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Greg Segall

๐Ÿ‘ค Speaker
140 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

We officially went live at the end of the holiday season in 2016.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

And, you know, 2017 is what I call sort of the spaghetti on the wall year.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

That was sort of when we when we talked where we were talking about all the different use cases on how people were using it from like, you know, work anniversary gifts to, you know, closing gifts to, you know, what we found out, you know, the prospecting side of things to customer appreciation gifts.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Um, and so we've just really tried to double down on one specific use case and that's really what's, what's catapulted our growth.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Uh, it's about five times what we talked about last time.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

So we're probably in the, in the five to 600 range right now.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Well, we have of those 500 customers, some are paying small amounts, some are paying much larger amounts.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

And then some are one-off customers too.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Well, that's for the SaaS customers themselves.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

So we have of that group of customers...

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Um, I'd say about 10% of them are SAS customers right now.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

And those are the folks that are paying us, uh, uh, that revenue.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

But then we also have all the GMV or the, the gift volume that's going through from a lot of customers that aren't paying SAS fee, but are using it for work anniversary gifts.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Like we have, uh, like envision, you know, uses us for all of their work anniversary gifts, for example.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

And they're, they're putting through, you know, a large number of that 500 plus employees.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

So you can sort of do the math, you know, uh, against that.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

It's a much newer model that we've just launched over the last, let's say, three to four months.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Okay.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Correct.

SaaS Interviews with CEOs, Startups, Founders
1241 His New Way to Prospect Just Passed $1m in ARR, $5.4m Raised

Yeah, it's about a quarter of what we'll make on the SaaS side.