Why sell to startups and new businesses?
Startups and newly created companies are the most receptive B2B clients in the market. They need everything from day one: management software, marketing, accounting, legal advice, insurance, equipment, and service providers. And they have no loyalty to any supplier yet. For startups, understanding retention from day one is critical; Paddle outlines the key benchmarks for revenue retention benchmarks for growing SaaS startups.
72% of startups hire their first suppliers within the first 90 days of operation. If you reach them before your competition with a relevant proposal, you have an enormous advantage. It's the foundation of a first clients strategy.
The challenge is detecting them in time. Startups don't appear in traditional directories. You need geolocated, up-to-date data to find them before anyone else.