There Is More Service In Most SaaS Businesses Than They Let On

by | Apr 21, 2022

There is more Service in most SaaS product businesses than they let on.

The general baseline for B2B SaaS companies is that at least 80% of revenues are from software, less than 20% from paid services.

That doesn’t count unpaid services.

People powered-service in onboarding and ongoing customer success almost always does these things:

  • gets customers up and running faster
  • keeps customers longer (reduced churn)
  • increases usage and expands users
  • hears customer requirements more clearly

People-powered sales generally improves conversion rates too, if your price point can afford it.

Greg Head posted this on LinkedIn on April 21, 2022.

Check out the comments and join the discussion on LinkedIn.

Related Posts

11 Business Laws that Won’t Change When AI Takes Over

Here are 11 things that will not change much in a software business when truly transformative AI superpowers are unleashed. These laws of nature have existed for many years, well before we agreed on their names and usefulness. 1) PMF - ...

Stop Hiring to Solve Big Problems You Don’t Understand Yet

Most new founders have it backwards, believing you hire people to solve the big problems in your business. But it rarely works to hire someone to solve a complicated problem you don’t understand well yet. You need to understand it well ...

Vertical SaaS Investor Dave Yuan on Becoming a Control Point

AI can strengthen your established and practical SaaS business, even in your slower-moving vertical market. It's not all about about AI-first...yet. Maybe you brushed off AI tech and ignored it. You've got plenty to do in your SaaS business ...
No results found.