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Gartner: Software Spend Will Grow 13.8% in 2024, to Over $1 Trillion For The First Time

SaaStr

If you’re selling software to SMB merchants and outside of tech like Shopify and Toast and Monday , things are pretty, pretty good, if in some ways still harder than before. If you’re selling sales and marketing software, like Zoominfo, it can seem a lot tougher than 12-18 months ago. So where does this all net out?

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Here are the 7 BEST data-backed sales tips of 2020

Gong.io

We will NOT miss you, 2020. Cause 2020 wasn’t a *total* wash. . that we’re rounding a corner, let’s get you ready for what comes next: GROWTH. Below are seven best-of-the-best tips from 2020 — all backed by data. Use ‘em to cross the finish line and sprint into 2021. . Follow me to read upcoming research.

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Sales AI: How to Accelerate and Increase Sales in 2021

Veloxy

A sales rep is only as good as the time they spend selling. Let Sales AI take care of all non-selling activities so your reps can focus on revenue generation. AI has been around for a while now, but its applications have been relatively low before the pandemic hit in 2020. 2: Predict Cross-sells and Up-sells.

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What Are Public SaaS Companies Taken Private At? 7.7x ARR On Average Per SaaSomomics

SaaStr

So one thing that has exploded in SaaS in the past decade is the role of Private Equity buying both public SaaS companies (to take them private, “fix” some metrics, and IPO or sell them again), and generally later-stage private SaaS companies. They are generally looking for good but not great deals. You might be worth less ?

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8 Must-Have Ecommerce Tools for Rapid Retail Growth

Sales Pop!

The year 2020 was the most successful in the history of eCommerce. ECommerce revenue for 2020 exceeded $4.13 Even companies that hadn’t had a website until 2020, suddenly went online. 8 Must-Have Ecommerce Tools for Rapid Retail Growth. The pandemic has boosted it on several fronts at once. Development Factors.

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5 Interesting Learnings From Avalara at $600,000,000 in ARR

SaaStr

And growth is strong. Founded in 2004, took 16 years to hit the first $500m in ARR, in 2020. But then it will add $200m in 2 years to cross $700m ARR shortly. If you are selling to SMBs, you have to be very efficient. Driving upmarket to cross $1B in ARR, but $100k is a big customer for them. market cap.

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How to Scale a SaaS business: 5 Growth Tips with Jason Lemkin + Algolia

SaaStr

Jason identifies product/market fit (PMF) as the stage where a startup that has struggled to get customers suddenly sees growth but they don’t know why. You may not have that magical sales person, but as a founder, you simply have to sell. On finding product-market fit in the early stages. And then, there are your superpowers.

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