Ever bought a product, only to be left in the wilderness after youâve parted with your cash?
Irritating, isnât it?
After converting a prospect into a bonafide customer, the buck doesnât stop there.
As Karen Carpenter said: âWeâve only just begun.â
Itâs time to unwrap the essentials of customer onboarding.
What is customer onboarding?
The customer onboarding process is the post-conversion phase whereby companies divert their attention to ensuring they help their customers get the most value from their product.
Thereâs no room for the antiquated perspective of, âconversions are all that matter.â A well-executed customer onboarding plan can help orgs maintain their relationships with their clientele, whilst helping customers get longevity from the product.
- A raft of features can be used to enhance the overall customer onboarding experience and improve the likelihood of them sticking around and getting more from your product, like:Implementing step-by-step tutorials,
- Adding guidance and support sections, and
- Rewarding milestones.
Whichever process you choose (and it should probably be a combination of all three!), customer onboarding is all geared towards keeping a customerâs feet fixed firmly on the path youâve built and keeping them happy.
Like the cat that got the cream.
Why is customer onboarding important?
No customer wants to be viewed as a statistic; companies need to make every person theyâre serving feel valued.
In the way your first day at school set the vibe for whether your teacher likes you or not, customer onboarding sets the tone for your relationship with your target audience. If you play your cards right, not only can you increase the customer lifetime value (CLTV), but also decrease churn, and add a whole host of new customers into brand enthusiasts.
Still not sold on the benefits of customer onboarding? Try these stats on for size:
- Youâll lose 75% of your new users within the first week.
- 40 to 60% of free trial users will use your software or SaaS application once and never come back.
- Over two-thirds of SaaS companies experience churn rates greater than 5%.
- Most revenue comes from existing customers.
- Satisfied customers become your top referral sources.
- Customer retention not only increases revenue but also lowers acquisition costs.
Put simply, the customer onboarding process is essential for orgs targeting customer retention and growth, i.e. every company with an ounce of business sense.
Customer onboarding best practices
As is often the case, there are some things to take into account throughout the customer onboarding process; some housekeeping rules, if you will.
These rely on establishing a continual source of contact with your customer, to ensure youâre in a position whereby you can offer a flawless customer experience.
Understand your customer
Every company has an ideal buyer persona in mind, but whatâs the point in investing time, effort, and cash to identify your target audience if you donât understand the intricacies of what they want and how you can help them?
You need to make sure you know your buyer persona meticulously; this will trigger a domino effect in which youâll be able to build a concrete understanding of your customer.
Whether itâs unique obstacles, pain points, and challenges faced by the customer, familiarize yourself with each, before assessing your proposed and eventual outcome. In doing so, youâll be able to tailor your onboarding process for your customer.
Define your expectations
Not only should your customer know what to expect before they buy your product, but the sales process should also outline the qualifying factors for using the product.
This needs to be included within your onboarding process, not only to highlight what your product brings to the table from a customer perspective but also to prepare them for any setbacks that could potentially arise.
If your customer encounters a bump in the road, briefing them beforehand will reduce the likelihood of churn, as theyâve been prepared for the possibility of a snag occurring.
Customers value honesty from the companies theyâre buying their products from. So, donât try and pull the wool over their eyes; offer clear-cut definitions of what they can expect from your product or service to allay any potential disappointment further down the line.
Demonstrate value
Itâs very easy to get wrapped up in customer praise. After all, companies donât invest endless resources in search of mediocrity.
While itâs tempting to let your customer get wrapped up in the wonders of your product, itâs essential to highlight the value itâll bring and exactly how itâll address their pain points.
Specificity is key, so dig out relevant examples to illustrate your point and always adopt a personalized approach.
The finer details go a long way in creating an onboarding process your customer will remember. These may include:
- Kickoff calls,
- Specialized training,
- Personalized messaging.
If thereâs an element of doubt about an approach youâre considering, ask yourself two questions:
- Would this appeal to me as a customer?
- Would my competitor use this approach during their onboarding process?
If youâve answered ânoâ to any of these questions, head back to the drawing board, and reconsider your plan.
Communicate
If weâve said it once, weâve said it one-thousand times: communication is a fundamental part of customer onboarding.
You may have sent an initial message welcoming your customer, but this doesnât signal the end of your communication strategy.
Not by a long shot.
Itâs highly advisable to use email comms throughout the onboarding process to complement in-app tutorials and guides that may be in use.
At this stage in their journey, itâs most likely email is being used most commonly by the customer. Therefore, sending email messaging can nudge them in the right direction, until your product is considered indispensable and they can be trusted to sign-in on their own accord.
Utilize customer-centric goals
McDonaldâs has over 38,000 restaurants throughout the world and serves more than 68 million customers every single day. The restaurant caters to the needs of every person who enters its doors; some order a Big Mac, others a Happy Meal. The point being, every customer is unique.
The same motif needs to be applied when introducing customer onboarding goals; the goals and metrics for each customer will be unique. Orgs need to allow them to define success, before helping them establish measurable milestones to get there with landmarks to hit along the way.
Consistency is key
Every interaction you have with customers needs to generate the same positive response they had that prompted them to sign up with you in the first place.
Theyâve put their trust in you and your brand - the very least you can do is deliver the goods theyâve come to expect.
Remember, when you perform well, your customers will spread the word of your performance to others.
On the other hand, perform badly, and youâll be ruing the decision to cut corners.
Track your performance
As is the case with many other practices, thereâs no point devoting time to a process if you canât establish how well it's performing.
Customer onboarding is fundamental for your customers and your business; you need to have a clear-cut understanding of whatâs working well, and what can be improved. Itâs important to:
- Consider customer feedback,
- Identify friction points,
- Track OKRs.
Physical vs SaaS onboarding
While the onboarding process applies to both physical and SaaS products, there are differences in their respective approaches.
The onboarding process for SaaS companies is comparatively more straightforward, given the data they have at their fingertips. This makes it easier to create and track metrics throughout the onboarding process; theyâre able to track whatâs working and what isnât, what areas of the app people are and arenât using, and so on, before adding steps where necessary.
Comparatively, this differs from the typical onboarding process in place at some physical companies, with Jenkin Lee, Chief Product Officer at Baze.
âAt a high level, our onboarding process includes collateral including registration instructions and a welcome letter, as well as a questionnaire (we are a health & wellness product).
âIn addition, we also use how-to video, as well as an ongoing CRM.â
The benefits of customer onboarding
Letâs do quick a rundown of the benefits of customer onboarding:
- It improves a customerâs chance of success with your product because theyâll be able to better navigate their way around and be self-sufficient,
- It ensures customers understand all your productâs capabilities which can help them get more value from it and reduce churn,
- It sets a good first impression and lays the groundwork for a positive and lasting relationship, and
- It saves you and other business teams time by cutting out some of those âWhere can I find this?â and âHow do I do that?â requests.
Customer onboarding checklist
Fingers crossed, youâll be inundated with customers chomping at the bit you need to onboard. In which case, youâll need to establish a streamlined onboarding process.
So, hereâs a checklist of onboarding essentials to ensure nothing slips through the net:
- First impressions are crucial. So, put together an automated email to welcome your new user when they sign-up.
- If the account has been inactive for two-days, send a follow-up email inviting the user to login. A little prompt never hurt anyone!
- Double-up on in-app notifications and emails to increase the likelihood of your messages being read.
- Include a greeting message including a CTA for the first step.
- If a user doesnât know how to use the product, itâll ruin their whole experience. Therefore, include feature callouts thatâll pop up when a user enters the app for the first time.
- Generate content for all of your empty states.
- Update FAQs frequently.
- Schedule tasks for regular check-in calls or emails with your new customer.
- Trigger a celebratory notification to go off once a client hits a milestone. For example, in language learning app DuoLingo, the user receives a notification when they complete X amount of lessons and access the next subject.