Managing Customer Success in Business Markets: Conceptual Foundation and Practical Application
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Keywords

Customer Success
Customer Value
Experienced Value in Use
Subscription-based Economy

Abstract

Customer success management is gaining momen- tum in business markets. From an initial focus on selected industries, such as software-as-a-service, interest in customer success is spreading among business-to-business marketing practitioners. To date, academia has largely neglected this concept and its organizational implementation. Based on extant managerial literature and research on value in use in business markets, we distinguish between customer success as a customer-perceived con- struct, customer success management as a joint customer-supplier management process, and the emerging job position of customer success manag- ers in supplier organizations. Based on the case of a provider of IoT devices, software and services in de- cision agriculture, we illustrate how customer suc- cess management is practiced in a business market- ing context and refine our understanding of cus- tomer success management and its constituents. Finally, we suggest promising avenues for future re- search in this managerially important, under-re- searched and rapidly growing domain.
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