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Kevin Dawidowicz

๐Ÿ‘ค Speaker
172 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Right.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

So when I take a look at it now, we've got we've got data to support the idea of the hybrid omni channel model for a gym.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

If you have a brick and mortar fitness facility and you're not offering remote fitness right now, you're dead.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Yeah, so we've seen that play out.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

And while it played out, we began to get some data in June and July.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Our LTV and CAC numbers started to fill out.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

What was CAC?

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Right now, it's about 700 bucks.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

So our ratio is like 3.6, which is great.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

You get paid back in like four months.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Yeah, exactly.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

For a SaaS model, that's where you should be.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

So we had to have that model mature.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

And now that it's matured, we can pump marketing dollars into the system and actually pull back the value and actually see that happen.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

So now it's poor fuel in the tank.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

uh yeah facebook placements uh linkedin placements instagram we do see a lot of junk posts from instagram or junk junk leads from instagram um i think you see more fitness people looking for uh solutions as opposed to the professionals or you might get some you know there's there's there's a lot of uh

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

variation in where we actually see it but we do have we do have a really fine-tuned profile the profile looks like somebody who is running a um a gym that's also a uh like a high performance center so if you're training kids you're training young athletes you're training not only them but also their mom and dad that's kind of like the profile that we fit into and um we know exactly like where to throw that at and pull that back and our lead conversion ratio just keeps like

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Revenue-wise, I think we're at about 7% right now.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Monthly.

SaaS Interviews with CEOs, Startups, Founders
CoachMePlus raising $2m on $10m post money right now

Yeah, we just started the upsell market.