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Sam Jacobs

๐Ÿ‘ค Speaker
659 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

And that is an example.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

Now HubSpot, of course, views Salesforce as one of the biggest competitors.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

But the point of this exercise is how do we identify the key activities, particularly post-onboarding and through onboarding?

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

One more thing I'll say before I wrap up the talk.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

There are a lot of different reasons why people churn.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

And if you're facing a retention issue in your business right now, those, I don't know if I can remember all of them off the top of my head, but I will tell you,

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

that most of the time everybody in this room is going to think that pricing, packaging, and effectively what you would describe as product market fit, meaning features, are the reason that people are churning.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

And it's possible but not likely that those are the reasons.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

The biggest thing that you can do to drive up retention is not change your price and is not add a new feature.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

It is fix your onboarding process to drive time to value.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

Most companies and most vendors do not spend enough time

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

and you have a whole category of customers that you would consider to be failure to launch.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

They never get to the right place through the onboarding process or it doesn't happen quickly enough.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

And as a consequence, they never enter your ecosystem in the way that it maximizes their opportunity for success.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

So if you're thinking about and related to failure to launch, meaning poor onboarding is poor communication, poor product marketing, right?

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

So you think that it's my price is too expensive.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

I need to lower the price.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

I need to add more stuff, take out some stuff.

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

Really what it tends to be

SaaS Interviews with CEOs, Startups, Founders
How Pavilion Hit $10m in Revenue While Balancing Investor and Customer Demands with CEO Sam Jacobs

is communication product marketing and then effective onboarding.