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Companies successfully implementing PLG are seeing dramatically lower customer acquisition costs as a percentage of revenue. Because too many startups fall into what Gross calls the “Enterprise Mirage” – landing a few big logos through heroic efforts but failing to build repeatable systems.
acquisition. I think the annual planning process that we actually ended up running was pretty similar to every other one we had run, but it was a couple months after we had just really deeply understood what it was people were using Segment for today and what they wanted to be able to rely on it for at a bigger, more enterprise-ready scale.
Founded in 2019, Laika (an enterprise-ready compliance platform) closed a $50MM Series C by the summer of 2022. The post Managing a Thin Balance Sheet: 4 Lessons Learned From Laika’s $2 Billion Acquisition with Laika Co-Founder & COO Eva Pittas and CFO Dicken Chaplin (Video) appeared first on SaaStr.
It also has guided engagements like Native Behavioral Targeting and is enterpriseready. The Salesforce integration helps you use customer acquisition data to build continuity once users are in your platform. They offer business hours support, as well as online walk-throughs. Pricing: Free trial and upgrade. Amplitude Analytics.
But first, an easily digestible definition for those who are new to the concept: Product led growth marketing is the use of the product as the primary driver of acquisition, and it also brings marketing’s involvement into expansion and retention. And remember, marketers using PLG strategy collaborate in onboarding, not just acquisition.
While most everyone I knew scratched their head at the enterprise-focused Workday acquiring a more SMB-focused Adaptive, Workday has done a good job simultaneously leaving Adaptive alone enough to not disturb its core business while working to get the technology more enterprise-ready for its customers.
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