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So Lightspeed Venture Partners suryed 154 top venture-backed mostly B2B start-ups for their sales metrics. The full report is here. One analysis that was great was on the top reasons sales teams lost deals. Many will sound familiar.
Let’s break down the real metrics from companies doing this right. Before Customer.io, Jason built and scaled marketing teams at several B2B SaaS companies, with a focus on customer engagement and revenue operations. Here’s how Notion crushed it: The Hard Metrics: 49-51% open rates (2x industry average) 1-1.5%
It’s the benefit of a recurring revenue stream in a B2B model. The thing is, sales is variant, and sales pipelines have big data quality issues — and worse, sales as a metric is a lagging indicator. Even if your sales cycle is short, how long ago was the lead first created? Probably over a year. Sales and pipeline lag.
The event is known for its focused content on SaaS growth strategies, metrics, and best practices, making it particularly valuable for B2B SaaS companies. It’s the largest non-vendor SaaS conference in the world, typically drawing over 12,000 SaaS founders, executives, and investors.
Download ZoomInfo’s latest data-driven eBook aimed to help marketing leaders understand the best practices around choosing a B2B contact data provider. This buyers guide will cover: Review of important terminology, metrics, and pricing models related to database management projects.
In B2C and high-churn environments, it’s indeed a critical metric. But in SaaS, in the earlier days, we inherited a lot of our lingo and metrics from B2C web services. They were earlier to mass-scale recurring revenue services on the web than B2B was. So we used their core metrics like “Churn” and “Lifetime value”.
The event is strategically designed to facilitate 1000s of meaningful connections through 1000+ on-site “Who Do You Want To Meet” dedicated 1-on-1s for B2B founders and execs (no service providers, sorry!) VIP Networking app for B2B founders and execs attending (no service providers, sorry!)
Let’s jump right into this set of community questions focused on SaaS metrics, growth, and efficiency. What metrics should we expect in this environment? These payback metrics are important for investing. Q: When it comes to GTM efficiency, what are the most important leading indicator metrics? Do zero-cost budgeting.
When you work in B2B marketing, you don’t often get a great reason to show off your work to your friends and family. B2B marketing has a reputation for being more performance-oriented than brand-oriented. Check it out: This campaign proves that we B2B marketers can be just as creative as anyone when it comes to advertising.
Speaker: Daniel Elizalde - Product Executive and Advisor
Unfortunately, most B2B companies go through the innovation journey using abstract terms and intangible metrics, such as “trying to reach product market fit.” To increase your chances of success, you need to drive your team through a series of clear, actionable milestones that demonstrate you are going in the right direction.
The SaaS industry is full of advice on the perfect product metrics to gauge your users’ activation, engagement, and interactions. If you don’t know exactly what questions you want answered, these product metrics leave you blinded by the very data you hoped would open your eyes. What are product metrics?
Satisfaction > Adoption When determining success metrics, don’t lose sight of the difference between clues and facts. Satisfaction > Adoption when it comes to determining a good success metric. Good success planning is key. Customers don’t care about your title Account Executive? Account Manager? Customer Success Manager?
So over the past decade-and-a-half we’ve come up with a lot of yardsticks, metrics and rules for SaaS companies. E.g.,: CAC of < 12 months is Good-to-Great Paying sales reps 25%-30% of what they close is Good A burn ratio of 1 or less is Good These metrics do sort of work, if you have some capital to spend (i.e., It depends.
PST, Bo Borland, founder, and CEO of playbuilt, shares four steps for creating repeatable success at every stage of growth, specifically in B2B Enterprise. Let’s look at Borland’s approach to aligning and executing B2B team selling motions for a rinse-and-repeat process for growth. Mapping 9-box to the buyer’s journey and team roles.
It’s to say many of us do not know how to use AI effectively enough yet to impact conversion metrics. #6: 8: 3x Net Dollar Retention Thanks to This Pricing Model Over time, the dominant pricing structure in B2C and B2B applications is like the cell phone plan. So how much business has it closed? You pay an additional 2.5
Dear SaaStr: What Is The Best Indicators of Product Market Fit at an Early Stage SaaS B2B Startup? This is a rough metric, but I’d say from experience working closely with 25+ SaaS companies … if you aren’t growing > 10% a month after $10k in MRR or so … then you don’t yet have product-market fit. Not yet at least.
So at SaaStr Annual, Dave Kellogg did a great deep dive on “5 Things Every B2B CEO Needs to Know about Marketing” In the Age of AI it’s even more true today, so I wanted to update our SaaStr take-aways from the deep dive. Instead, focus on two key metrics: Pipeline coverage – Do we have a chance to hit our numbers?
Be explicit about success metrics Define what success looks like beyond revenue targets to align expectations. Founder-led sales provides invaluable dat a When founders sell the first $2-3M, they generate critical insights on customers, conversion rates, and retention that inform the GTM strategy.
The most common examples of successful CRO tactics provided at many conferences tend to focus on B2C ecommerce, but what are the proven winning tactics you can use in your B2B CRO strategy? In this episode of Growth Stage, we interview Sahil Patel of Spiralyze about his thoughts on: Special considerations for B2B CRO. Jump to video.
A lot of you reading SaaStr are probably more B2B SaaS oriented and may not be paying attention to the consumer market, but it’s already massive and is continuing to grow quickly. So, let’s look at the state of subscription apps and how B2B SaaS can learn from it. In B2B, the classic metric for this is 2% now and was 2% in 2006.
Now LinkedIn isn’t a stand-alone public company anymore, so we can’t get quite as many metrics and details from them as we used to. B2B market is on fire. A bit of a B2C metric I guess (members), but still a visceral example of making more money from your base. But we can get enough. 5 Interesting Learnings: #1.
This I’ve found to be a big flag in B2B/SaaS. In B2B/SaaS, the best CEOs are always close to the customers. Doesn’t share enough metrics, data, etc. But selling your company for $20m-$30m isn’t consistent with raising VC capital or going big. A lot of immature language from the CEO, especially on social media. Hiring is tough.
Product-led growth (PLG) is the consumerization of software—a strategy B2B software companies can learn from growth teams at successful consumer tech companies. . He advises bringing these features to a B2B growth team and then shares mistakes that B2B companies make while adding go-to-market (GTM) to PLG. Free user retention.
years (maybe the better metric): The fastest of the bunch was Divvy’s $2b+ acquisition by Bill 5 years after funding. It just takes time to create true value in B2B and SaaS. years on average, with a median of 10.0 But so many took decades. Even Mailchimp’s incredible $12B acquisition by Intuit took … 20 years.
It took me a little while to see activation rates as literally one of the 3-4 most important metrics in SaaS, but it probably is. I don’t have a perfect metric, but after working on this with a dozen+ SaaS companies recently, I have a simple heuristic: 90% or more of your customers need to activate in the shortest practical time.
B2B virality” is usually slow. So when you are out of ideas to grow, move your primary focus to growing your CSAT (customer satisfaction) and NPS (Net Promoter Score) metrics up substantially. Third, focus on metrics besides revenue that matter, and that you can grow right now. Even if other metrics seem OK.
The core product is very B2C, but the upgrade to paid has very SMB B2Bmetrics, and 80% of the revenue is subscription based. We wrote a classic SaaStr post long ago saying you needed about 50,000,000 Freemium users to make the model work, more or less, and Duolingo’s metrics tie to this. But is Duolingo SaaS?
B2B and B2C content marketing require entirely different strategies. Instead, you need a targeted B2B content marketing strategy to reach your marketing goals. Why Do You Need a B2B Content Marketing Strategy? As mentioned, B2B content marketing presents different challenges from B2C content marketing.
Working in my capacity at as an EIR at Balderton Capital , I have recently written a new publication, The Balderton Founder’s Guide to B2B Sales , with the able support of Balderton Principal Michael Lavner and the entire Balderton Capital team. Planning: planning and the role of key metrics and benchmarks.
Our world is hyper-connected and data-driven, leading B2B companies are turning to technology to gain deeper insights into client needs and to deliver more proactive, tailored experiences. This technology is elevating B2B relationships, enabling companies to build lasting, profitable partnerships with a focus on both retention and expansion.
Take a look at just some of the topics and mentors hosting Braindates: Core metrics to track for SAAS with Tarush Aggarwal, Founder & Ceo at 5X Pricing as a growth lever – How, what, why? The goal is to help each other learn something new, find mentorships, create partnerships, and exchange strategies.
B2B txns moving online ??APIs Report on employee engagement metrics. B2B transactions move online. . In case u missed @SaaStrAnnual State of the Cloud w @bdeeter @TheValuesVC. ??Future Future of work = remote ??Privacy Privacy debt = new technical debt ??Cloud Cloud proliferating globally ??B2B APIs driving innovation ??Automation
But over time, it’s added a large enterprise and B2B component for marketers and others to track, manage and market videos that we’ll spend a bunch of time digging in on, as it’s the fastest-growing segment, growing from little-to-none in 2017 to 25% of revenue today. And a few other interesting learnings: 6.
A product leader at a B2B marketing mega-cap shared with me only 7% of marketing spend is targeted to sales prospects, which is why ABM has become so popular. Many demand generation marketers focus on SQLs rather than MQLs as their target metric to align themselves better with the sales team to mitigate this.
Which is what a lot of SaaS and B2B AI is really about. Modeling 3% Stock-Based Dilution a Year A metric almost every leader is tracking more carefully now. So UiPath was early to what we now think of as “AI”, but blazed the path in automation. Automating away human-driven processes. That’s how you get more efficient.
June seems to show no signs of slowing down but we’re monitoring demand metrics like a hawk to see when or if we’ll experience a slow down. I have been working in B2B SaaS for almost 15 years (since we called it SaaS). Ended May $1.7M ahead of plan and growing ARR @ 53%. — Kyle Porter (@kyleporter) June 28, 2022. 10% of total.
I mean, Canva’s metrics for example are just awesome. But with everyone discussing PLG, there just isn’t enough discussion in B2B of Product-Led Retention. I just don’t see the obsession here across B2B companies, founders and their entire management teams. It’s time to take it more seriously in B2B.
But this will be one of the last chances we get to see its financials and metrics as a public company. Once it goes private again later in 2022, Zendesk won’t publish many metrics anymore. While Zendesk still has thousands of SMBs, the tiny customers no longer even show up in the metrics. Zendesk has really grown up.
5 Metrics Every SaaS Company Should Care About with Salesforce Ventures A hands-on, practical session on the top SaaS metrics #2. For B2B Generative AI Apps, is Less More? GGV Capital: Scaling The Top SMB SaaS Companies A deep dive on SMB metrics, a really good one. #10. A few great ones to catch up on: #1. Harness.io
We don’t talk that much about “traffic” to our websites in B2B, but awareness matters. You can grow some metric in your pipeline or at least your pre-pipeline 2x right now. Grow your high-quality pipeline and opportunities even if sales cycles are crazy long now. Grow traffic. What can you do to 5x your traffic?
One metric I wanted to highlight. A related post here: Dear SaaStr: What’s a Good Benchmark for B2B Sales Cycles? So Vendr has their latest SaaS Buyer Report out here. There’s plenty of good data in there and it’s worth a read. And look, average sales cycles are almost meaningless. Bigger deals take longer.
4 Qualtrics for collecting multichannel feedback and B2B market research data Qualtrics NPS surveys. It’s designed for B2B enterprises that require advanced capabilities to collect and analyze customer feedback from B2B markets, and from multiple channels. Qualtrics is a highly robust experience management platform.
Still impressive, but it’s come down to a more earthly metric. #3. Sales & Marketing expenses are as high as pure B2B companies without a PLG motion. #4. Sales & Marketing coming down over time, but still 68% of revenue. GitLab may have a PLG motion and a lot of self-serve customers, but it still doesn’t sell and market itself.
It’s likely that most SaaS leaders can immediately spout off their ARR (Annual Recurring Revenue) –– after all, that’s the key growth metric. But examining these three metrics still isn’t enough to get maximum insights. Then, review revenue metrics for each segment. . Know Your Business. Is it contacts, storage, API calls?
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