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SaaS Interviews with CEOs, Startups, Founders

How to 3x your revenue with 3 simple pricing changes

SaaS Interviews with CEOs, Startups, Founders

Nathan Latka

Ceo, Entrepreneurs, Founders, Software, Business, Entrepreneurship, Saas, Startups

4.6683 Ratings

🗓️ 23 May 2024

⏱️ 20 minutes

🧾️ Download transcript

Summary

Cledara Co-Founder Brad Leeuwen wanted to grow faster. He was nervous to change pricing. Once he did, the results shocked even him. Will they break $30m in ARR this year?

Transcript

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0:00.0

You are listening to conversations with Nathan Latka, where I sit down and interview the top SaaS founders, like Eric Wan from Zoom.

0:13.5

If you'd like to subscribe, go to getlatka.com. We've published thousands of these interviews, and if you want to sort through them quickly by

0:21.7

revenue or churn, cack, valuation, or other metrics, the easiest way to do that is to go to

0:27.3

getlattka.com and use our filtering tool. It's like a big Excel sheet for all of these

0:31.8

podcast interviews. Check it out right now at getlatka.com.

0:38.8

We started flatlining on our pipe gen.

0:41.5

So you can see that the changes that we made really did have an impact.

0:45.1

Click-through rate of Get Started Free was nine times higher, nine times higher than Booker Demo. And so what I'll talk about today is something we've never spoken about publicly before.

1:00.0

We'll be talking about how we changed our go-to-market and the decisions and inputs we had for that.

1:06.0

And my hope today is that we all go back to the office on Monday, and at least, A, you've learned something,

1:12.4

B, you sign up to Cladara along the way, but C, you can use some of this in your own go-to-market

1:18.3

function. So we changed our go-to-market very aggressively between Christmas and New Year last year, right? So why did we do that? Well,

1:30.3

first of all, we have a lot of data, right? So we could see among our customers that were

1:35.8

buying software through us how buyer behavior was changing both at the initial purchase and the

1:42.8

renewal. We could see how that was changing over time.

1:47.0

So what we'll talk about is how we use that data, what we changed, how we approach pricing,

1:53.0

how we approach packaging, how we aligned sales and marketing, and then how we brought that

1:59.0

all together in our sales team quotas and the

2:01.7

buyer journey.

2:02.9

So hands up, who found last year challenging?

2:06.5

Who felt like they got punched in the face?

2:08.2

We've heard that before.

...

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