Tue.Aug 03, 2021

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Don’t Make These Frequent Freemium SaaS Mistakes

Totango

A freemium strategy is one of the best ways to sell a SaaS product. However, common freemium SaaS mistakes can thwart this otherwise effective approach. Here we’ll help you steer clear of the most frequent pitfalls SaaS companies encounter when deploying a freemium sales model. First, we’ll consider why a freemium approach works so effectively when it’s executed correctly.

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SmartStart Review

The Daily Egg

SmartStart is the free version of SmartRecruiters’ core product, and it is meant for smaller teams and organizations. The product does a great job of tracking applicants, accessing job boards, and creating an excellent candidate experience. However, it falls behind others in the category due to its limit on the number of active openings available. […].

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Dear SaaStr: Do I Really Need a Top Brand VC?

SaaStr

Q: How important is it to have a premier VC fund backing you vs angels at a higher valuation? I think in most cases, it mostly boils down to Next Round Risk. If you raise money from top or even top-ish brand VCs at a reasonable valuation, you usually get at least 3 benefits: Top Partners at Top VC Firms are Usually Good for a Second Check if you are doing OK / decent but not great yet.

Branding 274
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The Complete Guide to Employee Handbooks

The Daily Egg

If you’re questioning the importance of an employee handbook for your organization, think again. An employee handbook gives employees a detailed overview of company-specific policies, key procedures, benefits, and guidelines. It helps set clear expectations of what you expect from your employees and defines employee rights while also stating your legal obligations to them.

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Beyond the Basics of A/B Tests: Highly Innovative Experimentation Tactics You Need to Know

Speaker: Timothy Chan, PhD., Head of Data Science

Are you ready to move beyond the basics and take a deep dive into the cutting-edge techniques that are reshaping the landscape of experimentation? 🌐 From Sequential Testing to Multi-Armed Bandits, Switchback Experiments to Stratified Sampling, Timothy Chan, Data Science Lead, is here to unravel the mysteries of these powerful methodologies that are revolutionizing how we approach testing.

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Don’t Panic, Most Sites Are Seeing Traffic Drops

Neil Patel

It’s been a crazy rollercoaster over the last year and a half due to Covid. When Covid first came out, the majority of websites across the globe saw traffic drops as you can see from the graph above. But within a few months, things didn’t just reverse, many industries were facing all-time high traffic levels. Just look at ecommerce as a sector, it’s had rapid growth.

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More Trending

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How to Build Better Ads With the Facebook Ads Library

Neil Patel

What if you could see every ad currently live on Facebook? Imagine the data, ideas, and revenue you could generate. You no longer have to imagine. Facebook Ad Library gives you free access to view any ad currently live on the Facebook ecosystem. With one of the largest advertising audiences on the internet at an estimated 2.74 billion people and a ridiculously competitive CPC of $0.43 , Facebook is one of the best places to advertise online.

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Why Do You Need Link Building Strategies for Your Startup in 2021?

SaaS Metrics

Linking building is the heart and soul of SEO. It’s a practice that is favored by businesses and marketers alike. The process is vital since it comes under the top two criteria by which search engines judge your website for declining authority. According to OutreachMonks, more than 15 percent of search engine. Read more. The post Why Do You Need Link Building Strategies for Your Startup in 2021?

Startup 105
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An Alternative To Freemium That Worked For HubSpot [video]

OnStartups

In the early days of HubSpot, I somewhat accidentally ended up discovering a new approach to freemium that wasn't really freemium. Here's a short (1 minute 15 second) video clip on what I found that worked brilliantly for HubSpot and helped us drive spectacular early reach.

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Reflection: The Greatest Gift a Leader Can Give

Sales Hacker

“I actually want to really understand how you are doing. Because I feel like you’re being stretched in a bunch of different ways.”. Hearing those words from a boss can be powerful, life-changing even. Shannon Wasiolek entered a career development conversation with a leader and had a very different conversation than she expected. It was a space for reflection.

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How Investors & Strategic Buyers Evaluate Integrated Payment Strategies

Explore how integrated payment strategies impact investor and buyer evaluations. Payments are more than a feature — they’re a key to long-term success and market differentiation. They help SaaS companies offer seamless user experiences and efficient operations. Investors and strategic buyers assess these integrated payment strategies as a measure of a company's growth potential and sustainability.

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Bao Solutions raises €2.5 Million to further expand its business in Europe

The SaaS Garage

German conversation-intelligence startup raises €2.5M in Seed round led by Amsterdam’s Peak MUNICH, August 3, 2021 ( Vishal Singh , silicon canals ) — In a recent development, the Munich-based ‘Conversation-Intelligence’ startup bao announced that it has raised €2.5M in its Seed round of funding. Munich-based bao solutions , which stands for “be as one”, is a startup that helps sales teams to identify success factors in their conversations.

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Everything You Need to Know About Recurring Revenue

ChurnZero

No matter what role you are in at your SaaS organization, metrics are key to your success. They help you evaluate performance of the business, team as well as individual contributors. When looking at metrics, it is important to be able to tie it back to what matters the most to your board and investors – revenue. . Let’s take a look at some metrics that directly measure your company’s revenue performance.

Revenue 98
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What is Net Sales Revenue: Net Revenue vs. Net Sales Revenue

Baremetrics

We’re here to tell you that all revenue is good revenue. But there are nuances that you need to know when operating your SaaS business when it comes to revenue. Those nuances come into play when understanding the different types of revenue in your SaaS business. In this article, we’re going to define the types of revenue from NET revenue to Net Sales revenue, what is sales and look at how Baremetrics helps measure your revenue metrics.

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PODCAST 172: How Revenue Sprints Help your Company Scale with Ryan Staley

Sales Hacker

Today on the show, we have Ryan Staley , the founder and CEO of Whale Boss, where he helps Founders, CEOs, and Revenue Leaders implement revenue by 7 and 8 Figure Sales Systems in less than 3 months. We go deep into how to sell to the enterprise and scale revenue through revenue sprints. powered by Sounder. If you missed episode 171 check it out here: How to Hire Salespeople with the Future In Mind with Anjulika Sain.

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The Big Payoff of Application Analytics

Outdated or absent analytics won’t cut it in today’s data-driven applications – not for your end users, your development team, or your business. That’s what drove the five companies in this e-book to change their approach to analytics. Download this e-book to learn about the unique problems each company faced and how they achieved huge returns beyond expectation by embedding analytics into applications.

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Does Your Product Need Its Own Category?

OpenView Labs

Whether you’re talking about an actual battle or a metaphorical battle, defining the battlefield is a classic strategy. For SaaS companies, this means taking the leap into category creation, a sophisticated positioning exercise that allows a company to name—and own—a new space. This gives a brand the advantage of being “the first,” which is typically an excellent position from which to defend market dominance.

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How to build a quota-crushing remote inbound sales team

CloseSaaS

Base your inbound team around the buyer journey by figuring out where in the funnel customers need the most help to make a purchase decision. Then, hire for the right remote fit. Once your remote inbound sales team is in place, use automation to help them sell more efficiently.

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Everything You Need to Know About Recurring Revenue

ChurnZero

No matter what role you are in at your SaaS organization, metrics are key to your success. They help you evaluate performance of the business, team as well as individual contributors. When looking at metrics, it is important to be able to tie it back to what matters the most to your board and investors – revenue. Let’s take a look at some metrics that directly measure your company’s revenue performance.

Revenue 52
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LMS Pricing – Choose the Right Fit for Your E-Learning Platform

Chargebee

E-learning platforms are riding the growth wave, with platforms like Class Central, Coursera, EdX, and more having grown exponentially in the last year. The Massive Open Online Course (MOOC) market size is projected to reach USD 67.18 Bn by 2027, from USD 7.34 Bn in 2020, growing at a CAGR of 37.2% during 2021-2027.

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6 Reasons Why Your Integrated Payments Strategy Could Fail

If you're in the software industry grappling with integrating payments into your business model, understanding where others have stumbled can be a game-changer for your revenue goals. Discover 6 key reasons behind the struggles many face. The challenge goes beyond the technicalities of integrating a payment system; it delves into the strategic oversight of revenue shares, negotiations with payment providers, and the full exploitation of potential revenue streams.

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An Alternative To Freemium That Worked For HubSpot [video]

OnStartups

In the early days of HubSpot, I somewhat accidentally ended up discovering a new approach to freemium that wasn't really freemium. Here's a short (1 minute 15 second) video clip on what I found that worked brilliantly for HubSpot and helped us drive spectacular early reach.

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Knowledge transfer from sales to Customer Success

CustomerSuccessBox

In this era of SaaS and subscription businesses, getting the user to buy your product is only the beginning of a long journey ahead. During the entire process with the customer, pre-sales and post-sales, there is a need for a close relationship between Customer Success and Sales. This close relation can be built with good communication and articulation between both teams.

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Deloitte Canada acquires SAP consultancy firm Clockwork

ITPro

The acquisition builds on Deloitte’s SAP Enterprise Solutions offering

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Aug 03 – Customer Success Jobs

SmartKarrot

Role: Customer Success Director Location: Remote, Redwood City, CA, US Organization: Exo As a Customer Success Director, you will manage a team who nurture the overall customer relationship, establishing a trusted advisor-type relationship to ensure overall customer satisfaction. Build processes for customer success, including but not limited to those around customer satisfaction, customer support, and sales operations.

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Monetizing Analytics Features

Think your customers will pay more for data visualizations in your application? Five years ago, they may have. But today, dashboards and visualizations have become table stakes. Turning analytics into a source of revenue means integrating advanced features in unique, hard-to-steal ways. Download this white paper to discover which features will differentiate your application and maximize the ROI of your analytics.

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10 Link in Bio Services to Try For Social Media

Neil Patel

If you’ve spent any time on social media, especially Instagram, you’ve likely seen your favorite influencers post “link in bio” or even use the hashtag #linkinbio. What does the phrase mean, and can it improve your Instagram marketing? It’s not just a weird trend; directing users to click the link in bio is a powerful tool to help you drive traffic from social media to your website, product pages, and more.

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CFOs Want FP&A to Marshal Value Creation

OPEXEngine

FP&A teams should spend less time explaining the numbers and more time working with the business to manage them. This article originally appeared on CFO.com. Can financial planning and analysis ( FP&A ) groups keep up with the rapid, profound changes in many companies? Consider, for instance, what’s shaking up the media industry. Consumption patterns have changed as traditional television viewing’s share shrinks, digital streaming rises, and content creators can more easily self-publish

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Customer Visibility – Why it Matters, Benefits, the Role of CS

SmartKarrot

Ensuring that your customers feel valued is quintessential to your business. If you wish to develop healthy, long-term relationships, it is vital to have access to all of your customer information. Even though your company dedicates itself to rendering real customer relationships, it simmers down into nothingness when your business lacks true customer visibility.

Scale 19
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Valuable insights: The principles behind our new research, analytics, and data science team

Intercom, Inc.

One of our core company values at Intercom is “We obsess about our customers’ success.” We love solving our customers’ most important, most urgent, and most valuable problems. To do this, we believe that understanding our customers and how they use our products holistically is critical. Gaining that holistic understanding, however, is a huge, ever-changing challenge – it requires deep context into our products, customers, and business.

Data 211
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10 Red Flags in Integrated Payment Partnerships: Moving Towards a Mutual Benefit

Navigate the complex world of integrated payment partnerships with this essential guide, a treasure trove of insights for software companies. It unveils ten critical red flags to watch out for, from the dangers of hidden fees to the constraints of restrictive contracts. This guide is crucial for identifying potential pitfalls and aligning with the right partners.