article thumbnail

The 250,000 Customer Club: How HubSpot and Monday.com Both Created SMB+ Empires

SaaStr

Both started SMB (Monday even more so), and Both have now gone more enterprise (Monday even more) But still with the vast majority of their customers SMB. Bold Marketing Investments : The company’s aggressive marketingincluding their memorable Big Game adhas built massive brand awareness.

SMB 272
article thumbnail

How SMB Digital Brands Can Win the Best Talent

FastSpring

Larger technology companies can pay more, offer more benefits, and provide a more marketable brand on a candidate’s resume. So how are smaller companies supposed to compete with large brands for the best talent? to working for smaller brands. And some people really value brand names. Lizzie, welcome to Growth Stage.

SMB 108
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

HubSpot and Shopify Are Both Going More Enterprise. But Also — More SMB.

SaaStr

So two of the great leaders in SMB SaaS, Shopify for e-commerce, and HubSpot for sales, marketing and more, are going more upmarket: HubSpot 100+ seat deals are up 55% Shopify now gets 31% of its revenue from “Plus” or its bigger brands and more enterprise product And yet … they are also both going more SMB as well!

SMB 322
article thumbnail

It May Be Easier to Sell a Second Product to New Customers, Not Existing Ones

SaaStr

It’s easier to sell an existing product to the same buyer than find a brand new buyer (although even that has nuanced, as you max exhaust the budget your existing buyer has). New SMB customers often don’t already have a next-gen payroll platform in place. Which nine times out of 10, you should.

SMB 195
article thumbnail

The State of Software Buying: From SMB to Enterprise with G2’s CMO

SaaStr

You should also invest in building a community around your brand. The post The State of Software Buying: From SMB to Enterprise with G2’s CMO appeared first on SaaStr. For example, you can incentivize advocacy by rewarding customers for reviews and support user-generated content and co-marketing efforts. .

article thumbnail

5 Interesting Learnings From Monday at $1.125 Billion in ARR

SaaStr

The company is successfully evolving from its SMB roots into a serious enterprise software contender. The ability to maintain NDR above 110% at this scale from a still primarily SMB base proves their land-and-expand model continues to work effectively and customers find ongoing value in the platform.

Scale 177
article thumbnail

Do SMBs Need Customer Success? 100% For Sure If You Also Have Sales Involved

SaaStr

If your SMB product requires or has a salesperson involved in closing, that’s a clear sign you also want a human being involved in making sure that customer is a success post-sale, too. Just assign a certain amount of ARR per each SMB customer success manager. Support has to handle a lot of routine SMB issues anyways.