. Sometimes, perceptions aren’t accurate. To get NPS then, you should send out surveys and subtract the detractors. You should see an increasing trend over time. 

Lastly, the level of referrals existing clients give to your business is a good indicator of CX. When the customer referral KPI goes up, it means you’re doing something right. When it sags, something needs to be fixed.  

 

Developing Better Outreach Through Proper Metrics 

A managed services marketing strategy which incorporates KPIs pertaining to CX can more efficiently optimize outreach. NCVG, NPS, and existing client referral are excellent KPIs worth considering as you go about expanding CX. 

MSP Sales Considerations Which May Hamper Growth

Tuesday, November 13th, 2018

MSP sales have enough of an uphill battle without poor internal practices. Following are three things MSPs often do which reduce their effectiveness in terms of sales and how to avoid them:

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