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Karan Bhardwaj

๐Ÿ‘ค Speaker
163 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Okay.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So let's say the overall business right now in the last 12 months has been more than a million dollars.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

And out of the entire million dollars, about $400,000 has been completely SaaS or semi-SaaS business.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Now, out of that $400,000, $450,000, each and every client is paying me about $20,000 on a monthly basis.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

And then I'm charging them about $8,000 to $10,000 on a recurring basis.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

That is while I'm setting the entire software up right in the beginning.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

But then on a monthly basis, I charge them $8,000 to $10,000.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Absolutely.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Absolutely correct.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

Well, the rest would be activations like projection mapping, drone shows, immersive rooms, innovation centers, experience zones, brand launches, and stuff like that.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So one-time campaign sort of stuff.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

2024, we are poised to do about $3.5 to $4 million.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So to fuel, I mean, the activation business and the clientele that we have got and the team size that we've got is anyway growing.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

But then majority of this is going to come from a product called XBot.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So what we are doing is we are launching a bot which is going to be placed in source.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

And this is where the entire SaaS based pivot is going to come through.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

This bot basically is good.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

So let's say Zara is already my client.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

H&M is already my client.

SaaS Interviews with CEOs, Startups, Founders
Is $200k on $6m valuation too rich for this tool that helps Retailers heat map and launch promotions in their stores?

And I've been servicing them for one time campaigns for all these years.