Lou Wang
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, that's a good question.
We have a budget that's in the five digits per month.
Okay.
I don't know the exact number because we have marketing folks who take care of that now.
And we started to take a look at it in aggregate and
you know, how effective it is.
I will tell you though, obviously channel specific spend is the most effective.
So in our case, Shopify ad revenue or ad spend is, is the most effective one that we have.
No, not all of it.
So yes, of the leads that come to us from Shopify, we do pay them 30%.
And if you think about it, we're also paying them ad spend.
So clearly, we're contributing to Shopify's bottom line here.
But we also do have channels like organic channels.
Again, like I mentioned, we do bring in people from Google, Facebook, Quora, where we're doing ad spend.
And in those cases, we don't have to give anybody a revenue share.
That's a good question.
I think what we would think about is more than the money is the relationship that we would have.
If we were to raise, again, we're profitable, so we're not too concerned about the monetary aspects.
It's more about what...
you know, if an investor coming in, what other benefits can they get us?