For sales, marketing, and revenue leaders

What does Letterdrop do for you

Two outcomes:

  1. Win net-new competitive pipeline. Accounts already engaging with your competitors are surfaced to sales, so your team can get into deals early.

  2. Defend existing revenue. When one of your customers starts engaging with a competitor, your CS team gets an alert in real time to run a check-in before the renewal is contested.

It is a timing and targeting tool for competitive displacement. It points your existing outbound motion at accounts that might otherwise buy from your competitors.

What you need to make it work

Three pre-requisites for this to work:

What you need from your team

How you’ll know it’s working

Signs the data is good that you can discover in 2 weeks:

If you have the above and fail to see value, it is usually a sign that you need to debug your outbound execution.

The signal strengthens as you get replies and feed back what converts.

You can improve execution and expect the signal to improve over time. During the pilot, you should look for indicators that you will at least payback the cost of Letterdrop so it’s a neutral investment for you and an easy business case for your CFO. Usually, one competitive win or a saved renewal will cover the year.

Estimate the return

Plug in your own numbers. The model splits into the two plays above, defending revenue and winning net-new.

Your numbers

Edit any field. Everything below updates live. Defaults are neutral placeholders.

Conversion assumptions (type your own)
Estimate opportunities / week from a sample

-
return on annual cost
- wins delivered (saves + new deals) vs. break-even of -
Defend revenue
Current-customer opps / year-
Renewals saved-
ARR retained-
Win net-new competitive deals
Net-new prospects / year-
New deals won-
New ARR-
Total ARR impact-
To clear 3×, you need- wins

Booking (getting the meeting) is a separate, lower stage than an account being in-market; the default sits near cold-outbound conversion on purpose. One competitive win or one saved renewal usually covers the year.

Is this the right fit

This is built for competitive displacement: getting into and winning deals that would otherwise go to a competitor. It fits best when you already win head-to-head deals and want more of them in front of you earlier, and when your competitive sales cycle is long enough to compete once you are in the room.

What are things customers have learned from this data?

Here’s qualitatively what customers learn:

  1. Competitor target market. You will see what net new accounts your competitors are prospecting and selling into that you’re not already aware of.
  2. Competitor job titles. You might discover that the job titles of contacts who your competitors are talking to are different from the job titles you thought you should go after.