Talent Is Overrated
In this episode of Recur Now, the lessons we can learn from Kobe Bryant's insane work ethic.
Read MoreBIG NEWS: Paddle acquires ProfitWell to "do it for you"
Recur 2019 is over, but the journey toward subscription truth is not.
We gathered in Boston to discuss all things subscription—kicking off with our Pricing and Monetization Workshop. Our team of expert pricing strategists broke down the most important aspects of strategizing your pricing.
Our hallmark conference followed, featuring insights and inspiration from some of the brightest in the subscription space.
Patrick Campbell, Co Founder and CEO of ProfitWell, along with Neel Desai, ProfitWell Product Manager, delivered a piece of subscription truth and discussed the future of automation. Patrick went through the history of SaaS, and Neel broke down some of our latest innovations.
We’re kicking off #Recur2019 with our CEO @Patticus and Product Manager @neeldesai23. Tune in live below ⬇️ https://t.co/Zxj8JpmhOj
— ProfitWell (@ProfitWell) December 12, 2019
April Dunford, author of Obviously Awesome, mentor, and startup executive, talked about positioning for growth and how to make your market category work for you. April went deep on choosing the right channel in a crowded marketing space.
The marketing channel space is crowded, we need to smart and chose the right channel to market with. #Recur2019— ProfitWell (@ProfitWell) December 12, 2019
Christopher O’Donnell, SVP of Product at HubSpot, captivated the audience with discussions on the roadmap toward becoming a truly product-led growth company. He dove into why great products are bought and not sold—a “bought” product means customers adopt your product before purchasing.
"Nobody benefits from mis-set expectations"@markitecht
Example:
Sign up for this free account...
Enter you CC information here.#Recur2019
— ProfitWell (@ProfitWell) December 12, 2019
Nick Mehta, CEO of Gainsight, and his colleague, Kate Peter dropped knowledge on how to drive customer success across SaaS businesses. Customer success is the third-fastest growing profession. Nick and Kate broke down a key framework for companies to follow with customer success.
CEO of Gainsight, @nrmehta and his colleague, Kate Peter, are live at #Recur2019. Tune in below for real-time action. https://t.co/cPOxBYkI2c
— ProfitWell (@ProfitWell) December 12, 2019
Jeremey Donovan, SVP of Sales Strategy at SalesLoft—an expert in data-driven prospecting—imparted wisdom on building a pipeline with a facts-first approach. Some key takeaways include personalizing your outreach, keeping subject lines and emails short, and A/B testing to optimize.
Takeaways from @SpeakingSherpa: Personalize your outreach, keep your subject lines and emails short, 26-50 words in an email can create a higher reply rate, A/B test to optimize.#Recur2019
— ProfitWell (@ProfitWell) December 12, 2019
Michelle Huff, CMO of UserTesting, is all about the human connection. She said companies are dropping the ball when it comes to listening to customers, resulting in a lack of empathy. Michelle said we can better empathize with customers through building personas, collaborating with your team and customers, and using data to inform decisions.
We're building all these online products, electronic kiosks, automating everyday things.
But sadly, we are losing our human connection with customers.@michelle_huff
#Recur2019
— ProfitWell (@ProfitWell) December 12, 2019
David Cancel, CEO of Drift, believes a new wave of companies are rewriting the rules. His talk at Recur 2019 dove into why. He said friction used to be normal for companies, but now, people expect a frictionless experience. You can do this by creating a consumer-level customer experience.
"It takes too many steps to finally talk to a person.
Most products are built the old way of doing business. The multi-step process of nurturing a prospect, sending out multiple emails, scheduling a call. Then who knows if that call would even happen."@Dcancel #Recur2019
— ProfitWell (@ProfitWell) December 12, 2019
Chathri Ali, COO of ReCharge Payment, has built a thriving remote work culture. She spoke about how remote work can be a catalyst to scaling a worldwide team. Some tips for scaling your first remote company: operational excellence, clear job descriptions, and transparency throughout the interview process.
How does @ReChargePayment scale their remote-first company?
You need to have operational excellence. Clear job descriptions. Transparency throughout the entire interview process. Does a candidate's values lineup with the company values?
— ProfitWell (@ProfitWell) December 12, 2019
Chris Savage, CEO and Co-Founder of Wistia, broke down brand affinity and why shows are the future of marketing. He said people no longer trust ads; they want to be entertained as they learn. His prediction? Every business will someday build a studio.
Now @csavage has the floor. Chris Savage is the CEO and Co-Founder of video marketing tool @wistia. He's breaking down building brand affinity and why shows are the future of marketing. https://t.co/YPqGdVjBDR
— ProfitWell (@ProfitWell) December 12, 2019
Dan Martell, founder of SaaS Academy answered why it’s so hard to set, hit, and identify targets. He unpacked the core metrics used to measure performance and accelerate growth. Four principles Dan said you need to consider: forecast targets, funnel metrics, assign ownership, and measure actuals.
@danmartell says asking the people who are accountable for weekly numbers is the best way to stay on top of hitting your target.#Recur2019
— ProfitWell (@ProfitWell) December 12, 2019
And our own Co Founder and CEO, Patrick Campbell, rounded the day off with insight on leverage and truth. He spoke about his own journey starting ProfitWell, and how he came out on top after beating cancer twice.
We're rounding out the day with @Patticus spitting some words of wisdom. pic.twitter.com/OmJvKurxxK
— ProfitWell (@ProfitWell) December 12, 2019
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