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Customer Success Metrics Quiz with Dan Martell
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Customer Success Metrics Quiz with Dan Martell

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Questions and Answers

Which metric is NOT mentioned in the text?

  • Customer effort score (correct)
  • Customer churn percent
  • MRR churn percent
  • Expansion MRR percent
  • What does CES stand for?

  • Customer Effort Score
  • Customer Engagement Score
  • Customer Experience Score (correct)
  • Customer Satisfaction Score
  • What is the purpose of monitoring the experience score for specific actions?

  • To prioritize customer success activities (correct)
  • To calculate net MRR churn percent
  • To measure customer satisfaction
  • To evaluate the first hundred days experience
  • What resource is mentioned in the text for managing KPIs?

    <p>Precision Scorecard</p> Signup and view all the answers

    What is the purpose of the Precision Scorecard mentioned in the text?

    <p>To manage KPIs and metrics</p> Signup and view all the answers

    Which metric measures the total revenue, including expansion revenue, lost on a monthly basis?

    <p>Net MRR churn</p> Signup and view all the answers

    Which metric measures the additional revenue added by customers over the lifetime of their account?

    <p>Expansion MRR percentage</p> Signup and view all the answers

    Which metric measures how likely customers are to recommend a company to a friend or colleague?

    <p>Net Promoter Score</p> Signup and view all the answers

    Which metric measures customer satisfaction with their support experience on a scale of one to five?

    <p>Customer Satisfaction Score</p> Signup and view all the answers

    Which metric measures the overall experience customers have with a company?

    <p>Customer Experience Score</p> Signup and view all the answers

    Which metric is used to measure the percentage of customers lost over a specific time period?

    <p>Customer churn percentage</p> Signup and view all the answers

    What is the purpose of the Precision Scorecard framework mentioned in the text?

    <p>To monitor customer success metrics</p> Signup and view all the answers

    Which metric measures the percentage of revenue lost over a specific time period?

    <p>MRR churn percent</p> Signup and view all the answers

    What is the expected return on investment for hiring a customer success manager, according to the text?

    <p>$5 of new revenue</p> Signup and view all the answers

    What is another term for customer churn percentage?

    <p>Logo churn</p> Signup and view all the answers

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