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Adam Tishman

๐Ÿ‘ค Speaker
205 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

I'm now at $20,000 per top.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Five and six million.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

So we are a direct-to-consumer sleep brand that makes individually personalized custom-made mattresses shipped directly to your doorstep for about a fraction of the cost of retail.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

And so think of it almost like getting a tailored suit, but for a mattress.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

We take inputs around your body type, so your height and your weight, your sleeping position, so do you sleep on your side or your back or your stomach?

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Your mattress preference, do you prefer something a little bit firmer or softer?

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

And then we custom make a mattress for you, 100% here in the US.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

What does it cost us or what does it cost the consumer?

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Yeah, so it depends, obviously, on the size and the type of mattress.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

What we do do is we keep the cost consistent from a consumer standpoint, which is actually one of the larger issues in the mattress industry today.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

And so whether you get a firmer mattress, a softer mattress, a more supportive one from us, we charge the same price to the consumer, which is for a queen size $900 mattress.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

That product at a retail store would cost closer to $2,000 to $3,000.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

So we're really seeing a lot of price efficiencies by going direct to consumer.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Um, so again, it, you know, it's something that it's a little bit proprietary to us, to be honest, but, uh, what you see in the traditional retail world is markups can range from multiple hundred percent markups.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

So what costs anywhere from two to four or $500 to make, uh, could be sold at a retail store for $3,000.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Yeah, that's roughly standard.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

I mean, I think that, you know, there's a lot of other costs that go into it that we would include above that gross margin line, you know, around shipping costs, which we ship for free and a few other things.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

But that's roughly correct.

SaaS Interviews with CEOs, Startups, Founders
EP 399: $1m+ Mattresses Sold using Toptal.com with Adam Tishman of HelixSleep

Correct.

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