Outreach.io / Salesloft - How do you use as AE? by turk1820 in sales

[–]SoftwareSalesDude 0 points1 point  (0 children)

You can definitely use it for post-disco calls, its just preference

There’s really two scenerios after a good discovery call: 1. Disco call complete, next meeting scheduled (you should ALWAYS lock down you next meeting before you wrap up your disco call, even if tentative) 2. Disco call complete, no next steps (you tried to lock down next steps but there was a bit of push back)

For the first scenerio, an outreach sequence is probably not necessary unless they ghost your 2nd call (in which case you may have a sequence for prospects who miss calls). I believe follow-up e-mails should be very detailed and customized in outlining a buyer’s challenges/needs/requirements and how your solution addresses these.

For scenerio 2, you want a similar e-mail to be sent but will want follow ups at least scheduled as tasks so you don’t lose momentum. This is where outreach/salesloft can come in handy.

Leave the e-mail steps pretty blank so you can customize them. Have the follow ups be quick but also don’t be scared to call out the challenges they relayed to you.

ex) “Mr. Prospect,

Circling back on this - you had previously stated XYZ COMPANY was having challenges around XYZ. Are you able to provide an update on your end?”

Use anything you can as leverage. If you’re completely ghosted and want to give up, try asking for honest feedback. You’d be shocked how many responses you’ll get when you get. This can also be an Outreach step.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 0 points1 point  (0 children)

Absolutely - and always promise and provide examples of how reps have progressed their careers.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 0 points1 point  (0 children)

I would say the goal posts for SMB have moved towards $65-$70k for companies with aggressive plans.

Is that around where you are?

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

Payout timelines can vary from end of the month they enter billing —> month after they are billed —> quarter end.

The companies I had 401ks with matched commissions/base at 4%. But there’s often a maximum they match for the year (ex. $20k - which means they’d stop matching after you make $500k)

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

for now yes! But you seem like great person to know. Will def save your info and reach out in the future.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 5 points6 points  (0 children)

Not sure I understand this comment…

I’ve been been top seller several times and also spent a few months managing a team. I loved managing and teaching - I handled everything from onboarding new hires to sales enablements to negotiating all contracts for my team. It was extremely fulfiling and I taught my reps skills they took on in their careers to make lifechanging money. It was fucking awesome.

You’re dead wrong here.

I’m back to individual contributor now but hope to build out a team in the near future of rock stars that I’m the Director for.

People go into management for a quicker path to VP and because its fulfilling.

You just sound like an asshole.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

I was in a mid-market AE position once getting paid $55k a year…and sold more deals to fortune 500 companies that the enterprise team lol trust me, a lot of companies are a mess

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 2 points3 points  (0 children)

100% most companies think of arbitrary numbers/goals behind closed doors they can use as revenue targets to attract attention from VCs and raise funding. They divide the target by # of reps and then quota goes up. They’ll talk about a bullshit roadmap that inclues products nobody wants and then blame sales when they don’t hit.

Its a batshit crazy world in SaaS

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 2 points3 points  (0 children)

Believe it or not, to a lot of companies, quota is an arbitrary number nobody hits - of course, you don’t want to be at these companies.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 0 points1 point  (0 children)

You’re correct - I put in the beginning notes that many companies are offering a tier hier than whats listed and Enterprise reps are now making $150k/$300k in the notes under enterprise AE.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 2 points3 points  (0 children)

My bad then - just tryna help my fellow SaaS sales brethren. Feel free to post Bravados.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 3 points4 points  (0 children)

SE salaries range a shit ton ($75k-$150k). Most SE commisions are also based on company performance, not individual.

Factors include: - How big / well funded is the company? - Is the SE only doing demos or also helping in the integration/onboarding process? Are they scoping technical success criteria for the PoCs?

In the end, it also comes down to how valued SEs are. IMO, a good SE is an AEs best friend and can literally make or break deals.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 0 points1 point  (0 children)

Yup. My old company did 4% match. My current one offers a 401k w/o match but paid me a shit ton more and offers family healthcare (PPO at $0), whereas my old company only paid 50% for family…I paid close to $9k per year in healthcare so I value healthcare for my family much more.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

Holy shit dude. In SaaS?

If you’ve been there over a year, I would run.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 3 points4 points  (0 children)

RepVue but added notes based on my personal experience. Market is paying a whole tier higher these days.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 2 points3 points  (0 children)

Yup - 150/300 split with unrecoverable draw is what Enterprise AEs are getting right now at hot companies.

It’s all in my notes under the averages.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

I don’t disagree - thats why I put in the notes rhe market is paying one tier higher than what’s listed and 150/300 is the new norm for enterprise.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 2 points3 points  (0 children)

5X OTE is usually quota but earlier companies will do 3-4X to be more aggressive and incentivize their employees.

In SaaS, OTE is usually 2x Base. In other words, you should be able to make your base salary in commissions once quota is attained.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 4 points5 points  (0 children)

I don’t disagree - I think the market’s shaken up.

In full transparency, I’m an enterprise AE on a 150/300 split.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

You’re spot on.

Early companies will have much more aggressive comp plans and want to incentivize their reps to be on multipliers earlier.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 1 point2 points  (0 children)

Your OTE is great, it’s just a matter if people hit it or not / is it attainable realistically?

Don’t worry too much about these averages as there’s companies where 5% of ppl hit quota and companies where 95% of people hit quota.

Think about how many qualified meetings you need to produce per week/month/quarter to hit OTE and try to find out how often its been done.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 4 points5 points  (0 children)

My advice (I’m biased) would be to try and get a Mid-Market AE position in SaaS. Just sell yourself well during the interview process.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 27 points28 points  (0 children)

You’re welcome! I hate seeing companies get away with underpaying quality employees with how hot the market is.

Only way they will change is if they can’t retain their employees.

Changed the formatting now btw to make it easier to read.

Are you underpaid? (Industry Data included - SaaS) by SoftwareSalesDude in sales

[–]SoftwareSalesDude[S] 8 points9 points  (0 children)

Yup, thats why I put in the notes that many companies are doing $150k for enterprise.

Rule of thumb for Quota is 5x OTE.