SaaStr 714: From Zero to Hero: How to Dominate Outbound SaaS Sales with Rippling and Founders Fund on CRO Confidential
Jan 5, 2024
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In this episode, Sam Blond interviews Ashley Kelly, VP of Global Sales Development at Rippling, about scaling outbound sales and SDRS. They discuss hiring the right outbound sales team, the SDR interview checklist, and creating an environment for success. The chapter also explores the significance of SDRs and their career progression.
In-network hiring and hiring experienced SDRs with a background in recruiting or sales can yield positive results in building an outbound sales team.
Transitioning from measuring SDR performance based on sales qualified opportunities to revenue quotas can lead to significant revenue growth for a business.
Deep dives
The Importance of Outbound Sales
In this podcast episode, host Sam Blond interviews Ashley Kelly, VP of Global Sales Development at Rippling, to discuss the significance of outbound sales in scaling a business. Blond emphasizes that outbound sales played a crucial role in Brex's revenue generation, accounting for about 80% of their sales. He highlights the importance of starting with a targeted prospecting approach, focusing on warm introductions and personalized outreach rather than mass blasting. Blond shares examples of creative outbound campaigns, such as sending personalized gifts and targeting specific areas with billboards. Kelly adds that hiring experienced SDRs and providing a structured environment are key to scaling an outbound sales team. She discusses the interview process, identifying the right profiles, and the importance of hunger, coachability, and organization in successful SDRs. The episode also touches on how to measure SDR performance, starting with sales qualified opportunities and transitioning to revenue as the team gains data and lead scoring capabilities. Finally, the episode emphasizes the career progression potential for SDRs, with many becoming future sales leaders within the company.
The Impact of In-Network Hiring
One notable takeaway from the podcast is the effectiveness of in-network hiring when building an SDR team. The episode highlights the positive outcomes of hiring someone you trust and have worked with before, as it reduces risk and improves the overall success rate. Hiring experienced SDRs with a background in recruiting or sales, even if they are new to tech sales, can also yield positive results. This method allows for quicker onboarding and enables SDRs to share learnings and best practices with their peers, accelerating their effectiveness in the role. By creating a structured environment for SDRs and providing clear career paths, businesses can position SDRs as future leaders within their organizations.
Transitioning to Revenue Quota
The podcast episode discusses the transition from measuring SDR performance based on sales qualified opportunities to revenue quotas. Initially, sales qualified opportunities are prioritized due to the need for quantity in the early stages of scaling. However, as the business matures and data on lead quality becomes available, a shift can be made towards incentivizing revenue generation. The example of Brex is highlighted, where the transition from sales qualified opportunities to revenue led to significant revenue growth. Considerations for making this change include analyzing deal cycle duration and ensuring that SDRs have enough time to realize revenue. Additionally, it's crucial to provide sufficient guidance and direction to SDRs to focus their efforts on accounts and industries that are most likely to convert into revenue.
The Role of SDRs in Scaling a Business
The episode highlights the vital role of SDRs in scaling a business and the potential career progression within the company. It emphasizes the importance of setting up a clear career path and leveling system for SDRs, allowing them to transition into roles such as account executives, marketing, customer success, or management. The extensive experience and understanding of the company's product and target market that SDRs develop make them valuable assets for future leadership positions. The episode showcases how SDRs contribute not only to revenue generation but also to the recruitment of top talent, as experienced SDRs often make successful hires when they advance into leadership roles.
SaaStr 714: From Zero to Hero: How to Dominate Outbound SaaS Sales with Rippling and Founders Fund on CRO Confidential. Hosted by Sam Blond, Partner at Founders Fund. With Ashley Kelly, VP of Global Sales Development at Rippling.
In the latest episode of SaaStr's CRO Confidential series, host Sam Blond, partner at Founders Fund and former CRO at Brex, sits down with Ashley Kelly, VP of Global Sales Development at Rippling. For context - Ashley had previously helped Sam scale Brex's outbound sales from $2M to over $300M in ARR as Senior Director of SDR.
Together they discuss:
Scaling outbound sales and SDRS (sales development representatives) from 0 to $100M and beyond
How to hire the right outbound sales team
The SDR interview checklist
How to create an environment to set up outbound sales reps for success
Which KPIs to measure and matter most in outbound SaaS sales
Increasing the quality and closed-won revenue with your outbound sales team
Listen now!
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