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Jake Diner

๐Ÿ‘ค Speaker
125 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

It's about right.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

It just depends.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Sometimes it's a little bit more, sometimes a bit less.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Well, a year ago, we didn't have anyone, so we acquired all customers within one year.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Okay, so when did you launch the pricing?

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Pardon me?

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Yeah, it took us about a year just to build initial proof of concept.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Got it.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Because it's an AI platform on the back end, so we don't use Google or IBM.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

We've tested them all out.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

They don't sufficient what we're doing.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

So we have a very sophisticated natural language processing platform that understands the text.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

And on top of that, we have a very complex dialogue manager that essentially understands what to do with it.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

So, for example, you're texting me a quote, right?

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

On my back end, I'm analyzing, all right, so you probably want to start the quote.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

I need to understand which type of quote you want to start.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Like, you have insurance that supports our home and life.

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

So I'm going to ask, well, which quote would you like to get, home, life, or auto?

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

And you're going to say pet, pet insurance, right?

SaaS Interviews with CEOs, Startups, Founders
1307 Insurance ChatBot Increases Quote Close Rate, $20k MRR

Totally unexpected.