Mon.Oct 14, 2024

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5 Common Pieces of SaaS Advice … That Are Often Wrong

SaaStr

A few bits of advice you hear a lot in SaaS that I think often don’t really work in practice: Move to annual contracts to generate more cash. Sure, if customers want to pay annually for a discount — do it. Do it. But if your product is cheap, many will prefer to pay monthly. Force them to go annual, and you are just adding friction to the sales process.

Scale 184
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Why Lifetime Value is Relevant Again in Software

Tom Tunguz

Budget cuts followed interest rate hikes in 2022. By late 2023, more than a year of financial scrutiny had challenged many publicly traded software companies. However, 2024 has been a tough year again. Net dollar retention for publicly traded software companies fell from 113% on average to 108%, a five percentage point drop. 1 80% of publicly traded companies saw their NDR wilt again in 2024.

Software 141
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Dear SaaStr: What is The Strangest Thing You Have Learned About Entrepreneurship?

SaaStr

Dear SaaStr: What is The Strangest Thing You Have Learned About Entrepreneurship? To me the “strangest” thing I learned is that you get pretty good around Year 3–4. Almost automatically. And somewhere around Year 5 at least, if you make it that long — you know exactly what to do. I always had imposter syndrome as a CEO and founder — and still do. I never thought I could be as good as any of the successful founders I knew.

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News: Judge Issues Injunction With Details of How Google Must Open Up Android App Store to Competition in US

FastSpring

After Google was warned in August by U.S. District Judge James Donato that the court is “going to tear the barriers down,” the judge’s injunction was issued on Monday, Oct. 7 detailing what exactly that would mean for Google. The company must make several changes regarding its Play Store for Android apps according to AP News , after a jury found in Dec. 2023 that Google Play and Google Play Billing represent an illegal monopoly run by Google.

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Launching LLM-Based Products: From Concept to Cash in 90 Days

Speaker: Christophe Louvion, Chief Product & Technology Officer of NRC Health and Tony Karrer, CTO at Aggregage

Christophe Louvion, Chief Product & Technology Officer of NRC Health, is here to take us through how he guided his company's recent experience of getting from concept to launch and sales of products within 90 days. In this exclusive webinar, Christophe will cover key aspects of his journey, including: LLM Development & Quick Wins 🤖 Understand how LLMs differ from traditional software, identifying opportunities for rapid development and deployment.

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The one question sales leaders should ask every prospect

Totango

Key takeaways : Sales leaders should ask potential customers about the outcome they need to achieve to be successful. Starting with an outcome focus makes it easier for sales leads to kick off an entire customer lifecycle, rather than just a quick handoff. An outcome-first approach is the foundation of a customer-led growth motion, where new logos are seeded with the potential for retention, upsell, and expansion.

Sales 62

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How to Make Money From Saas?

SaaS Metrics

Learn how to make money from SaaS with effective strategies like subscription models and tiered pricing; discover the secrets to maximizing profitability. The post How to Make Money From Saas? first appeared on SaaS Metrics.

SaaS 52
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Scytale Makes Tekpon’s Top Compliance Software List (Again!)

Scytale

New York, NY, 14 October, 2024 We’re so excited to once again be featured in Tekpon’s list of Top Compliance Software , and it’s all thanks to our incredible team here at Scytale. This recognition reflects the hard work of our talented product team who ensure we’re building the features and solutions our customers need to make their compliance processes seamless, and of course, the dedication of our amazing compliance expert team who guide customers from start to finish of their compliance

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Is Zoom a SaaS?

SaaS Metrics

How does Zoom exemplify the principles of SaaS with its cloud-based platform and subscription model? Discover the features that make it quintessential. The post Is Zoom a SaaS? first appeared on SaaS Metrics.

SaaS 52
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What’s the Best Payment Processor for Small Business?

Stax

As a business owner, the number of executive decisions that need to be made on a day-to-day basis can be scary at times. Hunting for a payment processor provider for your business shouldn’t be one of those things. When digging through the thousands of solutions that are meant to help you accept payments, finding the right tools is a priority but it’s not everything.

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How To Speak The Language Of Financial Success In Product Management

Speaker: Jamie Bernard

Success in product management goes beyond delivering great features - it’s about achieving measurable financial outcomes that resonate across the organization. By connecting your product’s journey with the company’s financial success, you’ll ensure that every feature, release, and innovation contributes to the bottom line, driving both customer satisfaction and business growth.

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Is Amazon Prime a SaaS?

SaaS Metrics

Is Amazon Prime a SaaS? Discover how its unique blend of services challenges traditional definitions and leaves room for debate. The post Is Amazon Prime a SaaS? first appeared on SaaS Metrics.

SaaS 52
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The one thing SaaS go-to-market teams keep getting wrong (and how to fix it)

Totango

Key takeaways : The buying cycle is more complex than ever, with increased scrutiny from finance. Every business needs a customer-led growth motion to stay in business for the long term. Go-to-market teams need to prioritize customer ROI as the driver of decision-making, metrics tracking, and relationship management. Account executives can’t sell like it’s 2017 anymore.

Scale 71