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The State of the Customer Success Profession 2018 - Survey Results First Look
1.
The State of
the Customer Success Profession 2018 Survey Results First Look
2.
Presenters Jill Rubin CMO Costen Hickman Senior
Customer Success Manager
3.
© 2018 TOTANGO.
CONFIDENTIAL. Agenda • Why We Do The Survey • Meet the Survey Participants • State of the Customer Success Profession • Customer Success Salary Survey Results • Q &A
4.
Why We Do
These Surveys
5.
© 2018 TOTANGO.
CONFIDENTIAL. • To provide valuable information on trends to our customers and the Customer Success community • Customer Success is still a new profession • The industry as a whole is hungry for data points to benchmark their own customer success efforts Why do we do the survey? *No Report for 2017 - We found data quality issue with the 2017 survey, and decided against producing a report that didn’t provide accurate values.
6.
Survey Participants
7.
© 2018 TOTANGO.
CONFIDENTIAL. Meet the Survey Participants • We surveyed thousands of CS professionals, and received responses worldwide. • A majority of the respondents came from the US (63%), with a concentration in California (31%) and New York (13%). United States 62% International 38% California 31% New York 13% Other States 56%
8.
State of the
Customer Success Profession
9.
© 2018 TOTANGO.
CONFIDENTIAL. Customer Success Manager #3 LinkedIn Most Promising Jobs in 2018 https://blog.linkedin.com/2018/january/11/linkedin-data-reveals-the-most-promising-jobs-and-in-demand- skills-2018
10.
© 2018 TOTANGO.
CONFIDENTIAL. Growth • 83% of CS teams saw growth in team size within the last year. 100%+ Growth in Team Size 25% 51-100% Growth in Team Size 22%26-50% Growth in Team Size 16% 0-25% Growth in Team Size 20% No Growth 17% 100%+ Growth in Team Size 51-100% Growth in Team Size 26-50% Growth in Team Size 0-25% Growth in Team Size No Growth
11.
© 2018 TOTANGO.
CONFIDENTIAL. 36% 48% 16% 1-5 6-25 25+ Titles & Team Size 64% have more than 5 people on the team, compared to 59% in 2016. Distribution of titles didn’t change much from 2016. 11.8% 19.8% 48.7% 13.4% Chief Customer Officer/VP of Customer Success Director of Customer Success Customer Success Manager Customer Success Engineer Account Manager Other
12.
© 2018 TOTANGO.
CONFIDENTIAL. Customer Success Maturity • CS is maturing. More than 42% have been around for more than 3 years compared to 25% in 2016. 13.4%42% 42% 0 Months, just starting out Less than 1 year More than 1 year but less than 3 More than 3 years Not Sure
13.
© 2018 TOTANGO.
CONFIDENTIAL. CS continues to be a strategic function for companies 33% 16% 14% 14% 3% 2% 3% 2% C EO C O O SalesService/Support M arketing C C O VP ofC S C R O
14.
© 2018 TOTANGO.
CONFIDENTIAL. Highest Priorities of Customer Success Teams • Customer Success Teams have the same set of priorities 79% 65% 63% 47% 43% 33% Churn Reduction Product Adoption Onboarding Customer Advocacy Customer Support Upsells
15.
© 2018 TOTANGO.
CONFIDENTIAL. Technology Used by Customer Success Team • Use of a Customer Success Platform increased from 36% in 2016 to 43% this year 22% 34% 38% 43% 59% 65% 77% BI Tools In-House Built Tools Survey Tools Customer Success Platform Microsoft Excel Help Desk Support Tools CRM
16.
Compensation
17.
© 2018 TOTANGO.
CONFIDENTIAL. Compensation Structure • 67.7% have a bonus on top of base salary • 18.3% have commission on renewal/upsell • <5% have options
18.
© 2018 TOTANGO.
CONFIDENTIAL. Compensation for Customer Success Manager How does your annual compensation compare to last year's? Higher 62%Lower 8% No Change 30% 2018 Average - $78,000 18% 29% 27% 17% 6% 2% $0-50K $50K - $75K $75K - $100K $100K - $125K $125K - $150K $150K - $175K
19.
© 2018 TOTANGO.
CONFIDENTIAL. Compensation for Director of Customer Success Higher 64% Lower 7% No Change 29% How does your annual compensation compare to last year's? 2018 Average - $113,000 11% 10% 17% 18% 17% 14% 13% $0-50K $50K - $75K $75K - $100K $100K - $125K $125K - $150K $150K - $175K $175K +
20.
© 2018 TOTANGO.
CONFIDENTIAL. Compensation for Chief Customer Officer/ VP of Customer Success How does your annual compensation compare to last year's? Higher 53% Lower 8% No Change 39% 2018 Average - $150,000 3% 3% 3% 11% 15% 16% 48% $0-50K $50K - $75K $75K - $100K $100K - $125K $125K - $150K $150K - $175K $175K +
21.
© 2018 TOTANGO.
CONFIDENTIAL. The Complete 2018 Customer Success State of the Profession Report will be available for download in June!
22.
Q & A
23.
THANK YOU hi@totango.com |
800.634.1990