How to Win podcast with Peep Laja

Raising Prices 50X - with indinero's Jess Mah

13 snips
Nov 20, 2023
Jess Mah, Co-founder of indinero, discusses pivoting to a new customer segment, observing customer use to identify product issues, customizing marketing for each vertical, and replacing herself as CEO with an experienced leader.
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INSIGHT

Churn Predictors Limit Growth

  • Tracking early warning signs of churn is critical, especially with small businesses likely to go out of business.
  • Ignoring such data stalls growth and impairs scaling beyond certain revenue thresholds.
ADVICE

Customize Per Vertical

  • Tailor marketing, sales, and product adaptations for each vertical since customer needs and priorities vary widely.
  • Treat each vertical as a separate product with dedicated teams for maximum effectiveness.
INSIGHT

Tech-Service Blend Benefits

  • Blending technology and service can yield strong margins and customer insights despite investor skepticism.
  • Doing things that "don't scale" initially can lead to unique, high-value customer solutions.
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