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Will Shaw

๐Ÿ‘ค Speaker
190 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

So on 10K in spend, we'll get about...

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

25 net new customers.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

So we'll get a bunch of trials and we convert about 70% of those trials.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

So that'll equate to about 25 new paying customers.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

Yeah, so there's a kind of key components that we look at.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

One is making sure that they engage with us.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

So kind of the first way we weed somebody out is if they don't engage with our onboarding team, we look at a trial as an opportunity for a paying customer.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

So we immediately start reaching out and trying to onboard.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

They don't engage with us and they have no usage, we'll preemptively cancel their account and let them know to try to re-engage them.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

um so that's the first thing we do but the the main key things we're looking at is getting them started on our onboarding process so we invest heavily on onboarding you charge for it is there a setup fee what's that no we don't charge a setup fee we actually i know everybody's trying to reduce our customer acquisition cost we're trying to increase it heavily through increased onboarding our our view is if we spend more on onboarding we can increase our ltv and we can spend more to acquire our customers so

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

We go through a pretty heavy onboarding.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

We try to connect with them.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

Our goal is to get them to either import data, connect to their lead sources, get their sales team in there.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

There's about four to six key objectives that we want to accomplish in a 30-day period.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

Yeah, for sure.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

Yeah.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

You can reduce the amount of people come in lower churn, but again, it's just a change of the funnel.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

Very concentrated.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

It's very small.

SaaS Interviews with CEOs, Startups, Founders
BetterAgency CRM for Insurance Hits $1m ARR, Raises $2m on $15m Valuation

I mean, we have some good affiliates, but we haven't gone large with it yet.