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Manny Medina

๐Ÿ‘ค Speaker
244 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

Most SaaS companies will have roughly, like assuming there's nothing weird, right?

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

Like you don't have a big component of like, you know, professional services, et cetera.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

Like assuming all that, you're, you know, a good, healthy SaaS company should be running margins and they're somewhere between, you know, 80 to 70%, 65% even if you're growing really fast, because the majority of it is support in Amazon Web Services or Google Cloud or whatever you're using.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

That's a great question.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

So the moment you close a deal, for us in particular, adoption, because we're an engagement, we're a system of action, adoption is our true north.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

So the moment you close a deal, then it gets passed on to what we call the implementation manager.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

An implementation manager takes that entire account, the seat.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

So if somebody bought 100 seats, that deal goes to the implementation manager.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

And we need to assure that 70% of those seats have daily usage.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

Like measured by logins or number of messages sent?

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

We call them sales positive motions.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

So the ability for you to use the application manually, like you're doing something in the application that creates an opportunity, creates a meeting, creates a reply, creates a follow-up, whatever is creating something that is moving the deal forward, we measure.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

And we need to get 70% of the seeds doing daily positive motions.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

And that's when we graduate into a CSM.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

And then the CSM gets into the business of educating that account as opposed to getting to adopt.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

Okay.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

And that's break it down.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

It depends on the length of the deployment.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

So if it's, again, 100% account deployment, it usually takes about a month to two months to get everybody to learn and to use it at a scale in such a way that it doesn't become a problem downstream of adoption, et cetera.

SaaS Interviews with CEOs, Startups, Founders
Look Back: Can Outreach beat Vista Backed Salesloft?

Precisely.