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Dan DiLoretto

๐Ÿ‘ค Speaker
191 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

Okay.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

So to do that straight cold calling much more intensive.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

So we want to reward them for their efforts.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

And we didn't even talk about this, but we do a residual, we offer a residual program.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

So every unit that you bring in the next year that they renew, you get a flat commission per year.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

So like,

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

That snowball effect kicks in because two things.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

One, we want to reward loyalty of reps that stay with us for a long time, and it's hard to find good talent and to keep good talent.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

And at the same time, we want to reward integrity of the sale.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

Yes, then what you're doing is you're encouraging reps to sell the biggest packages possible.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

And our mindset has always been to have the best customer experience possible and to listen to your client and sell them the package they need.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

If we remunerate them too much based on dollars sold, then they're going to force packages that clients don't need.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

In other words, think of the average plumber that refuses business books six months in advance for the last five years.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

They won't need our gold package.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

They need our bronze.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

But if we force the gold on them, they're going to probably churn at a higher rate.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

The renewal is everything.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

And that's what we've made blatantly clear.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

And that it's much easier to satisfy an existing client than to go get a new client, much less effort.

SaaS Interviews with CEOs, Startups, Founders
UBIweb Makes $1.7m/year Helping Plumbers Launch Websites

So you want to break that down?