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Mark Daniels

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Around the holidays.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So we're not used to that here in America, but that's how it goes.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So you have to staff up your U.S.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

staff and keep them working during the holidays.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

We were around 350, you know, and things were around.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

A large problem was retention and the quality of the software.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Um, retention in New Zealand was in the 70 percentile and in the U S it was in the 50 percentile.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So very low.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

That's a, that's logo retention.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

That's client retention.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

No, pretty, very much.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

I mean, you're very close to each other.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Invested money in our resources in the U.S., invested money in development, got development not focused on next week's features, but on getting the bugs out of the existing system.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

In the SaaS market, you have to have a rock-solid platform to retain customers.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Re-engineered the onboarding, the onboarding of a client.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

We pulled data in from multiple systems to provide a dashboard of real-time dashboards, real-time data.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So a lot of those integrations were not where they should be.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So just really investing a lot of money in development and getting the platform stable and to honor the commitments we were making to clients.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

I had one rep in Q4, pulled a 100% retention rate, which is great, but we're averaging just above 80% right now.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Yeah, that's a combined retention.