Terminus

6 statements across 1 episodes · 4 bullish · 0 bearish · 1 people on the record · first statement Feb 26, 2021 by Tim Kopp · said 16 times in 4 episodes since 2021 · across every show →

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brought up most by Tim Kopp (13), Vidya Peters (2), Jason Lemkin (1)

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Everything said about Terminus, oldest first

Feb 26, 2021 neutral
Disclosure
Kopp: A Quarter of Terminus Is Dedicated to Account Support
“40 to 50 people who are part of our company, really about a quarter of our company is dedicated to this function and making it work now.”
Tim Kopp Feb 26, 2021 ▶ 5:23 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
Feb 26, 2021 positive
Disclosure
Terminus had its CPO lead customer success for six months
“In fact, the person is our chief product officer. I had him go and lead our customer success team for six months to understand and have empathy for our customers, for what they're doing to really embrace that, to be able to make better trade-offs.”
Tim Kopp Feb 26, 2021 ▶ 18:57 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
Feb 26, 2021 positive
Assertion Not checkable as stated
Kopp: Terminus Boosted Net Retention Rate by 40 Points in One Year
“We move NRR, our 40 points in a year, which is pretty remarkable.”
Tim Kopp Feb 26, 2021 ▶ 0:40 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
Feb 26, 2021 positive
Insight
Kopp: Retention and Acquisition Must Report to the Same Leader
“My view is that retention and acquisition, but both should sit under the same leader. Why would you go about acquiring customers that you can't retain? The incentives, incentive alignment, everything should tie together.”
Tim Kopp Feb 26, 2021 ▶ 4:36 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
Feb 26, 2021 positive
Disclosure
Kopp: Terminus shifted significant marketing budget to customer-facing discussions
“I shifted a significant amount of resources into customers and to making sure that we did the proper level of frankly, just like getting marketer to marketer discussions happening and we embrace the mindset of no selling, but just hands-on marketer to marketer…”
Tim Kopp Feb 26, 2021 ▶ 14:53 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
Feb 26, 2021
Disclosure
Terminus shifted CSM compensation from gross dollar to logo retention
“We changed CSM compensation to go from gross dollar retention to logo retention. So even if that meant that we had to right size an account, we always wanted to do what was right for the customer.”
Tim Kopp Feb 26, 2021 ▶ 7:16 The Playbook to Boosting Net Retention (Quickly) with Terminus's CEO | SaaStr Software Community
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