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Ken Hoppe

๐Ÿ‘ค Speaker
155 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

And the only way that they would know that is if an email bounce.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So they're calling landlines and chasing people.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

And so we wanted to address that productivity as well.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

Right, right.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

And so we've been modeling a little different ways.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So we're a consumption-based business.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So platform fee plus consumption.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So think of it as if you're using our services.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So each API call or each request, we charge a credit, a decrement of credit.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

Right now, we're averaging about $1,000 a month per client.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

And the exciting thing for us is that we're starting to see companies that are legging into our business model are consuming those thousand dollars a month within three to four months.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

Only a thousand is the platform fee.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

Yeah, absolutely.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So they pre-buy credits in the way that we do a traditional model.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

So we do a capacity plan.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

How many of these API calls do they need?

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

How many phone numbers do they need for their outbound on a projected annualized basis?

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

And then we come up with a business model and we do net 30 payment terms or spread out payment terms.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

And then they consume over time.

SaaS Interviews with CEOs, Startups, Founders
Modigie Gets You Accurate Prospect Cell Numbers, Hits $300k ARR, 29 Customers

over that 12 month period.