The key to managing the ideal sales funnel in a do-it-yourself
(DIY) SaaS Product is not to keep all the leads in the funnel.
Rather the intent should be to keep the "ideal customers" in the
funnel.
So, you obviously need to understand the ideal customer.
Assuming you are already targeting correctly & getting the
right type of leads, it is important to help qualify the leads quickly through a series of
steps either within the application as do-it-yourself steps or by
interacting with the prospect.
Friction
Free
Reducing friction in the signup
process by requesting minimal information is essential to improve
the signup conversion rate. Getting customers quickly to explore
the application is absolutely essential for a great first time
experience without delays. Delayed email verification helps to
avoid any delays in receiving emails for verification before
experiencing the application.
Pay Wall
If you are looking for very high
quality prospects who are serious & would pay, you could use a
credit card based trial. The downside is that you will get fewer
but highly qualified signups. Even if there is no upfront charge,
requesting credit card attracts only serious users based on various
studies. But be super careful to exercise this option. 90% of the
SaaS companies don't use a credit card wall.