Should I move Senja into a new category?
For a few months I've been consider moving Senja into a new SaaS category.
One that has a bigger market, where a v2 of our product can drive new sales and address our revenue plateau.
We've always struggled with having to educate a small market that isn't solution aware.
This feels like doing 100x marketing for a 2x problem for a high churn (prosumer) ICP.
I love what I've built but I there are a few options I am considering.
(and random thoughts for each)
Continue with testimonials
Stick with testimonials, keep removing papercuts in the product, focus on marketing.
Assume I am underestimating market size(?) Or acknowledge it's a small market, but dominate it, especially for our ICP.
Move into Shopify reviews
Reviews market is 100x bigger than testimonials, and tools like
@judgeme are growing insanely fast. Shopify encourages customers to install review apps.
Reviews are always-on for every order, not triggered by a good experience, which drives more Powered By.
Great ecosystem of experts and influencers to distribute.
We would be a tiny fish in a big ocean.
Move into Made For You [Canva for customer stories]
We have a Studio in Senja where people can make assets like Walls of Love, widgets and reels.
Can we make this more powerful? Automations, AI-generated assets, and one-click social scheduling?
Make Senja the home for customer-centred marketers. Move away from being a tool and into being an actual marketing channel.
Being more customer-centred in the age of AI is a story I think I can tell and sell.
Move into Feedback
To be clear: feedback not forms.
1000x market but seems pretty commoditised with lots of players.
Where does feedback live inside Senja? Does Senja stop being a home for only positive feedback?
Some customers already use Senja for feedback and we have a simple rating mechanic on forms.
Leads to requests for reporting and monitoring?
I saw
@damonchen move into NPS and brand monitoring but it doesn't really inspire me.
Move into Customer Success Software / CRM
The classic: moving up-market.
Testimonials and case studies are one part of customer success.
What if Senja was THE tool for customer success teams.
There are many tools in this space but they are heavy, ugly, enterprise solutions.
We've already been doogfooding a Thank Yous concept in Senja - send video thank yous, attach gifts, discounts, and access to new features.
This is a first move in this direction and feels like a good space to be in "in the age of AI, focus on being human and driving customer success"
Harder to sell to but lower churn(?), and ICP is SaaS which aligns with my
#buildinpublic.
Question I am asking myself
- Which of these ideas could live inside the existing Senja product and be unlocked with expansion?
- Which of these ideas am I uniquely positioned to distribute?
- Which direction has existing buyers in market aka search volume with high-intent traffic?
- Which direction is more defensible in the age of AI?
- Which direction aligns with my values and what does my gut say?
- What do our existing (3,000) customers want?
- What is deepen with existing customers versus pivot to new ones?
What would you do?