SaaStr 710: Running a PLG and Sales-Led Motion at the Same Time: What’s New at ZoomInfo with CEO Henry Schuck and SaaStr CEO and Founder Jason Lemkin
Dec 21, 2023
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Jason Lemkin talks with ZoomInfo CEO Henry Schuck about running a PLG and sales-led motion at the same time. They discuss the efficiency of PLG vs. sales-led, the macro-environment for next year, and what's new at ZoomInfo.
ZoomInfo is implementing a product-led growth (PLG) strategy while also focusing on enterprise sales, balancing resources and maximizing potential for growth in both segments.
AI technology plays a significant role in ZoomInfo's offering, enabling personalization and prioritization of accounts to streamline onboarding and optimize communication strategies.
Deep dives
Product-Led Growth
Zoom Info is implementing a product-led growth (PLG) strategy while also focusing on enterprise sales. The company sees potential for growth in both segments of their business and is allocating resources accordingly. They are investing in the enterprise segment, which has a higher lifetime value and room for expansion. To capture the down-market businesses, they have rolled out a no-touch self-service approach where SMB customers can sign up for a free trial and grow into paying customers without the need for a sales rep. Balancing both strategies requires alignment between the PLG and new business sales teams to avoid channel conflict and ensure a pathway for growth.
AI Personalization and Prioritization
AI technology plays a significant role in Zoom Info's offering, particularly in personalization and prioritization. The company leverages AI to personalize the user experience by configuring the platform to show the right accounts, technologies, intent topics, and scoops based on user preferences. This level of personalization eliminates the need for manual input and streamlines the onboarding process. Additionally, AI assists in prioritizing accounts and determining engagement strategies by gathering and analyzing various signals such as website visits, hiring activity, and intent data. This AI-driven approach allows sales teams to focus on the most valuable opportunities and optimize their communication strategies.
Automating Sales Processes
Zoom Info recognizes the potential for automating certain sales processes, such as email outreach and lead prioritization. While full automation may not be feasible in all aspects of sales, the company aims to leverage AI to enhance the productivity and efficiency of sales development representatives (SDRs) and account executives (AEs). By integrating AI tools that automate email personalization and prioritize leads based on various signals, SDRs and AEs can focus on higher-value activities and add value to the AI-driven sales process. The goal is to create a co-pilot model where sales professionals work alongside AI, utilizing its capabilities to drive incremental value and efficiency.
The Realities of AI and Innovation
Zoom Info acknowledges that some AI capabilities are valuable, while others may not be as impactful. They identify prioritization and personalization as essential AI features that provide tangible benefits to their customers. However, they also emphasize the importance of innovation and questioning the status quo. They encourage their sales development team to identify new and cutting-edge approaches rather than sticking to the same playbook. Zoom Info believes that continuous innovation and adaptation are crucial to stay ahead in the industry and evolve in response to changing market dynamics.
Welcome to the Official SaaStr Podcast Episode 710:
Running a PLG and Sales-Led Motion at the Same Time: What’s New at ZoomInfo with CEO Henry Schuck and SaaStr CEO and Founder Jason Lemkin
In the latest installment of SaaStr’s What’s New series – where we sit down with the leaders in SaaS and Cloud for the inside scoop on what’s top of mind and what’s new, SaaStr CEO and Jason Lemkin chats with the CEO of ZoomInfo, Henry Schuck.
So, what’s new at ZoomInfo?
In this episode, Jason and Henry discuss:
*PLG vs. a sales-led motion, and which is more efficient
*The macro-environment and what to expect next year
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