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blog.freshsales.io/pandadoc-growth-10-million/
Jared Fuller
VP of Sales - PandaDoc
How PandaDoc grew
from $1 million to $10
million in 2 years
Secret Sauce to Sales by Freshsales features top
sales leaders across industries and gives you inside
access to their sales methodologies.
http://blog.freshsales.io/category/secret-sauce-to-sales/
The Secret Sauce to
Sales series
blog.freshsales.io/pandadoc-growth-10-million/
VP of Sales and Business Development -
PandaDoc.
Founder of multiple startups, including JobHive (hiring
automation software).
Listed in Entrepreneur.com’s 10 Most Innovative
Sales Leaders in 2017.
About
Jared Fuller
blog.freshsales.io/pandadoc-growth-10-million/
blog.freshsales.io/pandadoc-growth-10-million/
Jared’s initial months
at PandaDoc
blog.freshsales.io/pandadoc-growth-10-million/
I focused on building the partner ecosystem—
integrations with a bunch of different CRM software
along with the co-marketing and GTM activities around
this.
In less than a year, we became the #1 CRM
integration partner with about six different CRM
software.
We built all these relationships from scratch—cold emails to
subsequently having HubSpot and Microsoft invest in our Series B
funding.
blog.freshsales.io/pandadoc-growth-10-million/
The Channel Sales
Program at PandaDoc
blog.freshsales.io/pandadoc-growth-10-million/
In any channel partner program, there are three key
stakeholders—the product, the partner, and their
customer. We chose to focus on our partners and build
our strategy to optimize for their growth.
In short, the most important thing to focus on
when you’re starting a channel program is
the services that your partners are going to
need to sell to become successful.
blog.freshsales.io/pandadoc-growth-10-million/
blog.freshsales.io/pandadoc-growth-10-million/
If you’re an early-stage company, channel sales is not a hack.
It’s an investment. It’s a multi-year investment. If you’re not willing to
commit to investing in a channel strategy, I would say, don’t do it.
blog.freshsales.io/pandadoc-growth-10-million/
PandaDoc’s
growth story
blog.freshsales.io/pandadoc-growth-10-million/
Within the first two years you triple, and the next three
years you double—that’s the Silicon Valley magic
number. Also known as T2D3, this determines the
mechanics of your annualized revenue growth in SaaS.
We’re in the doubling phase now and hitting $10M
ARR this year. In 2018, we intend to replicate this
growth.
Recognition for PandaDoc
blog.freshsales.io/pandadoc-growth-10-million/
“Sales and Marketing can win the battle,
but product always wins the war.”
Jared Fuller
VP of Sales, PandaDoc
blog.freshsales.io/pandadoc-growth-10-million/
Opening of PandaDoc’s East Coast HQ in St. Petersburg Florida
Graduation ceremony of an apprentice
3 Things to look out for
in new hires
blog.freshsales.io/pandadoc-growth-10-million/
#1 A lot of failures.
#2 A hunger to learn.
#3 Respect and attempt to master the craft of sales.
Halloween 2017 @ PandaDoc
Common
sales objections
$
blog.freshsales.io/pandadoc-growth-10-million/
Time and price. “It’s not the right time”, or “It’s too
expensive”. You have to know how to recognize these
false objections.
These are false objections. You’re lied to because
you didn’t traverse the first four gateways of sales
successfully.
blog.freshsales.io/pandadoc-growth-10-million/
Opening of a discovery call
AxNOT: Call opening
● Appreciate you taking the time for today’s call.
● x = time → “We have 30 minutes scheduled to speak today—does that still work for you? Remember to
listen to their response, and adjust your call if necessary)
● Naturally, you will have questions for me about my company….
● Obviously, I have questions for you about your team and goals to understand if we could help.
● Typically, this call will end with us determining next steps in the evaluation, or if at any point you realize
this is not going to be a good fit, will you please interrupt me to let me know?
blog.freshsales.io/pandadoc-growth-10-million/
Discovery Call Framework - Winning by Design
Favorite
productivity hack
blog.freshsales.io/pandadoc-growth-10-million/
Email reminders—they are the best. Example, action
and time-based reminders that alert me if a prospect
has not replied in x number of days.
Three metrics to
always track
blog.freshsales.io/pandadoc-growth-10-million/
1. Opportunities booked.
2. Number of new leads.
3. Sales-accepted leads.
Recommended sales reads
blog.freshsales.io/pandadoc-growth-10-million/
Freshsales is a sales CRM built to help you stop
juggling between multiple tools. With Freshsales CRM,
your team can now use AI-based lead scoring, built-in
phone, email, activity capture, and more.
The Secret Sauce to
Sales series
Bringing you the to crush sales
blog.freshsales.io/pandadoc-growth-10-million/

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How PandaDoc grew from $1 million to $10 million in 2 years - Secret Sauce to Sales

  • 1. blog.freshsales.io/pandadoc-growth-10-million/ Jared Fuller VP of Sales - PandaDoc How PandaDoc grew from $1 million to $10 million in 2 years
  • 2. Secret Sauce to Sales by Freshsales features top sales leaders across industries and gives you inside access to their sales methodologies. http://blog.freshsales.io/category/secret-sauce-to-sales/ The Secret Sauce to Sales series blog.freshsales.io/pandadoc-growth-10-million/
  • 3. VP of Sales and Business Development - PandaDoc. Founder of multiple startups, including JobHive (hiring automation software). Listed in Entrepreneur.com’s 10 Most Innovative Sales Leaders in 2017. About Jared Fuller blog.freshsales.io/pandadoc-growth-10-million/
  • 5. Jared’s initial months at PandaDoc blog.freshsales.io/pandadoc-growth-10-million/ I focused on building the partner ecosystem— integrations with a bunch of different CRM software along with the co-marketing and GTM activities around this. In less than a year, we became the #1 CRM integration partner with about six different CRM software.
  • 6. We built all these relationships from scratch—cold emails to subsequently having HubSpot and Microsoft invest in our Series B funding. blog.freshsales.io/pandadoc-growth-10-million/
  • 7.
  • 8. The Channel Sales Program at PandaDoc blog.freshsales.io/pandadoc-growth-10-million/ In any channel partner program, there are three key stakeholders—the product, the partner, and their customer. We chose to focus on our partners and build our strategy to optimize for their growth.
  • 9. In short, the most important thing to focus on when you’re starting a channel program is the services that your partners are going to need to sell to become successful. blog.freshsales.io/pandadoc-growth-10-million/
  • 11. If you’re an early-stage company, channel sales is not a hack. It’s an investment. It’s a multi-year investment. If you’re not willing to commit to investing in a channel strategy, I would say, don’t do it. blog.freshsales.io/pandadoc-growth-10-million/
  • 12. PandaDoc’s growth story blog.freshsales.io/pandadoc-growth-10-million/ Within the first two years you triple, and the next three years you double—that’s the Silicon Valley magic number. Also known as T2D3, this determines the mechanics of your annualized revenue growth in SaaS. We’re in the doubling phase now and hitting $10M ARR this year. In 2018, we intend to replicate this growth.
  • 14. “Sales and Marketing can win the battle, but product always wins the war.” Jared Fuller VP of Sales, PandaDoc blog.freshsales.io/pandadoc-growth-10-million/
  • 15. Opening of PandaDoc’s East Coast HQ in St. Petersburg Florida
  • 16. Graduation ceremony of an apprentice
  • 17. 3 Things to look out for in new hires blog.freshsales.io/pandadoc-growth-10-million/ #1 A lot of failures. #2 A hunger to learn. #3 Respect and attempt to master the craft of sales.
  • 18. Halloween 2017 @ PandaDoc
  • 19. Common sales objections $ blog.freshsales.io/pandadoc-growth-10-million/ Time and price. “It’s not the right time”, or “It’s too expensive”. You have to know how to recognize these false objections. These are false objections. You’re lied to because you didn’t traverse the first four gateways of sales successfully.
  • 21. Opening of a discovery call AxNOT: Call opening ● Appreciate you taking the time for today’s call. ● x = time → “We have 30 minutes scheduled to speak today—does that still work for you? Remember to listen to their response, and adjust your call if necessary) ● Naturally, you will have questions for me about my company…. ● Obviously, I have questions for you about your team and goals to understand if we could help. ● Typically, this call will end with us determining next steps in the evaluation, or if at any point you realize this is not going to be a good fit, will you please interrupt me to let me know? blog.freshsales.io/pandadoc-growth-10-million/
  • 22. Discovery Call Framework - Winning by Design
  • 23. Favorite productivity hack blog.freshsales.io/pandadoc-growth-10-million/ Email reminders—they are the best. Example, action and time-based reminders that alert me if a prospect has not replied in x number of days.
  • 24. Three metrics to always track blog.freshsales.io/pandadoc-growth-10-million/ 1. Opportunities booked. 2. Number of new leads. 3. Sales-accepted leads.
  • 26. Freshsales is a sales CRM built to help you stop juggling between multiple tools. With Freshsales CRM, your team can now use AI-based lead scoring, built-in phone, email, activity capture, and more. The Secret Sauce to Sales series Bringing you the to crush sales blog.freshsales.io/pandadoc-growth-10-million/