SaaS Marketing Strategies to Make Your Web App Dominate
SaaS Marketing Strategy Focus: Scalable Customer Acquisition
Through scalable SaaS Marketing practices, Sixteen Ventures lead by Lincoln Murphy, provides software-as-a-service (SaaS) and Web App companies everything they need to acquire customers, improve retention, and grow the lifetime value of those customers.
New Challenges – and Opportunities – Require an Optimized SaaS Marketing Strategy
The cloud introduces new challenges for traditional Independent Software Vendors (ISV), but even for those who are building new Software-as-a-Service (SaaS) or Web Applications (Web Apps) from scratch, many challenges exist, with marketing being one of the biggest.
The Goal of Your SaaS Marketing Strategy: to Quickly Create Profitable Customers
Because Software-as-a-Service (SaaS) and Web Apps are very often sold on a recurring revenue, monthly basis – without a large upfront payment like traditional software – the key to successful SaaS Marketing is efficiency and scalability.
Payback Customer Acquisition Costs Quickly with a Great SaaS Marketing Strategy
Regardless of the type of sales process, SaaS Marketing requires you to leverage scalable methods to attract the right audience up-front, to get the customer to try before they buy, and the methods used to convert your prospect to a paying customer.
SaaS Marketing ultimately breaks down to a per-customer cost and should be paid back as quickly as possible in an effort to turn new customers into profitable customers.
But, when your Free Trial fails to convert customers, it’s probably doing exactly what it was designed to do!
You need to design your Free Trial to actually sell your product if you want to make any money in the SaaS or Web App business.
So I’ve put together a list of 7 Secrets to Free Trial Success... how to turn your SaaS Marketing efforts - your sales process - and your Free Trial - into a Customer-Creating Machine.
This is SaaS Marketing / Free Trial Domination Secret #1: No More Evaluations
A SaaS Metric designed to Increase Free Trial ConversionsLincoln Murphy
CCAs & Engagement – An Uncommon Way to Engage & Convert Prospects in Your SaaS Free Trial.
A few years ago I came up with a set of metrics that I called Common Conversion Activities – or CCA – that I defined as “The things that all or most paying customers do during their trial.”
In July 2012 I gave a 54-minute presentation where I introduced the next version of this ever-evolving set of metrics for measuring Free Trial success, the CCA, and I want to share that with you now.
See the video of this presentation here: http://sixteenventures.com/free-trial-metrics
Slides from SaaS & Web App Pricing RoundtableLincoln Murphy
Slides from the SaaS & Web App Pricing Roundtable on April 27, 2010 hosted by Techcelerate out of UK and moderated by Lincoln Murphy of Sixteen Ventures.
Preliminary definition of the SaaS Business Architecture by Sixteen Ventures. The SaaS Business Architecture is a commingling of Marketing, Intellectual Property, Technology, and Business Model
Business Implications Of Multi Tenancy In SaaSLincoln Murphy
As a follow-on to my SaaS University presentation "Multi-Tenancy in SaaS: The Business Case" we have put together a webinar with some industry insiders. In addition to me representing Sixteen Ventures, Mike Dunham from Scio Consulting, and Rick Chapman of Softletter will be on the panel. Jeremy Beck of Scio will be the moderator.
The idea behind this webinar is to dig a little deeper than I did in Chicago to get to the implementation level of Multi-Tenancy and its various incarnations. I will be speaking on the business implications of each level of tenancy.
At the recent Norwest Venture Partners Demand Generation Summit we brought together a hand-picked group of marketing and sales professionals to share how they’ve fine-tuned their demand gen efforts. During the event, Heidi Bullock, VP of Demand Generation at Marketo gave her five top tips for driving a successful demand generation program. We’ve expanded upon those tips in this SlideShare.
A SaaS Metric designed to Increase Free Trial ConversionsLincoln Murphy
CCAs & Engagement – An Uncommon Way to Engage & Convert Prospects in Your SaaS Free Trial.
A few years ago I came up with a set of metrics that I called Common Conversion Activities – or CCA – that I defined as “The things that all or most paying customers do during their trial.”
In July 2012 I gave a 54-minute presentation where I introduced the next version of this ever-evolving set of metrics for measuring Free Trial success, the CCA, and I want to share that with you now.
See the video of this presentation here: http://sixteenventures.com/free-trial-metrics
Slides from SaaS & Web App Pricing RoundtableLincoln Murphy
Slides from the SaaS & Web App Pricing Roundtable on April 27, 2010 hosted by Techcelerate out of UK and moderated by Lincoln Murphy of Sixteen Ventures.
Preliminary definition of the SaaS Business Architecture by Sixteen Ventures. The SaaS Business Architecture is a commingling of Marketing, Intellectual Property, Technology, and Business Model
Business Implications Of Multi Tenancy In SaaSLincoln Murphy
As a follow-on to my SaaS University presentation "Multi-Tenancy in SaaS: The Business Case" we have put together a webinar with some industry insiders. In addition to me representing Sixteen Ventures, Mike Dunham from Scio Consulting, and Rick Chapman of Softletter will be on the panel. Jeremy Beck of Scio will be the moderator.
The idea behind this webinar is to dig a little deeper than I did in Chicago to get to the implementation level of Multi-Tenancy and its various incarnations. I will be speaking on the business implications of each level of tenancy.
At the recent Norwest Venture Partners Demand Generation Summit we brought together a hand-picked group of marketing and sales professionals to share how they’ve fine-tuned their demand gen efforts. During the event, Heidi Bullock, VP of Demand Generation at Marketo gave her five top tips for driving a successful demand generation program. We’ve expanded upon those tips in this SlideShare.
Making the Most of your Demand Generation Content Pajama Program
How to deliver content that engages? It's more than great content - you need content that aligns to the buyer, every step of the way for demand generation. Session content from #CMWorld 2016 via Jennifer Harmel, ANNUITAS
Growth Marketing: Secrets for Fueling Bottom-Line RevenueLotus Growth
Growth marketing is the practice of using data and agility to drive revenue.
This prescriptive guide solves the most pressing growth challenges with proven B2B marketing and demand generation strategies. With it, you will connect the dots from current reality to future company vision.
We give you the direction and context to optimize the marketing and sales funnel, and explain how to make incremental changes to uncover areas where your company is losing money. Next, we explore the strategies to scale programs that are producing the most leads in target and impacting bottom-line revenue.
You Can't Buy Love: The Secrets of Demand Generation Strategy and SuccessMarketo
It's easy to spend some money to buy a bunch of cold "leads" for the sales team. But you can't buy interest, engagement or respect for your company and its products or services. Marketing may be a science, but making prospects love you before they've met you is an art called demand generation, and this webinar will show you how to build and implement a strategy to make it happen.
Join us on this educational webinar to learn:
• How to build and execute an end-to-end demand generation strategy
• The role of content in demand generation
• How to leverage social media
• What email contact strategy is most effective for nurturing leads
• How to tell when it's time for sales to make the call
• The secrets that can make your program a success
Traffic Hacking: 43 Ways to get Quality Prospects to your siteLincoln Murphy
A successful sales process for your SaaS app starts by attracting the right audience…
… which is why I put together a presentation called “Traffic Hacking: 43 ways to get quality prospects to your site” to help you become the Growth Hacker I know you can be.
Look, attracting the Right Audience in the form of a steady (or steadily increasing) flow of relevant traffic to your marketing website is absolutely required for the scalable and sustainable growth of your SaaS or Web App company…
…and this one hour and 20 minute video presentation is pure, unadulterated traffic-getting awesomeness that will help you achieve that!
Watch the video here: http://sixteenventures.com/traffic-hacking
SaaS & Web App Pricing Roundtable April 27, 2010Lincoln Murphy
Slides from the SaaS & Web App Pricing Roundtable on April 27, 2010 hosted by Techcelerate out of UK and moderated by Lincoln Murphy of Sixteen Ventures.
Making Channels Work to Grow Your SaaS / Cloud BusinessLincoln Murphy
Presented this for OpSource on February 10, 2010.
The notion of channels in the distribution of SaaS & Cloud is a topic with very little consensus in the industry. Many people seem to think: "if it's on the Web then the Web is the channel." This view can significantly stagnate growth. There are industries and market segments where the people making the purchasing decisions do not spend their time searching the Web for the best solution. In these cases they turn to trusted advisors for recommendations.
While traditional channels like VARs and SIs might be having trouble with SaaS, new and exciting channels have opened up and savvy vendors are taking advantage of these opportunities. Thriving SaaS vendors have realized that there can be a significant benefit to leveraging intermediaries.
Monetizing Multi-Tenancy in SaaS by Sixteen Ventures. Presented at SaaS Unive...Lincoln Murphy
Slides from the January 2010 SaaS University in Dallas, Texas presented by Lincoln Murphy of Sixteen Ventures. Monetizing Multi-Tenancy - Generating Revenue through Network Effect Data and the SaaS Ecosystem. Multi-tenancy is a key element of Software-as-a-Service (SaaS); but not for the reasons you think! Achieving economies of scale, streamlining software development, maintaining one line of source code, etc. are the widest-known benefits of multi-tenancy. The real magic happens when multi-tenancy is leveraged to unlock and enhance the Network Effect created by all customers using the same system. And when the Network Effect is itself leveraged by the Ecosystem, myriad opportunities present themselves to drive growth and revenue. These are what makes being a SaaS vendor so much better than being a Legacy Software vendor!
SaaS Business Model: A Unique Business ArchitectureLincoln Murphy
Definition of the SaaS Business Model: A Unique Business Architecture by Lincoln Murphy of Sixteen Ventures. The SaaS Business Architecture is a network-centric commingling of Marketing, Intellectual Property, Technology, and Business Model.
Learn to make money, or not to leave money on the table, with SaaS! This is an overview of the seven SaaS Revenue Streams created by Lincoln Murphy of Sixteen Ventures. The seven streams used in SaaS Revenue Modeling are: Recurring, Ecosystem, Ancillary, Network Effect, Products, Services, and Advertising.
SaaS Business Architecture - Definition UpdateLincoln Murphy
Updated definition of the SaaS Business Architecture by Lincoln Murphy of Sixteen Ventures. The SaaS Business Architecture is a network-centric commingling of Marketing, Intellectual Property, Technology, and Business Model.
Slides from session at SaaS University in Chicago July 1, 2009. SaaS multi-tenancy -- shared infrastructure and resources in a single application that serve multiple clients -- has been the subject of great debate that often begins and ends at the technical / architectural level. Like any good technology decision, multi-tenancy should be driven by the underlying business strategies explored in this seminar. Beyond the acknowledged benefits of improved operational efficiency multi-tenancy allows the SaaS vendor to monetize beyond the application, streamline sales and gain important competitive advantages.
Start Smart: Positioning Your Software Venture for Success (v2)Lincoln Murphy
Updated version of the Start Smart slide deck we use in the 2-3 hour version of our program. Added alternate title: Stop Coding: Put Down the Keyboard and Do the Hard Stuff First
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
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.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Making the Most of your Demand Generation Content Pajama Program
How to deliver content that engages? It's more than great content - you need content that aligns to the buyer, every step of the way for demand generation. Session content from #CMWorld 2016 via Jennifer Harmel, ANNUITAS
Growth Marketing: Secrets for Fueling Bottom-Line RevenueLotus Growth
Growth marketing is the practice of using data and agility to drive revenue.
This prescriptive guide solves the most pressing growth challenges with proven B2B marketing and demand generation strategies. With it, you will connect the dots from current reality to future company vision.
We give you the direction and context to optimize the marketing and sales funnel, and explain how to make incremental changes to uncover areas where your company is losing money. Next, we explore the strategies to scale programs that are producing the most leads in target and impacting bottom-line revenue.
You Can't Buy Love: The Secrets of Demand Generation Strategy and SuccessMarketo
It's easy to spend some money to buy a bunch of cold "leads" for the sales team. But you can't buy interest, engagement or respect for your company and its products or services. Marketing may be a science, but making prospects love you before they've met you is an art called demand generation, and this webinar will show you how to build and implement a strategy to make it happen.
Join us on this educational webinar to learn:
• How to build and execute an end-to-end demand generation strategy
• The role of content in demand generation
• How to leverage social media
• What email contact strategy is most effective for nurturing leads
• How to tell when it's time for sales to make the call
• The secrets that can make your program a success
Traffic Hacking: 43 Ways to get Quality Prospects to your siteLincoln Murphy
A successful sales process for your SaaS app starts by attracting the right audience…
… which is why I put together a presentation called “Traffic Hacking: 43 ways to get quality prospects to your site” to help you become the Growth Hacker I know you can be.
Look, attracting the Right Audience in the form of a steady (or steadily increasing) flow of relevant traffic to your marketing website is absolutely required for the scalable and sustainable growth of your SaaS or Web App company…
…and this one hour and 20 minute video presentation is pure, unadulterated traffic-getting awesomeness that will help you achieve that!
Watch the video here: http://sixteenventures.com/traffic-hacking
SaaS & Web App Pricing Roundtable April 27, 2010Lincoln Murphy
Slides from the SaaS & Web App Pricing Roundtable on April 27, 2010 hosted by Techcelerate out of UK and moderated by Lincoln Murphy of Sixteen Ventures.
Making Channels Work to Grow Your SaaS / Cloud BusinessLincoln Murphy
Presented this for OpSource on February 10, 2010.
The notion of channels in the distribution of SaaS & Cloud is a topic with very little consensus in the industry. Many people seem to think: "if it's on the Web then the Web is the channel." This view can significantly stagnate growth. There are industries and market segments where the people making the purchasing decisions do not spend their time searching the Web for the best solution. In these cases they turn to trusted advisors for recommendations.
While traditional channels like VARs and SIs might be having trouble with SaaS, new and exciting channels have opened up and savvy vendors are taking advantage of these opportunities. Thriving SaaS vendors have realized that there can be a significant benefit to leveraging intermediaries.
Monetizing Multi-Tenancy in SaaS by Sixteen Ventures. Presented at SaaS Unive...Lincoln Murphy
Slides from the January 2010 SaaS University in Dallas, Texas presented by Lincoln Murphy of Sixteen Ventures. Monetizing Multi-Tenancy - Generating Revenue through Network Effect Data and the SaaS Ecosystem. Multi-tenancy is a key element of Software-as-a-Service (SaaS); but not for the reasons you think! Achieving economies of scale, streamlining software development, maintaining one line of source code, etc. are the widest-known benefits of multi-tenancy. The real magic happens when multi-tenancy is leveraged to unlock and enhance the Network Effect created by all customers using the same system. And when the Network Effect is itself leveraged by the Ecosystem, myriad opportunities present themselves to drive growth and revenue. These are what makes being a SaaS vendor so much better than being a Legacy Software vendor!
SaaS Business Model: A Unique Business ArchitectureLincoln Murphy
Definition of the SaaS Business Model: A Unique Business Architecture by Lincoln Murphy of Sixteen Ventures. The SaaS Business Architecture is a network-centric commingling of Marketing, Intellectual Property, Technology, and Business Model.
Learn to make money, or not to leave money on the table, with SaaS! This is an overview of the seven SaaS Revenue Streams created by Lincoln Murphy of Sixteen Ventures. The seven streams used in SaaS Revenue Modeling are: Recurring, Ecosystem, Ancillary, Network Effect, Products, Services, and Advertising.
SaaS Business Architecture - Definition UpdateLincoln Murphy
Updated definition of the SaaS Business Architecture by Lincoln Murphy of Sixteen Ventures. The SaaS Business Architecture is a network-centric commingling of Marketing, Intellectual Property, Technology, and Business Model.
Slides from session at SaaS University in Chicago July 1, 2009. SaaS multi-tenancy -- shared infrastructure and resources in a single application that serve multiple clients -- has been the subject of great debate that often begins and ends at the technical / architectural level. Like any good technology decision, multi-tenancy should be driven by the underlying business strategies explored in this seminar. Beyond the acknowledged benefits of improved operational efficiency multi-tenancy allows the SaaS vendor to monetize beyond the application, streamline sales and gain important competitive advantages.
Start Smart: Positioning Your Software Venture for Success (v2)Lincoln Murphy
Updated version of the Start Smart slide deck we use in the 2-3 hour version of our program. Added alternate title: Stop Coding: Put Down the Keyboard and Do the Hard Stuff First
Affordable Stationery Printing Services in Jaipur | Navpack n PrintNavpack & Print
Looking for professional printing services in Jaipur? Navpack n Print offers high-quality and affordable stationery printing for all your business needs. Stand out with custom stationery designs and fast turnaround times. Contact us today for a quote!
Taurus Zodiac Sign_ Personality Traits and Sign Dates.pptxmy Pandit
Explore the world of the Taurus zodiac sign. Learn about their stability, determination, and appreciation for beauty. Discover how Taureans' grounded nature and hardworking mindset define their unique personality.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
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.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
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.
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.
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3.0 Project 2_ Developing My Brand Identity Kit.pptxtanyjahb
A personal brand exploration presentation summarizes an individual's unique qualities and goals, covering strengths, values, passions, and target audience. It helps individuals understand what makes them stand out, their desired image, and how they aim to achieve it.
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.
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
Memorandum Of Association Constitution of Company.ppt
SaaS Marketing Strategy - Free Trial Success Secret 1: No More Evaluations
1. Lincoln Murphy Presents...
The 7 Secrets to
Free Trial Success
Turn your ‘Free Trial’ into a Customer-Creating Machine!
Lincoln Murphy http://sixteenventures.com
2. 7 Secrets to Increasing Conversions with Free Trials
Secret #1:
No More Evaluations
Lincoln Murphy
3. 7 Secrets to Increasing Conversions with Free Trials
If you believe people sign-up for your Free Trial
to do any of the following:
- Evaluate your product
- Try before they buy
- Kick the tires
- Poke around
- Explore
- Play around
You've already lost them!
Secret #1: No More Evaluations Lincoln Murphy
4. 7 Secrets to Increasing Conversions with Free Trials
You have to believe they are there to start
using and then to buy your product.
Secret #1: No More Evaluations Lincoln Murphy
5. 7 Secrets to Increasing Conversions with Free Trials
They might think they’re there to do
those things but you can’t think that.
Secret #1: No More Evaluations Lincoln Murphy
6. 7 Secrets to Increasing Conversions with Free Trials
They might have 8 products to evaluate - all
with feature parity - so they sign-up for your
trial as a part of that evaluation process.
How can you ensure that yours is the one they
end up paying money to use?
Secret #1: No More Evaluations Lincoln Murphy
7. 7 Secrets to Increasing Conversions with Free Trials
Get them to use your product rather than
evaluate / try / kick tires / etc.
Secret #1: No More Evaluations Lincoln Murphy
8. 7 Secrets to Increasing Conversions with Free Trials
It starts with a mindset switch from
thinking like the customer who says “I am
supposed to be evaluating products...”
Secret #1: No More Evaluations Lincoln Murphy
9. 7 Secrets to Increasing Conversions with Free Trials
To thinking like a vendor who says “I’m going
to get this person to start using my product
and become so engaged and invested that
they don’t even evaluate the other products
on their list and just buy mine”
Secret #1: No More Evaluations Lincoln Murphy
10. 7 Secrets to Increasing Conversions with Free Trials
That is a MASSIVE mindset shift, but that
is how your Sales Process - and your
Free Trial - can actually become a
Competitive Advantage.
Secret #1: No More Evaluations Lincoln Murphy
11. 7 Secrets to Increasing Conversions with Free Trials
Sure, they have 7 other products to
evaluate, but they don't even get try to the
others because your Free Trial strategy
actually pulls them in and gets them to use
the product rather than simply ‘evaluate’
Secret #1: No More Evaluations Lincoln Murphy
12. 7 Secrets to Increasing Conversions with Free Trials
While your 7 competitors wonder what’s
going on... all your products are pretty much
the same, right?
Secret #1: No More Evaluations Lincoln Murphy
13. 7 Secrets to Increasing Conversions with Free Trials
Low-touch sales process or high-touch,
it doesn't matter... this is the way it
should work.
Secret #1: No More Evaluations Lincoln Murphy
14. 7 Secrets to Increasing Conversions with Free Trials
Remember, even though it’s a
“Free” Trial, there’s no such thing as
“free” from the customer perspective
Secret #1: No More Evaluations Lincoln Murphy
15. 7 Secrets to Increasing Conversions with Free Trials
They are “investing” time and resources
into your product
Secret #1: No More Evaluations Lincoln Murphy
16. 7 Secrets to Increasing Conversions with Free Trials
The more they “invest,” the more likely
they are to convert
Secret #1: No More Evaluations Lincoln Murphy
17. 7 Secrets to Increasing Conversions with Free Trials
It’s your job to get them invested as much
as possible during the Free Trial
Secret #1: No More Evaluations Lincoln Murphy
18. 7 Secrets to Increasing Conversions with Free Trials
People don’t invest much in “evaluations”
so you need to move them away from
evaluation and toward “use”
Secret #1: No More Evaluations Lincoln Murphy
19. 7 Secrets to Increasing Conversions with Free Trials
You do this by designing a Free Trial
strategy - an experience - around the
goal of initial use (Engagement) and
deeper use (Investment) to make
Conversion the logical choice.
Secret #1: No More Evaluations Lincoln Murphy
20. 7 Secrets to Increasing Conversions with Free Trials
This might seem like a simple concept on
the surface, but for most of you, it will
require a complete mindset shift...
Secret #1: No More Evaluations Lincoln Murphy
21. 7 Secrets to Increasing Conversions with Free Trials
but a mindset shift that is totally worth it!
Secret #1: No More Evaluations Lincoln Murphy
22. For the Ultimate Free Trial
Resource Guide, visit:
http://sixteenventures.com/free-trial-resource-guide