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Mauricio Quiguela

๐Ÿ‘ค Speaker
194 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

their processes their journeys we can call journeys but in the end of the day we're talking about processes so what happened to a customer when they want to buy from you when they want to turn they want to cancel the subscription when they need to upgrade or they they need to save money and you you need to offer something cheaper to them like a downgrade or or maybe a coupon or so on

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

So first of all, we have goals for departments.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

So the marketing department has a goal to generate X number of leads.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

Sales has a goal to bring X number of MRR, ARR, or whatever metric.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

When we implement revenue operations, we are not talking exactly about each department, but we are talking about the company.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

So if we bring to the company global goals, how is the growth rate and who is responsible for the growth rate?

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

Probably all departments are responsible for that instead of each one of those departments.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

So if you can have monthly, real time, a dynamic vision of your whole company,

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

probably you're going to identify and fix all problems much easier and quicker.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

What we did on our assessment was, first, take a deeper look into our customers.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

As I told you before, we were selling to everyone.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

Now, I separated here only accountants.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

So, when we sell to accountant offices, we have an LTV of $1,400.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

The payback of cost of acquisition is like four months, only four months.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

Our LTV per ARPU it's 45 times, which means 45 months.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

We spend the first four months to pay the acquisition and then 40 months to make money with them, which is really good.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

And the churn in average, 1.4% per month.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

but when we take a deeper look now we separated all the accountants by group of users all the accountants with one or two users have just 30 months it's not bad but if you take a look on this one it's the triple you know look at the churn

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

5.3% per month.

SaaS Interviews with CEOs, Startups, Founders
9 mistakes sales reps make when they finally send the docusign to the prospect

So if we tell the marketing department that are generating leads not to generate this kind of company, so not qualify this kind of company, probably our metrics will be much better.