

20Sales: What I Learned Scaling Datadog from $60M to $1BN in ARR | How to do Outbound in 2024 | Why Discounting is Dangerous and Contract Sizes are Misleading with Dan Fougere
331 snips Nov 22, 2024
Dan Fougere, a top sales leader known for scaling Datadog's revenue from $60M to $1BN ARR, shares crucial insights. He discusses the key lessons learned during his journey, including the mistakes made and what he'd do differently. Dan emphasizes the dangers of discounting, advocating for consistent pricing strategies, and highlights the importance of hiring the right sales team, including his unique interview techniques. He also tackles the future of outbound sales in 2024, offering advice for founders navigating evolving sales landscapes.
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Qualifying Deals
- Expect bullshit and look for weaknesses in every deal.
- Use the MEDDIC framework to qualify deals quickly and effectively.
Targeting Strategies
- At Datadog, they initially targeted practitioners implementing the cloud, not CIOs/CTOs.
- At Medallia, they sold to C-level execs because the product required changing business practices.
Capital One Deal
- Dan found a small $600 Datadog deal with Capital One while in the cafeteria.
- This led to a $1.4M deal after they helped Capital One with a Linux update issue during a production app rollout.