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Jeff Gordy

๐Ÿ‘ค Speaker
166 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

So we base our pricing on the number of records in each database.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Um, and we kind of view our own success through our customer success.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

And if they're successful, we're successful.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

So the way that they are successful is by raising more money and putting more donors in their databases.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

And when that happens, we also succeed with them because their monthly fee goes up.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Got it.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

So generally, every month, we'll have a bunch of customers that are increasing their database size, increasing in donors, increasing the amount of money they're raising.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

And then we go ahead and just increase their pricing tiers as we grow with them.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Yeah, so right now our customer acquisition cost is around about $1,100.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Okay, so walk me through where you're spending some of that money.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Yeah, sure.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

It's changing as we speak.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

So in the beginning, and actually all the way up until last year, I did all of the sales and marketing, well, not all the sales, but all of the marketing myself.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

I had one kid helping me out of school, Andrew, that was good at content, but I was really managing all of the marketing.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

I just hired a CMO this year that I actually offered a salary that was higher than myself to bring him on board, as an entrepreneur would do, who knows his money.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Mark now is really adjusting our strategy.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

We're bringing in an external marketing agency.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

We're starting to really pay attention to all the channels and all the numbers and what has the best acquisition costs and everything.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

Historically, we've used Gartner products a lot in advertising and promoting the product.

SaaS Interviews with CEOs, Startups, Founders
1210 How this Niche CRM player passed $7m in ARR after CEO Stroke

not made good use of Google, unfortunately.