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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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.
The path to CRO is broken, here's how we fix it, with Sam Jacobs from Pavilion
Selling Saas
41 minutes 25 seconds
2 years ago
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.
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.