David Braun
👤 SpeakerAppearances Over Time
Podcast Appearances
No, no.
I subsidize website creation on behalf of them.
So basically it looks like they are paying for the customer.
Got it.
For example, let's, let's take yourself.
Like you have a cat latke.com, right?
And then you come, you reach out to your customers and say like, I signed up a partnership agreement with Bablium and where we would pay, we would cover the site creation costs for all of our subscribers and you only pay for the subscription.
Why?
Why you don't make that?
You don't lose anything first.
Second, you bring the value to your customers.
No, no, no, you don't pay me.
Actually, I subsidize it for you.
But for your customers, it looks like you're paying for them.
Exactly.
So LTV is around five to six years.
So we basically return after investing into site creation, we're getting back 600 to 700 bucks.
No churn.
For now, but it's like too little.
I think that there will be some churn, but we don't have churn yet.