Wed.Apr 10, 2024

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How software companies can leverage value added services to deepen customer relationships

Payrix

User experience has become a cornerstone in shaping the world of SaaS. Your product is your bread and butter, and as a verticalized software company, you know just how important a tailored, industry-specific application is to your end user. Dedication to delivering an exceptional user experience ensures your software is something that your customers can’t live without in their business day-to-day.

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SaaStr on My First Million Podcast: Reverse Engineering Your Way to $100,000,000+

SaaStr

Sam Parr was kind enough to bring me on to The First Million Podcast. He has a broader audience than just B2B so it we touched on more topics that usual, and it was a great convo: Pricing in the early days Why you have to get to $300k+ in revenue per employee When to go multi-product Why your second product has to be bigger than your first How to double your pricing over time The challenge in low NRR models The One-and-Done VC fundraising model The full convo and pod here: The post SaaStr on M

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Customer Retention Management: Benefits, Metrics, Strategies, and Examples

User Pilot

How do you keep hold of your customers? Through customer retention management. The longer you can retain your customers, the more revenue you make and save from not having to find new ones. This article will walk you through what customer retention management is and provide you with some top customer retention tactics and strategies. TL;DR Customer retention management focuses on understanding customer needs to keep them loyal and retained.

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5 Interesting Learnings from DropBox at $2.5 Billion in ARR

SaaStr

So I’ve been doing SaaS long enough to remember when Dropbox was a super hot SaaS startup. Fast forward to today, it’s settled into a very mature leader, with slow growth but impressive efficiency … at a stunning $2.4 Billion in ARR. Operating Margins are a wildly impressive 33%, but revenue growth has slowed to a very mature 6%, and paid customer count actually dropped last quarter.

Scale 239
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SaaS Essentials: Failed Payment Solution Guide

For SaaS businesses, improving retention is one of the easiest and most effective ways to drive revenue and profits. With a clear link between failed payments and customer churn, having a robust failed payment recovery solution isn’t optional—it’s essential. Achieving your retention goals starts with the right solution.

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Guide to Knowledge Base Creation For SaaS: Steps, Best Practices, and Tools

User Pilot

Knowledge base creation is critical to enhancing self-service support. As your business grows, you can expect the number of support tickets to increase and the stress levels of your customer service team to go up. Building a knowledge management system can stem the tide, keeping your customers happy and ensuring your support agents can focus on more important tasks.

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How to Build a Customer-Centric Sales Process

CloseSaaS

Stop guessing what your customers want. Our guide to a customer-centric sales process will teach you how to meet customers where they're at and build trust.

Sales 52
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Best CRMs for Construction Companies

Nimble - Sales

In construction, it’s crucial to manage projects, clients, and resources well to succeed. The industry is very competitive, so companies need more than just technical skills – they need efficient ways of doing business. That’s where Customer Relationship Management (CRM) systems come in. They help construction businesses organize their work, improve relationships with clients, and […] The post Best CRMs for Construction Companies appeared first on Nimble Blog.

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How revenue automation can support your business initiatives

Zuora

How do you know if you need more revenue automation? As your business grows and scales to meet changing customer needs, shifting industry trends, and compliance requirements, you will inevitably find your revenue recognition processes becoming more complex. To keep up with the rapid pace of change, your accounting team will need greater levels of […] The post How revenue automation can support your business initiatives appeared first on Zuora.

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The Essential Guide to Choosing a Modular, Short Barrel Rifle

SaaS Metrics

Introduction to Modular Short Barrel Rifles What Defines a Modular Short Barrel Rifle? A Modular Short Barrel Rifle (SBR) stands out for its modularity and compact size, enabling easy customization and enhanced maneuverability. These characteristics make SBRs both a versatile and practical choice for personal defense and law enforcement operations. The Appeal.

Metrics 52
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Straight Facts About PayFacs: What Every ISV Should Know

Speaker: Pete Uselman, Director of Partner Experience at Wind River Payments

Many software companies are exploring PayFac-as-a-Service providers in an effort to drive more embedded payments revenue and gain greater control over the customer experience. But there are nuances in a PayFac relationship that often get downplayed – nuances that can impact the risk and resource responsibilities of software providers. In this webinar, integrated payments veteran, Pete Uselman discusses the following: What is a PayFac?

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RightNow Media’s Leap into Global Markets Powered by Chargebee

Chargebee

When RightNow Media, the leading provider of faith-based videos, decided to spread its wings and venture into international territories, little did they know that their homegrown billing system would become one of their biggest hurdles. Managing a subscription-based model is challenging enough, but scaling it across borders requires next-level navigation.

Scale 52
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The Role of Inclusive Leadership in Organizational Success with Jackie Ferguson

30 Day Leadership

In this episode, host Nils Vinje welcomes back guest Jackie Ferguson to explore the evolution and significance of inclusive leadership in achieving organizational success. During their discussion, Nils and Jackie delve into the transformative impact of inclusive leadership. They emphasize its role in fostering innovation, boosting productivity, and creating a sense of belonging among employees.

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7 Best WhatsApp Chatbot Tools: Unlock Your Business Potential

How To Buy Saas

We are in the age of prompt and efficient communication. WhatsApp has become a powerful tool for both personal connections and businesses to streamline communication and connect with customers. This messaging platform has a staggering user base of over 2.78 billion people worldwide and over 200 million businesses. And guess what? Success is all yours when this popular messaging platform is combined with a revolutionizing chatbot.

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How to Make Money on Instagram in 2024

Buffer Resources

In 2014, making money on social media was a feat for a select few people like travel creator Gabby Beckford ( @packslight ), who made $2,000 for six Instagram posts in the same year. It wasn’t a viable path for most creators — and there weren’t many options in the first place. Fast-forward a decade, and the landscape of creator monetization has changed completely.

Payments 120
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SaaS Business Fundamentals: How Decline Codes Impact Failed Payment Recovery

A failed payment isn't just a lost transaction - it could mean a customer churning for good. But not all payment declines are the same. For SaaS businesses, decline reasons vary, shaped by customer demographics and the nature of your service. Understanding your decline reason make up can be a game changer when it comes to improving retention and revenue.

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How to Improve Customer Experience? 17 Strategies to Follow

User Pilot

How to improve the customer experience of your SaaS product? That’s the main question that this article explores! More importantly, we share 17 engagement strategies to help SaaS companies enhance their CX. Let’s get right to it. TL;DR Customer experience is how the product makes the user feel during their interactions at all customer journey stages.