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

Mark Daniels

๐Ÿ‘ค Speaker
144 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

And I'm talking to an actual hard piece of direct mail piece into the CEO of a Fortune 500 company.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

And that might be an expensive thing to mail out every quarter, but you would end up with an amazing return on investment.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So, you know, we enjoyed really

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Great customer acquisition cost at Diligent and great retention too.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

We were, you know, that, that company had a 99, 98.5% client retention rate.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Yeah, we had more upgrades, and it was just a good model.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Once you get a board of directors on a platform... It's a pain in the butt to get them to switch anywhere else.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Yeah, so you really have to mess up badly.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So I think they're the same as true results.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

If we can provide a platform that helps companies grow, why would you leave it?

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

So I think we have a really unique value proposition, helping companies grow.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

we have just instituted a money back guarantee, which is probably unheard of.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

I think, um, in the SAS business, like, you know, pay us for $12,000, pay us $12,000 over a year.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

And if your company doesn't grow, we'll give you your money back.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Um, don't really have a good answer for you there.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Lifetime value.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

Um, um,

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

We have accounts that have lasted four or five years, so I think the LTV is going to be pretty strong if we can get the return to mail.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

If the tool is helping a company grow, I think the lifetime value would definitely be 5X times the first year's contract.

SaaS Interviews with CEOs, Startups, Founders
996 Guess Why This $600m Man Came out of "Martha Vineyard" Retirement

That's right.