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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

But we're testing it out in that market.

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

And it's a really good proof point for us.

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

It's not too bad.

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

I can't give you our exact CAC.

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

But you know, we're sitting in the

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

I'll just say 25 to 35% of our overall price.

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

So what's cool about this space is that it's completely on top market, right?

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

There's 70 million single family homes out there, only about, including our competition, only about 25,000 of them have some sort of smart water monitoring system.

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

Our competition's gotten investment from companies like Moen, Belkins, Postal,

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

doing is they're actually going out running TV ads.

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

They're putting money into Amazon.

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

They're advertising online.

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

But what's beautiful about that is that customers are then becoming aware of this market.

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

We have to create market awareness.

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

And when they go search for this, they go on Amazon, type in smart water monitoring, let's say.

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

And Flume is the number one search that pops up.

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

We're leading the market on there.

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

So we can dump more money into it, but our competition also dumping money into this is helping to drive awareness in the market.

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

I'd actually say the first book I read right when we started out was The Mom Test.

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

So I think that was very helpful when we were going out and talking to customers.