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Drew Sheehan

๐Ÿ‘ค Speaker
194 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

I had no money when I started the company.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

We are absolutely SaaS.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Everything we do is all about a recurring revenue model.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

The story of Birdseed really came from that previous business you just mentioned.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

The majority of our customers found us online, and that was how they became a customer of ours.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

And we were typically using back in the early 2010, 2011.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Most of our business came to us through pay-per-click.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

But as things evolved, obviously, it became more of social media and social media ads, content, forums, and just different ways that people would find us.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

But we were always driving potential customers that would become clients to our own web properties.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

So our own website, our own landing pages.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

We didn't really have funnels early on, but that type of thing.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

And we were really good at driving qualified traffic to our website.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

And once they made contact with us, we were really good at closing or winning the business.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

But we had this constant battle of just a drop-off of whether it was 95%, 96%, whatever it might be.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

The majority of the people just wouldn't contact us.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

And we couldn't figure out why because...

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

they found something interesting about us, but they didn't, you know, move forward in the relationship.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1358 He's Put in $450k Before Turning on Paywall, Smart or Not?

So, I mean, what we did was we basically took all the different tools and

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