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Jon Lee

๐Ÿ‘ค Speaker
181 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

So at Overture and Yahoo, you know, I'd seen basically the growth of that business just skyrocket in terms of pay per click advertising.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And so, you know, clearly saw a need for advertisers to be able to get highly profitable, high volumes of and highly scalable leads.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And so my first company was really focused on doing that.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And so we had built a platform that allows us to be able to find leads for our customers through paid search.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And so we had actually done a handful of affiliate.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

That was epic advertising.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

That was bizarre advertising.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

Sorry, bizarre.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

Yeah, and at Bazaar, we actually started out as an affiliate marketing company that was sending leads to various advertisers.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And then we realized, in the process of doing this, that we could actually automate that process and build a real technology around it.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

So we built something called Adaptive Marketing Console, AMC for short.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And it did really three things well.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

It was keyword discovery.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

So we mined the long tail of keywords.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

So whereas most people would buy keywords, you know, at the head for their specific interest area, we would actually crawl Google search.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

We'd crawl the Wall Street Journal.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

We'd crawl various parts of content to find keywords.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

the long tail of keywords.

SaaS Interviews with CEOs, Startups, Founders
EP 397: ProsperWorks SaaS 40k Paying Customers, Announces New Funding Adding to $10M Already

And then we had a bid management system that would bid and effectively optimize based on gross profit.

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