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Lalit Bize

๐Ÿ‘ค Speaker
168 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So our CAAT payback period again oscillates between 6 months to 12 months, which is half a year to about a year.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

That's the CAAT payback period.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So last month it was somewhere around 8.6 if I remember correctly.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

We crack it month on month, obviously.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

My net new logo, so I have two engines for new logo acquisitions.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Most of, we have only six people hunting team.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So we don't have a lot.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Yes, but that is about when I'm calculating CAC, I'm calculating CAC on MRR growth, monthly MRR growth.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

The way we calculate CAC is we take last month's MRR to new month's MRR, take a gross margin.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So our gross margin is somewhere around 88%.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So we take the gross margin figure out of that and then look at the entire sales marketing costs, which is customer success plus sales plus travel plus marketing and divide that number to get our CAC.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So when we are, let's say we grow $10,000 MRR,

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

we would have spent less than $120,000 getting that particular MRR.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So the CAC payback period is tracked on top of the MRR growth.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

We don't track on top of new logo acquisition.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Overall net MRR growth.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Right.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So we have about six people, hunting team, what we call them.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

So we have a sales team divided as a hunting and a farming team.

SaaS Interviews with CEOs, Startups, Founders
1301 He Helps Pepsi Get Distribution in India, $7m+ in ARR, 100% yoy Growth

Hunting team is responsible for acquiring new logos.