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The Typical Startup Saw a 24% Increase in Sales Cycle in 2023

Tom Tunguz

Sales cycles shifted dramatically in 2023. Slower sales cycles create pipeline shocks & startups are feeling the impacts. The average startup saw a 24% increase in sales cycle from early 2022 to 2023. 60 day sales cycles are now 75 days. The data analysis uses the results from the 2023 GTM Survey.

Startup 299
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CRO Confidential LIVE with Sam Blond and Gong’s SVP Sales at SaaStr Annual 2023!!

SaaStr

We’re getting one of the most popular guests, Jameson Yung, SVP Sales at Gong together with Sam Blond to do it LIVE with tons of time for Q+A and deep dives at SaaStr Annual 2023 in SF Bay Area Sep 6-8 !! The post CRO Confidential LIVE with Sam Blond and Gong’s SVP Sales at SaaStr Annual 2023!!

Sales 193
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What’s Really Different in SaaS in 2023

SaaStr

The best of us kept growing , albeit with elevated churn through 2010: What Really Happened to SaaS in the ’08-’09 Recession And to those of us who have been doing SaaS a long time … 2023 just feels Like it Used to Be. Sales is hard again. Revenue multiples for public SaaS companies in 2023 IMHO are still too low.

SaaS 228
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2023 Was The Year of Hiding Inside the Base. 2024 Has to Be The Year of Growing It.

SaaStr

So there’s a perhaps obvious conversation everyone should be having, but isn’t: “Look, in 2023 we basically hid inside our existing customer base. And maybe take renewals away from sales — if they took it too far in 2023. We saw way too much abuse here in 2023. We pushed through record price increases. Change the game.

Cloud 280
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The Ultimate Gartner Report to Driving Growth & Recurring Revenue

In 2023, companies are looking to improve their revenue and drive sustainable growth by scaling their subscription offerings, to increase the rate of growth and resilience by moving from one-time sales to recurring revenue.

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Watch The Top 7 Sessions From 2023 SaaStr Annual!!

SaaStr

But if you want to catch up on the 7 Most Popular Sessions from 2023 Annual, here they are! #1. AMA with SaaStr’s CEO Jason Lemkin: Live From SaaStr Annual 2023 #6. “6 Questions Founders Should Be Asking Themselves to Drive Value from Generative AI” Base10 Partners #7. appeared first on SaaStr.

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The “2023 Pass” is Coming to An End

SaaStr

Many SaaS leaders in sales and marketing spaces saw growth go from 100% to 10%, from 50% to 0%. All of their time got sucked up in late 2022 and 2023 on dealing with the huge bets they’d made on unicorns that looked to be potentially going under. And so what happened is everyone else sort of got a pass in 2023 by VCs and others.

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How to Leverage Intent Data for Better Outcomes

Speaker: Susan Spencer, Principal of Spencer Communications

Intent signal data can go a long way toward shortening sales cycles and closing more deals. The challenge is deciding which is the best type of intent data to help your company meet its sales and marketing goals. May 10, 2023 at 12:30 pm PT, 3:30 pm ET, 8:30 pm GMT Don’t miss this must-attend session.

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Feedback Frenzy: Restoring Customer and Internal Alignment for Product Success

Speaker: Evan Leong - CEO & Founder, Product Signals

July 26, 2023 at 11:00 am PT, 2:00 pm ET, 7:00 pm GMT Join our webinar as we delve into customer feedback strategies and explore diverse methods for gathering and organizing feedback.

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Ramping-up Your Digital CX Strategy: Adaptation of Omni Channel and Conversational Support

Speaker: Michael McMillan - Customer Experience Expert, TEDx Speaker, and Author

Customers who have a seamless buying experience, from speaking with sales and purchasing the product to easily finding support, are more likely to return to your organization and recommend it to others. Are you looking to elevate your CX support strategy?