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Taming the Enterprise
Delivering a Unified Cross-Company Subscription Strategy
Josh Valdez
Head of Strategy, Google Wildfire
The Nine Keys to Subscription Success
$
PRICE	
   ACQUIRE	
   BILL	
   COLLECT	
  
NURTURE	
   ACCOUNT	
   MEASURE	
   ITERATE	
   SCALE	
  
Wildfire	
  Agenda	
  
1.  About	
  The	
  Presenter	
  
2.  About	
  Google	
  Wildfire	
  
3.  Our	
  Problem	
  
4.  Choosing	
  and	
  Installing	
  Zuora	
  
5.  Forecasted	
  Benefits	
  
About	
  Josh	
  
Point	
  1:	
  
Point	
  2:	
  
Point	
  3:	
  
Recovering	
  consultant	
  
	
  
	
  
Mobile	
  Marke3ng	
  Opera3ons	
  @	
  Nokia	
  	
  
Director	
  of	
  Business	
  Opera3ons,	
  Wildfire	
  
Head	
  of	
  Strategy,	
  Google	
  Wildfire	
  
	
  
Themes:	
  veGng	
  technology,	
  streamlining	
  business	
  process	
  
About	
  Wildfire	
  
Quick	
  Facts	
  
What	
  We	
  Do	
  
Reach	
  
Wildfire	
  founded	
  in	
  2008.	
  
Total	
  Funding:	
  14	
  M.	
  
Sold	
  to	
  Google	
  for	
  over	
  350	
  M.	
  
400+	
  Employees	
  hired.	
  
	
  
Wildfire	
  is	
  one	
  of	
  the	
  world’s	
  largest	
  social	
  media	
  marke3ng	
  
providers.	
  Our	
  suite	
  provides	
  best	
  of	
  breed	
  social	
  promo3on	
  and	
  
adver3sing	
  soUware	
  and	
  robust	
  mobile	
  and	
  desktop	
  page	
  
management,	
  messaging	
  and	
  sophis3cated	
  real-­‐3me	
  analy3cs	
  in	
  one	
  
complete	
  plaWorm.	
  	
  
	
  
21,000	
  paying	
  clients.	
  
Triple	
  digit	
  growth	
  in	
  4	
  con3nents.	
  
Our	
  History	
  
Started	
  with	
  transac3onal	
  business	
  model,	
  one	
  3me	
  transac3ons	
  
each	
  3me	
  purchase.	
  
•  Benefits:	
  Clients	
  used	
  as	
  they	
  desired.	
  
•  Limita3ons:	
  No	
  concept	
  of	
  renewals.	
  Manual	
  renewals	
  with	
  
higher	
  churn.	
  
July	
  2011	
  changed	
  to	
  subscrip3on	
  model.	
  
Quickly	
  understood	
  challenges	
  of	
  subscrip3on	
  business.	
  
	
  
Got	
  acquired	
  in	
  2012	
  
Background	
  
Business	
  Model	
  ShiR	
  
AcquisiTon	
  
Our	
  Challenges	
  
Point	
  1:	
  
Point	
  2:	
  
Point	
  3:	
  
Social	
  media	
  market	
  is	
  a	
  very	
  fast	
  paced	
  market	
  (10+	
  compe3tors).	
  
Must	
  be	
  able	
  to	
  adapt	
  and	
  change	
  on-­‐the-­‐fly.	
  
	
  
Changing	
  business	
  models	
  (building	
  plane	
  while	
  flying)	
  
	
  
Exponen3al	
  growth	
  (employees,	
  systems)	
  
• 	
  
Infrastructure	
  challenges	
  (CRM	
  scale,	
  Accoun3ng	
  /	
  General	
  Ledger,	
  
etc)	
  
•  Salesforce	
  scales	
  well	
  
•  GL	
  migrated	
  from	
  Quickbooks	
  to	
  Intacct	
  Point	
  4:	
  
Choosing	
  and	
  Installing	
  Zuora	
  
Point	
  1:	
  
Point	
  2:	
  
Point	
  3:	
  
Previously	
  tried	
  using	
  Salesforce	
  custom	
  objects	
  to	
  manage	
  
subscrip3on	
  billing	
  but	
  too	
  painful.	
  
	
  
Made	
  the	
  business	
  case	
  to	
  Ops,	
  Finance,	
  Leadership	
  
•  Focus	
  developers	
  on	
  our	
  product,	
  leave	
  billing	
  to	
  Zuora	
  
	
  
Purchased	
  Zuora	
  prior	
  to	
  acquisi3on.	
  Need	
  to	
  educate	
  new	
  
leadership	
  on	
  business	
  case.	
  
	
  
Required	
  Zuora	
  to	
  pass	
  Google	
  security	
  audits.	
  
	
  
Deployment	
  around	
  100	
  days	
  
	
  
Point	
  4:	
  
Point	
  5:	
  
Forecasted	
  Benefits	
  
Marke3ng	
  can	
  create	
  packages	
  on	
  the	
  fly	
  and	
  Sales	
  
can	
  sell	
  unrestricted.	
  
	
  
Speed/Time	
  
Saving	
  
Flexibility	
  &	
  
Autonomy	
  with	
  true	
  
subscrip3on	
  pricing	
  
model	
  
Adapt	
  with	
  the	
  fast	
  
paced	
  social	
  
industry.	
  
	
  
SaaS	
  Metrics	
  
•  Net	
  New	
  MRR	
  
•  Churn	
  
•  Customer	
  Acquisi3on	
  Cost	
  
•  Life3me	
  Customer	
  Value	
  
Hands	
  free	
  
operaTons	
  
Automa3on	
  
	
  
Lessons	
  Learned	
  
Point	
  1:	
  
B E S T 	
   P R A C T I C E S 	
  
Point	
  2:	
  
Point	
  3:	
  
Dedicated	
  Implementa3on	
  Team.	
  
•  Sales	
  opera3ons	
  team	
  working	
  cross	
  func3onal	
  with	
  Google	
  
Finance	
  team	
  and	
  Products	
  team.	
  
•  Keep	
  teams	
  focused	
  to	
  achieve	
  implementa3on	
  3meline.	
  
Think	
  about	
  infrastructure	
  and	
  technology	
  that	
  will	
  allow	
  you	
  to	
  scale	
  
as	
  soon	
  as	
  you	
  have	
  a	
  subscrip3on	
  business.	
  
	
  
Tool	
  selec3on	
  is	
  not	
  magic.	
  	
  You	
  need	
  to	
  put	
  effort	
  into	
  the	
  solu3on.	
  	
  
Hands-­‐on	
  solu3on,	
  not	
  set	
  it	
  and	
  forget	
  it.	
  	
  Over	
  3me,	
  will	
  evolve	
  into	
  
hands	
  free	
  
	
  
Q&A	
  
Thank	
  You!	
  

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Taming the Enterprise: Delivering a Unified Cross-Company Subscription Strategy (Subscribed13)

  • 1. Taming the Enterprise Delivering a Unified Cross-Company Subscription Strategy Josh Valdez Head of Strategy, Google Wildfire
  • 2. The Nine Keys to Subscription Success $ PRICE   ACQUIRE   BILL   COLLECT   NURTURE   ACCOUNT   MEASURE   ITERATE   SCALE  
  • 3. Wildfire  Agenda   1.  About  The  Presenter   2.  About  Google  Wildfire   3.  Our  Problem   4.  Choosing  and  Installing  Zuora   5.  Forecasted  Benefits  
  • 4. About  Josh   Point  1:   Point  2:   Point  3:   Recovering  consultant       Mobile  Marke3ng  Opera3ons  @  Nokia     Director  of  Business  Opera3ons,  Wildfire   Head  of  Strategy,  Google  Wildfire     Themes:  veGng  technology,  streamlining  business  process  
  • 5. About  Wildfire   Quick  Facts   What  We  Do   Reach   Wildfire  founded  in  2008.   Total  Funding:  14  M.   Sold  to  Google  for  over  350  M.   400+  Employees  hired.     Wildfire  is  one  of  the  world’s  largest  social  media  marke3ng   providers.  Our  suite  provides  best  of  breed  social  promo3on  and   adver3sing  soUware  and  robust  mobile  and  desktop  page   management,  messaging  and  sophis3cated  real-­‐3me  analy3cs  in  one   complete  plaWorm.       21,000  paying  clients.   Triple  digit  growth  in  4  con3nents.  
  • 6. Our  History   Started  with  transac3onal  business  model,  one  3me  transac3ons   each  3me  purchase.   •  Benefits:  Clients  used  as  they  desired.   •  Limita3ons:  No  concept  of  renewals.  Manual  renewals  with   higher  churn.   July  2011  changed  to  subscrip3on  model.   Quickly  understood  challenges  of  subscrip3on  business.     Got  acquired  in  2012   Background   Business  Model  ShiR   AcquisiTon  
  • 7. Our  Challenges   Point  1:   Point  2:   Point  3:   Social  media  market  is  a  very  fast  paced  market  (10+  compe3tors).   Must  be  able  to  adapt  and  change  on-­‐the-­‐fly.     Changing  business  models  (building  plane  while  flying)     Exponen3al  growth  (employees,  systems)   •    Infrastructure  challenges  (CRM  scale,  Accoun3ng  /  General  Ledger,   etc)   •  Salesforce  scales  well   •  GL  migrated  from  Quickbooks  to  Intacct  Point  4:  
  • 8. Choosing  and  Installing  Zuora   Point  1:   Point  2:   Point  3:   Previously  tried  using  Salesforce  custom  objects  to  manage   subscrip3on  billing  but  too  painful.     Made  the  business  case  to  Ops,  Finance,  Leadership   •  Focus  developers  on  our  product,  leave  billing  to  Zuora     Purchased  Zuora  prior  to  acquisi3on.  Need  to  educate  new   leadership  on  business  case.     Required  Zuora  to  pass  Google  security  audits.     Deployment  around  100  days     Point  4:   Point  5:  
  • 9. Forecasted  Benefits   Marke3ng  can  create  packages  on  the  fly  and  Sales   can  sell  unrestricted.     Speed/Time   Saving   Flexibility  &   Autonomy  with  true   subscrip3on  pricing   model   Adapt  with  the  fast   paced  social   industry.     SaaS  Metrics   •  Net  New  MRR   •  Churn   •  Customer  Acquisi3on  Cost   •  Life3me  Customer  Value   Hands  free   operaTons   Automa3on    
  • 10. Lessons  Learned   Point  1:   B E S T   P R A C T I C E S   Point  2:   Point  3:   Dedicated  Implementa3on  Team.   •  Sales  opera3ons  team  working  cross  func3onal  with  Google   Finance  team  and  Products  team.   •  Keep  teams  focused  to  achieve  implementa3on  3meline.   Think  about  infrastructure  and  technology  that  will  allow  you  to  scale   as  soon  as  you  have  a  subscrip3on  business.     Tool  selec3on  is  not  magic.    You  need  to  put  effort  into  the  solu3on.     Hands-­‐on  solu3on,  not  set  it  and  forget  it.    Over  3me,  will  evolve  into   hands  free