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Enrico Casati

๐Ÿ‘ค Speaker
153 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

It's not a one time transaction.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

especially because you spend so much money and so much effort into, you know, getting the customers to trust you and to trust buying a pair of shoes that is basically, let's say, unknown because we just started and buying it online that you want to maintain that relationship and really try to sell, you know,

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

other styles, uh, in the shoe, uh, or other products like in this accessories market, we're working on belts, we're working on, uh, you know, bags, anything leather related, uh, we're going to be very soon.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

Um, if you, if you want to dig deeper into the marketing

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

strategy, you're not making money on the first sale.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

We calculated around, we spent around 50 euros per customer acquisition, you know, the cost of acquiring a customer.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

But the lifetime value of that customer, as you can see, normally on average, one out of three people already buys again after six months, within the first six months.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

The lifetime value is really worth the cost that you're spending.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

That's why we got the investment from VCs.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

as well as we need investment.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

They need the investment from VCs.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

Yeah, they drill me.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

So if I didn't know these numbers, I wouldn't have signed the contract.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

It's, um, it's around 20,000 more or less.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

Just below that.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

What's your best seller?

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

It's the black Oxford, you know, as much as we try to offer different styles, the black Oxford wins.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 603: Velasca Has Sold 20,000 Italian Shoes to 15,000 Men, $1.6m 2016 Revenue, $750k Raised with CEO Enrico Casati

It's a, no, no, no.