Episode 11: (Almost) Everything You Need to Know About Compensation Planning
Hear from Ryan Milligan, VP of RevOps at QuotaPath, as he shares how to think outside of the SaaS box when it comes to creative compensation planning.
In this episode of the RevOpsAF podcast, co-host Matt Volm sits down with Jen Igartua, CEO of Go Nimbly, a leading RevOps consulting firm. With over 15 years of experience, Jen has helped drive growth for clients like Twilio, Zendesk, and PagerDuty, making her a seasoned expert in revenue operations.
The conversation delves deep into the distinctions between sales-led and product-led growth (PLG), the challenges of product-led sales (PLS), and the role of data in modern sales strategies. Jen also shares actionable insights on how RevOps professionals can better align with product teams to boost efficiency and customer experience.
Whether your company is sales-led, product-led, or a hybrid, this episode offers strategies for maximizing revenue potential.
Jen opens the conversation by explaining that product-led growth (PLG) is not a new concept. Companies like Twilio and Zendesk have employed PLG strategies for over a decade, even if the term is relatively new. PLG is just one of several go-to-market motions, much like sales-led growth. Each motion serves a unique function, but they often overlap in practice.
"Companies still operate in similar ways when they have a PLG motion...the core tenets of RevOps remain." Jen Igartua
Jump to the clip to learn more about the differences between these growth models.
One of the most complex aspects of PLS is tracking customer behavior across different funnels. Customers can easily switch between self-service actions – like signing up for a free trial – and sales-led interactions, such as filling out a contact form. This makes it difficult to accurately track customer progress and intentions.
Additionally, working closely with product teams is crucial for RevOps teams managing PLG strategies. You will be working much tighter with a product team in a PLG motion, Jen emphasizes, which creates new dynamics that require close collaboration across departments.
Jump to the clip to learn more about the challenges inherent in a PLS model.
Jen introduces a four-step framework that outlines the building blocks of PLS:
Many companies are good at collecting data, but few effectively translate that data into signals that the sales team can act on.
"We have all this data but struggle with figuring out what to send over to the sales team and why." Jen Igartua
Starting small and focusing on one or two use cases is key to building a sustainable process.
Jump to the clip to learn more about the building blocks for PLS.
Jen gives concrete examples of signal-based selling at companies like Intercom, where specific customer behaviors (such as a decline in CSAT scores paired with rapid team growth) trigger sales actions. This type of playbook-driven approach ensures that sales teams are reaching out at the right moments, with tailored solutions based on customer needs. For instance, Intercom’s sales team can recommend their AI product, Fin, when they detect a client experiencing growth-related strain on their customer success operations.
Jump to the clip to hear the real-world example.
One of the most critical aspects of PLG is ensuring that RevOps and product teams are closely aligned. Jen explains that successful product-led sales require collaboration between multiple stakeholders, including marketing, product, sales, and even finance. Without this alignment, it becomes difficult to build cohesive strategies that serve the overall business objectives.
"Product teams bring a user-centric perspective that RevOps teams can greatly benefit from. It's a gift that you get to work with product teams. You'll learn a lot about how they think. And it's practices that, as revenue operators, we could really take hold of." Jen Igartua
Jump to the clip to hear more about filling this need for cross-functional cooperation.
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