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- Pump the PQL breaks, how to grow MRR , and the ideal layering of PLG, PLS, & ABM
Pump the PQL breaks, how to grow MRR , and the ideal layering of PLG, PLS, & ABM
RIP boiled water
You will be mist.
Welcome to the PLG Recap 📈
I spend all week deep diving into the best PLG LinkedIn posts so you don't have to.
Here are my top 5 favorites from last week! 🔥
1️⃣ Elena Verna
Strategy or Tactic? Strategy
Growth lever = All levers
Recap
Elena shows us an awesome strategic way to know when to layer on PLS with PLG.
Motivation, ability, and permission are the three most important factors your product must solve for, or else you will need to layer in sales-assist motions.
If there is weak motivation, the sales comes in to help convince.
If there is low ability, sales comes in with white glove treatment.
If there is low permission or agency, sales comes in to unlock permissions so an org can scale.
Elena is the queen and arguably the coiner of Product-led sales. I would say give her a follow but you already are 😉
2️⃣ Kyle Poyar
Strategy or Tactic? Strategy
Growth lever = All levers
Recap
Kyle released a New Era for PLG 35-page report. Click on the image to see the full post.
It’s no surprise that we are seeing economic slowness in the tech industry, however, there are best-in-class PLG companies that are rising through the ranks with strong efficiency.
My favorite principle of the 5 he mentioned is: Build to be discovered by users in their moment of need.
I love this because it’s aligned with the values and themes of Product-led marketing (PLM) and if you know, I’ve been writing a ton about this topic!
Standout PLG companies are acquiring users organically and through product virality. Kyle suggests we start here and scale these motions vs sales-led motions.
Community = virality outside of the product
Another key tactic in Product-led marketing. As communities serve as distribution ambassadors and extensions of your product, it’s key to nurture these into PLM engines.
3️⃣ John Kotowski
Strategy or Tactic? Tactics
Growth lever = Monetization
Recap
John shares 3 levers to grow MRR:
Optimize conv. rate of free trials = more customers
Add or remove plans = more ARPU or more customers
Raise prices = more ARPU, fewer customers (more churn)
I think most of us neglect the plan addition and removal variable in SaaS pricing experimentation.
If we make plans simpler by removing complexity, we can increase the acquisition of lower-tiered segments. By adding plans and features, we can charge more for premium pricing and thereby increase the ARPU
4️⃣ Dave Boyce
Strategy or Tactic? Strategy
Growth lever = All levers
Recap
Dave beautifully summarizes the complicated layering and intersection of the 3 GTM motions: PLG, PLS, and ABM (account-based marketing).
In an ideal world, you want to scale PLG first, feed your top-of-funnel into your PLS motion second, and then expand your audience by moving into performance marketing plays via ABM.
But this usually fails because of impatience, failures, aggressive ARR targets, emotions, and biases of the different siloed teams and founders.
Don’t abandon these tactics. Tune them, fix them, and design a GTM strategy that is messy with all of them together!
5️⃣ Danny Archer
Strategy or Tactic? Tactics
Growth lever = Product-led sales
Recap
Danny shows us some real PQA and PQL talk with examples!
While most of the PLG community is hyping PLS, Danny also says to pump the breaks. Let’s fix this motion a little bit.
He highlights:
Differentiate PQA and PQLs!
PQAs are high-usage accounts across non-decision makers while PQLs include a high-usage individual
Once you have many high-usage individuals + ICP fit, then surface the PQA to sales.
It’s good to see PLS posts from more PLG sales leaders who are helping us move forward through constructive feedback.
6️⃣ My post of the week - I am working on a lot of PLM content. There is so much more to come! I highlighted one of the 5 tactics last week: Product Demo Experiences.
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