SaaS nirvana is a tempting, alluring place. Stories abound on TechCrunch, Forbes and other tech business press about the fortunes of those who make it. Multiples for SaaS IPOs tend to be among the highest in the tech industry. So there is a palpable pressure in a SaaS marketer to get there as fast as possible. But pushing against this headlong rush to El dorado is another force, a discipline required to get it right before growth – the ramp – kicks in. You can burn a lot of money if you don’t … [Read more...]
Archives for April 2015
Five SaaS Marketing Pitfalls to Avoid
This is an excerpt from my forthcoming SaaS Marketing Handbook -TM I have fallen into almost every one of these pits. Some of them more than once. I’ve learned the hard way that you need to clearly set expectations, and under promise and over deliver, to be successful as a SaaS marketer. Pitfall #1 “[Person’s name] a [Board Member | Friend of Mine | Fellow CEO | Next Door Neighbor] told me they are getting a [fill in ridiculously high number] conversion rate for [fill in a dollar amount that’s … [Read more...]
Four SaaS Marketing Myths
This is an excerpt from my forthcoming SaaS Marketing Handbook -TM Like any business model that has made billions for executives and shareholders, SaaS has its own mythology. Stories heard in the boardrooms of SaaS titans have been passed down to aspiring SaaS CEOs. Ambitious CMOs who want a piece of the SaaS game often burnish their conversation stats. Which is to say, be wary of SaaS war stories. Make sure to separate history from lore. Here are four common SaaS marketing myths dispelled. … [Read more...]