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Aayush Jain

๐Ÿ‘ค Speaker
115 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

10,000 USD, yeah.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Uh, so right now, basically, you know, the integration that we have with this company is not a direct integration where we are not directly managing the prices on their website.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So, you know, pricing is a very sensitive, uh, uh, topic, you know, for any company to be, you know, sort of outsourced to a different company.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So what we are doing right now is we are providing them insights in terms of where they can make pricing decisions and ultimate pricing decisions has to be made by that.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So we were a part of Techstars accelerator program in Berlin.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So we have raised a pre-seed round from Techstars and SAP.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

$120,000 US dollars.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

$120,000 US dollars.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Okay, so as you would know, the first initial set of customers for any B2B business depends on networks, connections.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So we were very lucky to be a part of Techstars network where we were able to get introductions to the companies that we want to reach out to via our network.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So that's how we got our first initial set of customers.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

Our typical process for acquiring new customers at this moment is to sort of do a very small two-week, three-week pilot with them where we demonstrate our value to them upfront without having any commitment or any development effort from their side.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

And it's a small pilot fee that we charge for each pilot.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

And at the end of pilot, we try to outline a roadmap in terms of how can we go forward with integrating or working with these guys.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So basically, you know, the kind of companies that we are working on, not like SaaS companies where, you know, you keep a price and keep that price for like a year or two or five or something like that.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

We are working with companies where price changes is more of a daily decision.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

We are working with fashion brands and retailers where they keep changing their price on a nearly daily basis and they need to stay on the top of their competition.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So for example, just to give you a very small example of one fashion retailer that we were working with.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

So they were selling a particular pair of Adidas sneakers for daily 40-50 units a day.

SaaS Interviews with CEOs, Startups, Founders
1275 25 Year Old Hits $10k in MRR with his 3 Friends as Co-Founders

And suddenly they realized that one particular day their units dropped to two or three units a day.