8 keys to building a successful SaaS like Salesforce

Here' is the model inspiring Najar and winning over investors!

- Recurring revenue (ARR) = stable and predictable income πŸ“…
- Partner ecosystem to build a strong network and outsource sales teams 🀝
- Automation to maximize productivity and reduce costs βš™οΈ
- Upsell & cross-sell to increase customer value and "lifetime value" πŸ’°
- Focus on user experience = guaranteed retention ⭐
- Scalability: a well-designed SaaS can scale quickly with minimal operational adjustments πŸ“ˆ
- Data-driven approach: use data to improve products and adjust sales and marketing strategies 🧠
- Continuous innovation: maintain a competitive edge by integrating the latest technologies (e.g., AI) πŸ€–

πŸš€ Let’s take Najar as an example, fresh off a €15M fundraising round! πŸ‘
- 180 active clients, B2B focus, targeting companies with 100-5K employees (e.g., Deezer, Sorare, ManoMano) 🎯
- 50% of the funds to triple their R&D budget πŸ’‘ + 30% for Sales + 20% for Marketing
- Product = SaaS procurement automation & optimization πŸ’»
- Promise: Up to €1M in savings! πŸ’°
- Goal: Become the Salesforce of procurement in the next 2 years πŸ†

https://www.lesechos.fr/pme-regions/innovateurs/najar-leve-15-millions-pour-sa-technologie-qui-rationalise-la-gestion-des-achats-en-entreprise-2125576#utm_source=newsletter&utm_medium=email&utm_email_type=retention&utm_campaign=lec_startup&utm_email_send_date=20241016

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