Flywheel Marketing for B2B SaaS Founders

This is the tenth chapter of the B2B SaaS Marketing Playbook


Emergence describes the ability of individual components of a large system to work together to give rise to dramatic and diverse behavior.”


Action Items


1. Add Features

Stripe

Stripe Radar

Stripe attacked the pain of chargebacks with Radar. Radar complements their main business while separating them from other payment processors. (Page)

Stripe

Stripe Checkout

Stripe Checkout helps entrepreneurs quickly accept payments by providing a ready-to-use interface. (Page)

Stripe

Stripe Connect

Stripe Connect is the payment platform for other platforms. Connect helps marketplaces that need to send payments to third parties. Stripe Connect is aimed at companies such as Gumroad and Snipcart. (Page)

Airtable

Airtable can be used as a kanban board, calendar, gallery, spreadsheet or database. Each view introduces a new case and extends Airtable’s target audience. (Airtable Views)

Mailchimp

Analytics

Mailchimp helps businesses promote more efficiently by providing customer insights and segmentation tools. (Mailchimp Insights)

Intercom

Customer Data Platform

Intercom creates customer profiles and help businesses segment their customers. They also track customer events across platforms and devices. (Customer Intelligence)

Zoom

Cloud Storage

Zoom has moved into the cloud storage space. The company has established an additional revenue stream by offering storage to existing customers. (Zoom Cloud Recording)

Notion

Notion Blocks

Blocks help differentiate Notion from other note-taking tools. The versatility of Notion increases as new block types are introduced.

And the company attracts a new user segment each time a new block type is created. (Product)

Webflow

Webflow Hosting

Webflow began offering hosting for sites instead of simply exporting code. This allows users to deploy sites easier and faster. In-house domain registration also means that users can connect their domains to their sites without leaving Webflow. (Webflow Hosting)

Shopify

Shopify Shipping

Nearly all Shopify store owners have to navigate the shipping conundrum. Shopify Shipping is aimed at reducing some of this friction. The company partners with carriers for lower rates, shipping estimates and online store integration. (Shopify Shipping)


2. Offer Plugins

WordPress

WordPress Plugin

WordPress and Mailchimp are a natural combination. Mailchimp’s WordPress plugin removes friction from the process of manually integrating the email platform with your blog.

Mailchimp for WordPress has over one million active installations. (Mailchimp for WordPress)

Notion

Web Clipper

Notion’s web clipper helped the company reach feature parity with Evernote. (Web Clipper)


3. Distribute to Multiple Platforms

Basecamp

Multiple Platforms

Basecamp reduces friction for users by being available on multiple platforms. (Basecamp Platforms)

Mailchimp

Mobile

Mailchimp for mobile reduces friction by allowing users to easily manage campaigns when they’re away from their desktops. (Mailchimp Mobile)

WordPress

Multiple Platforms

WordPress makes it easy to blog from multiple devices. (WordPress Platforms)

Zoom

Multiple Platforms

Multi-platform availability is critical for conferencing tools. Each platform satisfies a different customer segment. Collaboration tools, such as Airtable and Notion, also build for multiple platforms. (Zoom Platforms)

Notion

Multiple Platforms

Notion is available on multiple platforms. This allows users to work together from mobile and desktop environments. (Product)

4. Offer an API

Mailchimp

API

Mailchimp offers an API that allows customers to leverage the platform and data to build custom tools. (Mailchimp API)

Ahrefs

Ahrefs API

The Ahrefs API enables businesses to build on top of the company’s dataset and tools. In most cases, it would be inefficient for developers to recreate the wheel instead of leveraging Ahref’s API. (Ahrefs API)

Basecamp

API

Basecamp often rejects user requests that add to the complexity of their products. But they offer an API to allow customers to build their own tools. (Basecamp API)


5. Create a Marketplace or Directory

Mailchimp

Mailchimp Experts

Mailchimp experts contribute to the overall health of the ecosystem. The experts directory allows Mailchimp to keep their hand in quality without taking on less scalable business models. (Mailchimp Experts)

Mailchimp

Integration Directory

Third-party integrations increase the flexibility of the email platform. Mailchimp encourages developers to build integrations by providing distribution through it’s directory. (Mailchimp Integrations)

WordPress

WordPress Themes

Designers invest in the WordPress ecosystem by creating themes. These are platform-specific assets that make WordPress more attractive to bloggers.

WordPress helps designers with distribution by hosting a theme directory. (WordPress Themes)

Zoom

App Marketplace

Zoom shares third-party apps that integrate with their platform. The marketplace encourages others to build Zoom integration tools by offering distribution. (Zoom Marketplace)

Webflow

Designer Directory

Webflow fuels their ecosystem by providing a designer directory. The directory’s design is similar to Dribbble. (Webflow Designers)

Webflow

Template Marketplace

These platform-specific templates are designed to work with Webflow. Templates offer a way for designers and entrepreneurs to bootstrap projects and extract value quicker. (Webflow Templates)

Shopify

Shopify Apps

Shopify’s app store makes the platform extensible while encouraging developers to contribute to their ecosystem. Some developers earn income while Shopify benefits in the form of commissions and satisfied store owners. (Shopify App Store)

Shopify

Shopify Experts

Professional services are less scalable but important. Shopify Experts help fill these skill and knowledge gaps. The Shopify Experts program connects store owners with domain experts. (Shopify Experts)

Shopify

Shopify Themes

Shopify’s theme marketplace helps users customize their stores and extends platform functionality. (Shopify Themes)

Intercom

App Store

Intercom’s app store helps users integrate with other tools. These integrations are platform-specific assets that improve the Intercom ecosystem.

The most popular Intercom integrations are Stripe, Slack and Google Analytics. (Intercom App Store)

Zapier

Integration Marketplace

Zapier created a marketplace of app integrations. External teams help Zapier grow by promoting their integrations on Zapier’s platform.

Each addition to the platform has a compounding effect. New apps can integrate with other apps.

If the number of options increase from 1500 to 1501, the new integration can generate 1500 new possibilities. And each integration draws new customers to the platform.


6. Add Products

Mailchimp

TinyLetter

TinyLetter helps individuals distribute personal newsletters. This tool exists in the same space as Substack and Pico. (TinyLetter)

Basecamp

Sortfolio

Sortfolio helps people find designers for their projects. The Basecamp team understood this pain from their days as a web development agency.

Sortfolio took away from their primary focus although it was generating about $200,000 a year in profit. Basecamp sold the tool in 2012. (Sortfolio Story | Sortfolio)

WordPress

Jetpack

Jetpack is a utility toolkit for WordPress by WordPress. It helps to have security features come from a trustworthy source. (Jetpack)

WordPress

Woo Commerce

Woo Commerce enables e-commerce on WordPress sites. This makes WordPress a viable alternative to platforms like Shopify. (Woo Commerce)

WordPress

Gravatar

Gravatar helps manage identity online. It’s used by tons of sites across the web. As an Automattic tool, WordPress tightly integrates with Gravatar. (Gravatar)

WordPress

Akismet

Akismet improves the quality of the WordPress ecosystem by filtering spam. (Akismet)

Twilio

Twilio Flex

Twilio Flex brings multiple services together to establish a contact center platform for enterprise customers. Customers can customize the platform their needs. (Twilio Flex)

Ahrefs

Blogging for Business

Blogging for Business is a video course offered by Ahrefs for $799. The target audience overlaps with their existing users who have demonstrated the willingness to pay for value. (Blogging for Business)

Ahrefs

SEO Toolset

Ahrefs offers more than 15 unique tools to marketers. Each tool pulls in a new group with different needs.

Here are some of their tools:

Ahrefs

Ahrefs Search Engine

In 2019, Ahrefs announced plans for a search engine. The company plans to directly compete with Google. This idea would be laughable if Ahrefs was not world’s second most active web crawler. Google holds first place. (Post)

Webflow

Ecommerce

Webflow Ecommerce demonstrates the company’s aspirations beyond design. They are targeting new users and market share of companies like Shopify. (Ecommerce)

Shopify

Frenzy — Flash Sales

In 2016, Shopify launched a mobile app that helps store owners run flash sales. (Frenzy)

Stripe

Stripe Atlas

Stripe movied upstream by helping potential customers set up companies. Atlas is designed to help founders anywhere in the world incorporate their companies in the U.S. (Page)

Stripe

Stripe Issuing

Stripe makes it easy for companies to issue their own cards. This may enable new types of businesses similar to how advantaged targeting enabled D2C business models. (Page)

AWS

Apps on Apps

Each AWS service adds another reason for users to choose them over another infrastructure provider. AWS offers more than 140 infrastructure services. (List)


7. Invest in Others

Touchtech Founders

Stripe

Touchtech Acquisition

Stripe’s acquisition of Touchtech helped them move into the European market. Rather than starting from scratch, Stripe decided to leverage established systems and relationships built by Touchtech. (Article)

Stripe

Investing in Paystack

Paystack is Stripe for Nigeria. Investing in other markets provides Stripe with visibility beyond the U.S. (Article)


8. Vertically Integrate

Shopify

Oberlo

Oberlo removes the obstacle finding products to sell. This service increases the number of potential Shopify store owners. (Oberlo)

Shopify

Shopify Studios

Shopify realized that customers and partners could use their expertise in making compelling videos. In 2019, they launched Shopify Studios, a full-service television and film content and production house. (Shopify Studios)


Lessons

Reduced Customer Acquisition Costs

B2B SaaS companies can lower customer acquisition costs by offering new products to their existing customers.

These companies may have a smaller learning curve than new companies because they already understand customer needs.

Stripe and Webflow are great examples of companies that frequently offer new products to their existing audiences.

The Power of APIs

Offering an API can unleash the creativity of others by giving them access to your data and tools.

B2B SaaS companies can realize new possibilities and needs by allowing external developers to build businesses on top of their platforms.

Valuable companies such as Buffer, Zapier and IFTTT are entirely built on the backs of external APIs.

The Book

This is the tenth chapter of the B2B SaaS Marketing Playbook