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Quote in Growth Strategy

Invention is 10% inspiration and 90% perspiration.

More Growth Strategy Articles

Creating an Honest SWOT Analysis

Create a Tangible Strategic Vision

An Applied Innovation Model

13 Strategies to Boost SaaS User Retention and Renewals

How to Determine a Marketing Budget

The Culture Gap

Defining Your Brand Voice

Segmentation, Targeting, and Positioning

The Evolution of Niche Markets

Marketing Strategy vs. Marketing Plan

More Growth Strategy Stats

In 2017, the global adoption rate for biotech soybean amounted to 77 percent.

Median annual gross dollar churn was 8%, 7%, 6% and 8% in 2016, 2015, 2014 and 2013

36% of SaaS businesses managed to reduce their revenue churn over the last 12-months

Publicly-traded SaaS companies have an average Revenue Per Employee of $200,000

26% of SAAS companies with at least $15MM in 2015 GAAP revenue had a revenue growth rate + EBITDA margin of 40% or higher

The best SAAS businesses have a LTV to CAC ratio that is higher than 3, sometimes as high as 7 or 8

More than 1/2 of SAAS companies increased their spending on customer retention last year

Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts

Internet Sales strategies have a significantly lower CAC of just $0.42

If the numerator of your quick ratio is growing that means your revenue is growing. It’s important to keep increasing revenue to counter any MRR (Monthly Recurring Revenue) that is lost to churn

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