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Amin

๐Ÿ‘ค Speaker
1040 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

This is what we did over 24 months, increased our ARPU 54 percent from about 4,500 to 7,000.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

There are a couple of different small steps here and one big step.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

Smallest step was that once we figured out our ARPU is the blocker for outbound, what we did instead of going horizontally and building for other markets adjacent market, we went vertically, added more features, added more pieces to our software that will make it more valuable to the customer.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

If I can create more value for the customer, now I can charge more for that.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

So we created different tiers for our subscription and we're able to upgrade people through that and really increase our output through that.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

The other thing, the big jump that you see in the middle is a price increase.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

I highly recommend that because I believe most of you right now are undercharging for your tool.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

Price increase seems scary, and our price increase was significant, on average about 30 to 40%.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

The net result of that was 25% increase in revenue for us, but basically we lost customer.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

We lost customer, but we were better off after the price increase.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

And it also enabled the outbound strategy for us.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

The next one is about different channels.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

This is an actual text one of our sales people sent for the signing up.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

Text messages work really, really well right now for our customer base.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

And again, this is another piece about testing different

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

methods and mediums.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

And this is true not just for outbound, this is true probably for a lot of other channels that you can use, and you can use it at different parts of your funnel.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

It doesn't have to be at the top of the funnel.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

And last piece that I wanted to share here is about not relying on one source.

SaaS Interviews with CEOs, Startups, Founders
Sell SMB SaaS? He Generates $20m/yr using "Impossible" Outbound, Craver CEO

This is an email that we got in February.