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Drew D'Agostino

๐Ÿ‘ค Speaker
156 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

And ever since we've gone up market, we've kind of adapted that approach

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

that whole model to just make the sales process a lot more efficient and personalized.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So our, our business is still divided between this self-service customers who's historically for the first six years of crystal was our main customers and our B2B customers.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So for them, we have annual enterprise contacts.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So the whole focus really right now is in the B2B side.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So I'll just focus on those numbers.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

that is around $8,000 annual contract value versus the self-service, which is historically for us been mostly monthly contracts.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

But if it's annualized, it's $500 or $600.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

We actually just got out of self-service last month.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

Oh, wow.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

Yeah.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

But I would say since we started really focusing on B2B in mid-2020, and that business just started getting in the beginning of 2021.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So since really the beginning of 2021, it's gone from almost 0%.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

B2B to about 60% to 65%.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So it overtook the majority of our revenue.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

And probably more importantly than the ACV, the retention is a lot better on the B2B side.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

I kind of anticipated that, but I didn't anticipate the degree to which it would be better.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So we realized that our business is actually much better suited to be an enterprise SaaS company, as opposed to like a self-service product, totally product driven one.

SaaS Interviews with CEOs, Startups, Founders
How He increased ARPU from $50/mo to $800/mo with one simple change

So that's, we decided to just, it's still technically an experiment because we don't know if self-service is totally in our past, but we want to see what this business, how it performs with a just total B2B model.