Sat.Nov 24, 2018 - Fri.Nov 30, 2018

article thumbnail

The 100 answer challenge: How our support team helped train Answer Bot

Intercom, Inc.

We recently launched Answer Bot , an intelligent chatbot that provides precise answers to customers and which successfully resolves 29% of your most common frequently asked questions, right there in the Intercom Messenger. It was the culmination of a huge amount of work by multiple product teams, and vast amounts of research by our machine learning experts.

article thumbnail

The Four Stages of Sales Compensation Structures in Early Stage Startups

Tom Tunguz

Your startup is just getting off the ground. You might have a few account executives and a sales leader in place; maybe some revenue and a handful of customers. The sales team costs real money, and the question before the company is: how do you know what quota plan to assign to the account executives? I’ve seen four stages in early stage software companies.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Getting Software as a Service (SaaS) Accounting and Financial Operations Right from the Start

SaaSOptics

By 2020, more than 80 percent of software providers will change their business models from “traditional” perpetual license and maintenance to subscription-based models. A perpetual model requires customers to pay a fee upfront to purchase a license for the system or application, whereas a SaaS model requires a monthly subscription fee. While some providers, such as Dropbox, were created “as a service,” thousands of other software vendors that started out with traditional licensing models are rea

article thumbnail

6 Reasons to Walk Away from a Deal

Sales Hacker

Why successful sales people walk away. When you’re young and new to sales, there’s a strong compulsion to chase after every opportunity that comes your way. It’s not surprising, just getting prospects to engage at all has become so hard! So, when you get someone to actually talk and you spot a possible opportunity, you’re onto it all guns blazing! There’s a sort of die hard, “I’m a sales guy/gal, I’m relentless, I never give up” type mentality that sets in.

Banking 76
article thumbnail

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.

article thumbnail

Why Your SaaS Business Needs an Affiliate Program

FastSpring

Starting, or investing in, an affiliate program is a great idea for just about any ecommerce company. This is even more important for a software-as-a-service (SaaS) company. Here are seven reasons why every SaaS company should start—or invest in an affiliate program. 1. Loyal Customers Can Help Drive Revenue as Affiliates. A SaaS affiliate program makes it possible for a customer to sell and market the product they already use to others.

More Trending

article thumbnail

Successful Seven-figure Funding Round for Provider of SaaS Customer Loyalty Platform

The SaaS Garage

Loyalty Prime Intensifies Its International Growth. By Loyalty Prime , December 29th, 2018. . The Loyalty Prime Group, a leading provider of SaaS-based loyalty platforms, has completed another seven-figure funding round. The investors are Bayerische Beteiligungsgesellschaft ( BayBG ), which is a new investor in the company, and the existing consortium of investors – including Senovo , UVC Partners and business angel Alexander Bruehl ( SaaSgarage.com ) – that has been in place since

article thumbnail

How to Increase Diversity and Inclusion in Your Sales Hiring Process

Sales Hacker

Let’s set a scene. Company raises money and is now ready to “scale the sales team.” Their current seller has done a great job, so the natural inclination is to assume that we want to replicate that person and sales will continue to grow, right? “John is our best AE– I need 10 more Johns!”. Fast forward 1 year later: “Oh no, my entire sales team looks the exact same…”.

article thumbnail

What Is PCI Compliance And Why Is It Important For Your Business?

FastSpring

Today, many businesses have moved from physical to digital products and services to leverage the benefits of ecommerce. However, the risk of a costly data breach is always present. So there is a growing need for companies to ensure the security of payment cards, customer IDs, and user account information stored in their systems. Trust is the most valuable part of a customer relationship—especially when it comes to customers sharing their payment information online.

article thumbnail

Product update: Improved call quality for Close users

CloseSaaS

We've always strived to be the CRM with the best built-in calling for sales teams. Since we launched predictive dialingearlier this year, we’ve seen a huge jump in Close users getting on calls with prospects.

Sales 52
article thumbnail

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.

article thumbnail

Rolling Out a Zero Trust Security Model? Here’s What You Need to Think About

BetterCloud

This is the second part of our blog series on achieving effective SaaS management using a Zero Trust security model. If you haven’t read part one already, check it out here. . In part one of this series , I said that SaaS was creating a host of new security challenges stemming from cloud sprawl and shadow IT. Network-based security architecture is no longer adequate because people are the perimeter now.

article thumbnail

PODCAST 35: How Goal Setting Can Change Your Career with Dannie Herzberg, Sales Director, Slack

Sales Hacker

This week on the Sales Hacker podcast , we interview Dannie Herzberg , Head of Mid-Market Sales at Slack. Dannie is one of the top sales leaders in the country having spent time helping Hubspot IPO over 5+ years and then moving on to Slack where she leads all SMB, Mid-Market, and Sales Development efforts for the US and Canada. . If you missed episode 34, check it out here: PODCAST 34: The Benefit of Finance Background to Help Company Growth w/ Rob Lopez.

article thumbnail

10 SEO Tips for Driving More Traffic to Your Ecommerce Website

FastSpring

Three letters are crucial to your site’s success: SEO. Search engine optimization is the process of increasing the online visibility of your webpage through organic search engine results. Studies have shown that the first five results on Google get 67% of all clicks , so optimizing your web pages allows your business to rank higher on the search result page and receive more organic (non-paid, voluntary browsing) traffic by people who are interested in your software or digital product.

article thumbnail

How to Scale Customer Support and Customer Success at Your Startup

ChurnZero

Every SaaS organization needs Customer Support and Customer Success functions. But most scale their teams in messy and ineffective ways, leaving them with a large cost burden and very little to show for it. To dive into this topic we hosted a well attended webinar this week with Michael Redbord, who is the Vice President and General Manager of the Service Hub at HubSpot.

article thumbnail

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.

article thumbnail

How to Get More From Your SaaS User Testimonials

Cobloom

User testimonials are a powerful form of social proof that will help to foster trust in your business by demonstrating the value of your service or product, and in turn improve conversion rates and generate more leads. They offer a genuine, independent indication of the quality of your service. To have the most impact, a good testimonial should be real, relevant to your user, and in the right place.

SaaS 42
article thumbnail

Why the World’s Leading CMOs are Doubling Down On Events To Generate Pipe

Sales Hacker

The post Why the World’s Leading CMOs are Doubling Down On Events To Generate Pipe appeared first on Sales Hacker.

Sales 56
article thumbnail

Top Ecommerce Trends in Europe That You Need To Be Aware Of

FastSpring

Thinking about taking your business global? Unsure about which market to break into next? Or maybe you already have your sights on the European Market but you’re still “on the border” about fully committing resources? Today we’re finally putting all your questions to rest by covering Europe’s ecommerce trends so you can get a holistic view of the European ecommerce market.

Trends 61
article thumbnail

What Skills Do Best Product Managers Have?

Rakam

When I was aspiring to be a good product manager, I did some research on what makes a good product manager or product people. I have gathered some intel from the various books and articles while I was interviewing some of the successful product managers I know. I put together a list about the common traits of the best product managers, but I left out some of the typical things like “become a good person”, “work hard”, “be respectful” and so on.

article thumbnail

Driving Growth, Customer Satisfaction, and Retention through Usage-Based Pricing

As companies strive to boost revenue, deliver customer value, and stay competitive, they are increasingly embracing the potential of usage-based pricing.

article thumbnail

How to Create Better Forms

2Checkout

What is a (digital) form? In a broader sense of the meaning, a form, is an interface that collects through interactions, the required information, in a logical, meaningful way, and then passes it to at least one third party entity. Sounds complicated, right?

40
article thumbnail

Taming SaaS Security Challenges with the Zero Trust Security Model

BetterCloud

This is the first part of our blog series on achieving effective SaaS management using a Zero Trust security model. Stay tuned for parts two and three. Today, the new reality is that network-based security is no longer adequate. With an increasingly mobile workforce and the spread of shadow IT, plus the rapid rise of cybercrime, companies must find new ways to effectively manage their sprawling SaaS portfolio.

article thumbnail

Outseta Company Update - November 2018

Outseta

By Geoff Roberts 3 min read The home stretch of 2018 is upon us and it’s been an exciting year at Outseta. We began charging users for the first time in January and the evolution of our product since that time has been remarkable to see. Here’s what we’ve been up to since our last company update. New Feature! Live Chat Live chat tools have been a big deal as of late - companies like Intercom and Drift, Hubspot and Zendesk - they’ve all gotten into the mix.

Scale 40
article thumbnail

Introducing RevenueStory’s Alerts and Goal Tracking

Chargebee

If a big customer ends up churning you need to know that right away - not tomorrow morning, when you open your analytics dashboard. Set goals and subscribe to real-time alerts for your key metrics on RevenueStory.

Churn 40
article thumbnail

Addressing Top Enterprise Challenges in Generative AI with DataRobot

The buzz around generative AI shows no sign of abating in the foreseeable future. Enterprise interest in the technology is high, and the market is expected to gain momentum as organizations move from prototypes to actual project deployments. Ultimately, the market will demand an extensive ecosystem, and tools will need to streamline data and model utilization and management across multiple environments.

article thumbnail

55% Converted by Manual User Onboarding Strategy? Here's How to Do it Smoothly.

Upscope

One founder of a company decided to manually onboard users and converted 55% of them. It doesn't scale but it works wonders. Imagine you could show each new user your app in minutes? We've managed to get our manual onboarding set up down to an effortless 3 clicks in 3 seconds. We'll show you why great companies recommend a manual onboarding strategy and how to make it flow perfectly.

article thumbnail

Helping Businesses Grow and Thrive [VIDEO]

Navint

This short video shows the business transformation to recurring revenue (and subscriptions) models and the common pitfalls, and how Navint helps businesses grow and thrive in the new reality of the Continuous Customer. ? ?. Transcription. The way we do business is evolving. The era of one and done transactions is now the era of subscription and recurring revenue services.

article thumbnail

Zendesk Onboarding Email Breakdown

SaaS Onboarding Emails

Unsurprisingly, Zendesk focuses on customer support and chatting with the team during its free trial email series. Series Overview Zendesk sent nine emails, including one authentication message, during the 14-day free trial. All of the emails were sent based on time passed, and not specific actions that were taken. Day 1.1: Authentication Subject Line: Verify your email address Sender Name: Zendesk Send Time: Immediately after signup Objective/Content: Verify email address CTA: Click here to ve

article thumbnail

3 Customer Engagement Strategies Every PM Should Know

Rakam

Every product has a customer engagement strategy and it is crucial to know about these strategies so you can understand what engagement strategy your product falls in. Having this information is going to help you to create a better growth framework for your product and you will be able to develop a precise strategy to hit your customers. There are 3 strategies, transaction, productivity and attention.

article thumbnail

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.

article thumbnail

Q&A with Elena Verna at Amplitude Amplify Conference

Casey Accidental

I recently gave a presentation at the Amplitude Amplify Conference on Growth Models. I then had the pleasure of interviewing one of my favorite leaders, Elena Verna, GM of the Consumer Business at MalwareBytes and previous SVP of Growth at SurveyMonkey. The video is now online. We talk about how MalwareBytes and SurveyMonkey grow, the different types of word of mouth, how to think about freemium as a strategy, the content loops of SurveyMonkey and Eventbrite, building network effects, and much m

article thumbnail

Enterprise SaaS Pricing Advice We Wish We had Known

Upscope

We found SaaS enterprise pricing to be quite confusing at first but having been through the process enough now, here's our advice for our younger selves. We cover 3 main enterprise deals and how each turned out. Related : How we Thought we'd get Enterprise Buyers and what Really Happened Also see : 10 Companies give you their Best Advice for Doing Demos that Sell What's an enterprise customer?

article thumbnail

Get Your Reps To Own Their Metrics

Sales Hacker

The post Get Your Reps To Own Their Metrics appeared first on Sales Hacker.

Metrics 59