This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Dear SaaStr: What Is the Playbook for a SuccessfulCustomerSuccess Team? A good playbook for customersuccess is all about driving retention, expansion, and customer happiness while making it scalable: Hire Truly Product-Savvy CustomerSuccess Managers at First Focus on hiring people who customer-focused product nerds to start.
Here’s an uncomfortable truth about SaaS companies: the majority of first-time VPs of Sales don’t make it past 12 months. The 30-Day Evaluation Framework Test #1: Did They Bring in 1-2 Great Sales Reps in the First Month? The 30-Day Evaluation Framework Test #1: Did They Bring in 1-2 Great Sales Reps in the First Month?
Workato’s SVP of Embedded Sales and Director of Solutions Marketing joined us at SaaStr Annual to talk about how to nurture customers — a great topic in general, but especially for embedded sales and APIs that can take a while to scale. CustomerSuccess. The Second Most Important SaaS Hire?
So G2 put out a survey and report on customersuccess recently that was an eye-opener: 67% of CS execs report having a sales quota 53% of CS execs now view their job as primarily a sales role Now some of this may be semantics. CS now is primarily an upsell and sales function in many cases.
Dear SaaStr: What Should I Do in a Sales Audit? A sales audit should be comprehensive and focus on identifying strengths, weaknesses, and opportunities across your sales process. Sales Process Efficiency : Analyze how well your sales process is working. Are customers satisfied with the sales process?
You can talk about the roadmap or sales strategy until you’re blue in the face, but if you don’t have the team to do it at scale, there’s no point in talking a ‘big game.’ ” The best sales leaders are the ones that are even better recruiters than the CEO. It’s recruiting five or six.”
I remember about 24 months back I asked one of the very best VPs of Sales I know to help me find a VP of CustomerSuccess. This VP of Sales has built legendary teams, and his Directors and Managers have gone on to run many of the top SaaS companies out there. The best VPs of Sales are closers. Or want to, really.
If a sales rep closed a deal, A customersuccess manager should take it over. An open question around smaller customers is how do you staff up CustomerSuccess for them — if at all. And as startups scale, many try to automate away support and success for the smaller accounts.
A little ways back Databricks VP of Sales Heather Akuiyibo joined SaaStr to share unexpected things that work well at Databricks GTM organization as well as some things that havent worked as well. Deep Dive: Unexpected Learnings Time Management as Competitive Advantage Most sales organizations guess how reps should spend their time.
10 Ways AI Will Change Sales Forever. The #1 Thing That Makes Enterprise Customers See Value: A Great Dashboard #3. 10 Ways AI Is Going to Change Sales. The Top 10 CustomerSuccess Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta #5. Top Posts: #1. Its Already Happening, In Fact. #2.
A decade ago, Gainsight championed the creation of the customersuccess category. People curious and passionate about customersuccess convened at the Pulse conference to debate customersuccess. Ten years hence, customersuccess continues to evolve.
Getting customersuccess right is one of the most powerful levers in SaaS: Upsell + expansion with existing customers costs 62% less than acquiring new customers ($0.63 new customer CAC, per KeyBanc 2021 Private SaaS Company Survey ). upsell + expansion CAC vs $1.67 Video: Intriguing Session Slides: .
Nick Mehta, CEO of CustomerSuccess leader Gainsight, recently did a short post above on his Top 7 takeaways talking with customersuccess leader for the first time in-person in a long time. I love having NRR be the #1 metric for CustomerSuccess. I love having NRR be the #1 metric for CustomerSuccess.
Heres how Id break it down: 0 t o $ 1M ARR: Founder-Led Everything Sales : Founders should lead sales. No VP of Sales yetdont even think about it. Having said that, if you have a steady stream of leads and customers, you really can’t hire a great VP of Demand Gen / Growth too early. More on that here.
A gap opens up when: – Sales abandons the customer the moment deal is closed – Support too reactive & slow to solve real issues – Deployment harder than should be. What I mean is, with most SaaS companies, there’s just a huge customer workflow break. So CustomerSuccess becomes the default Gap Filler.
CustomerSuccess has gotten worse over the past few years. The best CustomerSuccess teams are still amazing. A head of customersuccess at a unicorn this week asked us for a meeting after turning over team — and literally knew nothing about us. We’ve been a customer for 6 years.
B2B Startups Spend 15% of Revenue on Sales and 10% on Marketing, Per SaaS Capital #4. Built a Bottom-Up AI SaaS Without a Single Sales Rep #5. The Top 10 CustomerSuccess Metrics Investors Care About in 2025 with Gainsight CEO Nick Mehta #4. The Problem with Small But Mighty AI Start-Ups #2. 100+ Are in B2B. #3.
How can you bridge the gap between sales and tech to drive customersuccess? The 3 Building Blocks The three building blocks that bridge the gap between sales and Field CTOs are: Product knowledge Balance Trust Building Block #1: Product Knowledge Field CTOs must work closely with sales from a customer perspective.
So I think 2023 may mark The End of CustomerSuccess as We Knew It. The Massive Push to Efficiency As almost every public SaaS company got cash-flow positive and radically more efficient, and most startups had to stretch their dollars much further — customersuccess took a lot of the brunt. What happened? Just This Week.
2025 is year that AI takes over all of support and customersuccess that isnt sales. A lot of support is questions and problems from existing customers. But, where support is really sales, humans will handle it still. The same is happening, just more slowly across customersuccess. It still is today.
So ChurnZero put out a great new report surveying 1,037 customersuccess professionals. It can be a bit tricky to implement if you don’t have high alignmment between your VP of Sales and your VP of CS, but you should still try to do this. Having Sales own them usually creates the most pain. Grab it here.
I’ve talked with three CEOs at leading vendors in sales and post-sales at $200m+ in ARR the past few weeks and they’ve all reinforced these are some of the biggest changes in a generation. What we’ve seen in the first 15 years of SaaS: Specialization in sales. Segment reps, and have closers close. Everyone now.
Even with late stage VC capital much harder to get now, and the IPO markets still frozen, I see many folks on my LinkedIn feed saying Sales and CustomerSuccess are underpaid. Well, for most of time, about 10% of the “profit” on a deal has done to sales, and about 5% of renewals have gone to customersuccess.
How do you leverage your customersuccess team to drive revenue growth? Hook’s Head of Customer, Natasha Evans, took the stage at SaaStr Europa to discuss the three things leaders should focus on to fuel revenue growth. Historically, customersuccess teams have been pretty data-poor.
Dear SaaStr: How will Ai Change Sales in The Next 12 Months? It’s already fundamentally remade the contact center and post-sales. And it’s just getting there in sales. This will take sales calls from 10% being great to 95% being great because the AI will always be prepared and accurate.
So we’ve been writing about the power of a strong, funded, dedicated customersuccess organization since the beginning of SaaStr way back in 2012. I now dread calls and Zooms with CustomerSuccess — and I’m not alone. Having CS report to sales. This turns it into a sales function — not a success function.
Dear SaaStr: How often will a sales engineer also wear a customersuccess hat in an early stage of an SaaS startup? The “traditional” role of a sales engineer is to support the sales team through the close of a deal. Stick around until the customer is fully deployed, at least. Pretty darn common.
Dear SaaStr: Does It Make Sense to Have Post-Sales Functions Report into Sales? In theory, why not let sales “keep” the customer longer? They already know the customer, after all. Even if having a CRO own post-sales and CS is becoming much more common these days. Because most great VPs of Sales are closers.
Is it the end of an era for customersuccess in SaaS? We just wrote up how some of the biggest changes of SaaS are now coming, specifically in CustomerSuccess and Sales. CustomerSuccess Is Vulnerable to Cuts Jason shared that he didn’t realize how vulnerable customersuccess was to cuts until 2023.
Let’s review everything your customersuccess team has to do in the absence of any customersuccess tools. Collect customer data to calculate complex formulas for tracking metrics, monitor customer health scores, and resolve support tickets while continuously trying to improve retention and expansion.
For restaurants, it’s the back end, front end, point of sale, payroll, ERP, and workforce management. Mangomint has one onboarding manager for every two sales reps, but with no contracts and a 30-day free trial, onboarding starts during the trial. Most sales reps hate it. Daniel talks to at least 5-10 customers every week.
So in the earlier days especially, you’ll be tempted to lean on the sales team to do more than just … sell. Especially because the first 1-2 successful reps you hire will often be a bit of a product expert, and be great at really understanding customer problems. It has some positives, the more you ask sales to do.
The landscape of customersuccess has been evolving rapidly. So much so that we seem to be releasing new content on customersuccess just about every week. Today we’re focusing on actionable insights you can use to drive down churn with customersuccess in today’s new era of SaaS efficiency.
Up this week is Jonah Mandel, VP of Sales and CustomerSuccess at Capchase. The post Uncharted: Capchase’s VP of Sales and CustomerSuccess on What Top Performing SaaS Companies Are Doing Now appeared first on SaaStr. Give the episode a listen here.
If you are a SaaStr reader, you’ll know how passionate I am about CustomerSuccess, since Day 1. What it all means is that if you do it right, you’ll make 6x or more the revenue from your customers after the sale itself. For not just your customersuccess team, but yourself as well.
You should find, hire, and manage the VPs of Sales, Marketing, CustomerSuccess, Product and Engineering and even Finance yourself. I think $1.5m ARR is too early for an experienced COO in 95 cases out of 100 — unless it’s a total rocketship and you plan to be at $10m+ ARR within 12 months.
When Lindsey joined, she inherited an already built-out self-serve/PLG model for small businesses and a mid-market and enterprise sales, customersuccess, and post-sales team. The SMB sales team was incentivized purely on logo acquisition rather than revenue. With only 4% conversion by month two versus a 10% goal.
So a little while back we had a deep dive on just how much of a product expert your VP of Sales needs to be, and your sales team in general. The bottom line is while views weren’t consistent, I can tell you VPs of Sales that don’t know the product close to cold … fail. More on that here. Trust me here.
In Deliberately Underselling as Sales Strategy , I wrote about the importance of sizing contracts below customer needs to ensure customersuccess. Since then, I’ve spoken to many sales leaders & Lee Kirkpatrick who originally surfaced the concept during Office Hours on how to do this well.
If you are sales-driven, youll usually stall out at $1.5m-$2m in ARR or so if you dont start growing the team to the next level, The First 50. Theres just physics here to get to $10m in ARR in a sales-led model, even a partially sales-led model: After $1.5m Youll need another sales rep at least per every $500k in new ARR.
When Marc Benioff started Salesforce, he codified the sales playbook. Then Mark Roberge , former Hubspot CRO, wrote The Sales Acceleration Formula with deep insights into quota structures. The biggest challenge to that outlook is an increase in the sales cycle. That elongated sales cycle created pipeline supply shocks.
We’re rolling out the next wave of speakers for 2025 SaaStr Annual, May 13-15 in SF Bay: Bill Staples, CEO, Gitlab Josh Reeves, CEO, Gusto Eddie Kim, CTO & Head of AI, Gusto Drew Houston, CEO, Dropbox Arvind Nithrakashyap, Co-Founder & CTO, Rubrik Sridhar Ramaswamy, CEO, Snowflake Jeremy Burton, CEO, Observe AI Jack Newton, CEO and Founder, (..)
Key points about SaaStr Annual : Focus on SaaS: Primarily focused on all aspects of SaaS business including sales, marketing, product development, and customersuccess. Large Audience: Considered the biggest SaaS conference with a large number of attendees from leading SaaS companies, startups, and venture capital firms.
We organize all of the trending information in your field so you don't have to. Join 80,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content