Episode 187

full
Published on:

11th Dec 2024

The Regifting Extravaganza #11: Ed Powers (previously aired Aug 29, '24)

BS in CS alert: Ed Powers wants to clarify how value works in a SaaS business.

⏱️ Timestamps:

00:00:00 - The science

00:01:37 - The customer success statement that triggered Ed

00:03:02 - “Customers churn because of value” debate begins

00:05:10 - Value and cost as intertwined factors

00:06:30 - Value is relative, not absolute

00:07:28 - How we evaluate vendors and decisions

00:08:38 - The six factors that drive perceived value

00:09:25 - What CSMs should understand about cost and value

00:10:09 - Real-world example of cost affecting customer loyalty

00:11:53 - Philosophy behind value and customer experience​


📺 Lifetime Value: Your Destination for Customer Success content

Website: https://www.lifetimevaluemedia.com


🤝 Connect with the hosts:

Dillon's LinkedIn: https://www.linkedin.com/in/dillonryoung

JP's LinkedIn: https://www.linkedin.com/in/jeanpierrefrost/

Rob's LinkedIn: https://www.linkedin.com/in/rob-zambito/


👋 Connect with Ed Powers:

Ed's LinkedIn: https://www.linkedin.com/in/ed-powers-ab5315/

Mentioned in this episode:

SundaySky

Matik

LTV Shop

The Segment

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About the Podcast

The Daily Standup
Delivering fresh new customer success ideas every single day.
Do you want to know what other customer success and post-sale professionals are thinking about, struggling with, or succeeding with?

The Daily Standup is the flagship podcast on the Lifetime Value Media network, cohosted by Dillon Young, Jean-Pierre "JP" Frost, and Rob Zambito. We're publishing daily and sharing the most diverse and unfiltered array of guests. Tune in to hear industry titans and newbies alike chopping it up, sharing their hot takes, workshopping their current challenges, or just giving Rob another new nickname.

The Lifetime Value Media network is your destination for customer success and go-to-market content.

About your host

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Dillon Young

Dillon is a career Customer Success professional, having done tours of duty in Technical Support, Training, and Implementations as well. He did Sales that one time, but doesn't like to talk about it. Since 2019, he has been a people leader in CS orgs for early stage technology companies, primarily in the financial and human resources spaces.

Dillon founded Lifetime Value in 2023 with the vision of delivering entertaining, educational, and non-biased content to this exciting profession *without* selling (gasp) an ebook.

So far, so good.