Company
Luna is a GenAI based app that replaces SDRs and writes personalised automated emails to prospects
Problem
Luna took a decision to be PLG based SaaS and they were looking to capture the all the data to make decisions on product growth. In the PLG methodology they were looking to get the answers on their product usage, growth loops, understand what is driving revenue
The product even though it looks simple but is a complex product as it involves replacing the complexity of creating a personalised email based on the user. There are about 40+ data points that the algorithm takes to write an email
Luna was looking to invest in tools to get insights and make sense of the data with the main objective of increasing revenue, decreasing churn, increasing expansion.
They were also looking to understand how the algorithm is working and what modifications are required to make it better
The Chief Growth Officer found us on Linkedin and reached out to us understand how Optiblack can help them in their PLG journey
Luna has already implemented Mixpanel and were looking to revamp their entire product analytics tech stack by Including Segment to the mix so that they can capture the right events from multiple touchpoints
We were looking for partners for Growth who understand the nuances of SaaS applications and PLG module.
-Jean-Paul Klerks, Chief Growth Officer, Luna
Luna identified Optiblack as the preferred partner for their PLG journey based on the track record, our partnership and familiarity with the tools in place and how we make it easy for anyone to start generating insights
Solution
Optiblack started interaction with the Luna team and understood the product. We also looked at the what the team was currently tracking and we kickoff with an objective workshop.
Optiblack worked with tech team to understand the implementation of various GenAI algorithms, we also worked with Leadership team, Marketing and Growth teams to understand what is important for everyone
We started with revamping their analytics strategy to capture important events happening in the entire customer journey, our working with various SaaS companies helped us open to ideas on how PLG based Luna can leverage customer intelligence to know whom to convert and what to act on
Luna had 10+ different apps in the mix which were creating signals on customer intelligence, we leveraged them to create the comprehensive tracking plan for their CDP
Stakeholders
Department
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How they get impacted?
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Growth
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- Growth Campaigns
- PLG Strategy
- Activation and Free to paid conversion
- New feature validation
- Churn & Expansion
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Tech - CTO
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- Similar to growth
- Measuring performance
- One tool to measure all events and performance
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CSM
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- Expansion of accounts
- Churn
- Account analytics
- How are users using the product?
- How goods are emails to find leads?
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Backend Developer
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- Implementation
- Performance
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CEO
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- Investors dashboard, better sources
- Product Market fit, ongoing
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Brand Manager
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Agency
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- Marketing Agency
- Connect destinations with sources
- Marketing campaigns
- Marketing audience?
- Activate the audience on Linkedin, Facebook etc
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Optiblack identified 90+ events, 400+ data points to be captured from multiple places to trigger the tracking of events and developed the comprehensive tracking plan for CDP Segment
We quickly started working on the tech implementation guidelines and developed the tracking code required for the tech team, working with the CTO we developed the implementation plan on how the new events will be tracked and adopted
All the events were tracked and implemented, we started working on dashboards for each team
After data was populated we did a thorough analysis to identify the ICP for Luna and invested resources in understanding the churn analysis, expansion and retention
We also innovated to connect Chartmogul application with Ideal Customer Profile to help them understand which cohorts are performing and how, this opened a new dimension to answer which persona was performing well for Luna
Quote from client describing the solution
We are really impressed with the kind of contribution Optiblack has made in driving the decision making at Luna, this is helping us to identify what is working and what is not, they are also super fast in delivering
-Jean-Paul Klerks, Chief Growth Officer, Luna
Impact
Luna is now taking data driven decisions everyday and in 2 months their MRR has increased by 20%