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Eric Adler

๐Ÿ‘ค Speaker
227 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

In terms of like sales side, we have about four of us working on sales and marketing.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

We aren't really carrying quotas right now.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

One of the big challenges, especially in the utility space, is you can't push too hard, right?

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

I mean, if you're trying to sell to utilities like you're selling a used car, it's just never going to work.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

You have people run away.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So you have to work with them.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

It's about building a relationship in the utility market in order to actually get a sale.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

Yeah, it's not like we went out and raised at $100 million valuation.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

I would love if we could do that.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

But we are, of course, presenting the long-term vision of becoming a SaaS company, having this data play.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

We do have, which I didn't mention before, actually, we have about 5% of our customers right now

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

that actually are paying a recurring annual fee.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

There is this kind of pro level of service we're offering in a very specific region in California.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

We're working with one utility in that region to try out this model.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

It's not per month.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

Per year, we're charging $49 per year.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

Right, right.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

So there's a big opportunity there, right?

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

And so we've proven that there are customers that are willing to pay 50 bucks per year as basically this service model.

SaaS Interviews with CEOs, Startups, Founders
FlumeWater Sells 10k Units at $200 With SaaS Upsell

And so we are considering kind of moving to that larger scale.