SaaStr

OCTOBER 25, 2021

Dear SaaStr: What is The Typical Conversion from Paid Pilot to Annual Contract in SaaS? I.e., allowing new customers to cancel the contract after 60 days for any or no reason if they aren’t happy. Because in the pilot period, we almost always got them fully into production and successful. 70%+ once you are doing it right.

Contract 100

Contract Conversion Closing Start-ups 100

Martech

JULY 29, 2022

There are a range of ABM technology solutions available to support this strategy, but selecting and implementing one can be a fraught and expensive process. Decide whether or not you need to engage in a formal RFI/RFP process. What are the long-term product roadmap and launch dates? How easy was the set-up process and how long?

Contract 101

Contract B2B Technology Technology 101

Sales Hacker

OCTOBER 11, 2021

To help take some of the pressure off, companies focus on technology investments to help their sales teams increase win rates and accelerate revenue while automating a lot of the tedious, manual processes that prove to be a bottleneck in the sales cycle. 7 sales processes you can automate now. Modernize the proposal and quote process.

Process 85

Process Cross-sell Contract Negotiate 85

SaaStr

APRIL 8, 2020

In the last year we’ve been leveling up a lot of our systems at SaaStr, and as part of that, moving from a lot of self-service and simple products to more robust ones. And one thing I’ve been shocked about is how few sales processes have kept up. You are starting off at NPS 0 if you put your prospects through a painful buying process.

Product 132

Product Contract Construction Negotiate 132

Search Engine Land

APRIL 19, 2024

Outline expectations during the sales process Setting expectations at the beginning of a client engagement or project is crucial for success. For advertising agencies, the time to set expectations is before the advertiser even becomes a client – during the sales process. That’s neither feasible nor productive for anyone.

Contract 110

Contract Clients CRM Meeting 110

Sales Hacker

JUNE 13, 2023

I hear this a lot from business leaders — and it’s always kind of sheepish: “Chris, how do we actually make a sales process?” Sales processes don’t just happen. If you’re building a sales process for the first time — or tweaking an existing sales process — it’s important to get this right. And I get it. Here’s how.

Process 87

Process Cross-sell Sales Finance 87

Sales Hacker

JULY 18, 2022

Which is why it’s key to strengthen customer retention processes by automating them, keeping customers engaged, and detecting any signs of churn before they happen. Automate these 5 processes to boost customer retention. One surefire road to customer churn is the customer not knowing how to use the product.

Process 75

Process Education Contract CRM 75

Search Engine Land

APRIL 12, 2024

TikTok is reportedly developing AI-powered virtual influencers that will be able to compete against human creators for lucrative advertising contracts. Business email address Subscribe Processing. The new AI avatars can allegeldy read scripts for video ads created from prompts submitted by brands and TikTok Shop sellers. Why we care.

E-commerce 119

E-commerce Contract Promote Campaign 119

Highspot

DECEMBER 5, 2023

Explore a range of sales process examples and learn how to align with the customer’s journey for better buyer engagement , relationships, and sales success. What is a Sales Process? Sales Methodology Sales Process Examples Sales Process Mistakes to Avoid Mastering Your Sales Process With Highspot What is a Sales Process?

Process 52

Process Real Estate Objectives and Key Results Negotiate 52

SaaStr

MAY 25, 2020

I recently put out a call on Twitter and LinkedIn on folks’ top tip to take friction out of their sales processes. At the end of the call we’ll walk through the application so you can start trying the product” — Sam Blond, CRO, Brex. In your contracts. “E contract” — Julie Grieve, CEO CritonHQ.

Closing 135

Closing Process Contract Price 135

Martech

APRIL 25, 2024

This can change many things, including price, customer service, contract enforcement and more. Don’t let the potential end product decide what you need to do. Your legal team should review existing contracts to see if it has any “in the case of being purchased” clauses. Product roadmap. Know what you need and why.

Contract 72

Contract Legal Price Technology 72

Spiro Technologies

JANUARY 3, 2024

On this podcast, I talk with company leaders about how they’re modernizing the business of making, moving, and selling products, and of course, having fun along the way. Instead, today, we’re going to be talking with Keith Smith, the CEO of Vonco Products. I’m your host, Adam Honig, the CEO of Spiro.ai.

Process 59

Process Hospitality Manufacturing Sales 59

Sales Hacker

FEBRUARY 2, 2021

It represents the culmination of ‘art’ and process, where the enterprise sales process is modified to better reflect the client’s unique and specific needs. SMB Sales vs Enterprise Sales Process. This model is relatively popular for companies dealing with low-cost products associated with low customer acquisition cost.

Niche 95

Niche Closing Process Government 95

Sales Hacker

APRIL 19, 2022

Measures include multi-year contracts, implementation fees, different products, demo appointments set, quarterly quotas, number of sales accepted opportunities, services, etc.). In our report, we found that one-third of companies offer higher payouts for multi-year contracts. I suggest avoiding more than three measures per plan.

Commission 86

Commission Product Quota Drivers/motivators 86

InsightSquared

MAY 7, 2019

At the highest level, SaaS companies look at sales expense, headcount, sales productivity and SaaS metrics like: The cost of new customer acquisition (CAC). Underlying those metrics are processes which can improve or reduce performance in each of the above metrics. Customer lifetime value (CLV). Customer churn or retention rates.

Product 102

Product Territory Contract Sales 102

PandaDoc

APRIL 17, 2024

Contractor management software is a tool that helps organizations streamline and automate the processes related to hiring, onboarding, monitoring, and evaluating external contractors and vendors. Your business can be more efficient and productive if you use CMS. The purpose of this is to boost efficiency and productivity.

Contract 52

Contract Construction Government Legal 52

PandaDoc

APRIL 17, 2024

Contractor management software is a tool that helps organizations streamline and automate the processes related to hiring, onboarding, monitoring, and evaluating external contractors and vendors. Your business can be more efficient and productive if you use CMS. The purpose of this is to boost efficiency and productivity.

Contract 52

Contract Construction Government Legal 52

Search Engine Land

MARCH 21, 2024

Whether it’s your first time or tenth, streamlining the ramp-up period when onboarding a new SEO agency will save you effort in the long run and lay the path to a productive partnership. Process: Understanding their process, workflow and digital strategy. This introduction is a great way to begin the communication process.

Contract 106

Contract Education Clients Trust 106

Iannarino

MARCH 2, 2023

This sales strategy has been part of B2B sales processes and is practiced by sales reps in many sales organizations. What if your B2B buyer has a set of pain points that needs your attention before you can process the pain points you are accustomed to resolving ? The first question was what they paid.

B2B 293

B2B Contact Clients Entertainment 293

Sales Hacker

DECEMBER 20, 2018

To consistently perform, sales leaders need to master the science of sales productivity. What is Sales Productivity? Sales productivity is all about maximizing time spent on the most critical sales rep activities (prospecting, client meetings, networking) and minimizing the resources needed to accomplish them (i.e. Qualifying.

Product 96

Product Tradeshows CRM Appointment 96

Iannarino

JULY 6, 2021

This post may be a bitter pill for those who believe their clients buy from them because they like their company, their products, or both. Even though these things are important, their value can only be recognized (not to mention realized) after the client signs a contract. You Facilitate Their Buyer’s Journey.

Clients 328

Clients Contract Contact Conversion 328

SaaStr

FEBRUARY 28, 2021

My point is, it’s “easy” (relatively speaking) to get a six-figure contract in larger companies if you solve a real, painful business process problem. But obviously, you’ll probably need a lot more people and processes (and features and software development) to provide a true solution.

Product 117

Product Contract Price Sales 117

PandaDoc

APRIL 17, 2024

Well, are you a SaaS company or an organization that deals with yearly or multiyear subscriptions and/or contracts? Key takeaways ACV stands for “annual contract value.” It’s a metric that tells you about the yearly revenue generated by individual contracts. It goes hand-in-hand with total contract value (TCV).

Contract 52

Contract Non-Profits Legal Clients 52

PandaDoc

APRIL 8, 2024

Key takeaways One of the primary functions of a deal desk is to bring together decision-makers from sales, legal, financial, and marketing departments to optimize the deal creation and execution process. A deal desk is a team within a company responsible for managing and negotiating deals, contracts, quotes, and other sales documents.

Negotiate 52

Negotiate Cross-sell Contract Legal 52

Salesforce

SEPTEMBER 26, 2023

Here’s the hard truth: “You don’t know if they’re ready to buy until they tell you they’re ready to buy, and you can’t believe it until you get a signed contract,” said Richard Harris , sales coach and founder of The Harris Consulting Group. But do they really want to buy, or are they just window shopping?

Contract 119

Contract Negotiate Follow-up Contact 119

Martech

FEBRUARY 29, 2024

If the CMO clearly articulates that an important priority for the department is for everyone to learn to use the tools in the martech stack, I am very confident that results will improve due to increased efficiency and productivity. Business email address Subscribe Processing. In your inbox.

Contract 105

Contract Technology Technology Price 105

Search Engine Land

APRIL 24, 2024

By understanding these prospects’ search intent signals, you can precisely reach the hottest leads primed to convert to your product or service at key “action” moments. People who are interested in your services or products. Let’s imagine you are in a contract-based industry, such as phone, cable or insurance.

Legal 108

Legal Contract Gambling Lead generation 108

Martech

FEBRUARY 27, 2024

When an influencer recommends a product or service, their endorsement comes across as a recommendation from a trusted friend rather than a corporate slogan. Up to 81% of consumers report having been influenced — by an influencer, creator, friend or family member on social media — to purchase a product. In your inbox.

Legal 117

Legal Strategic partnership Contract Trust 117

Martech

JANUARY 9, 2024

Know why you want to partner with creators Whether it’s amplifying brand awareness, launching a new product or simply wanting to better understand the organic communities your brand could benefit from, it’s important to have goals in mind. Product reviews. Influencers provide their honest opinions on products to their audience.

Niche 128

Niche Negotiate Legal Contract 128

CloserIQ

JULY 1, 2019

An effective process is essential to consistent sales revenue. Without the right process, you’ll only work at a fraction of your potential. So, here’s how to create a winning sales process in seven steps. . Lay the groundwork for an effective process. There are usually two stages of this process. Assess new leads.

Process 89

Process Objectives and Key Results Contract Pitch 89

Openview

MAY 29, 2019

Often, you are faced with a choice between veering off your product development roadmap to drop everything in support of an enterprise customer’s demands or losing their account (which could hit your revenue churn number in a painful way). Consider who in your organization will be point to collect responses and manage that process.

Product 93

Product Customers Sell Contract 93

Smarter With Gartner

JULY 2, 2021

Hi-tech product planning is a high-stakes effort that requires decisions to be made in the face of uncertainty — it’s important to know if customers will embrace the new offering or not. Product marketers must adjust their messaging in a downturn and support new strategies in a recovery from a disruptive crisis.

Product 82

Product Minimum Viable Product Drivers/motivators Technology 82

Gong.io

JUNE 8, 2022

Meet the MEDDIC sales process. . If you deal with buyers whose complex, internal politics and buying processes feel like a black box, the MEDDIC sales process gives you a clear path forward. For modern sales teams, the MEDDIC sales process is the embodiment of the old saying, “An ounce of prevention is worth a pound of cure.”

Process 62

Process Objectives and Key Results Quota Sales 62

Salesforce

FEBRUARY 14, 2024

Get new insights now Set up for customer service automation in 3 steps Every customer service automation process is a journey that begins with a request and ends (ideally) with a great customer experience — but you can’t do that until you’re clear about where you’re going and the rules of the road. What are the decision points?

Service 98

Service Customers Contract Legal 98

Martech

JANUARY 17, 2024

This process continues throughout the implementation and pays off after the kickoff. Implementations can be scrapped at any time Let’s say your business signed a contract for a new marketing platform. The incumbent IT team had signed a two-year contract for Marketing Cloud. Business email address Subscribe Processing.

Appointment 101

Appointment Contract Technology Technology 101

SaaStr

NOVEMBER 11, 2020

With that came the enormous burden of a contract and that dreaded lock-in period. The usefulness of the product came secondary to the attractiveness of the product brief. Usage and adoption of the product matter the most. One of the cohorts might need some help or training in overcoming some product roadblocks.

Growth 68

Growth Product Drivers/motivators Sales 68

Sales Hacker

NOVEMBER 10, 2023

Contract renewal dates. A spotlight falls on customer loyalty, an influential force on the revenue secured during contract renewals. While the obvious and important way to build and cultivate customer loyalty is to build a product that people love, the reality is that it takes time.

GTM 93

GTM Intrinsic Customers Contract 93