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Nicolas Dessaigne

๐Ÿ‘ค Speaker
152 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

But spending half a day

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

Two half days a month answering support is actually a great thing.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

Yes.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

And as we speak, we're actually creating a support team now, dedicated support team, mostly to be able to do 24-7 support and have a higher quality of support and response time.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

That's great.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

But we still ask our engineers to participate to that.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

So maybe that is going to reduce a little, but still going to be there.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

So we don't communicate about the churn, but let's say that the most important here is really to have a net negative churn, which we have.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

For SaaS businesses, you always try to look at both the dollar churn and the dollar upgrades from existing customers.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

So what you want is to retain, to have an increase in the retention of dollars.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

Yes, exactly.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

Which means that part of the, when you start a year, that's the magical, the beauty of the sales business.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

You start the year, you already know that you are going to have more revenue that new year than the year before without even acquiring any new customers.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

So it's going to depend about the segment industry and so on.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

But basically, you can expect them to pay about 30% more the next year.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

So there's two aspects here.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

There is the usage itself, users growing by themselves, so they have more things to search for.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

They have more users that are querying the service.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

And the second axis is more around features, value-based features.

SaaS Interviews with CEOs, Startups, Founders
1562 Why $40m ARR Algolia CEO Believe Developers Should Do 1 Day of Support Per Month

You want to add personalization in your search, then that's a new product, a new module, a new add-on that you have to pay for.