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SaaS Growth: Why Unbounce's Channels Stopped Working

Episode 194 Published 7Β years, 3Β months ago
Description

Unbounce grew from zero to $7 million in five years. Then the channels that built them stopped working. Blogging, webinars, organic content - all lost effectiveness. The real SaaS growth challenge was not getting to $7 million. It was growing SaaS to $20 million when everything that worked before failed. In this episode, Rick Perreault shares the SaaS growth strategy Unbounce used to navigate from 50 to 170 employees and $20M ARR.

Webinars that once drove 30% of customer acquisition became ineffective as the market got crowded. Scaling SaaS past $10M meant finding entirely new channels - paid search, an annual conference with 1,000+ marketers, and benchmark reports. One Unbounce customer did not even know the product supported mobile years after launch, proving that SaaS growth requires relentless over-communication.

Rick Perreault is the co-founder and CEO of Unbounce, a SaaS product that makes it easier to build custom landing pages and improve conversion rates.

πŸ”‘ Key Lessons

  • πŸ“‰ Early channels stop working during SaaS growth past $10M: Unbounce's webinars drove 30% of acquisition in 2014 but became ineffective. Founders must continuously test new channels rather than relying on what worked early.
  • πŸš€ Over-communicate to customers and team during SaaS growth: An Unbounce customer did not know they supported mobile years after launch. Multi-channel, repeated communication is essential both internally and externally.
  • 🀝 Fire fast and stop confusing being nice with accountability: Unbounce founders kept underperformers for years because they were friends. Nearly every person let go went on to thrive and came back grateful.
  • 🏒 Let go of founder control to accelerate SaaS growth strategy: Rick shifted from running daily operations to providing vision. Empowering smart hires produced better results faster than founders trying to control every decision.
  • πŸ’° Invest in customer experience early because it pays off when scaling SaaS gets hard: Unbounce's NPS of approximately 80 meant customers defended them during a full outage. That loyalty came from years of founders answering phones.
  • 🎯 Promote your own product within your content: Unbounce separated thought leadership from product marketing and customers did not know what the product could do. Product promotion inside educational content is informing, not selling.

Chapters

  • Introduction
  • Catching up four years after episode 25
  • Unbounce SaaS growth from $7M to $20M ARR
  • Why content marketing lost its early effectiveness
  • Not promoting the product on their own blog
  • The mobile support perception problem
  • Over-communicating to customers across channels
  • Internal communication challenges at 170 employees
  • New marketing channels - paid search, conferences, benchmarks
  • Competitive landscape and differentiation
  • The annual conference as a marketing channel
  • Customer loyalty during a full site outage
  • What growth channels stopped working
  • The shift to paid search advertising
  • Letting go as founders and empowering executives
  • Hiring great people and firing too slowly
  • Lightning round
  • Wrap-up and contact information

Resources

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