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Ammon Curtis

๐Ÿ‘ค Speaker
164 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

And there's a couple of things that we did in relation to that.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

One, we made sure our coaches were oriented to the goal that's set by the customer.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

And then two, we also offer a guarantee.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

So historically, our coaching was set up where the customer would come in and they have an allotment of five hours or whatever it was.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Instead, we said, hey, why don't we guarantee that they'll be able to reach the goal?

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

We'll set the goal up front.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

But instead of giving just an allotment of five hours or 90 days or whatever the case is, we would say, at the end of 90 days, if you don't reach the goal, we'll continue to coach you and make sure that you get to the goal that you intended.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Now, how did it impact NRR?

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Well, if we break it down, for those customers that came in and kind of went through the guided do-it-yourself or the do-it-yourself, we were seeing a 41% net revenue retention.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Earlier, we were looking at unit retention.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Then those that we did it with them, we saw it bump up to 52%.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

We also built out capabilities to do a lot of the lift for customers, so we could not only build it out, but then instruct them in that process.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

And in that case, we saw a bump up to 73%.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Now, what gets even more exciting to me than just how being able to integrate that in so that not only the product-led growth elements, but the product-led organization, and the overall focus on the customer yields the success for the customers that we look for.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

When we look at our business and complement this with other initiatives,

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

What we see is the 41% like we talked about, 52% the done with you, the done for you at 74%.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

And if you couple just the coaching, completing coaching with the other initiatives that we've integrated in the business, it bumps up to 106%.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

So for us, it's made a seismic move in not only what we're doing with customers, but also the results for the business on how we're performing.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

So over the last 20 minutes, we basically covered how we evaluated and looked at our integrated PLG approach, and the decisions that went into that, and then the impact.

SaaS Interviews with CEOs, Startups, Founders
CPO Does $90m in Revenue, Reveals M4 Test He Ran To Increase NRR at Month 18

Now just to tie a bow on the experience that I had with skiing, about a week ago I went snowboarding with my family for the very first time.