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Selling Saas
Duane Dufault
173 episodes
9 months ago
In the SellingSaas Podcast (Formerly the Sales Leader Network) we break down the topics of Go To Market strategies, Revenue Acquisition, and my favorite topic of Sales Leadership. We have a few versions of the show where we have the traditional guest episode when I bring on someone who is an expert in one of the topics just mentioned, then there will episodes where I’ve been a guest on another show that I share on this show for you, and then there will be solo episodes from yours truly where I get extremely tactical with Sales and GTM.
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Entrepreneurship
Business,
Management,
Marketing
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All content for Selling Saas is the property of Duane Dufault and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
In the SellingSaas Podcast (Formerly the Sales Leader Network) we break down the topics of Go To Market strategies, Revenue Acquisition, and my favorite topic of Sales Leadership. We have a few versions of the show where we have the traditional guest episode when I bring on someone who is an expert in one of the topics just mentioned, then there will episodes where I’ve been a guest on another show that I share on this show for you, and then there will be solo episodes from yours truly where I get extremely tactical with Sales and GTM.
Show more...
Entrepreneurship
Business,
Management,
Marketing
Episodes (20/173)
Selling Saas
When it comes to scaling your B2B marketing, where do you even start? Insider Tales from a B2B Marketer, Pasha Irshad of Shape & Scale
In this episode, Pasha Irshad emphasizes the importance of early communication and pushing back with clients to address the need for change and achieve desired results. As a consultant or agency, it is crucial to let clients know that their current approach may not be effective in reaching their goals. Pasha highlights the role of consultants in helping clients move forward and make necessary changes. However, Pasha acknowledges the challenge of finding the right balance between ambitious design ideas and easily understandable technical explanations. It is important to communicate the need for change without overwhelming the clients. Furthermore, the episode emphasizes the significance of having visibility and communication across departments to understand the customer journey. Consultants and agencies should incorporate insights into the entire customer process rather than focusing solely on solving specific problems within one part of the company. While this understanding may lengthen the sales cycle, it is crucial for achieving success.
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2 years ago
38 minutes 2 seconds

Selling Saas
How to decrease sales cycles and increase conversions, even in a down market, with Chuck Reigrut From Spiff inc.
In this episode of the Selling SaaS Podcast, host Duane Dufault interviews Chuck Reigrut, a guest who made a significant career pivot after spending 17 years in the tech sales industry. Chuck shares his journey, starting from his first sales job at a local Italian restaurant to eventually selling ad space for a local newspaper. He discusses the challenges of starting out in sales without experience and the importance of hustling. Success in a job requires a combination of industry experience and domain experience. Chuck explains that while self-belief and being up for the challenge are important factors for success, having a combination of industry experience and domain experience is crucial. He shared his own experience of transitioning from the EdTech industry to the ICM space. After spending a significant amount of time in the EdTech industry and gaining knowledge about the buying cycle and industry differences, they made the life-changing decision to switch to the ICM space. They highlight the importance of understanding the specific industry and its unique characteristics, as well as having the necessary sales skills, to be successful in a new field. Chuck also highlights the need for a two-way street in partnerships. It is not just about the speaker's company leveraging the partner's resources and contacts; it is also about providing value and support to the partner. This mutual exchange of value is essential for a successful partnership. He also discusses the significance of understanding the connection and benefits of partnerships rather than becoming an expert on the partner's technology. In the enterprise space, where there are multiple moving parts and decision-makers, having a deep understanding of how the partnership connection is made can provide a competitive advantage. It allows the speaker to come to market with a carefully crafted solution that addresses the specific needs and challenges of the customer, helping them stand out and get ahead in the deal-making process.
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2 years ago
51 minutes

Selling Saas
Struggling with growing sales? Then you might just need to get out of your own way... here's how with Kristie Jones from Sales Acceleration Group
In this episode of the Selling SaaS podcast, host Duane welcomes guest Kristie Jones, an experienced sales professional. Kristie shares her background growing up in an entrepreneurial family and how her parents' real estate business shaped her perspective on money and business. They discuss her journey in the sales industry, her role in helping founders scale their businesses, and her upcoming projects. The top 10 percenters mentioned in the episode follow a specific routine that involves going to the gym every morning by six, engaging in a meditation practice, and participating in a spiritual practice. They also make it a habit to read a book every month and have an advisory group that meets once a quarter to share their challenges and provide support. Additionally, they prioritize spending quality time with their loved ones, such as dedicating two hours every night to their children without any distractions. These individuals understand the importance of maintaining a balanced lifestyle and the mind-body connection. Kristie Jones emphasizes the importance of seeking help for career growth and development. They acknowledge that even high-achieving individuals can find it challenging to ask for assistance, but they believe that it is one of the best decisions they have made for their career. She also emphasizes the importance of surrounding oneself with the right circle of people. They suggest the idea of letting go of individuals who do not positively contribute to personal growth. This concept applies not only to sales representatives but also to founders. The guest speaker believes that the strategies, processes, and tactics that have led to one's current position may not necessarily be the ones that will propel them to the next level. Therefore, it is essential to surround oneself with individuals who can provide guidance, support, and fresh perspectives
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2 years ago
42 minutes 39 seconds

Selling Saas
How Are You Unleashing the Full Power of Your business? Tap into the Ultimate Success Factor with Lloyed Lobo
In this episode, Lloyed Lobo joins Duane Dufault, and one of the things they discuss is the transformative power of changing one's environment to positively impact one's outlook and overall well-being. Lloyed shares his personal experience of relocating to a place devoid of negative energy where everyone is focused on positive aspects such as fitness and personal growth. This change in environment, along with the new friendships formed, had a profound effect on their perspective on life, resulting in significant improvements in their health. They became more positive and helpful, and they even took on new roles as board members, excelling in their responsibilities. Lloyed also emphasizes that self-care is not a selfish act but rather a responsible approach to creating value in the world. They acknowledge that some individuals may feel guilty about prioritizing their own well-being, but stress that it is necessary in order to effectively contribute and generate value in both work and relationships. Overall, this episode highlights the importance of self-care and emphasizes that it is not a selfish act but rather an essential component of personal well-being and productivity. Taking time off and focusing on self-care can lead to improved health, happiness, and ultimately greater success in various aspects of life.
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2 years ago
49 minutes 52 seconds

Selling Saas
The 5 things you're not doing to leverage channel partnerships for your B2B SaaS with Duane Dufault
In this episode of the Selling SaaS Podcast, Duane Dufault discusses the importance of building a strong channel partner program in order to scale B2B SaaS companies. Drawing from his interview with Chuck Reigrut, the director of alliances at a tech company, Duane shares insights on how to leverage channel partnerships to penetrate larger markets and secure better deals. He emphasizes the importance of managing partnerships under the sales department rather than marketing. Many companies make the mistake of relying on a flashy slide deck and having a marketing associate present their product to the partner's sales team. However, this approach only sells to the partner's sales team, not directly to the customer. The purpose of partnerships is to gain referrals and acquire better customers more efficiently. Therefore, it is crucial for the partner program to be under the sales department or customer success department, as they have daily interactions with customers and understand what works best. By managing partnerships under the sales department, companies can effectively communicate with the partner's sales team and position their products in alignment with the partner's offerings.
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2 years ago
24 minutes 50 seconds

Selling Saas
Sales Strategies for Growing B2B SaaS Companies with Jakub Hon
In this episode of the Selling SaaS Podcast, host Duane Dufault welcomes Jakub Hon, the founder of SalesDock. Jakub shares his journey in sales, starting with his first position in a small company and eventually transitioning into the tech industry. He and a friend decided to start a sales outsourcing company for tech companies, which later evolved into a consulting business. Jakub provides insights on the challenges and growth opportunities for B2B SaaS companies, from launching and securing funding to scaling their businesses beyond founder-led sales. They emphasize the significance of formalizing and documenting the criteria and responsibilities for salespeople in a company. They stress the importance of clearly defining what the company offers and what the salesperson's responsibilities will be when hiring salespeople. This can be achieved by putting the criteria and expectations in writing. By formalizing the criteria, the company can ensure that all team members are on the same page and have a clear understanding of their expectations. This is particularly important when there are multiple founders or decision-makers in the company who may have different ideas. Putting the criteria on paper helps align everyone's expectations and avoids confusion or misunderstandings. Tune in for valuable perspectives and advice from Jakub's experience in the industry.
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2 years ago
38 minutes 37 seconds

Selling Saas
The Sales Gap: Why PLG Companies Struggle to Scale Beyond Small Businesses with Duane Dufault
In this episode, Duane Dufault delves into the importance of understanding the art of selling when implementing a product-led growth strategy to expand into larger businesses. It emphasizes that simply relying on customers to navigate through a trial or app guide is insufficient. Duane suggests that in order to target larger businesses, companies must learn how to effectively sell to them. While acknowledging the value of product-led growth in answering questions and helping prospects learn how to use a tool, he emphasizes that it should be used as a tool rather than the sole selling point. It argues that relying solely on product-led growth can result in high churn rates, particularly for small businesses. To overcome this challenge, Duane recommends segmenting and attracting larger leads and initiating a sales process as soon as they come into view. It advises reaching out to potential customers, engaging in conversations, asking basic questions, and understanding the problems they aim to solve with the app. Additionally, he suggests learning from the sales processes used by small businesses and adopting similar verbiage and language to approach mid-market businesses.
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2 years ago
8 minutes

Selling Saas
Overcoming Setbacks and Building a Thriving Business: How Ticketing Hub Found Success with Carl Pihl
In this episode of the SellingSaaS Podcast, our guest, Carl Pihl, the founder of Ticketing Hub, shares his journey building a successful business in the tours and activities industry. He discusses his previous failed ventures, including an attempt to create a Facebook-like platform for students, and how he learned from those experiences to create Ticketing Hub. Carl explains that Ticketing Hub is like Shopify for tours and activities, offering cloud reservation services. He also highlights the rapid growth of his previous business, Lost in London, which catered to language schools and organized social programs for international students. Overall, Carl's focus lies in catering to a wide range of industries, optimizing their backend, tracking user behavior, and utilizing AI to generate content. These efforts are aimed at improving their services and providing value to their customers.
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2 years ago
45 minutes 18 seconds

Selling Saas
How to Maximize your ROI with One Simple Step: Segmentation with Duane Dufault
In this episode, Duane Default discusses the importance of segmentation, data, and revenue operations (rev ops) in building a successful B2B SaaS business. Duane emphasizes the importance of collecting the right information from prospects and customers to drive specific types of business and optimize marketing campaigns. He explains that by understanding the makeup of existing customers, businesses can prioritize their sales funnel and optimize their marketing efforts to attract more of those customers. Duane suggests adding forms to the website, including segmented questions in trials, and collecting information through asset downloads to gather relevant data. By analyzing the information collected, businesses can identify which marketing campaigns are driving certain types of traffic and determine their effectiveness in converting prospects into customers. This allows them to make informed decisions about which campaigns to continue and which ones to stop.
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2 years ago
8 minutes 15 seconds

Selling Saas
Ignite Your Career, Transform Your Sales, and Reimagine Your Revenue with Adam Jay
In today's episode, Duane Dufualt and guest Adam Jay explore the concept of pricing perception and its varying impact across different industries and mindsets. They discuss how individuals who are willing to pay more for a product or service tend to pay closer attention to it. This principle applies to various sectors, including technology, retail, and coaching. Additionally, they share their personal experience of moving away from underpricing themselves. They explain that by setting higher prices and being selective about their clients, they have gained more flexibility and improved the overall client experience. They contrast this with situations where they have worked with clients who constantly complain, fail to implement advice, and do not prioritize the relationship. This mindset of narrow-mindedness and lack of action is a common issue among some small business owners. Another key point made in the episode is that not every client is a good fit. Duane argues that the more a business discounts its prices or lowers the cost of its products, the more challenging the customers tend to be. They provide an example of a small tech company that charged a low monthly fee and experienced a high payment failure rate. They found that these customers were more complex and problematic compared to customers who were willing to spend more. Overall, the episode highlights the importance of pricing perception and its impact on customer attention and commitment. It also emphasizes the need for business owners to overcome narrow-mindedness and take action on strategies that can propel their business forward.
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2 years ago
35 minutes 29 seconds

Selling Saas
The myths sales managers believe that keep them from leading their teams
In this episode of the Selling SaaS Podcast, Duane Dufault discusses the misconception that being a top sales rep automatically makes someone a good sales manager. He emphasizes the importance of recognizing the differences in skill sets and mindsets required for individual contributors versus leaders responsible for managing others. He encourages companies to create clear paths for sales reps with leadership potential rather than promoting solely based on sales success. This episode shines a light on the often overlooked topic of sales leadership in the SaaS industry. According to Duane, sales leadership requires a servant-minded mentality. The primary role of a sales leader is to serve and support their sales team by removing any roadblocks that hinder their success. He emphasizes that sales reps should be able to focus primarily on talking to customers and finding opportunities to engage with more customers. It is the responsibility of the sales leader to ensure that the team can prioritize these activities by eliminating administrative tasks and other distractions. This episode also explores the distinction between managing and leading people. While managing involves monitoring behavior and adherence to goals and standards, leading is about helping individuals develop, pushing them forward, and assisting them in becoming better versions of themselves. Duane suggests that in order to transition from a sales manager to a sales leader, one must shift their mindset from managing to leading.
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2 years ago
13 minutes 39 seconds

Selling Saas
The path to CRO is broken, here's how we fix it, with Sam Jacobs from Pavilion
In this episode, the importance of unit economics in acquiring and retaining customers is emphasized. Unit economics refers to the relationship between four key factors: the cost of acquiring a customer, the revenue generated from the customer, the cost of delivering the service, and the customer's retention rate. Sam Jacobs highlights that if a business spends a significant amount of money to acquire customers but they do not stick around or generate enough revenue to cover the costs of servicing them, it indicates a poor business model. Therefore, it is crucial to spend money wisely when acquiring customers and focus on customer retention. Furthermore, Sam Jacobs emphasizes the need for customers to stick around and states that it is not feasible to spend a lot of money to acquire customers who are not likely to stay. This implies that customer retention is a key metric to consider when evaluating the success of a business. Additionally, he mentions the importance of building a community and providing support to customers. They suggest that if customers join a platform or community but do not find the necessary assistance or engagement, they may not stick around. This further emphasizes the significance of customer retention and the need to provide value to customers beyond just acquiring them.
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2 years ago
41 minutes 25 seconds

Selling Saas
Taking Time to Unpack Data and Rebuild Strategies with Matt Green Part 2
In this episode of Selling SaaS, the focus is on the need for a renaissance in the mindset of VC firms when it comes to determining go-to-market strategies. Duane Dufault and Matt Green discuss the importance of boards getting more involved in analyzing deep-level analytics as well as the lack of education provided by accelerator and incubator groups on how to collect and analyze data. They highlight the gap in understanding how to analyze the go-to-market funnel and the significance of key metrics such as the MQL-to-customer ratio and the cost of acquisition per lead. This episode concludes with a real-life example of a company with a low lead-to-customer conversion rate. They also emphasize the idea that sales professionals need to always be prepared and continuously practice in order to perform at a high level. They argue that this mentality of continuous practice is lacking in many professional situations and that leaders should prioritize creating a coaching culture to encourage ongoing skill development.
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2 years ago
20 minutes 40 seconds

Selling Saas
How to Measure Potential ROI of MQLs in SaaS with Duane Dufault
In this episode, Duane Default discusses how to improve customer acquisition without relying solely on paid campaigns and large SDR teams. He highlights the limitations of collecting leads through forms on websites and the challenges of relying on data enrichment platforms. Duane offers insights into more effective and efficient strategies for scaling B2B SaaS companies, emphasizing the importance of a sales-led approach. He shares practical tips for acquiring high-value leads and avoiding unqualified or outdated data. Implementing a simple question on lead forms that directly relates to how your platform is priced can be a valuable strategy for measuring lead volume and effectively managing leads. By asking this question, businesses can gain insights into the potential value of each lead and make informed decisions on how to prioritize them. Once the question is implemented, businesses can begin measuring the type of lead volume they are receiving. This allows them to identify which leads should be immediately directed to the sales team for further engagement. These leads are likely to have a higher potential for conversion and should be prioritized for immediate follow-up. On the other hand, there may be leads that are not yet ready for direct sales engagement. These leads can be placed into nurture campaigns, where they can receive targeted and personalized content to build their interest and engagement over time. By nurturing these leads, businesses can increase their chances of conversion in the future.
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2 years ago
8 minutes 14 seconds

Selling Saas
Sales Assembly: Empowering Sales Teams to Drive Growth in the SaaS Industry with Matt Green Part 1
In this episode of Selling SaaS, host Duane Dufault interviews Matt Green, CRO of Sales Assembly. They discuss Sales Assembly's role as an outcome-based skill development platform for B2B SaaS companies and their work with notable companies like LinkedIn and Intuit. Matt shares the story of how Sales Assembly was founded and the ideas behind it. Matt and Duane explores the effectiveness of community learning and the benefits of learning from others in a group setting compared to guided courses or resources. They highlight that they retain more information from situations where they engage with a group of people, such as role-playing or shadowing, as opposed to guided courses. Matt emphasizes the value of being in an environment where they can observe others in the same job role, whether it be through role-playing or interacting with colleagues. They also note that even when attending leadership conferences, they find that the most impactful learning experiences come from being in a group setting rather than solely relying on documentation or materials. Overall, the episode suggests that community learning and learning from others in a group setting can greatly enhance the learning experience and provide valuable insights and best practices.
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2 years ago
21 minutes 58 seconds

Selling Saas
Hyper Focused Selling: How to Close More Deals with Jordan Kennedy Part 2
In this episode, the importance of hyper-focusing and deep knowledge in sales is emphasized. Duane highlights the need for sales reps to be almost obsessed with a single topic and delve so deeply into it that they can have week-long sessions without getting bored. This level of focused curiosity is seen as crucial because many sales reps struggle with the understanding that they can take one topic to the finish line. Jordan Kennedy also discusses how modern sales reps often overlook the significance of hyper-focusing on personalization for each company. They emphasize that quality is more important than quantity and that working less can actually be more effective. Instead of pursuing a large number of accounts, Jordan suggests that the best reps focus on identifying the 10 best accounts on their list. Furthermore, the episode delves into the importance of asking deep, thoughtful questions and honing active listening skills in sales. It is mentioned that these skills cannot be learned from a book but rather require reps to have the confidence to explore their gut feelings and curiosity in the moment with prospects. Jordan also acknowledges that sales reps may experience insecurities and self-doubt when they feel like they shouldn't be at the table, but emphasizes that having the mindset of being the expert and providing answers is crucial in sales.
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2 years ago
22 minutes 17 seconds

Selling Saas
The Key to Increasing Conversions and ACV in a PLG Saas Company
In today's episode, Duane Dufault discusses the importance of a product-led growth strategy for B2B SaaS companies. He emphasizes the need for good data tracking and explains how to translate that data into actionable insights for a sales team. Duane highlights three key things that a salesperson needs to see within a product-led growth strategy: where the lead came from, when the lead reached out, and what actions the lead has taken within the product. He explains how this information helps salespeople tailor their approach and guide prospects through the onboarding process effectively. The goal of this episode is to help you learn how to make any PLG strategy successful, minimize tools to get it done, and use Hubspot to make it happen.
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2 years ago
17 minutes 32 seconds

Selling Saas
Importance of Asking the Right Questions and Sales Strategies in Enterprise Sales Insights from Jordan Kennedy Part 1
In this episode of the Selling SaaS podcast, host Duane Dufault interviews Jordan Kennedy, Senior Vice President of Revenue at Botify. Jordan shares his career journey, starting in finance and eventually transitioning to the tech industry. He discusses his experience at BounceX, where he played a key role in scaling the company's sales team and driving significant revenue growth. Jordan also provides insights into his current role at Botify. Jordan emphasizes the importance of intellectual curiosity and understanding the client's business in order to ask the right questions. They mention that when speaking to an executive, it is crucial to have a deep understanding of their business and industry, including their seasonality and specific challenges. By demonstrating this understanding, sellers can ask more relevant and tailored questions that will resonate with the executive. He also highlights the importance of doing homework on the client's website before engaging in a conversation. They suggest analyzing the client's website and identifying any potential issues or areas for improvement. By uncovering specific insights about the client's website, such as low organic traffic for important product pages, sellers can ask targeted questions that address these issues. This shows the executive that the seller has done their research and is genuinely interested in helping drive value for their business.
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2 years ago
20 minutes 34 seconds

Selling Saas
How HubSpot Helps Small Businesses Consolidate Disparate Tools with Michelle Benfer Part 2
In this episode of Selling SaaS, Michelle Benfer discusses the challenges tech founders face when it comes to implementing go-to-market strategies and integrating different systems. They explore the importance of having a unified platform like HubSpot and the resistance some founders have towards adopting new technology. Michelle explains how their sales approach varies depending on the company's stage and size. They emphasize the role of HubSpot in helping smaller businesses transition from disparate tools to a more mature CRM system. Michelle also emphasizes the importance of focusing on fewer things and excelling at them rather than attempting to do everything. They mention that in their role overseeing multiple teams, they have come to appreciate the value of simplicity and reducing clutter and noise. They stress the need to share best practices and successful strategies, so that others don't have to reinvent the wheel. By focusing on fewer things, they believe it allows for a more streamlined and efficient approach to business.
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2 years ago
20 minutes 6 seconds

Selling Saas
Exploring Sales Career Progression and Strategies for Product Growth with Michelle Benfer from HubSpot Part 1
In this episode of the Selling SaaS Podcast, host Duane Dufault interviews Michelle Benfer from HubSpot. Michelle shares her background and career progression at HubSpot, from overseeing the North America Small Business Sales Organization to her current role as SVP of Sales for the Americas. She also discusses the tremendous growth of HubSpot, from under half a billion in revenue to over two billion. This episode delves into the hiring process and emphasizes the importance of intellectual curiosity, coachability, resilience, and commitment to winning. Michelle explains that they thoroughly interview candidates to assess these qualities. One of the key questions they consistently ask is for candidates to share something they have recently learned, along with the process and reasons behind their learning. This helps them understand how candidates approach problem-solving and acquiring new knowledge.
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2 years ago
21 minutes 32 seconds

Selling Saas
In the SellingSaas Podcast (Formerly the Sales Leader Network) we break down the topics of Go To Market strategies, Revenue Acquisition, and my favorite topic of Sales Leadership. We have a few versions of the show where we have the traditional guest episode when I bring on someone who is an expert in one of the topics just mentioned, then there will episodes where I’ve been a guest on another show that I share on this show for you, and then there will be solo episodes from yours truly where I get extremely tactical with Sales and GTM.