How to Use Freemium & Viral Loops to Get to $50+ Million Revenue Without Burn...Traction Conf
Lucidchart has been recognized as one of the fastest-growing Product Led Growth business models in the market, driving over 700,000 registrations per month.
It didn’t happen by accident. It happened through experimentation: from running 1,000s of A/B tests to producing crazy brand videos (over 200 million views, named the only ad campaign that truly mattered in 2018 by Adweek) to constant iteration and expansion of the business model.
Dave joined Lucidchart as the 4th employee - in the basement - when the company was making just $1000 per month. Hear the lessons of how Lucidchart scaled to more than 10 million users and $50+ million revenue without burning any of the $40 million funding it’s raised. These lessons include:
- How to create partnerships with industry leaders such as Google and Microsoft
- How to build viral product loops and a scalable demand gen machine with virtually no budget
- How to use A/B testing and robust analytics the right way to develop conversion funnels with conversion rates 2X that of industry leaders like Dropbox
Furthermore, Dave will share the details and unique strategies of how Lucidchart has leveraged millions of freemium users to transform its business and develop a scalable Enterprise business akin to Dropbox and SurveyMonkey.
SEO, Social, and More: Digital Marketing for your BusinessIntuit Inc.
Every business owner wants to attract more customers, convert prospects to sales, and get more referrals from customers. Attracting the right customers to "sell and wow" will help your business bring in more sales and better your bottom line.
How to Use Freemium & Viral Loops to Get to $50+ Million Revenue Without Burn...Traction Conf
Lucidchart has been recognized as one of the fastest-growing Product Led Growth business models in the market, driving over 700,000 registrations per month.
It didn’t happen by accident. It happened through experimentation: from running 1,000s of A/B tests to producing crazy brand videos (over 200 million views, named the only ad campaign that truly mattered in 2018 by Adweek) to constant iteration and expansion of the business model.
Dave joined Lucidchart as the 4th employee - in the basement - when the company was making just $1000 per month. Hear the lessons of how Lucidchart scaled to more than 10 million users and $50+ million revenue without burning any of the $40 million funding it’s raised. These lessons include:
- How to create partnerships with industry leaders such as Google and Microsoft
- How to build viral product loops and a scalable demand gen machine with virtually no budget
- How to use A/B testing and robust analytics the right way to develop conversion funnels with conversion rates 2X that of industry leaders like Dropbox
Furthermore, Dave will share the details and unique strategies of how Lucidchart has leveraged millions of freemium users to transform its business and develop a scalable Enterprise business akin to Dropbox and SurveyMonkey.
SEO, Social, and More: Digital Marketing for your BusinessIntuit Inc.
Every business owner wants to attract more customers, convert prospects to sales, and get more referrals from customers. Attracting the right customers to "sell and wow" will help your business bring in more sales and better your bottom line.
Marketers today are fronted with audience dictates when it comes to reach and engagement. Learn how to determine which metrics you need to be evaulating in order to ensure your messaging is on target and correctly timed.
How to make your content marketing drive money, not linksKevin Gibbons
SEOs often fall into the trap of finding the latest number one ranking factor and then jumping on it until it dies… Long live meta descriptions, anchor text etc… I’m not here to tell you links are dead, but wouldn’t you rather focus on activity that makes you money instead?! This presentation will look at the trends of brands who are winning in content marketing and organic search, and show how you can focus your efforts on driving real business growth, not just SEO metrics.
Realizing the Value of Digital Business – Effective Monetization StrategiesRinku Sharma
As companies embrace “digital business” and introduce “as a service” business models, the shortcomings of incumbent business processes and legacy ERP are being exposed. Wholesale ERP replacement is not realistic. However, process and systems changes can deliver real results. By improving monetization capabilities and reducing friction across the organization, progressive companies are realizing top and bottom line gains. Highlighting best practices, lessons learned, and survey data, this session will detail what leading organizations are doing to optimize their Quote-to-Cash processes and differentiate their businesses.
Google Sidebar Update- What's the Impact? Point It, Inc
The dust has settled after the “great sidebar removal” of 2016. Now what? How has removing the sidebar ads from SERPs changed paid search strategy? What’s the real impact of showing up to 4 ads in top position? Maddie Cary, Director of Paid Search will answer those hot button questions. Don’t let the unknown get you down. Our very own industry expert will walk you through the details to make sure you can stay up to date!
Patrick Campbell, CEO, Price Intelligently - Monetization: The Forgotten Gro...Traction Conf
Price Intelligently CEO, Patrick Campbell spurs monetization as an important lever for growth and provides actionable pricing advice to monetize better. Visit: http://tractionconf.io
The digital age requires you to evolve the tools and technologies you use. With this evolution, the old pricing methods don’t work anymore.
In this research-based session, Trent McLaren will share key pricing strategies designed to ensure you thrive in the digital age.
Download blank copies of the GET CLIENTS NOW! Action Worksheet and Tracking Worksheet to plan your own 28-day program. Worksheets are available as PDFs you can print or e-versions you can complete on your computer and save.
According to Forrester, most CIO's rank employee adoption as the key barrier to realizing the ROI of emerging tech. This session will walk you through marketing strategies designed to quickly supercharge adoption within your organization and make meaningful tech-driven change part of your company culture.
Olman Quesada. 7 Deadly Sins SaaS Startups MakeOctopus Events
Olman will share with a story about 7 deadly sins SaaS startups make and tips on how to avoid them... based on his own experience at AppSumo & working with 200+ products he's helped launch.
8 surprising reasons why your business has outgrown spread sheetsSage
Did you know there are 8 reasons why your business has outgrown spread sheets?
1. You can improve the quality of sales forecasts
2. You can act on more accurate sales information
3. You can plan ahead more effectively
4. You can stay grounded in reality
5. You can protect your business
6. You can use better metrics to track progress
7. You can take the surprise out of a setback
8. You can guard your time
Why should you join bi sales team compared to other ed tech companiesBoard Infinity
Board Infinity is a one-stop solution to early career needs. We help in career transition and skilling. This is enabled by industry experts, who guide, mentor and support early career professionals and students.
Using Product Led Growth as an Indicator for Investment with OpenViewsaastr
Congratulations you’ve built a product that’s proven itself in the marketplace! So how can you leverage that product’s success to obtain the valuation and funding you need to scale? Ashley Smith, Venture Partner at OpenView will provide insight on what investors are looking for in product metrics and growth indicators so you can capitalize on your product's story for funding.
Customer Generation: Delivering on the Promise Demand Gen Forgot AboutSearch Engine Journal
Need a new approach to demand generation? Looking for a different way of going to market?
In this Search Engine Journal Webinar, you’ll learn how to:
- Perfectly understand and compare channel level performance using the LTV:CAC formula.
- Boldly identify and emotionally connect with your exact persona at your ideal accounts.
- Correctly leverage first-party data for campaign success.
- Aggressively grow pipeline revenue via gift-giving and psychology.
Across millions of dollars of spend and hundreds of accounts, boilerplate “search marketing best practices” are struggling to drive customers for technology companies.
Garrett Mehrguth, President and CEO at Directive, will walk you through how to take a new approach, customer generation, to outperform your competition.
You’ll also get templates, tactics, and spreadsheets used on the top 1% of SaaS accounts.
The 10 Most Promising Google Solution Providers.pdfMerry D'souza
This edition features a handful of Google Solution Providers several sectors that are at the forefront of leading us into a digital future
Read More: https://www.insightssuccess.com/the-10-most-promising-google-solution-providers-of-2022-july2022/
Marketers today are fronted with audience dictates when it comes to reach and engagement. Learn how to determine which metrics you need to be evaulating in order to ensure your messaging is on target and correctly timed.
How to make your content marketing drive money, not linksKevin Gibbons
SEOs often fall into the trap of finding the latest number one ranking factor and then jumping on it until it dies… Long live meta descriptions, anchor text etc… I’m not here to tell you links are dead, but wouldn’t you rather focus on activity that makes you money instead?! This presentation will look at the trends of brands who are winning in content marketing and organic search, and show how you can focus your efforts on driving real business growth, not just SEO metrics.
Realizing the Value of Digital Business – Effective Monetization StrategiesRinku Sharma
As companies embrace “digital business” and introduce “as a service” business models, the shortcomings of incumbent business processes and legacy ERP are being exposed. Wholesale ERP replacement is not realistic. However, process and systems changes can deliver real results. By improving monetization capabilities and reducing friction across the organization, progressive companies are realizing top and bottom line gains. Highlighting best practices, lessons learned, and survey data, this session will detail what leading organizations are doing to optimize their Quote-to-Cash processes and differentiate their businesses.
Google Sidebar Update- What's the Impact? Point It, Inc
The dust has settled after the “great sidebar removal” of 2016. Now what? How has removing the sidebar ads from SERPs changed paid search strategy? What’s the real impact of showing up to 4 ads in top position? Maddie Cary, Director of Paid Search will answer those hot button questions. Don’t let the unknown get you down. Our very own industry expert will walk you through the details to make sure you can stay up to date!
Patrick Campbell, CEO, Price Intelligently - Monetization: The Forgotten Gro...Traction Conf
Price Intelligently CEO, Patrick Campbell spurs monetization as an important lever for growth and provides actionable pricing advice to monetize better. Visit: http://tractionconf.io
The digital age requires you to evolve the tools and technologies you use. With this evolution, the old pricing methods don’t work anymore.
In this research-based session, Trent McLaren will share key pricing strategies designed to ensure you thrive in the digital age.
Download blank copies of the GET CLIENTS NOW! Action Worksheet and Tracking Worksheet to plan your own 28-day program. Worksheets are available as PDFs you can print or e-versions you can complete on your computer and save.
According to Forrester, most CIO's rank employee adoption as the key barrier to realizing the ROI of emerging tech. This session will walk you through marketing strategies designed to quickly supercharge adoption within your organization and make meaningful tech-driven change part of your company culture.
Olman Quesada. 7 Deadly Sins SaaS Startups MakeOctopus Events
Olman will share with a story about 7 deadly sins SaaS startups make and tips on how to avoid them... based on his own experience at AppSumo & working with 200+ products he's helped launch.
8 surprising reasons why your business has outgrown spread sheetsSage
Did you know there are 8 reasons why your business has outgrown spread sheets?
1. You can improve the quality of sales forecasts
2. You can act on more accurate sales information
3. You can plan ahead more effectively
4. You can stay grounded in reality
5. You can protect your business
6. You can use better metrics to track progress
7. You can take the surprise out of a setback
8. You can guard your time
Why should you join bi sales team compared to other ed tech companiesBoard Infinity
Board Infinity is a one-stop solution to early career needs. We help in career transition and skilling. This is enabled by industry experts, who guide, mentor and support early career professionals and students.
Using Product Led Growth as an Indicator for Investment with OpenViewsaastr
Congratulations you’ve built a product that’s proven itself in the marketplace! So how can you leverage that product’s success to obtain the valuation and funding you need to scale? Ashley Smith, Venture Partner at OpenView will provide insight on what investors are looking for in product metrics and growth indicators so you can capitalize on your product's story for funding.
Customer Generation: Delivering on the Promise Demand Gen Forgot AboutSearch Engine Journal
Need a new approach to demand generation? Looking for a different way of going to market?
In this Search Engine Journal Webinar, you’ll learn how to:
- Perfectly understand and compare channel level performance using the LTV:CAC formula.
- Boldly identify and emotionally connect with your exact persona at your ideal accounts.
- Correctly leverage first-party data for campaign success.
- Aggressively grow pipeline revenue via gift-giving and psychology.
Across millions of dollars of spend and hundreds of accounts, boilerplate “search marketing best practices” are struggling to drive customers for technology companies.
Garrett Mehrguth, President and CEO at Directive, will walk you through how to take a new approach, customer generation, to outperform your competition.
You’ll also get templates, tactics, and spreadsheets used on the top 1% of SaaS accounts.
The 10 Most Promising Google Solution Providers.pdfMerry D'souza
This edition features a handful of Google Solution Providers several sectors that are at the forefront of leading us into a digital future
Read More: https://www.insightssuccess.com/the-10-most-promising-google-solution-providers-of-2022-july2022/
In Part 3 of DemandGen's ABM webinar series, we’ll explore technology solutions and programs available to support your efforts through the ABM account lifecycle. You’ll learn:
•How the ABM lifecycle is different from traditional lead management
•How to develop an account-based marketing strategy
•How to get started with specific ABM programs, including dynamic content, nurtures and ad/website targeting
Paid Search, SEO, Video Search, Directories, Content Syndication, Reputation Management… There are few sources of visibility and traffic more valuable than the search engine results page (SERP). In this 2-hour class, we’ll cover the options available to marketers, as well as discuss how specific marketers should maximize the true ROI of every form of search engine marketing. No single strategy works for every marketer, but there are tried and proven ways to dramatically improve your chances of success. We will keep the session interactive for those who have specific challenges they would like to address.
Paid Search, SEO, Video Search, Directories, Content Syndication, Reputation Management… There are few sources of visibility and traffic more valuable than the search engine results page (SERP). In this 2-hour class, we’ll cover the options available to marketers, as well as discuss how specific marketers should maximize the true ROI of every form of search engine marketing. No single strategy works for every marketer, but there are tried and proven ways to dramatically improve your chances of success. We will keep the session interactive for those who have specific challenges they would like to address.
Too often, banks calculate the value of software solutions on their time to market. The quicker the solution goes live, the better the ROI. But what banks keep missing, is the value of their time-to-decision. In many situations, the dreadful and highly political decision-making processes during the Request for Information (RFI) phase, takes longer than actually implementing the software. Therefore, time-to-market goes both ways.
Businesses are striving hard to win the Google advantage by earning a Google Partner badge and benefits. Read more about the industry that is undergoing changes constantly and working for the benefit of businesses.
This document brings together a set
of latest data points and publicly
available information relevant for
Platforms & Applications Industry.
We are very excited to share this
content and believe that readers will
benefit from this periodic publication
immensely.
In this presentation from Engagio and ServiceMax, you'll learn how ServiceMax:
- Evolved their target account strategy
- Effectively works with sales
- Implemented a successful field marketing model
According to a survey, there will be 900 million internet users by 2025.
So, if you want to achieve greatness in your life,
Digital marketing is the most effective strategy you can use to grow a brand or to grow yourself as a brand.
To be honest, if you master at least 1 skill in this niche,
You can give a boost to your career. Check out our ppt to know more about this trend.
For More Info Visit -https://www.digitaltechnology.institute/
Understanding product development economics - why it matters?Contribyte
Henri Hämäläinen's presentation from the Tulevaisuuden Tuotekehitys (Future of Product Development) -seminar 27.10.2016.
www.tulevaisuudentuotekehitys.com
Is a 360-deg Audience View a Reality for Media BrandsRob Keenan
In a presentation at the Business Media Summit in Toronto in January of 2018, Robert Keenan of Keenan Media explored the opportunities for developing a unified database for BtoB media brands and the realities of developing a 360-degree view of your audience,.
Marketing Analytics Solutions from Gordian Knot Analytics v1.2Bill Taylor
Gordian Knot provides machine learning solutions that enable our clients’ marketing analytics efforts to be more effective, and deliver greater returns.
Establish, Setup and Run an Inbound Marketing ProgramMax Lynam
* Show Me The Money * digital marketing success *
Modern Online Marketing and Digital Engagement calls for consideration and implementation of the principals behind Inbound Marketing.
In this presentation we cover what Inbound Marketing is, what it isn't and what you need to consider and do so that you can improve engagement, lead nurturing and conversions.
Contact us for more free information and assistance @ http://www.molehill.com.au
Drive business growth with top digital marketing trends in 2021Kelly Ston
Yes, global advertising use has declined by 2020, but given the financial turmoil that followed the Covid-19 crisis, this decline is only natural. After all, the global epidemic has completely changed the way businesses have always operated. However, because of the disruption, the world is finally convinced that digital media is the way to go. Some of the first obstacles can make you anxious but stay there if you see long-term success.
Salma Karina Hayat is Conscious Digital Transformation Leader at Kudos | Empowering SMEs via CRM & Digital Automation | Award-Winning Entrepreneur & Philanthropist | Education & Homelessness Advocate
When listening about building new Ventures, Marketplaces ideas are something very frequent. On this session we will discuss reasons why you should stay away from it :P , by sharing real stories and misconceptions around them. If you still insist to go for it however, you will at least get an idea of the important and critical strategies to optimize for success like Product, Business Development & Marketing, Operations :)
Reflect Festival Limassol May 2024.
Michael Economou is an Entrepreneur, with Business & Technology foundations and a passion for Innovation. He is working with his team to launch a new venture – Exyde, an AI powered booking platform for Activities & Experiences, aspiring to revolutionize the way we travel and experience the world. Michael has extensive entrepreneurial experience as the co-founder of Ideas2life, AtYourService as well as Foody, an online delivery platform and one of the most prominent ventures in Cyprus’ digital landscape, acquired by Delivery Hero group in 2019. This journey & experience marks a vast expertise in building and scaling marketplaces, enhancing everyday life through technology and making meaningful impact on local communities, which is what Michael and his team are pursuing doing once more with Exyde www.goExyde.com
Create a spend money transaction during bank reconciliation.pdf
Growing a SaaS Startup in 2018
1. Growing a SaaS startup
Gmelius’ journey to 100K daily active users
with a $0 marketing budget.
Dr. Florian Bersier
Founder & CEO @Gmelius
Gmelius.com
@gmeliusTM
2. Hello Gmelius!
Lightweight CRM and shared inbox targeting SMEs
Freemium SaaS, official Google Partner
150K daily active users
Founded Q4 2016, 8 FTEs
4. 1+ bn active Gmail users
Techcrunch Feb. 2016
50m
60%
Gartner Aug. 2017
Google Sep. 2016
CRMMarket worth
$ 85+ bn
by 2025
We picked a large & fast-growing TAM.
of Fortune 500
companies use G Suite
businesses to
use G Suite by 2019 Avg. 7Employees per SME
Source: OECD 2017
5. Why does a large TAM matter?
● Existing competition and so qualified leads!
● SaaS are cheap and require a large pool to get sustainable.
● Word-of-mouth is easier.
6. We did not reinvent the wheel.
Gmelius technology integrates with
Gmail, Inbox, G Suite.
7. Why did we choose to integrate our solution?
Being integrated, our customers (SMEs) don’t need to:
● Change their work environment ($$)
● Train their teams ($$$)
Besides, Gmelius always remains visible in their inbox helping user
retention.
8. We started from a very simple MVP
… and then listened to our customers for all our product iterations.
9. Why listen to your users?
● This ensures Product / Market Fit
● This helps prioritize & define the product roadmap
● This builds a community of loyal users (and good reputation)
11. Why choose Press over Paid Traffic?
● Long-term traffic: constant organic growth, SEO
● Niche publications => qualified leads
● Helps build reputation, expertise
● Nurture contacts with journalists (good surprises will happen...)
12. We added a viral component.
Gmelius makes possible to
collaborate with other team
members right inside your inbox.
13. Why focus on your viral coefficient?
Because traffic acquisition is:
● Costly: content creation, paid campaigns;
● Long: SEO benefits take time;
● Noisy: low conversion rate.
15. We should have focused on our KPIs from the start.
Building a Metrics
dashboard for your
company is vital and
should be developed
along your MVP.
16. Why build your KPI early?
Don’t trust your gut. Trust your metrics. This will help you:
● Identify pain points;
● Measure the impact of your decisions & act accordingly.
FYI: @Gmelius, we use Metabase, Google BigQuery and Stitch to measure everything.
17. We invested too much time on social media.
We wasted a lot of time and energy
trying to acquire users via SNS.
This did not work at all.
We now use social media only to stay
in touch with our existing user-base.
18. We hosted our blog on Medium.
… which was a bad decision in terms of SEO, branding and
content management.
Don’t do it.
19. We hired freelancers to create content.
This led to poor-quality or generic content with low added-value.
My advices:
● Source content from
existing employees to
ensure subject-matter
expertise.
● Hire in-house writers as
soon as you can.
20. Gmelius Ltd
3 chemin du Pré-Fleuri
CH-1228 Plan-les-Ouates
https://gmelius.com
Selected as 1 of the 50
Swiss startups in which to
invest in 2018.
Dr. Florian Bersier
LinkedIn: florianbersier.com