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Jeremy Parker

๐Ÿ‘ค Speaker
200 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

He was all the back of the house.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

And that has allowed us to really grow because we were never stepping on each other's toes.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

And he believed in my vision for leading the business in terms of how we're going to get there.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

And I believe that he would be able to take care of the business side of things.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

We raised a little bit of money before Techstars just to buy the domain name because we knew how valuable the brand name would be from the very beginning of the business.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Wait, Jeremy, what's the number?

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Come on.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

What did you pay for swag?

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Well, we did a unique thing where we basically licensed the name and we ultimately ended up buying it at a later period, but it was $200,000 that we ultimately, that was the number that we bought it for ultimately.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

It wasn't that way, but it was originally asking close to like $1.2 million.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

We brought it down to $200,000.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Then we worked out a deal where we licensed the name with the option to buy it.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

So it made sense.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Was it worth it?

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Oh, 100%.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

I mean, being able to convert offline conversations to online purchasing is amazing.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

So imagine you come across a swag ad.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

You might not need...

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

Swag today, you might need swag in a year from now.

SaaS Interviews with CEOs, Startups, Founders
CustomInk Paid Over $20m for Swag.com, Will do $60m+ This Year, 30% Margins

But when you're talking to your coworkers, your boss, and you say, hey, I need some high quality swag.