Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

David Skok

๐Ÿ‘ค Speaker
217 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

I mean, certain products you have to log in to get the results, but it's a fake metric.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

The real metric that you should be focused on is what business benefit are they getting?

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And sometimes usage is a way you can get to that, but it'll be very specific usage.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

So

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

Understanding, for example, is there a metric inside of your software like there was inside of HubSpot to be able to figure out how many new leads that they've generated as a result of writing a blog post or how much improvement there's been in the conversion rate as a result of doing some nurturing using email or something like that.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

Those would be clear metrics that you could take that would really...

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

show that the products are what they're looking for.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And that's going to be sticky and give them what they're looking for.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

So I think try to peel apart why people are buying your product and really focus in on what's the fastest way you can get them to that benefit.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

Cut out everything else you need to do.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And where necessary, recognize that some of your users will just do this very well themselves.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And some of them won't.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

Some of them are not going to be actually great at competencies of using the product itself.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And if that's the case and you really want to care about getting high retention rates, recognize that you're probably going to have to do some of that for them and with them and make sure that they actually get that benefit as a result of signing up.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

Yeah, yeah, it's a great point.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And you really have you've done your work here.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

You've you've studied the the the the.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

So in HubSpot's case, we started with an idea that simplicity was going to be great.

SaaS Interviews with CEOs, Startups, Founders
1137 David Skok Matrix Partners on Hubspot Pricing Axis, Category Leaders, $100b Softbank Fund

And so we had one price point, which was 500 bucks a month, $6,000 a year for every single customer, regardless of what was going on.