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Enzo Anz

๐Ÿ‘ค Speaker
208 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

So during the pandemic, a lot of markets that were first in person turned online.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

So a lot of new business propped up that helped people move from an in-person marketplace to online.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

So they were doing Zoom calls.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

And that's kind of how we got our first customers.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

Uh, it was initially we found the person that ran it through a Facebook group and then we started doing, um, calls with them over zoom, helping them with their taxes.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

And then they were the first customers that then started using the app.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

So we now have 1000s of customers.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

We don't like to disclose the exact amount because we're still quite early, but we're doing pretty well.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

Between 1000 and 10,000.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

It's a bit of a mix.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

So our most effective channels is when the need is highest, which is during tax return season and is classic performance marketing.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

Something to keep in mind is that your average retention when it comes to accounting is 10 years.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

And on a product that you pay anywhere between ยฃ30 to ยฃ100 a month for, we can be quite effective when it comes to performance marketing during tax return season.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

Outside, we just use a collection of referrals and SEO that works best.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

Yeah, so coming from a challenger banking background, the average there that we had was anywhere between 100 and 200 pounds or in dollar terms, like 120 to 250 dollars.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

If we can acquire somebody for less than 100, that's already really effective because the payback period is so short.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

We've seen stuff way lower than that.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

So anything less than 20 dollars.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

I think it is TikTok that we've used exactly like you said.

SaaS Interviews with CEOs, Startups, Founders
SMB Tax App hits $20k MRR by getting 1k+ Signups and Converting 20-50% to $35/mo paid accounts

I think what really worked well for us were personable ads.