Customer success leverage can sometimes be the difference between a winning and losing SaaS business when operating in low ACV environments. The theory is basically that if you are selling software at low prices you must be focused on extracting the highest degree of leverage out of your sales, marketing, and customer success teams to build a highly efficient business that wins. To discuss this topic we brought on our good friend and ultra-marathoner Jason Mills from Expensify to talk through ho...
Mar 18, 2016•40 min•Transcript available on Metacast SiriusDecisions introduced The Demand Waterfall concept in 2006 to create a shared view between marketing and sales to ultimately reveal the health of an organization’s new-business-related activities. We love this concept and recommend it to pretty much any portfolio company that cares about marketing and sales alignment. As demand generation efforts are becoming more and more important to the health of any SaaS company we thought it would be great to bring on our friend Ryan Mettee to this edi...
Mar 11, 2016•28 min•Transcript available on Metacast Client Churn is a topic of conversation we have not really covered yet on the Bowery Capital Startup Sales Podcast and so today we bring on our friend Kaveh Rostampor from Meltwater to help the younger generation of SaaS founders understand how to think about client churn. Kaveh is the Executive Director of the Americas at Meltwater where he runs a 200+ person team focused on operations, client acquisition and success, enterprise sales, and marketing for 14 offices in North America and South Ame...
Mar 04, 2016•22 min•Transcript available on Metacast Unique value selling, a tactic that’s been employed in the software world for years, guides practitioners to figure out why a product is a particularly good fit for a prospect, and then sell them on that message. That unique value proposition is something all startups mull over from Day One. Too few, however, break that high-level message down into dollars and cents for their potential customers, tying it directly to the bottom line. This week’s podcast invitee, Nanigans ’ SVP of Global Sales Aa...
Feb 26, 2016•39 min•Transcript available on Metacast Nearly five years ago, Aaron Ross changed the world of software sales with his bestseller Predictable Revenue . He articulated a sales model that his team used to add $100M+ in revenue at Salesforce. As I’m sure most of our readers and listeners know, that model is centered around a “Cold Calling 2.0 outbound process” that has been widely adopted in the SaaS community since. The Predictable Revenue-based framework we’ll focus on here relies on two key roles: Sales Development Reps (SDRs) and Acc...
Dec 18, 2015•33 min•Transcript available on Metacast Growing a developer community is something that many SaaS founders think about in the new age of selling low priced software to line-of-business (LOB) employees at the Fortune 500 all the way down to the hacker in her garage building the next Twitter. There have been great successes already accessing and growing a developer community with companies such as Heroku, Wordpress, Twilio, and Shopify now being household names in this ecosystem. One of the earliest and most noticeable companies to grow...
Dec 11, 2015•27 min•Transcript available on Metacast Kevin Chiu from Greenhouse Software joined us on the podcast this week to discuss "Outbound Sales Methods and Tools." Kevin currently leads the outbound sales team at Greenhouse consisting over 20 sales development representatives to generate pipeline for the account executive team. He's one to know about outbound sales methods and tools and we spoke a ton about products and services that Kevin sees as working in the market today. We start the discussion on the specific outbound methodologies th...
Oct 09, 2015•39 min•Transcript available on Metacast Zack Rosen joined us on to the podcast this week to discuss "Building Successful Partner Programs." Zach is one to know about the topic having run a Drupal agency for 6 years before founding Pantheon . Pantheon today is one of the largest web development platforms for open-source Drupal and WordPress based websites with over 100,000 sites under management serving billions of page-views per month. Having come from an agency background, Zack focused early efforts on shaping the success of their pa...
Sep 25, 2015•46 min•Transcript available on Metacast Taylor Gould, the VP of Marketing at BetterCloud , joined us in the studio this week to discuss his strategies for optimizing email response rates in another episode of the Bowery Capital Startup Sales Podcast. BetterCloud is a provider of insights, management, and security for cloud office platforms including Google Apps and Office 365. Based in New York, the Company serves over 30MM users across over 50 organizations, and with ~$50MM in venture financing behind it, is on a growth tear. No doub...
Aug 28, 2015•30 min•Transcript available on Metacast Overcoming SMB inertia is a major problem for many folks that listen to the Bowery Capital Startup Sales Podcast. While a new generation of IT buyer is emerging in several categories like restaurants, health & wellness facilities, and other brick-and-mortar locations it still is extremely difficult to get a small business to change their mindset and shift off of existing IT tools or buy something new. This week, we had Kevin Petry fromBookeron to discuss the problem of "Overcoming SMB Inertia." ...
Jul 17, 2015•38 min•Transcript available on Metacast Bob Lempke from Chartio joined us in the Bowery Capital studio this week to discuss "Using SaaS Discounts To Drive Sales." Every founder or startup salesperson in software has faced it at some point: the need to give a little on pricing to win a deal. Discounts have become such a fundamental concept in SaaS sales that some founders advocate a built-in buffer to account for inevitable wiggle room on price point. That said, while SaaS discounts can help you win deals (or retain / upsell them) in t...
Jul 02, 2015•49 min•Transcript available on Metacast Laura Menicucci from Cloudera joined us this week on the podcast to chat specifically about hiring effective sales engineers. We've talked a bit before aboutsales hiringin general but never specifically about the sales engineer role and hiring effective sales engineers. Laura brings a wealth of knowledge and experience to the discussion around hiring effective sales engineers having formerly built out the worldwide sales engineering organization at ArcSight and Rapt before joining Cloudera as th...
Jun 26, 2015•34 min•Transcript available on Metacast Tien Tzuo ofZuorajoined us on to our podcast this week to discuss "The Three Rooms Concept." Tien has been a good friend of Bowery Capital for some time and introduced this topic to us at our 2013 CMO Summit. He is one of the best SaaS marketers in the business having served as Salesforce's first CMO and CSO before founding Zuora in 2007. Today the business is a growing powerhouse in thesubscription experiencespace with over 400 employees, 1000 customers, and $200MM+ in VC funding. Most SaaS fou...
Jun 19, 2015•33 min•Transcript available on Metacast Ryan Denehy from Groupon joined us in the studio this week to discuss strategies around "Perfecting Your Sales Script." A company's sales pitch is going to evolve as its product and company grows, but it is one of the first things you should put in place before you start to scale your sales team. Without a defined sales pitch it will be incredibly hard to debug where your losing opportunities or coach underperforming members of your sales team.In our podcast this week, we get into the weeds on h...
Jun 12, 2015•30 min•Transcript available on Metacast Emmanuelle Skala from Influitive joined us in the Bowery Capital studio this week to walk us through her take on the "First Steps To Sales Ops Success" that every early-stage founder should know. Especially for SaaS companies with a driven-driven sales model, Sales Ops has become a discipline in its own right. We're all familiar with traditional SaaS metrics like MRR, churn, CLTV, etc. But for the most part, these are lagging indicators. While important, they don't provide the sort of foresight ...
May 29, 2015•41 min•Transcript available on Metacast Sean Kester from SalesLoft joined us in the Bowery Capital studio this week to walk us through his strategy for “Aligning Sales Teams Through SLAs.” The modern startup sales team includes a variety of roles, each of which has a different but critical part to play in the sales process. And this doesn’t just include core members of the sales team like Account Executives and SDRs. It’s also critical that Marketing and even Customer Success are aligned with sales and understand their responsibilitie...
May 22, 2015•40 min•Transcript available on Metacast Stu Wall from Signpost joined us in the studio this week to chat about the topic of "Sales Floor Incentives" and how to keep your sales team motivated. Check out the stream above or better yet head on over toiTunesand make sure yousubscribeto the podcast to get all our new content each week. If you have the luxury of building a 100 person sales team then you're going to have to spend a decent amount of time thinking about how to keep your sales team excited, motivated, and crushing sales. Most s...
May 15, 2015•27 min•Transcript available on Metacast Zack Kass from Mixpanel joined us in the studio this week to chat about the topic of “Beating Legacy Incumbents” and how to build yourself up to sell into large enterprises. Check out the stream above or better yet head on over toiTunesand make sure yousubscribeto the podcast to get all our new content each week. It is no surprise that there is a war going on out there between old school software vendors and the new breed of SaaS startups. It is only a matter of time before you gowhale hunting. ...
May 08, 2015•39 min•Transcript available on Metacast Alex Hesterberg from Pure Storage joined us back in the studio this week to chat about "Prepping Your Customer Renewal Strategy" and how your SaaS business should think about getting ready for renewals. Alex has a wealth of knowledge on the topic starting first at CSC and Symantec where he was actually on the line handling accounts and dealing with up-selling existing customers. He then moved on to Riverbed where he took on a leadership role managing and building out the professional service and...
May 01, 2015•33 min•Transcript available on Metacast Oliver "OJ" Jay joined us in the studio this week to chat about the difficult topic of selling SaaS overseas. We've talked a bit here about selling SaaS not from HQ in ourCrittercismpodcast but never touched on selling SaaS overseas. As a result we thought it would be great to bring OJ on to chat about the topic! OJ started atDropbox3 years ago first to build out the SMBhigh velocity saleseffort before leading the charge on setting up much of the international sales efforts for the company. He n...
Apr 24, 2015•28 min•Transcript available on Metacast Joe CaprioofInsightSquaredjoined us in the studio this week to record another episode of theBowery Capital Startup Sales Podcast: “Must-Have CRM Fields For Data-Driven Sales Teams.” There are certain data points every sales team knows to track from day one, whether you useSalesforce,Zoho,Sugar,Insightlyor even if youdon’t have a CRM yet: accounts, deal sizes, owner, etc. But there are a range of other less well-known data points that data-driven sales teams have found to be useful in optimizing ...
Apr 04, 2015•34 min•Transcript available on Metacast Jake Dunlap, Founder and CEO of Skaled (formerly Chartbeat & Glassdoor), joined me in the studio for this weeks Bowery Capital Startup Sales Podcast! This week we discuss what could be considered the most fundamental skill of a quality enterprise sales person, finding the right person to speak to and actually getting that person on the phone. Jake is an expert in the cold-call/email and has worked with dozens of enterprise startups helping them hone their prospecting into a replicable sales proc...
Mar 27, 2015•33 min•Transcript available on Metacast Chris FloresofNamelyjoined us in the studio this week to record another episode of theBowery Capital Startup Sales Podcast: “Building Your Sales Automation Stack.” Every startup sales team faces this question early on: what tools or infrastructure do I need to empower my salespeople and make sure we’re ready to scale quickly? Our team here atBowery Capitalstays close to the world of startup sales tools both on the investment side and from the perspective of our portfolio companies, and we know w...
Mar 20, 2015•32 min•Transcript available on Metacast Adam Liebman, SVP of Sales at SinglePlatform (acquired by Constant Contact), joins us in the studio for this weeks Bowery Capital Startup Sales Podcast! We've also decided to mix up the hosting duties as well, and I was glad to join Adam in the studio this week. Most guests that we have on the show are selling products in the five to six figure range, but there are a bunch of successful startups out there selling lower prices products to SMBs and we wanted to share some advice to them as well. A...
Mar 13, 2015•30 min•Transcript available on Metacast Mark Roberge joined us this week for a very special podcast to talk about the launch of his new book titledThe Sales Acceleration Formula: Using Data, Technology, and Inbound Selling To Go From $0 to $100 Million. We cover a specific component of his book called "The Sales Hiring Formula." Mark has long been a supporter and advisor to the Bowery Capital portfolio and he is currently the Chief Revenue Officer of the Sales Division atHubspot. He is one of the only sales leaders we know who has "go...
Feb 27, 2015•35 min•Transcript available on Metacast David Levy joined us this week for another episode of the Bowery Capital Startup Sales Podcast. David is an enterprise Account Executive at Crittercism, to discuss "Selling SaaS At The Outpost." We constantly talk a fair amount on the podcast about tactics of selling SaaS from your company's headquarters but what about those of us that may not be in HQ and are Selling SaaS At The Outpost? David was the 4th sales hire into Crittercism, a first mobile application performance management (mAPM) solu...
Feb 20, 2015•23 min•Transcript available on Metacast Matt Bachmanjoined us in the studio this week to talk about "Building Your Channel Program." Matt was one of the earliest employees at Acquia and came onto the podcast to discuss a common area of thinking for many SaaS founders. As you start to grow in the market with your sales efforts how do you compliment this and add a channel program to start to build beyond your own selling capacity?In our podcast Matt and I dig in to what it means to create a channel program and why any SaaS startup shoul...
Feb 13, 2015•27 min•Transcript available on Metacast Dave Govanjoined us in the Bowery Capital studio this week to record another episode of the Bowery Capital Startup Sales Podcast: “Creating An Effective ‘Total Universe Of Accounts.’” This topic is one that every early-stage startup has spent plenty of time working through: compiling that list of potential customers that your startup plans to target when it first goes out to market. While different founders take different tacks, Dave walked us through the importance of formalizing the process an...
Jan 30, 2015•41 min•Transcript available on Metacast Raphael Cartyjoins us to talk about a topic that’s likely near and dear to the hearts of many salespeople, but doesn’t often get much coverage: webinars. Raphael is currently the founder and CEO ofCallida Energy, a software solution that powers building optimization—from energy usage and sustainability to facilities management and automation. Raphael also brings with him a long history of thought leadership in the marketing space, having previously served as Head of Marketing forDealertrack, the...
Jan 23, 2015•32 min•Transcript available on Metacast We're back this week with another great edition of the Bowery Capital Startup Sales Podcast with Jon Parisi joining us in the studio to talk about "SDR Training Programs." The topic of SDR Training has been a major passion and interest of Jon's through the years and he has written extensively on this with some great presentations out there for any SaaS founder to follow. He's currently the Director of Revenue Development at GuideSpark and we thought it would be great to have him on to follow up ...
Jan 09, 2015•32 min•Transcript available on Metacast