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Pivot to Win David Cancel The Lean Startup @ SXSWi - March 12, 2011 Performable Case Study

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Our Vision for Performable ★ Combine Insights with Actions ★ Built for Marketers not Analysts ★ Powered by a Web-scale CRM ★ Software as a Service, No IT

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Our Vision for Performable ★ Combine Insights with Actions ★ Built for Marketers not Analysts ★ Powered by a Web-scale CRM ★ Software as a Service, No IT “I want Performable to be the Salesforce.com of Internet Marketing”

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First Product Iteration

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First Iteration: What We Learned ★ Automatic optimization didn’t matter ★ Marketers want to customize ★ WYSIWYG experience not gratifying

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Pivot #1

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Pivot #1: What We Learned ★ Supporting customization is hard ★ SMB customers require education ★ Landing pages were “nice-to-have”

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Metrics-Driven Marketers

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Metrics-Driven Marketers ★ Appreciated our platform ★ Willing to pay up-front for solution ★ Heavy daily users of our software

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Pivot #2

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Startup Pivot Lessons Learned

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Customers = Paid

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Search Hard For Patterns

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Move Ghetto Fast

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Solve Customer Problems

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The Real Competition is Indifference NOT Startups

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[email protected] http://twitter.com/dcancel http://www.performable.com/ :-) Thank You!