🎉  How Reveal used PQLs to generate >$400,000 in revenue using Correlated. Read more →
Product Led Growth is table stakes for software companies but without a proper PLG tech stack, there’s not much teams can do to adopt a PLG motion. See software that the best PLG companies have adopted.
Moving from a traditional go-to-market motion (often called Sales-Led or Marketing-Led) to a product-led growth strategy is no easy walk in the park. Knowing that it’s such a big change, why are many companies still eager to make the swap? Here are 3 common reasons.
If you’ve been following along with best practices in the PLG space, you’ve probably heard of PQL Scoring. PQL Scores help product-led companies monetize their user base by identifying which accounts have the highest likelihood to convert. Here's how they work at Correlated.
It’s the dog days of summer, but in between enjoying some sunny days, we’ve had a busy September filled with many highly-requested releases here at Correlated! Here’s an overview of some of the features we’ve recently launched.
PLG orchestration is an umbrella term for the processes, team setup, tools, and practices a company uses to run their product-led strategy. Here's a breakdown of how product led growth (PLG) companies should be thinking about their go-to-market strategy, and with that – what tools and processes they need to be most effective.Â
We've spent the last 18 months building Correlated to scratch an itch that we personally experienced. Today we're launching PQL scoring so you can leverage machine learning to automatically uncover your best PQLs and PQAs.
If you’ve been following the evolution of product-led growth, you’ve probably heard of PQLs. PQL stands for “Product Qualified Lead”. They are similar to MQLs (Marketing Qualified Leads) in that they are “qualified” leads, but PQLs are qualified when users do certain things in the product, whereas MQLs are qualified when prospects engage in certain ways with the company’s marketing assets.Â
If you’re looking to implement PQLs without devoting months of engineering time and countless dollars in resources, you’re in luck! With Correlated’s new PQL Scoring Engine powered by Machine Learning, you can set up PQLs and PQAs with just a few button clicks. Correlated handles all the hard work.
As companies make the transition to a product led growth strategy, the introduction of the product qualified lead (PQL) is essential to prioritizing sales outreach. Let’s breakdown the marketing qualified lead (MQL) and product qualified lead (PQL), along with a peek into how product-led companies are solving this today.
Correlated makes it easy to identify PQLs and automate fine-tuned, personalized Playbooks by piping PQLs directly into downstream applications. With our new support for Webhooks, you’ll be able to connect Correlated to almost any application you can think of!
Our Segment integration makes it easy to send product qualified leads (PQLs) and product qualified accounts (PQAs) directly to your revenue teams so they're work on the customers most likely to drive revenue. It’s easy to get started with the launch of our public Segment destination!
It’s never been easier to implement a product qualified lead (PQL) strategy! Correlated’s new PQL Playbook Builder provides the tooling you need to run a PQL strategy end-to-end, helping you: identify product qualified leads, create automated playbooks, and measure revenue goals and outcomes.Â
Can you build your own product led revenue platform internally? Probably. But it might come at a cost of not fully enabling your team with the context and real-time insights they need, not to mention the time spent internally to build and consistently maintain these systems. Let's weigh the pros and cons together!
Salesloft makes it possible to run consistent sales playbooks that align well with your product-led strategy. Correlated makes it possible to discover PQLs and send them to the right Salesloft cadences or directly to a sales rep depending on who the PQL is and what they’ve done in product.
As a PLG company, Reveal was experiencing rapid growth via self-serve and freemium. Using Correlated, they uncover hundreds of product qualified lead (PQL) opportunities per month, $400,000+ in revenue pipeline generated, and run over 70 automated product led revenue playbooks.
Enabling sales and other go-to-market teams to convert more leads, expand existing revenue, and move the needle forward for their companies in the most efficient way possible through a product-led model is a difficult task. We’ve made it our mission at Correlated to help solve this.
The data you need for PLG is different. Here are the key events, customer lifecycle data points, and firmographic data points that you should be tracking to be successful in your product-led revenue efforts.
Leading Growth teams at PLG companies are starting to leverage dynamic personalization targeting self-serve users to drive conversion rates higher and generate more pipeline. Read on to find out why the current "spray and pray" approach to targeting self-serve doesn't work and how to leverage personalization to drive better results!
Building a product led sales team from the ground up or pivoting your sales team for a product led strategy is no easy feat. Here are some of the core responsibilities, how to drive alignment, and ultimately how you can increase pipeline with a product led sales team.
After speaking to hundreds of product-led companies, we identified 5 common obstacles data teams need to address when it comes to enabling GTM teams with product data. In this post, we’ll elaborate on these challenges and give suggestions on how to address them.
Product led sales means enabling your sales team with product usage insights so they can have insightful conversations with the right people, at the right time. Product usage data shows us what features people are using, how often they log in, if they're inviting other users to join their workspace, and so on.
Goals make it easy to measure conversion rates throughout your entire customer lifecycle. Goals offer the best way to take a strategy from “we think this is what makes someone a successful customer” to “we know.” Read more.
Some practical tips on how to set-up your data warehouse and the modern data stack to drive a PLG GTM motion. Customer data is the life blood of Product Led Growth (PLG) strategy. With data about your customers centralized in a data warehouse, you can provide them with the most relevant and proactive buying experience.
Whether you’re just starting to make the leap into a product-led growth strategy, or you’ve been doing it for years and already have a definition for your first PQL (product qualified lead), this post will help you determine what other signals and playbooks leading PLG companies are using across their customer’s lifecycle.
Do people often ask you who your competitors are? SaaS buyers have gotten more savvy when it comes to the buying process and they’ll do quite a bit of research before jumping into any buying decisions. I thought I’d save everyone some time and just tell you all about our competitors.Â
HubSpot is a household name in the tech world at this point. Their product-led motion comes from two angles, says Carl Ferreira, their previous Sales Team Lead, and currently Director of Sales at Refine Labs. Hear how their team uses product data to inform sales actions.
Send automated emails, campaigns, and sequences based all through Hubspot, using your Correlated Signals. Learn what other companies are doing, how to get started, and best practices along the way.
It’s been a busy start to 2022 and the Correlated team has shipped a ton of new features. Here’s a round up of the latest features in Correlated!
PLG revenue teams are often expected to sift through out-dated, complex dashboards to identify which customers to talk to and why. Correlated is changing that. We’ll walk through how you can discover the best customers and deliver those insights directly to your team to take action.
More product-led growth companies are developing a strategy around Product Qualified Leads (PQL), but many are frustrated by the results. Here’s how you can set-up your approach for success.
In this blog interview series, Brandon Redlinger, Senior Director of Product Marketing at Revenue.io talks through his view on the product led space, ideas for a move from sales-led to product-led, and his advice for a company thinking about making the switch.
By combining Correlated with Census, you’ll be able to easily build Signals and power downstream workflows for sales and CS teams to help uncover who to talk to, when to talk to them, and the right messaging to use. The result? Convert leads at a higher percentage and uncover more expansion revenue.
Correlated has officially doubled in size since I started 120 days ago. There's something uniquely special about the experience of joining a startup so early, says Cotille Davis, Head of People Operations at Correlated. Read this full post to hear about Correlated's culture, values, and how we work together as a team.
Duolingo is a language-learning website and mobile app. The company uses a freemium model: the app and the website are accessible without charge, although Duolingo also offers a premium service for a fee. Mateo Creamer worked with Duolingo as part of his MBA internship at Stanford.
By combining Correlated with Hightouch, you’ll be able to leverage your existing data models in Hightouch to power Correlated, unlocking a ton of new revenue opportunities for your team. Reach the right person, at the right time, with the right message.
Somehow we’re almost at the end of 2021 and 2022 is right around the corner! As I look back at a explosive year for Correlated and the Product Led Revenue category, I can’t help but imagine what might lie ahead next year. Before we dive into 2022, let’s take a quick look at some of the top trends in 2021.
Product usage data is a sales person’s best friend for expansion revenue, converting trial users, or anything in between. With Correlated, you can use Salesforce Tasks to build powerful, meaningful reports that show which sales activity drives new opportunities and closed-won expansion deals. Here’s a step-by-step guide.
If you aren’t using product usage insights to inform sales motions, you’re leaving revenue on the table. Providing your sales teams with actionable insights just got a whole lot easier with Correlated + Salesforce.
Have you started using product usage-based Sequences in Outreach? Personalizing and automating your Outreach Sequences based on actions people took in your product improves the likelihood of conversion and expansion. Read the essential product usage signals you should be incorporating into your go-to-market motion today.
By combining Salesloft with Correlated, you can make your end-to-end sales motion even smarter by layering on data-driven insights, allowing you to reach out to the right customers at the right time based on what they are doing in your product
Andrew lays out the 3 ways he sees most PLG companies scoring their Product Qualified Leads (PQL) and some of the challenges he faced in his role at Wistia, as well as working with a number of PLG teams at Delivering Value.
Sales at a PLG company is incredibly rewarding, but it also comes with some challenges. In this post, we'll walk through knowing when to reach out, examples of emails to send, and other strategies for converting and expanding your users.
SalesIntel is a sales intelligence software company who offers free trials during their sales process. Here's a breakdown of how their sales team is looking at customer usage data to close more revenue.
OpenView is one of the primary voices leading the Product Led Growth movement. Here's their take on what we're building at Correlated.
For SaaS companies there is an increasing focus on expanding revenue from users of your product. This means that tracking user behavior from initial sign up through to buying an enterprise package is critical. Here's a step by step guide for setting up Segment for Product Led Growth.
Trimble is a publicly traded company with almost 8,000 employees. They're leveraging a product-led approach to driving expansion and cross-sell. Hear from Anne Hollander, Senior Director of Product Marketing and Growth at Trimble.
Correlated has completed SOC 2 Type 2 compliance as determined by an independent audit. By undergoing SOC 2 Type 2 compliance, any customer or partner that works with Correlated can be confident that we are taking security and privacy very seriously.
If you’re using Hubspot as a CRM but are struggling to make it work for your product-led sales motion, we’ve got good news for you. Our Hubspot CRM integration is now available in Beta!
We’re launching Correlated out of beta with some fantastic initial customers and $8.3 million to build the leading expansion platform for Product Led Revenue.
It’s easy to think that being product-led means that product is the end all be all. Your product should sell itself! Raise your hand ✋ if you know someone who believes this! However, you’re making a mistake if you’re ignoring sales.
Previously, the SaaS sales process was linear, but product led growth is changing that. Read this blog to see the steps sales teams can take to own upsell and cross-sell to drive net dollar retention.
Don't Want to Listen to the Full Session? Here Are the Highlights from the Recent Webcast: "Product Led Revenue Best Practices" Co-Hosted by Correlated Labs' CEO, Tim Geisenheimer and Jorge Soto, the Head of Community at Reprise.
See Why Product-Led-Growth is the Dominant Business Model for Today's Software Companies and How It Impacts Go-To-Market Teams like Sales, Marketing and Customer Success.
PLG CRM is a way for sales and go-to-market teams at product led companies to get insight into all users of their product whether they're on a free plan, trial version, or are paying customers.
Want to see which product signals are driving expansion and upsell at your company? Here are four SQL queries you can use to uncover user insights from your product data for your sales and revenue team.
These are the Three Most Effective Ways We've Seen Sales Teams Use Product Signals to Drive Expansion and Upsell Opportunities.
Is the Rise of Product-Led Growth Leaving Behind Sales and Customer Success Teams? Here's Why Teams Need a Revenue Expansion Platform.
There is a Growing Trend Towards Bottoms-Up Adoption in Enterprise Software. Product Qualified Leads (PQLs) are Becoming Commonplace Metrics to Help Sales Teams Be More Effective at Closing New Deals and Expanding Revenue. What Else Can Sales Teams Do with Product Usage Data?
Know Exactly How Your Top Accounts are Using Your Product (for Better or for worse) in Real Time, Delivered Directly into Slack. Here’s How You Can Find New Customers and Expansion Opportunities with Product Signals Delivered When You Need Them.
Yes, There Are Screenshots. Here Are the Best Performing Emails and Lessons on How to Write Good Sales Emails to Developers, with Examples from Rockset, Auth0 and Datadog.
One of the most important measures for a user’s potential value is how they are using your product. Knowing a bit of SQL can help jumpstart your process towards data-driven decision making.
Here's Your Step-By-Step Guide for Making Data-Driven Decisions at Developer Tools Startups. You'll Learn Things Like: The Basics of How Product Usage and Customer Data is Stored, Pointers on What Tools to Use in Your Data Stack, and Share Thoughts on How to Make Data Actionable for Revenue Teams.
Correlated has completed SOC 2 Type 2 compliance as determined by an independent audit. This means we are following the highest standards of security, privacy and reliability in our product and processes.
Balancing new logos, expansion, and trying to figure out just the right message to send to your product users is a tall order. Let’s dive into the five ways the top sales teams at PLG companies use product data to increase sales and crush their quota.
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