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Dear SaaStr: What Is The Best Indicators of ProductMarket 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.
Selling to developers and technical audiences requires a different approach than traditional B2B SaaS sales. The days of pure top-down enterprise sales are over when it comes to technical products. They’ll never really feel the pain you’re trying to solve or think they need to buy your product.
Dear SaaStr: As a SaaS Founder, Can You Tell Us The Story of How You Found Product-Market Fit? When we launched we had a small but decent number of sign-ups, and once we had a paid product in a few months, a small number of reasonably happy paying customers. But at least a few that were happy. appeared first on SaaStr.
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. You founded a product company, but you’re running a distribution business.
Speaker: Daniel Elizalde - Product Executive and Advisor
There is a big problem with the term "productmarket fit." Launching successful products requires a rare combination of market understanding, iterative development, and a lot of luck. Our role as Product Managers is to eliminate confusion, not add to it. All of them are useless because they are not actionable.
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!)
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.
After nearly two decades building infrastructure companies from zero to IPO, Dave has distilled the repeatable patterns of successful scaling into a framework that works across any B2B SaaS business. Find patterns that work, figure out what market you’re actually in. $10-30M: Reproduce what works to achieve product-market fit. $30-100M:
Is your productmarketing team struggling to coordinate marketing resources to support an endless stream of product launches, with vague release dates and a chorus of product managers demanding tons of marketing attention for each release? I’m excited to chat about productmarketing today.
The company already had impressive product-market fit, with the founders having sold several million dollars worth of product before hiring dedicated sales staff. The 5 Key Elements of Codeium’s GTM Scaling Playbook 1. The first GTM hires are your most important Your initial sales team sets the culture and performance bar.
Finding product-market fit is a central, early stage challenge of every startup. Unlike consumer Internet products, SaaS products are essential business tools. In other words, SaaS customers want product-market fit as much as the SaaS vendor. The product proposes and the market judges.
We don’t have to look far to find examples of B2B SaaS companies that have found traction using a self-service or product-led motion. Look at Zoom or Slack: businesses designed for enterprise organizations that use B2C-like onboarding flows (such as product-led growth, or PLG) to fuel interest and adoption.
“Doubling Down” is a new SaaStr series where we hear from top B2B SaaS investors on their most recent activities and takes on the current market. One highlight is Chain, a company I invested in at Visa that ended up working with us to create an entirely new product line now known as Visa B2B Connect.
Obviously Product/Market fit is a big factor here, but assuming you have a relative level of ProductMarket fit, I think the next thing key factor is having the right Go To Market model. What is a Go To Market model? Therefore, a touchless acquisition model fit my desire for the company best. In conclusion.
Tips: to manage OKRs, and KPIs with ease with Kashinath Kadaba Shrish, Cofounder & CTO at Fitbots Leveraging new age AI technologies(GPT and NLP) to increase Organic Traffic using Scalenut with Saurabh Wadhawan, CoFounder at Scalenut What are the best marketing channels for SaaS B2B businesses?
Businesses invest heavily in productmarketing through webinars, blog posts, and video content for a reason – it gets them notable results. If you’re looking to start or improve your SaaS productmarketing strategy, this is the article to read. Product management focuses on building the right SaaS products.
You probably have fallen out of product-market fit, partially or entirely. More on that here : When You Fall Out of Product-Market Fit (Updated) Second, focus on the customers you do have and making them super happy. B2B virality” is usually slow. The #1 source of new customers? But it does work.
With a platform shift with AI and a lot of capital and innovation in the market, who knows what’s to come? For B2B Generative AI Apps, Is Less More? In the B2B world, the biggest question is, what will the next couple of years look like? On the B2B side, we have different objectives. Is less more? That’s hard to define.
I’ve spent the last year working to find product-market fit for my startup, Dock. I’ve used our sales process to iterate our way to productmarket-fit and wanted to share what I’ve learned along the way. Find 10 people, then 100 people, then 1,000 people who love your product.
That means after all the time and money put into building your product, marketing your product, trialing your product, demo’ing your product, selling your product, closing the deal, celebrating … and then … a ton of those customers are immediately at risk. Think about that. At least 90%.
AI in SaaS: Jason is bullish on the tactical benefits of AI in improving workflows within B2B SaaS. He believes that AI will significantly enhance various aspects of SaaS products, making them more efficient and effective.
“Doubling Down” is a new series where we hear from top B2B SaaS investors on their most recent activities and takes on the current market. Be that in the early stages when one iterates on productmarket fit and finding the right ICP or later on when you scale your GTM. Check that out here.
“Doubling Down” is a new series where we hear from top B2B SaaS investors on their most recent activities and takes on the current market. Adam, Dean, and the team at Owner are quietly building one of the fastest-growing B2B platforms out there by helping restaurants take back their customer relationships.
If your organization is seeking growth in a new segment, like B2B—it will be a challenging ride because you’ll be in an unknown space. Now, let’s look at ten learnings that Dorian gathered while scaling Grammarly from a Consumer to an Enterprise brand with B2B offerings. Enter your email below for the latest SaaStr updates.
On the surface, B2B and B2C marketing may seem to be worlds apart. As open-source and developer-led companies become increasingly visible, important, and massive, we should draw the parallel between developer marketing and consumer marketing. First, developer marketing is influencer and brand-driven.
But here’s my list of things I don’t think you should do, almost always, in SaaS/B2B: Committing for less than 24 months to get to product-market fit. You’ll run out of money, time, commitment and more, if all the founders don’t commit to 24 months to get to product-market fit. Less is almost never enough in SaaS.
Trying to figure out what your B2Bmarketing team structure should be? Whether you want to bring in more demand from marketing campaigns or retain customers through better in-app communication – the right marketing team is a must. A content marketing team for driving traffic and engagement through valuable content.
Even with multiples and markets down, the prize in SaaS is bigger than in the past. #4: 4: You may be falling out of productmarket fit. You should determine if you’re gaining or losing market share every month, if you can, every quarter, at minimum. At a bare minimum, you should gain market share. It doesn’t work.
In SaaS, the B2Bmarketing funnel forms the backbone of any successful product and marketing team. Best of all, it compounds its ROI as you start iterating strategies and optimizing your marketing process. So, book a Userpilot demo if you want to trigger in-app messages and fuel your marketing funnel.
Mistake #2: A VP of Marketing that Can’t Do Demand Generation Don’t hire a productmarketer, a corporate marketer, or a strategist. Jason was talking to a founder at $14M-$15M, and they weren’t sure if their Head of Marketing was working out. What was this Head of Marketing’s previous role? Not necessarily.
2022 B2B SaaS Trends [Webinar Recap]. There isn’t much that stays the same in the world of B2B SaaS. In a study of 250 B2B SaaS companies, sales-negotiated pricing (44% of companies) is still set to be the most popular pricing model when compared to both fixed pricing (34%) and variable pricing (24%).
Which product analytics tools should you be using? And what type of analytics really matters for a productmarketing manager? Some analytic tools are confusing, some are difficult to use, and some are downright irritating, making it hard to access the product growth insights you need. How many analytics tools do you need?
In this article, I will summarize what I’ve learned about B2B sales outsourcing. lead generation) are obvious, but some are not: 1) Finding a product/market fit. We help businesses realign their existing value proposition to the market specifics by talking to real buyer personas within their Ideal Customer Profile (ICP).
A related post here: Dear SaaStr: What Is The Best Indicators of ProductMarket Fit at an Early Stage SaaS B2B Startup? Then go built that tilt, and make your existing customers even happier. You can get there. At least, if you want it badly enough. The post Dear SaaStr: When Do You Know It’s Time to Pivot?
When you’re raising a Series B or later round, you’ve achieved Product/Market Fit (which is hard to define, see me attempt here ) and you’ve got what Jason M. In the B2B SaaS world this is very rare. But scaling up your content marketing by 10x is not as straightforward as simply 10x-ing your ad budget.
The B2B SaaS marketing space can feel a lot like an echo chamber. SaaS marketers need to move fast and break things, but rather than jumping from one ‘shiny new growth hack’ to another, stick to a few tried and tested tactics first. What do SaaS Companies spend on B2BMarketing? Creating A B2B SaaS Marketing Plan.
Nick has vast experience when it comes to B2B and B2C, which is why we asked them to share their best tips for growing product and engineering orgs from 0 to IPO. When founders are starting companies, it’s crucial to have product-market fit.
In a B2B space, you can get strong overlap, so you want your product strategy to play into that so you aren’t throwing away demand. B2B is interesting because you might only have 100k doctors or a small number of people that are easy to display ads in front of, but those ads don’t scale forever.
Centering your work on customer experience helps train the whole organization in the process and hones your product-market fit. But they have always been, and will likely continue to be, the most likely buyers of your product. But B2B and PLG are much more streamlined, reducing friction for everyone involved.
. #5: What Does a Great VP of Marketing Do and What Do They Look Like Nuances aside, the former hasn’t changed. What does a VP of Marketing do? Unless you’re in B2C or self-serve, a B2B marker has always done the same thing: put stuff in the funnel and help move it down. As a marketer, you ask the same thing.
Establishing yourself as a thought leader and building an engaged audience on the platform can help generate new customers for your business, exciting job opportunities, and even paid side projects as a B2B (or B2C) creator. Day 14 Share a seemingly random event in your life that you now know led you to an amazing opportunity.
The team had all of this infrastructure for the main product and decided to use that same infrastructure to apply it to new products. They were cannibalizing Programmable Media without productmarket fit, which is a big no-no. This is where the big mistake came in.
They supply their customers with a full marketing suite and customer data software for thousands of SMB, e-commerce businesses. This is more normal in consumer land, but in the B2B / SaaS world, we forget that using software should be fun, not a grind. Klaviyo was bootstrapped, so there wasn’t much time to find productmarket fit.
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