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How to boost
sales with a
free trial model
Dominique Levin, CMO
About The Speaker

   Chief Marketing Officer
   Totango
   Customer engagement and
   lifecycle marketing platform

   Previously:
   CMO, Fundly
   -- social fundraising for non profits
   CMO, LogLogic
   -- IT big data analytics

   Also: Intel, NTT, Philips Consumer Electronics
Agenda


State of the Union in Enterprise Free Trial?

               (550 SaaS Companies)



  How to increase Free Trial Close Rates?

(1 million prospects and users of Totango’s customers)
The Consumerization of B2B Sales




        550
B2B SaaS Companies
Sales Models




  17%
Offer Freemium
Mainstream




      44%
Offer a Free Online Trial
Trial Duration




      41%
Offer 30-day free trial
Also Popular




       18%
Offer a 2-week free trial
Other Options



 4% 1 week
 1% 10 days
 1% 45 days
 2% 60 days
1% 6 months
Even Better
Transparency




      41%
List pricing on their site
Scalability




     46%
Have “per user” pricing
Land and Expand

Number of users




                  Price per users
Median Price per User per Month



 Entry Level                High End




$25/user                 $275/user
$1 - $1,068               $1 - $25,000
Even Better




Aligned with Customer Success

Not active = No charge
Totango – Customer Engagement Lifecycle


                            Convert



                             Grow



                             Retain
Totango Architecture
     Trial                 User                  Lifecycle            Customer
  Conversion            Onboarding               Marketing            Success


Automation



Analysis & Insights



Customer Engagement Repository
                                                              Engagement
                                                                Profile



                    User Actions                                    User Context
                  Real Time Streams                                 Demographics

 app usage, saas interaction, social media, online behavior      CRM, helpdesk, billing
Totango Customers


Over 1 million businesses analyzed

Prospects and users of our customers
Aggregate Customer Analysis
One Million Businesses Analyzed
Customer Engagement is Key
Focus on Customer Lifetime Value
How to Increase Your Trial Close Rate?




                  2.5%

                 3,000
                 Trials
The Reality of Low Touch Sales



 High volume of leads/trials

High rate of low quality leads

     Short staffed team
How to Increase Your Trial Close Rate?

      ~13
  new customers



                           2.5%


                          500


                   2.5%

                  3,000
                  Trials
Not All Trial Users are Created Equal




            500
                      17 %
            Active
            Users



                      2.5%

                 3,000
                     Trials
Step 1: Focus on the right opportunities

       85
  new customers
                                   See who is
                                   most active


                  400
                   500
                    17%




                          3,000
                          Trials
Step 2: Increase Contact Rates

    119
new customers
                                    See who is
                                 online right now


                400
                 700
                  17%




                        3,000
                        Trials
Step 3: Increase Effectiveness

    140
new customers
                                        See
                                 past user actions


                400
                 700
                  20%




                        3,000
                        Trials
Try Totango, Free




www.totango.com
dominique@totango.com

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How to Boost Sales with a Free Trial Model