Women in western countries use the internet 17 percent more than their male counterparts

If you’re a man between the ages of 18 and 35, you used to be tech industry’s most coveted prize. You were the one who decided what products failed and what products succeeded. That’s why companies like Asus tweet ridiculous, sexist stuff. That’s one reason why less than 10 percent of venture capital-backed companies have female founders and there is a massive gender gap in tech. The technology industry’s focus on men is reflexive and all too intuitive to the men who run the companies. And it’s built on a plain wrong reading of the reality of the market.

SaaS & Tech Growth Strategy Articles

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• What Type of Media is Right for Your Target Audience?
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• Make Tactical Goals Part of Your Vision
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• SaaS Trends and Stats You Must Know in 2022
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• Tools For Bridging The Culture Gap
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• Successful B2B SaaS Product Launch
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• Organization Structure Planning
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• Understanding the Fundamentals of Your SaaS Go-To-Market Strategy
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Tech Services Stats

• Best-in-class SaaS companies achieve 5-7% annual revenue churn – equivalent to a loss of $1 out of every $200 each month
• Customer’s lifetime value (LTV)= average revenue per user (ARPU) / monthly churn rate
• Non-renewal rates are higher than gross dollar churn rates and higher for shorter duration contracts
• Is your SaaS business viable?
• Revenue Churn Rate = (RCR) (MRR at beginning of month – MRR at end of month) – MRR in upgrades during month / MRR at beginning of month
• 36% of SaaS businesses managed to reduce their revenue churn over the last 12-months
• Women-led companies have historically performed three times better than those with male CEOs
• 80% of venture capital investments take place in the enterprise
• Internet sales strategies are the only sales method to see a decline in CAC, dropping from $0.54 to $0.42 between 2014 and 2015

SaaS & Tech Growth Strategy Stats

• SaaS businesses face significant losses in the early years (and often an associated cash flow problem)
• 56% treat “Existing Customer Renewals” as high priority
• In contrast to these, the median annual churn rate for smaller, private SaaS companies with less than $10M in revenue is 20%
• The statistic shows the worldwide IT spending on enterprise software from 2009 to 2020.
• How to Reduce Churn
• Between the SMB and Enterprise customer types, the top-quartile performers not only have net-revenue churn that is 14% to 23% percentage less than the average performers but also have net-revenue churn that is negative in an absolute sense
• 55% of SaaS companies rate Customer Retention as the key metric to measure
• More than 1/2 of SAAS companies increased their spending on customer retention last year
• The average Quick Ratio of fastest growing SaaS companies (those with a CAGR of over 50%) is 3.9: generating $3.9 in revenue for every $1 lost to revenue churn