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typesfast's profile
Ryan Petersen
Ryan Petersen
Ryan Petersen
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@typesfast

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Ryan PetersenVerified account

@typesfast

CEO of Flexport

Joined October 2011

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    Ryan Petersen‏Verified account @typesfast Aug 15

    Ryan Petersen Retweeted Jeremiah Grossman

    A public company SaaS CEO told me recently that a key part of his job for many many years has been keeping his enterprise sales team from removing the signup button from their web site.https://twitter.com/jeremiahg/status/1161730297479585792 …

    Ryan Petersen added,

    Jeremiah GrossmanVerified account @jeremiahg
    InfoSec is ~$127B industry, yet there’s no price tags on any vendor website. For some reason it’s easier to find out what a private plane costs than a ‘next-gen’ security product. Oh yah, and let’s not forget the lack of warranties.
    8:39 AM - 15 Aug 2019
    • 52 Retweets
    • 472 Likes
    • n عمران‎‎ k Phil Morettini Cjin Cheng Sid Ravikumar Andy Lyt_Seeker Daljeet Virdi Shardul Mohite Harsh Shah
    16 replies 52 retweets 472 likes
      1. Vaibhav Mallya‏ @mallyvai Aug 15
        Replying to @typesfast

        Every time I connect with a post-product-market-fit SaaS vendor, I use some variant of the following opener: "Great to meet. I'd like to learn about your tiers, their features, and prices. Over email, bad reception. We will make a decision by X date. Thanks!"

        0 replies 1 retweet 18 likes
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      1. New conversation
      2. Kumar‏ @datarade Aug 15
        Replying to @typesfast

        Marble floor pricing.

        1 reply 0 retweets 4 likes
      3. peter clark‏ @plc Aug 15
        Replying to @datarade @typesfast

        my two favourite things are asking enterprise sales people a) how much it costs in first or second call, b) how they decide how to price

        1 reply 1 retweet 8 likes
      4. Kumar‏ @datarade Aug 15
        Replying to @plc @typesfast

        savage and direct. Sometimes they try to size me up so I have an employee from another small company call in.

        1 reply 0 retweets 1 like
      5. 1 more reply
      1. Maxim Tarasiouk‏ @mtarasiouk Aug 15
        Replying to @typesfast

        Average field sales rep costs $500k a year. 80/20 rule w/field sales orgs where the 20% are bringing all the revenues + the sign up/free trial button.https://hbr.org/2006/07/the-sales-learning-curve …

        0 replies 1 retweet 8 likes
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      1. New conversation
      2. Fischer Black‏ @fischersblack Aug 15
        Replying to @typesfast @LibertyRPF

        Field sales teams forget that some customers prefer self-service or remote sales.

        1 reply 0 retweets 4 likes
      3. Liberty‏ @LibertyRPF Aug 15
        Replying to @fischersblack @typesfast

        I'm not sure it's because they forget or if they want to make themselves appear more indispensable.

        1 reply 0 retweets 4 likes
      4. Fischer Black‏ @fischersblack Aug 15
        Replying to @LibertyRPF @typesfast

        Don’t want to make generalizations but I suspect the field reps view self service as “missed sales” and an opportunity to retire quota.

        1 reply 0 retweets 4 likes
      5. Liberty‏ @LibertyRPF Aug 15
        Replying to @fischersblack @typesfast

        That's part of it too, I'm sure

        1 reply 0 retweets 1 like
      6. Fischer Black‏ @fischersblack Aug 15
        Replying to @LibertyRPF @typesfast

        Especially as quota targets for sales teams are increased YoY. Every $ counts✌️

        0 replies 0 retweets 0 likes
      7. End of conversation
      1. New conversation
      2. Cailen D'Sa‏ @cailen Aug 15
        Replying to @typesfast

        Sunset their variable compensation and up their equity. Problem solved!

        1 reply 0 retweets 3 likes
      3. Nick Osgood‏ @NickOsgood Aug 16
        Replying to @cailen @typesfast

        Equity unfortunately doesn’t pay rent in the short term :(

        0 replies 0 retweets 1 like
      4. End of conversation
      1. Pranav Piyush‏ @pranavpiyush Aug 15
        Replying to @typesfast

        I had the reverse of this at a company - couldn't even launch a sign up button... In this day and age!

        0 replies 0 retweets 4 likes
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      1. New conversation
      2. Maryana‏ @Msklo Aug 15
        Replying to @typesfast

        Rep point of view: if im giving any thought to competing with a sign up button, I either create no value or the company I’m with sees no value in me. Keep the button, I’ll be needed for different sales motions.

        1 reply 0 retweets 8 likes
      3. marc  🦏‏ @marcbienaime Aug 16
        Replying to @Msklo @typesfast

        Meaning growth.

        1 reply 0 retweets 0 likes
      4. Maryana‏ @Msklo Aug 16
        Replying to @marcbienaime @typesfast

        Correct, and creating value for both my customers and my company.

        0 replies 0 retweets 0 likes
      5. End of conversation
      1. New conversation
      2. Andrew Stepner‏ @andrewstepner Aug 15
        Replying to @typesfast

        Can you explain what you mean?

        1 reply 0 retweets 0 likes
      3. Feifan Zhou‏ @FeifanZ Aug 15
        Replying to @andrewstepner @typesfast

        A common SaaS sales “tactic” is to not have a “sign up” button on the website that allows people to set themselves up with the product; they would rather have everyone go through a contact form so their salespeople can run through their sales and on boarding process.

        2 replies 0 retweets 0 likes
      4. Feifan Zhou‏ @FeifanZ Aug 15
        Replying to @FeifanZ @andrewstepner @typesfast

        Since salespeople need to fill quotas and are often paid on commission, they would prefer to have everyone need to go through the touchpoint for the potential marginal increase in sales pipeline. This, of course, has negative effects as well.

        1 reply 0 retweets 3 likes
      5. Andrew Stepner‏ @andrewstepner Aug 15
        Replying to @FeifanZ @typesfast

        Ah I see. Thanks!

        0 replies 0 retweets 1 like
      6. End of conversation

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