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820-605 · Question #14

Which key industry trend explains the need for companies to invest in a Customer Success practice and Customer Success Manager role?

The correct answer is C. IT is increasingly adopting new consumption models. In a subscription economy, customers can. The correct answer is C, which highlights the shift towards subscription models in IT and the role of the Customer Success Manager (CSM) in ensuring customers achieve their business outcomes and realize value from their subscriptions. This trend is a key driver for companies to…

Customer Success Industry Trends and Drivers

Question

Which key industry trend explains the need for companies to invest in a Customer Success practice and Customer Success Manager role?

Options

  • AService organizations must evolve from a "break fix" business model to proactive and pre-emptive
  • BIT budgets are shifting to line of business decision makers who want to understand the business
  • CIT is increasingly adopting new consumption models. In a subscription economy, customers can
  • DThe accelerated pace of innovation in the era of the Internet of Things confuses many customers.

How the community answered

(50 responses)
  • A
    2% (1)
  • B
    2% (1)
  • C
    90% (45)
  • D
    6% (3)

Explanation

The correct answer is C, which highlights the shift towards subscription models in IT and the role of the Customer Success Manager (CSM) in ensuring customers achieve their business outcomes and realize value from their subscriptions. This trend is a key driver for companies to invest in Customer Success practices and roles, as the ongoing satisfaction and perceived value are critical in a subscription economy where customers have the flexibility to cancel services that do not meet their expectations

Topics

#industry trends#subscription economy#customer success drivers#consumption models

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