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Karen Cantwell

๐Ÿ‘ค Speaker
88 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

So we've mainly focused on Australia to sort of get it right here before we go globally.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

So we've got over a thousand subscribers on our database at the moment.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

And they're in every state and territory across Australia.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

And we're now just starting to look at the global market.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

Yeah, so with the majority of our customers, we're probably selling the TikTok track watch too.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

So at the moment, our average recurring revenue is around 20 grand a month.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

When we scale, it will be on average around $6 a month.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

But at the moment, we're doing around 20 a month.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

Yeah, but at the moment, our primary product is the watch, which is the higher price point per month.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

Probably around 11.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

So I think mainly a lot of it's been word of mouth.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

We have a...

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

disabilities and autism community, where that's been really strong support for us in helping kids in that area.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

We've done a lot of publicity, a lot of PR, and we've done a little bit of TV advertising as well to really grow our brand nationally.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

Yeah, it's probably around $3 or $4 per customer.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

That would be our biggest expense, but the majority of our advertising is online, social, through Facebook, Instagram, Twitter.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

We do a lot of Facebook advertising.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

We do probably maybe one to two TV campaigns a year.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

But we don't do that on a regular basis.

SaaS Interviews with CEOs, Startups, Founders
1603 How She Used a Tracking Watch To Get Her First 1000 Customers, $20k MRR

It's too expensive.