We've expanded on the Mural Consulting SaaS Key Success Factors to include a series of measurements / metrics that Service Providers and ISVs alike can use to track (and therefore manage) the most critical elements of their business (as far as succeeding in SaaS). I can't post it as a PDF here, so if you'd like a copy, ship me an email to andrew.brooks@muralventures.com and I'll send along. Here's an excerpt of some content:
A SaaS Web-Driven Business Model does not imply that the business is solely web-based. Rather, the model uses the web as a fundamental tool for all of the communications and conversations with customers in the areas of: demand generation, marketing, selling, ordering, provisioning & support and subsequent customer-to-customer referrals. Centralize the web for your SaaS business by focusing on the following goals:
· Create Self-Service Markets of One – An effective web presence is designed to speak to the unique needs of the smallest possible market. This niche, micro-market or ‘long tail’ approach transforms the web into a series of uniquely baited ‘hooks’, where the bait, the fishing depth and the time of day are exactly tailored to satisfy hundreds of distinct needs. Each hook will typically take the form of a unique and tailored landing page directed at a specific industry, customer need, or campaign theme.
· Ensure Post-Sales is as Simple as Pre-Sale – Many Service Providers focus on the web as a pre-sales, collateral or lead generation tool only, and then allow post-sale provisioning, activation, support and referral functions to suffer with respect to usability and appearance. When technical implementation over-rules the customer experience the Service Provider loses all of the power of the web as a post-sale tool for up-sell and viral marketing.
Measuring Success
The success and effectiveness of a SaaS Web-Driven Business strategy is measured against metrics like:
· An increase in conversion rates
· An increase in customer referrals
· A reduction in the cost of customer acquisition
· An increase in customer activation rates