Mark Velthuis, VP of APJ at Amplitude, explains to a SaaStr audience member how freemium adoption by grassroots teams creates leverage for enterprise sales reps.
“But if you then follow up and see that usage, and then follow up with the sales team at the CFO level, You've got a story to tell, because you know that half of the team is already interacting with your software and getting value from it, and now you can start talking about potentially a bigger deal size if they were not already paying in some shape or form.”
quote is from the automated transcript, cleaned for reading:
filler sounds and stutters are removed, nothing is rephrased. names can be misheard
(the analysis reads context, assessments check outside sources). how →
More from Mark Velthuis
Insight
Velthuis: Pure PLG is not realistic for large enterprise deals
“PLG can solve for a whole raft of use cases, but for the large enterprise opportunities, it's gonna be really tough to work with PLG. So pure PLG is not realistic in those scenarios.”
Mark VelthuisMar 10, 2023▶ 7:33The Playbook to Blending Product-Led Growth with Sales-Led Growth: Amplitude VP of APJ Mark Velthuis
Insight
Velthuis: Freemium Beats Time-Bound Free Trials for Software Adoption
“My recommendation is, is that you offer a freemium. A free trial is time bound. I don't know if you've experienced, but I certainly have. When you download something, you register, you play with it once. If the business then takes over different priorities, yo…”
Mark VelthuisMar 10, 2023▶ 14:16The Playbook to Blending Product-Led Growth with Sales-Led Growth: Amplitude VP of APJ Mark Velthuis
PredictionNot checkable as stated
Velthuis: The number of digital products will double by end of 2023
“We actually think that by the end of 20, 23 we'll double the amount of digital products out there in the market.”
Mark VelthuisMar 10, 2023▶ 3:21The Playbook to Blending Product-Led Growth with Sales-Led Growth: Amplitude VP of APJ Mark Velthuis
AssertionNot checkable as stated
Amplitude Tripled Lead-to-Pipeline Conversion Rate via Product-Led Sales
“As a result of product-led sales, we have tripled our lead to pipeline conversion rate. So that means that our sales team is three times more effective in closing a product-led opportunity versus your traditional MQLs or hand raises.”
Mark VelthuisMar 10, 2023▶ 8:40The Playbook to Blending Product-Led Growth with Sales-Led Growth: Amplitude VP of APJ Mark Velthuis
Insight
Velthuis: Software Signups Should Be Entirely Self-Serve Without Sales Reps
“My advice is to keep it self-serve, simple, fast, free, frictionless you don't want any salespeople or BDRs, ah, involved when, ah, people trying to sign up for your, ah, for your piece of software.”
Mark VelthuisMar 10, 2023▶ 15:24The Playbook to Blending Product-Led Growth with Sales-Led Growth: Amplitude VP of APJ Mark Velthuis
Insight
Velthuis: Product-led sales accelerates deals instead of cannibalizing sales pipeline
“It doesn't cannibalize, ah, the sales. It actually frees up the sales team to go after those larger and more complicated deals. And frankly speaking, if you think of an OTE, To ACV or ARR ratio, you're using your sales capacity, your CAC, your cost of acquisit…”
Mark VelthuisMar 10, 2023▶ 20:41The Playbook to Blending Product-Led Growth with Sales-Led Growth: Amplitude VP of APJ Mark Velthuis
Made with StarZero
Turn any episode into a week of clips.
This entire site, over 400 episodes transcribed, diarized, checked and made playable,
runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the
moments worth sharing, cuts them, captions them, and reframes them for every feed.
We use essential cookies to make the site work. With your permission we
also use analytics cookies (Google Analytics and Mixpanel) to understand
usage and improve StarZero. See our Cookie Policy.