Hello indie hackers,
I am interested in learning from this community that how did you guys find your very first Paying Customer for your B2B saas product.
and please share what are the strategies you've used to acquire them like cold email, inbound reach, etc..
in case this is something you've struggled with, I have about 15 podcast episodes where I ask successful founders and Indie Hackers exactly how they made their first, tenth, and 100th sales.
We go into excruciating, step by step detail of how exactly it went down, what mistakes they made, and what you should do differently in your own business.
Here's the most recent episode, where @baird talks about finding his first customers for Wavve.co and Zubtitle.com
@louisswiss
How do you set up interviews with these folks?
What channel do you use primarily to reach out?
Via whatever channel they are active on. Indie Hackers, email, Twitter...
I just introduce myself, explain what's in it for them, and make it easy for them to say yes.
thanks for the share .. if i have to select one from those 15, which one will you recommend?
Really depends. My personal favourite might be tbe very first interview I did with @lynnetye...
https://pod.salesforfounders.com/episode/bootstrapping-to-a-6-figure-business-by-aligning-yourself-with-the-customer---with-lynne-tye-of-keyvalues
The audio quality isn’t the best and it’s definitely not anywhere near as polished as it should be. But Lynne’s journey and advice is amazing.
That's really useful, I will start listening to those podcasts.
Mine was from a tech conference where they gave us a table. Number 2 was from a 1 Million Cups talk.
Hi, 👋 Michael here I am the founder of Story Creator.
I was able to acquire my first customer from a cold DM. I reached out with a very personal video message. Then from there, we formed a genuine connection. We scheduled a call and from there it was really a user interview. Not much selling involved.
He mentioned he needed audiograms for his podcast and would like animated text intros. So I explained that my tool does all of that effortlessly.
From there I gave him a few free videos to feel it out and he loved it. Now he uses it for all his episodes.
What video tools you've used to create a personal video message?
Our company is a B2B SaaS [FinTech] solution. Our most successful strategy early on was sponsoring newsletter from bloggers with trusted content in our space. Generated significant inbound traffic to our site. We managed to convert those into pilots and paying customers. Apologies for the brief response but feel free to message me for additional details, happy to share.
Not sure what type of product you're selling, but here are some tips for a product geared toward enterprise:
The most important thing is finding someone whose job performance is measured by a metric you can improve AND who has the ability to make a purchasing decision. This will usually be someone at the Director level or higher.
If you can picture a scenario where the person gets a promotion as a result of implementing your product, you should be able to make a case for a discussion. Cold emails or LinkedIn messages with the right content that plays to the person's own professional interests worked well for us.
The first sale in B2B is always the hardest because you have no references and no case studies. We got the ear of a Product Director at a top retailer through the approach above. But the larger the company, the more risk averse they tend to be. Initially we were written off as a non-starter since we were a 2 person company with no track record. We offered to travel to their campus on our dime to educate their team on our field (NLP) and they took us up on it. We did all-day training sessions which were 80% general "state of the art" and 20% how our solution solves their problems. This built goodwill. We then followed up over the following weeks with multiple demos of our technology applied to their data. This eventually got us a paid pilot. At this point since you have no customers and ample time on your hands, you should pour 100% of your energy into overdelivering on the pilot. Your biggest selling point will be your responsiveness to their specific needs. Granted, this whole approach only really works if you're targeting a very large contract.
Congratulations, you've delivered a great pilot and you've been connected with the dreaded procurement person to negotiate a contract. This is too complex to cover succinctly, but the best advice I can give is to start really high because they will bully you way down from wherever you start. This includes the price tag, duration, SLA, everything. As your first sale, you should favor overall deal size over nearly every other aspect ($1M over 5 years is better than $500k over 2 years) since investors will care primarily about the total dollar size under contract.
Hope this is helpful.
For my current project https://www.influencegrid.com/ I cold emailed 5 journalists in the social media space who had written about TikTok recently. You can use https://rocketreach.co/ to find their emails.
This resulted in this article which drove the first few sign ups and keeps driving a trickle of traffic many months later https://www.socialmediatoday.com/news/new-app-lists-tiktok-influencers-by-engagement-topic-and-audience/568736/
That's great and your project influencegrid.com wow this a cool project might go big in future Congrats!
rocketreach.co heard about them will try it.
I can't contribute anything, but I've tried to sell a B2B SaaS solution before, and the sales cycle and uncertainty were just too brutal to handle.
I had to start another business altogether, as I needed the short-term high of signing up yet another customer every few days, even though they may be low-ticket/low-ARPU.
I learned that, in general, indie hackers aren't built for the cut-throat world of B2B sales.
Hang in there.
Both b2b saas products I've had success with came from building a solution for a company I knew or worked with.
That was an easy sell and in both cases I didn't charge them. It validated the idea and helped me refine it a lot more.
From there I moved to marketplace listings. I like building on platforms that have directories (slack, shopify, salesforce, aws etc all have these). If you solve a specific thing there's a good chance people are already searching for it.
i wrote something about this because i followed this product-market fit process... which ultimately led to sales... but, here's more of a written step-by-step...
so... i can talk about yen:
customer interviews. this isn't a hard process, but, it does take practice and you have to do a lot of them (whatever number you're thinking... multiply it by 10, at least!).i got my first YEN.CAMP doing just that... in 6 weeks we were on the board with
$177.00 in mrr.:)
That's really solid advice and thanks for all the URLs you have shared really useful stuff.
word to your mother! now go slay, queen! (or king).