SlideShare une entreprise Scribd logo
1  sur  26
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 1
Developer Buyer Journey
Best Practices
Sam Richard - OpenView Growth Team
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 2
– A DevOps engineer
Why is a frictionless experience critical?
“If I don’t see how the product is going to work for me within 20
minutes, it’s probably not going to work for me”
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 3
Challenges:
• Developer-focused tools can greatly improve new user activation and
conversion by enabling a self-serve buying experience.
• The issue with self-serve can be that you only get a few moments to “wow”
your intended audience.
What OpenView did:
• We spoke with 30+ back end developers on their software buying
behaviors and product onboarding preferences to create best practices for
product teams and designers that build products for developers.
Research background
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 4
A free offering is table stakes Now
PLG
Companies
All
Companies
Free trial offering 74% 45%
Product analytics for decision making 67% 31%
Self-service buying experience 61% 28%
Bottoms-up sales 55% 31%
Product qualified leads 53% 29%
Referral programs 50% 31%
Dedicated growth FTEs 47% 27%
Freemium offering 38% 18%
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 5
Messaging
• Prospects come to each product with a "mental checklist" to complete before getting started
Direction
• Direction is every part of the journey that gets a buyer to the point where they find value in the product
• This includes the website, signup flow, documentation, and value discovery paths like guides and test data
Value
• This is the ‘aha’ moment for a user of the product, where they perceive value in the software
• This moment of value could vary by persona
Human
Touchpoints
• Human Touchpoints are the deployment of sales and support resources to move buyers along their journey
What do developer audiences need to
shape the Ideal buyer’s journey?
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 6
6
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved
Messaging
Building demand with prospects
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 7
Checklist Item Description
Solves Need Users weren’t willing to try a tool out unless it make their “top 3 list” based
“top 3 list” based on the website description.
Social Proof 50% of prospects wanted to see what other companies used the tools we
tools we interviewed them about.
Integrations The developer stack is huge and interconnected. Prospects want to be sure
want to be sure your tool can fit in.
Pricing Buyers at smaller orgs wanted to see a pricing page.
Interviewees come to site with a mental
“checklist” before trying a product
This is why messaging is key
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 8
Prospect Checklist: Solves Need
“So I usually find three products that are in
that same realm. I’ll figure out what they do
better than everybody else and what they do
what the competitors do better than them.” –
Head of Security Ops
“The core question that I'm going to actually
care about... Does this make life easier for
me?” –DevOps Engineer
“I'm not a super technical SE.....It (website)
goes a bit over my head.” -CISO
Snyk has a simple, interactive list of use cases available on their
website. The copy is simple and answers the basic questions of how
the tool works and why it is awesome.
Evidence Recommendation
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 9
Prospect Checklist: Social Proof
Evidence Recommendation
“Oftentimes, I'll go and look at who else uses
them. I know, it kind of sucks for small
companies, but the reality is if I know
someone smarter than me, or more people
than me have verified that this thing is safe.” –
DevOps Engineer
“If I don’t see other companies my size on
their website, I don’t think they’re going to be
able to work for mine.” –CISO
Algolia has customer logos on their website.
We understand that these conversations are challenging with larger
accounts. Ideally, if an account is trying to negotiate a contract,
rather than simply discounting, ask them for logo permission at the
same time.
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 10
Prospect Checklist: Integrations
“How much does it plug other services I
currently use? Can I like, put this in DataDog,
or is this a whole other thing I need to
manage and look at?”
– DevOps Engineer
“The first thing I do whenever I look for any
software, mainly, but specifically in the
security space is I want to know what its API's
are like or their integrations.”
- Site Reliability Engineer
“What CI/CDs does this plug into?” -CISO
Datadog has a rich integrations page
A simpler solution would be to add a tab or section to the website
with a list of existing integrations, or ones that are coming soon.
Evidence Recommendation
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 11
Prospect Checklist: Pricing
“I don't see a pricing tab, which immediately
makes me nervous because... it’s seems like
one of those If you have to ask, you can't
afford it...”
– Site Reliability Engineer
“With tools like this we have to compare why
they’re better than hosting Open Source or
using a worse version from DataDog or
whatever. I like when they can show that and
compare pricing.”
– DevOps Engineer
Logz.io added a price range between their community offering and
their custom offering. This doubled their conversion rate, and most
signups expand to the Enterprise price points.
Evidence Recommendation
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 12
12
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved
Direction
Once someone has signed up, how
can they discover value?
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 13
“The documentation seems straightforward, so I trusted it, but it didn’t tell
me steps to take after the first one.”
“Now that I’ve shipped data to the product, ingesting it is in a totally separate
part of the application and there’s no instructions on how to get there.”
Potential buyers ran
into many hurdles on
where to find things,
or where to go next.
Once in the application, Participants Often didn’t
know what actions to take
“I was expecting a self-serve module that allowed me to take action but ended
up at what feels like a dynamic API document. That was unexpected. I need
more explanation.”
Adding Data to
Product
“I’m so lost here. There's nothing here to tell me to set up the alerts I need.
I'm trying to poke at what this product can do beyond security, but it’s not
clear."
Engaging Deeper
Documentation
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 14
Examples
Datadog Sumo Logic
Users land on a blank page, but the
empty screen provides guidance on
how to select an application and
what you’ll see when you’re done.
Users land on the “learn” page
which has many CTAs, one being a
checklist of what to do to get
started.
Logit.io
Empty screens with no results still
show users how to expand time
range or refine queries, which are
key parts of the Kibana feature.
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 15
15
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved
Value
Get users to realize some value quickly
so they’re committed enough to
manage the heavy lift for the rest of the
set up
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 16
What is the ‘aha moment’?
• This should be the minimum threshold when a customer has seen value
and should be extremely predictive of retention and conversion
• Examples: scheduling your first meeting with Calendly, team of 3+ users
each using Slack on 2 distinct days in the first week
How long does it take for a new user to activate?
• What are the steps required from a user perspective?
• It should ideally happen within 1-2 days of signing up (worst case within a
week)
How will we know whether
a new user has seen value?
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 17
Participants Often Don’t see enough value in
Onboarding to add their own data
During 1:1 interviews, we asked assessors why they would/would not take the heavy lift action, and what
value they perceived they would see from that action
“I would stop at this point (before shipping data
with Lambda) because that’s going to cost me
money and I still don’t know how this tool differs
from what I’m using.”
- 80% of the participants did not care about security of loading data or protecting information
- Only hesitation was level of effort vs. perceived payoff
Feedback
- Some participants shipped data as they felt it would be useful in the assessment (outside pressure)
- Other participants did not ship logs and then wandered around the product with empty screens
Engaging Deeper
Discovery
We know that certain heavy-lift features in the product and deeper usage makes it stickier, increasing
conversion rates.
Problem
Case
“ Right now, it feels like maturity is missing from the
product. Maybe because it’s not heavily populated
with my data, but it looks a little less professional
than the tool I use. It has promises, but it feels a little
raw.”
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 18
Benchmarks & Examples
Pendo
When users go to use a certain feature,
there is a clear CTA, and empty screen
explain why you should use that feature (i.e.
why funnels help product people) and a
picture of that feature in action.
Splunk
Splunk shows users what a full
dashboard would look like and walks
them through the different features that
they can take advantage of if they create
a visualization, like sending them via
email.
Additional Opportunity
Other developer-focused products have
challenges in expressing their value beyond
features. This is an opportunity for you to
stand out among other tools that potential
buyers are evaluating.
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 19
19
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved
Human Touchpoints
When and where to layer in support
and sales
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 20
Users Prefer Self-Serve Documentation over
human Interaction
43%
100%
14%
43%
0%
57%
14%
0%
29%
0%
20%
40%
60%
80%
100%
120%
Chat with Support Self-Serve
Documentation
Sales Demos
I would use this resource
I wouldn't use this resource
I may use this resource
under the right conditions
Do you utilize sales demos or support resources, and how? (% of times cited)
During the interviews, participants were asked how they preferred to interact with sales
and support resources
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 21
Interviewees recall outreach, but still prefer
digital interaction in purchasing
Do you recall outreach from the team
during the duration of your trial?
60%
40%
Yes
No
If you were to purchase this product, what would be your
preferred payment method?
0%
80%
20%
Over the Phone
Adding a Credit Card
I'd like to get an invoice
“The sales representative reached out professionally and promptly. They sent only a couple
emails and were not overly pushy- which is a very good thing. Had I been interested in a
further evaluation or conversation; the outreach would have been exactly what I wished for.”
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 22
Engagement and Support:
Benchmarks & Examples
Datadog
Welcome email gives users
multiple ways to digitally
interact with support
team (email, Slack,
webinars).
Datadog
Users can upgrade from right within the
application, with simple to understand
pricing, and the ability to add a credit
card or talk to sales right from the
application.
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 23
23
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved
Takeaways
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 24
• Prospects come to each product with a "mental checklist" to complete before getting started
Messaging
Direction
• Direction is every part of the journey that gets a buyer to the point where they find value in the
product
• This includes the website, signup flow, documentation, and value discovery paths like guides
and test data
• This is the ‘aha’ moment for a user of the product, where they perceive value in the software
• This moment of value could vary by persona
Human
Touchpoint
s
• Human Touchpoints are the deployment of sales and support resources to move buyers along their
journey
Value
What do developer audiences need to
shape The Ideal buyer’s journey?
This is a key, but often ignored step
Most developers appreciate this,
but don’t feel they need it
Businesses must focus efforts here
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 25
About the author
Director, Growth
sam@ov.vc
Sam Richard focuses on the customer’s journey to
value in freemium and free trail software offerings
with a special interest in Open-Source, Developer-
Focused, and Security tools.
In her work at OpenView, Sam conducts teardowns
of free offerings for prospects and portfolio
companies, interviewing dozens of developers about
their tool and purchasing preferences.
If you have questions or comments about the piece,
please reach out via email or on LinkedIn!
Sam Richard
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 26
26
Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved
Thank You!
Sam Richard - sam@ov.vc

Contenu connexe

Tendances

How to Use Quant and Qual Feedback to Rapidly Improve Your Product
How to Use Quant and Qual Feedback to Rapidly Improve Your ProductHow to Use Quant and Qual Feedback to Rapidly Improve Your Product
How to Use Quant and Qual Feedback to Rapidly Improve Your ProductOptimizely
 
How to make your app last longer than 30 days - Developer's Guide to the Para...
How to make your app last longer than 30 days - Developer's Guide to the Para...How to make your app last longer than 30 days - Developer's Guide to the Para...
How to make your app last longer than 30 days - Developer's Guide to the Para...Caroline Lewko
 
Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...
Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...
Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...Optimizely
 
Option 2015- Getting Started with Optimizely for Mobile
Option 2015- Getting Started with Optimizely for MobileOption 2015- Getting Started with Optimizely for Mobile
Option 2015- Getting Started with Optimizely for MobileOptimizely
 
How We Do It: Proven Website Personalization Strategies
How We Do It: Proven Website Personalization StrategiesHow We Do It: Proven Website Personalization Strategies
How We Do It: Proven Website Personalization StrategiesOptimizely
 
Hiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock edition
Hiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock editionHiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock edition
Hiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock editionSaaStock
 
Mobile App User Experience Myths, Debunked
Mobile App User Experience Myths, DebunkedMobile App User Experience Myths, Debunked
Mobile App User Experience Myths, DebunkedApteligent
 
Madkudu - Product Led Summit - Product Led Onboarding
Madkudu - Product Led Summit - Product Led OnboardingMadkudu - Product Led Summit - Product Led Onboarding
Madkudu - Product Led Summit - Product Led OnboardingFrancis Brero
 
Acquia Insight – the Ultimate Drupal Management Suite
Acquia Insight – the Ultimate Drupal Management SuiteAcquia Insight – the Ultimate Drupal Management Suite
Acquia Insight – the Ultimate Drupal Management SuiteAcquia
 
How does a mobile app fuel up business growth
How does a mobile app fuel up business growthHow does a mobile app fuel up business growth
How does a mobile app fuel up business growthShelly Megan
 
How FOX Tests Everything from Mobile, Web, to Living Room Devices
How FOX Tests Everything from Mobile, Web, to Living Room DevicesHow FOX Tests Everything from Mobile, Web, to Living Room Devices
How FOX Tests Everything from Mobile, Web, to Living Room DevicesOptimizely
 
[Webinar] Innovate Faster by Adopting The Modern Growth Stack
[Webinar] Innovate Faster by Adopting The Modern Growth Stack[Webinar] Innovate Faster by Adopting The Modern Growth Stack
[Webinar] Innovate Faster by Adopting The Modern Growth StackOptimizely
 
Action Nugget Capabilities Deck - May 2012
Action Nugget  Capabilities Deck - May 2012Action Nugget  Capabilities Deck - May 2012
Action Nugget Capabilities Deck - May 2012robertsandler
 
How to be Successful with Responsive Sites (Koombea & NGINX) - English
How to be Successful with Responsive Sites (Koombea & NGINX) - EnglishHow to be Successful with Responsive Sites (Koombea & NGINX) - English
How to be Successful with Responsive Sites (Koombea & NGINX) - EnglishKoombea
 
Opticon 2015 - Getting Started with the Optimizely Developer Platform
Opticon 2015 - Getting Started with the Optimizely Developer PlatformOpticon 2015 - Getting Started with the Optimizely Developer Platform
Opticon 2015 - Getting Started with the Optimizely Developer PlatformOptimizely
 
10 Criteria for Selecting a Mobile Engagement Partner
10 Criteria for Selecting a Mobile Engagement Partner 10 Criteria for Selecting a Mobile Engagement Partner
10 Criteria for Selecting a Mobile Engagement Partner Relay Network
 
Starting Your E-Commerce Platform
Starting Your E-Commerce PlatformStarting Your E-Commerce Platform
Starting Your E-Commerce PlatformBolakale Salau
 

Tendances (20)

How to Use Quant and Qual Feedback to Rapidly Improve Your Product
How to Use Quant and Qual Feedback to Rapidly Improve Your ProductHow to Use Quant and Qual Feedback to Rapidly Improve Your Product
How to Use Quant and Qual Feedback to Rapidly Improve Your Product
 
How to make your app last longer than 30 days - Developer's Guide to the Para...
How to make your app last longer than 30 days - Developer's Guide to the Para...How to make your app last longer than 30 days - Developer's Guide to the Para...
How to make your app last longer than 30 days - Developer's Guide to the Para...
 
Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...
Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...
Outperform Webinar Series: How to Capture Your Customers at the Top of the Fu...
 
Spectrum Stanford 2015
Spectrum Stanford 2015Spectrum Stanford 2015
Spectrum Stanford 2015
 
Option 2015- Getting Started with Optimizely for Mobile
Option 2015- Getting Started with Optimizely for MobileOption 2015- Getting Started with Optimizely for Mobile
Option 2015- Getting Started with Optimizely for Mobile
 
How We Do It: Proven Website Personalization Strategies
How We Do It: Proven Website Personalization StrategiesHow We Do It: Proven Website Personalization Strategies
How We Do It: Proven Website Personalization Strategies
 
Hiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock edition
Hiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock editionHiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock edition
Hiten Shah & Patrick Campbell - Tradeoffs live! SaaSstock edition
 
Mobile App User Experience Myths, Debunked
Mobile App User Experience Myths, DebunkedMobile App User Experience Myths, Debunked
Mobile App User Experience Myths, Debunked
 
Madkudu - Product Led Summit - Product Led Onboarding
Madkudu - Product Led Summit - Product Led OnboardingMadkudu - Product Led Summit - Product Led Onboarding
Madkudu - Product Led Summit - Product Led Onboarding
 
Acquia Insight – the Ultimate Drupal Management Suite
Acquia Insight – the Ultimate Drupal Management SuiteAcquia Insight – the Ultimate Drupal Management Suite
Acquia Insight – the Ultimate Drupal Management Suite
 
How does a mobile app fuel up business growth
How does a mobile app fuel up business growthHow does a mobile app fuel up business growth
How does a mobile app fuel up business growth
 
How FOX Tests Everything from Mobile, Web, to Living Room Devices
How FOX Tests Everything from Mobile, Web, to Living Room DevicesHow FOX Tests Everything from Mobile, Web, to Living Room Devices
How FOX Tests Everything from Mobile, Web, to Living Room Devices
 
[Webinar] Innovate Faster by Adopting The Modern Growth Stack
[Webinar] Innovate Faster by Adopting The Modern Growth Stack[Webinar] Innovate Faster by Adopting The Modern Growth Stack
[Webinar] Innovate Faster by Adopting The Modern Growth Stack
 
Melewi UX audit
Melewi UX auditMelewi UX audit
Melewi UX audit
 
Action Nugget Capabilities Deck - May 2012
Action Nugget  Capabilities Deck - May 2012Action Nugget  Capabilities Deck - May 2012
Action Nugget Capabilities Deck - May 2012
 
How to be Successful with Responsive Sites (Koombea & NGINX) - English
How to be Successful with Responsive Sites (Koombea & NGINX) - EnglishHow to be Successful with Responsive Sites (Koombea & NGINX) - English
How to be Successful with Responsive Sites (Koombea & NGINX) - English
 
Opticon 2015 - Getting Started with the Optimizely Developer Platform
Opticon 2015 - Getting Started with the Optimizely Developer PlatformOpticon 2015 - Getting Started with the Optimizely Developer Platform
Opticon 2015 - Getting Started with the Optimizely Developer Platform
 
10 Criteria for Selecting a Mobile Engagement Partner
10 Criteria for Selecting a Mobile Engagement Partner 10 Criteria for Selecting a Mobile Engagement Partner
10 Criteria for Selecting a Mobile Engagement Partner
 
BizDevbox Columbia Univ 2020
BizDevbox Columbia Univ 2020BizDevbox Columbia Univ 2020
BizDevbox Columbia Univ 2020
 
Starting Your E-Commerce Platform
Starting Your E-Commerce PlatformStarting Your E-Commerce Platform
Starting Your E-Commerce Platform
 

Similaire à Developer Buyer Journey Best Practices

Developer Documentation Best Practices
Developer Documentation Best PracticesDeveloper Documentation Best Practices
Developer Documentation Best PracticesOpenView
 
Your API: A Big Enough Box of Crayons?
Your API: A Big Enough Box of Crayons?Your API: A Big Enough Box of Crayons?
Your API: A Big Enough Box of Crayons?Peter Coffee
 
Rapid Prototyping and Usability Testing - HUXPA
Rapid Prototyping and Usability Testing - HUXPARapid Prototyping and Usability Testing - HUXPA
Rapid Prototyping and Usability Testing - HUXPADerrick Bowen
 
A Holistic View of Complex Systems and Organizational Change
A Holistic View of Complex Systems and Organizational ChangeA Holistic View of Complex Systems and Organizational Change
A Holistic View of Complex Systems and Organizational ChangeTechWell
 
Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...
Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...
Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...Enterprise Ireland
 
Top Web Development Challenges & How To Tackle Them?
Top Web Development Challenges & How To Tackle Them?Top Web Development Challenges & How To Tackle Them?
Top Web Development Challenges & How To Tackle Them?Pixel Crayons
 
How to Choose a Perfect Java Software Development Company
How to Choose a Perfect Java Software Development CompanyHow to Choose a Perfect Java Software Development Company
How to Choose a Perfect Java Software Development CompanyNarola Infotech
 
The Agile BA (Business Analyst)
The Agile BA (Business Analyst)The Agile BA (Business Analyst)
The Agile BA (Business Analyst)Quang Ngoc
 
"Open" includes users - Leverage their input
"Open" includes users - Leverage their input"Open" includes users - Leverage their input
"Open" includes users - Leverage their inputRandy Earl
 
7 Key Questions to Ask Your Prospective Tech Agency
7 Key Questions to Ask Your Prospective Tech Agency7 Key Questions to Ask Your Prospective Tech Agency
7 Key Questions to Ask Your Prospective Tech AgencyKoombea
 
Test Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with ExperimentationTest Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with ExperimentationOptimizely
 
Highest quality code in your SaaS project. Why should you care about it as a ...
Highest quality code in your SaaS project. Why should you care about it as a ...Highest quality code in your SaaS project. Why should you care about it as a ...
Highest quality code in your SaaS project. Why should you care about it as a ...The Codest
 
Learn How to Maximize Your ServiceNow Investment
Learn How to Maximize Your ServiceNow InvestmentLearn How to Maximize Your ServiceNow Investment
Learn How to Maximize Your ServiceNow InvestmentStave
 
UserZoom & Key Lime Interactive Healthcare Webinar
UserZoom & Key Lime Interactive Healthcare WebinarUserZoom & Key Lime Interactive Healthcare Webinar
UserZoom & Key Lime Interactive Healthcare WebinarUserZoom
 
Whitepaper: Ten Benefits of Integrated ALM
Whitepaper: Ten Benefits of Integrated ALMWhitepaper: Ten Benefits of Integrated ALM
Whitepaper: Ten Benefits of Integrated ALMKovair
 
Data driven approaches in a technology startup
Data driven approaches in a technology startupData driven approaches in a technology startup
Data driven approaches in a technology startupRakuten Group, Inc.
 
Best Practices for API Adoption
Best Practices for API AdoptionBest Practices for API Adoption
Best Practices for API AdoptionAnyPresence
 
MVP (Minimum Viable Product) Readiness | Boost Labs
MVP (Minimum Viable Product) Readiness | Boost LabsMVP (Minimum Viable Product) Readiness | Boost Labs
MVP (Minimum Viable Product) Readiness | Boost LabsBoost Labs
 

Similaire à Developer Buyer Journey Best Practices (20)

Developer Documentation Best Practices
Developer Documentation Best PracticesDeveloper Documentation Best Practices
Developer Documentation Best Practices
 
Your API: A Big Enough Box of Crayons?
Your API: A Big Enough Box of Crayons?Your API: A Big Enough Box of Crayons?
Your API: A Big Enough Box of Crayons?
 
Rapid Prototyping and Usability Testing - HUXPA
Rapid Prototyping and Usability Testing - HUXPARapid Prototyping and Usability Testing - HUXPA
Rapid Prototyping and Usability Testing - HUXPA
 
A Holistic View of Complex Systems and Organizational Change
A Holistic View of Complex Systems and Organizational ChangeA Holistic View of Complex Systems and Organizational Change
A Holistic View of Complex Systems and Organizational Change
 
Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...
Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...
Why most websites fail and how you can make sure yours doesn't| Gareth Dunlop...
 
Top Web Development Challenges & How To Tackle Them?
Top Web Development Challenges & How To Tackle Them?Top Web Development Challenges & How To Tackle Them?
Top Web Development Challenges & How To Tackle Them?
 
How to Choose a Perfect Java Software Development Company
How to Choose a Perfect Java Software Development CompanyHow to Choose a Perfect Java Software Development Company
How to Choose a Perfect Java Software Development Company
 
The Agile BA (Business Analyst)
The Agile BA (Business Analyst)The Agile BA (Business Analyst)
The Agile BA (Business Analyst)
 
"Open" includes users - Leverage their input
"Open" includes users - Leverage their input"Open" includes users - Leverage their input
"Open" includes users - Leverage their input
 
7 Key Questions to Ask Your Prospective Tech Agency
7 Key Questions to Ask Your Prospective Tech Agency7 Key Questions to Ask Your Prospective Tech Agency
7 Key Questions to Ask Your Prospective Tech Agency
 
Agile user story mapping
Agile user story mappingAgile user story mapping
Agile user story mapping
 
Test Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with ExperimentationTest Everything: TrustRadius Delivers Customer Value with Experimentation
Test Everything: TrustRadius Delivers Customer Value with Experimentation
 
Highest quality code in your SaaS project. Why should you care about it as a ...
Highest quality code in your SaaS project. Why should you care about it as a ...Highest quality code in your SaaS project. Why should you care about it as a ...
Highest quality code in your SaaS project. Why should you care about it as a ...
 
AgilkeMK_Testing2.1
AgilkeMK_Testing2.1AgilkeMK_Testing2.1
AgilkeMK_Testing2.1
 
Learn How to Maximize Your ServiceNow Investment
Learn How to Maximize Your ServiceNow InvestmentLearn How to Maximize Your ServiceNow Investment
Learn How to Maximize Your ServiceNow Investment
 
UserZoom & Key Lime Interactive Healthcare Webinar
UserZoom & Key Lime Interactive Healthcare WebinarUserZoom & Key Lime Interactive Healthcare Webinar
UserZoom & Key Lime Interactive Healthcare Webinar
 
Whitepaper: Ten Benefits of Integrated ALM
Whitepaper: Ten Benefits of Integrated ALMWhitepaper: Ten Benefits of Integrated ALM
Whitepaper: Ten Benefits of Integrated ALM
 
Data driven approaches in a technology startup
Data driven approaches in a technology startupData driven approaches in a technology startup
Data driven approaches in a technology startup
 
Best Practices for API Adoption
Best Practices for API AdoptionBest Practices for API Adoption
Best Practices for API Adoption
 
MVP (Minimum Viable Product) Readiness | Boost Labs
MVP (Minimum Viable Product) Readiness | Boost LabsMVP (Minimum Viable Product) Readiness | Boost Labs
MVP (Minimum Viable Product) Readiness | Boost Labs
 

Plus de OpenView

How to Scale with Usage-Based Pricing with Kyle Poyar from OpenView
How to Scale with Usage-Based Pricing with Kyle Poyar from OpenViewHow to Scale with Usage-Based Pricing with Kyle Poyar from OpenView
How to Scale with Usage-Based Pricing with Kyle Poyar from OpenViewOpenView
 
Investment Bank Overview from OpenView
Investment Bank Overview from OpenViewInvestment Bank Overview from OpenView
Investment Bank Overview from OpenViewOpenView
 
2022 Venture Debt Guide from OpenView
2022 Venture Debt Guide from OpenView2022 Venture Debt Guide from OpenView
2022 Venture Debt Guide from OpenViewOpenView
 
11 PLG Principles for the Age of Connected Work from OpenView
11 PLG Principles for the Age of Connected Work from OpenView11 PLG Principles for the Age of Connected Work from OpenView
11 PLG Principles for the Age of Connected Work from OpenViewOpenView
 
Inventing Product-Led Growth
Inventing Product-Led GrowthInventing Product-Led Growth
Inventing Product-Led GrowthOpenView
 
PLG SaaS Camp - Openview - Feb 2021
PLG  SaaS Camp - Openview - Feb 2021PLG  SaaS Camp - Openview - Feb 2021
PLG SaaS Camp - Openview - Feb 2021OpenView
 
How Organizations Can Focus Sales for Maximum Impact
How Organizations Can Focus Sales for Maximum ImpactHow Organizations Can Focus Sales for Maximum Impact
How Organizations Can Focus Sales for Maximum ImpactOpenView
 
The Recession Planning Framework for Startups
The Recession Planning Framework for StartupsThe Recession Planning Framework for Startups
The Recession Planning Framework for StartupsOpenView
 
Customer Health Scoring Best Practices
Customer Health Scoring Best PracticesCustomer Health Scoring Best Practices
Customer Health Scoring Best PracticesOpenView
 
2019 Expansion SaaS Benchmarks
2019 Expansion SaaS Benchmarks2019 Expansion SaaS Benchmarks
2019 Expansion SaaS BenchmarksOpenView
 
2019 Expansion SaaS Benchmarks Report
2019 Expansion SaaS Benchmarks Report2019 Expansion SaaS Benchmarks Report
2019 Expansion SaaS Benchmarks ReportOpenView
 
The Future of B2B Growth is Product Led - Latitude59
The Future of B2B Growth is Product Led - Latitude59The Future of B2B Growth is Product Led - Latitude59
The Future of B2B Growth is Product Led - Latitude59OpenView
 
The Future of B2B Growth is Product Led
The Future of B2B Growth is Product LedThe Future of B2B Growth is Product Led
The Future of B2B Growth is Product LedOpenView
 
The Future of SaaS is Product Led. Are You Ready?
The Future of SaaS is Product Led. Are You Ready? The Future of SaaS is Product Led. Are You Ready?
The Future of SaaS is Product Led. Are You Ready? OpenView
 
Unlocking Scale Through Pricing
Unlocking Scale Through PricingUnlocking Scale Through Pricing
Unlocking Scale Through PricingOpenView
 
What the Heck is Product Led Growth?
What the Heck is Product Led Growth?What the Heck is Product Led Growth?
What the Heck is Product Led Growth?OpenView
 
How to Fix your Broken Pricing Model
How to Fix your Broken Pricing ModelHow to Fix your Broken Pricing Model
How to Fix your Broken Pricing ModelOpenView
 
How Small Teams Can Build Powerful Content Engines
How Small Teams Can Build Powerful Content Engines How Small Teams Can Build Powerful Content Engines
How Small Teams Can Build Powerful Content Engines OpenView
 
Mastering SaaS Pricing
Mastering SaaS PricingMastering SaaS Pricing
Mastering SaaS PricingOpenView
 
2018 Expansion SaaS Benchmarks
2018 Expansion SaaS Benchmarks2018 Expansion SaaS Benchmarks
2018 Expansion SaaS BenchmarksOpenView
 

Plus de OpenView (20)

How to Scale with Usage-Based Pricing with Kyle Poyar from OpenView
How to Scale with Usage-Based Pricing with Kyle Poyar from OpenViewHow to Scale with Usage-Based Pricing with Kyle Poyar from OpenView
How to Scale with Usage-Based Pricing with Kyle Poyar from OpenView
 
Investment Bank Overview from OpenView
Investment Bank Overview from OpenViewInvestment Bank Overview from OpenView
Investment Bank Overview from OpenView
 
2022 Venture Debt Guide from OpenView
2022 Venture Debt Guide from OpenView2022 Venture Debt Guide from OpenView
2022 Venture Debt Guide from OpenView
 
11 PLG Principles for the Age of Connected Work from OpenView
11 PLG Principles for the Age of Connected Work from OpenView11 PLG Principles for the Age of Connected Work from OpenView
11 PLG Principles for the Age of Connected Work from OpenView
 
Inventing Product-Led Growth
Inventing Product-Led GrowthInventing Product-Led Growth
Inventing Product-Led Growth
 
PLG SaaS Camp - Openview - Feb 2021
PLG  SaaS Camp - Openview - Feb 2021PLG  SaaS Camp - Openview - Feb 2021
PLG SaaS Camp - Openview - Feb 2021
 
How Organizations Can Focus Sales for Maximum Impact
How Organizations Can Focus Sales for Maximum ImpactHow Organizations Can Focus Sales for Maximum Impact
How Organizations Can Focus Sales for Maximum Impact
 
The Recession Planning Framework for Startups
The Recession Planning Framework for StartupsThe Recession Planning Framework for Startups
The Recession Planning Framework for Startups
 
Customer Health Scoring Best Practices
Customer Health Scoring Best PracticesCustomer Health Scoring Best Practices
Customer Health Scoring Best Practices
 
2019 Expansion SaaS Benchmarks
2019 Expansion SaaS Benchmarks2019 Expansion SaaS Benchmarks
2019 Expansion SaaS Benchmarks
 
2019 Expansion SaaS Benchmarks Report
2019 Expansion SaaS Benchmarks Report2019 Expansion SaaS Benchmarks Report
2019 Expansion SaaS Benchmarks Report
 
The Future of B2B Growth is Product Led - Latitude59
The Future of B2B Growth is Product Led - Latitude59The Future of B2B Growth is Product Led - Latitude59
The Future of B2B Growth is Product Led - Latitude59
 
The Future of B2B Growth is Product Led
The Future of B2B Growth is Product LedThe Future of B2B Growth is Product Led
The Future of B2B Growth is Product Led
 
The Future of SaaS is Product Led. Are You Ready?
The Future of SaaS is Product Led. Are You Ready? The Future of SaaS is Product Led. Are You Ready?
The Future of SaaS is Product Led. Are You Ready?
 
Unlocking Scale Through Pricing
Unlocking Scale Through PricingUnlocking Scale Through Pricing
Unlocking Scale Through Pricing
 
What the Heck is Product Led Growth?
What the Heck is Product Led Growth?What the Heck is Product Led Growth?
What the Heck is Product Led Growth?
 
How to Fix your Broken Pricing Model
How to Fix your Broken Pricing ModelHow to Fix your Broken Pricing Model
How to Fix your Broken Pricing Model
 
How Small Teams Can Build Powerful Content Engines
How Small Teams Can Build Powerful Content Engines How Small Teams Can Build Powerful Content Engines
How Small Teams Can Build Powerful Content Engines
 
Mastering SaaS Pricing
Mastering SaaS PricingMastering SaaS Pricing
Mastering SaaS Pricing
 
2018 Expansion SaaS Benchmarks
2018 Expansion SaaS Benchmarks2018 Expansion SaaS Benchmarks
2018 Expansion SaaS Benchmarks
 

Dernier

Class 1 | NFPA 72 | Overview Fire Alarm System
Class 1 | NFPA 72 | Overview Fire Alarm SystemClass 1 | NFPA 72 | Overview Fire Alarm System
Class 1 | NFPA 72 | Overview Fire Alarm Systemirfanmechengr
 
Why does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsync
Why does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsyncWhy does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsync
Why does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsyncssuser2ae721
 
Electronically Controlled suspensions system .pdf
Electronically Controlled suspensions system .pdfElectronically Controlled suspensions system .pdf
Electronically Controlled suspensions system .pdfme23b1001
 
INFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETE
INFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETEINFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETE
INFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETEroselinkalist12
 
CCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdf
CCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdfCCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdf
CCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdfAsst.prof M.Gokilavani
 
Arduino_CSE ece ppt for working and principal of arduino.ppt
Arduino_CSE ece ppt for working and principal of arduino.pptArduino_CSE ece ppt for working and principal of arduino.ppt
Arduino_CSE ece ppt for working and principal of arduino.pptSAURABHKUMAR892774
 
lifi-technology with integration of IOT.pptx
lifi-technology with integration of IOT.pptxlifi-technology with integration of IOT.pptx
lifi-technology with integration of IOT.pptxsomshekarkn64
 
Solving The Right Triangles PowerPoint 2.ppt
Solving The Right Triangles PowerPoint 2.pptSolving The Right Triangles PowerPoint 2.ppt
Solving The Right Triangles PowerPoint 2.pptJasonTagapanGulla
 
Sachpazis Costas: Geotechnical Engineering: A student's Perspective Introduction
Sachpazis Costas: Geotechnical Engineering: A student's Perspective IntroductionSachpazis Costas: Geotechnical Engineering: A student's Perspective Introduction
Sachpazis Costas: Geotechnical Engineering: A student's Perspective IntroductionDr.Costas Sachpazis
 
Gurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort service
Gurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort serviceGurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort service
Gurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort servicejennyeacort
 
Earthing details of Electrical Substation
Earthing details of Electrical SubstationEarthing details of Electrical Substation
Earthing details of Electrical Substationstephanwindworld
 
CCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdf
CCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdfCCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdf
CCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdfAsst.prof M.Gokilavani
 
computer application and construction management
computer application and construction managementcomputer application and construction management
computer application and construction managementMariconPadriquez1
 
Risk Assessment For Installation of Drainage Pipes.pdf
Risk Assessment For Installation of Drainage Pipes.pdfRisk Assessment For Installation of Drainage Pipes.pdf
Risk Assessment For Installation of Drainage Pipes.pdfROCENODodongVILLACER
 
IVE Industry Focused Event - Defence Sector 2024
IVE Industry Focused Event - Defence Sector 2024IVE Industry Focused Event - Defence Sector 2024
IVE Industry Focused Event - Defence Sector 2024Mark Billinghurst
 
welding defects observed during the welding
welding defects observed during the weldingwelding defects observed during the welding
welding defects observed during the weldingMuhammadUzairLiaqat
 
Work Experience-Dalton Park.pptxfvvvvvvv
Work Experience-Dalton Park.pptxfvvvvvvvWork Experience-Dalton Park.pptxfvvvvvvv
Work Experience-Dalton Park.pptxfvvvvvvvLewisJB
 

Dernier (20)

Class 1 | NFPA 72 | Overview Fire Alarm System
Class 1 | NFPA 72 | Overview Fire Alarm SystemClass 1 | NFPA 72 | Overview Fire Alarm System
Class 1 | NFPA 72 | Overview Fire Alarm System
 
Why does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsync
Why does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsyncWhy does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsync
Why does (not) Kafka need fsync: Eliminating tail latency spikes caused by fsync
 
Electronically Controlled suspensions system .pdf
Electronically Controlled suspensions system .pdfElectronically Controlled suspensions system .pdf
Electronically Controlled suspensions system .pdf
 
INFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETE
INFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETEINFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETE
INFLUENCE OF NANOSILICA ON THE PROPERTIES OF CONCRETE
 
CCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdf
CCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdfCCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdf
CCS355 Neural Networks & Deep Learning Unit 1 PDF notes with Question bank .pdf
 
Arduino_CSE ece ppt for working and principal of arduino.ppt
Arduino_CSE ece ppt for working and principal of arduino.pptArduino_CSE ece ppt for working and principal of arduino.ppt
Arduino_CSE ece ppt for working and principal of arduino.ppt
 
lifi-technology with integration of IOT.pptx
lifi-technology with integration of IOT.pptxlifi-technology with integration of IOT.pptx
lifi-technology with integration of IOT.pptx
 
young call girls in Rajiv Chowk🔝 9953056974 🔝 Delhi escort Service
young call girls in Rajiv Chowk🔝 9953056974 🔝 Delhi escort Serviceyoung call girls in Rajiv Chowk🔝 9953056974 🔝 Delhi escort Service
young call girls in Rajiv Chowk🔝 9953056974 🔝 Delhi escort Service
 
Solving The Right Triangles PowerPoint 2.ppt
Solving The Right Triangles PowerPoint 2.pptSolving The Right Triangles PowerPoint 2.ppt
Solving The Right Triangles PowerPoint 2.ppt
 
Sachpazis Costas: Geotechnical Engineering: A student's Perspective Introduction
Sachpazis Costas: Geotechnical Engineering: A student's Perspective IntroductionSachpazis Costas: Geotechnical Engineering: A student's Perspective Introduction
Sachpazis Costas: Geotechnical Engineering: A student's Perspective Introduction
 
Gurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort service
Gurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort serviceGurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort service
Gurgaon ✡️9711147426✨Call In girls Gurgaon Sector 51 escort service
 
Earthing details of Electrical Substation
Earthing details of Electrical SubstationEarthing details of Electrical Substation
Earthing details of Electrical Substation
 
CCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdf
CCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdfCCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdf
CCS355 Neural Network & Deep Learning UNIT III notes and Question bank .pdf
 
computer application and construction management
computer application and construction managementcomputer application and construction management
computer application and construction management
 
young call girls in Green Park🔝 9953056974 🔝 escort Service
young call girls in Green Park🔝 9953056974 🔝 escort Serviceyoung call girls in Green Park🔝 9953056974 🔝 escort Service
young call girls in Green Park🔝 9953056974 🔝 escort Service
 
Risk Assessment For Installation of Drainage Pipes.pdf
Risk Assessment For Installation of Drainage Pipes.pdfRisk Assessment For Installation of Drainage Pipes.pdf
Risk Assessment For Installation of Drainage Pipes.pdf
 
IVE Industry Focused Event - Defence Sector 2024
IVE Industry Focused Event - Defence Sector 2024IVE Industry Focused Event - Defence Sector 2024
IVE Industry Focused Event - Defence Sector 2024
 
9953056974 Call Girls In South Ex, Escorts (Delhi) NCR.pdf
9953056974 Call Girls In South Ex, Escorts (Delhi) NCR.pdf9953056974 Call Girls In South Ex, Escorts (Delhi) NCR.pdf
9953056974 Call Girls In South Ex, Escorts (Delhi) NCR.pdf
 
welding defects observed during the welding
welding defects observed during the weldingwelding defects observed during the welding
welding defects observed during the welding
 
Work Experience-Dalton Park.pptxfvvvvvvv
Work Experience-Dalton Park.pptxfvvvvvvvWork Experience-Dalton Park.pptxfvvvvvvv
Work Experience-Dalton Park.pptxfvvvvvvv
 

Developer Buyer Journey Best Practices

  • 1. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 1 Developer Buyer Journey Best Practices Sam Richard - OpenView Growth Team
  • 2. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 2 – A DevOps engineer Why is a frictionless experience critical? “If I don’t see how the product is going to work for me within 20 minutes, it’s probably not going to work for me”
  • 3. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 3 Challenges: • Developer-focused tools can greatly improve new user activation and conversion by enabling a self-serve buying experience. • The issue with self-serve can be that you only get a few moments to “wow” your intended audience. What OpenView did: • We spoke with 30+ back end developers on their software buying behaviors and product onboarding preferences to create best practices for product teams and designers that build products for developers. Research background
  • 4. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 4 A free offering is table stakes Now PLG Companies All Companies Free trial offering 74% 45% Product analytics for decision making 67% 31% Self-service buying experience 61% 28% Bottoms-up sales 55% 31% Product qualified leads 53% 29% Referral programs 50% 31% Dedicated growth FTEs 47% 27% Freemium offering 38% 18%
  • 5. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 5 Messaging • Prospects come to each product with a "mental checklist" to complete before getting started Direction • Direction is every part of the journey that gets a buyer to the point where they find value in the product • This includes the website, signup flow, documentation, and value discovery paths like guides and test data Value • This is the ‘aha’ moment for a user of the product, where they perceive value in the software • This moment of value could vary by persona Human Touchpoints • Human Touchpoints are the deployment of sales and support resources to move buyers along their journey What do developer audiences need to shape the Ideal buyer’s journey?
  • 6. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 6 6 Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved Messaging Building demand with prospects
  • 7. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 7 Checklist Item Description Solves Need Users weren’t willing to try a tool out unless it make their “top 3 list” based “top 3 list” based on the website description. Social Proof 50% of prospects wanted to see what other companies used the tools we tools we interviewed them about. Integrations The developer stack is huge and interconnected. Prospects want to be sure want to be sure your tool can fit in. Pricing Buyers at smaller orgs wanted to see a pricing page. Interviewees come to site with a mental “checklist” before trying a product This is why messaging is key
  • 8. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 8 Prospect Checklist: Solves Need “So I usually find three products that are in that same realm. I’ll figure out what they do better than everybody else and what they do what the competitors do better than them.” – Head of Security Ops “The core question that I'm going to actually care about... Does this make life easier for me?” –DevOps Engineer “I'm not a super technical SE.....It (website) goes a bit over my head.” -CISO Snyk has a simple, interactive list of use cases available on their website. The copy is simple and answers the basic questions of how the tool works and why it is awesome. Evidence Recommendation
  • 9. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 9 Prospect Checklist: Social Proof Evidence Recommendation “Oftentimes, I'll go and look at who else uses them. I know, it kind of sucks for small companies, but the reality is if I know someone smarter than me, or more people than me have verified that this thing is safe.” – DevOps Engineer “If I don’t see other companies my size on their website, I don’t think they’re going to be able to work for mine.” –CISO Algolia has customer logos on their website. We understand that these conversations are challenging with larger accounts. Ideally, if an account is trying to negotiate a contract, rather than simply discounting, ask them for logo permission at the same time.
  • 10. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 10 Prospect Checklist: Integrations “How much does it plug other services I currently use? Can I like, put this in DataDog, or is this a whole other thing I need to manage and look at?” – DevOps Engineer “The first thing I do whenever I look for any software, mainly, but specifically in the security space is I want to know what its API's are like or their integrations.” - Site Reliability Engineer “What CI/CDs does this plug into?” -CISO Datadog has a rich integrations page A simpler solution would be to add a tab or section to the website with a list of existing integrations, or ones that are coming soon. Evidence Recommendation
  • 11. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 11 Prospect Checklist: Pricing “I don't see a pricing tab, which immediately makes me nervous because... it’s seems like one of those If you have to ask, you can't afford it...” – Site Reliability Engineer “With tools like this we have to compare why they’re better than hosting Open Source or using a worse version from DataDog or whatever. I like when they can show that and compare pricing.” – DevOps Engineer Logz.io added a price range between their community offering and their custom offering. This doubled their conversion rate, and most signups expand to the Enterprise price points. Evidence Recommendation
  • 12. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 12 12 Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved Direction Once someone has signed up, how can they discover value?
  • 13. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 13 “The documentation seems straightforward, so I trusted it, but it didn’t tell me steps to take after the first one.” “Now that I’ve shipped data to the product, ingesting it is in a totally separate part of the application and there’s no instructions on how to get there.” Potential buyers ran into many hurdles on where to find things, or where to go next. Once in the application, Participants Often didn’t know what actions to take “I was expecting a self-serve module that allowed me to take action but ended up at what feels like a dynamic API document. That was unexpected. I need more explanation.” Adding Data to Product “I’m so lost here. There's nothing here to tell me to set up the alerts I need. I'm trying to poke at what this product can do beyond security, but it’s not clear." Engaging Deeper Documentation
  • 14. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 14 Examples Datadog Sumo Logic Users land on a blank page, but the empty screen provides guidance on how to select an application and what you’ll see when you’re done. Users land on the “learn” page which has many CTAs, one being a checklist of what to do to get started. Logit.io Empty screens with no results still show users how to expand time range or refine queries, which are key parts of the Kibana feature.
  • 15. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 15 15 Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved Value Get users to realize some value quickly so they’re committed enough to manage the heavy lift for the rest of the set up
  • 16. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 16 What is the ‘aha moment’? • This should be the minimum threshold when a customer has seen value and should be extremely predictive of retention and conversion • Examples: scheduling your first meeting with Calendly, team of 3+ users each using Slack on 2 distinct days in the first week How long does it take for a new user to activate? • What are the steps required from a user perspective? • It should ideally happen within 1-2 days of signing up (worst case within a week) How will we know whether a new user has seen value?
  • 17. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 17 Participants Often Don’t see enough value in Onboarding to add their own data During 1:1 interviews, we asked assessors why they would/would not take the heavy lift action, and what value they perceived they would see from that action “I would stop at this point (before shipping data with Lambda) because that’s going to cost me money and I still don’t know how this tool differs from what I’m using.” - 80% of the participants did not care about security of loading data or protecting information - Only hesitation was level of effort vs. perceived payoff Feedback - Some participants shipped data as they felt it would be useful in the assessment (outside pressure) - Other participants did not ship logs and then wandered around the product with empty screens Engaging Deeper Discovery We know that certain heavy-lift features in the product and deeper usage makes it stickier, increasing conversion rates. Problem Case “ Right now, it feels like maturity is missing from the product. Maybe because it’s not heavily populated with my data, but it looks a little less professional than the tool I use. It has promises, but it feels a little raw.”
  • 18. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 18 Benchmarks & Examples Pendo When users go to use a certain feature, there is a clear CTA, and empty screen explain why you should use that feature (i.e. why funnels help product people) and a picture of that feature in action. Splunk Splunk shows users what a full dashboard would look like and walks them through the different features that they can take advantage of if they create a visualization, like sending them via email. Additional Opportunity Other developer-focused products have challenges in expressing their value beyond features. This is an opportunity for you to stand out among other tools that potential buyers are evaluating.
  • 19. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 19 19 Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved Human Touchpoints When and where to layer in support and sales
  • 20. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 20 Users Prefer Self-Serve Documentation over human Interaction 43% 100% 14% 43% 0% 57% 14% 0% 29% 0% 20% 40% 60% 80% 100% 120% Chat with Support Self-Serve Documentation Sales Demos I would use this resource I wouldn't use this resource I may use this resource under the right conditions Do you utilize sales demos or support resources, and how? (% of times cited) During the interviews, participants were asked how they preferred to interact with sales and support resources
  • 21. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 21 Interviewees recall outreach, but still prefer digital interaction in purchasing Do you recall outreach from the team during the duration of your trial? 60% 40% Yes No If you were to purchase this product, what would be your preferred payment method? 0% 80% 20% Over the Phone Adding a Credit Card I'd like to get an invoice “The sales representative reached out professionally and promptly. They sent only a couple emails and were not overly pushy- which is a very good thing. Had I been interested in a further evaluation or conversation; the outreach would have been exactly what I wished for.”
  • 22. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 22 Engagement and Support: Benchmarks & Examples Datadog Welcome email gives users multiple ways to digitally interact with support team (email, Slack, webinars). Datadog Users can upgrade from right within the application, with simple to understand pricing, and the ability to add a credit card or talk to sales right from the application.
  • 23. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 23 23 Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved Takeaways
  • 24. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 24 • Prospects come to each product with a "mental checklist" to complete before getting started Messaging Direction • Direction is every part of the journey that gets a buyer to the point where they find value in the product • This includes the website, signup flow, documentation, and value discovery paths like guides and test data • This is the ‘aha’ moment for a user of the product, where they perceive value in the software • This moment of value could vary by persona Human Touchpoint s • Human Touchpoints are the deployment of sales and support resources to move buyers along their journey Value What do developer audiences need to shape The Ideal buyer’s journey? This is a key, but often ignored step Most developers appreciate this, but don’t feel they need it Businesses must focus efforts here
  • 25. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 25 About the author Director, Growth sam@ov.vc Sam Richard focuses on the customer’s journey to value in freemium and free trail software offerings with a special interest in Open-Source, Developer- Focused, and Security tools. In her work at OpenView, Sam conducts teardowns of free offerings for prospects and portfolio companies, interviewing dozens of developers about their tool and purchasing preferences. If you have questions or comments about the piece, please reach out via email or on LinkedIn! Sam Richard
  • 26. Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved 26 26 Proprietary and Confidential ©2021 OpenView Advisors, LLC. All Rights Reserved Thank You! Sam Richard - sam@ov.vc