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Lessons from Selling to
10,000 Startups
Kristen Durham
VP, Startups
Zendesk
1
2
LESSON 1
Articulate a clear strategy
Lesson 1: Articulate a clear strategy
4
Target: find channels to reach
high-growth startups
🎯
Acquire: create a compelling
offer
🤩
Serve: avoid startup customers
getting lumped into the overall
base
🤩
Nurture: provide startup-specific
resources to help them scale
📈
5x conversion rate of SMB
3-4x ADS of SMB
LESSON 2
Create a compelling offer
Lesson 2: Create a compelling offer
6
2018-2019 2020-2022 2023 & beyond
Anchored on Suite
Professional
Median Deal Size
+63%
$218 or $436 off/mo,
1yr offer
We’ve been on a journey...
Exploring new referral
channels with PE, late-
stage VC.
Expanded terms
for later stage
Plus, additional benefits
via referral partners
Median Deal Size
+26%
100% off, 6 months
Pre-2018
$134 off/mo, 1yr
offer
Anchored on 2
seats of Support
Team & Chat Team
Better product
anchoring
Emphasis on more,
better usage
LESSON 3
Qualify to drive an outcome
Lesson 3: Qualify to drive an outcome
8
High friction evaluation
(e.g., SDR review, approval req’d)
High qualifying bar
(e.g. venture funding, market traction)
Program launch;
High volume result
Grow partner
channel;
Quality + Quantity
Grow gated offering
for Series A/B;
High quality result
Low qualifying bar
(e.g. limited funding, <2yrs olds)
Low friction evaluation
(e.g., automatic qual based on
response)
LESSON 4
Build partnerships to build your funnel
Lesson 4: Build partnerships to build your funnel
10
Activations by Tier:
Tier 1
Tier 2
Tier 3
Top Partners:
LESSON 5
Invest in customer success
Lesson 5: Invest in customer success
12
Office Hours Training
1:1 Customer Success Community Slack
⅔
of highest ARR deals
complete 3 or more
training courses
Success-managed accounts
convert significantly better
than overall
Conversion rate: +12pts
Average Deal Size: +75%
Startups join office hours
within a month of entering
our program or sooner
3x reach of 1:1 engagement
LESSON 6
Get over how to get started
Lesson 6: Get over how to get started
14
What we’ve learned
15
#1 Articulate a
clear strategy
#6 Get over how
to get started
#5 Invest in
customer success
#4 Build
partnerships to
build your funnel
#3 Qualify to
drive an outcome
#2 Create a
compelling offer
THANK YOU
Kristen Durham
VP, Startups
Zendesk
Apply at: zendesk.com/startups

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Learnings from Selling to 10,000 Startups in 5 Years with Zendesk | Kristen Durham, Vice President of Startups @ Zendesk

  • 1. Lessons from Selling to 10,000 Startups Kristen Durham VP, Startups Zendesk 1
  • 2. 2
  • 3. LESSON 1 Articulate a clear strategy
  • 4. Lesson 1: Articulate a clear strategy 4 Target: find channels to reach high-growth startups 🎯 Acquire: create a compelling offer 🤩 Serve: avoid startup customers getting lumped into the overall base 🤩 Nurture: provide startup-specific resources to help them scale 📈 5x conversion rate of SMB 3-4x ADS of SMB
  • 5. LESSON 2 Create a compelling offer
  • 6. Lesson 2: Create a compelling offer 6 2018-2019 2020-2022 2023 & beyond Anchored on Suite Professional Median Deal Size +63% $218 or $436 off/mo, 1yr offer We’ve been on a journey... Exploring new referral channels with PE, late- stage VC. Expanded terms for later stage Plus, additional benefits via referral partners Median Deal Size +26% 100% off, 6 months Pre-2018 $134 off/mo, 1yr offer Anchored on 2 seats of Support Team & Chat Team Better product anchoring Emphasis on more, better usage
  • 7. LESSON 3 Qualify to drive an outcome
  • 8. Lesson 3: Qualify to drive an outcome 8 High friction evaluation (e.g., SDR review, approval req’d) High qualifying bar (e.g. venture funding, market traction) Program launch; High volume result Grow partner channel; Quality + Quantity Grow gated offering for Series A/B; High quality result Low qualifying bar (e.g. limited funding, <2yrs olds) Low friction evaluation (e.g., automatic qual based on response)
  • 9. LESSON 4 Build partnerships to build your funnel
  • 10. Lesson 4: Build partnerships to build your funnel 10 Activations by Tier: Tier 1 Tier 2 Tier 3 Top Partners:
  • 11. LESSON 5 Invest in customer success
  • 12. Lesson 5: Invest in customer success 12 Office Hours Training 1:1 Customer Success Community Slack ⅔ of highest ARR deals complete 3 or more training courses Success-managed accounts convert significantly better than overall Conversion rate: +12pts Average Deal Size: +75% Startups join office hours within a month of entering our program or sooner 3x reach of 1:1 engagement
  • 13. LESSON 6 Get over how to get started
  • 14. Lesson 6: Get over how to get started 14
  • 15. What we’ve learned 15 #1 Articulate a clear strategy #6 Get over how to get started #5 Invest in customer success #4 Build partnerships to build your funnel #3 Qualify to drive an outcome #2 Create a compelling offer
  • 16. THANK YOU Kristen Durham VP, Startups Zendesk Apply at: zendesk.com/startups

Editor's Notes

  1. Self intro
  2. 1. Targeting (find channels to reach high-growth startups) 2. Acquiring (create a compelling offer) 3. Serving (avoid startup customers getting lumped into the overall base) 4. Nurturing (provide startup-specific resources to help them scale)
  3. And don’t chase fast money…..
  4. Make good choices about product and plan type anchoring for what startups need Encourage maximizing usage & thus stickiness Material commercial support without big buying decision up-front
  5. Animation added. One click per dot.
  6. Grab partner logos!! Startup vs non startup ARR Or approval rates
  7. Order of animation is top row left right; bottom row left right Provide scaled resources as “something for everyone” Success offer Repurpose / reposition things you may already have Align Success to Tier 1 partners; 1:1 payoff version