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Charlene

๐Ÿ‘ค Speaker
169 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

We have two types of people churning.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

Most of them churn because they realize they don't really have time to manage their customer acquisition.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

We told people to start with acquisition of vendors on their marketplace because this is the easy way to do it.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

And they realize that it's a lot of effort and time to dedicate to this task.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

And they just get scared.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

So we have to accompany them on that point.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

And all the people just don't find what they were looking for.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

what they need in the solution.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

But it's not really... We're trying to have a lot of feedback when people churn.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

And what we've heard is that as we were on the early stage, maybe we needed to have more technical support on the solution.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

So we started working on that during summer.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

And now churn is essentially when people just...

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

can dedicate the time and the right amount of human resources on the marketplace project.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

Yes, of course.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

We are currently discussing with European VC right now.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

So this is something we are working on.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

Nothing is done yet.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

But what we are trying to do first is to go fast.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

Now we want to go further.

SaaS Interviews with CEOs, Startups, Founders
1264 Why Marketplace DIY Tool CEO Wants to Raise $500k on $3M Pre Money

And for this, we need, of course, money.