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Erik Harrell

๐Ÿ‘ค Speaker
173 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

Well, I think the biggest thing when it comes to, you know, when it comes to, you know, when it comes to the kind of the more student focused part of the market, which is where we have the 80 percent of our users.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

There, it's really about the amount of engagement.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

You know, the average session time of a Kahoot is 10 minutes.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

You know, so you as a content provider, if you really want engagement, because, you know, if you look at YouTube, it's a very passive experience.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

It's kind of a lean back experience.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

Whereas Kahoot, when you're engaged in a quiz, you're really engaged in that content.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

We call it lean in, you know, lean in format, basically.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

So I think we think that's a key metric is the session time and the place.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

And then when it comes to companies, I think the fact there is just sort of the โ€“ they're just seeing โ€“ I mean the companies are very focused on getting a return on investment for their training in the United States alone.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

you know, there's about $70 billion being spent on training, and they want to get a good return on that investment.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

And this is things that, you know, this ROI,

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

is demonstrated through driving increased sales, increasing customer retention, because we're being used in sales teams.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

Sales teams are using Kahoot to train their employees in sales, which directly affects revenue.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

You have internal support teams at companies using Kahoot, which improves customer retention as examples.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

So those are two examples of how Kahoot's being used to really drive an ROI for corporations.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

Yeah.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

So we're priced, um, uh, at, um, around, uh, if you sign up for a, a annual plan, uh, you, you pay $10 a month per trainer.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

um so for you know so 120 a year and then if you you can also sign up monthly which is 14.95 um a month okay and on average you know these these contracts you're closing like how many seats per average like per company you're closing

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

It really depends.

SaaS Interviews with CEOs, Startups, Founders
942 0-50m Users Now Launching Paid SaaS Model at $120/yr To Gamify Learning

Uh, you know, some, some of them are, uh, we have, we have, um, of course, a lot of multi-seat, uh, cases, and then we have obviously a lot of single seats, but the thing which is, which is happening is you're seeing a lot of these, you know, brands, these big fortune 500 brands where you might get a single seat in, you know, in a, in the United States, but we know there's this huge potential with that fortune 500 company to expand,