Has anyone else seen a slowdown in sales?
I had a VP at a large Silicon Valley company today tell me that they are stopping all purchases of new software and only managing renewals. It's pretty worrisome, especially when we are more of a "nice to have" SaaS product.
Are you planning to just wait it out?
Also, if anyone wants to chat here's a Slack community to discuss: https://join.slack.com/t/startup-slack-group/shared_invite/zt-crvi96sk-awX_lXGH2RLINA_bXdgRFg
March was a slow month, but yesterday had a bunch of new paying customers sign up.
So seems there is some hope.
We run PR service for startups, so it definitely comes under 'nice to have' thing in these times. And we don't have a retainer model.
The sales have been down by 70%. I am guessing this would be the case for the next month or two. Trying to weather out with savings.
Stay strong folks!
This comment was deleted 6 years ago
Wow thats a huge drop