Blending CRM and web intent data
“So we would take a company's first party data, their CRM system, outbound, or their contacts, known users or known clients and prospects, and their marketing automation, and then marry that with behavioral web data”
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How 6sense Sells $150K Contracts With $1M Rep Quotas and 120% Net RetentionJason Zintak explains how 6sense scaled field sales on a 1 to 1.1 magic number while keeping burn near $1M a month.
Jason Zintak · 6sense
Published February 13, 2024Explore the lesson. Sign in to access the resource library.
Jason Zintak, CEO of 6sense, explains how the account-based sales and marketing platform sells to about 150 customers paying around $150,000 a year, with field reps carrying roughly $1M annual quotas. He breaks down the 1 to 1.1 magic number the company runs at, its 94% gross retention and 120% net retention, and why he is comfortable with about $1M a month in burn.
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“So we would take a company's first party data, their CRM system, outbound, or their contacts, known users or known clients and prospects, and their marketing automation, and then marry that with behavioral web data”
“we had roughly 90% attainment against quotas for the reps, we knew that something was working, and so every next rep that we hired, we were pretty confident it would be productive.”
“you take your current quarter, like, say, Q2 of ARR, you subtract it from your last quarter's ARR, multiply it times four, so you have an annual rate, and then divide it by your last quarter's sales and marketing expense.”
“the more use, the more workflow that we're able to enable in the daily seller and marketer, and have that cross collaboration, the stickier the product gets, which then in turn drives net retention.”
“I tend to do it for eighteen months. And, you know, we're we're constantly trying to bring burn down, and I'm comfortable sort of in measured growth against efficiency.”
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