Adam Tesan / CRO / Chargebee
In this session, you will learn:
1. Frameworks to navigate global expansion, pricing experiments; business model pivots.
2. Agility as the cornerstone of Hypergrowth
3. Creating sustainable business growth
Computer vision has started to achieve some very impressive results over the last 5-10 years. It is now possible to quickly and reliably detect faces, recognize and localize target images, and even classify pictures of objects into generic categories. Unfortunately, knowledge of these techniques remains largely confined to academia. In this session we’ll go over some of the tools available, placing an emphasis on exploring the ideas and algorithms behind their design.
To show how these components can be put together, a sample system will be developed over the course of the presentation. Starting with standard image descriptors, we’ll first see how to do direct image recognition. We’ll then extend that into a simple object classifier, which will be able to distinguish (for example) between images which contain a bicycle and those that don’t.
Computer vision has started to achieve some very impressive results over the last 5-10 years. It is now possible to quickly and reliably detect faces, recognize and localize target images, and even classify pictures of objects into generic categories. Unfortunately, knowledge of these techniques remains largely confined to academia. In this session we’ll go over some of the tools available, placing an emphasis on exploring the ideas and algorithms behind their design.
To show how these components can be put together, a sample system will be developed over the course of the presentation. Starting with standard image descriptors, we’ll first see how to do direct image recognition. We’ll then extend that into a simple object classifier, which will be able to distinguish (for example) between images which contain a bicycle and those that don’t.
El campo de DSS / BI esta evolucionando desde sus origenes como una herramienta primariamente de soporte personal y está rapidamente llegando a ser una comodidad compartida a traves de de las organizaciones
This presentation deals with Marico's inbound and outbound supply chain. We discuss here the supply chain problems that Marico faced and the remedial steps it took to solve the problems. Use of IT (ERP/SAP solution) and disintermediation in supply chain appear as notable steps Marico undertook to solve its Supply Chain problems.
Management Information System - MIS - ApplicationFaHaD .H. NooR
Management information system (MIS) refers to the processing of information through computers to manage and support managerial decisions within an organization. The concept may include systems termed transaction processing system, decision support system, expert system, or executive information system. The term is often used in the academic study of businesses and has connections with other areas, such as information systems, information technology, informatics, e-commerce and computer science; as a result, the term is used interchangeably with some of these areas.
Management information systems (plural) as an academic discipline studies people, technology, organizations, and the relationships among them.This definition relates specifically to "MIS" as a course of study in business schools. Many business schools (or colleges of business administration within universities) have an MIS department, alongside departments of accounting, finance, management, marketing, and may award degrees (at the undergraduate, master, and doctoral levels) in Management Information Systems.
MIS professionals help organizations to maximize the benefit from investments in personnel, equipment, and business processes.There are different areas of concentration with different duties and responsibilities in information system managers starting from the Chief information officer (CIOs), Chief technology officer (CTOs), IT directors and IT security managers. Chief information officers (CIOs) are responsible for the overall technology strategy of their organizations. Basically, they are more of the decision makers and action takers when it comes down to determining the technology or information goals of an organization and making sure the necessary planning to implement those goals is being met.
Chief technology officers (CTOs) are responsible for evaluating how new technology can help their organization. They usually recommend technological solutions to support the policies issued by the CIO.[2]
IT directors including MIS directors are in charge of both their organization's Information technology departments and the supervision of thereof. They are also in charge of implementing the policies chosen by the other top branches (CIOs, CTOs). It is their role to ensure the availability of data and network services by coordinating IT activities.
IT Security Managers oversee the network and security data as the title implies. They develop programs to offer information and awareness to their employees about security threats. This team is very important because they must keep up-to-date on IT security measures in order to be successful within their organization. Any security violations need to be investigated and supervised by this specific team.
Presentation provided as part of 3-day Entrepreneurship Program for MBA graduates of Manipur Institute of Management Studies, Manipur University (India) during Oct 27-29th, 2010.
El campo de DSS / BI esta evolucionando desde sus origenes como una herramienta primariamente de soporte personal y está rapidamente llegando a ser una comodidad compartida a traves de de las organizaciones
This presentation deals with Marico's inbound and outbound supply chain. We discuss here the supply chain problems that Marico faced and the remedial steps it took to solve the problems. Use of IT (ERP/SAP solution) and disintermediation in supply chain appear as notable steps Marico undertook to solve its Supply Chain problems.
Management Information System - MIS - ApplicationFaHaD .H. NooR
Management information system (MIS) refers to the processing of information through computers to manage and support managerial decisions within an organization. The concept may include systems termed transaction processing system, decision support system, expert system, or executive information system. The term is often used in the academic study of businesses and has connections with other areas, such as information systems, information technology, informatics, e-commerce and computer science; as a result, the term is used interchangeably with some of these areas.
Management information systems (plural) as an academic discipline studies people, technology, organizations, and the relationships among them.This definition relates specifically to "MIS" as a course of study in business schools. Many business schools (or colleges of business administration within universities) have an MIS department, alongside departments of accounting, finance, management, marketing, and may award degrees (at the undergraduate, master, and doctoral levels) in Management Information Systems.
MIS professionals help organizations to maximize the benefit from investments in personnel, equipment, and business processes.There are different areas of concentration with different duties and responsibilities in information system managers starting from the Chief information officer (CIOs), Chief technology officer (CTOs), IT directors and IT security managers. Chief information officers (CIOs) are responsible for the overall technology strategy of their organizations. Basically, they are more of the decision makers and action takers when it comes down to determining the technology or information goals of an organization and making sure the necessary planning to implement those goals is being met.
Chief technology officers (CTOs) are responsible for evaluating how new technology can help their organization. They usually recommend technological solutions to support the policies issued by the CIO.[2]
IT directors including MIS directors are in charge of both their organization's Information technology departments and the supervision of thereof. They are also in charge of implementing the policies chosen by the other top branches (CIOs, CTOs). It is their role to ensure the availability of data and network services by coordinating IT activities.
IT Security Managers oversee the network and security data as the title implies. They develop programs to offer information and awareness to their employees about security threats. This team is very important because they must keep up-to-date on IT security measures in order to be successful within their organization. Any security violations need to be investigated and supervised by this specific team.
Presentation provided as part of 3-day Entrepreneurship Program for MBA graduates of Manipur Institute of Management Studies, Manipur University (India) during Oct 27-29th, 2010.
Retail Webinar - How to Stay 10 Steps Ahead of Retail Competitors?JK Tech
Today, profiling competitors is an imperative strategy. The proactive approach to competitor pricing strategy analysis will assist your retail business to anticipate other competitors’ business strategies. Having such proactive knowledge fosters strategic business agility.
Learn how retail competitive analysis helps you to achieve that competitive edge and optimize your business’s ROI.
Key Takeaways:
1) Monitoring Product Pricing and competitor-tracking.
2) Analytics and insights on competitor pricing & promotions.
3) How to use competitor data to reprice your products at scale?
4) How to detect competitor strategy and avoid the “race to the bottom”?
5) The need to compare the assortment of a brand to competitors in the market.
6) Tracking Manufacturer Suggested Retail Price compliance by resellers.
7) Product mapping using the latest techniques.
8) Also, competition analysis offers many other benefits that you should not miss!
Watch the recorded session here: https://jktech.com/webcast/how-to-stay-10-steps-ahead-of-retail-competitors/
More and more sales are moving from physical shops to online stores. A trend that was already on the rise, the COVID-19 pandemic has accelerated the digitalisation process. Now, many retailers need to create clear online retail strategies that also address the issue of price transparency
In this webinar, we will share our methodology for designing sustainable price and promotion strategies and provide some tangible actions to help you assess your current strategy.
NexGen Alignment: ABM’s Role in Uniting Marketing and SalesDemandbase
In today’s competitive landscape, aligning marketing and sales teams is not just necessary for growth it’s necessary for survival.
Account-based strategies help bridge the historical divide between the two teams by ensuring marketing efforts are directly supporting sales goals, leading to more efficient resource use, improved customer experiences, and ultimately, increased revenue.
Join this interactive webinar with guest speaker Nora Conklin, Principal Analyst at Forrester and Kelly Hopping, CMO at Demandbase, as they reveal the latest research from Forrester, showcased at the ‘2024 B2B Summit North America’ along with practical tips for uniting sales and marketing teams from the inside out.
Segmenting the Market to Find Areas of OpportunityCompTIA
In a webinar presented by Marty Gilbert, president, Growth Initiatives LLC, and Bob Sherlock, president, Marketwerks, hear about one of the most effective paths to accelerating a company’s revenue growth. Target your sales and marketing efforts to very specific audiences. Insightfully segmenting of the potential market can provide the launching pad for a successful sales plan.
SPA is the leading provider of pricing analytics to complex companies of all types: manufacturing, distribution, equipment, services, and software/technology products. Since 1993, we’ve built a strong platform of proprietary analytics to quickly and efficiently help companies convert their own invoice data into pricing architectures that maximize their pricing performance and competitive position. Our typical client applies our pricing architecture and improves profitability by two to four percent of sales: $2 to $4 million per $100 million of affected revenue. The benefits are staggering; and they are typically accomplished in less than 90 days.
In these economic times, companies must find new ways to grow revenues. The Partner community and it\'s extended sales force is the #1obvious choice. Palladin will show you how to implement Best Practices to develop predictable forecasting & new revenue growth with select Partners.
This PowerPoint examines the corporate structure of Target in a strategic manor. See how it compares to its competitors and why it is one of the leading retailers in today's society.
Strategy Development
Week 3
Objectives Week 3Develop strategic objectives.
Create organizational objectives and goals.
Articulate value proposition, key activities, resources, and channels to market.
Quote……
“Successful business strategy is about actively shaping the game you play, not just playing the game you find.”
Adam M. Brandenburger and Barry J. Nalebuff
Quote……
“The essence of strategy lies in creating tomorrow’s competitive advantage faster than competitors mimic the ones you posses today”
Gary Hamel and C.K. Prahalad
Quote……
“Competitive strategy is about being different. It means deliberately choosing to perform activities differently or to perform different activities than rivals to deliver a unique mix of value”.
—Michael E. Porter
Quote……
“Winners in business play rough and don’t apologize for it. The nicest part of playing hardball is watching your competitors squirm”
—George Stalk, Jr., and Rob Lachenauer”
Long-Term ObjectivesStrategic managers recognize that short-run profit maximization is rarely the best approach to achieving sustained corporate growth and profitability.Strategic decision makers confronts:
Should they eat the seeds to improve the near-term profit picture and make large dividend payments through cost-saving measures such as laying off workers during periods of slack demand, selling off inventories, or cutting back on research and development?
Or should they sow the seeds in the effort to reap long-term rewards by reinvesting profits in growth opportunities, committing resources to employee training, or increasing advertising expenditures?
Long-Term ObjectivesTo achieve long-term prosperity, strategic planners commonly establish long-term objectives in seven areas: Profitability Competitive PositionEmployee RelationsTechnological Leadership Productivity – In-OutEmployee DevelopmentPublic Responsibility
Qualities of Long-Term ObjectivesWhat distinguishes a good objective from a bad one? What qualities of an objective improve its chances of being attained?There are five criteria that should be used in preparing long-term objectives:
Flexible
Measurable
Motivating
Suitable
Understandable
The Balanced ScorecardThe balanced scorecard is a set of measures that are directly linked to the company’s strategy
Developed by Robert S. Kaplan and David P. Norton, it directs a company to link its own long-term strategy with tangible goals and actions.
The scorecard allows managers to evaluate the company from four perspectives:
financial performance
customer knowledge
internal business processes
learning and growth
The Balance Scorecard
The Balance Scorecard
The Balance ScorecardPerspectiveObjectiveKPIGoal for 2014FinanceBecome industry Cost Leader% Reduction in Cost per Unit20%Utilization of AssetsUtilization Rate7%Increase Market ShareMarket Share30%CustomerCustomer Retention% Retention 75%On Time Delivery% of On Time Delivery90%Zero Defects% of Good Quality.
SaaStr Workshop Wednesdays: From Operator to Founder: What I’m Learning as a ...saastr
SaaStr Workshop Wednesdays: From Operator to Founder: What I’m Learning as a 1st Time Founder after 20+ Years of Operating
Speaker: Jeffrey Yoshimura, Former CMO at Synk
Territory Assignment Innovation: High-Velocity Techniques to Maximize Sales with Gusto’s CRO and Head of GTM Ops
Speakers: Tolithia Kornweibel, CRO @ Gusto and Jamie Edwards, Head of Go-to-Market Operations and Tools @ Gusto
SaaStr Workshop Wednesdays: Dropbox, Klaviyo, Lightspeed Commerce: 10 Things ...saastr
SaaStr Workshop Wednesdays: Dropbox, Klaviyo, Lightspeed Commerce: 10 Things that Change in Marketing as you Scale with Lightspeed Commerce's CMO
Speaker: Kady Srinivasan, CMO @ Lightspeed Commerce
Special Workshop Tuesday: The Future of Customer Success in 2024 with Gainsig...saastr
Special Workshop Tuesday: The Future of Customer Success in 2024 with Gainsight and SaaStr
Speakers: Nick Mehta, Gainsight CEO and Jason Lemkin, SaaStr CEO
Attending a job Interview for B1 and B2 Englsih learnersErika906060
It is a sample of an interview for a business english class for pre-intermediate and intermediate english students with emphasis on the speking ability.
The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
Improving profitability for small businessBen Wann
In this comprehensive presentation, we will explore strategies and practical tips for enhancing profitability in small businesses. Tailored to meet the unique challenges faced by small enterprises, this session covers various aspects that directly impact the bottom line. Attendees will learn how to optimize operational efficiency, manage expenses, and increase revenue through innovative marketing and customer engagement techniques.
Personal Brand Statement:
As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
What are the main advantages of using HR recruiter services.pdfHumanResourceDimensi1
HR recruiter services offer top talents to companies according to their specific needs. They handle all recruitment tasks from job posting to onboarding and help companies concentrate on their business growth. With their expertise and years of experience, they streamline the hiring process and save time and resources for the company.
Accpac to QuickBooks Conversion Navigating the Transition with Online Account...PaulBryant58
This article provides a comprehensive guide on how to
effectively manage the convert Accpac to QuickBooks , with a particular focus on utilizing online accounting services to streamline the process.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
www.seribangash.com
Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
2. SaaS market is forecast to reach $122.6
billion in 2021
Source: Gartner
3. Key Levers for Hypergrowth
Retain your
customers
Expand globally
Experiment with
pricing
Diversify your
acquisition channels
Use data to drive
growth
4. You are leaving money on the table if you are not experimenting
with pricing
5. Optimize pricing with experimentation
Experiment with different pricing
combinations
Run pricing A/B tests for
different segments.
Build an adaptable pricing
structure
Product packaging to
incentivize upsells
Key consideration: How do you extract value / what are
your value levers?
Macro Pricing Considerations:
● Market attributes
● Brand positioning
● Product attributes
● Consumer demand
● Competition
● Economic trends
● COG’s
● North Star metrics
6. “We incentivized add-on purchases to customer subscriptions. Our customers were enabled to mix,
match, and add coffee creamers, coffee pods, or apple cider vinegar gummies based on their
preferences. This strategy worked in the interest of our customers as well as increased our average
order value(AOV) without us having to invest in digital ads to acquire new customers for our family of
products.”
- Paul Kapsner, Director of Finance, Superfoods Company
8. Plan proactive strategies for customer retention
Churn prediction
for long-term
retention strategies
Leading indicators
for at-risk customers
Long-term contracts
to ensure product
stickiness
User training to
ensure better feature
adoption
9. We did an industry analysis and did a weekly report on industries to
figure out who was contracting, expanding, paused etc. Our planned
churn rate was 10% for the period, the actual was 0.23%.
- Debbie Barrafato, CFO, RiseVision
12. Market prioritization: Key evaluation criteria
Criteria Weight Metric evaluated • Green • Yellow • Red
Market
attractiveness
Market size 70% Core TAM ($) • >$500M • $100-500M • <$100M
Market growth 10% % Growth CAGR • >20% • 10-20% • <10%
Willingness to use
3rd party solution
20% Estimated penetration of 3P • >20% • 10-20% • <10%
Ability to win
Competitive
positioning
10% Number of local competitors • No major local
competitor
• 1-3 popular local
competitors
• 4+ well-known local
competitors
10% Quality of competitors • No local player
with x+ features
• 1-2 local players with x+
features
• 3+ local players with x+
features
Integration required 5% Number of local providers of x • 0-2 local vendors • 3-5 local vendors • 6+ local vendors
5% Additional integration required • 0-2 local vendors • 3-5 local vendors • 6+ local vendors
5% Additional integration required • 0-2 local vendors • 3-5 local vendors • 6+ local vendors
Product 25% Product language translation • No significant
changes
• Front end translation • Full product translation
Local team 20% Additional team required to support local
expansion (e.g., sales, customer
services)
• No local team • 3-5 local headcount • Full local team
Regulatory change /
effort required
20% Local regulatory / compliance
requirement, and future expectations
• Low • Medium • High
13. Developing a go-to-market strategy
Customer
segments and
goals
Product
Sales
Entry strategy
TAM: Understand TAM in market
Target customer segments: Define target customer and relative positioning in market
Ambition: Articulate ambition for sales goal and ramp
Localization: Define steps to tailor product suite to unique local and target customer requirements (e.g., language,
features, etc.)
Integrations: Understand requirement for high priority integrations
Regulatory: Overview of the high priority regulatory considerations (current and upcoming)
Pricing: Define pricing strategy across products and customer segments in market
Channel strategy: Define sales channel based on customer segments (e.g., direct vs. indirect, inside vs. outside)
Partners: Identify high potential partners to accelerate growth in market
Coverage and roles: Align on structure of sales team (number of roles, mix of roles)
Account planning: Identify highest opportunity accounts to win based on target customer, competitive strengths,
partnerships
Marketing: Build local brand strategy and lead generation processes
Case studies: Describe key successes for market entry and strategy/approach used
Buy vs. build: Profile current competitive positioning and identify potential local acquisition targets
15. Discover PMF in different markets & segments
Understanding PMF for
different segments as you
scale
Different markets require
different sales motions
Going upmarket Vs
downmarket
Source: The Science of Scaling, Mark Roberge
“Product led growth drives sales led (enterprise) growth. They’re not opposing
forces, they complement each other.” Russell Lester, CFO, Calendly
17. Which Revenue Metrics are your growth Levers
Identifying revenue
optimizing opportunities
Forecast &
prevent churn
Map customer
behavior patterns
Viewed at a product / segment level
Key Metrics to Drive Strategy:
● ARR
● ACV
● ASP
● Logos
● LTV
● CAC
● ARPU
● Retention
● Churn
“We mapped out the entire customer journey starting from, which campaign they came from, to where
we were losing them, in order to understand the customer journey and make it better” - Skip Shean,
Consultant, TradeIdeas
For this session, I’d like to walk you through the five growth strategies we have identified that have helped our customers sustain hyper-growth:
Experiment with pricing
Retain your customers
Expand globally
Diversify your acquisition channels
Use data to drive growth
Macro Pricing Considerations
Market attributes - large market vs niche
Rev goals
Brand positioning - budget, professional , small firms, enterprise etc.
Product attributes
Consumer demand
competitions - perception of you and your comp on G2 / Capterra
Economic trends
COG’s
North Star metrics - this could dictate pricing strategy
ARR growth / Customer acquisition / Churn / CAC - LTV
Extract Value / Levers
Optimize plans for add on’s
Create upsell opportunities
Tiered pricing
Defeature lower plans but increase revenue volume they can process
Rebased core modules like analytics from flat fee to % of revenue so we can get more from larger customers
Tier based , volume based
Decouple integrations for different sized customers
Package of services
Testing / Experimenting (should do every 1 -2 years)
A / b test conversion rates on line for self serve (Launch Plan experiments we are doing), if it’s not online looking at pipeline conversion metrics, discounting rates from list etc. ,
Look at our different plans over time, for us we look the % of AIV through our platform vs the standard rates
Are plans purchasing to their revenue rates? Do we an have an opp to higher or lower prices based on this
Rate of growth by plan - which ones most popular and why?
Upgrade trends - how do they move between plans - for us customers weren’t “skipping” our middle plan so our “upgrade path still holds”
Lost and Closed deals analysis - why were we winning and losing deals and how did pricing play - we look at pricing impact on deals by plan, segment and geo (smallest impact on enterprise and highest impact in EU
According to Mckinsey & company SaaS businesses that aim to achieve higher growth put as much attention into caring for existing customers as they do into acquiring new ones, investing in specific postsales constructs to increase cross-sell, upsell, and retention and sourcing the right talent, tools, and analytics. These efforts, combined with strong pricing and product support, result in median net retention rates (NRR) of 120 percent or more—which means these businesses are able to deliver 20 percent growth every year without adding a single new customer.
Churn prediction for long-term retention strategies:
Having the ability to predict future churn rates is necessary because it helps your business gain a better understanding of future expected revenue. It also allows you to focus on customers that are at a higher risk of churning.
Leading indicators for at-risk customers:
Create a system to have all your leading indicators for churn in place: be it monitoring your customers’ revenue growth, product usage and logins, # Support tickets as any anomaly in these are tell tale signs of an at-risk customer.
Long-term contracts to ensure product stickiness:
Onboard more customers on long-term contracts so you buy time to showcase the value of your product thereby increasing stickiness which is great for retention.
User training to ensure better feature adoption:
Actively run specific campaigns in the form of newsletters, workshops & webinars to keep educating your customers about your product, new feature releases etc.
RiseVision was able to reduce their churn percentage by watching out for industry specifics trends and actively reaching out to at-risk customers.
We did an industry analysis and did a weekly report on industries to figure out who was contracting, expanding, paused, etc. Our planned churn rate was 10% for the period, the actual was 0.23%.- Debbie Barrafato, CFO, RiseVision
Identify markets to break-into
Doing in-depth research before entering a new market is important - does your product have a demand in the market, is your product ready for this specific market?
Prepare your org for global expansion
Expanding your business globally would mean different cultures, coming together. It’s critical to get your teams ready for the expansion as well.
Localize your product
For a new market to trust and buy your product, it has to look and feel local too. This includes using local address and date formats, displaying the correct currency and units of measure, choosing appropriate colors and graphics, and much more.
Ensure tax and finance readiness
This is really important especially if you’re planning to expand to Europe, the proper tax and finance infrastructures need to be set up early on to ensure that you are receiving timely reporting and that your foreign entity is adhering to local corporate policies and procedures.
Understand PMF for different segments as you scale
It’s really important to not keep focusing on just one segment and branch out.
Going upmarket Vs downmarket
Getting traction in a certain segment (SMB/Midmarket/Enterprise) and then deciding to cater to a different segment can prove to be difficult as this would mean building out an entirely new GTM motion that would involve Marketing, Sales & Customer Success.
Different markets require different sales motions
Enterprise segments usually require a sales-driven model while startups / SMBs prefer a self-serve model.
A 360° view of your subscription metrics will enable you to drive data-backed decisions that keep your SaaS aligned with growth.
Every company’s context is going to be different and there are many potential paths to top-line growth. The right set of revenue metrics will help you better understand your current position and identify the right growth levers to pull for your company.
Always tie evidence back to your strategic goals. What are your top three goals for top-line growth? Identifying your goals, and tying it back to data, is what will make metrics relevant for strategy. By identifying goals tied to actionable metrics, and assigning KPIs to track them, companies can measure progress towards goals and quickly pivot strategy.
Acquiring / Retaining / Monetizing