How to Conduct an Effective QBR (Quarterly Business Review)

How to Conduct an Effective QBR (Quarterly Business Review)

**Dear SaaStr: How Do I Conduct an Effective Quarterly Business Review (QBR) with Customers?**

QBRs have often lost their original value, becoming mere upsell sessions devoid of benefit to the customer. Such an approach is counterproductive. Find more insights on this in [The Death of the QBR](https://www.saastr.com/the-death-of-the-qbr/).

**QBRs can be exceptionally beneficial when executed well, yet they are frequently mishandled, especially when Customer Success is under the Sales umbrella.**

Many QBRs devolve into uninteresting presentations or sales pitches, which are unwelcome to customers. The objective should be to **add value**, not simply tick off a task or promote more products. Here’s how to do them right:

1. **Focus on the Customer, Not Yourself**

The QBR should highlight the customer’s goals and how your service helps meet them. Begin by questioning:

– **What are their business objectives?** What were their aims signing up with you?
– **Are you meeting those objectives?** Be upfront about successes and shortcomings.
– **What’s next for them?** Use the QBR to explore their future roadmap and how you can assist.
– **Ask beforehand what they want to discuss.** Too few actually practice this.

2. **Steer Clear of “Death by PowerPoint”**

Avoid tedious slide decks. Alternatively:

– **Focus on Outcomes:** Emphasize metrics that matter to them like ROI, gains, and savings.
– **Be Visual:** Prefer clear visuals over text-heavy slides.
– **Keep It Short:** Limit to 30 minutes. Value their time.

3. **Avoid a Sales Pitch**

It’s crucial. A disguised sales pitch loses trust. Rather:

– **Add Value First:** Share insights and benchmarks pertinent to their business.
– **Organically Suggest Upsells:** Present any expansion opportunity as a means to aid their goals, not your target.

4. **Involve the Right Personnel**

Missteps include sending uninformed representatives. Customers dislike when an unfamiliar account manager, who hasn’t done their homework, arrives. Instead:

– **Send Senior Staff:** Ideally include a VP or CEO for key accounts to show that you value the relationship.
– **Be Prepared:** Know the customer’s history and goals thoroughly.

5. **Incorporate a Product Roadmap Review**

Customers are keen on future updates:

– **Show What’s Coming:** Highlight forthcoming features matching their needs.
– **Seek Their Input:** Engage them in your roadmap, affirming their partnership role.

6. **Differentiate Your Approach**

Tailor attention based on customer:

– **Enterprise Accounts:** Prefer in-person QBRs to forge stronger ties.
– **Mid-Market Accounts:** Virtual, yet personalized, sessions suffice.
– **SMBs:** Maybe group webinars or quarterly updates with critical insights.

7. **Follow Up and Track Progress**

A QBR should spur ongoing engagement. Post-meeting:

– **Send a Recap:** Highlight key discussions, tasks, and upcoming steps.
– **Honor Commitments:** Ensure any promised features or fixes are enacted. Broken promises erode trust quickly.

**Final Reflection**

QBRs are pivotal for strengthening customer bonds when approached ethically. Prioritize offering value, aligning with customer goals, and reinforcing your role as a partner. Consistent commitment leads to natural renewals and upsells without pressure.

Further reading: [Customers Love a Good Product Roadmap Review. Go Do More of Them.](https://www.saastr.com/customers-love-a-good-product-roadmap-review-do-more-of-these/)

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