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Selling to developers and technical audiences requires a different approach than traditional B2B SaaS sales. In a recent SaaStr Workshop Wednesday , Komodor CRO Jim Hunnewell who also previously led sales at companies like GitHub, shared his first-hand experience and insights for successfully selling to engineering teams.
Salesforce, Nov 2024: We're hiring 1,000 new sales execs to sell AI! in sales to sell AI. Per The Information , Benioff has also instructed his sales team to go all-in and put AI and Agentforce into every deal possible. They need 2,000 new sales execs for that. It doesn’t sell itself. Not really. SaaS is Back.
Your first few sales reps have to be … different. "That early sales team … they have to be product gurus. They dont need to be engineers, but they need to learn your product inside and out. And Have They Sold Somewhere Where Sales Is Hard? A bit of a product savant. Do They Understand Your Product?
So clearly AI is rapidly changing the way we do sales, but how will it all shake out? Over in the contact center and post-sales space, we can already see 20%+ of customer support execs been routinely replaced by AI. But what about the more personal sales side? But be realistic, take your time, experiment, tune the engine.
The benefits of account-based marketing are clear: internal alignment, shorter sales cycles, higher conversion rates. Data is the fuel that powers your ABM engine. We’ll show you how to create a unified system with your sales team to help them land more qualified opportunities and connect with prospects like never before.
The Journey: From WiFi to IoT Fleet Management Sekar’s journey began unexpectedly when he joined Meraki (founded by MIT researchers Sanjit Biswas and John Bicket) to help them figure out marketing and sales “from first principles.” This cross-pollination effect accelerated product development in unexpected ways.
You may think competition matters, but a great head of engineering and product will outpace the competition. Or a great growth marketer paired with a great sales team will punch above their weight class. Our head of product, head of engineering, like pretty much everybody in leadership. Nothing else matters.
When Lindsey joined, she inherited an already built-out self-serve/PLG model for small businesses and a mid-market and enterprise sales, customer success, and post-sales team. But at the start of its expansion play, Checkr’s enterprise motion failed, and sales cycles were slow, taking up to a year for $100k & up deals.
Dear SaaStr: How Should I Specialize My Sales Team? One thing is clear: most founders and VPs of Sales and CROs look back and wish they’d specialized their sales team earlier. SMBs often require a high-velocity sales motion, while enterprise deals are slower and more relationship-driven.
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. Discover which features will differentiate your application and maximize the ROI of your embedded analytics. Brought to you by Logi Analytics.
Heres how Id break it down: 0 t o $ 1M ARR: Founder-Led Everything Sales : Founders should lead sales. No VP of Sales yetdont even think about it. 1 M t o $ 3M ARR: Build the Foundation Sales : Once you have 2 reps consistently hitting quota, its time to hire your first VP of Sales. AI can’t do it all.
Top Posts of the Week: #1: Salesforce: Actually Were Going to Hire 2,000 Sales Execs Now To Sell AI #2: Gong: $100k Deals Take About 70 Days to Close #3: Why The Greatest Sales Teams Just Kill It On Dec 31. When Everyone Else Has Gone Home. #4:
Dear SaaStr: How often will a salesengineer also wear a customer success hat in an early stage of an SaaS startup? The “traditional” role of a salesengineer is to support the sales team through the close of a deal. Pretty darn common. And as you scale, the role should likely end there.
How Many Sales Reps You Really Need for Next Year #4. But Not Always a Great Win for Their Late Stage Investors Inherent Churn vs. What It Really Takes to Sell To Developers and Engineers with Komodor CRO Jim Hunnewell #3. From Outbound to Channel Partnerships: Your Burning Sales Questions Answered by Jason Lemkin #5.
Force them to go annual, and you are just adding friction to the sales process. Yes, as you scale you do need to maintain efficiency in sales and marketing. Give that VP of Sales / Marketing / Engineering more time. You can bring in 1 or 2 great sales execs to the team. Focus, focus, focus on 1 core product.
You should find, hire, and manage the VPs of Sales, Marketing, Customer Success, Product and Engineering and even Finance yourself. I think $1.5m ARR is too early for an experienced COO in 95 cases out of 100 — unless it’s a total rocketship and you plan to be at $10m+ ARR within 12 months. ARR you should still be the COO.
46,771 Views: “From Burn-Out to $100M in ARR with Jason Cohen, Founder of WP Engine” #6. 41,000 Views: “Veeva: The Biggest Vertical SaaS Success Story of All Time” with Founder/CEO Peter Gassner #7, 37,000 Views: “Sales Mistakes that Can Kill Your SaaS Business & How to Avoid Them” #8.
By moving from Freemium to “Contact Me” only (albeit with transparent pricing), sales went way, way up. And they probably needed to do this, to get the revenue engine going. So many sales leaders get frustrated with Free editions, very low-cost editions … and the Long Tail in general. But it supports them.
Next up is Jason Cohen, founder of $100m+ WP Engine. Believing a failed experiment disproves a theory Early in WP Engine’s history I tried building an affiliate program to generate sales. It didn’t — we get barely any sales, and those we got were low-dollar and high-churn. We declared it a failure and moved on.
As the co-founder and CEO of Intellimize (acquired by Webflow), Guy brings a unique perspective from his journey through iconic companies like Microsoft, Yahoo, and Twitter, as well as his background in aerospace engineering. It includes a breakdown of the Sales AI landscape, adoption of GenAI and Sales software across buyer groups.
At SaaStr AI Day, Siqi Chen, founder, and CEO of Runway , discussed his belief of why every role will become a prompt engineering role, along with some no-code AI tips showing how to build products without knowing how to code. Why Is Every Role a Prompt Engineering Role Runway is a next-generation finance platform. How does that work?
Historically, the burden of customer feedback fell on the solutions engineers and CS architects. Other Learnings in the GTM Journey GitHub has had to adjust to new sales stages and new buyer personas. Sometimes, you have to say no or push them into a specific package, which is true post-sale for adoption.
Keys to HubSpot’s Success: The “Hub” Strategy : HubSpot mastered the land-and-expand model, starting with Marketing Hub and strategically expanding to Sales Hub, Service Hub, CMS Hub, Operations Hub, Commerce Hub, and Content Hub. Its not either / or. Or at least, it doesnt have to be. At least not in horizontal plays.
Or didn’t want to do sales. She should hire leaders for Sales, Marketing, Engineering, Product and Customer Success, or at least most of them. . … they all failed or came up way short. I felt part of your core job as CEO was to assemble a management team, not complain about how you couldn’t get it all done. I still believe this.
Engineering resources: With thousands of engineers, companies like HubSpot can make substantial AI investments when they choose to 3. Proprietary data access: “We’ve got the zoom data, the calling data, the email data…If you’re a startup breaking in and you want to do some amazing AI work, it’s tricky.”
Dear SaaStr: What’s a Good Benchmark for B2B Sales Cycles? To overgeneralize, but to give you a pretty rough sense: Sales cycles are very much impacted by the intent of the prospect. Once you have a bit of an engine going though: Deals < $2,000 in ACV should close on average within 14 days. appeared first on SaaStr.
How can you bridge the gap between sales and tech to drive customer success? Sarah Polan, EMEA Field CTO at HashiCorp, and Louise Fellows, VP NEMEA at HashiCorp, explore the relationship between Field CTO and sales to help you understand why it exists and how you can leverage this relationship when you have a highly technical product.
Net net, if the average RevenueCat engineer is twice as efficient as before AI dev tools (and it’s not that simple. The Second “Problem” With Small But Mighty AI Teams … Is Enterprise Sales A tiny team can be fairly efficient with a 100% self-serve and PLG motion. And can it sell and scale sales?
Key points about SaaStr Annual : Focus on SaaS: Primarily focused on all aspects of SaaS business including sales, marketing, product development, and customer success. Large Audience: Considered the biggest SaaS conference with a large number of attendees from leading SaaS companies, startups, and venture capital firms.
The other day Brendon Cassidy, the first head of sales at LinkedIn and the first VP of Sales at $10B Talkdesk, Adobe Sign / EchoSign, and more — and now co-CEO of Cosell — and I caught on what’s changing in the Sales Playbook for 2022. An interim VP of Sales can work — if it’s done right.
In SaaS, #1 most common misfire, with a bullet, is the VP/head of sales. It goes something like “You’ve Got to Get Past the Carcass of Your First VP of Sales” or “It’s The Second VP of Sales When You Really Start Selling” or variants thereof. Because in SaaS start-ups, it seems like the majority of first VP Sales fail.
Prior to Datadog, Alex held leadership positions at several high-growth SaaS companies and has a proven track record of building marketing engines that deliver consistent, measurable growth. He spent over eight years scaling their marketing from zero to supporting a multi-billion dollar public company. The problem?
Dear SaaStr: How Many Sales Reps Do I Need? You can back into how many sales reps you’ll need in SaaS. Your VPs and Directors of Sales and sales ops and rev ops leaders and salesengineers are cost centers here. Assume 1 sales manager for each 8 sales professionals. 60% is OK, too.
The Three Types of Context Your AI Needs Your AI agent needs access to: Team documents & engineering specs (the “how it works” knowledge) Systems of record like CRM (the structured data) Unstructured info from Slack, Zoom, etc. That’s the difference between a toy and a real product.
I’m shocked we don’t already have this for sales calls. By the end of the year, every single sales call should have a digital representative that can fill in when the human doesn’t know an answer. This will utterly change how we do sales. Don’t wait to launch your AI for a year.
Many mid-market software companies price with the goal of revenue maximization, negotiating for the highest possible price in each sale. Penetration pricing leads to land-and-expand sales tactics. Salesforce sells CRM seats based on an aggregate ROI of increased sales productivity for example.
Sales up 22%! For example, Owner.com operates with a notably flat structure, maintaining a ratio of one product manager to sixteen engineers. Engineers are empowered to make technical decisions and write their own product requirement documents, functioning essentially as “mini-founders” within the organization.
It could be a VP of Product, Sales, or Engineeringsomeone who takes ownership of a big chunk of the business and cares almost as much as you do. He brought 20+ engineers with him, with outsized equity packages. Stay in the Deals: If youre selling a complicated product, youll need to stay deeply involved in sales, even as you hire.
The 4 Things Most Founders Get Wrong About Marketing: “We’re a product company, not a marketing company” – The hard truth is that 9 out of 10 B2B companies spend more on sales and marketing than R&D. Mix in the classic conflict between sales and marketing teams, and you’ve got a recipe for disaster.
Here are the five channels that worked for Rupa: Search Engine Optimization (SEO) Social Proof and Trust Building Educational Partnerships and Rupa University Conferences and Event Sponsorships Outbound Sales and Data Quality Lets dive into each. Rupas sales team sent highly specific emails, doubling their ROI.
So lately I’ve watched a lot of new VPs of Sales crash and burn when they start. You’re going to possibly laugh at a few, but here are the Top 10 Mistakes I’ve Seen New VPs of Sales Make The First Week on the Job. Is it their fault? The CEO’s? It really doesn’t matter in the end. No chance. #3.
Accurate sales forecasting is more critical to business success than most realize. During SaaStr Annual , Eric Huff, VP of Sales Strategy and Programs, and Theresa Stevens, Regional VP of the SMB sales team, shared an “under the hood” look at how Salesforce does its internal forecasting using Salesforce.
A playbook ensures your sales team knows how to handle these situations without making ad-hoc promises that strain your team. If a customers demands will take months of engineering time and dont align with your roadmap, its better to pass. This should include: Criteria for evaluating requests (e.g., Pricing guidelines for custom work.
This efficiency is driven by their tailored go-to-market engine, which includes high-velocity inbound marketing, strategic partnerships with private equity firms, and a dedicated sales team for upselling Pro products and FinTech solutions. This shift has been critical to scaling beyond $500M ARR. But it’s early.
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