S3E7 - How to price your B2B SaaS to accelerate growth? with Wolter Rebergen
Jan 16, 2024
auto_awesome
Wolter Rebergen, VP of Revenue Operations at Younium, delves into B2B SaaS pricing strategies with host Joran Hofman. They cover the importance of pricing in startup success, common pricing mistakes, best practices, challenges in setting pricing, different model packages, and the future of SaaS pricing. Wolter also shares advice on growing MRR and ARR for B2B SaaS founders.
Effective pricing aligns with value offered in B2B SaaS for startup success.
Regular iterations, customer segmentation, and full lifecycle pricing are key for successful B2B SaaS pricing strategies.
Usage-based pricing trends in SaaS require a balance with predictability for sustainable growth.
Startups should focus on packaging, strategic pricing, and customer feedback for scalable success in B2B SaaS.
Deep dives
The Impact of SaaS Pricing on Startup Success
Pricing in B2B SaaS plays a critical role in a startup's success as it needs to align with the value offered. Transparency in pricing is key, ensuring customers understand the value they receive. Segmentation of customers and evaluating pricing based on different customer segments is crucial for success. Setting the right pricing strategy is essential for go-to-market success, requiring ongoing evaluation and reiteration.
Challenges in Setting Up Pricing Structures for B2B SaaS
Common mistakes in B2B SaaS pricing include not iterating pricing enough, neglecting the full customer lifecycle in pricing models, and failing to segment customers effectively. Successful pricing strategies involve regular iterations, considering the entire customer journey, and implementing segmentation to tailor pricing to different customer groups.
Future Trends in SaaS Pricing
The trend towards usage-based pricing is growing in SaaS, offering flexibility but also posing challenges in revenue forecasting and cash flow management. While usage-based pricing is popular, companies may need to balance it with the need for predictability and customer expectations. In the long term, a shift towards balancing usage-based and value-based pricing is foreseen for sustainable growth.
Advice for SaaS Founders navigating Growth Phases
For startups aiming to reach 10k MRR, focus on packaging to enhance product-market fit and be open to pricing adjustments based on customer feedback. As companies scale towards 10 million ARR, strategic thinking becomes crucial, emphasizing the need for optimized pricing structures and transparent discount policies. Emphasize segmentation, strategic decision-making, and transparency in pricing as the company matures.
Key Insights for SaaS Founders to Consider
SaaS founders are advised to adopt a data-driven approach from the outset, measuring key metrics and maintaining transparency within the organization. Prioritize customer feedback, establish clear KPIs, and maintain a focus on growth and adaptability. Embracing the dynamism and collaboration within the SaaS industry can lead to enhanced success and innovation.
The Fascination of the Software Industry
Looking back, the speaker expresses a wish to have known earlier about the enthusiasm and collaborative nature of the software industry. The engaging community and innovative spirit in SaaS have made the journey rewarding, emphasizing the fun and selflessness prevalent in the industry. Embracing the dynamic and transparent environment of software has been a key lesson over the years.
Contacting the Speaker and Show Engagement
To connect with the speaker and engage with the podcast, LinkedIn is recommended for direct communication and networking opportunities. The speaker is open to sponsorships, guest suggestions, and topic requests, encouraging audience participation and interaction for future episodes.
What is your pricing approach for your B2B SaaS, and what metrics guide your pricing decisions? Additionally, how do you package your product? In this episode of the 'Grow Your B2B SaaS' podcast, host Joran Hofman engages in a deep dive with Wolter Rebergen, VP of Revenue Operations at Younium, to understand B2B SaaS pricing better. The discussion highlights the significance of effective pricing in fostering B2B SaaS growth, the evolving trends, and its pivotal role in startup success. Drawing from his wealth of experience with various B2B SaaS companies, Wolter shares valuable insights and expertise.
Key Timecode
(0:37) Show and guest intro
(1:30) Why you should listen to Wolter Rebergen
(2:18) The Crucial Role of Pricing in B2B SaaS: A Key Factor for Startup Success
(3:29) How important is pricing for your go to market strategy?
(5:18) The Significance of Pricing After Achieving Product-Market Fit
(6:35) The common Pricing Mistakes in B2B SaaS Companies
(11:04) The best pricing practices to implement.
(9:18) The challenges companies run into when setting their pricing
(13:19) Wolter’s different model packages
(19:04) Challenges companies run into when setting their pricing
(21:42) The future of SaaS pricing
(25:29) How to grow towards 10K MRR
(26:40) How to grow towards 10 million ARR
(28:22) Wolter’s crucial advice to B2B SaaS founders
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode