SaaSOptics

FEBRUARY 13, 2022

When transitioning to a SaaS model or developing a SaaS business, many companies utilize spreadsheets, disconnected systems, and other manual processes to manage their recurring revenue business. One challenge is how software providers manage their order to cash process and capture, share, and use financial metrics internally.

Payment Features 105

Payment Features Outsourced Development SaaS Software Review 105

Chart Mogul

OCTOBER 3, 2019

This sounds complicated — how do you figure out and track whether each customer is profitable when you’re dealing with hundreds (even thousands) of leads and prospects on a daily basis? What is the Customer Acquisition Cost? CAC stands for customer acquisition cost. Source: OpenView Expansion SaaS Benchmarks Report .

Acquisition 91

Acquisition Underperforming Technical Team Startup Customer Lifetime Value 91

Baremetrics

OCTOBER 18, 2021

This system has brought more functionality, better usability, and top-notch customer service, all of which would have been impossible from one company working alone. For example, MRR is great alone for valuing your company, but it also helps you track your growth trajectory as part of the SaaS quick ratio. as soon as possible.

Outsourced Development 98

Outsourced Development Underperforming Technical Team Churn Systems Review 98

Chart Mogul

OCTOBER 3, 2019

This sounds complicated — how do you figure out and track whether each customer is profitable when you’re dealing with hundreds (even thousands) of leads and prospects on a daily basis? What is the Customer Acquisition Cost? CAC stands for customer acquisition cost. Source: OpenView Expansion SaaS Benchmarks Report.

Acquisition 52

Acquisition Startup Underperforming Technical Team Customer Lifetime Value 52

OPEXEngine

NOVEMBER 21, 2019

Did the new training program for Business Development Reps result in better conversion rates. 1 dollar in S & M spending achieves $1 net new revenue is not a great result – for all the efforts of your sales and marketing teams, you are just covering their cost. Magic Number.

Sales Hiring 45

Sales Hiring Underperforming Technical Team Scale Customer Lifetime Value 45

ProfitWell

MARCH 11, 2020

Your customer retention rate (i.e., the percentage of customers who continue to use and resubscribe to your service over time) is your golden ticket to profits. Again, a great customer acquisition rate with a bad customer retention rate is akin to throwing water into a leaky bucket. Customer service is huge!

Retention 52

Retention Metrics SaaS Payments Underperforming Technical Team 52

User Pilot

AUGUST 15, 2021

It helps you understand what your customers value most and guides your product development efforts and in-app onboarding process. Measure customer engagement with a customer engagement score. are you converting trial users to paying customers at a lower rate than the industry benchmarks ?

Engagement 98

Engagement Metrics Scale SaaS 98

ProfitWell

SEPTEMBER 20, 2019

So you’ve built a sales strategy that, from top to bottom, from development to launch, looks just about perfect — buyer personas are defined down to the brand of T-shirt they’d normally wear, very good alignment on sales goals has been established through the company, and your understanding of your sales funnel is solid.

Revenue 45

Revenue Management Sales Funnel Underperforming Technical Team 45

OpenView Labs

JANUARY 8, 2020

HubSpot’s founding notion was based on a similar seismic shift (Outbound > Inbound) and to kickstart our exploration into this new PLG motion, we spun up a new team that I worked on which sold our CRM and Sales products. We had our own management structure, product teams and a small sales/CS function attached to our new Sales tools.

Strategy 41

Strategy Sales Hiring Underperforming Technical Team Compensation 41

ProfitWell

SEPTEMBER 24, 2019

You don’t understand who your customers are, and you have no idea if you’re driving them away with poorly framed pricing packages or missing the chance to elevate your growth by charging more for your products or services. SaaS companies tend to face five major problem areas when it comes to growth: Poor unit economics.

Pricing 64

Pricing SaaS Payments Strategy Payments 64

The Marketing & Growth Hacking Publication

MARCH 3, 2019

If a company is striving to solve unexisting problems or offering poor products not suitable for the market, it, eventually, fails. And there are lots of repeated purchases, a big community of brand ambassadors, and a constant need to enlarge the team to cope with the high demand. Here’s a step-by-step plan for you to follow.

Product Marketing 40

Product Marketing Marketing Underperforming Technical Team Customer Lifetime Value 40

ProfitWell

MARCH 23, 2020

The efficiency of your sales and marketing team. Take the SUM of all your active customer MRR and divide it by the total number of customers (this is done in a monthly time frame). Customer LTV. Subscription businesses rely heavily on keeping customers around for a very long period of time.

Subscription 85

Subscription Payment Features Metrics Business 85

OpenView Labs

MAY 20, 2019

That’s certainly true in developer tooling (AWS), sales and support (Salesforce), MarTech (Adobe), commerce (Square), HR tech (Workday) and even vertical markets (Veeva). Benchmarking data shows that it’s harder than ever for new SaaS companies to gain initial traction and reach the expansion stage. They aren’t alone.

Scale 70

Scale Startup Technical Review Software Review 70

OpenView Labs

MAY 20, 2019

That’s certainly true in developer tooling (AWS), sales and support (Salesforce), MarTech (Adobe), commerce (Square), HR tech (Workday) and even vertical markets (Veeva). Benchmarking data shows that it’s harder than ever for new SaaS companies to gain initial traction and reach the expansion stage. They aren’t alone.

Scale 51

Scale Startup Technical Review Software Review 51

OpenView Labs

MAY 20, 2019

That’s certainly true in developer tooling (AWS), sales and support (Salesforce), MarTech (Adobe), commerce (Square), HR tech (Workday) and even vertical markets (Veeva). Benchmarking data shows that it’s harder than ever for new SaaS companies to gain initial traction and reach the expansion stage. They aren’t alone.

Scale 40

Scale Startup Technical Review Software Review 40

User Pilot

MARCH 9, 2023

There are two types of customer attrition: active (voluntary) attrition and passive (involuntary) attrition. The key causes of customer churn are poor customer support , buggy product, wrong product-market fit, bad user experience, poor onboarding process, high pricing, and long time-to-value.

Underperforming Technical Team 98

Underperforming Technical Team SaaS Payments Payment Solutions Payment Services 98

User Pilot

JUNE 8, 2022

Multiple teams need to gauge product analytics data. Customer success teams — for understanding customers’ needs. UX designers and developers — for making improvements to the product. As a result, if product management teams lack product metrics, they perform like helpless newborn kittens.

Data 52

Data Management Customer Lifetime Value Underperforming Technical Team 52

User Pilot

OCTOBER 18, 2023

Focusing on retention – that is, keeping your current customers for longer – can have a disproportionate impact on your revenue compared to new customers acquired. The best ways to promote customer retention differ depending on the stage of development your SaaS is at. They come back after their first visit.

Retention 52

Retention Strategy SaaS Customer Lifetime Value 52

User Pilot

FEBRUARY 27, 2023

Get it wrong and your product will be plagued by churn, declining revenue, and poor customer reviews. So how do you make sure how you provide an excellent onboarding experience to your customers? We discuss its stages, introduce the UI patterns you should use, best practices and common mistakes, benchmarks, and metrics.

Onboarding 105

Onboarding Customer Lifetime Value Engagement Underperforming Technical Team 105