Liz Pearce, CEO of LiquidPlanner, discusses the necessity of dedicating resources to initial user activation versus building requested features.
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“If you have a B to B application, you start accumulating surface area in the product, you start fielding requests for new functionality that your customers want or your prospects want. And it's very tempting to, you know, follow the latest bright, shiny object. And if you aren't simultaneously Allocating resources to figuring out that, you know, first in-app experience or what that thing is that will get a customer over the hump. You know, you're probably doing a disservice to your business.”
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More from Liz Pearce
AssertionNot checkable as stated
Pearce: LiquidPlanner's primary competitor remains Microsoft Project
“It's still Microsoft Project, ironically.”
Liz PearceOct 1, 2016▶ 14:06EP 434: Top SaaS Planning Tool Hits $600k in MRR, 1800 Customers, $13M Raised, Growing Fast With CEO Liz Pearce
AssertionNot checkable as stated
LiquidPlanner average ACV is around $10,000
“It's, I mean, it's still around that, that amount, I would say.”
LiquidPlanner customer count remains steady at roughly 1,800 organizations
“Yeah, we're still around that mark because we're kind of, you know, we're starting to see more customers with more users as the functionality improves you know, we kind of see the smaller ones maybe going to task management solutions versus You know, really in…”
Paid channels generate 40% to 45% of LiquidPlanner leads
“I would say about 40, 40 to 45% of our leads are paid, you know, direct paid leads where we're working in different paid channels and then the rest are all organic.”
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