Remove customer prospect
article thumbnail

A guide for finding product-market fit

Lenny's Newsletter

In B2B, it normally takes two years to start feeling product-market fit Here’s an overview of how long it took 24 of today’s top B2B startups to get to (1) a live product, (2) their first customer, and (3) their first feeling of PMF: The median time from idea to feeling product-market fit was roughly 2 years.

CPO 145
article thumbnail

How Metadata Fundamentally Changed My Approach to B2B Marketing

Metadata

Seriously: our lead-to-conversion rate increased by 15X and our cost per opportunity (CPO) went from $40k to $800. Not only were qualified prospects filling our pipeline, but they were coming in at a great price. Remember: Our lead-to-conversion rate went from around 2% to more than 30%, while our CPO went from $40k to around $800.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to find and win your first 10 B2B customers

Lenny's Newsletter

A surprising number of founders found their early customers by putting out compelling content online and first building a following. For your first set of customers, trust is the key. How to find and win your first 10 customers 1. Do any fit your ideal customer profile? Art by Natalie Harney.

article thumbnail

Is paid social advertising still worth it in 2023?

Metadata

Hey, maybe I just didn’t have the chops to catch our customers’ attention on LinkedIn. Our benchmark report found the average cost per opportunity (CPO) on LinkedIn and Facebook to be $3,162.89 Your CPL or CPO after a few campaigns are just your benchmarks. My next move? I hired an agency. I was okay admitting that.

article thumbnail

Stop Struggling, Start Experimenting: How to Think About Your Paid Ad Experiments

Metadata

And…what if I told you we have native customer data to prove it. Here’s the ROI on $80M of spend by Metadata customers running experiments Here’s a bold claim we’re proud to stand by: our customers reap the benefits of paid ad experimentation no matter how many experiments they run. It’s not luck—it’s science. 101-500 4.3X

article thumbnail

B2B Paid Social Benchmarks: What We Learned From $15M in Spend on Facebook and LinkedIn

Metadata

To find out what’s working, we looked at what’s working for our own customers. Our customers run the gamut from software to manufacturing to services—each with their own unique demand models. Our customers run the gamut from software to manufacturing to services—each with their own unique demand models. Cost per lead.

article thumbnail

Driving Innovation in a Down Market: Insights from a Savvy Mega SKO Panel

LeanData

Atrium’s Jason Heidma served as the moderator, directing questions toward LeanData CEO Evan Liang, Salesloft CPO Ellie Fields and Candor IQ CEO Haris Ikram. Customer-Driven Innovation Customers and prospects provide a wealth of product ideas, but feeding those ideas into your product roadmap requires a strategic approach.