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4 Ways to Grow Your SaaS Business

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The number of companies selling software as a service online has drastically increased over the past few years, turning this into a highly competitive industry. Therefore, driving growth is essential for a SaaS company to survive and thrive. Any good SaaS business needs a growth strategy – essentially, this is a blueprint that contains the most effective methods of reaching customers, increasing revenue, and scaling the business. However, it’s important to consider that each SaaS company is unique. Keep reading to find out more about some of the most effective ways to reach your SaaS company goals in 2023. 

Consider Working with an Agency

If you are bringing a new SaaS venture to the market, it is worthwhile considering working with an agency that has a lot of experience in this space. SaaS growth agencies can work with you to bring your product to the market and choose some of the best marketing strategies to ensure that your brand is standing out in an increasingly saturated industry. By working with a growth agency, you can get tailored advice on putting together the most successful marketing campaigns, finding out more about your target audience and what they are looking for, and how to ensure that your SaaS company remains competitive over time. 

Keep Costs Low

For many SaaS businesses, limiting running expenses is essential to success. The more money you are spending to bring your product to the market, the less money you are going to earn. Because of this, doing everything that you can to cut costs while still putting an effective marketing strategy in place is a crucial step for most SaaS businesses. This could involve outsourcing to freelancers rather than hiring an in-house team, for example, or using existing open-source software that can be cheaply tailored to meet your needs rather than building custom software for your company. 

Spend More Time on Marketing

While it’s necessary to spend some money on marketing, it’s important to bear in mind that spending time is often even more important. Good advertising isn’t something that can simply be bought and then forgotten about – going down this route will often lead to limited results. Instead, it’s crucial to put in the time to learn how to target the right audience and how to use important marketing tools like SEO and social media to your advantage. 

Learn About Your Competitors

It is natural to want your product or service to be the best option on the market when you are running any kind of business. However, it’s rarely possible to achieve this all the time with SaaS, as the space is popular among young and new entrepreneurs thanks to the low running costs and huge target audiences. Because of this, there are always going to be businesses that have more money to spend on being the best. However, learning about your competitors and what they are doing can help you become better. Pay attention to your closest competitors to learn more about the standards your market expects to see, and strategies you can do to stand out. 

With SaaS becoming an increasingly popular industry, anybody starting or considering starting selling software as a service should be clear on the strategies they can take for growth. 

The idea of Bigtime Daily landed this engineer cum journalist from a multi-national company to the digital avenue. Matthew brought life to this idea and rendered all that was necessary to create an interactive and attractive platform for the readers. Apart from managing the platform, he also contributes his expertise in business niche.

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Business

Turning Tragedy into Triumph Through Walking With Anthony

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On the morning of February 6, 2010, Anthony Purcell took a moment to admire the churning surf before plunging into the waves off Miami Beach. Though he had made the dive numerous times before, that morning was destined to be different when he crashed into a hidden sandbar, sustaining bruises to his C5 and C6 vertebrae and breaking his neck.

“I was completely submerged and unable to rise to the surface,” Purcell recalls. “Fortunately, my cousin Bernie saw what was happening and came to my rescue. He saved my life, but things would never be the same after that dive.”

Like thousands of others who are confronted with a spinal cord injury (SCI), Purcell plunged headlong into long months of hopelessness and despair. Eventually, however, he learned to turn personal tragedy into triumph as he reached out to fellow SCI victims by launching Walking With Anthony.

Living with SCI: the first dark days

Initial rehabilitation for those with SCIs takes an average of three to six months, during which time they must relearn hundreds of fundamental skills and adjust to what feels like an entirely new body. Unfortunately, after 21 days, Purcell’s insurance stopped paying for this essential treatment, even though he had made only minimal improvement in such a short time.

“Insurance companies cover rehab costs for people with back injuries, but not for people with spinal cord injuries,” explains Purcell. “We were practically thrown to the curb. At that time, I was so immobile that I couldn’t even raise my arms to feed myself.”

Instead of giving up, Purcell’s mother chose to battle his SCI with long-term rehab. She enrolled Purcell in Project Walk, a rehabilitation facility located in Carlsbad, California, but one that came with an annual cost of over $100,000.

“My parents paid for rehabilitation treatment for over three years,” says Purcell. “Throughout that time, they taught me the importance of patience, compassion, and unconditional love.”

Yet despite his family’s support, Purcell still struggled. “Those were dark days when I couldn’t bring myself to accept the bleak prognosis ahead of me,” he says. “I faced life in a wheelchair and the never-ending struggle for healthcare access, coverage, and advocacy. I hit my share of low points, and there were times when I seriously contemplated giving up on life altogether.”

Purcell finds a new purpose in helping others with SCIs

After long months of depression and self-doubt, Purcell’s mother determined it was time for her son to find purpose beyond rehabilitation.

“My mom suggested I start Walking With Anthony to show people with spinal cord injuries that they were not alone,” Purcell remarks. “When I began to focus on other people besides myself, I realized that people all around the world with spinal cord injuries were suffering because of restrictions on coverage and healthcare access. The question that plagued me most was, ‘What about the people with spinal cord injuries who cannot afford the cost of rehabilitation?’ I had no idea how they were managing.”

Purcell and his mother knew they wanted to make a difference for other people with SCIs, starting with the creation of grants to help cover essentials like assistive technology and emergency finances. To date, they have helped over 100 SCI patients get back on their feet after suffering a similar life-altering accident.

Purcell demonstrates the power and necessity of rehab for people with SCIs

After targeted rehab, Purcell’s physical and mental health improved drastically. Today, he is able to care for himself, drive his own car, and has even returned to work.

“Thanks to my family’s financial and emotional support, I am making amazing physical improvement,” Purcell comments. “I mustered the strength to rebuild my life and even found the nerve to message Karen, a high school classmate I’d always had a thing for. We reconnected, our friendship evolved into love, and we tied the knot in 2017.”

After all that, Purcell found the drive to push toward one further personal triumph. He married but did not believe a family was in his future. Regardless of his remarkable progress, physicians told him biological children were not an option.

Despite being paralyzed from the chest down, Purcell continued to look for hope. Finally, Dr. Jesse Mills of UCLA Health’s Male Reproductive Medicine department assured Purcell and his wife that the right medical care and in vitro fertilization could make their dream of becoming parents a reality.

“Payton joined our family in the spring of 2023,” Purcell reports. “For so long, I believed my spinal cord injury had taken everything I cared about, but now I am grateful every day. I work to help other people with spinal cord injuries find the same joy and hope. We provide them with access to specialists, funding to pay for innovative treatments, and the desire to move forward with a focus on the future.”

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