Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Blog Pricing

Kyle Racki

๐Ÿ‘ค Speaker
167 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

If you average it out across all of them, our acquisition cost is pretty low because so much of it is just organic traffic and content.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

You know, the paid media, if you really kind of broke that out, it's not profitable.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

We we spend more to acquire customers than we do actually make up, at least in their first couple of months.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

The lifetime value is not super high for our product.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

What is it?

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Low cost.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

The lifetime value on average is about a thousand dollars.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And obviously that changes

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

you know, based on what tier you're on.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So that's why we have salespeople following up with like the $100, $250 a month plans because the lifetime value there is a lot more insane.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

It's like 10, 15 grand.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Totally.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

And what is your gross customer churn monthly?

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Churn right now, I mean, net MRR churn is just about 2%.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Customer churn is under 5%, so it's about 4.5%.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

So we tend to be doing better for like MRR upgrades and that kind of thing.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Oh, right now we have only two salespeople and they, in fact, they only started a couple months ago.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

They were our first sales people and we've, you know, been doing the company now for a couple of years.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

I love that.

SaaS Interviews with CEOs, Startups, Founders
EP 527: Proposify Hits 3200 Customers and $150k in MRR with CEO Kyle Racki

Yeah, and also relying on software like ChartMogul to kind of calculate all that stuff for us.