Software Sales Tips by Matt Wolach
For SaaS founders, here’s one thing you need to know about your sales process: The software demo is the number one thing that leads you to success. Product demos are central to any software sales process. Poorly executed demos significantly slow down close rates. On the other hand, they can be very effective if done […]
If you want to sell a lot of software, you have to have an amazing discovery process, and you’ve got to know exactly what to ask and how to ask it. The most essential skill to help with closing deals and negotiation comes down to your first conversation. A great discovery call, typically the first […]
Many SaaS founders I’ve worked with carried out a different approach to their demos before they met me. Most of them would ask me how long should my demo take? Well, there’s definitely a right answer to this. Most of the time, people either do it too quickly, or they spend too long. One factor […]
The SaaS industry is getting crowded. More and more companies, great products, and amazing salespeople are in the zone. The competition is tough and it can be hard to differentiate yourself. You may think, there should be a lot of aspects to improve to sell differently. The truth is, you need to pay attention […]
In SaaS, every software leader has trouble staying focused at some point, but some find that distraction is a constant that gets in the way of productivity. When this happens, it may be a warning sign that it’s time to take a break and refresh your mind. So you must pay attention to how you […]
SaaS may be one of the most lucrative industries to venture into for many entrepreneurs, but selling it is just as hard, and very unique. It can be an outright burning of a dollar if your sales strategy isn’t what it should be. So, how does one jump on this rocketship with a dream exit […]
Selling without being pushy or obnoxious may be unchartered territory for some – especially startup founders with less experience than master closers. But here’s what I’m going to tell you: Pushing a sale will only make your prospects run away. And one of the greatest fears great entrepreneurs face when selling is being too pushy. […]
When you’re in discovery, your goal is to get to know your prospect’s pain and twist the knife on it. This may sound like a bad thing, but it’s not. It’s what will set you up for success. So you’ve got to get them to share their goals, what they’re trying to accomplish, what they’re […]
There’s something that I’ve seen a lot lately that software founders are doing, and I want to make sure you are not doing it because it is killing conversions. It is killing sales and preventing you from closing deals. Companies are making it hard to get a demo. This is a bit concerning- software […]
As you may have seen me say, startup founders, should do the sales in their company. There are so many benefits to it that it would be a huge miss not to do so. But when you do, there are some pitfalls that you must avoid, or else you’ll cost yourself a ton of time […]
When we talk about master closers in the industry of SaaS sales, aspiring salespeople quickly assume others got there because they were born that way. If you ask me, that’s not the case. People who you think might be excellent salespeople are very practiced. They know the techniques and the process that works. Don’t believe […]
Losing deals out of your funnel is one of the worst things that can happen. It can throw away your hard work with all of the potential clients. And most SaaS founders experience this. Recently I had the chance to talk to a software founder, and they have a similar struggle. But losing deals don’t […]
Today, we’re going to talk about why demos are bad. Too many times, we see a demo that doesn’t have structure and lacks completely – or it is not conducive to buyers. Another thing. Your demos may suck because they’re focused on your product. Knowing your product doesn’t always make a demo successful. In this […]
Reframing the way you sell isn’t always a bad thing. In fact, it may be the perfect time to change old ways and have a non-sleazy sales technique. Sales is a survival skill to help you get what you want. But first, you have to help other people get what they want. The first trait […]
Properly qualifying SaaS prospects is tough. It takes a lot of energy to identify new leads and move them through the qualification and discovery process. Sometimes, you may not discover a new lead is a poor fit until after you’ve spent hours on research and calls. If your sales team is struggling to close the […]
BANT is an old-fashioned, old-school sales discovery technique that must go and if you’re still using it, stop right now. One of the most popular ways to do discovery out there is BANT, which stands for Budget, Authority, Need, and Timing. Many people like using it, but we’re going to talk today about why you […]
SaaS has indeed become a lucrative business in recent times. Founders scale their software companies by closing a lot more deals a lot more quickly than they ever have before. And today, we’re going to talk about how you can sell software without actually selling. I know it sounds counterintuitive. You feel like, hey, I […]
Building a startup from scratch may feel like a roller coaster ride. But there are three ways you can eliminate the dips and see a lot more of the rises. To solve this roller coaster conundrum and avoid feeling high and sometimes low, you need to pay attention to detail. First of all, if you’re […]
In SaaS, we feel like our solution should have all the answers. So it’s understandable to think that when you’re running the show, you should have your best foot forward and make the soundest decisions. You are the expert, and you’re selling not just your brand but yourself and what you can do to make […]
It’s obvious that bad products will quickly disappear from the market. But what can be scary, is that even great SaaS products can be in danger. Eventually, your product gets to a point where you’re delighted with it. And maybe it’s the best product on the market. What happens during that time, though, is […]
As a startup in SaaS, your small business needs an optimized process and well-executed marketing strategy to attract leads. But in order to convert those leads into buyers, you need to spend time nurturing them. At the end of the day, there are countless competitors vying for the same leads you are. So, unless you’re […]