Professional Documents
Culture Documents
TEAM
Aleeze Azhar
Mehwish Shakeel
Abdullah Dawood
Wadiah Akbar
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Growth-Stage
Startup
Be the head of
sales
Commercially oriented
leader
Goal is to set sights on the right thing,
and to
build a big business.
S
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s
Bottom-up approach do not fully unlock, or discover/ take advantage of every feature/ value
of the product.
Sales function promotes the value of a product to an organization.
Importance of features can be demonstrated by the salespeople across the board- including criteria-
setting, pricing, and packaging- that unlocks the value of the product.
This results in greater penetration into the enterprise- higher product appreciation + more revenue
from a given customer.
Bottom-up adoption is not a bad
strategy.
The number of customers increases,
and the dollars per customer
correspondingly grow.
Product achieves broader adoption,
the dollar per customer tends to
flatten.
This shows that an individual user
assigns a fixed value to a given
product.
By combining a top-down and bottom-up approach by layering a formal sales
function yields the best results.
The revenue added, far exceeds the cost.
Creating a formal sales organization will help accelerate revenue and product
adoption, as well as result in more satisfied customers
The Optimal Structure For Your SaaS Sales
Team
The optimal sales team structure is one that is incremental = each sales rep brings in at least 5x
his or her total compensation.
If the average sales rep produces more than 5x the compensation she takes home, then:
A SaaS company cash-flow positive.
Able to hire as many representatives.
Sales will not be a stress center from a cash angle.
Marketing costs can be managed.
Sales Development Representatives (SDRs),
specialization, and account management
can all be funded.
“WORKS”
Sales doesn’t need to be a
cost center.
It can be, and for at least
most of the
life of your company should
be, a
profit center.
Using the pod to structure your sales
organization for maximum efficiency
A pod model for your sales team creates focused tight-knit groups, or “pods” that comprise team
members playing different roles.
Rather than having large teams, little pods of specialized roles are created, and each pod is
responsible for the entire journey of specific customers.
Pods are more modular and flexible than traditional sales teams.
Pods are more modular and flexible than traditional sales teams.
Success is measured by pod, each member of the sales force has a larger, more holistic view of the
Success is measured by pod, each member of the sales force has a larger, more holistic view of the
entire company.
entire company.
Pods build more meaningful connections between people who are working together.
Pods build more meaningful connections between people who are working together.
It’s perfect for mature startups trying to optimize existing sales resources to tap into new markets
It’s perfect for mature startups trying to optimize existing sales resources to tap into new markets
and verticals.
and verticals.
Once market has been established and have significant grip, organizing teams into pods creates a
Once market has been established and have significant grip, organizing teams into pods creates a
highly flexible, agile sales force that’s ready to meet a variety of challenges and jump on new
highly flexible, agile sales force that’s ready to meet a variety of challenges and jump on new
opportunities.
opportunities.
Aligning sales and product
The product must also be:
For a product to truly be considered Secure – features must be added thoughtfully so as to not
successful, it has to be: create new attack
Valuable – solve a real problem vectors.
people are willing to pay for. Scalable – every new feature must work for your largest
customers and future largest
Marketable – be attractive enough to
customers.
differentiate itself from competitors.
Reliable – business critical software can’t have features
Adoptable – have sufficient table- with bugs that go unresolved
stakes requirements for features such for years.
that the majority of the market can
adopt it. Usable – you can’t build features with no cohesive vision
that need layers of solution
Justifiable – demonstrate its value as consultants to walk every new customer through them.
being greater than its cost (time and
Sustainable – the footprint of the product can’t grow
money) to the customer.
exponentially to accommodate every new feature request.
Product teams that don’t understand the first list will never connect with sales.
Sales teams that don’t understand the second list will never connect with product.
Second, sales and product need a way to collaborate on the product roadmap.
Roadmap is a piece of paper with arguments and priority on it.
If your product team isn’t taking roadmap input from your sales team, you’re
not listening to the potential market.
You can go deeper in your current niche, but you’ll never
expand out of it, nor will you move upmarket
The sales acceleration formula for building a
sales team
Mark Roberge
Mark was the Chief Revenue Officer at HubSpot, a company that has created
tremendous success by perfecting the inbound marketing plus sales model.
The first employee at HubSpot and tasked with building the sales team, Mark
developed a structured interview to qualify candidates and correlated the
attributes of the best sales candidates.
Mark created a quantitative
candidate assessment.
Based on the linear regression
mentioned above, the scorecard
established hiring consistency and
enabled the team to grow
predictably.
Why your sales team needs to care
about more than quota?
Great salespeople care deeply about reaching and exceeding their own personal quota,
but they care about the company too.
They go out of their way to deliver customer feedback to product teams.
They’re dedicated to protecting your non-negotiables.
They’re fired up to help the team create best practices and scalable processes.
Selection from “Hiring for sales in a product-led world.”
They raise up fellow salespeople along the way and instinctively understand that the
whole is greater than the sum of the parts.
While it’s hard to directly attribute those things to helping hit quota, they’ll lead to a
better customer experience and a better product – which, ultimately, are easier to sell.
It’s a win-win
The one thing Jack Welch thinks
all salespeople need
Sales is a brutal profession. You literally get told “no” 99 times, and you have to keep coming
back and asking for more so you can get that one “yes” in 100.
“What are you passionate about?”
My job as a
leader is to take
that passion and
connect it to my
business so that
you can bring a
fraction of that
to the table when
you come work
for me.
Hire salespeople who can blend art and science
The value that you place on certain performance measures will vary,
but the idea is to create an environment that rewards urgency and
provides upside for over-performers.
Align compensation to how your buyer buys
Yeh heading mujhe samjh nai aye.please ap sub mein se kyo isse dekh ley.!
How to determine the base salary / variable split