Listen "Making it big in the ‘niche’ of RFP management"
Episode Synopsis
Ganesh Shankar started RFPIO scratching his own itch along with A J Sunder(Co-founder & CPO) and Sankar Lagudu (Co-founder & COO). During his stint as a product manager Ganesh had to fill out responses to the RFPs which ended up as a time consuming and frustrating process. When the trio looked out for solutions they found out that it’s a broken process and that there are no solid solutions existing in the market which got them to start RFPIO. What started as a niche product addressing one particular process later goes on to become a category leader in RFP management used by 250k+ users.Tune in to the episode with Suresh and Ganesh to take a journey on RFPIOs growth from serving SMBs to Enterprises, No Concentration Strategy, leveraging Customer Advisory Board, a peek into the interesting culture at RFPIO which includes GTTTD, S4, GIT and the like, and how all these comes into play in building a category leaderKey take aways5:51 - Genesis of RFPIO9:57 - Founding team formation11:48 - Deciding who to be the CEO15:57 - Product pricing19:51 - GTM approach22:05 - ICP & Outbound sales23:51 - Funds raised26:46 - Org structure27:36 - Hiring scene in US & India28:08 - Customer funded business33:16 - Getting the first customers, the journey from SMB to Enterprise, price evolution35:42 - No concentration strategy36:52 - GTDDD37:26 - Sales team’s influence on other teams37:59 - Sales team compensation structure changes41:14 - Customer advisory board45:26 - Sales and implementation partners47:32 - Culture building52:15 - Inputs to founders on networking and fundraising54:24 - One of the top mistakes doneHappy listening!
More episodes of the podcast SaaSBoomi
Using Growth Marketing & GenAI to Generate 10K+ Leads a Month! | Marketing Nation Podcast E4
04/03/2024
GTM Blueprint for Emerging Markets, Sachin Bhatia Exotel, Founder's Deep Dive E23: SaaSBoomi Podcast
13/12/2023
ICP Truth Bombs - Aditya Tulsian, Chargebee | Founder's Deep Dive E22 | SaaSBoomi Podcast
22/11/2023
The Magic of Account Based Marketing - Ankit Oberoi, Zelto | Marketing Nation E3 | SaasBoomi Podcast
26/10/2023
Hidden Power: Process of Marketing - Maansi Sanghi, iMocha | Marketing Nation E2 | SaaSBoomi Podcast
09/08/2023
ZARZA We are Zarza, the prestigious firm behind major projects in information technology.