① PRIDE:
Our product is amazing and creates phenomenal results for customers.
TRUTH: Technology doesn't produce results, customer behavior change produces results and technology makes it possible and scalable.
② GREED:
The purpose of Customer Success is to get customers to renew their subscriptions.
TRUTH: Customer Success exists to ensure customers get good results with your product. You have to earn their renewal by delivering value.
③ LUST:
The key is to satisfy customers by making them feel good about the experience.
TRUTH: Transactional experiences don't lead to long-term relationships. Customer Bonding is the outcome of real results, not temporary feelings.
④ ENVY:
Our competitors are way better than us and we need to imitate what they are doing.
TRUTH: Focus on your customers, not your competitors. Things always look good from the outside but are often not as they appear. Imitation leads to mediocrity.
⑤ GLUTTONY:
It's all about the dollars (NRR), so we don't need to worry about logo retention.
TRUTH: SaaS growth is entirely about account expansion (small accounts getting bigger). The problem is, you can't expand accounts you no longer have.
⑥ WRATH:
The problem is my customers. It's their own fault that they're not getting results.
TRUTH: Customers fail because they don't change their behavior. But blaming them is pointless because it's ultimately our responsibility to teach them how to win.
⑦ SLOTH:
My job is to be responsive. I don't need to do anything for "healthy" customers.
TRUTH: By the time you're aware a customer is in trouble it's already too late. The winning approach is hard work: proactively drive customer behavior change for results.
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