SaaS Backwards - Reverse Engineering SaaS Success

Ep. 112 - Stumbling onto SaaS Product-Market Fit by Accident – with Morten Poulsen, CEO of Plytix

March 01, 2024 Ken Lempit Season 3 Episode 12
Ep. 112 - Stumbling onto SaaS Product-Market Fit by Accident – with Morten Poulsen, CEO of Plytix
SaaS Backwards - Reverse Engineering SaaS Success
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SaaS Backwards - Reverse Engineering SaaS Success
Ep. 112 - Stumbling onto SaaS Product-Market Fit by Accident – with Morten Poulsen, CEO of Plytix
Mar 01, 2024 Season 3 Episode 12
Ken Lempit

Originally, the founders of Plytix set out to create an analytics platform for e-commerce that measured the performance of a product (instead of a website) so brands could see how end users interact with them, even when sold on a third-party website. 

But even after positive early traction and investment, they were stalled—many of the brands didn’t have their product information at the ready.

So, they built a simple source of truth—a Product Information Management (PIM) so they could get access to the product information that they needed. 

As it turns out, that was the larger need from SMBs—a PIM they could afford. 

After realizing the broader market opportunity, Plytix leaders made some hard choices and pivoted. 

This episode of SaaS Backwards is ideal for SaaS CEOs and CMOs looking to accelerate growth and enhance profitability, especially those interested in PIM systems for small and medium-sized businesses.

Key takeaways from this episode:

  • The nuances of being a European-based SaaS targeting the US market
  • The importance of understanding the customer creation engine before implementing an attribution model
  • The challenges of scaling beyond the ceiling of just in-market leads


Other resources to check out:

Interview with Vinay Bhagat, Founder and CEO of TrustRadius who publishes a yearly report about how B2B buyer behavior is changing.

The Lead Gen Mistake I Guarantee You’re Making – how to create content that better identifies intent from today’s b2b buyer.

And, if you want an outside look at your content with actionable advice, take advantage of our Content Audit. Valued at $20K in free consulting.

---

Is your messaging a sales ally or sneaky saboteur? Let us help with our free messaging audit.

We’ll look at your website’s messaging, content, and conversion potential from the eyes of today’s buyer and deliver a presentation with new combinations to more sales conversations and demos.

And the best part? It’s absolutely free.

Get started today!

Show Notes

Originally, the founders of Plytix set out to create an analytics platform for e-commerce that measured the performance of a product (instead of a website) so brands could see how end users interact with them, even when sold on a third-party website. 

But even after positive early traction and investment, they were stalled—many of the brands didn’t have their product information at the ready.

So, they built a simple source of truth—a Product Information Management (PIM) so they could get access to the product information that they needed. 

As it turns out, that was the larger need from SMBs—a PIM they could afford. 

After realizing the broader market opportunity, Plytix leaders made some hard choices and pivoted. 

This episode of SaaS Backwards is ideal for SaaS CEOs and CMOs looking to accelerate growth and enhance profitability, especially those interested in PIM systems for small and medium-sized businesses.

Key takeaways from this episode:

  • The nuances of being a European-based SaaS targeting the US market
  • The importance of understanding the customer creation engine before implementing an attribution model
  • The challenges of scaling beyond the ceiling of just in-market leads


Other resources to check out:

Interview with Vinay Bhagat, Founder and CEO of TrustRadius who publishes a yearly report about how B2B buyer behavior is changing.

The Lead Gen Mistake I Guarantee You’re Making – how to create content that better identifies intent from today’s b2b buyer.

And, if you want an outside look at your content with actionable advice, take advantage of our Content Audit. Valued at $20K in free consulting.

---

Is your messaging a sales ally or sneaky saboteur? Let us help with our free messaging audit.

We’ll look at your website’s messaging, content, and conversion potential from the eyes of today’s buyer and deliver a presentation with new combinations to more sales conversations and demos.

And the best part? It’s absolutely free.

Get started today!