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SaaS by Niko - Partnership Playbook

  • Long Version
    • This SaaS Growth Strategy is Perfect For You If You …
      • Just launched your SaaS
      • Have paying customers
      • 100% commitment… you’re all in!
      • Coachability
    • This Strategy is Not For
      • Non-Founders
      • Selling Digital Products (Courses)
      • E-Commerce, Lead Gen, Agencies
      • People who aren’t working on their product full time
    • If you’ve achieved initial traction, I can help you scale-up to record-breaking MRR faster.
    • But you must be ALL-IN, because reaching $5K/Mo is HARD.
    • First, let’s square something away.
    • Most founders do not charge enough.
    • Most founders do not charge enough.
    • Most founders do not charge enough.
    • We’ll talk about pricing later, but if you are struggling with Price, DM a link to your SaaS and I’ll tell you what I would pay based on the VALUE that I receive.
    • So you
      • Have paying customers.
      • Raised your prices.
      • And you want to hit $5k/mo
    • Let’s talk about
    • 1) The Grand Slam Offer
    • If you haven’t read, Alex Hormozi’s $100M Offers, here’s a summary of his thoughts on offers:
    • No offer? No biz. No life.
    • Bad offer? Negative profit. No biz. Miserable life.
    • Decent offer? No profit. Stagnating biz. Stagnating life.
    • Good offer? Some profit. Okay biz. Okay life.
    • Grand Slam Offer? Fantastic profit. Insane biz. Freedom.
    • As I mentioned before, you should be selling your products or services based on VALUE.
    • This is where the Grand Slam Offer comes in.
    • Its an offer that can't be compared to any other product or service available
    • It combines the following:
      • an attractive promotion
      • an unmatchable value proposition
      • a premium price
      • an unbeatable guarantee
      • a money model that allows you to get paid to get new customers
    • Create Your Grand Slam Offer
    • Step 1 - Identify dream outcomes
      • Make a list of the dream outcomes people in your chosen market have.
      • Don't sell the plane ticket, sell the vacation.
    • Step 2 - List out problems
      • Write down as many problems your customers might face that you can think of.
      • Do your best to list for every type of customer you might have.
    • Step 3 - List solutions
      • For all those problems you just listed, list out solutions for every single one.
      • List them as how-tos. For example:
      • Problem: Takes too much time to think of content ideas
      • Solution: How to think of 1000 content ideas in minutes
    • (Extra: Use this for Ad Copy, Landing Page Copy, Twitter Content)
    • Step 4 - Create Your Solutions Vehicle
      • Now you have a big 'ol list of solutions to your customer’s problems.
      • This is what you're selling.
      • You should be trying to solve every possible problem your customer might have.
    • Step 5 - Trim and Stack
      • Now take all those lists and cherry-pick the ones that are highly valuable and are easy for you to do.
      • These come together into a high-value deliverable. It should be jam-packed with solutions.
    • Your customer should think, "Wow, I really get all that?"
    • I’ll provide a Grand Slam Offer later on, but first:
    • (2) Cold Outreach for Partnerships
    • Here, I do a fair amount of research.
    • I start by Googling for Influencers in my niche that have built Discord Communities (paid or unpaid)
    • I’ll join their free trials and check out the engagement.
    • Now, open Google sheets and make a list of your top 10 or 20 influencers (the more you gather the better). I like to put these in order of engagement.
    • Now it’s time for the outreach:
    • Think of your strategy as your first date with the influencer. Don’t ask them out on a date and then immediately ask if they could buy dinner. Often companies will reach out offering to send their product, at no cost, BUT, ask for a post or shout out. Plain and simple: Don’t do this.
    • Without them ever hearing about your SaaS, your outreach to them is their first impression.
    • This brings up the core philosophy of influencer relationships and product seeding:
    • BUILD THE RELATIONSHIP ON GIVING, NOT ASKING.
    • The way I like to add value is by White Labelling a digital product that they can offer to their communities FREE (A How-To Guide for example) My SaaS, which I haven’t shared publicly, is in the Finance/Investment Niche. People who have Discord Communities (especially paying members) are the same clients I NEED.
    • By first adding value to this influencers and later providing a Grand Slam Offer, I have made partnerships that have taken my SaaS from $0 to $5k/mo in August.
    • This same strategy will take me from $5k/mo to $25k/mo.
    • After adding value to and building a relationship with the founder of a community, it’s time to share your grand slam offer.
    • Your offer might include
      • providing lead generation to his community at no cost
      • providing him passive income on every SaaS customer he sends your way
      • Providing a less than Pro version of your SaaS as a free add-on to his community
      • By adding value to a community in your niche and getting hundreds of potential customers using your product, you will force product market fit and create a feedback loop to improve the features of your product.
      • Through just one partnership, you can increase your MRR from $0 to $5k/mo and beyond and it COSTS YOU $0 IN AD SPEND. It’s simple, not easy - meaning the process is straightforward, but execution is hard.