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

Latif Nanji

๐Ÿ‘ค Speaker
190 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

They do have targets in which they have to hit.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

And they're not confident in the traditional sense, like you need to do, you know,

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

$100,000 in expansion over the quarter or something of that nature.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

We actually do it based on the quick ratio.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So we look at both expansion, contraction, churn, and new if they're closing any deals.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Usually, they're able to do any transactional deals, so deals that are smaller than $5,000.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

And then from there, our sales team would take over if there are larger deals and have to go through a traditional procurement process.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

Yeah, so for example, so they have a portfolio of customers.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So we have to start there.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

They own a segment of, let's say, somewhere between 200 to 400 customers, depending on the tenure of that particular CS rep.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

the experience and the relationships they've built with customers.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So they own that.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

And what they're responsible for on a month-to-month basis is both the expansion and contraction.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So it's a ratio.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So basically, let's say in the quick ratio world, you want to be aiming for every $4 you bring in, you don't want to be losing more than a dollar.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

That's sort of like the sweet spot.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So let's say, for example, they're comped on that and they get X amount of dollars each month or quarter if they shoot over, let's call it 4.25.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

But if they get between 3.75 and 4.25, they're then comped another dollar amount.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

So this has been working sort of early on in the business.

SaaS Interviews with CEOs, Startups, Founders
1461 Does Your CS Team Carry a Quota? $8M in ARR on $2.5M Raised Roadmunk CEO Explains

But as we continue to grow, we're looking at new models that are not just focused on both expansion and contraction or churn.