SaaS - Enterprise & SMB B2B
2
Answers
Start-Up, SaaS, & E-Commerce Consulting. 2 exits.
If you direct message me I can help show you a simpler more efficient alternative that may be helpful :)
P&L, Go to Market,Operations, Sales, CEO, Mentor
To response to this question one needs to understand various other aspects of your offering , your market , your current team strengths, current stage of growth of the product as well as your current problems. I have been a SaaS sales leader for couple of products and have built and mentored these Sales Organisations. Let me know if I could help
Strategic thinker and communicator, author
Hi: It can be tough to focus on a market niche at first, especially when you believe in your solution. Yet your best results will come from focus--and you can expand later. Key considerations for you as you make your choice: * Where have you gotten the most customer validation for your platform? In what segment does your best customer reside? * Where are the market shortcomings? If there are already a number of SME options cluttering the market, why jump into that space first? * Where does your team have the most expertise? Less learning about the target market means more time to deliver what you've determined is in demand. If you wish to discuss, send me a PM through Clarity for 15 free minutes. Thanks, Kerby
Fractional CTO
Likely what you're really asking is how to do effective lead generation. Where "effective" means locating new clients at near zero cost who can pay you $1000s every month, week, day or hour. Simple solution. Get in front of groups of people with money. Simple way to do this. Join https://Meetup.com + attend many business + networking events. Watch + Learn how speakers, group organizers, attendees all "work the room". Attend a few of these groups + you'll be generating more leads each week than you can process in months or years.
Management Consulting
Most important of all: think of this from the point of view of your buyers. Make sure you are networking with your clients, rather than your competitors or peers. Learn what they want and when building your sales process don't ask yourself "what should we do next". Rather ask yourself: "what happens next for the prospect? What would they need from me?" Understand their buying journey to build your sales process.
technical career coach and business documentation
I worked as a career specialist in a Technical school for nine years. In most colleges and universities, career services directors do not make product decisions. The administrative wing, president, provost, and director of student services hold the budget. Navigating product sales to schools also requires a solid understanding of union politics. Frequently, career services staff are non-union, but decisions that affect school policy or work-flow processes always impact the union workers and if you don't get buy-in from their representatives selling a new system or service will be more difficult. In addition to connecting with Administration, you should do some research on the union side of the house. I am available for calls.
Clarity Expert
How to lower car insurance — in 4 steps Step 1: Find how much coverage you need Most U.S. states — besides New Hampshire and Virginia — require you to get car insurance as well as a certain amount of liability coverage you need. When it comes to the amount of liability that’s required, you’ll typically need to find coverage in three areas: Bodily injury (per person). This is the amount that is covered for each person who gets hurt during an accident. Bodily injury (total). The most an insurance company will cover for bodily injury per accident. Property damage (total). This does not include your own property. This amount only covers the damage sustained to the property of others. Though every state requires you to get a certain amount of liability coverage, the full amount of the coverage varies. Here’s a comprehensive list of car insurance minimum coverage requirements for each state (e.g., Alabama requires $25,000 for bodily injury per person). STATE BODILY INJURY (PER PERSON) BODILY INJURY (TOTAL) PROPERTY DAMAGE (TOTAL) AL $25,000 $50,000 $25,000 AK $50,000 $100,000 $25,000 AZ $15,000 $30,000 $10,000 AR $25,000 $50,000 $25,000 CA $15,000 $30,000 $5,000 CO $25,000 $50,000 $15,000 CT $20,000 $50,000 $25,000 DE $25,000 $50,000 $10,000 FL Not required Not required $10,000 GA $25,000 $50,000 $25,000 HI $20,000 $40,000 $10,000 ID $25,000 $50,000 $15,000 IL $25,000 $50,000 $20,000 IN $25,000 $50,000 $25,000 IA $20,000 $40,000 $15,000 KS $25,000 $50,000 $25,000 KY $25,000 $50,000 $25,000 LA $15,000 $30,000 $25,000 ME $50,000 $100,000 $25,000 MD $30,000 $60,000 $15,000 MA $20,000 $40,000 $5,000 MI $20,000 $40,000 $10,000 MN $30,000 $60,000 $10,000 MS $25,000 $50,000 $25,000 MO $25,000 $50,000 $20,000 MT $25,000 $50,000 $20,000 NE $25,000 $50,000 $25,000 NV $25,000 $50,000 $20,000 NH* $25,000 $50,000 $25,000 NJ $15,000 $30,000 $5,000 NM $25,000 $50,000 $10,000 NY $25,000 $50,000 $10,000 NC $30,000 $60,000 $25,000 ND $25,000 $50,000 $25,000 OH $25,000 $50,000 $25,000 OK $25,000 $50,000 $25,000 OR $25,000 $50,000 $20,000 PA $15,000 $30,000 $5,000 RI $25,000 $50,000 $25,000 SC $25,000 $50,000 $25,000 SD $25,000 $50,000 $25,000 TN $25,000 $50,000 $15,000 TX $30,000 $60,000 $25,000 UT $25,000 $65,000 $15,000 VT $25,000 $50,000 $10,000 VA** $25,000 $50,000 $20,000 WA $25,000 $50,000 $10,000 D.C. $25,000 $50,000 $10,000 WV $25,000 $50,000 $25,000 WI $25,000 $50,000 $10,000 WY $25,000 $50,000 $20,000 *(Coverage is optional but this is the minimum if you purchase it) **(Required if you choose to purchase coverage. If not, you must pay a $500 uninsured motorists fee) Other coverage options Aside from state requirements regarding liability, most car insurers will provide five other coverage options. Deciding which ones you want is a matter of personal preference and factors like how old your car is. The coverages are: Uninsured motorists. Some states require you to be insured to protect against uninsured motorists. This coverage helps you in the event that you get into an accident with someone who isn’t insured and can’t pay for your car repair and/or medical bills. Medical costs. If you’re injured in an accident, the insurance company will pay some or all of your medical bills (depending on the coverage and how much the bill is). Personal injury protection. Like uninsured motorists coverage, some states require you to get this as a minimum. This pays for any medical expenses or lost wages you might encounter due to a collision. Collision. This coverage typically protects your vehicle against collisions with other motorists or objects. Good if you’re prone to accidentally backing up into the mailbox. Comprehensive. This coverage tends to cover the whole gamut of things that might happen to your car such as hail, water, and fire damage; if it gets stolen; vandalism; or total destruction. I wouldn’t suggest getting this coverage if your car is already pretty old or isn’t worth much. As I discussed in my article on how much auto insurance you need, I highly suggest you get collision and comprehensive coverage as well. Along with liability insurance, you’ll be insured against the likeliest of events that will occur to you and your car. There’s even a good chance you’ll need those policies anyway if you’re leasing your vehicle. So consider your options and decide what you want out of your insurance coverage. Once you do that, you’ll be ready for step two. Step 2: Find your current plan If you don’t have your current plan in front of you, how can you know how to lower your car insurance? That’s why you need to find out what your current policy looks like. Go digging through the glove compartment for it, check your files, or call your insurance company. This is important information you can leverage when negotiating with your current insurance provider. At the very least, you need to know how much you’re paying and for what services. Here are the numbers of the most popular car insurance providers that you can use to call to find out your policy now. Geico: 1-800-861-8380 AAA: 1-888-883-8417 Allstate: 1-877-810-2920 Progressive: 1-800-776-4737 State Farm: 1-800-STATE-FARM (1-800-782-8332) By now you should have your policy in front of you. This includes what type of car insurance coverage you have as well as your deductibles and how much you’re paying in premiums. You’re now ready to begin comparing it with other car insurers. Step 3: Shop around To start, you can use a rate comparer tool such as this one to compare quotes from different insurers. I prefer talking to a rep on the phone, though, because they always tell me about other deals that the websites don’t offer. When consulting with a rep or looking up quotes online, be sure to find out how much exactly you’ll be paying in these two areas: Premiums. This is the price you’ll pay for your plan. Typically, insurers offer 6-month and 12-month policies, and provide options for payment plans including paying for coverage all at once, quarterly, or month by month. Deductibles. This is the portion you’ll pay out of pocket before your insurer pays the rest. Not many people know this but you can actually lower your premiums by opting for higher deductibles. According to a report from InsuranceQuotes.com, you can lower premiums by 9% by raising deductibles from $500 to $1,000. This is all a matter of personal preference though. If you’re a good driver and/or don’t typically drive your car often, opt for higher deductibles for lower premiums. If you’re accident prone, drive a lot, or have kids that plan to learn how to drive soon, definitely opt for the lower deductible. No matter the case, you should know exactly the coverage you want along with the limits for each. That way it makes everything much simpler to compare. To help keep everything organized, you can use an Excel or Google Spreadsheet. Here’s a good template to leverage during your search. Insurance Once you get a few solid quotes, compare them to what you’re currently paying. You’re going to be able to make a sound argument with your insurance rep as to why you should get a lower rate once you do. Which brings us to… Step 4: Lower your car insurance with this script Now it’s finally time to call up insurance reps — including the one you currently have — and negotiate an awesome deal with scripts. This is the meat of how to lower car insurance payments. Before you do that, though, there are two things to keep in mind when speaking to a representative. Stay polite — but firm. Don’t just call up the rep and scream, “GIVE ME LOWER CAR INSURANCE!!!!” (I’ve tried, it doesn’t end well.) You need to handle the negotiation with finesse and civility — even if the representative is short with you. Nothing throws a wrench into negotiations quite like pissing off the one person who can help you. This is not a win/lose situation. You can’t just make a demand and expect the person to give it to you. However, insurance companies are willing to offer discounts to make or keep high-value customers. Prepare to make your case as to why you’re such a good customer and you’ll see results. Keep those two things in mind when you call up the representative and I promise you, you’ll find a great deal. Renegotiate your current policy If you already have a car insurance policy but just want to negotiate for better rates, use the following script. ACME INSURANCE: Hello, Acme Insurance. How may I help you today? YOU: I’d like to negotiate a policy. [Other insurance company] is offering to insure me for $XXX less for [coverage]. I’d like to know if there’s a better deal from you, please. Wait for their response. Negotiating with this technique is much harder to do with car insurance companies than banks — but it is possible. If they’re stubborn and try to shoot you down, keep pressing at it. Don’t make it easy for them to say no. ACME INSURANCE: Sorry, but our rates are fixed at this time and we can’t change it due to [some BS excuse about why they can’t give you a lower rate]. YOU: Well, I’ve been a good driver for X years now and would love a lower rate. What else can you do to help me? ACME INSURANCE: Hmm, one second sir. I see that you’re a really good customer. I’m going to check with my supervisor. Can you hold for a second? [hold] I was able to check with my supervisor and can lower that policy by X%. Does that work? Getting a response like that is the best-case scenario. However, there might be the chance that they deny you a discount based on this tactic alone. If this happens, I suggest you do the following: Don’t stop until you get a yes. Persistence is integral in negotiations. If you keep at it and make a strong case, they’ll be backed into a position where they’ll want to give you what you want. Try again later. Like the Magic 8-Ball says, sometimes you just have to try again later. If the first car insurance rep keeps shutting you down, thank them for their time, hang up, and dial again for a new rep. This one might be a little more amenable to your suggestions. Refocus your negotiations. If they won’t give you a discount because their competitors are offering better rates, don’t worry. There are still other ways to get fantastic deals — which I’ll go into in the next section. This isn’t the only way to get a lower car insurance rate, though. By asking certain questions, you’ll be able to unlock deals you didn’t even know existed. Negotiate a new policy You might be searching for your first car insurance policy ever. Or you might be looking to see what’s better than your current one. No matter the case, it’s time to start digging deep and asking detailed questions to uncover the savings these companies have hidden from you. The majority of people won’t even ask questions like these, so reps will be caught off guard — giving you the advantage. First, you’re going to want to start the same as above. Here it is again. ACME INSURANCE: Hello, Acme Insurance. How may I help you today? YOU: I’d like to negotiate a policy. [Other insurance company] is offering to insure me for $XXX less for [coverage]. I’d like to know if there’s a better deal from you, please. If they shoot you down, remember you can always: Reiterate the fact that you want a better deal and keep persisting. Hang up the phone and call back to negotiate with a different rep. If one insurance company refuses to budge after three to five calls, change course and call a different one on your list. Rinse and repeat until you have a lower insurance policy. 10 scripts for lowering car insurance If you get the lower rate — or even if you don’t — you can refocus the negotiations and start asking for the hidden deals that many car insurers don’t tell you about. Here are 10 good scripts to ask to uncover those gems: “How much would I save if I insure my car and house with you?” Some insurers will discount you if you insure your house through them as well as your car. “What about renewal discounts? What can you offer me as a discount for long-term membership?” Reminding them of the fact that you’re looking to be a longtime customer goes a long way in ingratiating yourself to them. “Can I save money by prepaying my entire year up front?” Many insurers will offer huge policy discounts if you prepay for an entire year. “Let’s check my car. I know other firms offer discounts for features like anti-lock brakes. What about you?” Not many people realize this, but many car insurance companies will offer better premiums if your car has safety features such as anti-lock brakes, airbags, and four-wheel drive. “What kind of low-mileage discounts do you offer?” If you find yourself taking the bus or biking to work more than you ever drive, you might qualify for a low-mileage discount with car insurance companies. “If I enrolled in a defensive-driving course, what kind of discount would you offer? Oh, really? Which courses qualify?” Car insurance companies want you to be a safe driver. That’s why some are willing to discount you if you take a course aimed at making you one. “What about discounts for my employer? (Tell them the specific name of your employer.)” Some employers partner with car insurance companies in order to get great rates for their employees. Check to see if your company does this. “Some insurance companies offer discounts for low-risk occupations (engineers). What kind of competitive rates do you offer?” Insurance companies take a look at many things when it comes to determining your rate — including your employment. After all, a NASCAR driver is probably going to have higher rates than a CPA. “Am I paying for roadside assistance? What other additional benefits am I paying for?” Many times, you don’t need certain benefits such as roadside assistance (if you’re in AAA, you already have it). In fact, many credit cards offer roadside assistance as well. Getting rid of these “benefits” could give you a good discount. “Can you walk me through the deductible changes I could make to save money?” Deductibles are what you pay before your insurance policy kicks in. By requesting higher deductibles, you can lower your costs substantially. For example, increasing your deductible from $200 to $500 could reduce your collision and comprehensive coverage cost by 15 to 30%. Going to a $1,000 deductible can save you more than 40%. Before choosing a higher deductible, be sure you have enough money set aside to pay it if you have a claim. Learning how to lower your car insurance seems like a lot of work — and it is. But this is the work that 99.9999% of people out there won’t do, which means your returns can be substantial if you do them. Try some of these tactics out this week and let me know what you find in the comments. Beyond car insurance negotiations If you couldn’t tell already, I LOVE negotiations — mostly because I got it from my parents. I remember my dad once dragged me with him as he spent an entire week negotiating at a dealership on the price of a car. After many days of back and forth with our salesperson, they finally reached a price they could agree on. BUT as he was literally about to sign the contract, he asked the dealership to throw in some extra floor mats. They said no. And he walked away. An entire week’s worth of bargaining them down to an incredibly fair price, only to walk away when they didn’t give him something he could have bought for less than 50 bucks at Target. What’s my point? Two things: My mom and dad are incredibly Indian. You have to be stubborn to be a good negotiator. I’m a big believer that negotiations can open up HUGE savings for you. That’s why I want to give you something that’ll help you save and earn more money through negotiations and other proven systems: The Ultimate Guide to Personal Finance. The money you save on lowering your car insurance is great, but it’s small compared to everything you can save when you optimize your personal finances.
Brand Growth Pro, Project Management
The key skill sets are determined by whom you are targeting for training. Customer acquisition channels will also be determined by whom you are targeting.
Clarity Expert
I actually have a lot of favorite apps. One of the most useful ones that I have used all the university courses is buy custom essays online here https://www.livepaperhelp.com/pay-for-essay.html. Great if you have paperwork problems. Try it!
Clarity Expert
The purpose of localization during translation is to adapt your text to the needs of a particular language or culture. After a document is localized is should have the “look-and-feel” of the target language. It should appear that the information was actually written or developed within the local culture. Consider the following translation of a document from Japanese to English. You want your document to meet all of the rules of the language, the culture, and the region. Without more information, however, this is not possible. The English language is too vast. Some machine translators have accounted for language variants, as have some CAT systems, but the majority of computers simply translate to “English”. Sometimes there is a choice of British English instead of American English, but even this is not universal. The same is true for Portuguese, where European and Brazilian Portuguese have any number of differences. In Spanish, there are many variations in the language, and not all countries follow the rules of Castillian Spanish within their official language. Even within Spain there are distinct language groups such as Catalan and Basque (which is actually nothing like Spanish). The Spanish of the Canary Islands has many Portuguese influences, Latin American and Caribbean Spanish are both close to Castillian Spanish, but still different than each other. Argentina and Uraguay speak a variant that is almost closer to Italian than Spanish. While there are dozens of Arabic dialects, and Chinese dialects number in the hundreds, all official documents in these two languages are written in Literary Arabic and Mandarin, respectively. This makes translation to and from these languages much easier. When selecting a translation service provider, it is important to look beyond the direct language pairs listed on the website and ask questions about the ability of their translators to localize your documents when the source language has distinct variations. An American may speak English, but it would be almost impossible for them to translate a document into a Scottish dialect
Children's book author and editor
Right now there are a ton of educational sites, but I think the way to build an engaging community for kids online is to add relevant content, blog posts and games, tons of games which parents can print.
Medical Doctor,Avicenna Medical Company
website where students can share their knowledge/opinions
Founder @ MotivLeads - Paid Media Pro
Yes, it is possible to sell t-shirts through Instagram direct messages (DMs). I'd recommend using an online payment processor such as Stripe (https://stripe.com/), so you can accept orders and track your revenue. As your business grows, consider using an e-commerce platform like Shopify (https://shopify.com), so you can reach more people.
Strategist. Speaker. Coach. Leadership Expert.
If you have something that outperforms SEO or PPC for generating sales, then you have something special on your hands. SEO, Email Marketing, and Paid Search generally dominate online marketing as it relates to driving sales. This is true across most, but not all verticals. It is generally the case for eCommerce although social media can sometimes be more effective in certain categories. Since this is well-known among eCommerce marketers, the best chance you have to validate your bold claim is to show bold results. Case Studies and testimonials will open the door for you. If ROI is 100% trackable, then this is the metric that you should focus on almost entirely. From there, I'd suggest that you do two things: 1. Being a direct sales campaign focused on your target audience of ecommerce marketers. 2. Utilize your own platform to generate additional sales. While you will likely not replace SEO or PPC, you could become a valuable addition to an eCommerce company's marketing mix. Let me know if you're interested in discussing this further.
Sales is my life!!
Contact a local publisher. I have done this before when I had a good idea for a book one time. Yellow pages or Google search then make the call. Good luck!
Wordpress developer with 10+ years of experience
It really depends on your relationship with this person, which I didn't think you mention. Do you know him and trust him? If you trust him that's fine. The only issue I see is the time zone difference, you'll just have to work it out between the two of you.
Entrepreneur
I have a link to a free course which should be extremely useful. I often refer my clients to enroll https://www.udemy.com/wordpress-basics-how-to-manage-your-website/
Entrepreneur
Not necessarily I would think that is dependent upon how closely your product will be woven into the routine functions of the business and which areas of real estate it will apply.
Strategic thinker and communicator, author
Hi. Great you have an opportunity to meet with an interested investor so early in the game. Your initial meeting will likely not result in a "yes" or "no," so view it as an information sharing session for both you. Given that, you should: * present the market need you're addressing * convey your competence and expertise * stress the uniqueness of your venture and the product * offer well-reasoned financial projections on revenues and profits for the next three years--ideally a good pro forma * explain what $ you need and what you plan to do with that $ * propose what the $ will get the investor (e.g. equity, debt note) and the structure around what that looks like (e.g. share of the company, interest rate, conversion opportunity) In turn, you should learn the following: * the investor's sophistication in investing and their understanding of risk * the investor's skillset and willingness to lend a hand in those areas if needed * connections that the investor is willing to make * a sense of why they're interested in investing If you wish to discuss, send me a PM through Clarity for 15 free minutes. Thanks, Kerby
Business Transformer and Shepherd
ROAS or ROAS per customer makes a big difference, I normally look at the latter and compare to the total profit made. You can further analysis using ROAS per sq meter (floor area) and study the patterns of the customers and floor areas. Therefore using only a one-sided KPI not only not useful, but it can also be very dangerous. For your question 2 - google for the answer focus on statistical information.
Increase sales, profits, and market share
It's a great idea, especially if the bigger company has now made it bureaucratic, or complex, and users miss the days when it was a small, stand-alone site. Also, since you were a passionate user, you probably know a few small ways to improve the site. Large companies that buy small businesses have a bad track record for continuing innovation of the acquired product.
International Tax Attorney and U.S. CPA
Issuing stock options to employees in a private closely held company can be a complicated matter, from both a legal and tax perspective. The exercise price per share should definitely not be an arbitrary number. It should be the fair market value of the shares on the day the stock options are granted to the employee. The IRS has very strict rules about setting exercise prices for employee stock options, and failure to comply can result in severe tax consequences. For non-qualified stock options, there are no immediate tax implications for the grant of options to the employee; however, when the employee does exercise the options in the future, the spread between the exercise price and the fair value of the shares at that time is reported as taxable income to the employee, which is another reason why it's important to be mindful of the exercise price when drafting these agreements. The IRS will generally require a valuation report (IRC Section 409A Report) to support the exercise price of the options. The vast majority of startups use an independent appraisal to prepare the 409A report. This also provides you some audit protection from the IRS, because they generally fall within the 409A safe harbor rules.
Full stack growth marketer for SaaS
Niche down! Find a way to appeal to a certain demographic. You can't compete with Messenger or Whatsapp when it comes to their reach. But you can compete on features or how you position your product. Add features to your product that the bigger products don't have. it could be something like better tools for managing a group chat, or tighter integration with a software product that your target demographic would use. The choice of the platform, as well the launch strategy would then hinge on the user demographic you are targeting.
Strategist. Speaker. Coach. Leadership Expert.
I'll give you some generalized advice from what you've provided but first I need to explain some of the reasons why this is tough for anyone to answer... First, without knowing how many customers you already have it's tough to strategize a 100% increase. If you have 1 customer, it's different than 100,000. Second, we need to know how long it took you to acquire the customers you have. A 100% increase could be substantial and if it took you 5 years to get 50,000 clients, it's unlikely that you'll get another 50,000 in 3 months. Third, without knowing what you are spending on SEO, Adwords and remarketing and subsequently what you're able to spend additionally, it's difficult to advise you. For instance, if you have a $1,000/mo ad budget I might advise one thing, whereas if you have millions of dollars to spend, I might advise something else. Fourth, and finally, for now, without knowing your current and target CPA (Cost Per Acquisition), it's difficult to advise you on what new strategies or tactics to introduce. All that said, I'd start by running a test remarketing campaign across every social channel that allows it. This will mirror your adwords retargeting efforts by re-engaging people who are you've already had an interaction with. IT should make your SEO and PPC efforts more effective. Next, I'd make sure you truly understand the reasons why your current clients chose you and ensure that your marketing message reflects those attributes. After that, I'd create some awareness advertising campaigns on social media, with the client-informed marketing positioning, targeted toward a lookalike audience of your current customers. Upload an email list of current customers and create a lookalike audience. Show them videos introducing yourself and then run a remarketing campaign to video viewers. Finally, a highly targeted direct outreach campaign on Linkedin featuring case studies of the value you bring to your existing clients is never a bad way to work on bringing in new sales. Let me know if you'd like to discuss this further on Clarity.
International Tax Attorney and U.S. CPA
If you are a U.S. citizen and already have an SSN, you are not eligible to apply for a separate ITIN. When you register a new business for an EIN, the person completing the application is the responsible party for the LLC's EIN application. The responsible party can be either an individual or an existing business. As you've discovered, if you are personally applying for the EIN as the sole member of the LLC, you will have to provide your own SSN. Some new businesses opt to appoint an existing business as the responsible party. The existing business can complete the EIN application for the new LLC by providing its legal entity name and EIN. If you're concerned about the IRS having your SSN associated with the LLC, I would suggest this is a moot issue. The LLC's profits and losses are eventually going to be reported on your personal income tax return each year, so the IRS will know that you are the owner. Also, if you plan to open a bank account or apply for a credit card through the LLC, banks and credit card companies will generally always require an SSN from a responsible party. Banks are hesitant to open accounts and provide credit unless your personal information accompanies the application.