SaaSy Talk Unfiltered: The Art of Scaling SaaS
Insights from Steven Bryerton, SVP, Sales at ZoomInfo
S01.E33
In this podcast, we'll dive into the key insights shared by Steven in the SaaSy Talk Unfiltered podcast episode. Steven's journey from a small sales team to a large organization of 400 reps provides valuable lessons on scaling and achieving success. We will explore the challenges faced during the growth process, the importance of specialization in sales, the role of segmentation, grading sales representatives, the art of negotiation and collaboration, and the future outlook for ZoomInfo.
Challenges and Learnings in Scaling the Organization
Steven highlights the challenges faced when scaling the organization from 4 reps to 400. He emphasizes the importance of not being afraid to make mistakes and the need for continuous iteration and measurement. One of the key learnings was the need for specialization within the sales team. Initially, they made the mistake of asking sales reps to handle both prospecting and closing, resulting in mediocre performance. By bifurcating roles and creating separate teams for prospecting and closing, they were able to improve efficiency and performance.
The Importance of Specialization in Sales
Steven emphasizes the importance of specialization in sales and the benefits it brings to the organization. By separating roles and focusing on specific tasks, sales reps can excel in their areas of expertise. This allows them to deliver better results and provide a higher level of service to customers. Steven highlights the advantage of having separate teams for new business acquisition and customer success, as it allows for a more focused approach and better outcomes in both areas.
The Role of Segmentation in Sales
Segmentation plays a crucial role in sales success. Steven explains how they have implemented segmentation within their organization, with different teams focusing on specific segments such as SMB, mid-market, and enterprise. This allows for better alignment and enables sales reps to specialize in their respective segments. By comparing performance within each segment, they can identify top performers and make data-driven decisions to optimize sales strategies.
Grading Sales Representatives and its Impact
Steven discusses the importance of grading sales representatives and how it impacts the organization. ZoomInfo uses a scorecard system to measure and stack rank account executives. The scorecard includes metrics such as ACV, ASP, win rates, and ACV per completed demo. This objective measurement allows for fair comparison and helps identify top performers. By grading sales representatives, the organization can make informed decisions on lead routing and resource allocation, maximizing the value of each opportunity.
The Art of Negotiation and Collaboration
Steven emphasizes the importance of data in sales performance and the role it plays in negotiation and collaboration. By capturing and analyzing data, ZoomInfo can measure the expected value of leads and compare it to actual performance. This allows for personalized coaching and helps identify areas for improvement. Steven highlights the importance of collaboration between sales and marketing teams, aligning on targets and working together to achieve common goals. By leveraging data and insights, the organization can make informed decisions and drive better outcomes.
Adapting to Changes in the B2B SaaS Selling Environment
Steven acknowledges the changes in the B2B SaaS selling environment, especially in the past year. He emphasizes the need to adapt and meet customers where they are. ZoomInfo has adjusted its packaging, pricing, and offers to provide value to customers at different stages. Steven highlights the importance of building a modern go-to-market system that leverages data, software, and automation to execute sales strategies effectively. By focusing on customer needs and delivering value, ZoomInfo aims to drive growth and success in the ever-changing market.
The Future of ZoomInfo
Looking ahead, Steven envisions a future where ZoomInfo continues to build on its success. The organization is focused on developing a revenue operating system that enables modern go-to-market strategies. By leveraging data, software, and automation, ZoomInfo aims to provide value to customers at every stage of their journey. Steven highlights the importance of aligning sales and marketing, leveraging data-driven insights, and continuously improving processes to drive growth and success.
Conclusion and Future Outlook
Steven's insights provide valuable lessons for organizations looking to scale and achieve success in the tech industry. By embracing specialization, leveraging data, and fostering collaboration, organizations can optimize their sales strategies and drive better outcomes. The future outlook for ZoomInfo is promising, with a focus on building a modern go-to-market system and delivering value to customers. As the market continues to evolve, organizations must adapt and innovate to stay ahead. With the right strategies and a customer-centric approach, success is within reach.
In conclusion, Steven's journey and insights serve as a guide for organizations navigating the challenges of scaling and achieving success in the tech industry. By embracing specialization, leveraging data, and fostering collaboration, organizations can optimize their sales strategies and drive better outcomes. The future outlook for ZoomInfo is promising, with a focus on building a modern go-to-market system and delivering value to customers. As the market continues to evolve, organizations must adapt and innovate to stay ahead. With the right strategies and a customer-centric approach, success is within reach.
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Disclaimer: The views and opinions expressed in this article are those of the author and do not necessarily reflect the official policy or position of any company mentioned.