article thumbnail

SaaS Churn: Myths, Benchmarks, and Strategies to Retain More Revenue

FastSpring

To investigate, Ryan Law, former CMO and cofounder of Cobloom, performed an analysis of six recent churn reports or studies and found that there is no consensus on the average churn rate for SaaS companies. Quantitative Data Gathering: Website and Product Data. Qualitative Data Gathering: Surveys and Exit Interviews.

article thumbnail

The Stages Of A SaaS Company: When To Scale For Success

Chargify

Establishing relationships with advisors and/or mentors. Establishing/implementing metrics and analytics**. We should note that utilizing Sean Ellis’s product/market fit survey, NPS (net promoter score), and activation and retention rates are important elements of implementing metrics and analytics. Finding channel/market fit.

Scale 74
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

End of Year Software Discounts: Savvy Cost Saving or Short-Sighted Business Move?

Sales Hacker

For example, in the reference above, Apple doesn’t technically discount their technology on Cyber Monday. For example, Peter Kazanjy , Cofounder of Atrium HQ , suggests saving on commodities but splurging when there’s a superior differentiated solution. The data was old and not validated the way they described in their sales pitch.

article thumbnail

Dharmesh Shah of HubSpot: From Day 0 to IPO. What Went to Plan. What Most Certainly Didn’t (Video, Podcast + Transcript)

SaaStr

Co-founder and CTO Dharmesh Shah shared with us how they got there — and the top mistakes they made — just 3 quarters after their IPO. We have someone that probably 98 percent of you know virtually or socially in some sense, Dharmesh Shah, founder and CTO of HubSpot. But of course, it wasn’t always quite that big!

article thumbnail

SaaS marketing guide: differentiate your SaaS marketing strategy

ProfitWell

Moreover, social marketing has considerable added value as a data bank for your company. As a result, focusing on the bigger picture and showing off how your product will change your target’s business tends to yield better results than hammering home its technical pedigree. Combining your metrics with your marketing campaigns.

article thumbnail

SaaStr Podcast #364 with Figma Head of Sales Kyle Parrish

SaaStr

What I think we saw in a bottoms-up business like Figma where you have a free offering, you have a paid consumer offering, and then the happy path is moving customers to enterprise, what you have is a ton of product data across the domains in which your customers are using Figma in some capacity.

article thumbnail

How to Close the Enterprise When You’re Just a Startup (Summit Replay)

Sales Hacker

Somebody may have a title, they may have a CTO, CEO, co-founder, or whatever. Could somebody come in and help with a technical conversation? And we talk about two metrics, average value per meeting — what is your average value per meeting? You’ve got to go get more and more and more external data points. 3% (24:26).