In product growth hacking to increase revenue

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Produced by Customer Success Summit 2014 Customer Success Summit 2014 In-product growth hacking to increase revenue Harpreet Singh Senior Director, Product Management, CloudBees @singh_harpreet [email protected]

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Customer Success Play by Harpreet Singh, Senior Director of Product Management at CloudBees at the 2014 Customer Success Summit.

Transcript of In product growth hacking to increase revenue

Page 1: In product growth hacking to increase revenue

Produced by Customer Success Summit 2014

Customer Success Summit 2014

In-product growth hacking to increase revenue Harpreet Singh Senior Director, Product Management, CloudBees @singh_harpreet [email protected]

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•  #1 Continuous Delivery PaaS •  Global startup:

–  Aus, NZ, France, Switzerland, Netherlands, Belgium, Ireland, US (MA, VA, TX, IL, WA, CA)

•  The most fun place I have ever worked J

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What led me to Customer Success

•  Setup GlassFish monetization – Sun’s application server

•  Customer Success

–  “People like being helped and not sold to”

•  @CloudBees have setup, managed the Jenkins biz establishing it from 0 -> multi-million

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–  improve and fine-tune what I’m offering?

–  connect more intelligently with my users?

–  help prospects succeed on the platform?

–  convert free users to paying customers?

How can I…

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When my customers are…

under  immense  -me  to  market  pressures  

smart  developers,  focused  on  delivering  cool  technologies  

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Fairly  sta*c  

customer  lists  

Lifecycle Marketing in the Packaged Software World

Lead  

Nurturing  

Considera*on  

Sale  

Post  Sale  

They  no-ced  us!  

This  is  why  we  are  special  

Seems  like  they  might  buy  

Sold!  

Upsell!  

Most  systems  in  house:  Email  marke-ng,  customer  lists  

Marke*ng  

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Lifecycle Marketing in the Cloud Era (Freemium Model)

Lead  

Nurturing  

Considera*on  

Free  Tier  

Base  Tier  

Add  ons  

Enterprise  Tier  

Post  Sale  

Most  systems  external:  Hosted,  best-­‐of-­‐breed  services  

Users  can  move  freely  up    and  down  the  -ers  

Evangelist    

“Growth    Hacker”  

 

Customer  Success  Manager  

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Short  cycle,  as  users    can  try  the  free  -er  and  make  the  determina-on  on    product  feasibility  themselves  

Marke*ng  

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Lessons Learned: Fail fast

•  Lesson #1 –  Monitor everything – data, data, data…

•  Lesson #2 –

–  Health-based metrics. Flag and address dis-engagements real time

•  Lesson #3 –

–  Activity-based Metrics: Hypothesis testing & fail fast

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Subscribed to a service •  Jenkins •  RUN@cloud (Deployment

PaaS) •  Forge (Git, SVN) •  DB service •  Partner service

–  MongoHQ –  NewRelic –  PaperTrail –  …

Performed an action •  Web UI login •  Jenkins

–  Created a Job, Installed a plugin, Ran a job…

•  Deployment PaaS –  Deployed an app, restarted

app, app stopped, app hibernated…

•  Others –  Canceled account, added a

paid DB, added a user

Monitor everything Play: Sensors everywhere in the product

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•  Time and activity based

•  Grade users based on risk profile

•  Separate onboarding from established users

•  Offer hands-on help for established users

Health-based metrics Play: Flag and address dis-engagements real time

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Green  

Sign-­‐Up  

Yellow  

Red  

Lost  

Use?  

Use?  

Use?  

1  wk  

2  wks  

3  wks  

4  wks  

Time  

Onboarding  

Yellow  

Red  

Lost  

Use?  

Use?  

Established  

Green  

Use?  Y  

Y  

Y  

N  

N  

N  

N  

N  

N  

Y  

Y  

Y  

Convert  

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•  Track number and types of activity over time

–  Scale and adjust “smart” communication over time

•  Users can become inactive and then reactivate

•  Technical, not sales communication

Green  

Paid  

Yellow  

Alarm  Bells  

Lost  

Use?  

Use?  

Use?  

1  wk  

2  wks  

3  wks  

4  wks  

Time  

Paying  

Y  

Y  

Y  

N  

N  

N  

Health-based metrics Play: Flag and address dis-engagements real time

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•  Popularity of Play! –  More articles here –  Reach out to the

community –  Better monitoring –  …

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Play2  

Java  EE6  WP  

Hibernate+Tomcat  

Spring+Hibernate  CF  

Grails  PetClinic  CF  

Node.js  

Glassfish  

AngularJS  

Java  GAE  

Ac*vi*  Explorer  

Sencha+Clojure  

Facebook  

Backbone+JAX-­‐RS  

Scala+LiU  

Java  Sauce  

Clojure/Compojure  

Java  EE6  Sauce  

Activity-based metrics Play: Hypothesis testing and fail fast

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Impact of Developer Success Engineers

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Established  respond  2:1  over  onboarding  

Insight into behavior with the pre-revenue funnel

30%  on-­‐boarders  @  Risk  

10%  are  sales  opportuni-es  30%  of  paid  customers  were  helped  by  developer  success  engineers  just  before  they  converted  

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Q & A

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Winning in 2014!

Think  Big  Start  Small  Move>>Fast!