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Brad Leeuwen

๐Ÿ‘ค Speaker
240 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

The market's tough.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

It's especially tough for smaller companies.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

let's go a little bit bigger, right?

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

We had companies that had come inbound to us that had several thousand employees.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

We're like, well, let's go see if we can generate more deals there, as well as sell to our standard customer, 50 to 500 people.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

And, you know, what was interesting about it was though we did book opportunities with buyers of that size and though we closed them,

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

it didn't really have an impact on the total amount of pipeline we were booking.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

And so coming into Christmas last year, we were thinking, OK, we've tried to go upmarket in addition to our SMB mid-market.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

It's not got the results we wanted.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

We're not having a chart that's going up and to the right.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

We need to make a change.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

And you can see that last bar there.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

This is an index of our pipe generation from Q1 this year till about two days ago.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

So you can see that the changes that we made really did have an impact, and we'll be talking about it as we go through.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

So where did we start?

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

We started by looking at our own data in our sales pipeline.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

So we saw pipe was good, not great.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

But the problem was when we started looking under the hood, there wasn't a lot to like, right?

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

Here's our average sales cycle.

SaaS Interviews with CEOs, Startups, Founders
How to 3x your revenue with 3 simple pricing changes

So for Clodara, we were closing deals on average every, took us 30 days more or less since the beginning of time for us.