David Pullman
๐ค SpeakerAppearances Over Time
Podcast Appearances
Okay.
We have an ARPU of like 17 a month.
And the bandwidth is very high, starting from zero a few cents until a couple of hundred euros.
We've been in a very niche market.
There's a platform called Davanda, which is the German clone of Etsy.
And we started, especially in the DIY area for e-commerce and there was a big community and we really started off with the DIY community.
And there was only one tool to generate invoices.
And this was BILBY at this time.
So it was really easy to get the first hundred customers in the very, very niche.
We have a little more than 9,000 paying customers.
Yeah, actually, there's not a percentage of GMV volume, but we have a transaction based pricing.
So they pay us seven cents per order, which goes through the system.
in basic terms, let's say, and there are a few more rules around it, which, which, yeah, which leads to some upselling.
Yeah.
But basically it's 7 cent per order.
Yeah, that's, that's a good question.
I think it's some kind of historical, how we, how we decided to go with the orders and, um, yeah, also,
even if you sell very high cost product, it doesn't mean you have a high margin and vice versa.
So you could sell something for two euro and have 1.5 euro margin and the other way around.
So yeah, that's why I think we've decided to go with a per order pricing instead of a percentage pricing.