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Mark Abbott

๐Ÿ‘ค Speaker
698 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

You've got people that really want to use those products.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

They meet in our marketplace and create value on both sides.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

There absolutely is.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

Because when we realized we were the only ones out there that managed to completely automate this product fundraising business, which is about a two, a $20 billion industry in North America.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

No one has the tools we have to manage your inventory, to track your sales, to actually make a crowdfunding site available.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So the SaaS model flat fee are other fundraising companies.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So if you are a nursery and you do about a million dollars a year in fundraising, it's going to take you three to four people to run that business.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

But you can run it on our platform.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

with one person and a distribution center.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So we move all of the logistics out of your fundraising business onto our platform and all you have to do is fulfillment.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So all your fundraising business turns into a giant wholesale account or a series of accounts that you do fulfillment for and all the other parts of the fundraising come to FarmRaiser and we manage it for you using our technology.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

And what do people pay on average for that per month or per year?

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So because our revenue model is based on transactions,

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

We charge a very nominal amount.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

So it's between 500- So it's still the same 270 then?

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

There actually absolutely is.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

Okay.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

But it's nominal.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

It's between 500 and $1,500 for every fundraising company that signs up on the platform.

SaaS Interviews with CEOs, Startups, Founders
1713 Is this a better way for schools to fundraise?

If you're a coffee roaster, you're not going to pay that because you're just- Mark, is that per month or per year?