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David Pullman

๐Ÿ‘ค Speaker
198 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

Okay.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

We have an ARPU of like 17 a month.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

And the bandwidth is very high, starting from zero a few cents until a couple of hundred euros.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

We've been in a very niche market.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

There's a platform called Davanda, which is the German clone of Etsy.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

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.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

And there was only one tool to generate invoices.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

And this was BILBY at this time.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

So it was really easy to get the first hundred customers in the very, very niche.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

We have a little more than 9,000 paying customers.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

Yeah, actually, there's not a percentage of GMV volume, but we have a transaction based pricing.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

So they pay us seven cents per order, which goes through the system.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

in basic terms, let's say, and there are a few more rules around it, which, which, yeah, which leads to some upselling.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

Yeah.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

But basically it's 7 cent per order.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

Yeah, that's, that's a good question.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

I think it's some kind of historical, how we, how we decided to go with the orders and, um, yeah, also,

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

even if you sell very high cost product, it doesn't mean you have a high margin and vice versa.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

So you could sell something for two euro and have 1.5 euro margin and the other way around.

SaaS Interviews with CEOs, Startups, Founders
BillBee Dominated 1 Niche of DIYers, Bootstrapped, $2 Million Revenue

So yeah, that's why I think we've decided to go with a per order pricing instead of a percentage pricing.