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Daniel Kemp

๐Ÿ‘ค Speaker
136 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

Actually, this is something that Josh Pigford talked about in a blog recently.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

He's the CEO of Bear Metrics.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

Yeah, he's great.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

And he was saying, you know, low paying customers are a pain in the ass.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

You work your balls off to try and satisfy them.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

You take very little reward and they're never really truly satisfied because they're for that deal.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

And, you know, we recognize that.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

It's just something you've got to really carefully consider.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

You've got to weigh up the pros and the cons.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

And I think I really do agree with you.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

In a lot of cases, it's not going to be the right route.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

And it's very tempting to do it.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

I think it's harmful for the brand if you do it for too long.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

We don't want to be associated as a company that runs a discount service.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

We're all about quality.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

We have a higher price point to promote because we work hand reviewing every single piece of content that goes in as a content suggestion.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

We don't want to be associated as a discount brand.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

And so for that reason, that's where, where we draw the line on, on deals now.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

Total revenue last year was $251,000.

SaaS Interviews with CEOs, Startups, Founders
876 SaaS: Selling Discounted "Lifetime Subscriptions" For One Flat Fee is Huge Risk

That's turnover, sorry.