Victor Ekelund started Albacross, SaaS that tells you who is visiting your site back in 2014.
They have since raised $3.7m and have 000's of customers around the world.
How?
This posts explains...
Like many SaaS businesses,
:
And like many SaaS businesses,
used to have a sub-optimal conversion from free trial to that user adding the required code to their site to track leads: 25%.
This conversion rate has a massive impact on the next stage of the funnel: conversion to a paid customer.
Just like bumpers on a bowling alley guide the ball down to the pins, Albacross erected guidelines for their free trial users to activation.
They start by influencing behavior pre-signup.
Few SaaS customer testimonials include a solid, external metric achieved by the customer, but this one does: 700 cold hard leads generated with Albacross:
Upon login, you get two choices:
I'm assuming here that the majority of people will choose to "Start Getting Leads" so let's dive down that route:
1. This headline breeds confidence by showing the user that they are very close to the thing they want: "new leads"
2. This progress bar also increases confidence by showing the user what they still need to complete
3. If the user gets confused, they can simply book in a demo with a team member
They then send an automated
to those individuals that get to this page, but don't install the code:
Instead of leaving the user to figure out how to activate in a sea of features, Albacross have erected bumpers to guide their free trial users down to activation.
Increasing this conversion rate from 25 to 39%, which will have a drastic impact on the crucial conversion from free trial to paid customer.
In turn, drastically improving their unit economics.
Visualize a bowling alley when you next review your onboarding sequence... what barriers can you erect to minimize the amount of time and steps it takes to activate?