PayFit co-founder and CEO Firmin Zocchetto outlines the company's growth milestones since its 2015 launch during a presentation at SaaStr Europa.
Insight
Zocchetto: Outbound SDRs, not AEs, drive growth in sales-driven SaaS
“And it's not AEs, so people closing deals that are driving, you know, the figures, the growth, but it's the SDRs, and especially SDR outbound, which will you know, generate new leads on top of the leads that will be generated by marketing.”
Assertion Not checkable as stated
Zocchetto: Most SaaS companies suffer over 50% annual sales attrition
“As it is the case, unfortunately, in most SaaS companies, where we see a big attrition with salespeople. Sometimes more than 50% a year.”
Insight
Zocchetto: End-of-quarter celebrations matter as much as bonuses for sales teams
“The celebration that is happening at the end of the quarter for sales team is, like, almost as important, if not more important than the bonus a sales team will get.”
Insight
Zocchetto: SMB SaaS hits a ceiling without B2C-style brand awareness
“At the beginning, it may not be a problem because there are so many prospects out there that applying all good B to B marketing, reaching out with outbound can be great. But at some point, you reach a level where if you don't have the great brand awareness tha…”
Insight
Zocchetto: Automating payroll in France proves it can be automated anywhere
“I mean, if you can automate payroll in France, then you can automate payroll everywhere.”
Insight
Zocchetto: Scaling SMB SaaS solely by adding sales or marketing spend fails
“That's the basis of your of your growth engine, because at some point, if you think that you are going to grow at scale with just spending more euros on marketing or adding more salespeople in your team, you know, that, that can't scale, unfortunately.”