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John Andrews

๐Ÿ‘ค Speaker
169 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

The interaction on the plan side, it's very interactive.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Customers are doing optimization based on their constraints in terms of how much money they have for inventory, how much space they have in a store.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Sure.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Yeah, it's generally, so the model is when we start working with a customer, they'll start with a specific solution and focus initially on a specific category area.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

So as an example, they'll start within the women's shoes department, right?

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Or the men's, you know, all men's apparel.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Um, and that, you know, the starting point is going to be somewhere between, you know, 400 to call it 400 to 500 K. Okay.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Kind of on average per year.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Got it.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Right.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Based on, you know, and there's, you know, varying, uh, based on the customer size, the amount of SKUs that they have.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Now, then it will grow from there as they then expand the usage across different categories and as they grow the across different across different products, the solution areas.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Uh, millions of dollars.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

It's generally in the three to $4 million range.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Uh, absolutely care about things, uh, things, uh, in terms of churn, we don't have

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Because our customers are generally much larger in contract size, I mean, those contract dollars, that's a good percentage of a customer's spend, right, as they start to look at.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

So it's not that we don't have the churn that we have had have been retailers that have been struggling financially.

SaaS Interviews with CEOs, Startups, Founders
1020 Urban Outfitters Inventory Management Tool Breaks $6m in ARR

Yeah, no, absolutely.