Gary Saranrota
๐ค SpeakerAppearances Over Time
Podcast Appearances
Now, last month, recurring revenue was 500K a month.
It was a slight decline with a few losses.
Customers that went out of business, like a couple of customers, really struggled.
I think in the short term, it was bad.
We had some, you know, big pause on the sales button, you know, so enterprise sales, big ACV, you know, our ACV is like half a million and up.
And so, you know, sales slowed.
A few retailers had trouble and paused services.
So our kind of revenue this year was flat, slightly down compared to last year.
But I think overall, the market is
Our value proposition will be stronger post-COVID as companies will look for more automation.
It's going to be more competitive than ever.
So having kind of pricing, better pricing, better promotions, and being able to automate more of the work that human beings do.
Retail merchants are overloaded with work.
So I think given that e-commerce has gone up dramatically.
So I think for us, I wouldn't wish it on anybody.
Yeah, we're still in the same number of banners.
Like this year, as I said, it's been flat.
I think sales is now starting to come back.
We expect to close some accounts for the balance of this in Q4 here and then get back to the plan was to double in size this year.
We didn't do that just because of the COVID.