Deal Story

SaaSam closed a deal for $240k to the Operations department

This Deal was supposed to be 360k and close middle of last month. But, client changed it's process for allocating funds and what should have been 2 weeks turned into 5. By the time the money was ready to be sent, renegotiations needed to take place because of increases in our costs for one part of this deal.


We ended up just dropping the second portion of the deal and moving forward with 240k.


Good news is the rest of the month is pure gravy as this deal unlocked my renewals of which I have over 500k so far.

23
jefe
Arsonist
4
๐Ÿ
Congrats and welcome back!
SaaSam
Politicker
1
Account Executive
Thanks! Good to be back
AnchorPoint
Politicker
2
Business Coach
Congrats! @SaaSam
SaaSam
Politicker
0
Account Executive
Thanks!
Mobi85
Politicker
2
Regional Sales Manager
Congratulations
SaaSam
Politicker
0
Account Executive
Thanks!
sisepuede
Member
2
Area Director
100% of zero is nothing... 75% of 240K sets the rest of the month up!
SaaSam
Politicker
1
Account Executive
I love that saying. Use it all of the time when people complain about small deals and waste a lot of time chasing whales and missing quota.
CuriousFox
WR Officer
2
๐ŸฆŠ
Congrats
SaaSam
Politicker
1
Account Executive
Thank ya Ms. Fox
Fenderbaum
Politicker
2
Retired Choirboy๐Ÿช•
Congrats! @SaaSam
SaaSam
Politicker
1
Account Executive
Thanks!
Sunbunny31
Politicker
2
Sr Sales Executive ๐Ÿฐ
Congratulations!
SaaSam
Politicker
0
Account Executive
Thankulations
RckChlkG33k
Big Shot
2
AE (Account Executive)
I see y'all putting up big numbers like this with relatively short sales cycles. What's the trick to getting these kinds of deals done quickly?

I'm in a Manufacturing SaaS AE role, and our deals seem to take a minimum of 9 months to go through.
SaaSam
Politicker
2
Account Executive
A lot of it is going to depend on your industry and the complexity of what it is you are selling. The more folks that need to weigh in, the more time it will take to close.

I sell to law firms so if I'm talking to the head honcho sometimes they'll make a decision in a couple of weeks. It helps when your decision maker is also very well versed in the law. Makes them more comfortable slapping their name on a contract and sending the money. My thinking is that it is because in the back of their minds they always plan to sue you if you screw them over anyways.
SADNES5
Politicker
1
down voters are marketing spies
Congrats! @SaaSam
SaaSam
Politicker
0
Account Executive
Thanks!
HappyGilmore
Politicker
1
Account Executive
Congrats! @SaaSam
SaaSam
Politicker
1
Account Executive
Thanks Happy. How's Chubbs?
HappyGilmore
Politicker
1
Account Executive
Chubbs is good RIP Chubbs
Gasty
Notable Contributor
1
War Room Community Manager
Killin it @SaaSam
SaaSam
Politicker
0
Account Executive
Aw shucks
antiASKHOLE
Tycoon
1
Bravado's Resident Asshole
congrats @SaaSam
sellingsellssold
Politicker
1
SDR
Congrats! @SaaSam
DungeonsNDemos
Big Shot
1
Rolling 20's all day
Congrats! Still a solid close
ThatNewAE
Big Shot
1
Account Executive - Mid enterprise
Wow, amazing ! Congrats!
MR.StretchISR
Politicker
1
ISR
Congrats! @SaaSam
Diablo
Politicker
1
Sr. AE
Congrats! @SaaSam
sugardaddy
Politicker
0
๐Ÿฌ
Congrats on that. Really good!
Maximas
Tycoon
0
Senior Sales Executive
Congrats!
CadenceCombat
Tycoon
0
Account Executive
right on!!
26
Members only
Deal Story
SaasyRaRa closed a deal for $11.4k to the Operations department
Sold internal infrastructure platform to a real estate group in FL (24 W2s, 50-60 1099 agents). My SDR was clutch- she had the CEO, Director of Ops, and Compliance Mger all on my first call. The group ...
Say congrats!
Ca
Ma
Ho
+23
23
Members only
Deal Story
TheNegotiator closed a deal for $122k to the Operations department
Easiest deal Iโ€™ve ever closed. Site operations want what we have - or the promise of what we have - because the end product isnโ€™t ready. They just got acquired by a larger conglomerate and want to ...
Say congrats!
Ca
Cy
Mr
+21
21
Members only
Deal Story
SaaSam closed a deal for $100k to the Operations department
This deal took me way less than the usual 3-6 months at about a month and a half. Started off with a focus on one product and out of no where took a totally different direction. With all kinds of spe...
Say congrats!
Ca
Ma
Ho
+16